STRR · Star Equity Holdings, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · STRR

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$172.16M	$140.06M	$161.34M	$200.92M	$169.21M	$101.45M
Cost of Revenue	$69.90M	-	-	-	-	-
Gross Profit	$70.15M	$70.15M◇	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	$14.84M	$10.70M	$10.91M	$10.34M	$8.11M	$6.63M
Total Operating Expenses	$83.56M	$143.87M	$159.96M	$191.58M	$164.81M	$104.09M
D&A	$2.08M	$1.36M	$1.47M	$1.38M	$597.0K	$179.0K
Operating Income	($3.69M)	($3.81M)	$1.38M	$9.34M	$4.39M	($2.65M)
Interest Expense	-	-	-	-	-	-
Income Tax	$2.06M	$1.30M	$370.0K	$2.33M	$1.12M	$535.0K
Net Income	($5.92M)	($4.77M)	$2.20M	$7.13M	$3.23M	($1.24M)
EPS - Basic	($1.85)	($1.59)	$0.72	$2.37	($0.43)	-
EPS - Diluted	($1.85)	($1.59)	$0.70	$2.27	($0.43)	-

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$10.27M	$17.01M	$22.61M	$27.12M	$21.71M	$25.81M
Accounts Receivable	$35.22M	$20.09M	$19.71M	$26.27M	$25.75M	$13.45M
Inventory	$6.99M	-	-	-	-	-
Accounts Payable	$4.77M	$1.79M	$868.0K	$1.68M	$871.0K	$576.0K
Current Assets	$62.49M	$40.14M	$45.85M	$55.51M	$49.16M	$40.29M
Total Assets	$113.23M	$52.58M	$60.96M	$67.94M	$61.24M	$45.39M
Current Liabilities	$29.83M	$11.22M	$11.21M	$21.12M	$19.69M	$10.01M
Long-term Debt	$6.52M◇	$0◇	-	-	-	-
Total Liabilities	$47.52M	$12.15M	$12.40M	$22.15M	$21.93M	$11.11M
Stockholders' Equity	$65.71M	$40.43M	$48.55M	$45.79M	$39.32M	$34.28M
Retained Earnings	($435.93M)	($430.02M)	($425.25M)	($427.39M)	($434.52M)	($437.75M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	($7.25M)	($2.79M)	$315.0K	$9.45M	$2.51M	($1.43M)
Investing Cash Flow	$4.57M	$1.06M	($2.15M)	($1.33M)	($6.30M)	($4.02M)
Financing Cash Flow	($1.96M)	($3.10M)	($2.45M)	($2.04M)	($4.0K)	($927.0K)
CapEx	$1.70M	$18.0K	$99.0K	$504.0K	$284.0K	$22.0K
Free Cash Flow	($8.96M)	($2.81M)	$216.0K	$8.95M	$2.22M	($1.45M)

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	40.7%	50.1%	-	-	-	-
Operating margin	-2.1%	-2.7%	0.9%	4.6%	2.6%	-2.6%
EBITDA margin	-0.9%	-1.7%	1.8%	5.3%	2.9%	-2.4%
Net margin	-3.4%	-3.4%	1.4%	3.5%	1.9%	-1.2%
Free cash flow margin	-5.2%	-2.0%	0.1%	4.5%	1.3%	-1.4%
FCF / Net income	1.51	0.59	0.10	1.25	0.69	1.16
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	8.6%	7.6%	6.8%	5.1%	4.8%	6.5%
Effective tax rate	-	-	14.4%	24.6%	25.7%	-
Return on assets	-5.2%	-9.1%	3.6%	10.5%	5.3%	-2.7%
Return on equity	-9.0%	-11.8%	4.5%	15.6%	8.2%	-3.6%
Return on invested capital	-4.0%	-7.4%	-	-	-	-
Liquidity
Current ratio	2.10	3.58	4.09	2.63	2.50	4.03
Quick ratio	1.86	3.58	4.09	2.63	2.50	4.03
Cash ratio	0.34	1.52	2.02	1.28	1.10	2.58
Leverage
Debt / Equity	0.10	0.00	-	-	-	-
Debt / Assets	0.06	0.00	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	-	-	-	-	-	-
Equity multiplier	1.72	1.30	1.26	1.48	1.56	1.32
Liabilities / Assets	0.42	0.23	0.20	0.33	0.36	0.24
Efficiency
Asset turnover	1.52	2.66	2.65	2.96	2.76	2.24
Inventory turnover	10.00	-	-	-	-	-
Days sales outstanding	75d	52d	45d	48d	56d	48d
Days inventory outstanding	36d	-	-	-	-	-
Days payable outstanding	25d	-	-	-	-	-
Cash conversion cycle	86d	-	-	-	-	-
Valuation
P / E	-	-	22.1x	10.0x	-	-
P / B	0.5x	1.0x	1.0x	1.6x	2.2x	0.9x
P / S	0.2x	0.3x	0.3x	0.4x	0.5x	0.3x
EV / EBITDA	-	-	9.1x	4.1x	13.1x	-
Growth
Revenue growth (YoY)	22.9%	-13.2%	-19.7%	18.7%	66.8%	8.1%
Revenue CAGR (3y)	-5.0%	-6.1%	16.7%	28.9%	41.6%	-
Revenue CAGR (5y)	11.2%	8.3%	22.0%	-	-	-
Gross profit growth (YoY)	0.0%	-	-	-	-	-
Operating income growth (YoY)	3.2%	-	-85.2%	112.5%	-	-59.3%
Net income growth (YoY)	-24.0%	-	-69.2%	120.9%	-	-30.2%
EPS growth (YoY)	-16.4%	-	-69.2%	-	-	-
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	-219.4%	-	-97.6%	302.4%	-	70.5%
FCF CAGR (5y)	-	-	-	56.4%	-	-
Book value growth (YoY)	62.5%	-16.7%	6.0%	16.5%	14.7%	-4.9%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$172.37M total

Business Services Segment$139.65M · 81.0%

Building Solutions Segment$27.58M · 16.0%

Energy Services Segment$4.93M · 2.9%

Investment Segment$212.0K · 0.1%

Product / service

$339.81M total

Business Services$139.65M · 41.1%

Revenue From Contracting Customers$71.27M · 21.0%

Revenue From RPOCustomers$68.38M · 20.1%

Building Solutions$27.58M · 8.1%

Revenue From Other Contracts With Customers$27.58M · 8.1%

Energy Services$4.93M · 1.5%

Lost In Hole Equipment$418.0K · 0.1%

Geographic

$172.16M total

AU$68.84M · 40.0%

US$60.50M · 35.1%

Other$21.72M · 12.6%

GB$21.10M · 12.3%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

-1.06

Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

1/9

Weak

✗Net income positive
✗Operating cash flow positive
✓ROA improved YoY
✗Cash flow > net income
✗Long-term debt decreased
✗Current ratio improved
✗No share dilution
✗Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Services-Help Supply Services

Company	Revenue (last FY)	Net margin	ROE
KFRC	$1.33B	2.6%	27.9%
KELYA	$4.25B	-6.0%	-26.0%
TBI	-	-	-17.5%
NSP	$6.81B	-0.1%	-15.2%
CCRN	$1.05B	-9.0%	-29.4%

Comparing Star Equity Holdings against the 5 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months

Ex-date	Per share
Jun 10, 2016	$0.5000
Mar 11, 2016	$0.5000

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.