Star Equity Holdings, Inc.

STRR Industrials Staffing & Employment Services

Star Equity Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $172.2 million, up 22.9% from fiscal 2024.

Revenue
+54.6%
EPS
−117.4%
Free cash flow
−3,038.2%

Quarter to June 2026, against a year earlier

9.55 0.06 −0.62%
Market cap
$35.1M
P/E
0.0×
Fwd P/E
−4.3×
Dividend yield
—
F-score
1/9
Altman Z
−3.18
Beneish M
−0.97
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 4.25
Sold, $m 3.59
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy 3 — — 4 — 5 12 — — — — —
Sell 3 — — 2 — — — — — — 7 —
Insider Ownership 40.87%

Capital & Financial Ratios $m

Size
Market Cap 35.05
Revenue ttm 209.75
Net income ttm (9.11)
Free cash flow ttm (9.94)
Net debt Q (7.51)
Valuation
P/E 0.00
Forward P/E (4.34) (negative: loss-making)
Price / sales 0.17
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.59
Financial health
Current ratio Q 1.96 (at or above 1.5: strong)
Debt / equity Q 0.09 (at or below 0.5: strong)
Interest coverage Q 14.19
Growth
Revenue growth Q +54.58% (above 0%: growing)
Operating income growth Q −549.29% (below 0%: shrinking)
EPS, this year −650.00% (below 0%: weak)
EPS, next year A +175.00% (at or above 15%: strong)
Revenue, next year A +28.43% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +44.22% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 9.42%
10-year low 10-year high
P/B against its own 10 years 5.43%
10-year low 10-year high
EV/Sales against its own 10 years 32.49%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2016–23
−100.0%/yr
  1. 2.00 ’16
  2. 1.05 ’17 −48
  3. 0.83 ’18 −21
  4. 0.00 ’19 −100
  5. 0.00 ’20
  6. 0.00 ’21
  7. 0.00 ’22
  8. 0.00 ’23
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 23 17 16 13
Receivables 20 20 35 35
Inventory — — 7 7
Other — — — —
46 40 62 58
2023 2024 2025 Q'26
Payables 1 2 5 5
ST’ Debt — — — —
Other — — — —
11 11 30 29

Compound Annual Growth %

10y 5y 3y
Sales (9.42%) 11.16% (5.02%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.72% 13.90% 12.79%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (1.01) (0.50) — — —
’25 (0.59) (0.23) (0.56) (0.67) (1.85)
’24 (0.95) (0.15) (0.28) (0.20) (1.59)
’23 0.11 0.18 0.17 0.23 0.70
’22 0.97 0.98 0.30 0.02 2.27
’21 (0.07) (0.04) 0.49 0.67 1.07
’20 (0.17) (0.27) (0.41) 0.41 (0.43)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 50 55 — — —
’25 32 36 48 57 172
’24 34 36 37 34 140
’23 43 45 39 34 161
’22 52 57 49 44 201
’21 34 40 45 50 169
’20 24 25 25 27 101
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) (2) — — —
’25 (1) 0 (3) (4) (7)
’24 (2) (4) 1 2 (3)
’23 (5) 3 (1) 3 0
’22 (2) 8 0 4 9
’21 (2) 1 2 2 3
’20 (3) 2 (1) 0 (1)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 1 (3) — — —
’25 (1) 0 (3) (4) (8)
’24 (2) (4) 1 2 (3)
’23 (5) 3 (1) 3 0
’22 (2) 8 0 4 9
’21 (2) 1 2 2 2
’20 (3) 2 (1) 0 (1)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 423 60 67 94 101 169 201 161 140 172 210 (9.5%) 221 249 236 +11.0%
Gross margin, % 41.26 70.55 62.91 46.44 38.52 40.28 49.38 49.75 50.09 46.39 42.04 +5.1 pt
EBT (8) (2) (5) (1) (1) 4 9 3 (3) (4) (7) (8.0%)
EBT margin, % (1.94) (3.31) (7.72) (1.47) (0.70) 2.57 4.71 1.59 (2.48) (2.24) (3.54) (0.3) pt
Net income (9) (3) 8 (1) (1) 3 7 2 (5) (6) (9) (4.3%)
Per share, $
Per share, $ Revenue 127.43 18.57 20.38 29.96 34.85 58.01 66.73 52.66 46.69 53.83 56.63 (9.1%)
Earnings (2.60) (0.90) 2.40 (0.30) (0.43) 1.11 2.37 0.72 (1.59) (1.85) (2.74) (3.7%)
Cash flow (2.84) 0.69 (4.72) (1.54) (0.49) 0.86 3.14 0.10 (0.93) (2.27) (2.62) (2.5%)
Capex (0.82) (0.46) (0.14) (0.03) (0.01) (0.10) (0.17) (0.03) (0.01) (0.34) (0.06) (9.2%)
Free cash flow (3.66) 0.23 (4.86) (1.57) (0.50) 0.76 2.97 0.07 (0.93) (2.61) (2.68) (3.7%)
Book value 12.63 13.44 12.32 11.51 11.78 13.48 15.21 15.85 13.48 20.55 16.14 +5.6%
Shares, m 3 3 3 3 3 3 3 3 3 3 3 (0.4%)
Valuation, ×
Valuation, × P/E 0.00 0.00 5.63 0.00 0.00 26.36 9.92 21.92 0.00 0.00 0.00 6.4
P/S 0.11 1.17 0.66 0.40 0.30 0.50 0.35 0.30 0.28 0.21 0.17 0.4
P/B 1.12 1.62 1.10 1.04 0.89 2.15 1.55 1.00 0.97 0.55 0.59 1.2
EV/Sales 0.08 1.22 0.18 0.07 0.05 0.38 0.22 0.17 0.16 0.16 0.14 0.3
EV/FCF (2.76) 99.20 (0.75) (1.32) (3.33) 29.25 4.99 123.59 (8.19) (3.22) (2.88) 23.7
Cash, $m
Cash, $m Operating cash flow (9) 2 (16) (5) (1) 3 9 0 (3) (7) (10) (2.9%)
Capex (3) (1) 0 0 0 0 (1) 0 0 (1) 0 (9.6%)
Free cash flow (12) 1 (16) (5) (1) 2 9 0 (3) (8) (10) (4.1%)
Balance, $m
Balance, $m Working capital 34 37 42 35 30 29 34 35 29 33 28 (0.3%)
Net debt (13) (6) (41) (31) (26) (21) (27) (23) (17) (10) (8) (3.4%)
Shareholders’ equity 42 43 40 36 34 39 46 49 40 66 60 +5.1%
Returns, %
Returns, % ROA (7.75) (2.76) 9.55 (1.91) (2.70) 6.05 11.04 3.41 (8.40) (8.03) (13.49) (0.3) pt
ROIC (16.65) (3.01) 0.00 (21.38) (19.82) 14.74 30.95 3.38 (10.38) (4.12) (8.53) +12.5 pt
ROE (17.06) (6.92) 18.81 (2.50) (3.54) 8.77 16.75 4.66 (10.72) (12.54) (22.11) +4.5 pt
People
People Employees 1,600 1,500 350 390 380 1,300 1,440 1,050 980 1,200 — (3.1%)
Revenue/emp, $m 0.26 0.04 0.19 0.24 0.27 0.13 0.14 0.15 0.14 0.14 — (6.6%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Star Equity Holdings, Inc. vs peers in Staffing & Employment Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
KELYB Kelly Services, Inc. $659.7M — (loss-making) — −0.83% (below 0%: shrinking) n/m −97.46% (below 0%: shrinking) 20.97% 0.06% Compare
KELYA Kelly Services, Inc. $515.3M — (loss-making) 25.8× −0.83% (below 0%: shrinking) n/m −97.46% (below 0%: shrinking) 20.97% 0.06% Compare
TBI TrueBlue, Inc. $376.3M — (loss-making) — (loss-making) +20.75% (above 0%: growing) n/m −20.85% (below 0%: shrinking) 20.55% 2.30% Compare
HQI HireQuest, Inc. $239.2M 29.2× 24.0× +6.04% (above 0%: growing) +150.00% (above 0%: growing) −37.48% (below 0%: shrinking) 100.00% 41.28% Compare
MHH Mastech Digital, Inc $76.6M 68.9× — (loss-making) −13.42% (below 0%: shrinking) −99.25% (below 0%: shrinking) −60.92% (below 0%: shrinking) 28.70% 0.03% Compare
BGSF BGSF, Inc. $37.7M — (loss-making) — (loss-making) −5.08% (below 0%: shrinking) n/m −110.71% (below 0%: shrinking) 35.49% (5.33%) Compare
STRR Star Equity Holdings, Inc. $35.1M — (loss-making) — (loss-making) +54.58% (above 0%: growing) n/m −3,038.24% (below 0%: shrinking) 41.49% (2.49%)
CIRC Circle8 Group, Inc. $24.1M — (loss-making) — +210.80% (above 0%: growing) n/m +59.31% (above 0%: growing) 7.44% (4.81%) Compare
JOB GEE Group Inc. $20.9M — (loss-making) 5.7× −15.32% (below 0%: shrinking) n/m +94.57% (above 0%: growing) 39.88% 1.82% Compare
Median of peers $157.9M — 24.0× −0.83% — −49.20% 24.84% 0.06%

All 18 Staffing & Employment Services stocks →

Pay and ownership Proxy statement filed 30 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 606.96k 543.67k 49.71
2024 410.35k 373.80k 57.67
2023 409.90k 166.96k 68.45

Ownership

Directors and executive officers, together 31.60%
Jeffrey E. Eberwein 27.40%
Mink Brook Capital GP LLC 8.50% of the votes
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Star Equity Holdings, Inc. (STRR) Latest News

21 Aug

Impact 4 · · The Motley Fool transcript

15 Aug

Impact 3 · · Moby transcript

22 May

Impact 3 · · Simply Wall St.

13 May

Impact 3 · · Moby transcript

17 Mar

Impact 4 · · Associated Press Finance

27 Jan

Impact 4 · · The Motley Fool transcript

22 Jan

13 Dec

22 Nov

25 Sep

Impact 3 · · ZacksSimply Wall St.Insider Monkey
stockrow.com/STRR · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com