---
schema_version: "secwatch.filing_event.v1"
accession: "0000844059-25-000005"
form_type: "8-K"
ticker: "FRPH"
cik: "0000844059"
company_name: "FRP HOLDINGS, INC."
filed_at: "2025-03-05T23:59:59+00:00"
generated_at: "2026-05-25T12:13:29.180264+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FRP Holdings Q4 net income down 41.7% YoY to $1.68M; full-year net income up 20.4% to $6.39M

## Summary
- Q4 2024 net income $1.68M ($0.09/sh) vs $2.88M ($0.15/sh) in Q4 2023, down 41.7%.
- Full-year 2024 net income $6.39M ($0.34/sh) vs $5.30M ($0.28/sh) in 2023, up 20.4%.
- Pro rata NOI for 2024 up 26% to $38.1M; management expects 2025 NOI flat to slightly lower.
- Multifamily segment pro rata NOI up 34% in 2024, driven by lease-up of three projects.
- Mining royalty segment benefited from $1.9M one-time minimum royalty payment straight-lined over 20 years.

## SEC filing metadata
- accession: 0000844059-25-000005
- form_type: 8-K
- ticker: FRPH
- cik: 0000844059
- company_name: FRP HOLDINGS, INC.
- filed_at: 2025-03-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/844059/000084405925000005/0000844059-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/844059/000084405925000005/frph-20250305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000844059-25-000005
- JSON: https://secwatch.observer/filing/0000844059-25-000005.json
- Plain text: https://secwatch.observer/filing/0000844059-25-000005.txt

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