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Companies / Real Estate / ST JOE Co
JOE

ST JOE Co

Real EstateReal Estate
Ticker JOEPANAMA CITY BEACH, FLFiscal year ends DecemberBook value per share $13.33Diluted shares 57.3M

The St. Joe Company (NYSE: JOE) is a diversified real estate development, asset management and operating company focused on Northwest Florida. It develops and sells residential homesites, primarily to homebuilders, and participates in home construction through a joint venture; its hospitality business includes hotels,… From the company’s description.

In fiscal 2025, ST JOE Co reported revenue of $513.25M, up 27.4% from fiscal 2024, and net income of $115.88M. Its operating margin was 28.5%, and operations generated $190.70M in cash. Over the twelve months to Jun 30, 2026, revenue was $547.84M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$513.25MFY2025
+27.4% year over year
Last 12 mo $547.84M
28.49%FY2025
+4.8 percentage points
Last 12 mo 30.18%
$115.88MFY2025
+60.1% year over year
Last 12 mo $123.71M
15.09%FY2025
+4.8 percentage points
Last 12 mo 16.10%
Cash & financing
$190.70MFY2025
+76.6% year over year
Last 12 mo $216.80M
$166.88MFY2025
+187.4% year over year
Last 12 mo $179.49M
0.74FY2025
Was 0.85× a year earlier
Last 12 mo 0.72
58.0MFY2025
−0.7% year over year
Last 12 mo 57.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What ST JOE Co does

In the company’s own words

The St. Joe Company (NYSE: JOE) is a diversified real estate development, asset management and operating company focused on Northwest Florida. It develops and sells residential homesites, primarily to homebuilders, and participates in home construction through a joint venture; its hospitality business includes hotels, the Watersound Club, vacation rentals, golf, food and beverage, marinas and other recreation; and its commercial business develops, owns and leases properties, sells land, manages timber operations and provides brokerage, title insurance and insurance services. Its three reportable segments are residential, hospitality and commercial. The commercial portfolio includes multifamily, senior living, self-storage, medical, office, retail and industrial properties, while timber activities include growing and selling pulpwood and sawtimber. The company also has joint venture investments in businesses including hotels, senior living and multifamily management. At December 31, 2025, St. Joe owned 165,000 acres of land, with approximately 87% in Bay, Gulf and Walton counties. The company was incorporated in Florida in 1936. Its website is www.joe.com.

Company details
Sector
Real Estate
Industry (SIC)
Real Estate
Headquarters
PANAMA CITY BEACH, FL
Fiscal year end
December
CIK
745308
SIC
6552

Financial performance, year by year

Fiscal 2013–2025 · USD
$-72.36M$138.80M$349.95M$561.10M$772.26M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns ST JOE Co — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

260
funds hold it
1 of 35
superinvestors hold it
$2.15B
held by funds, at market
59.6%
of shares held by funds

Superinvestors in ST JOE Co · what they did last quarter

Bruce BerkowitzDECREASED -5.4%
Fairholme Capital Management
76.4%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · ST JOE Co’s weight in each

The Fairholme Fund
FAIRX · Fairholme Funds Inc
76.83%of fund net assets
iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.13%of fund net assets
VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.08%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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