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MARKETS / NYSE / JOE
NYSE · LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) · LARGE CAP

ST JOE Co. JOE

18 fiscal years on record · USD · FY2025 reported · SEC filings only
5 YEARS OF DIVIDEND GROWTH
$513.2M
▲ 27.4% YoY
$115.6M
▲ 55.9% YoY
$186.6M
▲ 86.2% YoY
In brief

What this company does

The St. Joe Company is a diversified real estate development, asset management and operating company. As of December 31, 2025, the Company owned 165,000 acres of land in Northwest Florida. As of February 23, 2026, the Company employed 906 full-time employees and 225 part-time and seasonal employees. St. Joe's operations are reported in three segments: residential, hospitality and commercial. In the residential segment, the Company primarily develops and sells homesites across multiple communities, primarily to homebuilders and, on a limited basis, to retail customers. Its hospitality operations include the Watersound Club, which offers members access to golf courses, a beach club and other recreational amenities, together with a portfolio of hotels operated across multiple brands, food and beverage operations, retail outlets, gulf-front vacation rentals, marinas and other entertainment offerings. In the commercial segment, the Company owns, or jointly owns, develops and leases property for multi-family, senior living, self-storage, mixed-use, medical, office, retail, industrial and various other uses, sells developed and undeveloped land, and manages its timber holdings, which include growing and selling pulpwood, sawtimber and other products. St. Joe was incorporated in the State of Florida in 1936.

Written from the business description in ST JOE Co's annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.

Growth
USD 513.2M
Revenue, FY2025 · full 18-year series below
Revenue $M Net income $M
FY2025 · Revenue 513.2 · Net income 115.6
250.0M500.0M-200.0M2008201120142017202020232025
Compound annual growth
+26.7%
+26.2%
+17.3%
+11.6%
+17.7%
+20.7%
+18.0%
+20.9%
+13.2%
+52.6%
+19.3%
+41.7%
−13.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +26.2% a year over five years — but profit grew slower: net income at +20.7%, earnings per share at +20.9%.

The share count fell from 0.06B to 0.06B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
23 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 28.5% · Net 22.6%
20%40%60%-100%-200%2008201120142017202020232025
ROE
FY2025 · ROE 15.5%
20%40%-20%-40%2008201120142017202020232025

Each USD of equity produced 16 cents of profit this year.

Cash & shareholders
USD 73.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 186.6
200M2008201120142017202020232025
Net buybacks $M Dividends $M
FY2025 · Dividends 33.6 · Net buybacks 40.3
200MDividendsNet buybacks2013201520172019202120232025

USD 33.6M in dividends and USD 40.3M in buybacks — 64% of the year's profit went back to shareholders.

Total assetsUSD 1.5B
EquityUSD 766.3M
CashUSD 129.6M
Gross debtUSD 391.2M
Net debtUSD 261.5M

Net debt stands at 34% of equity.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD

The share count changed between 2011 and 2019, but the exact year can't be marked here — the underlying count wasn't on file for every year in that stretch.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B0.50.40.40.30.30.20.10.10.10.10.10.70.10.10.10.10.10.3
Operating income $B0.10.10.10.10.10.00.00.00.00.0−0.00.50.00.0−0.4−0.1−0.2−0.0
EBITDA $B0.20.10.10.10.10.10.00.00.00.00.00.50.00.0−0.4−0.0−0.2−0.0
Income tax $B0.00.00.00.00.00.00.0−0.0−0.00.00.00.1−0.00.0−0.1−0.0−0.1−0.0
Net income $B0.10.10.10.10.10.00.00.00.10.0−0.00.40.00.0−0.3−0.0−0.1−0.0
Free cash flow $B0.20.10.10.00.10.00.00.00.10.00.00.30.00.0−0.00.00.00.0
EPS, diluted $1.991.271.331.211.270.770.450.520.840.21−0.024.400.050.07−3.58−0.39−1.42−0.40
Dividend / sh $0.580.520.440.400.320.070.000.00··········
Payout %294133332590···········
ROE %15.510.511.811.512.98.45.25.99.62.4−0.253.10.91.1−46.7−4.1−14.5·
Shares out B0.060.060.060.060.060.060.060.060.070.070.080.090.090.09····

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 56 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 6 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityLand Subdividers & Developers (No Cemeteries)
Listed onNYSE
Incorporated inFlorida
Fiscal year endsDecember 31
Data on record since2008

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