Centerspace cash flow statement

In fiscal 2025, Centerspace's operations generated $98.5m of cash; it spent $34.2m on capital projects, leaving free cash flow of $64.3m. It returned $51.1m in dividends and $3.5m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Centerspace: cash flow statement, annual
Fiscal year	2012Apr 2012	2013Apr 2013	2014Apr 2014	2015Apr 2015	2016Apr 2016	2017Apr 2017	2018Apr 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash from operations	65	78	93	114	72	79	55	70	61	84	92	90	98	98	77
Depreciation and amortisation	62	68	42	44	41	46	83	75	77	93	106	103	108	115	105
Stock-based pay	332	0	0	2	2	0	2	2	2	3	3	3	3	3	4
Capital spending	42	26	26	21	27	41	18	21	2	1	0	0	57	34	−152
Free cash flow	23	51	67	93	45	38	37	49	60	83	92	90	42	64	229
Free cash flow after stock pay	−309	51	67	91	43	38	36	47	57	80	89	86	39	61	225
Dividends paid	36	36	41	46	60	56	34	33	35	38	44	44	46	51	52
Share buybacks	0	0	—	—	35	5	10	18	0	0	29	12	5	3	—
Shares issued	24	55	0	0	—	—	—	—	59	156	31	0	112	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Centerspace: cash flow statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Cash from operations	19	25	25	35	13	21	23	21
Depreciation and amortisation	28	28	27	29	30	27	25	23
Stock-based pay	1	1	1	1	1	1	1	1
Capital spending	9	5	149	56	−171	5	8	6
Free cash flow	9	20	−124	−21	183	16	15	15
Free cash flow after stock pay	9	20	−125	−22	182	15	14	14
Shares issued	−0	—	—	0	—	—	—	—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Centerspace's SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Centerspace.