UDR · Udr, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.71B | $1.67B | $1.63B | $1.52B | $1.29B | $1.24B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $85.10M | $84.31M | $69.93M | $64.14M | $57.54M | $49.88M |
| Total Operating Expenses | $1.40B | $1.40B | $1.34B | $1.29B | $1.16B | $1.11B |
| D&A | $680.03M | $695.47M | $691.84M | $679.57M | $619.83M | $618.63M |
| Operating Income | $553.61M | $284.57M | $635.01M | $250.81M | $267.97M | $249.10M |
| Interest Expense | $196.62M | $195.71M | $180.87M | $155.90M | $186.27M | $202.71M |
| Income Tax | $835.0K | $879.0K | $2.11M | $349.0K | $1.44M | $2.54M |
| Net Income | $377.70M | $89.58M | $444.35M | $86.92M | $150.02M | $64.27M |
| EPS - Basic | $1.13 | $0.26 | $1.34 | $0.26 | $0.49 | $0.20 |
| EPS - Diluted | $1.13 | $0.26 | $1.34 | $0.26 | $0.48 | $0.20 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.22M | $1.33M | $2.92M | $1.19M | $967.0K | $1.41M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $10.61B | $10.90B | $11.37B | $11.04B | $10.78B | $9.64B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $5.82B | $5.83B | $5.80B | $5.49B | $5.41B | $4.98B |
| Total Liabilities | $6.46B | $6.44B | $6.42B | $6.10B | $6.00B | $5.52B |
| Stockholders' Equity | $3.29B | $3.44B | $3.99B | $4.10B | $3.44B | $3.23B |
| Retained Earnings | - | - | - | - | - | - |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $902.89M | $876.85M | $832.66M | $820.07M | $663.96M | $604.32M |
| Investing Cash Flow | ($150.99M) | ($276.35M) | ($289.14M) | ($929.53M) | ($1.27B) | ($460.84M) |
| Financing Cash Flow | ($750.39M) | ($599.94M) | ($538.85M) | $111.23M | $612.54M | ($152.59M) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 32.3% | 17.0% | 39.0% | 16.5% | 20.8% | 20.1% |
| EBITDA margin | 72.0% | 58.6% | 81.5% | 61.3% | 68.8% | 69.9% |
| Net margin | 22.1% | 5.4% | 27.3% | 5.7% | 11.6% | 5.2% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 5.0% | 5.0% | 4.3% | 4.2% | 4.5% | 4.0% |
| Effective tax rate | 0.2% | 1.0% | 0.5% | 0.4% | 1.0% | 3.8% |
| Return on assets | 3.6% | 0.8% | 3.9% | 0.8% | 1.4% | 0.7% |
| Return on equity | 11.5% | 2.6% | 11.1% | 2.1% | 4.4% | 2.0% |
| Return on invested capital | 6.1% | 3.0% | 6.5% | 2.6% | 3.0% | 2.9% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 1.77 | 1.69 | 1.45 | 1.34 | 1.57 | 1.54 |
| Debt / Assets | 0.55 | 0.53 | 0.51 | 0.50 | 0.50 | 0.52 |
| Debt / EBITDA | 4.72 | 5.95 | 4.37 | 5.90 | 6.10 | 5.74 |
| Interest coverage | 2.8x | 1.5x | 3.5x | 1.6x | 1.4x | 1.2x |
| Equity multiplier | 3.23 | 3.16 | 2.85 | 2.69 | 3.13 | 2.98 |
| Liabilities / Assets | 0.61 | 0.59 | 0.56 | 0.55 | 0.56 | 0.57 |
| Efficiency | ||||||
| Asset turnover | 0.16 | 0.15 | 0.14 | 0.14 | 0.12 | 0.13 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 32.5x | 167.0x | 28.6x | 149.0x | 125.0x | 192.1x |
| P / B | 3.7x | 4.2x | 3.2x | 3.0x | 5.3x | 3.5x |
| P / S | 7.1x | 8.6x | 7.7x | 8.2x | 14.0x | 9.1x |
| EV / EBITDA | 14.6x | 20.6x | 13.9x | 19.3x | 26.5x | 18.8x |
| Growth | ||||||
| Revenue growth (YoY) | 2.4% | 2.7% | 7.3% | 17.6% | 4.0% | 7.7% |
| Revenue CAGR (3y) | 4.1% | 9.0% | 9.5% | 9.6% | 7.2% | 8.0% |
| Revenue CAGR (5y) | 6.6% | 7.7% | 9.2% | 9.0% | 6.1% | 6.8% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 94.5% | -55.2% | 153.2% | -6.4% | 7.6% | 12.7% |
| Net income growth (YoY) | 321.6% | -79.8% | 411.2% | -42.1% | 133.4% | -65.3% |
| EPS growth (YoY) | 334.6% | -80.6% | 415.4% | -45.8% | 140.0% | -68.3% |
| EPS CAGR (3y) | 63.2% | -18.5% | 88.5% | -25.5% | -13.4% | -23.1% |
| EPS CAGR (5y) | 41.4% | -16.2% | 12.6% | -10.0% | -15.0% | -31.1% |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -4.5% | -13.7% | -2.6% | 19.0% | 6.5% | -3.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$11.40M totalManagement Service$11.40M · 100.0%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing UDR against the 5 most active filers in the same SIC group.
Dividends
$1.72/share trailing 12 months · +1.2% YoY
| Ex-date | Per share |
|---|---|
| Apr 15, 2026 | $0.4350 |
| Jan 12, 2026 | $0.4300 |
| Oct 9, 2025 | $0.4300 |
| Jul 10, 2025 | $0.4300 |
| Apr 10, 2025 | $0.4300 |
| Jan 10, 2025 | $0.4250 |
| Oct 10, 2024 | $0.4250 |
| Jul 10, 2024 | $0.4250 |
| Apr 9, 2024 | $0.4250 |
| Jan 9, 2024 | $0.4200 |
| Oct 6, 2023 | $0.4200 |
| Jul 7, 2023 | $0.4200 |
| Apr 6, 2023 | $0.4200 |
| Jan 6, 2023 | $0.3800 |
| Oct 7, 2022 | $0.3800 |
| Jul 8, 2022 | $0.3800 |
| Apr 8, 2022 | $0.3800 |
| Jan 7, 2022 | $0.3630 |
| Oct 7, 2021 | $0.3630 |
| Jul 9, 2021 | $0.3630 |
| Apr 8, 2021 | $0.3630 |
| Jan 8, 2021 | $0.3600 |
| Oct 8, 2020 | $0.3600 |
| Jul 9, 2020 | $0.3600 |