Hospitality Segment was the largest of ST JOE Co’s 3 reported lines in fiscal 2025, at $220.75M — 44% of $504.82M.
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hospitality Segment | $97.24M | $154.57M | $202.70M | $220.75M | ||||||||||||
| Hospitality | — | — | — | — | ||||||||||||
| Forestry | — | — | — | — | ||||||||||||
| Residential Segment | $92.89M | $155.82M | $117.01M | $165.09M | ||||||||||||
| Residential Real Estate | — | — | — | — | ||||||||||||
| Commercial Segment | $59.38M | $74.44M | $78.58M | $118.98M | ||||||||||||
| Commercial Leasing & Sales | — | — | — | — | ||||||||||||
| Resorts & Leisure | — | — | — | — | ||||||||||||
| Resorts, Leisure & Leasing Operations | — | — | — | — | ||||||||||||
| Rural Land Sales | — | — | — | — | ||||||||||||
| Rural Land | — | — | — | — | ||||||||||||
| Commercial Real Estate | — | — | — | — | ||||||||||||
| Leasing Operations | — | — | — | — | ||||||||||||
| Other | — | — | — | — | ||||||||||||
| Total | $249.50M | $384.83M | $398.28M | $504.82M |
In fiscal 2025, which ended December 31, 2025, the 3 segments ST JOE Co reported in this breakdown added up to $504.82M. That was up 26.7% from $398.28M in fiscal 2024. Hospitality Segment was the largest segment, at $220.75M or 43.7% of the total, followed by Residential Segment ($165.09M, 32.7%) and Commercial Segment ($118.98M, 23.6%). Together, the two largest segments made up 76.4% of this total.
Compared with fiscal 2024, Commercial Segment grew the fastest, rising 51.4% to $118.98M. Every sizeable segment reported in both years grew. Over fiscal 2022 to 2025, revenue across these segments went from $249.50M to $504.82M, a compound annual growth rate of 26.5%. Hospitality Segment's share of the total rose from 39.0% to 43.7% over the same years.
The table also keeps 11 segments that ST JOE Co no longer reports, so earlier years can still be read on their original basis; use "Show 11 discontinued" beneath the table to see them. This breakdown covers 16 fiscal years between 2009 and 2025, as reported in ST JOE Co's annual filings.
Unconsolidated Joint Ventures was the largest of ST JOE Co’s 7 reported lines in fiscal 2024, at $378.17M — 93% of $408.76M.
| Equity Method Investment, Nonconsolidated Investee | FY 2024 |
|---|---|
| Unconsolidated Joint Ventures | $378.17M |
| Busy Bee Jv | $14.90M |
| Electric Cart Watersound Jv | $4.39M |
| Pier Park Tps Jv | $3.98M |
| Pier Park Ri Jv | $3.25M |
| Watersound Management Jv | $2.44M |
| Watersound Fountains Independent Living Jv | $1.62M |
| Total | $408.76M |
In fiscal 2024, which ended December 31, 2024, the 7 revenue lines ST JOE Co reported in this breakdown added up to $408.76M. Unconsolidated Joint Ventures was the largest revenue line, at $378.17M or 92.5% of the total, followed by Busy Bee Jv ($14.90M, 3.6%) and Electric Cart Watersound Jv ($4.39M, 1.1%). Together, the two largest revenue lines made up 96.2% of this total.
This breakdown covers every fiscal year from 2024 to 2024, as reported in ST JOE Co's annual filings.
ST JOE Co (JOE) breaks its revenue down by segment and revenue line. In fiscal 2025, its largest segment was Hospitality Segment, with $220.75M or 43.7% of the total, followed by Residential Segment at $165.09M (32.7%).
Hospitality Segment was ST JOE Co's largest segment in fiscal 2025, with $220.75M in revenue, 43.7% of the $504.82M reported across its 3 segments.
Unconsolidated Joint Ventures was ST JOE Co's largest revenue line in fiscal 2024, with $378.17M in revenue, 92.5% of the $408.76M reported across its 7 revenue lines.
Of the ST JOE Co segments reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Commercial Segment grew the fastest, rising 51.4% from $78.58M to $118.98M.
Every figure is taken from ST JOE Co's annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by segment covers fiscal 2009 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.