Growth & profitability
- Revenue has declined 20.2% per year over the past 4 years.
Financial health
- Total debt ($269M) exceeds cash ($67M); net debt is $202M.
- Total debt has grown faster than revenue (18.0% vs -20.2% per year).
STHO Financials Star Holdings
5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $110M | -$64M | 0.0% | 0.0% | — | $269M | $67M |
| 2024 | $113M | -$87M | 0.0% | 0.0% | — | $217M | $46M |
| 2023 | $123M | -$196M | 0.0% | 0.0% | — | $193M | $61M |
| 2022 | $124M | -$36M | 0.0% | 0.0% | — | — | $7M |
| 2021 | $272M | $63M | 0.0% | 0.0% | — | — | $17M |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $21M | -$10M | 0.0% | 0.0% | — | $207M | $62M |
| Dec '25 | $25M | -$19M | 0.0% | 0.0% | — | $269M | $67M |
| Sep '25 | $28M | $2M | 0.0% | 0.0% | — | $259M | $56M |
| Jun '25 | $42M | -$39M | 0.0% | 0.0% | — | $245M | $56M |
| Mar '25 | $15M | -$8M | 0.0% | 0.0% | — | $231M | $43M |
| Dec '24 | $33M | -$103M | 0.0% | 0.0% | — | $217M | $46M |
| Sep '24 | $25M | $92M | 0.0% | 0.0% | — | $201M | $55M |
| Jun '24 | $31M | -$27M | 0.0% | 0.0% | — | $197M | $58M |
| Mar '24 | $25M | -$49M | 0.0% | 0.0% | — | $195M | $56M |
| Dec '23 | $37M | $66M | 0.0% | 0.0% | — | $193M | $61M |
| Sep '23 | $44M | -$82M | 0.0% | 0.0% | — | $213M | $51M |
| Jun '23 | $25M | -$90M | 0.0% | 0.0% | — | $227M | $58M |
| Mar '23 | $17M | -$91M | 0.0% | 0.0% | — | $252M | $75M |
| Dec '22 | $18M | -$32M | 0.0% | 0.0% | — | — | $7M |
| Sep '22 | $38M | $18M | 0.0% | 0.0% | — | — | $32M |
| Jun '22 | $41M | -$21M | 0.0% | 0.0% | — | — | $19M |
| Mar '22 | $27M | -$520000 | 0.0% | 0.0% | — | — | $20M |
Valuation over time
How the market has priced STHO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-sales ratio has fallen from 1.7× (Mar '23) to 1.0× (Jun '26).
P/S
Frequently asked questions
Is STHO growing its revenue and profit?
Over the past 4 years, Star Holdings's revenue has declined 20.2% per year. These are computed facts, not advice.
How much debt does STHO have?
As of FY2025, Star Holdings reported $269M of total debt against $67M of cash.
What is STHO's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin -58.3%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.