Five Point (FPH)
Market Price (2/3/2026): $5.15 | Market Cap: $767.5 MilSector: Real Estate | Industry: Real Estate Development
Five Point (FPH)
Market Price (2/3/2026): $5.15Market Cap: $767.5 MilSector: Real EstateIndustry: Real Estate Development
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.1%, FCF Yield is 27% | Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 32x |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 108%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 108% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.5%, Rev Chg QQuarterly Revenue Change % is -21% |
| Low stock price volatilityVol 12M is 39% | Key risksFPH key risks include [1] the management of its substantial debt load and capital structure and [2] an exclusive business concentration in the California real estate market. |
| Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, Water Infrastructure, and Smart Buildings & Proptech. Themes include Green Building Certification, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.1%, FCF Yield is 27% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 108%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 108% |
| Low stock price volatilityVol 12M is 39% |
| Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, Water Infrastructure, and Smart Buildings & Proptech. Themes include Green Building Certification, Show more. |
| Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 32x |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.5%, Rev Chg QQuarterly Revenue Change % is -21% |
| Key risksFPH key risks include [1] the management of its substantial debt load and capital structure and [2] an exclusive business concentration in the California real estate market. |
Qualitative Assessment
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Five Point (FPH) stock has lost about 10% since 10/31/2025 because of the following key factors:
1. Lower 2026 Net Income Guidance: Five Point announced a significantly reduced consolidated net income target of approximately $100 million for 2026, a substantial decrease from the record $183.5 million achieved in 2025. This guidance also indicated that earnings would be weighted towards the second half of the year, with a small loss expected in the first quarter of 2026 as the company manages land sales.
2. Challenging Housing Market Outlook: Management highlighted a "challenging housing market" influenced by "economic uncertainty, elevated interest rates, and affordability constraints," which could dampen future growth prospects despite strong performance in 2025.
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1. Lower 2026 Net Income Guidance: Five Point announced a significantly reduced consolidated net income target of approximately $100 million for 2026, a substantial decrease from the record $183.5 million achieved in 2025. This guidance also indicated that earnings would be weighted towards the second half of the year, with a small loss expected in the first quarter of 2026 as the company manages land sales.
2. Challenging Housing Market Outlook: Management highlighted a "challenging housing market" influenced by "economic uncertainty, elevated interest rates, and affordability constraints," which could dampen future growth prospects despite strong performance in 2025.
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Stock Movement Drivers
Fundamental Drivers
The -11.8% change in FPH stock from 10/31/2025 to 2/2/2026 was primarily driven by a -11.8% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 2022026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.85 | 5.16 | -11.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 194 | 194 | 0.0% |
| Net Income Margin (%) | 48.6% | 48.6% | 0.0% |
| P/E Multiple | 9.3 | 8.2 | -11.8% |
| Shares Outstanding (Mil) | 149 | 149 | 0.0% |
| Cumulative Contribution | -11.8% |
Market Drivers
10/31/2025 to 2/2/2026| Return | Correlation | |
|---|---|---|
| FPH | -11.8% | |
| Market (SPY) | 2.0% | 22.1% |
| Sector (XLRE) | 0.1% | 22.2% |
Fundamental Drivers
The -3.2% change in FPH stock from 7/31/2025 to 2/2/2026 was primarily driven by a -19.9% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 2022026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.33 | 5.16 | -3.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 197 | 194 | -1.8% |
| Net Income Margin (%) | 39.4% | 48.6% | 23.2% |
| P/E Multiple | 10.2 | 8.2 | -19.9% |
| Shares Outstanding (Mil) | 149 | 149 | 0.0% |
| Cumulative Contribution | -3.2% |
Market Drivers
7/31/2025 to 2/2/2026| Return | Correlation | |
|---|---|---|
| FPH | -3.2% | |
| Market (SPY) | 10.3% | 28.2% |
| Sector (XLRE) | -0.3% | 27.6% |
Fundamental Drivers
The -21.5% change in FPH stock from 1/31/2025 to 2/2/2026 was primarily driven by a -56.8% change in the company's P/E Multiple.| (LTM values as of) | 1312025 | 2022026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.57 | 5.16 | -21.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 197 | 194 | -1.5% |
| Net Income Margin (%) | 26.2% | 48.6% | 85.5% |
| P/E Multiple | 18.9 | 8.2 | -56.8% |
| Shares Outstanding (Mil) | 149 | 149 | -0.3% |
| Cumulative Contribution | -21.5% |
Market Drivers
1/31/2025 to 2/2/2026| Return | Correlation | |
|---|---|---|
| FPH | -21.5% | |
| Market (SPY) | 16.6% | 41.8% |
| Sector (XLRE) | 1.2% | 37.4% |
Fundamental Drivers
The 100.0% change in FPH stock from 1/31/2023 to 2/2/2026 was primarily driven by a 116.3% change in the company's P/S Multiple.| (LTM values as of) | 1312023 | 2022026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.58 | 5.16 | 100.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 208 | 194 | -6.7% |
| P/S Multiple | 1.8 | 4.0 | 116.3% |
| Shares Outstanding (Mil) | 148 | 149 | -0.9% |
| Cumulative Contribution | 100.0% |
Market Drivers
1/31/2023 to 2/2/2026| Return | Correlation | |
|---|---|---|
| FPH | 100.0% | |
| Market (SPY) | 77.5% | 24.9% |
| Sector (XLRE) | 10.7% | 26.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FPH Return | 20% | -64% | 32% | 23% | 48% | -5% | -3% |
| Peers Return | 24% | -19% | 69% | -11% | 10% | 7% | 78% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 85% |
Monthly Win Rates [3] | |||||||
| FPH Win Rate | 58% | 33% | 58% | 42% | 50% | 0% | |
| Peers Win Rate | 62% | 44% | 52% | 42% | 46% | 50% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| FPH Max Drawdown | -3% | -70% | -13% | -9% | -3% | -5% | |
| Peers Max Drawdown | -7% | -40% | -7% | -17% | -12% | -0% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: JOE, FOR, GRBK, TRC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/2/2026 (YTD)
How Low Can It Go
| Event | FPH | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -77.3% | -25.4% |
| % Gain to Breakeven | 340.9% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -58.2% | -33.9% |
| % Gain to Breakeven | 139.2% | 51.3% |
| Time to Breakeven | Not Fully Recovered days | 148 days |
| 2018 Correction | ||
| % Loss | -61.8% | -19.8% |
| % Gain to Breakeven | 161.9% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
Compare to JOE, FOR, GRBK, TRC
In The Past
Five Point's stock fell -77.3% during the 2022 Inflation Shock from a high on 7/13/2021. A -77.3% loss requires a 340.9% gain to breakeven.
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About Five Point (FPH)
Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, owns and develops mixed-use and planned communities in Orange County, Los Angeles County, and San Francisco County. The company operates in four segments: Valencia, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates and owns a commercial office, medical campus, and other properties; and provides development and property management services. The company was formerly known as Newhall Holding Company, LLC and changed its name to Five Point Holdings, LLC in May 2016. Five Point Holdings, LLC was incorporated in 2009 and is headquartered in Irvine, California.
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Five Point (FPH) is:
- A California version of The Howard Hughes Corporation, specializing in large-scale master-planned community development.
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- Master-Planned Community Development: Designing, entitling, and developing large mixed-use communities that integrate residential, commercial, retail, and recreational elements.
- Residential Land Sales: Selling entitled land parcels to homebuilders for the construction of homes within their master-planned communities.
- Commercial and Retail Property Development: Developing and, in some cases, leasing commercial, office, and retail properties within their communities.
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Five Point Holdings (FPH) is a real estate development company that designs, develops, and manages mixed-use, master-planned communities in California. The company primarily sells developed and undeveloped land parcels for residential, commercial, retail, and mixed-use purposes to other companies.
FPH's major customers are homebuilders and commercial developers who purchase land to construct homes, businesses, and other community infrastructure. While Five Point Holdings' SEC filings do not typically disclose any single customer as accounting for 10% or more of their annual revenue, indicating a diversified customer base, the company regularly sells land to many of the largest homebuilders operating in California. Some of the prominent publicly traded homebuilder companies that purchase land in FPH's communities include:
- Lennar Corporation (NYSE: LEN)
- Toll Brothers, Inc. (NYSE: TOL)
- KB Home (NYSE: KBH)
- PulteGroup, Inc. (NYSE: PHM)
- Tri Pointe Homes, Inc. (NYSE: TPH)
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Daniel C. Hedigan, President and Chief Executive Officer
Mr. Hedigan assumed the role of President and Chief Executive Officer of Five Point Holdings, LLC in February 2022. He has served as President since February 2022. His total compensation in 2024 was approximately $4.32 million.
Kim Tobler, Chief Financial Officer, Treasurer and Vice President
Mr. Tobler was appointed Chief Financial Officer, Treasurer, and Vice President of Five Point Holdings, LLC in September 2023. He joined Five Point in 2016 and previously served as Vice President – Treasury and Tax. Prior to Five Point, he was a tax partner at Ernst & Young LLP from 2008 to 2016 and from 1995 to 2003. He also worked at the Irvine Company as Senior Vice President – Finance and Reporting from 2003 to 2008. Mr. Tobler holds a B.S. and a Master's degree in Accounting from Brigham Young University.
Michael Alvarado, Chief Operating Officer, Chief Legal Officer and Vice President
Mr. Alvarado was appointed Chief Operating Officer of Five Point Holdings, LLC in March 2024, while retaining his roles as Chief Legal Officer, Vice President, and Secretary. He began his tenure with Five Point as Chief Legal Officer in May 2016, and served as General Counsel for the company's management team starting in 2011. Before joining Five Point, Mr. Alvarado spent nearly two decades at the law firm Allen Matkins Leck Gamble Mallory & Natsis LLP, where he was a Partner and managed the firm's Orange County real estate practice group, representing public and private real estate companies in various transactions. He was instrumental in FivePoint's 2017 Initial Public Offering and a $500-million senior notes offering, and guided the acquisition of the Broadcom Campus. Mr. Alvarado holds a B.A. from UCLA and a J.D. from Stanford University.
Emile Haddad, Founder & Chairman Emeritus
Mr. Haddad is the Founder and Chairman Emeritus of Five Point Holdings, LLC, which was established in 2009. He previously served as Chairman and Chief Executive Officer. Before founding Five Point, he was the Chief Investment Officer of Lennar Corporation, a leading homebuilder, and was a founding member of Lennar in California. Mr. Haddad has over 30 years of development experience and was a senior executive at Bramalea, a Canadian real estate conglomerate, prior to joining Lennar. He also started a waterproofing business in Beirut before coming to the U.S.. Five Point was incubated as a land investment program at Lennar, which maintains a 40% stake in the independent company. Some of Five Point's early equity partners included Michael Dell's real estate investment arm and Cerberus.
Greg McWilliams, Chief Policy Officer and Vice President
Mr. McWilliams serves as the Chief Policy Officer and Vice President of Five Point Holdings, LLC.
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Here are the key risks to the business of Five Point (FPH): 1.Challenging Economic Environment and Housing Market Headwinds
Five Point's business is highly susceptible to macroeconomic factors, including fluctuating interest rates, inflation, and shifting tariff policies, which directly impact mortgage rates and overall housing affordability. A challenging economic environment can lead to declining consumer confidence and reduced demand for new homes, consequently affecting the pace of land sales within Five Point's master-planned communities. Despite a persistent housing inventory shortage in California, market uncertainties can compel homebuilders to rebalance pricing and sales velocity assumptions, impacting Five Point's revenue generation. 2.Debt and Capital Structure Management
As a land developer, Five Point operates in a capital-intensive industry, necessitating significant investment in land acquisition and development. The company has a history of managing substantial debt, including $625 million of 7.875% notes that were outstanding with a 2025 maturity. While Five Point has recently issued $450 million in senior notes to refinance existing debt and improve its capital structure, the ongoing need to manage its debt load, maintain liquidity, and secure financing for future development projects remains a critical risk. 3.Concentration in the California Real Estate Market
Five Point's business is concentrated on developing large mixed-use communities exclusively in coastal California. This geographic concentration exposes the company to specific regional risks, including local economic downturns, stringent regulatory changes, and environmental factors unique to California. While the supply-constrained nature of California markets can be beneficial, any adverse shifts in the state's economic conditions or real estate policies could disproportionately impact Five Point's operations and financial performance.AI Analysis | Feedback
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Five Point Holdings (FPH) operates primarily in the realm of large-scale, mixed-use master-planned community development across specific regions of California. The company's main products and services encompass residential development, commercial real estate (including office spaces, retail centers, and other mixed-use developments), and the foundational activities of land acquisition, entitlement, and infrastructure development. FPH's key operational areas in California include Valencia (Los Angeles and Ventura Counties), San Francisco (Candlestick and The San Francisco Shipyard communities), and Great Park (Orange County). The addressable markets for Five Point Holdings' primary services in California can be characterized as follows: * Land Development Market (California): The market size of the land development industry in California is projected to be $2.2 billion in 2025. This figure represents the broader market for activities associated with preparing land for development, which is a core part of FPH's business model. * Master-Planned Communities (California, specifically Southern California): While a precise overall dollar value for the master-planned community market size isn't readily available, data on sales volume provides insight into the scale of this market. In 2023, California's top 50 master-planned communities collectively sold over 34,600 new homes. Southern California accounted for 6% of these sales. Specific FPH communities, such as Great Park in Orange County, were among California's top-selling master-planned communities in 2024. * Southern California Housing Market: As of the end of 2024, the median home price in Southern California reached $937,000 in Los Angeles County and $628,000 in Riverside County. By 2025, the median sale price for homes in Southern California has surpassed $900,000. This indicates a high-value market for residential sales within FPH's operational regions. Counties like Orange, San Diego, Los Angeles, and San Bernardino demonstrate significant land transaction volume, underscoring active real estate development markets.AI Analysis | Feedback
Five Point (FPH) is anticipated to drive future revenue growth over the next 2-3 years through several key strategies:
- Continued Land Sales and Development in Master-Planned Communities: Five Point expects sustained revenue from the sale and development of land within its established master-planned communities, particularly Great Park and Valencia. The Great Park community has been consistently highlighted as a primary driver of current performance and a model for future growth, with significant retail and residential land sales contributing to revenue. The company also anticipates closing a commercial sale in Valencia in Q4 2025 and two residential land sales in 2026.
- Expansion through Hearthstone Residential Holdings Acquisition: The acquisition of a 75% ownership interest in Hearthstone Residential Holdings in Q3 2025 is a significant driver. This strategic move is expected to expand Five Point's national platform for providing capital solutions to homebuilders, generate recurring fee-based revenue streams, and broaden its geographic reach and client relationships.
- Rebound in Housing Market Conditions: Five Point anticipates a gradual rebound in home sales activity as mortgage rates normalize and housing affordability improves. This recovery is expected to increase demand from homebuilders seeking to maintain a pipeline of homesites, directly benefiting Five Point's land sales.
- Growth in Management and Incentive Compensation Revenues: The company continues to generate significant management services revenue, notably from the Great Park Venture, including incentive compensation and profit participation from housing revenue increases for builders. These ongoing revenue streams are projected to contribute to the company's financial performance.
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Share Repurchases
- The prohibition against dividends and stock buybacks was removed in October 2025, making these actions now subject to common covenant limitations.
Outbound Investments
- In June 2025, Five Point Holdings entered into a definitive agreement to acquire a 75% controlling interest in Hearthstone Residential Holdings, LLC, a new entity that includes substantially all of the business and operations of Hearthstone, Inc.
- The acquisition of this 75% ownership interest in Hearthstone Residential Holdings, LLC, was closed for $57.6 million.
- This investment aims to expand Five Point's capabilities into national land banking and capital solutions for the homebuilding industry.
Capital Expenditures
- Five Point plans continued investment in horizontal development at its Valencia community and co-investment in Hearthstone funds over the next 12 months.
- The company's business model, focused on developing large-scale, mixed-use communities such as Great Park Neighborhoods and Valencia, inherently involves significant capital expenditure for land development, infrastructure, and public amenities.
- While specific aggregate dollar values for past capital expenditures over the last 3-5 years are not explicitly provided in the available information, the company anticipates having sufficient capital to fund its development and growth strategies for several years.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Five Point Earnings Notes | 12/16/2025 | |
| How Low Can Five Point Stock Really Go? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 26.92 |
| Mkt Cap | 1.4 |
| Rev LTM | 489 |
| Op Inc LTM | 132 |
| FCF LTM | 148 |
| FCF 3Y Avg | 22 |
| CFO LTM | 162 |
| CFO 3Y Avg | 94 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 15.7% |
| Rev Chg 3Y Avg | 8.7% |
| Rev Chg Q | 9.0% |
| QoQ Delta Rev Chg LTM | 1.4% |
| Op Mgn LTM | 12.4% |
| Op Mgn 3Y Avg | 14.0% |
| QoQ Delta Op Mgn LTM | -0.2% |
| CFO/Rev LTM | 19.7% |
| CFO/Rev 3Y Avg | 22.0% |
| FCF/Rev LTM | 7.5% |
| FCF/Rev 3Y Avg | 2.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 1.4 |
| P/S | 4.0 |
| P/EBIT | 6.9 |
| P/E | 9.0 |
| P/CFO | 18.7 |
| Total Yield | 11.2% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 0.7% |
| D/E | 0.2 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 10.2% |
| 3M Rtn | 5.0% |
| 6M Rtn | 5.5% |
| 12M Rtn | 12.8% |
| 3Y Rtn | 75.5% |
| 1M Excs Rtn | 7.4% |
| 3M Excs Rtn | 0.5% |
| 6M Excs Rtn | -4.8% |
| 12M Excs Rtn | -5.8% |
| 3Y Excs Rtn | 8.6% |
Price Behavior
Price Behavior
| Market Price | $5.16 | |
| Market Cap ($ Bil) | 0.8 | |
| First Trading Date | 05/10/2017 | |
| Distance from 52W High | -21.5% | |
| 50 Days | 200 Days | |
| DMA Price | $5.72 | $5.72 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -9.8% | -9.8% |
| 3M | 1YR | |
| Volatility | 27.3% | 38.6% |
| Downside Capture | 109.06 | 90.32 |
| Upside Capture | 22.95 | 51.24 |
| Correlation (SPY) | 24.3% | 41.7% |
FPH Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.88 | 0.82 | 0.58 | 0.73 | 0.84 | 0.80 |
| Up Beta | 2.49 | 3.06 | 1.63 | 1.65 | 0.91 | 0.82 |
| Down Beta | -0.20 | -0.18 | -0.45 | 0.48 | 0.89 | 0.85 |
| Up Capture | 61% | 8% | 41% | 43% | 43% | 57% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 8 | 15 | 25 | 56 | 114 | 334 |
| Down Capture | 221% | 187% | 108% | 69% | 91% | 90% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 11 | 25 | 33 | 64 | 125 | 357 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FPH | |
|---|---|---|---|---|
| FPH | -19.0% | 39.0% | -0.45 | - |
| Sector ETF (XLRE) | 1.0% | 16.3% | -0.12 | 37.2% |
| Equity (SPY) | 16.0% | 19.2% | 0.64 | 41.4% |
| Gold (GLD) | 66.9% | 23.7% | 2.11 | 8.6% |
| Commodities (DBC) | 7.0% | 16.3% | 0.23 | 17.9% |
| Real Estate (VNQ) | 2.9% | 16.5% | -0.00 | 40.3% |
| Bitcoin (BTCUSD) | -19.7% | 39.9% | -0.46 | 19.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FPH | |
|---|---|---|---|---|
| FPH | -4.0% | 47.4% | 0.07 | - |
| Sector ETF (XLRE) | 5.0% | 19.0% | 0.17 | 26.3% |
| Equity (SPY) | 14.1% | 17.1% | 0.66 | 27.2% |
| Gold (GLD) | 19.9% | 16.6% | 0.97 | 5.4% |
| Commodities (DBC) | 11.4% | 18.9% | 0.49 | 10.3% |
| Real Estate (VNQ) | 4.5% | 18.8% | 0.15 | 28.6% |
| Bitcoin (BTCUSD) | 20.9% | 57.6% | 0.56 | 12.4% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FPH | |
|---|---|---|---|---|
| FPH | -10.1% | 48.2% | -0.08 | - |
| Sector ETF (XLRE) | 6.8% | 20.5% | 0.29 | 37.6% |
| Equity (SPY) | 15.9% | 17.9% | 0.76 | 38.6% |
| Gold (GLD) | 15.0% | 15.3% | 0.81 | 1.7% |
| Commodities (DBC) | 8.3% | 17.6% | 0.39 | 17.4% |
| Real Estate (VNQ) | 5.8% | 20.8% | 0.25 | 41.3% |
| Bitcoin (BTCUSD) | 71.1% | 66.4% | 1.10 | 14.6% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/29/2026 | |||
| 10/29/2025 | -1.0% | 3.8% | 5.3% |
| 7/24/2025 | -14.9% | -17.1% | -11.4% |
| 4/24/2025 | 9.2% | 0.2% | 3.7% |
| 1/23/2025 | 41.6% | 58.1% | 29.3% |
| 10/17/2024 | -2.6% | -8.6% | -10.2% |
| 7/18/2024 | 3.7% | 6.6% | 0.7% |
| 4/18/2024 | -0.3% | -5.8% | 2.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 12 | 10 |
| # Negative | 9 | 9 | 11 |
| Median Positive | 5.5% | 6.6% | 3.1% |
| Median Negative | -2.6% | -8.6% | -7.0% |
| Max Positive | 41.6% | 58.1% | 29.3% |
| Max Negative | -14.9% | -17.1% | -24.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 10/31/2025 | 10-Q |
| 06/30/2025 | 07/25/2025 | 10-Q |
| 03/31/2025 | 04/25/2025 | 10-Q |
| 12/31/2024 | 02/24/2025 | 10-K |
| 09/30/2024 | 10/18/2024 | 10-Q |
| 06/30/2024 | 07/19/2024 | 10-Q |
| 03/31/2024 | 04/22/2024 | 10-Q |
| 12/31/2023 | 03/04/2024 | 10-K |
| 09/30/2023 | 10/23/2023 | 10-Q |
| 06/30/2023 | 07/21/2023 | 10-Q |
| 03/31/2023 | 04/24/2023 | 10-Q |
| 12/31/2022 | 03/06/2023 | 10-K |
| 09/30/2022 | 10/31/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
| 12/31/2021 | 03/11/2022 | 10-K |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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