The St. Joe Company (JOE)

The St. Joe Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	385.14	389.29	252.32	267	160.56	127.09
Revenue Growth (YoY)	5.76%	54.28%	-5.50%	66.30%	26.34%	15.24%
Cost of Revenue	227.13	235.98	145.9	131.31	79.78	65.39
Gross Profit	158.01	153.31	106.42	135.68	80.78	61.7
Selling, General & Admin	25.32	23.8	22.07	23.02	22.91	21.39
Operating Expenses	70.85	62.57	44.96	41.23	35.69	31.68
Operating Income	87.16	90.73	61.47	94.46	45.09	30.02
Interest Expense	-34.25	-30.62	-18.38	-15.85	-13.56	-12.3
Interest & Investment Income	13.82	13.28	9.86	7.25	4.98	10.71
Earnings From Equity Investments	23.84	22.7	25.99	-0.87	-0.67	-0.08
Other Non Operating Income (Expenses)	-0.3	0.65	1.49	3.85	0.37	0.2
EBT Excluding Unusual Items	90.27	96.75	80.42	88.84	36.21	28.56
Gain (Loss) on Sale of Investments	-0.4	2.59	1.67	1.53	1.39	1.33
Gain (Loss) on Sale of Assets	-0.5	0.72	2.74	3.56	19.98	2.32
Other Unusual Items	0.6	-	-0.05	-0.06	-1.12	-2.7
Pretax Income	89.97	100.06	94.62	98.73	59.15	36.11
Income Tax Expense	23.66	26.01	24.39	24.98	13.67	9.45
Earnings From Continuing Operations	66.31	74.05	70.23	73.75	45.48	26.66
Minority Interest in Earnings	2.14	3.66	0.7	0.8	-0.28	0.11
Net Income	68.45	77.71	70.93	74.55	45.2	26.78
Net Income to Common	68.45	77.71	70.93	74.55	45.2	26.78
Net Income Growth	-26.12%	9.57%	-4.86%	64.93%	68.83%	-17.28%
Shares Outstanding (Basic)	58	58	59	59	59	60
Shares Outstanding (Diluted)	58	58	59	59	59	60
Shares Change (YoY)	0.05%	-0.68%	-0.27%	-0.22%	-1.64%	-4.35%
EPS (Basic)	1.17	1.33	1.21	1.27	0.77	0.45
EPS (Diluted)	1.17	1.33	1.21	1.27	0.77	0.45
EPS Growth	-26.37%	10.11%	-4.60%	65.29%	71.64%	-13.52%
Free Cash Flow	82.48	97.67	40.87	107.5	31.64	21.04
Free Cash Flow Per Share	1.41	1.67	0.70	1.83	0.54	0.35
Dividend Per Share	0.500	0.440	0.400	0.320	0.070	-
Dividend Growth	19.05%	10.00%	25.00%	357.14%	-	-
Gross Margin	41.03%	39.38%	42.18%	50.82%	50.31%	48.55%
Operating Margin	22.63%	23.31%	24.36%	35.38%	28.08%	23.62%
Profit Margin	17.77%	19.96%	28.11%	27.92%	28.15%	21.07%
Free Cash Flow Margin	21.42%	25.09%	16.20%	40.26%	19.71%	16.56%
EBITDA	132.69	129.51	84.36	112.66	57.87	40.31
EBITDA Margin	34.45%	33.27%	33.43%	42.20%	36.05%	31.72%
D&A For EBITDA	45.53	38.78	22.89	18.2	12.79	10.29
EBIT	87.16	90.73	61.47	94.46	45.09	30.02
EBIT Margin	22.63%	23.31%	24.36%	35.38%	28.08%	23.62%
Effective Tax Rate	26.30%	25.99%	25.78%	25.30%	23.11%	26.16%
Revenue as Reported	385.14	389.29	252.32	267	160.56	127.09

Source: S&P Capital IQ. Standard template. Financial Sources.