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Stocks · Real estate · Real Estate Investment Trusts

CENTERSPACE

CSR Clue Score46
United States Fiscal year ends December CIK 0000798359
$55.88 +1.77% Close, 9 Oct 2026
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Price $55.88 −42.19% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue160.1Operating income−30.1Net income43.3EPS, diluted2.58Fiscal year 2018Revenue169.7 +6.0%Operating income−23.7Net income116.8 +169.4%EPS, diluted8.71 +237.6%Fiscal year 2018Revenue121.9 −28.2%Fiscal year 2019Revenue185.8 +52.4%Operating income109.0Net income78.7EPS, diluted6.00Fiscal year 2020Revenue178.0 −4.2%Operating income33.8Net income4.4 −94.4%EPS, diluted−0.15 −102.5%Fiscal year 2021Revenue201.7 +13.3%Operating income29.9Net income−0.0 −100.7%EPS, diluted−0.47Fiscal year 2022Revenue256.7 +27.3%Operating income13.9Net income−14.1EPS, diluted−1.35Fiscal year 2023Revenue261.3 +1.8%Operating income84.5Net income41.3EPS, diluted2.32Fiscal year 2024Revenue261.0 −0.1%Operating income20.5Net income−11.3 −127.4%EPS, diluted−1.27 −154.7%Fiscal year 2025Revenue273.7 +4.9%Operating income64.5Net income17.1EPS, diluted1.02
FY2017FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 160.1 169.7 121.9 185.8 178.0 201.7 256.7 261.3 261.0 273.7
Growth +6.0% −28.2% +52.4% −4.2% +13.3% +27.3% +1.8% −0.1% +4.9%
Operating income −30.1 −23.7 n/a 109.0 33.8 29.9 13.9 84.5 20.5 64.5
Net income 43.3 116.8 n/a 78.7 4.4 −0.0 −14.1 41.3 −11.3 17.1
Growth +169.4% −94.4% −100.7% −127.4%
EPS, diluted 2.58 8.71 n/a 6.00 −0.15 −0.47 −1.35 2.32 −1.27 1.02
Growth +237.6% −102.5% −154.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2017Operating margin−18.8%Net margin27.1%Fiscal year 2018Operating margin−14.0%Net margin68.8%Fiscal year 2018Fiscal year 2019Operating margin58.7%Net margin42.4%Fiscal year 2020Operating margin19.0%Net margin2.5%Free cash flow margin33.5%Fiscal year 2021Operating margin14.8%Net margin−0.0%Free cash flow margin41.0%Fiscal year 2022Operating margin5.4%Net margin−5.5%Free cash flow margin35.8%Fiscal year 2023Operating margin32.3%Net margin15.8%Free cash flow margin34.3%Fiscal year 2024Operating margin7.8%Net margin−4.3%Fiscal year 2025Operating margin23.6%Net margin6.2%
FY2017FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −18.8% −14.0% n/a 58.7% 19.0% 14.8% 5.4% 32.3% 7.8% 23.6%
Net margin 27.1% 68.8% n/a 42.4% 2.5% −0.0% −5.5% 15.8% −4.3% 6.2%
Free cash flow margin n/a n/a n/a n/a 33.5% 41.0% 35.8% 34.3% n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow79.1Buybacks−4.5Dividends paid−55.9Fiscal year 2018Operating cash flow55.2Buybacks−9.9Dividends paid−33.7Fiscal year 2018Fiscal year 2019Operating cash flow69.6Buybacks−18.0Dividends paid−32.9Fiscal year 2020Operating cash flow61.2Capital expenditure−1.7Free cash flow59.6Buybacks0.0Dividends paid−35.0Fiscal year 2021Operating cash flow84.0Capital expenditure−1.3Free cash flow82.8 +39.0%Buybacks0.0Dividends paid−38.5Fiscal year 2022Operating cash flow92.0Capital expenditure−0.1Free cash flow91.9 +11.0%Buybacks−29.1Dividends paid−44.5Fiscal year 2023Operating cash flow89.5Capital expenditure0.0Free cash flow89.5 −2.6%Buybacks−11.5Dividends paid−43.7Fiscal year 2024Operating cash flow98.2Buybacks−4.7Dividends paid−45.8Fiscal year 2025Operating cash flow98.5Buybacks−3.5Dividends paid−51.1
FY2017FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 79.1 55.2 n/a 69.6 61.2 84.0 92.0 89.5 98.2 98.5
Capital expenditure n/a n/a n/a n/a −1.7 −1.3 −0.1 0.0 n/a n/a
Free cash flow n/a n/a n/a n/a 59.6 82.8 91.9 89.5 n/a n/a
Growth +39.0% +11.0% −2.6%
Buybacks −4.5 −9.9 n/a −18.0 0.0 0.0 −29.1 −11.5 −4.7 −3.5
Dividends paid −55.9 −33.7 n/a −32.9 −35.0 −38.5 −44.5 −43.7 −45.8 −51.1

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash28.8Total debt566.0Net cash (debt)−537.2Shareholders’ equity560.9Debt to equity1.01Fiscal year 2018Cash11.9Total debt509.9Net cash (debt)−498.0Shareholders’ equity605.7Debt to equity0.84Fiscal year 2018Cash13.8Total debt444.2Net cash (debt)−430.4Shareholders’ equity568.8Debt to equity0.78Fiscal year 2019Cash26.6Shareholders’ equity619.1Fiscal year 2020Cash0.4Shareholders’ equity618.2Fiscal year 2021Cash31.3Total debt859.8Net cash (debt)−828.5Shareholders’ equity772.0Debt to equity1.11Fiscal year 2022Cash10.5Total debt1,011.8Net cash (debt)−1,001.3Shareholders’ equity729.5Debt to equity1.39Fiscal year 2023Cash8.6Total debt916.0Net cash (debt)−907.4Shareholders’ equity709.8Debt to equity1.29Fiscal year 2024Cash12.0Total debt955.4Net cash (debt)−943.4Shareholders’ equity752.0Debt to equity1.27Fiscal year 2025Cash12.8Total debt1,021.2Net cash (debt)−1,008.3Shareholders’ equity719.2Debt to equity1.42
FY2017FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 28.8 11.9 13.8 26.6 0.4 31.3 10.5 8.6 12.0 12.8
Total debt 566.0 509.9 444.2 n/a n/a 859.8 1,011.8 916.0 955.4 1,021.2
Net cash (debt) −537.2 −498.0 −430.4 n/a n/a −828.5 −1,001.3 −907.4 −943.4 −1,008.3
Shareholders’ equity 560.9 605.7 568.8 619.1 618.2 772.0 729.5 709.8 752.0 719.2
Debt to equity 1.01 0.84 0.78 n/a n/a 1.11 1.39 1.29 1.27 1.42

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 30 Apr 2017 FY2018 30 Apr 2018 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
160.1 169.7 121.9 185.8 178.0 201.7 256.7 261.3 261.0 273.7
Growth +6.0% −28.2% +52.4% −4.2% +13.3% +27.3% +1.8% −0.1% +4.9%
n/a 5.5 n/a 6.2 5.8 8.8 9.9 9.4 9.1 9.6
15.9 14.3 n/a 14.5 13.4 16.2 17.5 20.1 17.8 20.9
−30.1 −23.7 n/a 109.0 33.8 29.9 13.9 84.5 20.5 64.5
Growth −69.0% −11.7% −53.6% +509.3% −75.8% +215.2%
43.3 116.8 n/a 78.7 4.4 −0.0 −14.1 41.3 −11.3 17.1
Growth +169.4% −94.4% −100.7% −127.4%
Per share
2.58 8.71 n/a 6.06 −0.15 −0.47 −1.35 2.33 −1.27 1.02
2.58 8.71 n/a 6.00 −0.15 −0.47 −1.35 2.32 −1.27 1.02
Growth +237.6% −102.5% −154.7%
12.1 12.0 n/a 11.7 12.6 13.8 15.2 15.0 15.5 16.7
13.7 13.5 n/a 13.2 12.6 13.8 15.2 17.1 15.5 16.8
Growth −2.0% −4.7% +9.9% +10.2% +12.5% −9.4% +8.2%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 9.0% a year over five years.
  • The diluted share count rose 33.5% in five years, which is dilution.
  • Operating margin is up 4.6 points on five years ago, at 23.6%.
  • A net loss in 3 of 9 years on file.