St Joe (JOE) Gross Margin (2009 - 2026)
St Joe (JOE) recorded Gross Margin of 51.64% in Q3 2026, up 7.26 percentage points from 44.38% a year earlier and up 5.41 percentage points from the prior quarter.
St Joe (JOE) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, St Joe's Gross Margin came in at 46.14% as of Sep 30, 2026, up 3.85 percentage points year-over-year; for FY2025, it was 43.05%, up 1.53 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -8.50 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 41.52% in FY2024 (+2.14 pp), 39.38% in FY2023 (-2.80 pp), 42.18% in FY2022 (-8.64 pp) and 50.82% in FY2021 (-0.74 pp).
- The Q3 2026 figure is the highest quarterly Gross Margin since Q2 2022.
- On a year-over-year basis, Gross Margin has increased for five consecutive quarters, with an average year-over-year change of +2.31 percentage points over the last seven quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 7.26 percentage points in Q3 2026, against a drop of 9.38 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 46.23% (Q2 2026), 38.31% (Q1 2026) and 45.38% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 19.20 Bn | 18.19 Bn | - | - |
| 2 | Howard Hughes Holdings | 5.05 Bn | -3.83 Bn | 435.75 Mn | 68.48% |
| 3 | Millrose Properties | 4.42 Bn | 4.24 Bn | - | - |
| 4 | St Joe | 4.28 Bn | 3.78 Bn | 80.65 Mn | 51.64% |
| 5 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.25 Bn | 2.06 Bn | - | - |
| 6 | LandBridge | 1.83 Bn | 1.70 Bn | 65.71 Mn | 98.30% |
| 7 | Opendoor Technologies | 1.33 Bn | -2.44 Bn | 38.00 Mn | 3.72% |
| 8 | Forestar | 1.23 Bn | -117.25 Mn | 84.10 Mn | 20.66% |
| 9 | Tejon Ranch | 482.31 Mn | 414.19 Mn | - | - |
| 10 | Frp Holdings | 377.27 Mn | -71.77 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 51.64% |
| Jun 30, 2026 | 46.23% |
| Mar 31, 2026 | 38.31% |
| Dec 31, 2025 | 45.38% |
| Sep 30, 2025 | 44.38% |
| Jun 30, 2025 | 42.91% |
| Mar 31, 2025 | 37.80% |
| Dec 31, 2024 | 42.33% |
| Sep 30, 2024 | 39.44% |
| Jun 30, 2024 | 44.60% |
| Mar 31, 2024 | 39.00% |
| Jun 30, 2022 | 69.25% |
| Mar 31, 2022 | 76.42% |
| Dec 31, 2021 | 11.67% |
| Sep 30, 2021 | 69.38% |
| Jun 30, 2021 | 78.63% |
| Mar 31, 2021 | 72.17% |
| Dec 31, 2020 | 19.76% |
| Sep 30, 2020 | 73.90% |
| Jun 30, 2020 | 77.16% |
St Joe Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=JOE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "JOE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=JOE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();