Sterling Real Estate Trust
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Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $11.8M | $8.2M | $6.2M | $5.2M | $5.1M | $4.3M |
| Operating income | $23.4M | $17.5M | $5.1M | $13.4M | $19.8M | $22.5M |
| Net income | $13.9M | $7.3M | $2.9M | $8.9M | $8.8M | $9.4M |
| Total assets | $978.6M | $937.7M | $854.8M | $888.7M | $820.9M | $743.0M |
| Total liabilities | $643.0M | $608.8M | $553.5M | $565.3M | $525.3M | $451.5M |
| Equity | $335.6M | $328.9M | $301.3M | $323.5M | $295.5M | $291.5M |
| EPS (diluted) | $1.07 | $0.62 | $0.26 | $0.84 | $0.87 | $0.97 |
| Shares out. | 12.9M | 11.3M | 10.9M | 10.5M | 10.0M | 9.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 198.9%
- Net margin
- 118.0%
- Return on equity
- 4.1%
- Return on assets
- 1.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 65.7%
- Debt / equity
- 1.92×
- Book value / share
- $26.03
- Revenue growth (YoY)
- 43.1%
- Net income growth (YoY)
- 91.3%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −4.2%clean
- Piotroski F-Score
- 5/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 4 good- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Entered a material agreementMay 1, 2026
- Entered a material agreementMar 23, 2026
- New financial obligation · Regulation FD disclosureDec 18, 2025
- Entered a material agreement · New financial obligationNov 25, 2025
- New financial obligationJun 30, 2025
- Shareholder voteJun 23, 2025
- Director / officer changeMay 27, 2025
- Director / officer changeMay 15, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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