St Joe Company (JOE) - Net Assets
Based on the latest financial reports, St Joe Company (JOE) has net assets worth $770.87 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.53 Billion) and total liabilities ($763.04 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check St Joe Company liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $770.87 Million |
| % of Total Assets | 50.26% |
| Annual Growth Rate | 0.12% |
| 5-Year Change | 29.67% |
| 10-Year Change | 9.41% |
| Growth Volatility | 26.03 |
St Joe Company - Net Assets Trend (1988–2024)
This chart illustrates how St Joe Company's net assets have evolved over time, based on quarterly financial data. Also explore St Joe Company asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for St Joe Company (1988–2024)
The table below shows the annual net assets of St Joe Company from 1988 to 2024. For live valuation and market cap data, see market value of St Joe Company.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $736.74 Million | +5.48% |
| 2023-12-31 | $698.49 Million | +7.28% |
| 2022-12-31 | $651.11 Million | +3.99% |
| 2021-12-31 | $626.10 Million | +10.20% |
| 2020-12-31 | $568.17 Million | +7.27% |
| 2019-12-31 | $529.67 Million | -0.64% |
| 2018-12-31 | $533.10 Million | -10.04% |
| 2017-12-31 | $592.60 Million | -13.72% |
| 2016-12-31 | $686.80 Million | +1.99% |
| 2015-12-31 | $673.40 Million | -31.26% |
| 2014-12-31 | $979.70 Million | +73.86% |
| 2013-12-31 | $563.50 Million | +2.03% |
| 2012-12-31 | $552.30 Million | +1.55% |
| 2011-12-31 | $543.89 Million | -37.66% |
| 2010-12-31 | $872.40 Million | -2.56% |
| 2009-12-31 | $895.28 Million | -9.69% |
| 2008-12-31 | $991.40 Million | +103.73% |
| 2007-12-31 | $486.62 Million | +3.18% |
| 2006-12-31 | $471.61 Million | -7.01% |
| 2005-12-31 | $507.19 Million | +0.27% |
| 2004-12-31 | $505.80 Million | +2.08% |
| 2003-12-31 | $495.50 Million | +2.01% |
| 2002-12-31 | $485.74 Million | -6.97% |
| 2001-12-31 | $522.13 Million | -8.71% |
| 2000-12-31 | $571.95 Million | -55.24% |
| 1999-12-31 | $1.28 Billion | +6.52% |
| 1998-12-31 | $1.20 Billion | -0.47% |
| 1997-12-31 | $1.21 Billion | -18.34% |
| 1996-12-31 | $1.48 Billion | +15.06% |
| 1995-12-31 | $1.28 Billion | +7.93% |
| 1994-12-31 | $1.19 Billion | +4.04% |
| 1993-12-31 | $1.14 Billion | +7.41% |
| 1992-12-31 | $1.06 Billion | +1.80% |
| 1991-12-31 | $1.04 Billion | +2.06% |
| 1990-12-31 | $1.02 Billion | +4.93% |
| 1989-12-31 | $975.60 Million | +38.11% |
| 1988-12-31 | $706.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to St Joe Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 34.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $454.19 Million | 62.71% |
| Common Stock | $268.67 Million | 37.09% |
| Other Comprehensive Income | $1.42 Million | 0.20% |
| Total Equity | $724.28 Million | 100.00% |
St Joe Company Competitors by Market Cap
The table below lists competitors of St Joe Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VALLOUREC ADR 1/5/EO 2
F:VACE
|
$3.71 Billion |
|
Dana Inc
NYSE:DAN
|
$3.71 Billion |
|
Cosco Shipping Development Co Ltd
SHG:601866
|
$3.71 Billion |
|
Energix Renewable Energies Ltd
TA:ENRG
|
$3.71 Billion |
|
Independent Bank
NASDAQ:INDB
|
$3.70 Billion |
|
Zhuzhou Hongda Electronics Corp Ltd Class A
SHE:300726
|
$3.70 Billion |
|
Financière Amuse TopCo SAS
ST:ASMDEE-B
|
$3.70 Billion |
|
Vontobel Holding
SW:VONN
|
$3.70 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in St Joe Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 683,062,000 to 724,280,000, a change of 41,218,000 (6.0%).
- Net income of 74,189,000 contributed positively to equity growth.
- Dividend payments of 30,347,000 reduced retained earnings.
- Share repurchases of 3,364,000 reduced equity.
- Other comprehensive income decreased equity by 424,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $74.19 Million | +10.24% |
| Dividends Paid | $30.35 Million | -4.19% |
| Share Repurchases | $3.36 Million | -0.46% |
| Other Comprehensive Income | $-424.00K | -0.06% |
| Other Changes | $1.16 Million | +0.16% |
| Total Change | $- | 6.03% |
Book Value vs Market Value Analysis
This analysis compares St Joe Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.17x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 8.34x to 5.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | $7.69 | $64.15 | x |
| 1989-12-31 | $8.34 | $64.15 | x |
| 1990-12-31 | $8.75 | $64.15 | x |
| 1991-12-31 | $8.96 | $64.15 | x |
| 1992-12-31 | $9.09 | $64.15 | x |
| 1993-12-31 | $12.27 | $64.15 | x |
| 1994-12-31 | $10.05 | $64.15 | x |
| 1995-12-31 | $11.14 | $64.15 | x |
| 1996-12-31 | $13.06 | $64.15 | x |
| 1997-12-31 | $9.71 | $64.15 | x |
| 1998-12-31 | $9.51 | $64.15 | x |
| 1999-12-31 | $10.59 | $64.15 | x |
| 2000-12-31 | $6.52 | $64.15 | x |
| 2001-12-31 | $6.12 | $64.15 | x |
| 2002-12-31 | $5.89 | $64.15 | x |
| 2003-12-31 | $6.29 | $64.15 | x |
| 2004-12-31 | $6.44 | $64.15 | x |
| 2005-12-31 | $6.42 | $64.15 | x |
| 2006-12-31 | $6.20 | $64.15 | x |
| 2007-12-31 | $6.46 | $64.15 | x |
| 2008-12-31 | $11.04 | $64.15 | x |
| 2009-12-31 | $9.79 | $64.15 | x |
| 2010-12-31 | $9.52 | $64.15 | x |
| 2011-12-31 | $5.89 | $64.15 | x |
| 2012-12-31 | $5.99 | $64.15 | x |
| 2013-12-31 | $6.11 | $64.15 | x |
| 2014-12-31 | $10.61 | $64.15 | x |
| 2015-12-31 | $7.67 | $64.15 | x |
| 2016-12-31 | $9.22 | $64.15 | x |
| 2017-12-31 | $8.40 | $64.15 | x |
| 2018-12-31 | $8.50 | $64.15 | x |
| 2019-12-31 | $8.66 | $64.15 | x |
| 2020-12-31 | $9.33 | $64.15 | x |
| 2021-12-31 | $10.32 | $64.15 | x |
| 2022-12-31 | $10.74 | $64.15 | x |
| 2023-12-31 | $11.71 | $64.15 | x |
| 2024-12-31 | $12.41 | $64.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently St Joe Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.24%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.42%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 2.12x
- Recent ROE (10.24%) is above the historical average (7.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | 11.71% | 12.72% | 0.55x | 1.68x | $12.06 Million |
| 1989 | 8.76% | 10.58% | 0.50x | 1.67x | $-9.53 Million |
| 1990 | 5.15% | 6.77% | 0.45x | 1.67x | $-38.97 Million |
| 1991 | 3.35% | 4.74% | 0.42x | 1.67x | $-54.82 Million |
| 1992 | 1.87% | 2.64% | 0.43x | 1.67x | $-67.77 Million |
| 1993 | 3.61% | 5.51% | 0.40x | 1.65x | $-57.75 Million |
| 1994 | 4.49% | 6.14% | 0.44x | 1.66x | $-51.60 Million |
| 1995 | 7.27% | 22.07% | 0.22x | 1.51x | $-27.71 Million |
| 1996 | 14.70% | 40.82% | 0.24x | 1.51x | $56.31 Million |
| 1997 | 3.91% | 10.25% | 0.22x | 1.71x | $-55.18 Million |
| 1998 | 3.26% | 7.34% | 0.24x | 1.82x | $-59.53 Million |
| 1999 | 13.22% | 16.57% | 0.41x | 1.94x | $30.27 Million |
| 2000 | 17.63% | 11.39% | 0.79x | 1.96x | $43.41 Million |
| 2001 | 13.55% | 8.08% | 0.65x | 2.59x | $18.40 Million |
| 2002 | 36.32% | 26.98% | 0.55x | 2.44x | $126.35 Million |
| 2003 | 15.58% | 9.98% | 0.60x | 2.62x | $27.18 Million |
| 2004 | 18.19% | 9.47% | 0.68x | 2.83x | $40.56 Million |
| 2005 | 25.90% | 13.50% | 0.59x | 3.26x | $77.76 Million |
| 2006 | 11.07% | 6.82% | 0.48x | 3.38x | $4.91 Million |
| 2007 | 8.16% | 10.40% | 0.30x | 2.63x | $-8.83 Million |
| 2008 | -3.63% | -13.60% | 0.22x | 1.23x | $-134.76 Million |
| 2009 | -14.53% | -94.04% | 0.13x | 1.23x | $-219.51 Million |
| 2010 | -4.12% | -36.08% | 0.09x | 1.21x | $-123.14 Million |
| 2011 | -60.76% | -227.33% | 0.22x | 1.22x | $-384.64 Million |
| 2012 | 1.09% | 4.30% | 0.22x | 1.17x | $-49.23 Million |
| 2013 | 0.89% | 3.81% | 0.20x | 1.19x | $-51.35 Million |
| 2014 | 41.49% | 57.91% | 0.54x | 1.33x | $308.53 Million |
| 2015 | -0.25% | -1.64% | 0.11x | 1.46x | $-69.04 Million |
| 2016 | 2.32% | 16.61% | 0.09x | 1.50x | $-52.78 Million |
| 2017 | 10.04% | 60.22% | 0.11x | 1.55x | $240.00K |
| 2018 | 6.08% | 29.37% | 0.13x | 1.63x | $-20.91 Million |
| 2019 | 5.15% | 21.07% | 0.14x | 1.75x | $-25.18 Million |
| 2020 | 8.21% | 28.15% | 0.15x | 1.88x | $-9.86 Million |
| 2021 | 12.27% | 27.92% | 0.22x | 1.99x | $13.81 Million |
| 2022 | 11.24% | 28.11% | 0.18x | 2.27x | $7.85 Million |
| 2023 | 11.38% | 19.96% | 0.26x | 2.23x | $9.41 Million |
| 2024 | 10.24% | 18.42% | 0.26x | 2.12x | $1.76 Million |
Industry Comparison
This section compares St Joe Company's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $47,623,746
- Average return on equity (ROE) among peers: -128.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| St Joe Company (JOE) | $770.87 Million | 11.71% | 0.99x | $3.70 Billion |
| Stratus Properties Inc (STRS) | $127.39 Million | 3.04% | 2.19x | $151.18 Million |
| Gaucho Group Holdings Inc (VINO) | $4.69 Million | -187.50% | 1.66x | $1.42 Million |
| Gaucho Group Holdings, Inc. (VINOQ) | $10.79 Million | -201.57% | 0.73x | $9.54K |
About St Joe Company
The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in the United States. It operates through three segments: Residential, Hospitality, and Commercial. The Residential segment engages in the development of communities into homesites for sale to homebuilders and on a limited basis to retail customers. This segment prim… Read more