Clipper Realty vs Centerspace
Centerspace is the larger business, with $274m of revenue in fiscal 2025 against $153m for Clipper Realty (1.8 times as much). Centerspace grew faster (4.9% against 3.0%). Centerspace kept more of each dollar of sales as profit: a net margin of 6.2% against -13.0%.
| Latest fiscal year | Clipper RealtyCLPR, 2025 | CenterspaceCSR, 2025 |
|---|---|---|
| Revenue | $153m | $274m |
| Revenue growth | 3.0% | 4.9% |
| Net income | −$19.9m | $17.1m |
| Operating margin | 2.7% | 23.6% |
| Net margin | -13.0% | 6.2% |
| Return on equity | — | 2.3% |
| Free cash flow | $22.6m | $64.3m |
| Cash | $30.8m | $12.8m |
| Total debt | $1.29bn | $1.05bn |
| Debt to equity | — | 146.5% |
| Dividend per share | — | $3.08 |
| Dividend yield | 33.7% | 5.2% |
| Share buybacks | — | $3.5m |
| Employees | 161 | 349 |
| Market value | $56.6m | $972m |
| Price vs our value range | — | — |
| Moat score | 35 (Weak) | 59 (Moderate) |
| Insider trades, 12 months | 21 buys, 0 sales | 2 buys, 0 sales |