Five Point Holdings (FPH) Rent Expense (2016 - 2018)
Five Point Holdings (FPH) posted quarterly Rent Expense of $2.4 million for Q1 2018, up 4.82% year-on-year from $2.3 million in Q1 2017, and down 23.96% on a QoQ basis from $3.1 million in Q4 2017.
Five Point Holdings (FPH) Rent Expense (2016 - 2018) Analysis & Trends
Five Point Holdings (FPH) has reported Rent Expense for 3 consecutive years, with $2.4 million the latest figure, recorded in Q1 2018.
- Quarterly Rent Expense rose 4.82% year-over-year to $2.4 million in Q1 2018, while the trailing twelve-month figure through Mar 2018 was $11.6 million (up 14.04% YoY) and the FY2017 annual result came in at $11.4 million, up 7.45% from the prior year.
- Rent Expense declined to $2.4 million in Q1 2018 per FPH's latest filing, from $3.1 million in the prior quarter.
- Over the last five years, Rent Expense for FPH reached as high as $3.1 million in Q4 2017 and fell as low as $2.3 million in Q1 2017.
- A 3-year average of $2.7 million and a median of $2.8 million in 2016 frame the typical range for Rent Expense.
- The largest YoY upside for Rent Expense was 20.93% in 2017 against a maximum downside of 18.54% in 2017.
- Year by year, Rent Expense stood at $2.8 million in 2016, then rose by 10.47% to $3.1 million in 2017, then retreated by 23.96% to $2.4 million in 2018.
- According to Business Quant data, Rent Expense over the past three periods registered $2.4 million, $3.1 million, and $3.1 million for Q1 2018, Q4 2017, and Q3 2017 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 29.71 Bn | 29.71 Bn | - | - |
| 2 | Howard Hughes Holdings | 3.89 Bn | 3.89 Bn | 182.88 Mn | - |
| 3 | Century Communities | 2.08 Bn | 1.98 Bn | 190.18 Mn | - |
| 4 | Forestar | 1.51 Bn | 1.12 Bn | 84.10 Mn | - |
| 5 | Five Point Holdings | 413.20 Mn | 63.83 Mn | -23.72 Mn | - |
| 6 | Belpointe PREP | 178.93 Mn | 178.93 Mn | - | 5.00 Mn |
| 7 | Smith Douglas Homes | 139.55 Mn | 111.56 Mn | 40.45 Mn | - |
| 8 | Amrep | 122.61 Mn | 69.92 Mn | 4.41 Mn | - |
| 9 | Logistic Properties of the Americas | 94.85 Mn | 94.85 Mn | - | - |
| 10 | Kaanapali Land | 55.35 Mn | 18.66 Mn | 10.32 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2018 | 2.39 Mn |
| Mar 31, 2018 | 2.39 Mn |
| Dec 31, 2017 | 3.14 Mn |
| Dec 31, 2017 | 3.14 Mn |
| Sep 30, 2017 | 3.12 Mn |
| Sep 30, 2017 | 3.12 Mn |
| Jun 30, 2017 | 2.91 Mn |
| Jun 30, 2017 | 2.91 Mn |
| Mar 31, 2017 | 2.28 Mn |
| Mar 31, 2017 | 2.28 Mn |
| Dec 31, 2016 | 2.85 Mn |
| Dec 31, 2016 | 2.85 Mn |
| Sep 30, 2016 | 2.60 Mn |
| Sep 30, 2016 | 2.60 Mn |
| Jun 30, 2016 | 2.41 Mn |
| Jun 30, 2016 | 2.41 Mn |
| Mar 31, 2016 | 2.80 Mn |
| Mar 31, 2016 | 2.80 Mn |