FRP Holdings (FRPH) risk factors
Item 1A of every FRP Holdings, Inc. 10-K on file, and what changed from one year to the next.
- FY2025 10-K risk factors
22 risks, 3 new, 2 dropped, 2 reworded since the prior year. Real estate investments expose the company to construction, labor, material, and capitalization rate risks. Geographic exposure spans Baltimore, Washington D.C., and Greenville, South Carolina. Executive Chairman John D. Baker II and family control a significant percentage of common stock.
Filed Apr 15, 2026 - FY2024 10-K risk factors
21 risks. Geographic concentration in Baltimore and Washington D.C. creates high exposure to regional economic shifts and weather events. Heavy reliance on joint ventures, construction sector activity, and mining royalties drives operational results. Significant mortgage debt, environmental liabilities at Riverfront on the Anacostia, and self-insurance expose earnings to volatility.
Filed Mar 18, 2025