CENTERSPACE
Company Stats
- Market Cap
- $913.6M
- as of Sep 30, 2026
- Enterprise Value
- $2.0B
- Shares Outstanding
- 16.8M
- Free Float
- 98.9%
Income Statement
- Revenue
- $273.7M
- Operating Income
- $64.5M
- Net Income
- $17.1M
- EBITDA
- $179.2M
- Non-cash Impairment
- $1.9M
- Revenue Growth, 3Y
- 2.2%
Balance Sheet
- Cash & Equivalents
- $12.8M
- Total Debt
- $1.1B
- Net Debt
- $1.0B
- Net Debt / EBITDA
- 5.81x
- EV / EBITDA
- 10.91x
- Net Debt / EBIT
- 16.13x
Returns & Capital
- Dividends Paid
- $51.1M
- Dividend Yield
- 5.6%
- Share Repurchases
- $3.5M
- Buyback Yield, 3Y Avg
- 0.7%
- SBC, 3Y Avg
- $3.3M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $273.7M | — | — |
| FY2024 | $261.0M | — | — |
| FY2023 | $261.3M | $89.5M | 34.3% |
| FY2022 | $256.7M | $91.9M | 35.8% |
| FY2021 | $201.7M | $82.8M | 41.0% |
Annual filing data through FY ended December 31, 2025; shares and float as of November 8, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
IRT and Centerspace Shareholders Approve Merger With $8.1 Billion Combined Enterprise Value
Stronger demand supports expansion as pricing diverges