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Stratus Properties STRS Real Estate Operations — Professional Fees

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Other financials

Income statement

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Revenue$3.8M-24.8%
Gross profit-$1.9M-845%
Operating income$15.4M+528%
Net income$13.5M+460%
EPS (diluted)$0.82+328%

Balance sheet

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Cash & equivalents$74.3M+473%
Total debt$159.7M-28.5%
Total equity$211.7M+10.6%
Total assets$532.5M-0.4%

Cash flow

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Operating cash flow-$15.6M-15.6%
CapEx$42.0K-99.1%
Free cash flow-$15.6M+13.2%

Valuation

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Market cap$229.5M+49.9%
Enterprise value$314.95M+2.5%
P/E11.4×
P/S+3.7×

Profitability

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Gross margin-32.5%-42.5pp
Operating margin103.9%+85.4pp
Net margin70%+54.3pp
FCF margin-124.4%-21.4pp

Returns & leverage

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Return on equity10%+7.5pp
Debt / equity0.8×-0.4×

Where this comes from

Reported directly by Stratus Properties in its filing.

Tagged under the XBRL concept us-gaap:ProfessionalFees.

The official record: Stratus Properties’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Stratus Properties's real estate operations — professional fees?
Stratus Properties (STRS) reported real estate operations — professional fees of $722K in Q1 2026.
How has Stratus Properties's real estate operations — professional fees changed year-over-year?
Stratus Properties's real estate operations — professional fees increased by 98.9% year-over-year, from $363K to $722K.
What is the long-term trend for Stratus Properties's real estate operations — professional fees?
Over 2 years (2023 to 2025), Stratus Properties's real estate operations — professional fees has grown at a 52.2% compound annual growth rate (CAGR), from $1.97M to $4.56M.
What does real estate operations — professional fees mean?
Includes payments to external consultants, legal counsel, architects, and other specialists engaged to support real estate development and entitlement processes. High levels of professional fees often correlate with complex development projects or regulatory hurdles. Tracking this helps investors understand the overhead required to bring new properties to market.