The St. Joe Company (JOE) Financial Ratios
30 years of historical data (1996–2025) · Real Estate · Real Estate - Diversified
EV/EBITDA
↓
20.64
↓-24% vs avg
5yr avg: 27.27
30Y Low3.6·High67.2
P/FCF
↓
20.01
↓-37% vs avg
5yr avg: 31.74
30Y Low5.2·High141.8
P/B Ratio
↓
4.83
+13% vs avg
5yr avg: 4.28
30Y Low1.3·High10.1
ROE
↑
15.3%
↓+26% vs avg
5yr avg: 12.1%
30Y Low-47%·High52%
Debt/EBITDA
↓
2.03
↓-54% vs avg
5yr avg: 4.41
30Y Low0.4·High11.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
JOE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
The St. Joe Company trades at 32.5x earnings, 11% below its 5-year average of 36.6x, sitting at the 39th percentile of its historical range. Compared to the Real Estate sector median P/E of 24.2x, the stock trades at a premium of 34%. On a free-cash-flow basis, the stock trades at 20.0x P/FCF, 37% below the 5-year average of 31.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.7B | $3.4B | $2.6B | $3.5B | $2.3B | $3.1B | $2.5B | $1.2B | $826M | $1.3B | $1.4B |
| Enterprise Value | $4.0B | $3.7B | $3.2B | $4.1B | $2.8B | $3.4B | $2.7B | $1.3B | $877M | $1.3B | $1.4B |
| P/E Ratio → | 32.52 | 29.68 | 35.38 | 45.25 | 31.94 | 40.98 | 55.13 | 44.07 | 25.33 | 21.49 | 90.48 |
| P/S Ratio | 7.28 | 6.67 | 6.51 | 9.02 | 9.00 | 11.48 | 15.60 | 9.36 | 7.49 | 12.89 | 14.78 |
| P/B Ratio | 4.83 | 4.41 | 3.56 | 5.03 | 3.49 | 4.90 | 4.41 | 2.25 | 1.51 | 2.10 | 2.01 |
| P/FCF | 20.01 | 18.34 | 45.15 | — | — | — | — | — | 51.49 | 52.27 | 141.82 |
| P/OCF | 19.58 | 17.95 | 24.28 | 33.80 | 47.07 | 27.41 | 67.10 | 39.14 | 19.94 | 22.83 | 109.89 |
P/E links to full P/E history page with 30-year chart
JOE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
The St. Joe Company's enterprise value stands at 20.6x EBITDA, 24% below its 5-year average of 27.3x. The Real Estate sector median is 16.8x, placing the stock at a 23% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 7.18 | 7.97 | 10.42 | 11.10 | 12.74 | 17.04 | 10.03 | 7.95 | 13.29 | 14.68 |
| EV / EBITDA | 20.64 | 19.03 | 22.60 | 31.32 | 33.21 | 30.19 | 45.69 | 30.63 | 7.74 | 13.30 | 14.68 |
| EV / EBIT | 27.34 | 15.88 | 33.56 | 31.04 | 45.57 | 29.68 | 37.28 | 26.28 | 20.54 | 24.55 | 40.25 |
| EV / FCF | — | 19.75 | 55.26 | — | — | — | — | — | 54.67 | 53.91 | 140.84 |
JOE Profitability
Margins and return-on-capital ratios measuring operating efficiency
The St. Joe Company earns an operating margin of 28.5%, above the Real Estate sector average of 24.7%. Operating margins have expanded from 23.3% to 28.5% over the past 3 years, signaling improving operational efficiency. ROE of 15.3% indicates solid capital efficiency. ROIC of 9.3% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 93.0% | 93.0% | 41.5% | 39.4% | 42.2% | 50.8% | 51.6% | 49.6% | 53.5% | 32.8% | 35.9% |
| Operating Margin | 28.5% | 28.5% | 23.7% | 23.3% | 24.4% | 35.4% | 29.3% | 24.6% | 26.7% | 2.3% | 2.0% |
| Net Profit Margin | 22.5% | 22.5% | 18.4% | 20.0% | 28.1% | 27.9% | 28.2% | 21.1% | 29.4% | 60.2% | 16.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.3% | 15.3% | 10.3% | 11.5% | 11.1% | 12.5% | 8.2% | 5.0% | 5.6% | 9.1% | 2.3% |
| ROA | 7.6% | 7.6% | 4.8% | 5.3% | 5.4% | 6.6% | 4.6% | 3.0% | 3.6% | 6.1% | 1.6% |
| ROIC | 9.3% | 9.3% | 5.6% | 5.6% | 4.3% | 8.0% | 5.0% | 3.9% | 3.5% | 0.3% | 0.2% |
| ROCE | 9.8% | 9.8% | 6.6% | 6.7% | 5.1% | 8.9% | 5.0% | 3.6% | 3.3% | 0.2% | 0.2% |
JOE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The St. Joe Company carries a Debt/EBITDA ratio of 2.0x, which is manageable (74% below the sector average of 7.7x). Net debt stands at $264M ($394M total debt minus $130M cash). Interest coverage of 3.0x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.51 | 0.51 | 0.92 | 0.91 | 0.87 | 0.65 | 0.59 | 0.51 | 0.45 | 0.38 | 0.33 |
| Debt / EBITDA | 2.03 | 2.03 | 4.76 | 4.89 | 6.75 | 3.61 | 5.63 | 6.50 | 2.17 | 2.35 | 2.42 |
| Net Debt / Equity | — | 0.34 | 0.80 | 0.78 | 0.82 | 0.54 | 0.41 | 0.16 | 0.09 | 0.07 | -0.01 |
| Net Debt / EBITDA | 1.36 | 1.36 | 4.13 | 4.22 | 6.30 | 2.98 | 3.85 | 2.04 | 0.45 | 0.41 | -0.10 |
| Debt / FCF | — | 1.42 | 10.10 | — | — | — | — | — | 3.18 | 1.64 | -0.98 |
| Interest Coverage | 3.01 | 3.01 | 2.85 | 4.27 | 3.34 | 7.23 | 5.41 | 3.94 | 3.62 | 4.39 | 2.84 |
JOE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The St. Joe Company's current ratio of 10.64x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 1.49x to 10.64x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 10.64 | 10.64 | 1.50 | 1.49 | 1.04 | 2.23 | 5.47 | 9.04 | 13.13 | 19.50 | 34.16 |
| Quick Ratio | 10.37 | 10.37 | 1.43 | 1.45 | 1.00 | 2.20 | 5.42 | 8.99 | 14.99 | -1.88 | 8.37 |
| Cash Ratio | 10.64 | 10.64 | 1.50 | 0.80 | 0.66 | 1.72 | 4.03 | 7.29 | 13.13 | 12.35 | 19.76 |
| Asset Turnover | — | 0.34 | 0.26 | 0.26 | 0.18 | 0.22 | 0.15 | 0.14 | 0.13 | 0.11 | 0.09 |
| Inventory Turnover | 10.81 | 10.81 | 58.35 | 55.52 | 36.87 | 46.95 | 38.39 | 46.30 | — | 0.20 | 0.19 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
JOE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
The St. Joe Company returns 2.0% to shareholders annually — split between a 0.9% dividend yield and 1.1% buyback yield. The payout ratio of 29.1% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 3.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.9% | 1.0% | 1.2% | 0.7% | 1.0% | 0.6% | 0.2% | — | — | — | — |
| Payout Ratio | 29.1% | 29.1% | 40.9% | 33.0% | 33.1% | 25.3% | 9.1% | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.1% | 3.4% | 2.8% | 2.2% | 3.1% | 2.4% | 1.8% | 2.3% | 3.9% | 4.7% | 1.1% |
| FCF Yield | 5.0% | 5.5% | 2.2% | — | — | — | — | — | 1.9% | 1.9% | 0.7% |
| Buyback Yield | 1.1% | 1.2% | 0.1% | 0.0% | 0.9% | 0.0% | 0.4% | 1.8% | 11.3% | 11.6% | 1.0% |
| Total Shareholder Yield | 2.0% | 2.2% | 1.3% | 0.7% | 1.9% | 0.6% | 0.5% | 1.8% | 11.3% | 11.6% | 1.0% |
| Shares Outstanding | — | $58M | $58M | $58M | $59M | $59M | $59M | $60M | $63M | $71M | $74M |
Peer Comparison
Compare JOE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 JOEYou | $4B | 32.5 | 20.6 | 20.0 | 93.0% | 28.5% | 15.3% | 9.3% | 2.0 |
 FCPT | $3B | 23.4 | 17.8 | 14.5 | 95.4% | 55.7% | 7.3% | 4.5% | 5.4 |
 PINE | $281M | -89.3 | 14.6 | — | -10.9% | 30.5% | -0.9% | 2.2% | 8.6 |
 JBGS | $912M | -7.4 | 18.4 | — | -14.5% | -1.3% | -7.1% | -0.1% | 13.9 |
 FOR | $1B | 8.3 | 8.6 | — | 21.9% | 12.6% | 10.0% | 7.8% | 3.8 |
 STRW | $170M | 22.7 | 8.3 | 4.8 | 87.0% | 52.4% | 6.3% | 7.2% | 7.0 |
 IRT | $4B | 68.2 | 16.7 | 26.3 | -14.9% | 18.4% | 1.6% | 1.6% | 6.3 |
 UDR | $12B | 32.7 | 18.1 | 19.6 | 25.6% | 18.8% | 8.8% | 2.3% | 6.2 |
 EXR | $30B | 31.2 | 20.5 | 16.5 | 28.4% | 44.1% | 6.7% | 3.9% | 6.8 |
 CLPR | $50M | -6.6 | 0.6 | 2.2 | 80.2% | 2.7% | — | 0.6% | — |
 NXRT | $756M | -23.7 | 18.6 | 9.0 | 84.3% | 11.1% | -8.9% | 1.1% | 12.6 |
| Real Estate Median | — | 24.2 | 16.8 | 15.6 | 50.1% | 24.7% | 3.5% | 2.7% | 7.7 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonJOE — Frequently Asked Questions
Quick answers to the most common questions about buying JOE stock.
What is The St. Joe Company's P/E ratio?
The St. Joe Company's current P/E ratio is 32.5x. The historical average is 41.4x. This places it at the 39th percentile of its historical range.
What is The St. Joe Company's EV/EBITDA?
The St. Joe Company's current EV/EBITDA is 20.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 24.2x.
What is The St. Joe Company's ROE?
The St. Joe Company's return on equity (ROE) is 15.3%. The historical average is 8.0%.
Is JOE stock overvalued?
Based on historical data, The St. Joe Company is trading at a P/E of 32.5x. This is at the 39th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is The St. Joe Company's dividend yield?
The St. Joe Company's current dividend yield is 0.90% with a payout ratio of 29.1%.
What are The St. Joe Company's profit margins?
The St. Joe Company has 93.0% gross margin and 28.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does The St. Joe Company have?
The St. Joe Company's Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.