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Sterling Real Estate Trust

CIK: 1412502 SIC: 6798
$174.35M
Revenue
$13.88M
Net Income
-
Gross Margin
13.43%
Op. Margin
$78.82M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 15 annual reports available (2011 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
+ Total Revenue $174.35M $174.35M $159.31M $143.63M $135.06M $129.32M
Revenue Growth % 0.0% 9.4% 10.9% 6.3% 4.4% nan%
Operating Expenses $150.94M $150.94M $141.81M $138.52M $121.62M $109.50M
+ Operating Income $23.41M $23.41M $17.49M $5.11M $13.44M $19.83M
Operating Margin % 13.4% 13.4% 11.0% 3.6% 10.0% 15.3%
Interest Expense $43.85M $25.62M $23.49M $20.59M $19.30M $17.33M
Income Before Tax - - - $7.66M $24.53M $24.44M
+ Net Income $13.88M $13.88M $7.25M $2.89M $8.92M $8.79M
Net Margin % 8.0% 8.0% 4.6% 2.0% 6.6% 6.8%
Basic EPS nan 1.07 0.62 0.26 0.84 0.87
Diluted EPS nan 1.07 0.62 0.26 0.84 0.87
Basic Shares Outstanding 42K 13.0M 11.6M 11.1M 10.6M 10.2M
Diluted Shares Outstanding 42K 13.0M 11.6M 11.1M 10.6M 10.2M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Cash Equivalents $7.76M $4.80M $26.92M $3.26M $51.51M
Intangible Assets $2.00M $2.54M $2.98M $5.29M $6.25M
Total Assets $978.63M $937.77M $854.83M $888.72M $820.87M
Total Liabilities $643.04M $608.83M $553.51M $565.26M $525.35M
Total Stockholders Equity $335.59M $328.94M $301.32M $323.46M $295.52M
Total Liabilities & Equity $978.63M $937.77M $854.83M $888.72M $820.87M
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $13.88M $13.88M $7.25M $2.89M $8.92M $8.79M
Depreciation & Amortization $28.40M $28.40M $27.49M $25.00M $24.68M $22.20M
Operating Cash Flow $78.82M $54.83M $46.56M $48.55M $40.77M $45.03M
Purchases of Investments - - - - $29.13M -
Investing Cash Flow $-67.90M $-50.82M $-40.84M $16.75M $-107.96M $-59.12M
Debt Repayment $72.61M $50.08M $65.68M $53.25M $22.23M $43.64M
Stock Issued - $312.00K $31.19M - - -
Stock Repurchased $18.03M $9.68M $11.91M $5.00M $2.08M $5.57M
Dividends Paid $50.32M $29.07M $27.10M $26.36M $25.31M $22.62M
Financing Cash Flow $-6.43M $-1.36M $-27.85M $-40.81M $19.11M $47.11M
Net Change in Cash $4.49M $2.65M $-22.14M $24.48M $-48.08M $33.02M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $43.73M - $128.91M -
Operating Expenses $40.46M - $112.31M -
Operating Income $3.27M - $16.60M -
Interest Expense - - $18.87M -
Net Income $1.11M $6.14M $6.07M -
Basic EPS 0.08 - 0.47 -
Diluted EPS 0.08 - 0.47 -
Basic Shares Outstanding $13.03M - $12.97M -
Diluted Shares Outstanding $13.03M - $12.97M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $7.39M $4.80M
Intangible Assets $1.86M $2.54M
Total Assets $955.88M $937.77M
Total Liabilities $633.45M $608.83M
Total Stockholders Equity $322.42M $328.94M
Total Liabilities & Equity $955.88M $937.77M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $1.11M $6.14M $6.07M -
Depreciation & Amortization $7.59M - $21.31M -
Operating Cash Flow - - $37.83M -
Investing Cash Flow - - $-26.33M -
Debt Repayment - - $27.51M -
Stock Repurchased - - $7.68M -
Dividends Paid - - $21.57M -
Financing Cash Flow - - $-9.10M -
Net Change in Cash - - $2.40M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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