CENTERSPACE
About CENTERSPACE
Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment which includes the ownership, management, development, redevelopment, and acquisition of apartment communities and conduct their corporate operations from offices in Minot, North Dakota and Minneapolis, Minnesota.
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Financial summary
- Revenue FY2025
- $273.7M
- Net income
- $17.1M
- Total assets
- $1.9B
- Market cap
- $995.8M
- Gross margin
- 96.5%
- Operating margin
- 23.6%
- Net margin
- 8.4%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $273.7M
- Cost of revenue
- $9.6M
- Gross profit
- $264.0M
- Operating expenses
- $199.5M
- Operating income
- $64.5M
- Net income
- $23.0M
- EPS (basic)
- $1.02
- EPS (diluted)
- $1.02
Balance sheet
- Total assets
- $1.9B
- Current assets
- $1.9B
- Total liabilities
- $1.1B
- Current liabilities
- $1.1B
- Shareholders’ equity
- $839.8M
Cash flow
- Operating cash flow
- $98.5M
- Investing cash flow
- -$26.9M
- Financing cash flow
- -$69.1M
- Net cash flow
- $2.5M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $995.8M
- P/E ratio
- 56.4
- EPS (diluted)
- $1.02
- Dividend yield
- 5.36%
- Shares outstanding
- 17.3M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Oct 17, 1997
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $17.1M in FY2025.
- Revenue grew 36% from FY2021 to FY2025.
- Gross margin of 96.5%, net margin 8.4%.
- Trading 17% below its 52-week high.
- Pays a dividend yielding about 5.36% annually.
- Valued at a price-to-earnings (P/E) ratio of 56.4.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about CENTERSPACE
News & sentiment via Polygon.io