Stratus Properties Inc. (STRS) Key Metrics
STRS valuation today
Trailing 12 months · as of October 21, 2026- Market cap
- $143.4M
- Enterprise value
- $230.3M
- P/E (TTM)
- 6.8 10-yr median 16.4
- Forward P/E
- 19.7
- PEG ratio
- 1.19
- Price / sales
- 5.0 10-yr median 3.8
- Price / book
- 0.7 10-yr median 1.6
- EV / EBITDA
- 6.4 10-yr median 68.0
- Dividend yield
- —
- Beta
- 1.21
STRS key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSTRS valuation Price multiples at each fiscal year-end price.
STRS returns How much profit the business earns on the capital it uses.
STRS per-share figures Results divided by the shares outstanding at year-end.
STRS financial health Debt, liquidity and how easily interest is covered.
STRS efficiency & capital use Working capital cycle and where the cash goes.
STRS valuation history
STRS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
STRS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
STRS cash returned to shareholders
STRS price vs earnings per share
STRS key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $197.0M | $170.0M | $230.8M | $158.7M | $304.0M | $209.4M | $253.5M | $195.5M | $242.7M | $264.9M |
| Enterprise value | $281.7M | $360.1M | $390.4M | $258.7M | $400.4M | $592.4M | $517.3M | $525.6M | $480.5M | $592.7M |
| P/E ratio | 16.4 | 86.9 | — | 1.8 | 5.3 | — | — | — | 62.6 | — |
| Price / sales | 6.6 | 3.1 | 13.4 | 4.2 | 10.8 | 4.7 | 2.7 | 2.2 | 3.0 | 3.3 |
| Price / book | 1.0 | 0.9 | 1.2 | 0.8 | 1.9 | 1.9 | 1.9 | 1.3 | 1.9 | 2.0 |
| Price / operating cash flow | — | — | — | — | — | — | — | — | 23.7 | — |
| EV / sales | 9.4 | 6.6 | 22.6 | 6.9 | 14.2 | 13.4 | 5.6 | 6.0 | 6.0 | 7.4 |
| EV / EBITDA | 17.0 | 202.1 | — | — | — | 84.4 | 33.4 | 192.7 | 14.8 | 68.0 |
| Earnings yield | 6.1% | 1.2% | −6.4% | 57.0% | 18.9% | −10.9% | −1.0% | −2.0% | 1.6% | −2.3% |
| Free cash flow yield | −19.3% | −20.6% | −42.1% | −69.4% | −24.1% | −4.9% | −25.6% | −48.0% | −9.8% | −12.1% |
| Dividend yield | 0.1% | 0.2% | 0.3% | 24.4% | 0.0% | 0.0% | 0.0% | 0.0% | 3.4% | 0.0% |
| Shareholder yield (dividends + buybacks) | 1.7% | 1.2% | 1.2% | 29.3% | 0.0% | 0.2% | 0.0% | 0.0% | 3.4% | 0.0% |
| Share price at fiscal year-end | $24.18 | $20.76 | $28.86 | $19.29 | $36.57 | $25.50 | $30.98 | $23.98 | $29.70 | $32.75 |
| Per share | ||||||||||
| Revenue per share | $3.67 | $6.62 | $2.16 | $4.56 | $3.40 | $5.40 | $11.27 | $10.74 | $9.83 | $9.93 |
| Earnings per share | $1.47 | $0.24 | −$1.85 | $10.99 | $6.90 | −$2.78 | −$0.30 | −$0.49 | $0.47 | −$0.74 |
| Operating cash flow per share | −$3.67 | −$0.71 | −$6.41 | −$6.72 | −$6.45 | −$0.49 | −$0.29 | −$3.91 | $1.25 | −$0.46 |
| Free cash flow per share | −$4.67 | −$4.27 | −$12.16 | −$13.38 | −$8.80 | −$1.25 | −$7.93 | −$11.51 | −$2.92 | −$3.95 |
| Cash per share | $9.12 | $2.46 | $3.93 | $4.58 | $2.91 | $1.51 | $1.07 | $2.33 | $1.79 | $1.68 |
| Book value per share | $25.10 | $23.78 | $23.95 | $25.19 | $19.02 | $13.37 | $16.39 | $17.99 | $15.59 | $16.20 |
| Tangible book value per share | $25.10 | $23.78 | $23.95 | $25.19 | $19.02 | $13.37 | $16.39 | $17.99 | $15.59 | $16.20 |
| Dividends per share | $0.03 | $0.05 | $0.08 | $4.70 | $0.00 | $0.00 | $0.00 | $0.00 | $1.00 | $0.00 |
| Capex per share | $1.00 | $3.56 | $5.75 | $6.66 | $2.35 | $0.75 | $7.64 | $7.60 | $4.17 | $3.49 |
| Debt per share | $19.52 | $25.68 | $23.89 | $16.72 | $14.51 | $48.16 | $33.31 | $42.82 | $30.90 | $42.21 |
| Shares outstanding | 8.1M | 8.2M | 8.0M | 8.2M | 8.3M | 8.2M | 8.2M | 8.2M | 8.2M | 8.1M |
| Change in shares outstanding | −0.5% | +2.4% | −2.8% | −1.0% | +1.2% | +0.4% | +0.4% | −0.2% | +1.0% | −0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 6.0% | 1.0% | −7.4% | 49.5% | 42.8% | −18.7% | −1.8% | −2.9% | 3.0% | −4.5% |
| Return on invested capital (ROIC) | −3.3% | −0.5% | −4.1% | −2.2% | 19.0% | −1.2% | 1.8% | 0.4% | 2.8% | 0.2% |
| Return on assets (ROA) | 2.2% | 0.4% | −3.1% | 18.3% | 10.6% | −4.1% | −0.5% | −0.9% | 0.9% | −1.4% |
| Return on tangible assets | 2.1% | 0.4% | −2.9% | 20.3% | 10.6% | −4.2% | −0.4% | −0.8% | 1.0% | −1.3% |
| Free cash flow margin | −127.2% | −64.6% | −562.9% | −293.5% | −259.1% | −23.1% | −70.4% | −107.1% | −29.7% | −39.7% |
| Income quality (OCF / net income) | −2.50 | −2.99 | — | −0.61 | −0.93 | — | — | — | 2.64 | — |
| Financial health | ||||||||||
| Total debt | $159.0M | $210.3M | $191.0M | $137.6M | $120.6M | $395.5M | $272.6M | $349.1M | $252.5M | $341.4M |
| Cash & short-term investments | $74.3M | $20.2M | $31.4M | $37.7M | $24.2M | $12.4M | $8.8M | $19.0M | $14.6M | $13.6M |
| Net debt | $84.7M | $190.1M | $159.6M | $99.9M | $96.4M | $383.0M | $263.8M | $330.1M | $237.9M | $327.8M |
| Debt / equity | 0.78 | 1.08 | 1.00 | 0.66 | 0.76 | 3.60 | 2.03 | 2.38 | 1.98 | 2.61 |
| Debt / assets | 0.28 | 0.39 | 0.37 | 0.31 | 0.22 | 0.73 | 0.49 | 0.70 | 0.62 | 0.76 |
| Net debt / EBITDA | 5.11 | 106.68 | — | — | — | 54.60 | 17.03 | 121.04 | 7.35 | 37.63 |
| Current ratio | 2.27 | 0.70 | 0.98 | 1.52 | 1.00 | 1.42 | 1.03 | 1.32 | 0.79 | 0.66 |
| Quick ratio | 2.11 | 0.46 | 0.80 | 1.47 | 0.99 | 1.34 | 0.94 | 0.93 | 0.50 | 0.36 |
| Interest coverage | -14.5 | — | — | -517.5 | 26.2 | -1.0 | 0.8 | 0.3 | 3.4 | 0.1 |
| Working capital | $67.3M | −$13.9M | −$878,000 | $16.3M | −$341,000 | $22.2M | $4.7M | $13.5M | −$16.6M | −$23.6M |
| Invested capital | $289.2M | $384.8M | $351.1M | $307.2M | $254.5M | $492.8M | $397.9M | $476.7M | $365.3M | $458.9M |
| Tangible asset value | $347.1M | $297.6M | $294.6M | $272.1M | $208.6M | $109.8M | $134.1M | $146.7M | $127.4M | $131.0M |
| Net current asset value | −$96.1M | −$202.7M | −$183.3M | −$125.6M | −$137.3M | −$359.3M | −$239.1M | −$294.5M | −$216.6M | −$274.4M |
| Graham number | $28.82 | $11.30 | — | $78.92 | $54.36 | — | — | — | $12.90 | — |
| Graham net-net per share | −$16.92 | −$25.55 | −$20.48 | −$11.45 | −$17.88 | −$51.12 | −$50.24 | −$39.57 | −$30.73 | −$37.57 |
| Capital allocation | ||||||||||
| Dividends paid | $246,000 | $376,000 | $678,000 | $38.7M | $0 | $10,000 | $31,000 | $32,000 | $8.1M | $32,000 |
| Share buybacks (net) | $3.1M | $1.6M | $2.1M | $7.9M | $0 | $448,000 | $90,000 | $0 | $0 | $0 |
| Dividend payout ratio | 2.1% | 19.2% | — | 42.8% | 0.0% | — | — | — | 209.7% | — |
| Capex / revenue | 27.2% | 53.8% | 266.1% | 146.2% | 69.3% | 14.0% | 67.9% | 70.7% | 42.4% | 35.1% |
| Capex / operating cash flow | — | — | — | — | — | — | — | — | 332.4% | — |
| Capex / depreciation | 1.17 | 5.24 | 10.80 | 15.29 | 1.96 | 0.45 | 5.68 | 7.23 | 4.34 | 3.49 |
| Stock-based compensation / revenue | 4.2% | 3.2% | 11.2% | 7.5% | 2.8% | 30.6% | 2.1% | 0.9% | 1.0% | 0.9% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 49.4% | 27.6% | 87.8% | 46.8% | 86.8% | 30.6% | 13.4% | 12.9% | 14.2% | 15.1% |
| Efficiency | ||||||||||
| Days sales outstanding | — | — | 910.7 | 1,292.8 | 1,369.4 | 0.0 | 0.0 | — | -16.3 | -60.3 |
| Days of inventory on hand | 81.6 | 78.9 | 87.7 | 20.4 | 58.1 | 116.7 | 88.7 | 96.0 | 116.6 | 128.5 |
| Days payables outstanding | 77.3 | 109.0 | 295.8 | 168.6 | 215.6 | 137.7 | 99.5 | 106.8 | 78.6 | 57.0 |
| Cash conversion cycle (days) | — | — | 702.7 | 1,144.5 | 1,211.9 | -21.0 | -10.8 | — | 21.7 | 11.2 |
| Receivables turnover | — | — | 0.40 | 0.28 | 0.27 | 44,333,000.00 | 92,178,000.00 | — | — | — |
| Payables turnover | 4.72 | 3.35 | 1.23 | 2.17 | 1.69 | 2.65 | 3.67 | 3.42 | 4.65 | 6.41 |
| Inventory turnover | 4.47 | 4.63 | 4.16 | 17.93 | 6.28 | 3.13 | 4.11 | 3.80 | 3.13 | 2.84 |
| Asset turnover | 0.05 | 0.10 | 0.04 | 0.08 | 0.05 | 0.08 | 0.17 | 0.19 | 0.19 | 0.18 |
| Average receivables | — | — | $43.1M | $132.8M | $105.9M | $1 | $1 | — | −$3.6M | −$13.3M |
| Average payables | $9.3M | $12.8M | $15.4M | $14.7M | $11.1M | $11.3M | $17.5M | $21.7M | $14.8M | $10.5M |
| Average inventory | $9.8M | $9.3M | $4.6M | $1.8M | $3.0M | $9.5M | $15.6M | $19.5M | $21.9M | $23.6M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from STRS's annual financial statements (latest annual report filed March 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
STRS valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Stratus Properties traded at 16.4 times earnings, against a 10-year median of 16.4. Based on the latest twelve months, the trailing P/E is 6.8 and the forward P/E is 19.7. Stratus Properties earned a return on equity of 6.0% and a return on invested capital of −3.3% in fiscal 2025. It ended the year with $159.0 million of debt and $74.3 million in cash and short-term investments, net debt of $84.7 million. It returned $3.4 million to shareholders: $0.2 million in dividends and $3.1 million in share buybacks.
See the STRS income statement, the STRS chart for price history, or the STRS stock overview for the latest quote and news.
STRS key metrics FAQ
What is Stratus Properties's P/E ratio?
Stratus Properties's trailing P/E ratio is 6.8 based on the last twelve months of earnings (as of October 21, 2026), and its forward P/E is 19.7. At the end of fiscal 2025 it was 16.4, compared with a 10-year median of 16.4.
What is Stratus Properties's EV/EBITDA?
Stratus Properties's enterprise value was 17.0 times EBITDA at the end of fiscal 2025 (enterprise value $281.7 million, EBITDA $16.6 million); the current EV/EBITDA is 6.4.
What is Stratus Properties's return on equity?
Stratus Properties's return on equity (ROE) was 6.0% in fiscal 2025: net income of $12.0 million on average shareholders' equity of $199.6 million.
What is Stratus Properties's ROIC?
Stratus Properties's return on invested capital was −3.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Stratus Properties have?
Stratus Properties had total debt of $159.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.78 and $84.7 million of net debt (5.11 times EBITDA).
What is Stratus Properties's dividend yield?
Stratus Properties paid $0.2 million in dividends in fiscal 2025 ($0.03 per share), a payout ratio of 2.1%.
Does Stratus Properties buy back its shares?
Yes. Stratus Properties spent $3.1 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.5% over the year, to 8.1M..
What is Stratus Properties's free cash flow yield?
Stratus Properties generated -$38.0 million of free cash flow in fiscal 2025, a free cash flow yield of −19.3% on its market value at year-end ($197.0 million).
What is Stratus Properties's current ratio?
Stratus Properties's current ratio was 2.27 at the end of fiscal 2025: current assets were 2.27 times current liabilities.