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Kaanapali Land vs Stratus Properties: revenue, profit, margins and growth compared

Kaanapali Land brought in $1.6M of revenue in fiscal 2025, Stratus Properties $29.9M in fiscal 2025. Revenue changed by -15.7% at Kaanapali Land and -44.8% at Stratus Properties on the year before, so Kaanapali Land grew faster. Kaanapali Land kept -226.5% of its revenue as net profit, Stratus Properties 40.1%. Free cash flow was -$7.5M at Kaanapali Land and -$38M at Stratus Properties.

Side by side, latest fiscal year

KANPSTRS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$1.6M$29.9M
Revenue growth-15.7%-44.8%
Net income-$3.7M$12M
Net margin-226.5%40.1%
Free cash flow-$7.5M-$38M
Free cash flow margin-455.9%-127.2%
Earnings per share (diluted)-$2.02$1.47
Cash$15.8M$74.3M
Debtn/an/a
Price to earningsn/a12.3
Market value$53.6M$144.6M
Dividend yieldn/an/a
Rank by revenue in sector#222 of 230 · Real estate#187 of 230 · Real estate

Over the years

Revenue
KANP FY2018: $6.4MKANP FY2019: $4.2MKANP FY2020: $3.4MKANP FY2021: $4.8MKANP FY2022: $9.2MKANP FY2023: $5.3MKANP FY2024: $2MKANP FY2025: $1.6MSTRS FY2018: $25MSTRS FY2019: $92.2MSTRS FY2020: $44.3MSTRS FY2021: $28.2MSTRS FY2022: $37.5MSTRS FY2023: $17.3MSTRS FY2024: $54.2MSTRS FY2025: $29.9MFY18FY19FY20FY21FY22FY23FY24FY25
KANP $1.6MSTRS $29.9M
Net income
KANP FY2018: -$2.9MKANP FY2019: -$3.6MKANP FY2020: -$3.7MKANP FY2021: $245KKANP FY2022: $2.9MKANP FY2023: $3.7MKANP FY2024: -$1.1MKANP FY2025: -$3.7MSTRS FY2018: -$4MSTRS FY2019: -$2.5MSTRS FY2020: -$22.8MSTRS FY2021: $57.4MSTRS FY2022: $90.4MSTRS FY2023: -$14.8MSTRS FY2024: $2MSTRS FY2025: $12MFY18FY19FY20FY21FY22FY23FY24FY25
KANP -$3.7MSTRS $12M
Net margin
KANP FY2018: -45.3%KANP FY2019: -86.7%KANP FY2020: -111.5%KANP FY2021: 5.2%KANP FY2022: 30.9%KANP FY2023: 70.6%KANP FY2024: -55.9%KANP FY2025: -226.5%STRS FY2018: -15.9%STRS FY2019: -2.7%STRS FY2020: -51.4%STRS FY2021: 203.3%STRS FY2022: 241.1%STRS FY2023: -85.7%STRS FY2024: 3.6%STRS FY2025: 40.1%FY18FY19FY20FY21FY22FY23FY24FY25
KANP -226.5%STRS 40.1%
Revenue growth
KANP FY2019: -34.8%KANP FY2020: -19.9%KANP FY2021: +41.8%KANP FY2022: +94.1%KANP FY2023: -43.0%KANP FY2024: -62.9%KANP FY2025: -15.7%STRS FY2019: +268.9%STRS FY2020: -51.9%STRS FY2021: -36.3%STRS FY2022: +32.8%STRS FY2023: -53.9%STRS FY2024: +213.7%STRS FY2025: -44.8%FY19FY20FY21FY22FY23FY24FY25
KANP -15.7%STRS -44.8%
Free cash flow
KANP FY2018: -$2MKANP FY2019: -$5.5MKANP FY2020: -$6.1MKANP FY2021: -$1.4MKANP FY2022: $2.6MKANP FY2023: $6.3MKANP FY2024: -$5.8MKANP FY2025: -$7.5MSTRS FY2018: -$93.8MSTRS FY2019: -$64.9MSTRS FY2020: -$10.2MSTRS FY2021: -$73.2MSTRS FY2022: -$110.1MSTRS FY2023: -$97.2MSTRS FY2024: -$35MSTRS FY2025: -$38MFY18FY19FY20FY21FY22FY23FY24FY25
KANP -$7.5MSTRS -$38M

Fiscal years as each company reports them; the two may end in different months.

Questions about Kaanapali Land and Stratus Properties

Which is bigger by revenue, Kaanapali Land or Stratus Properties?

Stratus Properties is bigger by revenue: $29.9M in fiscal 2025, against $1.6M for Kaanapali Land in fiscal 2025.

Which keeps more of its revenue as profit, Kaanapali Land or Stratus Properties?

Kaanapali Land had a net margin of -226.5% in fiscal 2025; Stratus Properties had 40.1% in fiscal 2025.

Which grew revenue faster, Kaanapali Land or Stratus Properties?

In their latest fiscal years revenue changed by -15.7% at Kaanapali Land and -44.8% at Stratus Properties.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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