CSR - NYSE

Centerspace

CSR·NYSE

$60.00

+0.76%

Real EstateREIT - Residential

Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, as of June 30, 2021, Centerspace owned 62 apartment communities consisting of 11,579 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for 2021 by the Minneapolis Star Tribune. For more information, please visit www.centerspacehomes.com.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.01B

EPS1.0200

P/E Ratio58.82

Earnings Date08/03/2026

98.45M

Operating Cash Flow

3Y+7.0%

5Y+61.0%

10Y+48.0%

-26.87M

Investing Cash Flow

-47%

3Y-83.0%

5Y-84.0%

10Y-120.0%

-69.06M

Financing Cash Flow

58%

3Y-267.0%

5Y-206.0%

10Y-62.0%

Centerspace Cash Conversion Engine

CSR · NYSE

FCF Components

Net Income-2.41M

Depreciation & Amortization116.57M

Stock-Based Compensation3.44M

Change in Working Capital-5.37M

Others-13.78M

Capital Expenditures-34.16M

Free Cash Flow64.29M

Cash Flow Quality Analysis

FCF Conversion Rate

-2669.9%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

34.7%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+54.6%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$5.37M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Centerspace Cash Flow Statement

CSR • NYSE

Centerspace Cash Flow Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010	Apr 2009	Apr 2008	Apr 2007	Apr 2006
OPERATING ACTIVITIES
Net Income	-2.4M	-14.2M	42M	-17.6M	-2.1M	4.7M	84.8M	127.6M	30.5M	76.6M	28.7M	-16.9M	30M	9.7M	24.4M	4.6M	8.5M	12.1M	14.1M	11.6M
Depreciation & Amortization	116.6M	107.6M	103.2M	106.2M	93.1M	76.6M	75.4M	91.8M	56.6M	65.5M	72.1M	73.7M	67.6M	62M	61.3M	61.2M	57.8M	52.4M	46.7M	39.2M
Change in Deferred Taxes	0.0	0.0	0.0	0.0	-24.7M	-19.8M	-95.3M	-165M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Stock-Based Compensation	3.4M	3M	3.3M	2.6M	2.7M	2.1M	1.9M	1.3M	1.6M	6K	2.3M	2.2M	1.2M	45K	461K	0.0	0.0	0.0	0.0	0.0
Other Non-Cash Items	-13.8M	5.2M	-56M	804K	4.7M	1.3M	-253K	1.5M	-13.1M	-65.8M	979K	35.4M	-11M	103K	-18.6M	1.8M	4.9M	4M	818K	599K
Change in Working Capital	-5.4M	-3.5M	-2.9M	5K	10.3M	-3.8M	3M	-9.4M	-95K	-12.1M	10.2M	299K	-8.8M	-6.6M	-8.3M	-6.2M	-11.2M	-6.7M	-3.2M	-3M
Cash from Operating Activities	98.5M	98.2M	89.5M	92M	84M	61.2M	69.6M	48M	73.9M	66.5M	114.2M	92.5M	77.7M	65.1M	58.8M	61.4M	60.1M	61.9M	58.4M	48.4M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	(0.0)	(0.0)	(0.0)	-56.7M	-35.9M	-30.3M	-21M	-11.5M	(0.0)	-42.2M	-29M	(0.0)	(0.0)	-141.8M	-62.8M	-80.1M	-59.1M	-149M	-184.6M	-97.8M
Acquisitions, Net	(0.0)	(0.0)	(0.0)	(161.3M)	(328.1M)	-12.2M	-1.3M	(0.0)	(0.0)	(232.7M)	(367M)	(2.3M)	(0.0)	(0.0)	(74K)	(0.0)	(0.0)	(1.4M)	(22.4M)	(13.5M)
Purchase of Investments	(0.0)	(0.0)	(0.0)	-104.7M	-292.2M	-179K	-6.9M	-1.9M	(0.0)	(1.5M)	(41.2M)	-261.3M	(0.0)	(0.0)	-300K	(0.0)	(0.0)	-54K	-132K	-57K
Sale/Maturity of Investments	132.8M	18.8M	0.0	41K	33.8M	3.9M	101.7M	-119M	50K	279K	-6.3M	314K	0.0	430K	95K	0.0	0.0	1.7M	525K	174K
Other Investing Items	-159.6M	-69.5M	120.2M	-160.1M	-301M	-126.1M	-65.5M	223.2M	202.2M	132.5M	-211.3M	-122.1M	-134.1M	13.1M	74.6M	1.1M	4.7M	695K	465K	1.6M
Cash from Investing Activities	-26.9M	-50.7M	(120.2M)	-160.1M	-267.2M	-165M	(7M)	(104.2M)	(202.3M)	(134.3M)	-176.4M	-121.8M	-134.1M	-128.3M	(11.7M)	-79M	-54.4M	-145.3M	-161.4M	-82.6M
FINANCING ACTIVITIES
Net Issuance of Common Stock	-4.6M	107.4M	-11.6M	-1.8M	156M	58.8M	-4.2M	-3.3M	-18.7M	-4.5M	-33.5M	48.7M	41.2M	86.1M	47.9M	19.6M	108.3M	6M	66.7M	303K
Net Issuance of Debt	10.8M	6.5M	-140.2M	108.1M	113.1M	69.4M	-386K	-95.1M	-87.2M	-205M	-64.9M	82.1M	-1.3M	-30.9M	62.4M	-43.1M	-14.1M	12.7M	65.9M	165.7M
Cash Paid for Dividends	-51.6M	-51.3M	-50.8M	-51.5M	-45.6M	-42.2M	-40.1M	-32.8M	(0.0)	-66.7M	-71.6M	-57.2M	-52.3M	-44.9M	-38.8M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Share Repurchases	-4.6M	-4.7M	-11.6M	-33.2M	(0.0)	-5.7M	-26.2M	-133.7M	-9.9M	-4.5M	-35M	(0.0)	(0.0)	(0.0)	(0.0)	-10K	-11K	-10K	(0.0)	(0.0)
Other Financing Items	-23.7M	-9.2M	-9.7M	-13.4M	-9.1M	37.8M	-5.1M	-995.5K	-5.3M	-12M	-19.3M	-9.6M	-5.2M	-11.1M	-9.5M	-15M	-14.1M	-44.7M	-25K	-12.8M
Cash from Financing Activities	-69.1M	-43.7M	-212.4M	41.4M	214.5M	64.9M	-49.8M	-169.2M	-314.1M	-183M	63.9M	-17.5M	110.6M	61.9M	-84.1M	39.1M	-26M	92.3M	130M	28.2M
CASH FLOW SUMMARY
Net Change in Cash	2.5M	3.9M	-2.6M	-26.7M	31.3M	-38.8M	26.9M	-16.9M	-37.9M	17.7M	1.7M	-46.9M	54.1M	-1.2M	-13.6M	21.5M	-20.2M	9M	27M	-6.1M
Cash at Beginning of Period	13.1M	9.3M	11.9M	38.6M	7.3M	46.1M	19.3M	28.8M	66.7M	49M	47.3M	94.1M	40M	41.2M	54.8M	33.2M	53.5M	44.5M	17.5M	23.5M
Cash at End of Period	15.7M	13.1M	9.3M	11.9M	38.6M	7.3M	46.1M	11.9M	28.8M	66.7M	49M	47.3M	94.1M	40M	41.2M	54.8M	33.2M	53.5M	44.5M	17.5M
Free Cash Flow	64.3M	41.6M	30.7M	35.4M	48.2M	30.9M	48.7M	36.5M	73.9M	24.3M	85.2M	92.5M	77.7M	-76.6M	-4.1M	-18.7M	1.1M	-87.1M	-126.2M	-49.4M

SEC Filings

CSR - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 01, 2026	June 01, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 15, 2026	May 13, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 08, 2026	May 08, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 04, 2026	May 04, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 04, 2026	March 31, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 03, 2026	May 13, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 11, 2026	March 09, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 27, 2026	February 27, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 17, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 17, 2026	February 17, 2026	2026	View Filing

Showing 1 to 10 of 520 filings

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