Centerspace (CSR) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Centerspace reported revenue of $273.7M, up 4.9% from $261.0M the year before. Net income was $17.1M (a 6.2% net margin), or $1.02 per diluted share. Gross margin was 96.5% and operating margin was 23.6%. Operating activities generated $98.5M of cash. At fiscal year end, Centerspace held $1.93B in total assets against $1.08B in total liabilities, including $12.8M of cash and equivalents.
Open the full interactive Centerspace financials → Quarterly statements, key ratios, valuation history and price charts.
Centerspace Key Stats
| Share Price | $56.01 |
|---|---|
| Market Cap | $941.5M |
| P/E Ratio | 54.9 |
| Revenue YoY Growth | +4.9% |
| 52-Week Range | $51.67 – $67.02 |
| Shares Outstanding | 16.8 million (basic, 2026 Q2) |
Centerspace Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $178.0M | $201.7M | $256.7M | $261.3M | $261.0M | $273.7M |
| Cost of Goods Sold | $5.8M | $8.8M | $9.9M | $9.4M | $9.1M | $9.6M |
| Gross Profit | $172.2M | $193.0M | $246.8M | $252.0M | $251.9M | $264.0M |
| Operating Income | $8.3M | $29.9M | $13.9M | $84.5M | $20.5M | $64.5M |
| Pre-Tax Income | $4.4M | -$29,000 | -$14.1M | $41.3M | -$11.3M | $17.1M |
| Net Income | $4.4M | -$29,000 | -$14.1M | $41.3M | -$11.3M | $17.1M |
| Diluted EPS | -$0.15 | -$0.47 | -$1.35 | $2.32 | -$1.27 | $1.02 |
Centerspace Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $71.4M | $66.6M | $65.1M | $65.8M |
| Net Income | $53.8M | -$18.4M | -$12.9M | -$1.0M |
| Diluted EPS | $3.19 | -$1.10 | -$0.77 | -$0.07 |
Centerspace Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $392,000 | $31.3M | $10.5M | $8.6M | $12.0M | $12.8M |
| Total Assets | $1.46B | $1.94B | $2.03B | $1.93B | $1.91B | $1.93B |
| Total Long-Term Debt | $719.2M | $859.8M | $1.01B | $920.0M | $955.4M | $1.02B |
| Total Liabilities | $774.8M | $918.5M | $1.07B | $978.8M | $1.01B | $1.08B |
| Shareholders' Equity | $618.2M | $772.0M | $729.5M | $709.8M | $653.9M | $719.2M |
Centerspace Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $61.2M | $84.0M | $92.0M | $89.5M | $98.2M | $98.5M |
| Cash From Investing | -$165.0M | -$267.2M | -$160.1M | $120.2M | -$50.7M | -$26.9M |
| Cash From Financing | $64.9M | $214.5M | $41.4M | -$212.4M | -$43.7M | -$69.1M |
| Free Cash Flow | — | — | $91.9M | $89.5M | — | — |
Figures from Centerspace's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Centerspace financials page for every line item.
Centerspace Company Profile
| Ticker | CSR |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Minot, North Dakota |
| Incorporated in | North Dakota |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000798359 |
Frequently Asked Questions
What was Centerspace's revenue in fiscal 2025?
Centerspace (CSR) reported revenue of $273.7M for fiscal 2025.
What is Centerspace's annual revenue history?
Centerspace's annual revenue by fiscal year: 2020: $178.0M; 2021: $201.7M; 2022: $256.7M; 2023: $261.3M; 2024: $261.0M; 2025: $273.7M.
What was Centerspace's net income in fiscal 2025?
Centerspace reported net income of $17.1M for fiscal 2025.
What was Centerspace's earnings per share (EPS) in fiscal 2025?
Centerspace's diluted EPS was $1.02 for fiscal 2025 (adjusted for any later stock splits).
What was Centerspace's revenue last quarter?
In its most recent reported quarter (2026 Q2), Centerspace reported revenue of $65.8M.
How much debt does Centerspace have?
Centerspace reported $1.02B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Centerspace are outstanding?
Centerspace reported a weighted average of 16.8 million basic shares outstanding in 2026 Q2.
What is Centerspace's market cap?
Based on its latest closing price, Centerspace (CSR) has a market capitalization of about $941.5M.
When does Centerspace's fiscal year end?
Centerspace's fiscal year end, as registered with the SEC, is December 31.
Where is Centerspace headquartered?
Centerspace lists its business address in Minot, North Dakota in its SEC filings.