---
schema_version: "secwatch.filing_event.v1"
accession: "0000885508-25-000020"
form_type: "8-K"
ticker: "STRS"
cik: "0000885508"
company_name: "STRATUS PROPERTIES INC"
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:31:00.867445+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Stratus Properties reports full-year 2024 net income $2.0M vs loss $14.8M; revenue triples to $54.2M

## Summary
- Net income attributable to common stockholders of $2.0M ($0.24 diluted EPS) vs net loss of $14.8M ($1.85 loss per share) in 2023.
- Revenue increased to $54.2M from $17.3M driven by sales of five Amarra Villas homes ($18.9M) and 47 acres at Magnolia Place ($14.5M).
- After-tax Net Asset Value rose to $330.5M ($40.38/share) from $321.7M ($39.40/share) year-over-year.
- Refinanced or amended project loans in Q4 2024 and Q1 2025, generating $7.7M in cash proceeds and lowering interest rates.
- Cash and cash equivalents $20.2M at Dec 31, 2024; no balance on $39M revolving credit facility.

## SEC filing metadata
- accession: 0000885508-25-000020
- form_type: 8-K
- ticker: STRS
- cik: 0000885508
- company_name: STRATUS PROPERTIES INC
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885508/000088550825000020/0000885508-25-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885508/000088550825000020/strs-20250328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885508-25-000020
- JSON: https://secwatch.observer/filing/0000885508-25-000020.json
- Plain text: https://secwatch.observer/filing/0000885508-25-000020.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.