NYSE : JOE
The St. Joe Company — Financial statements
Real Estate · Real Estate - Diversified · United States
Last price 70.02 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 3.96B
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Financial statements
The St. Joe Company (JOE) reported revenue of 542.95M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 542.95M | 513.25M | 402.74M | 389.29M | 252.32M | 267.00M |
| Cost of Revenue | 292.44M | 292.28M | 235.52M | 235.98M | 145.90M | 131.31M |
| Gross Profit | 250.51M | 220.97M | 167.22M | 153.31M | 106.42M | 135.68M |
| Selling, General & Admin | 30.95M | 27.27M | 25.25M | 23.80M | 22.07M | 23.02M |
| Operating Expenses | 76.57M | 74.74M | 71.64M | 62.57M | 44.96M | 41.23M |
| Operating Income | 173.94M | 146.23M | 95.59M | 90.73M | 61.47M | 94.46M |
| Interest Expense | -27.94M | -30.48M | -33.58M | -30.62M | -18.38M | -15.85M |
| Interest & Investment Income | 13.53M | 13.16M | 13.50M | 13.28M | 9.86M | 7.25M |
| Earnings From Equity Investments | 4.22M | 25.63M | 23.59M | 23.42M | 25.99M | -865.00K |
| Other Non Operating Income (Expenses) | -1.43M | -1.49M | -131.00K | 800.00K | 1.49M | 3.85M |
| EBT Excluding Unusual Items | 162.31M | 153.04M | 98.96M | 97.62M | 80.42M | 88.84M |
| Gain (Loss) on Sale of Investments | 2.59M | 1.67M | 1.53M | |||
| Gain (Loss) on Sale of Assets | -61.00K | 2.49M | -615.00K | -16.00K | 2.74M | 3.56M |
| Other Unusual Items | -421.00K | -421.00K | -133.00K | -51.00K | -56.00K | |
| Pretax Income | 161.83M | 155.11M | 98.35M | 100.06M | 94.62M | 98.73M |
| Income Tax Expense | 41.26M | 39.23M | 25.95M | 26.01M | 24.39M | 24.98M |
| Earnings From Continuing Operations | 120.57M | 115.88M | 72.40M | 74.05M | 70.23M | 73.75M |
| Minority Interest in Earnings | 697.00K | -255.00K | 1.79M | 3.66M | 699.00K | 804.00K |
| Net Income | 121.27M | 115.63M | 74.19M | 77.71M | 70.93M | 74.55M |
| Net Income to Common | 121.27M | 115.63M | 74.19M | 77.71M | 70.93M | 74.55M |
| Shares Outstanding (Basic) | 57.25M | 57.94M | 58.33M | 58.31M | 58.72M | 58.88M |
| Shares Outstanding (Diluted) | 57.27M | 57.96M | 58.35M | 58.32M | 58.72M | 58.88M |
| EPS (Basic) | 2.12 | 2.00 | 1.27 | 1.33 | 1.21 | 1.27 |
| EPS (Diluted) | 2.11 | 1.99 | 1.27 | 1.33 | 1.21 | 1.27 |
| Free Cash Flow | 183.91M | 186.64M | 100.25M | 97.67M | 40.87M | 107.50M |
| Free Cash Flow Per Share | 3.21 | 3.22 | 1.72 | 1.68 | 0.70 | 1.83 |
| Dividend Per Share | 0.64 | 0.58 | 0.52 | 0.44 | 0.40 | 0.32 |
| Gross Margin | 46.14% | 43.05% | 41.52% | 39.38% | 42.18% | 50.82% |
| Operating Margin | 32.04% | 28.49% | 23.73% | 23.31% | 24.36% | 35.38% |
| Profit Margin | 22.34% | 22.53% | 18.42% | 19.96% | 28.11% | 27.92% |
| Free Cash Flow Margin | 33.87% | 36.36% | 24.89% | 25.09% | 16.20% | 40.26% |
| EBITDA | 219.56M | 193.70M | 141.97M | 129.51M | 84.36M | 112.66M |
| EBITDA Margin | 40.44% | 37.74% | 35.25% | 33.27% | 33.43% | 42.20% |
| D&A For EBITDA | 45.62M | 47.47M | 46.38M | 38.78M | 22.89M | 18.20M |
| EBIT | 173.94M | 146.23M | 95.59M | 90.73M | 61.47M | 94.46M |
| EBIT Margin | 32.04% | 28.49% | 23.73% | 23.31% | 24.36% | 35.38% |
| Effective Tax Rate | 25.50% | 25.29% | 26.39% | 25.99% | 25.78% | 25.30% |
| Revenue as Reported | 542.95M | 513.25M | 402.74M | 389.29M | 252.32M | 267.00M |
| Advertising Expenses | 5.00M | 3.90M | 3.80M | 2.40M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 117.86M | 129.61M | 88.76M | 86.07M | 37.75M | 70.16M |
| Short-Term Investments | 40.58M | 88.96M | ||||
| Cash & Short-Term Investments | 117.86M | 129.61M | 88.76M | 86.07M | 78.32M | 159.12M |
| Accounts Receivable | 47.10M | 42.17M | 43.07M | 52.94M | 25.26M | 37.18M |
| Other Receivables | 935.00K | 2.94M | 2.94M | 2.94M | 2.94M | 2.94M |
| Receivables | 48.04M | 45.11M | 46.01M | 55.88M | 29.94M | 52.49M |
| Inventory | 3.77M | 3.31M | 4.04M | 4.25M | 3.98M | 2.80M |
| Prepaid Expenses | 10.85M | 11.85M | 12.56M | 12.09M | 9.39M | 7.17M |
| Restricted Cash | 7.50M | 6.90M | 7.56M | 4.70M | ||
| Total Current Assets | 188.01M | 196.78M | 158.92M | 162.98M | 121.64M | 221.58M |
| Property, Plant & Equipment | 33.51M | 43.59M | 63.52M | 66.91M | 40.32M | 31.88M |
| Long-Term Investments | 89.83M | 67.15M | 69.05M | 69.66M | 54.62M | 53.08M |
| Other Long-Term Assets | 1.19B | 1.21B | 1.25B | 1.22B | 1.21B | 901.61M |
| Total Assets | 1.50B | 1.52B | 1.54B | 1.52B | 1.43B | 1.21B |
| Accounts Payable | 18.79M | 17.23M | 22.85M | 24.34M | 69.86M | 48.60M |
| Accrued Expenses | 20.72M | 16.59M | 15.47M | 12.99M | 12.22M | 11.85M |
| Current Portion of Long-Term Debt | 2.31M | 9.84M | ||||
| Current Portion of Leases | 625.00K | 2.34M | ||||
| Current Income Taxes Payable | 9.19M | 2.12M | 1.85M | 9.24M | 3.47M | 681.00K |
| Total Current Liabilities | 51.63M | 48.12M | 40.16M | 46.57M | 85.56M | 61.13M |
| Long-Term Debt | 538.47M | 560.14M | 616.24M | 631.80M | 563.72M | 400.60M |
| Long-Term Leases | 1.05M | 425.00K | 4.77M | 1.09M | 978.00K | 1.11M |
| Long-Term Unearned Revenue | 63.49M | 58.66M | 59.27M | 62.84M | 38.94M | 36.21M |
| Long-Term Deferred Tax Liabilities | 57.83M | 65.86M | 72.36M | 71.83M | 82.71M | 77.26M |
| Other Long-Term Liabilities | 12.32M | 9.59M | 9.03M | 10.92M | 7.84M | 5.74M |
| Total Liabilities | 724.80M | 742.80M | 801.84M | 825.04M | 779.73M | 582.05M |
| Common Stock | 230.53M | 229.51M | 268.67M | 270.85M | 270.03M | 296.87M |
| Retained Earnings | 600.10M | 536.19M | 454.19M | 410.37M | 358.34M | 310.93M |
| Treasury Stock | -65.88M | |||||
| Comprehensive Income & Other | 356.00K | 594.00K | 1.42M | 1.84M | 2.43M | -389.00K |
| Total Common Equity | 765.12M | 766.29M | 724.28M | 683.06M | 630.80M | 607.41M |
| Minority Interest | 7.85M | 9.34M | 12.46M | 15.43M | 20.31M | 18.69M |
| Shareholders' Equity | 772.96M | 775.62M | 736.74M | 698.49M | 651.11M | 626.10M |
| Total Liabilities & Equity | 1.50B | 1.52B | 1.54B | 1.52B | 1.43B | 1.21B |
| Total Debt | 542.46M | 572.74M | 621.01M | 632.89M | 564.70M | 401.71M |
| Net Cash (Debt) | -424.61M | -443.13M | -532.25M | -546.83M | -486.37M | -242.59M |
| Net Cash Per Share | -7.41 | -7.65 | -9.12 | -9.38 | -8.28 | -4.12 |
| Filing Date Shares Outstanding | 56.52M | 57.54M | 58.33M | 58.37M | 58.34M | 58.88M |
| Total Common Shares Outstanding | 56.58M | 57.54M | 58.33M | 58.37M | 58.34M | 58.88M |
| Working Capital | 136.38M | 148.66M | 118.76M | 116.42M | 36.08M | 160.45M |
| Book Value Per Share | 13.52 | 13.32 | 12.42 | 11.70 | 10.81 | 10.32 |
| Tangible Book Value | 765.12M | 766.29M | 724.28M | 683.06M | 630.80M | 607.41M |
| Tangible Book Value Per Share | 13.52 | 13.32 | 12.42 | 11.70 | 10.81 | 10.32 |
| Machinery | 111.62M | 120.17M | 111.89M | 72.37M | 60.25M | |
| Construction In Progress | 1.25M | 650.00K | 951.00K | 775.00K | 1.52M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 121.27M | 115.63M | 74.19M | 77.71M | 70.93M | 74.55M |
| Depreciation & Amortization | 45.62M | 47.47M | 46.38M | 38.78M | 22.89M | 18.20M |
| Other Amortization | 808.00K | 875.00K | 982.00K | 1.00M | 1.01M | |
| Loss (Gain) From Sale of Assets | 61.00K | -2.49M | 615.00K | 16.00K | 181.00K | 270.00K |
| Loss (Gain) From Sale of Investments | 26.00K | 1.85M | ||||
| Loss (Gain) on Equity Investments | 19.85M | 9.97M | 3.20M | -11.96M | -5.50M | -2.26M |
| Stock-Based Compensation | 1.34M | 1.23M | 1.21M | 820.00K | 364.00K | |
| Other Operating Activities | -5.94M | 13.16M | -18.82M | -14.58M | -59.35M | 18.12M |
| Change in Accounts Payable | 6.02M | 2.46M | -6.54M | 10.09M | -331.00K | -1.14M |
| Change in Unearned Revenue | 3.40M | -431.00K | -2.90M | 11.15M | 2.68M | 8.57M |
| Change in Other Net Operating Assets | 2.82M | 2.82M | 9.67M | -9.18M | 15.32M | -6.37M |
| Operating Cash Flow | 188.26M | 190.70M | 107.99M | 103.85M | 48.22M | 111.80M |
| Capital Expenditures | -4.35M | -4.06M | -7.75M | -6.18M | -7.35M | -4.30M |
| Sale of Property, Plant & Equipment | 21.00K | 4.63M | 88.00K | 71.00K | 49.00K | 34.00K |
| Sale (Purchase) of Real Estate | -26.54M | -19.75M | -42.19M | -133.78M | -251.81M | -149.20M |
| Investment in Securities | -8.50M | -7.82M | -1.51M | 39.96M | 58.71M | -49.43M |
| Other Investing Activities | 788.00K | 788.00K | 976.00K | 787.00K | 10.62M | 6.81M |
| Investing Cash Flow | -38.58M | -26.22M | -50.38M | -99.14M | -189.78M | -196.09M |
| Long-Term Debt Issued | 67.83M | 1.10M | 121.84M | 184.48M | 69.30M | |
| Long-Term Debt Repaid | -114.63M | -18.33M | -53.64M | -20.35M | -2.43M | |
| Net Debt Issued (Repaid) | -38.88M | -46.80M | -17.24M | 68.19M | 164.13M | 66.87M |
| Repurchase of Common Stock | -80.96M | -40.27M | -3.36M | -19.97M | ||
| Common Dividends Paid | -36.64M | -33.62M | -30.35M | -25.66M | -23.50M | -18.84M |
| Other Financing Activities | -1.40M | -3.60M | -1.12M | -1.77M | -8.20M | 544.00K |
| Financing Cash Flow | -157.87M | -124.28M | -52.07M | 40.76M | 112.46M | 48.57M |
| Net Cash Flow | -8.19M | 40.20M | 5.55M | 45.47M | -29.10M | -35.72M |
| Free Cash Flow | 183.91M | 186.64M | 100.25M | 97.67M | 40.87M | 107.50M |
| Free Cash Flow Margin | 33.87% | 36.36% | 24.89% | 25.09% | 16.20% | 40.26% |
| Free Cash Flow Per Share | 3.21 | 3.22 | 1.72 | 1.68 | 0.70 | 1.83 |
| Levered Free Cash Flow | 136.59M | 116.64M | 79.93M | -602.12K | 87.42M | 78.76M |
| Unlevered Free Cash Flow | 153.24M | 134.81M | 99.94M | 17.53M | 97.90M | 88.67M |
| Cash Interest Paid | 27.16M | 29.66M | 32.69M | 29.60M | 17.15M | 13.62M |
| Cash Income Tax Paid | 46.72M | 45.67M | 34.14M | 30.92M | 17.11M | 11.07M |
| Change in Working Capital | 5.26M | 4.85M | 234.00K | 12.06M | 17.67M | 1.05M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.89B | 3.43B | 2.62B | 3.51B | 2.25B | 3.06B |
| Enterprise Value | 4.32B | 3.89B | 3.18B | 4.06B | 2.68B | 3.33B |
| Last Close Price | 70.02 | 58.95 | 44.10 | 58.51 | 37.24 | 49.70 |
| PE Ratio | 32.66 | 29.65 | 35.37 | 45.20 | 31.79 | 41.11 |
| Forward PE | 141.27 | 141.27 | 141.27 | 141.27 | 141.27 | |
| PS Ratio | 7.22 | 6.68 | 6.51 | 9.02 | 8.94 | 11.48 |
| PB Ratio | 5.18 | 4.42 | 3.56 | 5.03 | 3.46 | 4.89 |
| P/TBV Ratio | 5.12 | 4.47 | 3.62 | 5.14 | 3.57 | 5.05 |
| P/FCF Ratio | 21.31 | 18.37 | 26.17 | 35.97 | 55.16 | 28.51 |
| P/OCF Ratio | 20.82 | 17.98 | 24.30 | 33.83 | 46.76 | 27.41 |
| EV/Sales Ratio | 8.00 | 7.59 | 7.90 | 10.42 | 10.63 | 12.47 |
| EV/EBITDA Ratio | 19.79 | 20.10 | 22.41 | 31.31 | 31.80 | 29.54 |
| EV/EBIT Ratio | 24.97 | 26.63 | 33.28 | 44.69 | 43.65 | 35.24 |
| EV/FCF Ratio | 23.62 | 20.86 | 31.73 | 41.52 | 65.64 | 30.96 |
| Debt / Equity Ratio | 0.70 | 0.74 | 0.84 | 0.91 | 0.87 | 0.64 |
| Debt / EBITDA Ratio | 2.42 | 2.89 | 4.26 | 4.80 | 6.53 | 3.51 |
| Debt / FCF Ratio | 2.95 | 3.07 | 6.20 | 6.48 | 13.82 | 3.74 |
| Net Debt / Equity Ratio | 0.55 | 0.57 | 0.72 | 0.78 | 0.75 | 0.39 |
| Net Debt / EBITDA Ratio | 1.93 | 2.29 | 3.75 | 4.22 | 5.77 | 2.15 |
| Net Debt / FCF Ratio | 2.31 | 2.37 | 5.31 | 5.60 | 11.90 | 2.26 |
| Asset Turnover | 0.36 | 0.34 | 0.26 | 0.26 | 0.19 | 0.24 |
| Inventory Turnover | 76.28 | 79.55 | 56.85 | 57.37 | 43.08 | 54.45 |
| Quick Ratio | 3.21 | 3.63 | 3.36 | 3.05 | 1.25 | 3.26 |
| Current Ratio | 3.64 | 4.09 | 3.96 | 3.50 | 1.42 | 3.62 |
| Return on Equity (ROE) | 15.62% | 15.32% | 10.09% | 10.97% | 11.00% | 12.35% |
| Return on Assets (ROA) | 7.17% | 5.98% | 3.90% | 3.84% | 2.91% | 5.26% |
| Return on Invested Capital (ROIC) | 10.78% | 8.78% | 5.60% | 5.64% | 4.55% | 8.71% |
| Return on Capital Employed (ROCE) | 12.00% | 9.90% | 6.40% | 6.10% | 4.60% | 8.20% |
| Earnings Yield | 3.06% | 3.37% | 2.83% | 2.21% | 3.15% | 2.43% |
| FCF Yield | 4.69% | 5.44% | 3.82% | 2.78% | 1.81% | 3.51% |
| Dividend Yield | 1.04% | 0.97% | 1.16% | 0.73% | 1.03% | 0.61% |
| Payout Ratio | 34.12% | 29.07% | 40.91% | 33.02% | 33.13% | 25.28% |
| Buyback Yield / Dilution | 1.47% | 0.66% | -0.04% | 0.68% | 0.27% | 0.22% |
| Total Shareholder Return | 2.51% | 1.64% | 1.12% | 1.41% | 1.31% | 0.83% |