JOEST JOE Co
Land Subdividers & Developers (no Cemeteries)
- Revenue
- $513M
- 27% YoY
- Operating margin
- 28.5%
- 20% YoY
- EBITDA
- $194M
- 36% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.3×
- $244M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear165% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear39% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $267M | $252M | $389M | $403M | $513M | 27% |
| Operating income | $94M | $61M | $91M | $96M | $146M | 53% |
| Net income | $75M | $71M | $78M | $74M | $116M | 56% |
| Operating cash flow | $112M | $48M | $104M | $108M | $191M | 77% |
| Capex | $4M | $7M | $6M | $8M | $4M | 48% |
| Stock-based comp | — | $364K | $820K | $1M | $1M | 1.9% |
| Buybacks | — | $20M | — | $3M | $40M | 1097% |
| Dividends | $19M | $23M | $26M | $30M | $34M | 11% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.