Centerspace Inc. | Small-cap | Real Estate
$58.04
-1.28%
| Centerspace Stock Comparison:
Centerspace vs AvalonBayCenterspace vs Equity ResidentialCenterspace vs NexPoint ResidentialCenterspace vs Elme CommunitiesCenterspace vs Veris ResidentialCenterspace vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 68.5M
Gross Profit 39.6M 57.81%
Operating Income 8.1M 11.88%
Net Income -16.8M -24.49%
EPS (Diluted) $-0.87

Balance Sheet Metrics

Total Assets 1.9B
Total Liabilities 1.0B
Shareholders Equity 880.0M
Debt to Equity 1.15

Cash Flow Metrics

Operating Cash Flow 26.7M
Free Cash Flow 25.4M

Revenue & Profitability Trend

Centerspace Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 261.0M 261.3M 256.7M 201.7M 178.0M
Cost of Goods Sold i 112.4M 115.2M 118.5M 90.6M 79.0M
Gross Profit i 148.6M 146.1M 138.2M 111.1M 99.0M
Gross Margin % i 56.9% 55.9% 53.8% 55.1% 55.6%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 17.8M 20.1M 17.5M 16.2M 13.4M
Other Operating Expenses i - - - - -
Total Operating Expenses i 17.8M 20.1M 17.5M 16.2M 13.4M
Operating Income i 24.4M 24.4M 15.4M 2.7M 10.0M
Operating Margin % i 9.3% 9.3% 6.0% 1.3% 5.6%
Non-Operating Items
Interest Income i 2.6M 1.2M 1.2M - -
Interest Expense i 37.3M 36.4M 32.8M 32.0M 29.1M
Other Non-Operating Income -3.9M 60.1M -1.6M 27.2M 23.8M
Pre-tax Income i -14.2M 49.2M -17.6M -2.1M 4.7M
Income Tax i - - - - -
Effective Tax Rate % i 0.0% 0.0% 0.0% 0.0% 0.0%
Net Income i -14.2M 49.2M -17.6M -2.1M 4.7M
Net Margin % i -5.4% 18.8% -6.9% -1.0% 2.7%
Key Metrics
EBITDA i 134.6M 126.7M 121.3M 95.5M 84.9M
EPS (Basic) i $-1.27 $2.33 $-1.35 $-0.47 $-0.15
EPS (Diluted) i $-1.27 $2.32 $-1.35 $-0.47 $-0.15
Basic Shares Outstanding i 15504000 14994000 15216000 13738298 11933333
Diluted Shares Outstanding i 15504000 14994000 15216000 13738298 11933333

Income Statement Trend

Centerspace Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 12.0M 8.6M 10.5M 31.3M 392.0K
Short-term Investments i - - - - -
Accounts Receivable i 792.0K 614.0K 773.0K 1.0M 859.0K
Inventory i - - - - -
Other Current Assets 4.6M 13.1M 8.5M 9.7M 5.7M
Total Current Assets i 51.9M 30.0M 27.0M 98.8M 44.9M
Non-Current Assets
Property, Plant & Equipment i - - - - -
Goodwill i 3.0M 3.7M 3.8M 9.1M 3.1M
Intangible Assets i 2.0M 2.7M 2.1M 7.4M 1.2M
Long-term Investments - - - - -
Other Non-Current Assets 2.0M 862.0K 1.5M 2.1M 1.2M
Total Non-Current Assets i 1.9B 1.9B 2.0B 1.8B 1.4B
Total Assets i 1.9B 1.9B 2.0B 1.9B 1.5B
Liabilities
Current Liabilities
Accounts Payable i - - - - -
Short-term Debt i 47.4M 30.0M 113.5M 76.0M 152.9M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i 106.7M 92.8M 172.3M 138.4M 208.5M
Non-Current Liabilities
Long-term Debt i 908.0M 886.0M 894.1M 780.0M 566.3M
Deferred Tax Liabilities i - - - - -
Other Non-Current Liabilities - - - - -
Total Non-Current Liabilities i 908.0M 886.0M 894.1M 780.0M 566.3M
Total Liabilities i 1.0B 978.8M 1.1B 918.4M 774.8M
Equity
Common Stock i 1.3B 1.2B 1.2B 1.2B 968.3M
Retained Earnings i -615.2M -548.3M -539.4M -474.3M -427.7M
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 899.0M 947.6M 966.9M 1.0B 689.4M
Key Metrics
Total Debt i 955.4M 916.0M 1.0B 856.0M 719.2M
Working Capital i -54.8M -62.7M -145.3M -39.6M -163.6M

Balance Sheet Composition

Centerspace Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i -14.2M 49.2M -17.6M -2.1M 4.7M
Depreciation & Amortization i 107.6M 103.2M 106.2M 93.1M 76.6M
Stock-Based Compensation i 3.0M 3.3M 2.6M 2.7M 2.1M
Working Capital Changes i -4.9M -760.0K -645.0K -5.4M -9.6M
Operating Cash Flow i 94.6M 157.3M 90.0M 93.5M 75.1M
Investing Activities
Capital Expenditures i - - - - -
Acquisitions i - - - - -
Investment Purchases i - - - 0 -179.0K
Investment Sales i - - 0 0 3.9M
Investing Cash Flow i -11.3M -2.0M 1.2M -22.4M -9.6M
Financing Activities
Share Repurchases i -101.7M -11.6M -33.2M 0 -5.7M
Dividends Paid i -51.2M -50.8M -51.5M -45.6M -42.2M
Debt Issuance i 130.5M 90.0M 99.5M 371.3M 0
Debt Repayment i -124.0M -365.4M -183.3M -516.7M -85.7M
Financing Cash Flow i -43.7M -431.0M -113.0M -120.9M 12.7M
Free Cash Flow i 98.2M 89.5M 92.0M 84.0M 61.2M
Net Change in Cash i 39.6M -275.6M -21.7M -49.9M 78.2M

Cash Flow Trend

Centerspace Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 27.84
Forward P/E -153.80
Price to Book 1.38
Price to Sales 3.88
PEG Ratio 0.08

Profitability Ratios

Profit Margin -8.89%
Operating Margin 11.88%
Return on Equity -3.26%
Return on Assets 0.79%

Financial Health

Current Ratio 2.30
Debt to Equity 131.53
Beta 0.75

Per Share Data

EPS (TTM) $-1.80
Book Value per Share $42.37
Revenue per Share $16.29

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
csr 1.0B 27.84 1.38 -3.26% -8.89% 131.53
AvalonBay 26.3B 22.83 2.21 9.71% 38.39% 72.58
Equity Residential 24.4B 23.57 2.16 9.08% 33.22% 75.26
NexPoint Residential 1.6B 936.25 2.32 -11.75% -19.54% 415.50
Elme Communities 1.5B -111.50 1.41 -1.31% -5.79% 66.77
Veris Residential 1.4B -58.16 1.25 -2.24% -7.68% 146.31

Financial data is updated regularly. All figures are in the company's reporting currency.