ST JOE Co

JOE · XNYS

CIK 745308fmd_1Q8CN5H94ZQSYNXR1HR80HH4NVFinance, Insurance and Real Estate · Land Subdividers & Developers (No Cemeteries)Template: Real estate

Coverage: Jan 01, 2008 to Sep 30, 2026, 71 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	97	100	110	127	161	267	252	389	403	513
Rental revenue	12	13	14	16	19	27	39	51	60	64
Property operating expenses	4	5	5	5	–	–	–	–	–	–
Cost of revenue	62	67	51	64	–	–	–	–	–	–
Realized investment gains (losses)	1	11	(1)	0	–	–	–	–	–	–
Gross profit	35	33	59	63	–	–	106	153	167	221
Depreciation and amortization	9	9	9	10	13	18	23	39	46	47
Gain on sale of real estate	–	–	–	–	–	–	–	(1)	(1)	2
Total operating expenses	94	96	–	–	–	–	–	–	–	–
Impairment of real estate	0	1	0	0	0	0	0	0	0	0
Funds from operations (NAREIT definition, derived)	25	69	41	37	58	93	94	117	121	161
Operating income	3	4	29	31	47	94	61	91	96	146
Interest expense	12	12	12	12	14	16	18	31	34	30
Interest and investment income	7	16	–	–	–	–	–	–	–	–
Other non-operating income (expense)	20	38	1	5	12	4	33	9	3	9
Income before taxes	23	41	31	36	59	99	95	100	98	155
Income tax expense	7	(18)	(1)	9	14	25	24	26	26	39
Net income from continuing operations	15	59	32	27	45	74	70	74	72	116
Net income	16	60	32	27	45	75	71	78	74	116
Net income to common shareholders	–	–	–	–	45	75	71	78	74	116