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St. Joe Company JOE Hospitality — Operating Lease Lease Income

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Other financials

Income statement

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Revenue$158.8M+23.0%
Gross profit$73.4M+32.6%
Operating income$54.8M+48.2%
Net income$40.5M+37.1%
EPS (diluted)$0.71+39.2%

Balance sheet

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Cash & equivalents$117.3M+33.1%
Total debt$2.2M-43.7%
Total equity$764.5M+3.5%
Total assets$1.5B-2.6%

Cash flow

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Operating cash flow$43.9M+41.4%
CapEx$977.0K-27.8%
Free cash flow$43.0M+44.6%

Valuation

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Market cap$3.84B+31.7%
Enterprise value$3.72B+31.5%
P/E31.2×-4.0×
P/S+0.2×

Profitability

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Gross margin44.1%+3.2pp
Operating margin30.2%+6.5pp
Net margin22.5%+3.1pp
FCF margin38.7%+12.7pp

Returns & leverage

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Return on equity16.4%+4.9pp
Debt / equity0.0×

Where this comes from

Reported directly by St. Joe Company in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLeaseIncome.

The source filing: St. Joe Company’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088152
Line itemResidentialHospitalityCommercialOtherTotal
Revenue by Major Good/Service:
Real estate revenue$52,837$3,560$7,884$5,302$69,583
Hospitality revenue74,22974,229
Leasing revenue1,14113,76411215,017
Total revenue$52,837$78,930$21,648$5,414$158,829
Timing of Revenue Recognition:
Recognized at a point in time$52,837$62,072$7,884$5,302$128,095
Recognized over time15,71715,717

Item 1. Financial Statements (Unaudited)

FAQ

What is St. Joe Company's hospitality — operating lease lease income?
St. Joe Company (JOE) reported hospitality — operating lease lease income of $1.14M in Q2 2026.
How has St. Joe Company's hospitality — operating lease lease income changed year-over-year?
St. Joe Company's hospitality — operating lease lease income increased by 12.9% year-over-year, from $1.01M to $1.14M.
What is the long-term trend for St. Joe Company's hospitality — operating lease lease income?
Over 4 years (2021 to 2025), St. Joe Company's hospitality — operating lease lease income has grown at a 191.8% compound annual growth rate (CAGR), from $54K to $3.92M.
What does hospitality — operating lease lease income mean?
Captures the revenue generated from leasing hospitality-related assets or spaces to third parties. This income stream diversifies the segment's earnings beyond direct hotel and club operations. Monitoring this helps evaluate the segment's ability to monetize its real estate portfolio through rental agreements.

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