Stocks · Real estate · Land Subdividers & Developers (No Cemeteries)

ST JOE Co

JOE Clue Score70
United States Fiscal year ends December CIK 0000745308
$64.86 -0.60% Close, 9 Oct 2026
Price $64.86 +48.35% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue96.9Operating income3.1Net income15.9Fiscal year 2017Revenue100.0 +3.3%Operating income3.6Net income59.6 +274.8%Fiscal year 2018Revenue110.3 +10.2%Operating income29.4Net income32.4 −45.7%Fiscal year 2019Revenue127.1 +15.2%Operating income31.3Net income26.8 −17.3%EPS, diluted0.45Fiscal year 2020Revenue160.6 +26.3%Operating income47.1Net income45.2 +68.8%EPS, diluted0.77 +71.1%Fiscal year 2021Revenue267.0 +66.3%Operating income94.5Net income74.6 +64.9%EPS, diluted1.27 +64.9%Fiscal year 2022Revenue252.3 −5.5%Operating income61.5Net income70.9 −4.9%EPS, diluted1.21 −4.7%Fiscal year 2023Revenue389.3 +54.3%Operating income90.7Net income77.7 +9.6%EPS, diluted1.33 +9.9%Fiscal year 2024Revenue402.7 +3.5%Operating income95.6Net income74.2 −4.5%EPS, diluted1.27 −4.5%Fiscal year 2025Revenue513.2 +27.4%Operating income146.2Net income115.6 +55.9%EPS, diluted1.99 +56.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 96.9 100.0 110.3 127.1 160.6 267.0 252.3 389.3 402.7 513.2
Growth +3.3% +10.2% +15.2% +26.3% +66.3% −5.5% +54.3% +3.5% +27.4%
Operating income 3.1 3.6 29.4 31.3 47.1 94.5 61.5 90.7 95.6 146.2
Net income 15.9 59.6 32.4 26.8 45.2 74.6 70.9 77.7 74.2 115.6
Growth +274.8% −45.7% −17.3% +68.8% +64.9% −4.9% +9.6% −4.5% +55.9%
EPS, diluted n/a n/a n/a 0.45 0.77 1.27 1.21 1.33 1.27 1.99
Growth +71.1% +64.9% −4.7% +9.9% −4.5% +56.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Operating margin3.2%Net margin16.4%Free cash flow margin9.7%Fiscal year 2017Operating margin3.6%Net margin59.6%Free cash flow margin50.7%Fiscal year 2018Operating margin26.7%Net margin29.4%Free cash flow margin35.2%Fiscal year 2019Operating margin24.6%Net margin21.1%Free cash flow margin16.6%Fiscal year 2020Operating margin29.3%Net margin28.2%Free cash flow margin19.7%Fiscal year 2021Operating margin35.4%Net margin27.9%Free cash flow margin40.3%Fiscal year 2022Gross margin42.2%Operating margin24.4%Net margin28.1%Free cash flow margin16.2%Fiscal year 2023Gross margin39.4%Operating margin23.3%Net margin20.0%Free cash flow margin25.1%Fiscal year 2024Gross margin41.5%Operating margin23.7%Net margin18.4%Free cash flow margin24.9%Fiscal year 2025Gross margin43.1%Operating margin28.5%Net margin22.5%Free cash flow margin36.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin n/a n/a n/a n/a n/a n/a 42.2% 39.4% 41.5% 43.1%
Operating margin 3.2% 3.6% 26.7% 24.6% 29.3% 35.4% 24.4% 23.3% 23.7% 28.5%
Net margin 16.4% 59.6% 29.4% 21.1% 28.2% 27.9% 28.1% 20.0% 18.4% 22.5%
Free cash flow margin 9.7% 50.7% 35.2% 16.6% 19.7% 40.3% 16.2% 25.1% 24.9% 36.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow10.7Capital expenditure−1.3Free cash flow9.4Buybacks−14.8Fiscal year 2017Operating cash flow53.7Capital expenditure−3.0Free cash flow50.7 +441.4%Buybacks−147.4Fiscal year 2018Operating cash flow41.4Capital expenditure−2.6Free cash flow38.8 −23.5%Buybacks−93.4Fiscal year 2019Operating cash flow30.4Capital expenditure−9.4Free cash flow21.0 −45.8%Buybacks−20.8Dividends paid0.0Fiscal year 2020Operating cash flow37.3Capital expenditure−5.7Free cash flow31.6 +50.4%Buybacks−8.8Dividends paid−4.1Fiscal year 2021Operating cash flow111.8Capital expenditure−4.3Free cash flow107.5 +239.7%Dividends paid−18.8Fiscal year 2022Operating cash flow48.2Capital expenditure−7.3Free cash flow40.9 −62.0%Buybacks−20.0Dividends paid−23.5Fiscal year 2023Operating cash flow103.8Capital expenditure−6.2Free cash flow97.7 +139.0%Dividends paid−25.7Fiscal year 2024Operating cash flow108.0Capital expenditure−7.7Free cash flow100.2 +2.6%Buybacks−3.4Dividends paid−30.3Fiscal year 2025Operating cash flow190.7Capital expenditure−4.1Free cash flow186.6 +86.2%Buybacks−40.3Dividends paid−33.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 10.7 53.7 41.4 30.4 37.3 111.8 48.2 103.8 108.0 190.7
Capital expenditure −1.3 −3.0 −2.6 −9.4 −5.7 −4.3 −7.3 −6.2 −7.7 −4.1
Free cash flow 9.4 50.7 38.8 21.0 31.6 107.5 40.9 97.7 100.2 186.6
Growth +441.4% −23.5% −45.8% +50.4% +239.7% −62.0% +139.0% +2.6% +86.2%
Buybacks −14.8 −147.4 −93.4 −20.8 −8.8 n/a −20.0 n/a −3.4 −40.3
Dividends paid n/a n/a n/a 0.0 −4.1 −18.8 −23.5 −25.7 −30.3 −33.6

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash241.1Total debt55.0Net cash (debt)186.1Shareholders’ equity669.3Debt to equity0.08Fiscal year 2017Cash192.1Total debt55.6Net cash (debt)136.5Shareholders’ equity577.6Debt to equity0.10Fiscal year 2018Cash195.2Total debt69.4Net cash (debt)125.8Shareholders’ equity518.2Debt to equity0.13Fiscal year 2019Cash185.7Total debt92.5Net cash (debt)93.2Shareholders’ equity519.5Debt to equity0.18Fiscal year 2020Cash106.8Total debt158.9Net cash (debt)−52.1Shareholders’ equity550.6Debt to equity0.29Fiscal year 2021Cash70.2Total debt223.0Net cash (debt)−152.9Shareholders’ equity607.4Debt to equity0.37Fiscal year 2022Cash37.7Total debt385.9Net cash (debt)−348.1Shareholders’ equity630.8Debt to equity0.61Fiscal year 2023Cash86.1Total debt453.6Net cash (debt)−367.6Shareholders’ equity683.1Debt to equity0.66Fiscal year 2024Cash88.8Total debt437.8Net cash (debt)−349.0Shareholders’ equity724.3Debt to equity0.60Fiscal year 2025Cash129.6Total debt391.2Net cash (debt)−261.5Shareholders’ equity766.3Debt to equity0.51
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 241.1 192.1 195.2 185.7 106.8 70.2 37.7 86.1 88.8 129.6
Total debt 55.0 55.6 69.4 92.5 158.9 223.0 385.9 453.6 437.8 391.2
Net cash (debt) 186.1 136.5 125.8 93.2 −52.1 −152.9 −348.1 −367.6 −349.0 −261.5
Shareholders’ equity 669.3 577.6 518.2 519.5 550.6 607.4 630.8 683.1 724.3 766.3
Debt to equity 0.08 0.10 0.13 0.18 0.29 0.37 0.61 0.66 0.60 0.51

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
96.9 100.0 110.3 127.1 160.6 267.0 252.3 389.3 402.7 513.2
Growth +3.3% +10.2% +15.2% +26.3% +66.3% −5.5% +54.3% +3.5% +27.4%
62.2 67.2 51.3 64.1 n/a n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a n/a 106.4 153.3 167.2 221.0
Growth +44.1% +9.1% +32.1%
3.1 3.6 29.4 31.3 47.1 94.5 61.5 90.7 95.6 146.2
Growth +16.2% +722.0% +6.5% +50.3% +100.6% −34.9% +47.6% +5.3% +53.0%
22.6 41.4 30.9 36.2 59.2 98.7 94.6 100.1 98.3 155.1
7.1 −17.9 −0.7 9.4 13.7 25.0 24.4 26.0 26.0 39.2
15.9 59.6 32.4 26.8 45.2 74.6 70.9 77.7 74.2 115.6
Growth +274.8% −45.7% −17.3% +68.8% +64.9% −4.9% +9.6% −4.5% +55.9%
Per share
n/a n/a n/a 0.45 0.77 1.27 1.21 1.33 1.27 2.00
n/a n/a n/a 0.45 0.77 1.27 1.21 1.33 1.27 1.99
Growth +71.1% +64.9% −4.7% +9.9% −4.5% +56.7%
n/a n/a n/a 60.0 59.0 58.9 58.7 58.3 58.3 57.9
n/a n/a n/a 60.0 59.0 58.9 58.7 58.3 58.3 58.0
Growth −1.6% −0.2% −0.3% −0.7% +0.0% −0.7%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 26.2% a year over five years, and earnings per share grew 20.9% a year.
  • The diluted share count fell 1.8% in five years, so buybacks did some of the work per share.
  • Operating margin is flat at 28.5%.
  • Profitable in every one of the 10 years on file.