CSRCENTERSPACE
Real Estate Investment Trusts
- Revenue
- $274M
- 4.9% YoY
- Operating margin
- 23.6%
- 201% YoY
- EBITDA
- $179M
- 40% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 5.5×
- $981M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear576% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear55% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear0% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $202M | $257M | $261M | $261M | $274M | 4.9% |
| Operating income | $30M | $14M | $84M | $20M | $65M | 215% |
| Net income | −$29K | −$14M | $41M | −$11M | $17M | 251% |
| Operating cash flow | $84M | $92M | $90M | $98M | $98M | 0.2% |
| Capex | $1M | $122K | $0 | — | — | |
| Stock-based comp | $3M | $3M | $3M | $3M | $3M | 14% |
| Buybacks | $0 | $29M | $12M | $5M | $3M | 27% |
| Dividends | $38M | $44M | $44M | $46M | $51M | 12% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.