Stratus Properties (STRS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Stratus Properties

OTC Markets OTCPK•Real Estate•Real Estate - Diversified

$19.10+0.01(<0.01%)Market closed

Market Cap

$147.62M

P/E

7.4x

P/S

5.2x

P/B

0.4x

Stratus Properties Inc., a real estate company, engages in the entitlement, development, management, leasing, and sale of multi and single family residential and commercial real estate properties in the Austin, Texas area, and other select markets in Texas. The company operates through Real Estate Operations and Leasing Operations segments. Its leasing operations cover lease of space at retail and mixed-use and multi-family properties. The company was formerly known as Fm Properties Inc and changed its name to Stratus Properties Inc. in May 1998. Stratus Properties Inc. was incorporated in 1992 and is based in Austin, Texas.

How this company scores

AverageMetricSide Score: 57/100

Strongest: Profitability (21/25); weakest: Cash & Earnings Quality (10/25).

Profitability21/25

Growth11/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality10/25

Strengths

Strong marginsRising earningsInterest easily coveredCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 7.4x5y range 1.2x – 69.9x

Currently above its 8-quarter median.

P/S · 5.2x5y range 2.9x – 20.8x

Currently near its 20-quarter median.

P/B · 0.4x5y range 0.4x – 2.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $147.62M

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $28.66M
Q. Revenue: $3.79M
TTM EBITDA: $36.81M
TTM Op. Income: $29.79M
Q. Op. Income: $15.40M
TTM Net Income: $20.07M
Q. Net Income: $13.51M
EPS: $0.83
Shares Out.: $7.96M

$28.66M in TTM revenue declined 12.4% YoY, reaching $3.79M last quarter. TTM EBITDA of $36.81M and TTM operating income of $29.79M show growth is flowing through to the bottom line. TTM net income of $20.07M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 3 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 444.5%
Op. Margin: 406.3%
Net Margin: 356.3%

Op. margin of 406.3% is up 477.6% YoY — cost efficiency is improving. Net margin at 356.3% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 7.4x
P/S Ratio: 5.2x
P/B Ratio: 0.4x

At 7.4x P/E, the stock trades below typical market levels. P/S of 5.2x and P/B of 0.4x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 0% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $532.49M
Cash: $73.54M
Long-Term Debt: N/A
Book Value: $350.43M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-15.60M
TTM Free Cash Flow: $-35.66M
FCF Margin: -124.4%
FCF / Net Income: -1.8

TTM FCF of $-35.66M on $-15.60M in operating cash flow. The FCF / Net Income ratio of -1.8x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.