Centerspace (Centerspace) Net Margin % : -12.48% (As of Dec. 2023)

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What is Centerspace Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Centerspace's Net Income for the three months ended in Dec. 2023 was $-8.00 Mil. Centerspace's Revenue for the three months ended in Dec. 2023 was $64.07 Mil. Therefore, Centerspace's net margin for the quarter that ended in Dec. 2023 was -12.48%.

The historical rank and industry rank for Centerspace's Net Margin % or its related term are showing as below:

IRETPR.PFD' s Net Margin % Range Over the Past 10 Years
Min: -8 Med: 14.75 Max: 68.8
Current: 16.06

IRETPR.PFD's Net Margin % is ranked worse than
60.98% of 797 companies
in the REITs industry
Industry Median: 32.78 vs IRETPR.PFD: 16.06

Centerspace Net Margin % Historical Data

The historical data trend for Centerspace's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Centerspace Net Margin % Chart

Centerspace Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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42.64

2.85

0.30

-5.25

16.06

Centerspace Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-2.72	64.41	-2.63	12.29	-12.48

Competitive Comparison of Centerspace's Net Margin %

For the REIT - Residential subindustry, Centerspace's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Centerspace's Net Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Centerspace's Net Margin % distribution charts can be found below:

* The bar in red indicates where Centerspace's Net Margin % falls into.

Centerspace Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Centerspace's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	41.965	/	261.309
	=	16.06 %

Centerspace's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-7.997	/	64.068
	=	-12.48 %

Centerspace (NYSE:IRETPR.PFD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Centerspace Net Margin % Related Terms

Thank you for viewing the detailed overview of Centerspace's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Centerspace (Centerspace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centerspace (NYSE:IRETPR.PFD) » Definitions » Net Margin %

Comparable Companies

NXRT UMH AIV ELME VRE BRT FREVS CLPR BHM IRT AVB EQR INVH SUI ESS MAA AMH UDR ELS CPT

Traded in Other Exchanges

CSRpC.PFD:USA CSR:USA

Address

3100 10th Street SW, Post Office Box 1988, Minot, ND, USA, 58702-1988

Website

https://www.centerspacehomes.com

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, and it owns properties in the following states: Minnesota, Colorado, North Dakota, Nebraska, South Dakota, and Montana. Rental income represents the company's main source of revenue, and properties owned in Minnesota, Colorado, and North Dakota represent the majority of the firm's commercial presence.