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STRSStratus Properties Inc.
$28.76$230M
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STRS logoStratus Properties Inc.(STRS)Earnings, Financials & Key Ratios

STRS•NASDAQ•REIT / Real Estate
$28.76
19.6× P/E·Price updated Jul 7, 2026
SectorReal EstateIndustryDiversified Real EstateSub-IndustryMixed-use urban developers and operators
AboutStratus Properties Inc., a real estate company, engages in the acquisition, entitlement, development, management, and sale of commercial, and multi-and single-family residential real estate properties primarily in Texas. The company operates in two segments, Real Estate Operations and Leasing Operations. Its leasing operations cover lease of space at retail and mixed-use, and multi-family properties. Stratus Properties Inc. was incorporated in 1992 and is headquartered in Austin, Texas.Show more
  • Revenue$30M-44.8%
  • FFO$19M+152.1%
  • FFO/Share2.33+153.4%
  • FFO Payout1.3%-74.0%
  • FFO per Share2.33+153.4%
  • NOI Margin-47.22%-329.0%
  • FFO Margin63.35%+356.5%
  • ROE3.72%+462.7%
  • ROA2.19%+487.1%

STRS Price & Volume

Stratus Properties Inc. (STRS) stock price & volume — 10-year historical chart

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Transactional Revenue Volatility Masks Strategic Deleveraging Efforts

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Contracting
Profitability:Negative
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Austin market concentration risk

Key Thesis Takeaways

  • Stratus Properties is currently transitioning from a capital-intensive development model to a more defensive posture, evidenced by a significant reduction in debt-to-equity from 0.76 in 2025Q1 to 0.46 in 2026Q1.
  • While the company has successfully bolstered its liquidity with $74.3 million in cash, the reliance on lumpy asset dispositions creates persistent operational volatility and obscures core profitability.
  • Investors should monitor whether the firm can achieve sustainable organic growth, as current NOI margins of -88.5% suggest that development overhead continues to weigh heavily on recurring property-level performance.

Verdict Logic

while the balance sheet has been de-risked through a reduction in debt-to-equity to 0.46, the lack of consistent, positive AFFO and the reliance on sporadic asset sales warrant a cautious wait-and-see approach.

STRS Growth Metrics

Stratus Properties Inc. (STRS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-9.47%
5 Years-7.57%
3 Years-7.26%
TTM-12.4%

Profit CAGR

10 Years-0.16%
5 Years-
3 Years-49.02%
TTM492.69%

EPS CAGR

10 Years-0.27%
5 Years-
3 Years-
TTM489.53%

Return on Capital

10 Years2.63%
5 Years3.72%
3 Years-2.89%
Last Year-4.41%

STRS Recent Earnings

Stratus Properties Inc. (STRS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat Revenue 5/12 qtrs (100%)
Q2 2026Latest
May 12, 2026
Metric
Actual
Est
EPS
$0.82
—
Rev
$4M
—
Q2 2026
Mar 27, 2026
Metric
Actual
Est
EPS
$2.41
—
Rev
$8M
—
Q4 2025
Nov 12, 2025
Metric
Actual
Est
EPS
$0.62
—
Rev
$5M
—
Q3 2025
Aug 12, 2025
Metric
Actual
Est
EPS
$0.03
—
Rev
$12M
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 12, 2026
$0.82
$4M
Q2 2026Mar 27, 2026
$2.41
$8M
Q4 2025Nov 12, 2025
$0.62
$5M
Q3 2025Aug 12, 2025
$0.03
$12M
Based on last 12 quarters of dataView full earnings history →

Latest STRS News

Recent stock market news and headlines for Stratus Properties Inc. (STRS)

Business Wire·6 days ago
Stratus Properties Inc. Announces Initial Liquidating Distribution of $5.00 Per Share to Stockholders and Intention to Voluntarily Delist From Nasdaq and Deregister With SEC

AUSTIN, Texas--(BUSINESS WIRE)--Stratus Properties Inc. (NASDAQ: STRS) (“Stratus” or the “Company”) today announced that, in connection with the Company's plan of complete liquidation and dissolution (the “Plan of Liquidation”), its Board of Directors (the “Board”) has declared an initial liquidating distribution, in the form of a special cash dividend, of $5.00 per share on Stratus' common stock, payable on July 20, 2026 to stockholders of record as of July 13, 2026. The Board also has unanimo.

Business Wire·Jun 26, 2026
Stratus Properties Inc. Completes Sale of Jones Crossing – Retail for $46.5 Million

AUSTIN, Texas--(BUSINESS WIRE)--Stratus Properties Inc. (NASDAQ: STRS) (“Stratus”) today announced that it has completed the previously disclosed sale of the retail component of Jones Crossing, including undeveloped commercial acreage, for $46.5 million in cash. The sale generated pre-tax net cash proceeds of approximately $21.7 million, after selling costs and payment of the project loan. The Jones Crossing – Retail transaction is Stratus' fourth recent sale of a stabilized retail project, fol.

Peers Comparison

Key metrics vs top competitors for Stratus Properties Inc. (STRS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
STRS logoSTRSStratus Properties Inc.Current
$28.76$229.58M19.56-44.79%40.05%3.72%0.1%
ALEX logoALEXAlexander & Baldwin, Inc.
$20.84$1.52B23.42-12.66%31.29%6.44%—
GRBK logoGRBKGreen Brick Partners, Inc.
$74.81$3.23B10.58-2.81%14.9%15.76%—
JBGS logoJBGSJBG SMITH Properties
$14.96$882.73M-7.16-8.9%-22.16%-6.47%—
CLPR logoCLPRClipper Realty Inc.
$2.81$119.32M-5.982.98%-7.1%——
NXRT logoNXRTNexPoint Residential Trust, Inc.
$28.94$734.45M-22.97-3.24%-12.67%-10.13%—

Compare STRS vs Peers

Stratus Properties Inc. (STRS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ALEX

Most directly comparable listed peer for STRS.

Scale Benchmark

vs DHI

Larger-name benchmark to compare STRS against a more recognizable public peer.

Peer Set

Compare Top 5

vs ALEX, GRBK, JBGS, CLPR

STRS SEC Filings & Documents

Stratus Properties Inc. (STRS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 12, 2026·SEC

Material company update

Mar 27, 2026·SEC

Material company update

Mar 25, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 27, 2026·SEC

FY 2025

Mar 28, 2025·SEC

FY 2024

Mar 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 12, 2026·SEC

FY 2025

Nov 12, 2025·SEC

FY 2025

Aug 12, 2025·SEC

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STRS Frequently Asked Questions

Stratus Properties Inc. (STRS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Stratus Properties Inc.'s revenue?

Stratus Properties Inc. (STRS) reported $28.7M in revenue for fiscal year 2025. This represents a 64% decrease from $79.2M in 1996.

How fast is Stratus Properties Inc. growing?

Stratus Properties Inc. (STRS) saw revenue decline by 44.8% over the past year.

Is STRS profitable?

Yes, Stratus Properties Inc. (STRS) is profitable, generating $21.5M in net income for fiscal year 2025 (40.1% net margin).

Dividend & Returns
Does STRS pay dividends?

Yes, Stratus Properties Inc. (STRS) pays a dividend with a yield of 0.10%. This makes it attractive for income-focused investors.

What is STRS's return on equity?

Stratus Properties Inc. (STRS) has a return on equity (ROE) of 3.7%. This is below average, suggesting room for improvement.

Industry Metrics
What is Stratus Properties Inc.'s FFO?

Stratus Properties Inc. (STRS) generated Funds From Operations (FFO) of $28.5M in the trailing twelve months. FFO is the primary profitability metric for REITs.

What if you invested $1,000 in STRS back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →