CSR
Centerspace
NYSE: CSR · REAL ESTATE · REIT - RESIDENTIAL
$67.24
-1.67% today
Updated 2026-04-29
Market cap
$1.19B
P/E ratio
65.92
P/S ratio
4.35x
EPS (TTM)
$1.02
Dividend yield
4.50%
52W range
$51 – $69
Volume
0.1M
Centerspace (CSR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2004 | 2005 | 2006 | 2007 | 2008 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $140.50M | $156.45M | $172.80M | $221.17M | $240.00M | $242.78M | $237.41M | $259.41M | $265.48M | $204.51M | $188.32M | $205.74M | $169.75M | $185.75M | $177.99M | $201.71M | $256.72M | $261.31M | $260.98M | $353.13M |
| Revenue growth (YoY) | — | +11.3% | +10.5% | +28.0% | +8.5% | +1.2% | -2.2% | +9.3% | +2.3% | -23.0% | -7.9% | +9.2% | -17.5% | +9.4% | -4.2% | +13.3% | +27.3% | +1.8% | -0.1% | +35.3% |
| Cost of revenue | — | — | — | $57.65M | $64.66M | $66.11M | $101.92M | $103.13M | $108.49M | $107.65M | $79.10M | $88.36M | $78.56M | $84.50M | $78.96M | $90.61M | $118.53M | $115.17M | $112.37M | $342.37M |
| Gross profit | $140.50M | $156.45M | $172.80M | $163.52M | $175.35M | $176.67M | $135.48M | $156.27M | $157.00M | $96.86M | $109.22M | $117.38M | $91.19M | $101.25M | $99.03M | $111.10M | $138.18M | $146.14M | $148.61M | $10.76M |
| Gross margin | 100.0% | 100.0% | 100.0% | 73.9% | 73.1% | 72.8% | 57.1% | 60.2% | 59.1% | 47.4% | 58.0% | 57.1% | 53.7% | 54.5% | 55.6% | 55.1% | 53.8% | 55.9% | 56.9% | 3.0% |
| R&D | — | — | — | — | — | — | — | — | — | $0.00 | $0.00 | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $2.75M | $3.85M | $3.67M | $7.37M | $7.48M | $9.62M | $7.38M | $8.49M | $10.74M | $11.82M | $11.27M | $12.07M | $14.20M | $14.45M | $13.44M | $16.21M | $17.52M | $20.08M | $17.80M | $20.92M |
| Operating income | $12.25M | $9.72M | $9.75M | $15.02M | $9.74M | $72.40M | $67.68M | $85.12M | $33.12M | $57.41M | $39.52M | $-13.80M | $-23.70M | $11.42M | $33.84M | $29.89M | $13.86M | $84.45M | $20.48M | $103.07M |
| Operating margin | 8.7% | 6.2% | 5.6% | 6.8% | 4.1% | 29.8% | 28.5% | 32.8% | 12.5% | 28.1% | 21.0% | -6.7% | -14.0% | 6.1% | 19.0% | 14.8% | 5.4% | 32.3% | 7.8% | 29.2% |
| EBITDA | $45.53M | $49.38M | $58.33M | $67.91M | $130.22M | $65.28M | $134.31M | $113.35M | $161.20M | $103.05M | $98.30M | $58.37M | $78.49M | $87.94M | $110.42M | $123.00M | $121.32M | $188.83M | $130.74M | $180.67M |
| EBITDA margin | 32.4% | 31.6% | 33.8% | 30.7% | 54.3% | 26.9% | 56.6% | 43.7% | 60.7% | 50.4% | 52.2% | 28.4% | 46.2% | 47.3% | 62.0% | 61.0% | 47.3% | 72.3% | 50.1% | 51.2% |
| EBIT | $19.49M | $13.58M | $19.11M | $15.48M | $72.39M | $4.10M | $75.78M | $48.08M | $90.28M | $30.98M | $-60.94M | $3.36M | $-93.48M | $-85.28M | $33.82M | $29.89M | $15.11M | $85.66M | $23.09M | $67.44M |
| Interest expense | — | — | $58.42M | $63.44M | $68.74M | $69.11M | $61.80M | $33.73M | $34.45M | $28.42M | $34.31M | $41.13M | $34.18M | $30.54M | $29.08M | $31.99M | $32.75M | $36.43M | $37.28M | $44.48M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $9.44M | $15.08M | $11.57M | $12.09M | $8.53M | $4.00M | $20.08M | $25.53M | $-13.17M | $24.09M | $72.01M | $43.35M | $116.79M | $48.67M | $5.08M | $611000.00 | $-13.47M | $41.97M | $-10.69M | $17.59M |
| Net income growth (YoY) | — | +59.7% | -23.3% | +4.5% | -29.5% | -53.1% | +401.9% | +27.1% | -151.6% | +282.8% | +198.9% | -39.8% | +169.4% | -58.3% | -89.6% | -88.0% | -2304.4% | +411.6% | -125.5% | +264.5% |
| Profit margin | 6.7% | 9.6% | 6.7% | 5.5% | 3.6% | 1.6% | 8.5% | 9.8% | -5.0% | 11.8% | 38.2% | 21.1% | 68.8% | 26.2% | 2.9% | 0.3% | -5.2% | 16.1% | -4.1% | 5.0% |