Five Point Holdings, LLC (FPH) Balance Sheet
FPH balance sheet, 2025
December 31, 2025 · U.S. dollars$3.24B assets = $860.4M liabilities + $2.38B equity
Both columns are drawn to the same scale: what FPH owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FPH financial health
Descriptive bands, not a rating. Fiscal 2025.
FPH balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.11B2016 | $3.24B2025 | +4.9%/yr | |
| Total liabilities | $606.5M2016 | $860.4M2025 | +4.0%/yr | |
| Shareholders’ equity | $1.51B2016 | $843.2M2025 | −6.3%/yr | |
| Cash & short-term investments | $62.3M2016 | $426.5M2025 | +23.8%/yr | |
| Total debt | $172.1M2016 | $518.1M2025 | +13.0%/yr | |
| Net cash (debt) | −$109.8M2016 | −$91.5M2025 | +$18.2M | |
| Working capital | $1.11B2016 | $2.92B2025 | +$1.8B | |
| Book value per share | $39.192016 | $5.652025 | −19.4%/yr | |
| Debt / equity | 0.112016 | 0.612025 | +0.50 | |
| Shares outstanding | 38.5M2016 | 149.3M2025 | +16.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FPH assets
FPH liabilities and equity
FPH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FPH balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $426.5M | $430.9M | $354.8M | $131.8M | $265.5M | $298.1M | $346.8M | $495.7M | $848.5M | $62.3M |
| Cash & equivalents | $426.5M | $430.9M | $354.8M | $131.8M | $265.5M | $298.1M | $346.8M | $495.7M | $848.5M | $62.3M |
| Short-term investments | — | — | — | $289.0M | $321.3M | — | — | — | $1.5M | $20.6M |
| Receivables | $87.5M | $100.8M | $69.1M | $97.1M | $101.8M | $103.7M | $97.6M | $61.0M | $3.2M | $51.1M |
| Inventory | $2.44B | $2.30B | $2.21B | $2.24B | $2.10B | $1.99B | $1.89B | $1.70B | $1.43B | $1.36B |
| Other current assets | $992,000 | $992,000 | $862,000 | $992,000 | $1.3M | $1.3M | $1.7M | $1.4M | $6.0M | $2.3M |
| Total current assets | $2.96B | $2.83B | $2.64B | $2.47B | $2.47B | $2.39B | $2.34B | $2.25B | $2.28B | $1.48B |
| Property, plant & equipment (net) | $29.3M | $42.5M | $43.2M | $30.2M | $31.5M | $32.8M | $32.3M | $31.7M | $29.7M | $34.4M |
| Goodwill & intangible assets | $87.1M | $9.0M | $25.3M | $40.3M | $51.4M | $71.7M | $80.3M | $95.9M | $127.6M | $127.6M |
| Long-term investments | $153.1M | $185.3M | $252.8M | $331.6M | $374.6M | $442.9M | $533.2M | $532.9M | $530.0M | $438.3M |
| Other non-current assets | $10.9M | $8.9M | $9.8M | $14.7M | $20.1M | $20.6M | $22.9M | $9.2M | $7.6M | $38.1M |
| Total assets | $3.24B | $3.08B | $2.97B | $2.89B | $2.94B | $2.96B | $3.00B | $2.92B | $2.98B | $2.11B |
| Liabilities | ||||||||||
| Accounts payable | $32.6M | $19.3M | $81.6M | $94.4M | $115.4M | $135.3M | $167.7M | $161.1M | $167.6M | $114.1M |
| Short-term debt | $3.4M | $0 | $681.6M | $683.6M | $688.7M | $706.5M | $718.4M | $0 | $663.3M | $172.1M |
| Deferred revenue | — | — | −$681.6M | $11.5M | −$688.7M | −$706.5M | −$718.4M | −$659.7M | −$663.3M | −$172.1M |
| Total current liabilities | $36.0M | $19.4M | $261.4M | $360.6M | $385.4M | $421.7M | $468.2M | $509.2M | $512.1M | $368.0M |
| Long-term debt | $508.1M | $587.8M | $681.6M | $620.7M | $619.1M | $617.6M | $718.4M | $659.7M | $663.3M | $172.1M |
| Lease obligations | — | $0 | $11.0M | $12.5M | $13.9M | $15.2M | $16.3M | — | — | — |
| Other long-term liabilities | $316.4M | $289.1M | $257.9M | $11.5M | $13.0M | $12.6M | $0 | $0 | $0 | $66.4M |
| Total liabilities | $860.4M | $896.3M | $962.2M | $992.7M | $1.02B | $1.05B | $1.10B | $1.08B | $1.07B | $606.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | — | — | — | — | — | — | — | — | — | $15.4M |
| Retained earnings (deficit) | $228.0M | $157.1M | $88.8M | $33.4M | $48.8M | $42.2M | $42.8M | $33.8M | $57.8M | −$15.4M |
| Accumulated other comprehensive income | −$1.5M | −$1.5M | −$2.3M | −$3.0M | −$2.0M | −$2.8M | −$2.7M | −$3.3M | −$2.5M | −$2.5M |
| Minority interest | $1.55B | $1.43B | $1.33B | $1.25B | $1.27B | $1.27B | $1.27B | $1.26B | $1.32B | — |
| Total shareholders' equity | $843.2M | $749.4M | $678.1M | $1.89B | $1.93B | $1.91B | $1.91B | $1.85B | $1.91B | $1.51B |
| Key figures | ||||||||||
| Total debt | $518.1M | $598.8M | $692.5M | $1.30B | $1.31B | $1.32B | $616.0M | $659.7M | $560.6M | $172.1M |
| Net cash (debt) | −$91.5M | −$167.9M | −$337.7M | −$1.17B | −$1.04B | −$1.03B | −$269.2M | −$164.0M | $287.9M | −$109.8M |
| Working capital | $2.92B | $2.81B | $2.38B | $2.11B | $2.08B | $1.97B | $1.87B | $1.75B | $1.77B | $1.11B |
| Tangible book value | $756.2M | $740.4M | $652.8M | $1.85B | $1.87B | $1.84B | $1.83B | $1.75B | $1.78B | $1.38B |
| Book value per share | $5.65 | $5.10 | $4.67 | $13.19 | $28.57 | $28.63 | $13.12 | $28.43 | $14.32 | $39.19 |
| Shares outstanding | 149.3M | 147.0M | 145.2M | 143.5M | 67.4M | 66.7M | 145.5M | 65.0M | 133.0M | 38.5M |
| Current ratio | 82.24 | 145.64 | 10.09 | 6.85 | 6.40 | 5.68 | 4.99 | 4.43 | 4.46 | 4.01 |
| Quick ratio | 14.29 | 27.35 | 1.62 | 0.63 | 0.95 | 0.95 | 0.95 | 1.09 | 1.66 | 0.31 |
| Debt / equity | 0.61 | 0.80 | 1.02 | 0.69 | 0.68 | 0.69 | 0.32 | 0.36 | 0.29 | 0.11 |
| Equity / assets | 26.0% | 24.4% | 22.8% | 65.6% | 65.4% | 64.5% | 63.5% | 63.2% | 64.0% | 71.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $348.4M | $333.6M | $425.5M | $351.1M | $456.6M | $528.3M | $430.9M | $224.5M | $217.4M | $232.7M | $354.8M | $218.3M |
| Cash & equivalents | $348.4M | $333.6M | $425.5M | $351.1M | $456.6M | $528.3M | $430.9M | $224.5M | $217.4M | $232.7M | $354.8M | $218.3M |
| Short-term investments | — | — | — | — | — | −$465.6M | — | $992,000 | — | — | — | — |
| Receivables | $0 | $88.8M | $89.5M | $75.5M | $82.6M | $79.3M | $100.8M | $108.8M | $106.9M | $67.5M | $69.1M | $76.5M |
| Inventory | $2.52B | $2.48B | $2.44B | $2.45B | $2.40B | $2.35B | $2.30B | $2.34B | $2.29B | $2.25B | $2.21B | $2.25B |
| Other current assets | $0 | $992,000 | $0 | $992,000 | $992,000 | $992,001 | $992,000 | $992,000 | $992,000 | $992,000 | $862,000 | $992,000 |
| Total current assets | $2.87B | $2.90B | $426.5M | $2.88B | $2.94B | $2.96B | $2.83B | $2.67B | $2.62B | $2.55B | $2.64B | $2.55B |
| Property, plant & equipment (net) | $29.2M | $39.7M | $29.3M | $29.3M | $40.9M | $41.7M | $42.5M | $43.4M | $44.0M | $44.4M | $43.2M | $44.0M |
| Goodwill & intangible assets | $85.2M | $86.2M | $87.1M | $89.7M | $7.3M | $7.8M | $9.0M | $11.5M | $13.7M | $23.2M | $25.3M | $31.0M |
| Long-term investments | $124.9M | $152.3M | $153.1M | $168.9M | $160.4M | $143.3M | $185.3M | $210.8M | $237.8M | $246.4M | $252.8M | $301.4M |
| Other non-current assets | $108.1M | $9.5M | $2.55B | $21.5M | $9.3M | $7.6M | $8.9M | $9.5M | $7.1M | $6.5M | $9.8M | $9.6M |
| Total assets | $3.22B | $3.19B | $3.25B | $3.19B | $3.16B | $3.16B | $3.08B | $2.95B | $2.92B | $2.87B | $2.97B | $2.93B |
| Liabilities | ||||||||||||
| Accounts payable | $108.0M | $43.7M | $106.2M | $102.4M | $28.5M | $42.7M | $19.3M | $38.0M | $19.6M | $21.9M | $81.6M | $100.1M |
| Short-term debt | $444.0M | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | $0 |
| Total current liabilities | $552.0M | $43.7M | $106.2M | $341.6M | $28.5M | $42.7M | $19.4M | $38.4M | $21.8M | $26.3M | $261.4M | $343.5M |
| Long-term debt | $444.0M | $443.7M | $508.1M | $508.6M | $590.9M | $589.3M | $587.8M | $586.3M | $524.1M | $523.3M | $622.2M | $680.5M |
| Lease obligations | — | — | — | — | — | — | $0 | $9.7M | $10.1M | $10.6M | $11.0M | $11.4M |
| Other long-term liabilities | $0 | $322.7M | $246.1M | $0 | $289.3M | $287.1M | $289.1M | $258.9M | $321.9M | $309.0M | $317.2M | $0 |
| Total liabilities | $814.9M | $810.0M | $860.4M | $835.8M | $908.7M | $919.1M | $896.3M | $885.4M | $867.8M | $858.6M | $962.2M | $988.2M |
| Shareholders' equity | ||||||||||||
| Retained earnings (deficit) | $236.7M | $225.8M | $228.0M | $204.8M | $183.7M | $180.4M | $157.1M | $110.6M | $105.8M | $91.1M | $88.8M | $59.0M |
| Accumulated other comprehensive income | −$1.5M | −$1.6M | −$1.5M | −$1.4M | −$1.5M | −$1.5M | −$1.5M | −$2.3M | −$2.3M | −$2.3M | −$2.3M | −$2.9M |
| Minority interest | $1.56B | $1.54B | $1.55B | $1.55B | $1.47B | — | — | — | — | — | — | — |
| Total shareholders' equity | $849.0M | $842.0M | $843.2M | $803.0M | $779.4M | $774.3M | $749.4M | $702.5M | $696.7M | $681.0M | $678.1M | $646.7M |
| Key figures | ||||||||||||
| Total debt | $444.0M | $471.6M | $514.3M | $444.5M | $600.7M | $599.8M | $598.8M | $596.0M | $596.8M | $595.7M | $692.5M | $680.5M |
| Net cash (debt) | −$95.7M | −$138.0M | −$88.8M | −$93.4M | −$144.1M | −$71.4M | −$167.9M | −$371.5M | −$379.4M | −$363.1M | −$337.7M | −$462.2M |
| Working capital | $2.32B | $2.86B | $320.3M | $2.53B | $2.91B | $2.92B | $2.81B | $2.64B | $2.60B | $2.52B | $2.38B | $2.21B |
| Tangible book value | $763.8M | $755.8M | $756.2M | $713.4M | $772.1M | $766.5M | $740.4M | $690.9M | $683.0M | $657.8M | $652.8M | $615.6M |
| Book value per share | $5.69 | $5.60 | $5.61 | $5.38 | $5.24 | $5.20 | $5.10 | $4.79 | $4.77 | $4.67 | $4.66 | $4.45 |
| Shares outstanding | 149.3M | 150.3M | 150.3M | 149.3M | 148.7M | 148.8M | 146.9M | 146.6M | 146.0M | 145.9M | 145.4M | 145.3M |
| Current ratio | 5.20 | 66.38 | 4.02 | 8.42 | 103.15 | 69.30 | 145.64 | 69.65 | 120.22 | 97.06 | 10.09 | 7.42 |
| Quick ratio | 0.63 | 9.67 | 4.85 | 1.25 | 18.91 | 14.23 | 27.35 | 8.68 | 14.89 | 11.42 | 1.62 | 0.86 |
| Debt / equity | 0.52 | 0.56 | 0.61 | 0.55 | 0.77 | 0.77 | 0.80 | 0.85 | 0.86 | 0.87 | 1.02 | 1.05 |
| Equity / assets | 26.4% | 26.4% | 26.0% | 25.2% | 24.7% | 24.5% | 24.4% | 23.8% | 23.9% | 23.7% | 22.8% | 22.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 6, 2026); data from EODHD.
FPH financial position
At the end of fiscal 2025 (December 31, 2025), Five Point had total assets of $3.2 billion (up 5.3% from a year earlier), total liabilities of $860.4 million and shareholders' equity of $843.2 million. It held $426.5 million in cash and short-term investments against $518.1 million of debt, net debt of $91.5 million. Its current ratio was 82.24. In the latest quarter (ended June 30, 2026) total assets were $3.2 billion and equity $849.0 million.
Related: FPH income statement, FPH cash flow statement, FPH key metrics. See the FPH stock overview for the latest quote and news.
FPH balance sheet FAQ
What are Five Point's total assets?
Five Point reported total assets of $3.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $3.1 billion a year earlier.
How much debt does Five Point have?
Five Point had $518.1 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.61.
How much cash does Five Point have?
Five Point held $426.5 million in cash and short-term investments at the end of fiscal 2025; with $518.1 million of debt that is net debt of $91.5 million.
What is Five Point's book value?
Five Point's shareholders' equity (book value) was $843.2 million at the end of fiscal 2025, or $5.65 per share.
What is Five Point's current ratio?
Five Point had current assets of $3.0 billion and current liabilities of $36.0 million, a current ratio of 82.24 (it can cover its short-term obligations).
How much goodwill does Five Point have?
Five Point carried $87.1 million of goodwill and intangible assets, 2.7% of total assets, at the end of fiscal 2025.