St. Joe Company (The) (JOE) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
130 RICHARD JACKSON BLVD PANAMA CITY BEACH, FL 32407 |
| State of Incorp. | FL |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6552 - Land Subdividers and Developers, Except Cemeteries (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 86,068 | 37,747 | 70,162 | 109,417 | 195,462 | 231,287 | |||
| Cash and cash equivalents | 86,068 | 37,747 | 70,162 | 106,794 | 185,716 | 195,155 | |||
| Short-term investments | 2,623 | 9,746 | 36,132 | ||||||
| Receivables | 300 | ||||||||
| Inventory, net of allowances, customer advances and progress billings | 4,250 | 3,976 | 2,797 | 2,026 | |||||
| Inventory | 4,250 | 3,976 | 2,797 | 2,026 | |||||
| Prepaid expense | 4,400 | ||||||||
| Total current assets: | 94,718 | 41,723 | 72,959 | 111,443 | 195,762 | 231,287 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 858 | 678 | 732 | 808 | 691 | ✕ | |||
| Property, plant and equipment | 66,049 | 39,638 | 31,145 | 20,846 | 19,018 | 12,031 | |||
| Total noncurrent assets: | 66,907 | 40,316 | 31,877 | 21,654 | 19,709 | 12,031 | |||
| Other undisclosed assets | 1,361,905 | 1,348,800 | 1,103,315 | 904,227 | 693,762 | 627,644 | |||
| TOTAL ASSETS: | 1,523,530 | 1,430,839 | 1,208,151 | 1,037,324 | 909,233 | 870,962 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 71,829 | 82,706 | 77,259 | 60,915 | 52,808 | ||||
| Deferred income tax liabilities | 71,829 | 82,706 | 77,259 | 60,915 | 52,808 | ✕ | |||
| Total noncurrent liabilities: | 71,829 | 82,706 | 77,259 | 60,915 | 52,808 | ||||
| Other undisclosed liabilities | 753,211 | 697,024 | 504,792 | 408,239 | 326,755 | 337,851 | |||
| Total liabilities: | 825,040 | 779,730 | 582,051 | 469,154 | 379,563 | 337,851 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 683,062 | 630,802 | 607,409 | 550,617 | 519,521 | 518,171 | |||
| Accumulated other comprehensive income (loss) | 1,843 | 2,430 | (389) | (1,472) | (335) | (674) | |||
| Retained earnings | 410,371 | 358,344 | 310,925 | 255,216 | 214,225 | 187,450 | |||
| Other undisclosed equity, attributable to parent | 270,848 | 270,028 | 296,873 | 296,873 | 305,631 | 331,395 | |||
| Equity, attributable to noncontrolling interest | 15,428 | 20,307 | 18,691 | 17,553 | 10,149 | 14,940 | |||
| Total equity: | 698,490 | 651,109 | 626,100 | 568,170 | 529,670 | 533,111 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,523,530 | 1,430,839 | 1,208,151 | 1,037,324 | 909,233 | 870,962 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 389,285 | 252,321 | 266,996 | 160,555 | 127,085 | 110,276 | ||
| Operating lease, lease income | 50,836 | 39,196 | 27,081 | 18,819 | 15,581 | ✕ | ||
| Cost of revenue | (269,970) | (161,654) | (142,285) | (82,706) | (64,086) | (51,317) | ||
| Cost of goods and services sold | (235,979) | (145,898) | (131,314) | (77,776) | ||||
| Gross profit: | 119,315 | 90,667 | 124,711 | 77,849 | 62,999 | 58,959 | ||
| Operating expenses | (28,582) | (29,200) | (30,254) | (30,764) | (21,389) | (20,557) | ||
| Other undisclosed operating loss | (10,287) | (8,998) | ||||||
| Operating income: | 90,733 | 61,467 | 94,457 | 47,085 | 31,323 | 29,404 | ||
| Nonoperating income | 9,328 | 33,150 | 5,139 | 12,731 | 4,862 | 1,462 | ||
| Investment income, nonoperating | 13,282 | 9,862 | 7,254 | 4,983 | 10,714 | 12,150 | ||
| Other nonoperating income (expense) | 3,245 | 12,947 | 10,181 | 1,329 | 6,450 | 1,152 | ||
| Interest and debt expense | (133) | (130) | (15,854) | (13,564) | (12,302) | (11,840) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 15,854 | 13,564 | 12,302 | |||||
| Income from continuing operations before equity method investments, income taxes: | 99,928 | 94,487 | 99,596 | 59,816 | 36,185 | 19,026 | ||
| Income (loss) from equity method investments | (865) | (666) | (77) | |||||
| Other undisclosed income from continuing operations before income taxes | 133 | 130 | 11,840 | |||||
| Income from continuing operations before income taxes: | 100,061 | 94,617 | 98,731 | 59,150 | 36,108 | 30,866 | ||
| Income tax expense (benefit) | (26,009) | (24,389) | (24,982) | (13,670) | (9,447) | 736 | ||
| Income from continuing operations: | 74,052 | 70,228 | 73,749 | 45,480 | 26,661 | 31,602 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 73,749 | 45,480 | 26,661 | 31,602 | |
| Net income: | 74,052 | 70,228 | 73,749 | 45,480 | 26,661 | 31,602 | ||
| Net income (loss) attributable to noncontrolling interest | 3,660 | 699 | 804 | (277) | 114 | 767 | ||
| Net income available to common stockholders, diluted: | 77,712 | 70,927 | 74,553 | 45,203 | 26,775 | 32,369 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 74,052 | 70,228 | 73,749 | 45,480 | 26,661 | 31,602 | ||
| Other comprehensive income (loss) | (994) | 4,202 | 1,083 | (1,137) | 339 | 787 | ||
| Comprehensive income: | 73,058 | 74,430 | 74,832 | 44,343 | 27,000 | 32,389 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 4,067 | (684) | 804 | (277) | 114 | 767 | ||
| Comprehensive income, net of tax, attributable to parent: | 77,125 | 73,746 | 75,636 | 44,066 | 27,114 | 33,156 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.