---
schema_version: "secwatch.filing_event.v1"
accession: "0000844059-24-000038"
form_type: "8-K"
ticker: "FRPH"
cik: "0000844059"
company_name: "FRP HOLDINGS, INC."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:59:46.487970+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FRP Holdings Q2 net income surges 242% to $2.0M; pro rata NOI up 21% to $9.2M

## Summary
- Net income $2.0M ($0.11/share) vs $598K ($0.03) YoY; EPS up 267%.
- Pro rata NOI $9.23M (+21%); Multifamily segment NOI up 84% from Bryant St and .408 Jackson transfers.
- Industrial & Commercial NOI +41% as rent abatements expired; 95.6% leased.
- Mining royalties down 3% due to $277K overpayment clawback; remaining $53K to be exhausted in Q3.
- Closed on two industrial JV land purchases: $24.5M in Broward Co. and $2.8M in Lakeland; construction starts by March 2025.

## SEC filing metadata
- accession: 0000844059-24-000038
- form_type: 8-K
- ticker: FRPH
- cik: 0000844059
- company_name: FRP HOLDINGS, INC.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/844059/000084405924000038/0000844059-24-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/844059/000084405924000038/frph-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000844059-24-000038
- JSON: https://secwatch.observer/filing/0000844059-24-000038.json
- Plain text: https://secwatch.observer/filing/0000844059-24-000038.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.