Saturday 17 October 2026 Export TPHS’s income statement to Excel — free account

Trinity Place Holdings Inc.

TPHS Real Estate Real Estate Development

Trinity Place Holdings Inc.’s revenue for fiscal 2024 (year ended December 2024) was $3.5 million, down 89.5% from fiscal 2023. In the quarter to December 2024, revenue fell 73.2%, EPS grew 96.2% and free cash flow grew 81.0%, each against the same quarter a year earlier.

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Market cap: $4.0M
P/E: 0.3×
Fwd P/E: —
Dividend yield: —
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 6.28%

Capital & Financial Ratios $m

Market Cap 3.97

Revenue 3.54

Net Income 5.60

Free Cash Flow (7.94)

Net Debt (0.40)

Current Ratio 0.39

Debt/Equity 0.00

P/E ratio 0.33

Fwd P/E —

P/S ratio 0.53

P/B ratio 0.85

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth —

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 23.41%

10-year low 10-year high

P/B against its own 10 years 18.35%

10-year low 10-year high

EV/Sales against its own 10 years 47.73%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2020	Powerpack
2019	Powerpack
2018	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2021	2022	2023	2024
Cash	43	26	8	0
Receivables	0	0	1	0
Inventory	—	—	—	—
Other	—	—	—	—
	43	27	9	1

	2021	2022	2023	2024
Payables	—	—	—	—
ST’ Debt	—	—	—	—
Other	—	—	—	—
	24	25	30	1

Compound Annual Growth %

	10y	5y	3y
Sales	—	(5.22%)	(49.35%)
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	(48.32%)	(64.69%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’24	2	0	0	0	4
’23	15	7	11	2	34
’22	7	6	19	10	43
’21	0	1	2	24	27
’20	0	0	0	1	2
’19	1	1	1	1	5

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’24	(4)	(1)	(1)	(1)	(8)
’23	4	(2)	(3)	(4)	(5)
’22	0	0	6	(5)	1
’21	(14)	(9)	(8)	10	(21)
’20	(4)	(2)	(1)	(49)	(56)
’19	0	0	(2)	(68)	(71)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’24	(4)	(1)	(1)	(1)	(8)
’23	4	(2)	(3)	(4)	(6)
’22	0	0	6	(5)	1
’21	(14)	(9)	(8)	10	(21)
’20	(23)	(13)	(11)	(13)	(60)
’19	(22)	(25)	(27)	(2)	(77)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’24	0.15	(0.03)	(0.02)	(0.01)	0.09
’23	(0.17)	(0.29)	(0.31)	(0.26)	(1.02)
’22	(0.14)	(0.01)	(0.17)	(0.24)	(0.56)
’21	(0.20)	(0.20)	(0.11)	(0.11)	(0.49)
’20	(0.10)	0.64	(0.17)	(0.24)	0.13
’19	(0.07)	(0.08)	(0.08)	0.06	(0.17)

Fiscal quarters ending in the months shown.

Group	Line	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025e
Price, $
Price, $	Low	—	5.25	6.53	4.20	2.81	1.11	1.23	0.42	0.10	0.02	Analyst estimates 2025–2027 Powerpack
	High	—	10.37	9.97	7.45	4.91	3.60	3.04	2.13	0.98	0.48
People
People	Employees	—	8	9	9	10	9	9	7	6	4
	Revenue/emp, $m	—	0.23	0.21	0.41	0.46	0.20	3.03	6.14	5.60	0.89
Income, $m
Income, $m	Revenue	—	2	2	4	5	2	27	43	34	4
	Gross margin, %	—	34.43	29.27	40.11	(65.19)	(413.36)	(5.18)	4.35	0.12	35.63
	EBT	—	(7)	(5)	(8)	(5)	5	(21)	(20)	(39)	6
	EBT margin, %	—	(389.01)	(270.25)	(204.55)	(111.51)	254.05	(75.33)	(47.46)	(115.58)	164.34
	Net income	—	(7)	(2)	(8)	(5)	4	(21)	(21)	(39)	6
	Depreciation	—	1	1	3	4	4	6	6	7	1
Per share, $
Per share, $	Revenue	—	0.07	0.06	0.12	0.15	0.06	0.82	1.15	0.88	0.06
	Earnings	—	(0.29)	(0.07)	(0.25)	(0.17)	0.13	(0.49)	(0.56)	(1.02)	0.09
	Cash flow	—	(0.58)	(0.25)	(0.08)	(2.21)	(1.73)	(0.64)	0.04	(0.14)	(0.13)
	Capex	—	(0.47)	(0.05)	(4.46)	(0.19)	(0.13)	0.00	0.00	0.00	0.00
	Free cash flow	—	(1.05)	(0.30)	(4.54)	(2.40)	(1.86)	(0.64)	0.03	(0.15)	(0.13)
	Book value	—	1.10	2.21	1.88	1.87	1.92	1.50	0.73	(0.26)	0.04
	Shares, m	—	25	30	32	32	32	33	37	38	63
Valuation, ×
Valuation, ×	P/E	—	0.00	0.00	0.00	0.00	9.18	0.00	0.00	0.00	0.78
	P/S	—	127.47	114.48	36.92	20.74	22.11	2.25	0.60	0.13	1.24
	P/B	—	8.44	3.17	2.31	1.61	0.65	1.23	0.94	0.00	1.99
	EV/Sales	—	141.69	114.18	63.25	52.19	115.01	9.19	5.07	6.02	59.39
	EV/FCF	—	(9.86)	(23.45)	(1.64)	(3.15)	(3.49)	(11.72)	173.10	(35.83)	(25.93)
Cash, $m
Cash, $m	Operating cash flow	—	(15)	(8)	(3)	(71)	(56)	(21)	1	(5)	(8)
	Capex	—	(12)	(2)	(141)	(6)	(4)	0	0	0	—
	Free cash flow	—	(27)	(9)	(144)	(77)	(60)	(21)	1	(6)	(8)
Balance, $m
Balance, $m	Working capital	—	20	27	9	8	15	19	2	(21)	(1)
	Total debt	—	49	36	123	175	205	232	219	206	—
	Net debt	—	26	(1)	98	146	170	189	192	198	0
	Shareholders’ equity	—	28	67	59	60	62	50	27	(10)	2
Returns, %
Returns, %	ROA	—	(8.64)	(1.96)	(4.18)	(1.76)	1.30	(6.26)	(6.38)	(13.59)	4.13
	ROIC	—	(8.02)	(4.90)	(2.82)	(1.28)	1.90	(2.77)	(2.45)	(3.23)	(172.97)
	ROE	—	(28.07)	(4.24)	(12.45)	(8.88)	7.12	(37.14)	(53.50)	(451.27)	(142.81)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2024 · latest quarter Dec 2024

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
FPH Five Point Holdings, LLC	$484.8M	5.8×	38.8×	+86.03% (above 0%: growing)	+200.00% (above 0%: growing)	+85.60% (above 0%: growing)	48.27%	(54.55%)	Compare
OZ Belpointe PREP, LLC	$150.1M	— (loss-making)	— (loss-making)	+168.08% (above 0%: growing)	n/m	+81.31% (above 0%: growing)	7.71%	(176.11%)	Compare
AXR AMREP Corporation	$107.8M	17.9×	14.3×	−66.10% (below 0%: shrinking)	−94.32% (below 0%: shrinking)	−138.27% (below 0%: shrinking)	37.10%	(2.69%)	Compare
LPA Logistic Properties of the Americas	$88.4M	5.1×	— (loss-making)	+26.09% (above 0%: growing)	n/m	+225.63% (above 0%: growing)	100.00%	189.88%	Compare
AEI Alset Inc.	$25.1M	— (loss-making)	— (loss-making)	−10.05% (below 0%: shrinking)	n/m	−187.23% (below 0%: shrinking)	8.49%	(181.43%)	Compare
MRNO Murano Global BV	$19.4M	3.6×	—	—	n/m	+87.89% (above 0%: growing)	35.30%	4.38%	Compare
LRE Lead Real Estate Co., Ltd. Unsponsored ADR	$15.3M	1.8×	5.4×	+20.40% (above 0%: growing)	+33.33% (above 0%: growing)	+270.92% (above 0%: growing)	0.00%	0.00%	Compare
RENX RenX Enterprises Corp.	$6.0M	— (loss-making)	— (loss-making)	+203.45% (above 0%: growing)	n/m	−785.51% (below 0%: shrinking)	31.90%	(70.40%)	Compare
TPHS Trinity Place Holdings Inc.	$4.0M	0.3×	—	−73.23% (below 0%: shrinking)	n/m	+81.04% (above 0%: growing)	93.73%	(102.41%)
Median of peers	$56.8M	5.1×	14.3×	+26.09%	+33.33%	+83.46%	33.60%	(28.62%)

All 15 Real Estate Development stocks →