$JOE
ST JOE CO
CIK:0000745308|SEC Filings
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Revenue: | ||||||
| Leasing revenue | $ 15,017 | $ 16,508 | $ 29,676 | $ 32,750 | ||
| Total revenue | 158,829 | 129,082 | 257,873 | 223,279 | ||
| Expenses: | ||||||
| Cost of revenue | 85,407 | 73,694 | 146,510 | 132,287 | ||
| Corporate and other operating expenses | [1] | 7,261 | 6,442 | 15,635 | 13,022 | |
| Depreciation, depletion and amortization | 11,387 | 11,986 | 22,777 | 24,117 | ||
| Total expenses | 104,055 | 92,122 | 184,922 | 169,426 | ||
| Operating income | 54,774 | 36,960 | 72,951 | 53,853 | ||
| Other income (expense): | ||||||
| Investment income, net | 3,262 | 3,202 | 6,532 | 6,630 | ||
| Interest expense | (6,880) | (7,760) | (13,974) | (15,535) | ||
| Equity in income from unconsolidated joint ventures | 4,474 | 7,547 | 7,999 | 17,705 | ||
| Other expense, net | (532) | (226) | (613) | (454) | ||
| Total other income (expense), net | 324 | 2,763 | (56) | 8,346 | ||
| Income before income taxes | 55,098 | 39,723 | 72,895 | 62,199 | ||
| Income tax expense | (14,117) | (9,949) | (18,627) | (15,757) | ||
| Net income | 40,981 | 29,774 | 54,268 | 46,442 | ||
| Net (income) loss attributable to non-controlling interest | (508) | (250) | 139 | 543 | ||
| Net income attributable to the Company | $ 40,473 | $ 29,524 | $ 54,407 | $ 46,985 | ||
| NET INCOME PER SHARE ATTRIBUTABLE TO THE COMPANY | ||||||
| Basic (in dollars per share) | $ 0.71 | $ 0.51 | $ 0.95 | $ 0.81 | ||
| Diluted (in dollars per share) | $ 0.71 | $ 0.51 | $ 0.95 | $ 0.81 | ||
| WEIGHTED AVERAGE SHARES OUTSTANDING | ||||||
| Basic (in shares) | 57,157,550 | 58,057,268 | 57,320,392 | 58,150,138 | ||
| Diluted (in shares) | 57,173,162 | 58,062,291 | 57,339,624 | 58,159,589 | ||
| Real Estate | ||||||
| Revenue: | ||||||
| Revenue | $ 69,583 | $ 43,828 | $ 109,282 | $ 82,147 | ||
| Expenses: | ||||||
| Cost of revenue | [1] | 35,657 | 23,804 | 57,212 | 42,643 | |
| Hospitality | ||||||
| Revenue: | ||||||
| Revenue | 74,229 | 68,746 | 118,915 | 108,382 | ||
| Expenses: | ||||||
| Cost of revenue | [1] | 43,738 | 42,251 | 77,569 | 74,655 | |
| Leasing | ||||||
| Expenses: | ||||||
| Cost of revenue | [1] | $ 6,012 | $ 7,639 | $ 11,729 | $ 14,989 | |
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