ST JOE Co income statement
In fiscal 2025, ST JOE Co reported revenue of $513m, up 27.4% on the year before, operating income of $146m (a 28.5% margin) and net income of $116m, or $1.99 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 138 | 100 | 145 | 139 | 131 | 702 | 104 | 97 | 100 | 110 | 127 | 161 | 267 | 252 | 389 | 403 | 513 | 543 |
| Cost of revenue | — | — | — | — | — | — | 67 | 62 | 67 | 51 | 64 | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | 37 | 35 | 33 | 59 | 63 | — | — | 106 | 153 | 167 | 221 | 251 |
| Operating income | −209 | −52 | −387 | 2 | 1 | 513 | −6 | 3 | 4 | 29 | 31 | 47 | 94 | 61 | 91 | 96 | 146 | 174 |
| Interest expense | 1 | 9 | 4 | 3 | 2 | 9 | 11 | 12 | 12 | 12 | 12 | 14 | 16 | 18 | 31 | 34 | 30 | 28 |
| Income before tax | −205 | −55 | −386 | 6 | 4 | 522 | −1 | 23 | 41 | 31 | 36 | 59 | 99 | 95 | 100 | 98 | 155 | 162 |
| Income tax | −81 | −24 | −56 | 0 | −0 | 116 | 1 | 7 | −18 | −1 | 9 | 14 | 25 | 24 | 26 | 26 | 39 | 41 |
| Net income | −130 | −36 | −330 | 6 | 5 | 406 | −2 | 16 | 60 | 32 | 27 | 45 | 75 | 71 | 78 | 74 | 116 | 121 |
| Diluted EPS | −$1.42 | −$0.39 | −$3.58 | $0.07 | $0.05 | $4.40 | −$0.02 | $0.21 | $0.84 | $0.52 | $0.45 | $0.77 | $1.27 | $1.21 | $1.33 | $1.27 | $1.99 | $2.12 |
| Diluted shares (average) | 91m | 92m | 92m | 92m | 92m | 92m | 88m | 74m | 71m | 63m | 60m | 59m | 59m | 59m | 58m | 58m | 58m | 57m |
| EBITDA | −193 | −38 | −371 | 12 | 10 | 522 | 3 | 12 | 12 | 38 | 42 | 60 | 113 | 84 | 130 | 142 | 194 | 220 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 104 | 94 | 129 | 161 | 129 | 99 | 159 | 156 |
| Gross profit | 44 | 36 | 55 | 71 | 58 | 38 | 73 | 81 |
| Operating income | 26 | 17 | 37 | 53 | 39 | 18 | 55 | 62 |
| Interest expense | 8 | 8 | 8 | 8 | 7 | 7 | 7 | 7 |
| Income before tax | 25 | 22 | 40 | 54 | 39 | 18 | 55 | 50 |
| Income tax | 7 | 6 | 10 | 14 | 10 | 5 | 14 | 13 |
| Net income | 19 | 17 | 30 | 39 | 30 | 14 | 40 | 37 |
| Diluted EPS | $0.32 | $0.30 | $0.51 | $0.67 | $0.51 | $0.24 | $0.71 | $0.65 |
| EBITDA | 38 | 29 | 49 | 65 | 51 | 30 | 66 | 73 |
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