Company Analysis

Stratus Properties Inc. (STRS)

OTC: STRS · Land Subdividers & Developers (No Cemeteries) · Austin, TX · filing with the SEC since 1994
Grade3.4
◀ Past 2.7● Present 4.8▶ Future 2.4
1 est.

The grade of Stratus Properties Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.4/10
◀ Past2.740% of the headline
● Present4.835% of the headline
▶ Future2.425% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.7/1040% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
2.0/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2026-07-01.

weight 33% of this tense · 20th percentile among 15 sector filers · read for itself

From the record

Stratus Properties Inc.'s filings since 2017 show 2 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2026-07-01); an auditor change (8-K item 4.01, the latest 2022-11-14) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.3/10

What has it actually done, year after year?

-10.4% a year over 10 filed years; profitable in 4 of 10.

weight 45% of this tense · 13th percentile among 14 sector filers · read for its customers

From the record

Stratus Properties Inc.'s 10 filed years say what it did: revenue went from $80 million in fiscal 2016 to $30 million in fiscal 2025, down 10.4% a year; it rose in 3 of 9 years; the deepest fall was 81% from fiscal 2019 to fiscal 2023; net income was positive in 4 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-10.4%bottom 11% of its family
  • the share of years revenue rosebottom 11% of its family
  • the share of filed years with a profitbottom 25% of its family
  • the deepest fall from a revenue peak81.3%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
6.8/10

How has it treated the people who own it?

SI estimate 6.8/10, confidence 35 of 100 (one part).

weight 22% of this tense · 68th percentile among 14 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 32% of 14 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 14 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Stratus Properties Inc.'s shareholder treatment is put at 6.8 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 32% of 14 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.8/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
5.0/10

Is it financially healthy right now?

ROE 1%: 1¢ of profit per shareholder dollar. Leverage 38%: owes 38¢ per asset dollar.

weight 33% of this tense · 50th percentile among 14 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Stratus Properties Inc. earned about 1 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned less than nothing, about minus 1 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 38 cents per dollar of assets, and net share issuance: its share count shrank 0.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 25% of its family
  • return on equitybottom 42% of its family
  • gross profit against assetsbottom 8% of its family
  • the share count against the year beforetop 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
2.6/10

How strong is its position in its industry?

bottom 26% of 15 in its family; net margin 9.4%.

weight 45% of this tense · 26th percentile among 15 sector filers · read for its customers

From the record

Stratus Properties Inc.'s standing among 15 graded names in its industry family: revenue of $30 million in fiscal 2025 ranks in the bottom 19% by size; a net margin of 9.4% ranks in the top 43%; revenue growth of -7.3% a year over the last 3 filed years ranks in the bottom 4% (its annual reports).

What it rests on

  • revenue against the family$29.9Mbottom 19% of its family
  • net margin9.4%top 43% of its family
  • three-year revenue growth-7.3%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
8.8/10

What are the people in charge doing?

top 12% of 7 in its family for leadership; chief executive since 2006.

weight 22% of this tense · 88th percentile among 7 sector filers · read for its shareholders

From the record

Stratus Properties Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Armstrong, William H III (Chair of Board, President, CEO, as filed), filing under that title since 2006-01-03, 20.9 years (top 7% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 12.8 years (top 21%); no officer or director change was reported on Form 8-K since 2023-11-13, against the 8 people in charge now (top 7%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge0 in three years among 8 peopletop 7% of its family
  • the median years the people in charge have filed12.8 yearstop 21% of its family
  • the chief executive's years on the record20.9 yearstop 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

2.4/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.1/10

How much room does it have to grow?

bottom 21% of 14 in its family for room to expand.

weight 33% of this tense · 21st percentile among 14 sector filers · read for itself

From the record

Stratus Properties Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $74 million against debt of $143 million leaves -12.2% of its assets as net cash, top 50% of its family; cash from operations less capital spending is -99.9% of revenue (bottom 4%); a gross margin of -23.9% (bottom 8%) (its annual report).

What it rests on

  • cash less debt against assets-12.2%top 50% of its family
  • cash from operations less capital spending against revenue-99.9%bottom 4% of its family
  • gross margin-23.9%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.2/10

What could actually drive growth from here?

bottom 32% of 14 in its family for growth drivers.

weight 33% of this tense · 32nd percentile among 14 sector filers · read for its customers

From the record

Stratus Properties Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -7.3% a year over the last three filed years against -10.4% over all 10, speeding up (top 39% of its family); the newest year grew -44.8% (bottom 4%) (its annual reports). Stratus Properties Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+3.1 points a yeartop 39% of its family
  • the newest year's revenue growth-44.8%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
1.8/10

Did its newest year beat what its own record pointed to?

bottom 18% of 14 in its family for expectations against reality.

weight 33% of this tense · 18th percentile among 14 sector filers · read for its shareholders

From the record

Stratus Properties Inc.'s newest year against its own record: revenue of $30 million in fiscal 2025 came in 54.1% below the $65 million its prior three years' pace pointed to (bottom 11% of its family); net income of $3 million against a prior three-year average of $24 million (bottom 25%); a net margin of 9.4% against 46.8% before (bottom 18%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-54.1%bottom 11% of its family
  • net income against the prior three years' average-88%bottom 25% of its family
  • net margin against its prior average-37.4 pointsbottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton STRS · research, not advice