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Centerspace CSR Multifamily — Repairs and maintenance

Similar metrics at other companies

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AATMultifamily — Rental expenses
$5.95M+11.2%
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AATMultifamily — Property Expenses
$8.17M+12.6%
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EQRCost Of Property Repairs And Maintenance
$149.66M+3.9%
BFS
BFSMixed-Use Properties — Repairs and maintenance expense
$2.22M+26.2%
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DEIMultifamily rental — Operating Expenses
$16.56M0.0%
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DOCSenior housing — Repairs and maintenance
$6.65M+37.2%

Other financials

Income statement

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Revenue$65.1M-3.0%
Gross profit$62.7M-3.0%
Operating income-$5.4M-214%
Net income-$15.0M-301%
EPS (diluted)-$0.77-250%

Balance sheet

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Cash & equivalents$10.3M-43.2%
Total debt$1.1B+0.7%
Total equity$695.0M+9.1%
Total assets$1.9B-0.3%

Cash flow

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Operating cash flow$21.4M-15.8%
CapEx$5.3M+5.4%
Free cash flow$16.1M-21.0%

Valuation

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Market cap$953.41M-8.6%
Enterprise value$2.01B-3.6%
P/E46.4×
P/S3.5×-0.4×

Profitability

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Gross margin96.5%0.0pp
Operating margin28.5%+21.7pp
Net margin11.1%
FCF margin22.1%-0.4pp

Returns & leverage

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Return on equity4.3%
Debt / equity1.5×-0.1×

Where this comes from

Reported directly by Centerspace in its filing.

Tagged under the XBRL concept us-gaap:CostOfPropertyRepairsAndMaintenance.

The official record: Centerspace’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Centerspace's multifamily — repairs and maintenance?
Centerspace (CSR) reported multifamily — repairs and maintenance of $2.99M in Q1 2026.
How has Centerspace's multifamily — repairs and maintenance changed year-over-year?
Centerspace's multifamily — repairs and maintenance increased by 9.5% year-over-year, from $2.73M to $2.99M.
What is the long-term trend for Centerspace's multifamily — repairs and maintenance?
Over 3 years (2022 to 2025), Centerspace's multifamily — repairs and maintenance has grown at a -1.8% compound annual growth rate (CAGR), from $14.3M to $13.55M.
What does multifamily — repairs and maintenance mean?
This represents the recurring expenditures required to keep apartment units and common areas in good working order and to preserve the physical asset value. It includes routine upkeep, unit turnover costs, and minor repairs. Effective management of these costs is essential for maintaining tenant retention and long-term property quality.