SequelSEC

Strawberry Fields REIT, Inc. STRW

Real Estate Investment Trusts · CIK 0001782430 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$155.00M
Fiscal year ended 2025-12-31
Operating income
$84.29M
Fiscal year ended 2025-12-31
Free cash flow
Unavailable
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$139.68MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-12-31
Float per share$10.44Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income18.4×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue0.9×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity2.8×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-12-31, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

18.4× earnings today, against a median of 31.0× across 3 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2025-12-31$139.68M18.4×
2024-12-31$127.14M31.0×
2023-06-30$38.04T15240500.8×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Real Estate Investment Trusts filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Revenue YoY growth32.4%96th
Operating margin54.4%83th
SBC / revenue1.1%24th
Net margin4.9%40th

Strawberry Fields REIT, Inc. (STRW) reported revenue of $155.00M and net income of $7.58M for the fiscal year ended 2025-12-31. This page shows 5 annual periods of income statement, balance sheet and cash flow figures normalized from Strawberry Fields REIT, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Real Estate Investment Trusts.

Income

Strawberry Fields REIT, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue$155.00M$117.06M$99.80M$92.54M$87.03M
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailable
Operating income$84.29M$61.30M$47.44M$49.95M$36.76M
Net income$7.58M$4.10M$2.50M$1.85M$393.00K
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 12.70Mshares 7.12Mshares 6.37Mshares 6.01MUnavailable
Pretax incomeUnavailableUnavailableUnavailableUnavailableUnavailable
Income tax expenseUnavailableUnavailableUnavailableUnavailableUnavailable
Diluted EPS$0.60$0.57$0.39$0.31Unavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$8.61M$6.85M$5.66M$6.01M$6.30M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Strawberry Fields REIT, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-31
Cash & equivalents$31.81M$48.37M$12.17M$20.20M$26.21M
Total assets$885.22M$787.59M$616.80M$547.00M$569.96M
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$834.70M$704.02M$569.52M$497.62M$534.91M
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$50.52M$83.57M$47.27M$49.38M$35.05M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailable$17.70M$19.40M$9.80M
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt$794.65M$673.94M$539.14M$456.79M$477.77M
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

Strawberry Fields REIT, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-31
Operating cash flow$90.04M$59.33M$54.94M$50.93M$44.79M
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow-$111.87M-$136.78M-$106.35M-$10.10M-$58.29M
Financing cash flow-$5.06M$133.34M$43.46M-$47.25M$23.57M
Net change in cash-$26.90M$55.90M-$7.95M-$6.42M$10.07M
Stock-based compensation$1.69MUnavailableUnavailableUnavailable$250.00K
Common dividends paidUnavailableUnavailableUnavailable$637.00KUnavailable
Common share repurchases$652.00K$2.47M$46.00KUnavailableUnavailable
Depreciation & amortization$46.25M$33.69M$29.24M$28.56M$27.49M

Derived

Strawberry Fields REIT, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailable
Operating margin54.4%52.4%47.5%54.0%42.2%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue1.1%UnavailableUnavailableUnavailable0.3%
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growth32.4%17.3%7.8%6.3%Unavailable
Net margin4.9%3.5%2.5%2.0%0.5%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open STRW in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-03-19View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-08View SEC filing
10-Q · Filed 2025-05-09View SEC filing

Companies in the same industry

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.