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SRH Total Return Fund Inc. (STEW) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · ASSET MANAGEMENT · DATA UPDATED 2026-09-13

SRH Total Return Fund Inc. (STEW) operates in the ASSET MANAGEMENT industry and is headquartered in Denver, United States. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-11-30, STEW reported $102M in revenue and $174M in net income.

SRH Total Return Fund, Inc. is a closed-ended balanced mutual fund launched and managed by Paralel Advisors LLC. Rocky Mountain Advisers, LLC serves as the Fund's sub-adviser. The fund invests in equity and fixed-income markets across the globe.

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STEW Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-05-312025-11-302024-11-302023-11-302022-11-302021-11-302020-11-302019-11-302018-11-302017-11-30
Total Revenue$116M$102M$83M$83M$66M$276M($2M)$61M$98M$251M
Gross Profit$92M$79M$63M$66M$66M$276M($2M)$61M$98M$251M
Gross Margin %79.8%77.7%75.4%78.8%100.0%100.0%100.0%100.0%100.0%100.0%
Operating Income (EBIT)$141M$180M$554M$147M$64M$280M($3M)$59M$95M$248M
Operating Margin %122.1%177.0%664.2%176.4%96.1%101.4%177.1%96.4%96.9%98.9%
Net Income$148M$174M$547M$140M$64M$274M($4M)$59M$95M$247M
Net Margin %127.8%170.8%656.6%168.8%96.1%99.2%199.3%96.4%96.7%98.6%
EBITDA$154M$180M$554M$147M$64M$280M($3M)$59M$95M$248M
Earnings Per Share (EPS)$1.53$1.81$5.68$1.45$0.66$2.79$-0.04$0.59$0.91$2.32
Shares Outstanding (M)96M96M96M97M97M98M98M100M104M107M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

STEW Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-05-312025-11-302025-05-312024-11-302024-05-312023-11-302023-05-31
Total Revenue$68M$48M$18M$36M$48M$44M$39M
Gross Profit$56M$36M$18M$25M$38M$35M$31M
Gross Margin %82.7%75.6%100.0%70.3%79.3%79.3%78.3%
Operating Income (EBIT)($33M)$174M$6M$332M$222M$176M($29M)
Operating Margin %-48.8%365.5%34.9%933.4%463.8%402.1%-74.8%
Net Income($36M)$184M($10M)$329M$219M$173M($32M)
Net Margin %-53.4%386.0%-55.3%924.3%457.4%394.7%-82.5%
EBITDA($33M)$187M$6M$332M$222M$176M($29M)
Earnings Per Share (EPS)$-0.38$1.91$-0.10$3.41$2.26$1.78$-0.33
Shares Outstanding (M)96M96M96M96M97M97M97M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

STEW Free Cash Flow History

Cash flowTTM → 2026-05-312025-11-302024-11-302023-11-302022-11-302021-11-302020-11-302019-11-302018-11-302017-11-30
Cash from Operations (CFO)$5M$3M$63M$52M$53M$46M($140M)($140M)($140M)$44M
Capital Expenditures (CapEx)$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M
Free Cash Flow (FCF)$5M$3M$63M$52M$53M$46M($140M)($140M)($140M)$44M
FCF Margin %4.6%3.3%75.0%62.8%79.1%16.5%7087.7%-228.3%-143.2%17.6%
Dividends Paid$70M$64M$53M$49M$47M$40M$41M$41M$41M$43M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

STEW Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-05-312025-11-302025-05-312024-11-302024-05-312023-11-302023-05-312023-02-28
Cash from Operations (CFO)$5M$0M$32M($3M)$8M$4M$11M$12M
Capital Expenditures (CapEx)$0M$0M$0M$0M$0M$0M$0M$0M
Free Cash Flow (FCF)$5M$0M$32M($3M)$8M$4M$11M$12M
FCF Margin %8.1%-0.3%178.7%-7.1%16.9%8.5%27.5%
Dividends Paid$39M$32M$32M$27M$27M$24M$24M$12M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

STEW Balance Sheet History

Balance sheet2026-05-312025-11-302024-11-302023-11-302022-11-302021-11-302020-11-302019-11-302018-11-302017-11-30
Total Assets$2.4B$2.5B$2.4B$1.9B$1.8B$1.8B$1.6B$1.4B$1.4B$1.4B
Cash & Cash Equivalents$0M$0M$0M
Total Liabilities$245M$236M$232M$226M$225M$224M$264M$2M$2M$52M
Total Debt (Short + Long-Term)$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M
Total Shareholders' Equity$2.2B$2.2B$2.1B$1.6B$1.5B$1.5B$1.3B$1.4B$1.4B$1.4B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive STEW viewer.

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