other material
confidence medium
sentiment positive
materiality 0.50
St. Joe highlights NW Florida growth, 30% CAGR in revenue and real estate investment at annual meeting
ST JOE Co
- Entitlements for over 170,000 residential units and 22M sq ft non-residential uses across 167,000 acres.
- Majority of revenue derived from less than 2% of land holdings, emphasizing land-value development strategy.
- Consolidated and unconsolidated revenue compound annual growth rate (CAGR) of 30%.
- Investment in real estate and unconsolidated joint ventures also grew at 30% CAGR.
- Northwest Florida Beaches International Airport passenger growth of 501% cumulative, 17% CAGR since 2009.