Business UpdateMay 12, 2026, 06:32 AM
ST JOE Co Reports Strong Growth: EPS CAGR 28%, Revenue CAGR 27%
AI Summary
The St. Joe Company provided an investor presentation at its 2026 Annual Shareholders Meeting, outlining a consistent business strategy focused on expanding recurring income properties, developing residential communities, and a multi-faceted capital allocation approach. The company reported strong compound annual growth rates across key financial metrics, including 28% for Earnings Per Share and 27% for Consolidated & Unconsolidated Revenue and EBITDA. Additionally, ST JOE highlighted a significant 237% increase in its residential homesite backlog as of March 31, 2026.
Key Highlights
- Earnings Per Share (EPS) Compound Annual Growth Rate (CAGR) was 28%.
- Consolidated & Unconsolidated Revenue CAGR was 27%.
- EBITDA CAGR was 27%.
- Net Income CAGR was 25%.
- Investment in Real Estate & Unconsolidated Joint Ventures CAGR was 15%.
- Residential homesite backlog increased 237% to 3,204 homesites as of March 31, 2026.
- 82.7% of outstanding debt has a fixed or swapped interest rate, with an average effective rate of 4.7%.
- The company repurchased 798,622 shares for $40.0 million in 2025.