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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $425.85M | - | $431.86M | $425.40M | $421.95M | - | $420.16M | $415.32M | $413.63M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $19.36M | - | $10.53M | $10.01M | $8.32M | - | $20.89M | $20.14M | $17.81M | - |
| Total Operating Expenses | $353.46M | - | $355.51M | $348.01M | $347.69M | - | $350.30M | $346.65M | $350.74M | - |
| D&A | $164.60M | - | $7.01M | $7.39M | $168.46M | - | $4.03M | $4.68M | $174.17M | - |
| Operating Income | $229.81M | - | $76.36M | $77.39M | $122.19M | - | $69.86M | $68.67M | $79.76M | - |
| Interest Expense | $48.58M | - | $50.57M | $48.66M | $47.70M | - | $50.21M | $47.81M | $48.06M | - |
| Income Tax | $455.0K | - | $382.0K | $258.0K | $158.0K | - | ($156.0K) | $386.0K | $337.0K | - |
| Net Income | $189.83M | - | $40.41M | $37.67M | $76.72M | - | $22.60M | $28.88M | $43.15M | - |
| EPS - Basic | $0.58 | - | $0.12 | $0.11 | $0.23 | - | $0.06 | $0.08 | $0.13 | - |
| EPS - Diluted | $0.57 | - | $0.12 | $0.11 | $0.23 | - | $0.06 | $0.08 | $0.13 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.30M | $1.22M | $1.19M | $1.53M | $1.25M | $1.33M | $2.29M | $2.77M | $2.12M | $2.92M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $10.33B | $10.61B | $10.60B | $10.65B | $10.75B | $10.90B | $11.08B | $11.12B | $11.19B | $11.37B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $5.66B | $5.82B | $5.83B | $5.78B | $5.81B | $5.83B | $5.87B | $5.78B | $5.76B | $5.80B |
| Total Liabilities | $6.23B | $6.46B | $6.45B | $6.36B | $6.36B | $6.44B | $6.47B | $6.37B | $6.33B | $6.42B |
| Stockholders' Equity | $3.29B | $3.29B | $3.27B | $3.32B | $3.33B | $3.44B | $3.51B | $3.72B | $3.92B | $3.99B |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $128.74M | - | - | - | $156.22M | - | - | - | $167.60M | - |
| Investing Cash Flow | $283.65M | - | - | - | $17.82M | - | - | - | $18.45M | - |
| Financing Cash Flow | ($414.53M) | - | - | - | ($176.14M) | - | - | - | ($188.95M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 54.0% | - | 17.7% | 18.2% | 29.0% | - | 16.6% | 16.5% | 19.3% | - |
| EBITDA margin | 92.6% | - | 19.3% | 19.9% | 68.9% | - | 17.6% | 17.7% | 61.4% | - |
| Net margin | 44.6% | - | 9.4% | 8.9% | 18.2% | - | 5.4% | 7.0% | 10.4% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 4.5% | - | 2.4% | 2.4% | 2.0% | - | 5.0% | 4.8% | 4.3% | - |
| Effective tax rate | 0.2% | - | 0.9% | 0.7% | 0.2% | - | -0.7% | 1.3% | 0.8% | - |
| Return on assets | 1.8% | - | 0.4% | 0.4% | 0.7% | - | 0.2% | 0.3% | 0.4% | - |
| Return on equity | 5.8% | - | 1.2% | 1.1% | 2.3% | - | 0.6% | 0.8% | 1.1% | - |
| Return on invested capital | 2.6% | - | 0.8% | 0.8% | 1.3% | - | 0.7% | 0.7% | 0.8% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 1.72 | 1.77 | 1.78 | 1.74 | 1.74 | 1.69 | 1.67 | 1.55 | 1.47 | 1.45 |
| Debt / Assets | 0.55 | 0.55 | 0.55 | 0.54 | 0.54 | 0.53 | 0.53 | 0.52 | 0.51 | 0.51 |
| Debt / EBITDA | 14.36 | - | 69.98 | 68.13 | 19.99 | - | 79.38 | 78.75 | 22.69 | - |
| Interest coverage | 4.7x | - | 1.5x | 1.6x | 2.6x | - | 1.4x | 1.4x | 1.7x | - |
| Equity multiplier | 3.15 | 3.23 | 3.24 | 3.20 | 3.23 | 3.16 | 3.15 | 2.99 | 2.86 | 2.85 |
| Liabilities / Assets | 0.60 | 0.61 | 0.61 | 0.60 | 0.59 | 0.59 | 0.58 | 0.57 | 0.57 | 0.56 |
| Efficiency | ||||||||||
| Asset turnover | 0.04 | - | 0.04 | 0.04 | 0.04 | - | 0.04 | 0.04 | 0.04 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 59.3x | - | 310.5x | 371.2x | 196.4x | - | 755.7x | 514.4x | 287.8x | - |
| P / B | 3.4x | - | 3.8x | 4.1x | 4.5x | - | 4.3x | 3.6x | 3.1x | - |
| P / S | 26.2x | - | 28.6x | 31.8x | 35.5x | - | 35.7x | 32.7x | 29.8x | - |
| EV / EBITDA | 42.6x | - | 218.0x | 227.9x | 71.5x | - | 282.2x | 263.6x | 71.1x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 0.9% | - | 2.8% | 2.4% | 2.0% | - | 2.4% | 2.7% | 3.5% | - |
| Revenue CAGR (3y) | 2.1% | - | 3.3% | 4.8% | 5.7% | - | 8.4% | 10.1% | 11.1% | - |
| Revenue CAGR (5y) | 7.2% | - | 6.9% | 6.7% | 5.6% | - | 7.3% | 8.1% | 8.9% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 88.1% | - | 9.3% | 12.7% | 53.2% | - | -10.5% | -82.7% | 20.5% | - |
| Net income growth (YoY) | 147.4% | - | 78.8% | 30.4% | 77.8% | - | -31.2% | -91.7% | 39.4% | - |
| EPS growth (YoY) | 147.8% | - | 100.0% | 37.5% | 76.9% | - | -40.0% | -92.4% | 44.4% | - |
| EPS CAGR (3y) | 85.0% | - | 19.7% | 122.4% | 79.2% | - | 0.0% | 26.0% | 135.1% | - |
| EPS CAGR (5y) | 124.5% | - | - | -10.4% | 87.2% | - | -7.8% | -7.8% | 10.2% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -1.4% | -4.5% | -6.8% | -10.7% | -15.0% | -13.7% | -15.4% | -9.7% | -0.0% | -2.6% |
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%
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 |