STRATUS PROPERTIES INC
Business
Stratus Properties Inc. is a residential and retail real estate development, management, leasing and sales company focused on the Austin, Texas area and select Texas markets. The company entitles, develops, manages, leases and sells multi-family residential, single-family residential and commercial real estate properties through two operating segments: Real Estate Operations (property development and sales) and Leasing Operations (retail, mixed-use and multi-family leasing). Properties are developed either directly or through joint ventures with third-party equity partners, with Stratus receiving development and asset management fees.
Summary from 10-K filed 2026-03-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Real Estate Operations | 11 | 35 | 3 | 25 | 8 | |
| Leasing Operations | 19 | 19 | 15 | 13 | 20 | |
| Total revenues | 30 | 54 | 17 | 37 | 28 | |
| Depreciation and amortization | 7 | 6 | 4 | 4 | 5 | |
| Total cost of sales | 37 | 43 | 19 | 32 | 24 | |
| General and administrative expenses | 15 | 15 | 15 | 18 | 25 | |
| Gain on sales of assets | −33 | −2 | 0 | −5 | −106 | |
| Total | 19 | 56 | 34 | 45 | −55 | |
| Operating income (loss) | 11 | −2 | −17 | −8 | 84 | |
| Interest Income (Expense), Operating | −2 | 0 | 0 | −15,000 | −3 | |
| Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments | −23,000 | 0 | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | −549,000 | −69,000 | 0 | 0 | 2 | |
| Other (loss) income, net | −618,000 | 758,000 | 2 | 1 | 65,000 | |
| Net income (loss) before income taxes | 8 | −1 | — | — | — | |
| Provision for income taxes | −5 | −442,000 | −2 | −389,000 | −13 | |
| Net income (loss) and total comprehensive income (loss) | 3 | −2 | −16 | 90 | 63 | |
| Total comprehensive loss attributable to noncontrolling interests | 9 | 4 | 2 | 683,000 | −6 | |
| Net income and total comprehensive income attributable to common stockholders | 12 | 2 | −15 | 90 | 57 | |
| Earnings per share (in dollars per basic share) | 1.49 | 0.24 | −1.85 | 10.99 | 6.97 | |
| Earnings per share (in dollars per diluted share) | 1.47 | 0.24 | −1.85 | 10.99 | 6.9 | |
| Weighted-average shares of common stock outstanding, Basic | 8 | 8 | 8 | 8 | 8 | |
| Weighted-average shares of common stock outstanding, Diluted | 8 | 8 | 8 | 8 | 8 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 74 | 20 | 31 | 38 | 24 | |
| Restricted cash | 300,000 | 976,000 | 1 | 8 | 18 | |
| Real estate held for sale | 8 | 11 | 7 | 2 | 2 | |
| Real estate under development | 186 | 274 | 261 | 239 | 181 | |
| Land available for development | 75 | 63 | 47 | 40 | 41 | |
| Real estate held for investment, net | 167 | 104 | 144 | 92 | 90 | |
| Lease right-of-use assets | 10 | 10 | 11 | 11 | 10 | |
| Deferred tax assets | 206,000 | 153,000 | 173,000 | 38,000 | 6 | |
| Other assets | 5 | 12 | 14 | 15 | 17 | |
| Total assets held for sale | 37 | 37 | — | — | — | |
| Total assets | 563 | 533 | 518 | 445 | 541 | |
| Accounts payable | 9 | 10 | 16 | 15 | 14 | |
| Accrued Liabilities | 10 | 7 | 7 | 7 | 22 | |
| Debt | 143 | 162 | 175 | 123 | 107 | |
| Lease liabilities | 16 | 15 | 16 | 15 | 14 | |
| Deferred gain | 833,000 | 2 | 3 | 4 | 5 | |
| Other liabilities | 4 | 5 | 7 | 10 | 18 | |
| Total liabilities held for sale | 33 | 33 | — | 0 | 153 | |
| Total liabilities | 216 | 235 | 223 | 173 | 333 | |
| Commitments and contingencies | — | — | — | — | — | |
| Common stock, par value of $0.01 per share, 150,000 shares authorized, 9,792 and 9,685 shares issued, respectively and 7,959 and 8,023 shares outstanding, respectively | 98,000 | 97,000 | 96,000 | 94,000 | 94,000 | |
| Capital in excess of par value of common stock | 202 | 201 | 198 | 196 | 189 | |
| Retained earnings | 41 | 29 | 27 | 41 | −9 | |
| Common stock held in treasury, 1,833 shares and 1,662 shares at cost, respectively | −38 | −35 | −33 | −30 | −22 | |
| Total stockholders equity | 204 | 195 | 191 | 207 | 158 | |
| Noncontrolling interests in subsidiaries | 143 | 103 | 103 | 65 | 50 | |
| Total equity | 347 | 298 | 295 | 272 | 209 | |
| Total liabilities and equity | 563 | 533 | 518 | 445 | 541 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 7 | 6 | 4 | 4 | 10 | |
| Cost of real estate sold | 9 | 22 | 2 | 16 | 4 | |
| Stock-based compensation | 1 | 2 | 2 | 2 | — | |
| Debt issuance cost amortization | 1 | 1 | 851,000 | 1 | — | |
| Deferred income taxes | −53,000 | 20,000 | −135,000 | 6 | −6 | |
| Purchases and development of real estate properties | −25 | −30 | −44 | −24 | −53 | |
| Decrease (increase) in other assets | 762,000 | −43,000 | 2 | 4 | −2 | |
| Increase (decrease) in accounts payable, accrued liabilities and other | 2 | −5 | −814,000 | −29 | 33 | |
| Net cash used in operating activities | −30 | −6 | −51 | −55 | −54 | |
| Capital expenditures | −8 | −29 | −46 | −55 | −20 | |
| Proceeds from sale of assets, net of selling costs | 70 | 9 | 0 | 106 | 0 | |
| Municipal utility district (MUD) reimbursements | 409,000 | 0 | — | — | — | |
| Payments on master lease obligations | −948,000 | −990,000 | −977,000 | −989,000 | −2 | |
| Net cash provided by (used in) investing activities | 61 | −22 | −47 | 50 | 189 | |
| Borrowings from credit facility | 4 | 0 | 0 | 30 | 40 | |
| Payments on credit facility | −4 | 0 | 0 | −30 | −83 | |
| Borrowings from project and term loans | 65 | 74 | 61 | 33 | 43 | |
| Payments on project and term loans | −86 | −58 | −9 | −19 | −131 | |
| Payment of dividends | −246,000 | −376,000 | −678,000 | −39 | 0 | |
| Finance lease principal payments | −17,000 | −16,000 | −15,000 | −4,000 | 0 | |
| Stock-based awards net payments | −336,000 | −376,000 | −789,000 | −452,000 | −132,000 | |
| Purchases of treasury stock | −3 | −2 | −2 | −8 | 0 | |
| Noncontrolling interests distributions | −2 | 0 | −13,000 | 0 | −13 | |
| Noncontrolling interests contributions | 51 | 4 | 40 | 15 | 46 | |
| Financing costs | −1 | −873,000 | −3 | −2 | −2 | |
| Net cash provided by financing activities | 22 | 16 | 85 | −19 | −99 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 53 | −11 | −13 | −24 | 36 | |
| Write-off of Capitalized Hotel Remodel Costs | 3 | 721,000 | 0 | 0 | 287,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is STRATUS PROPERTIES INC's CIK number?
STRATUS PROPERTIES INC's SEC CIK number is 0000885508 (885508). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find STRATUS PROPERTIES INC's SEC filings?
All of STRATUS PROPERTIES INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did STRATUS PROPERTIES INC last report earnings?
STRATUS PROPERTIES INC (STRS) most recently filed an earnings 8-K with the SEC on May 12, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000885508-26-000021). This is STRATUS PROPERTIES INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is STRATUS PROPERTIES INC's most recent earnings 8-K?
STRATUS PROPERTIES INC's latest earnings 8-K (Item 2.02) was filed May 12, 2026 under accession 0000885508-26-000021. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View STRATUS PROPERTIES INC's latest earnings 8-K →
Look up any company's CIK number →