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STERLING REAL ESTATE TRUST

CIK: 1412502 SIC: 6798
$170.18M
Revenue
$7.59M
Net Income
-
Gross Margin
12.52%
Op. Margin
$74.31M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 14 annual reports available (2011 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
+ Total Revenue $170.18M $159.31M $143.63M $135.06M $129.32M $124.62M
Revenue Growth % 6.8% 10.9% 6.3% 4.4% 3.8% nan%
Operating Expenses $148.87M $141.81M $138.52M $121.62M $109.50M $102.10M
+ Operating Income $21.31M $17.49M $5.11M $13.44M $19.83M $22.52M
Operating Margin % 12.5% 11.0% 3.6% 10.0% 15.3% 18.1%
Interest Expense $43.95M $23.49M $20.59M $19.30M $17.33M $16.49M
Income Before Tax - - $7.66M $24.53M $24.44M -
+ Net Income $7.59M $7.25M $2.89M $8.92M $8.79M $9.40M
Net Margin % 4.5% 4.6% 2.0% 6.6% 6.8% 7.5%
Basic EPS 0.58 0.62 0.26 0.84 0.87 0.97
Diluted EPS nan 0.62 0.26 0.84 0.87 0.97
Basic Shares Outstanding 13.0M 11.6M 11.1M 10.6M 10.2M 9.7M
Diluted Shares Outstanding 13.0M 11.6M 11.1M 10.6M 10.2M 9.7M
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Cash & Cash Equivalents $4.80M $26.92M $3.26M $51.51M $11.72M
Intangible Assets $2.54M $2.98M $5.29M $6.25M $7.37M
Total Assets $937.71M $854.83M $888.72M $820.87M $743.03M
Total Liabilities $608.77M $553.51M $565.26M $525.35M $451.50M
Total Stockholders Equity $328.94M $301.32M $323.47M $295.52M $291.53M
Total Liabilities & Equity $937.71M $854.83M $888.72M $820.87M $743.03M
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Net Income $7.59M $7.25M $2.89M $8.92M $8.79M $9.40M
Depreciation & Amortization $28.27M $27.49M $25.00M $24.68M $22.20M $21.21M
Operating Cash Flow $74.31M $46.56M $48.55M $40.77M $45.03M $44.65M
Purchases of Investments - - - $29.13M - -
Investing Cash Flow $-48.10M $-40.84M $16.75M $-107.96M $-59.12M $-29.98M
Debt Repayment $101.19M $65.68M $53.25M $22.23M $43.64M $48.55M
Stock Issued - $31.19M - - - -
Stock Repurchased $18.18M $11.91M $5.00M $2.08M $5.57M $3.54M
Dividends Paid $49.69M $27.10M $26.36M $25.31M $22.62M $22.74M
Financing Cash Flow $-27.98M $-27.85M $-40.81M $19.11M $47.11M $-4.42M
Net Change in Cash $-1.77M $-22.14M $24.48M $-48.08M $33.02M $10.25M
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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