Star Holdings (STHO) Gross Margin (2022 - 2026)
Star Holdings (STHO) recorded Gross Margin of 27.41% in Q2 2026, up 44.76 percentage points from -17.36% a year earlier and up 71.38 percentage points from the prior quarter.
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Analysis
Star Holdings (STHO) Gross Margin (2022 - 2026) Analysis & Trends
On a TTM basis, Star Holdings' Gross Margin came in at 16.00% as of Jun 30, 2026, up 31.55 percentage points year-over-year; for FY2025, it was 2.64%, up 31.19 percentage points from FY2024.
- Annual Gross Margin has increased for four straight years, with a four-year change of +45.60 percentage points (FY2021 to FY2025).
- Across earlier years, Gross Margin came in at -28.54% in FY2024 (+12.13 pp), -40.68% in FY2023 (+1.77 pp), -42.45% in FY2022 (+0.51 pp) and -42.95% in FY2021.
- Quarterly Gross Margin has ranged from -76.16% in Q1 2023 to 42.41% in Q4 2025 over the past five years.
- On a year-over-year basis, Gross Margin has increased for five consecutive quarters, with an average year-over-year change of +28.63 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 61.67 percentage points in Q4 2024, against a drop of 31.52 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -43.97% (Q1 2026), 42.41% (Q4 2025) and 29.02% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.47 Bn | 21.30 Bn | - | - |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.25 Bn | 6.60 Bn | 65.71 Mn | 98.30% |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - | - |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn | 46.23% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | - |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | 9.74% |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn | 20.66% |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn | -170.62% |
| 10 | Star Holdings | 103.54 Mn | -67.06 Mn | 5.31 Mn | 27.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.41% |
| Mar 31, 2026 | -43.97% |
| Dec 31, 2025 | 42.41% |
| Sep 30, 2025 | 29.02% |
| Jun 30, 2025 | -17.36% |
| Mar 31, 2025 | -59.47% |
| Dec 31, 2024 | 8.72% |
| Sep 30, 2024 | -18.64% |
| Jun 30, 2024 | -64.27% |
| Mar 31, 2024 | -43.19% |
| Dec 31, 2023 | -52.95% |
| Sep 30, 2023 | -13.76% |
| Jun 30, 2023 | -45.80% |
| Mar 31, 2023 | -76.16% |
| Dec 31, 2022 | -56.67% |
| Sep 30, 2022 | -27.57% |
| Jun 30, 2022 | -48.72% |
| Mar 31, 2022 | -44.64% |
API Access
Star Holdings 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=STHO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "STHO", "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=STHO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();