UDR, Inc. UDR

Real estate SIC 6798 - Real Estate Investment Trusts NAICS Real Estate and Rental and Leasing › Real Estate › Lessors of Real Estate derived NYSE

Last close 35.84 2026-10-23
Market cap $11.64B 2026-03-31 share count
52-week range 32.94 - 42.00

Valuation FY2025 figures against the last close

P/S1,025.0x
P/E31.7x
P/FCF17.9x
EV/EBITDA14.2x
Dividend yield4.9%
Diluted EPS1.13

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $11.4M$8.3M$6.8M$5.0M$6.1M$5.1M$14.1M$11.8M$11.5M$11.4M
SG&A $85.1M$84.3M$69.9M$64.1M$57.5M$49.9M$51.5M$47.0M$48.6M$49.8M
Total operating expenses $1.40B$1.40B$1.34B$1.29B$1.16B$1.11B$936.4M$828.3M$811.3M$785.2M
Operating income $553.6M$284.6M$635.0M$250.8M$268.0M$249.1M$221.1M$354.7M$227.9M$400.8M
Interest expense $196.6M$195.7M$180.9M$155.9M$186.3M$202.7M$170.9M$134.2M$128.7M$123.0M
Pre-tax income $404.6M$96.8M$476.6M$92.9M$162.4M$71.5M$203.4M$222.2M$132.4M$332.0M
Income tax $835.0K$879.0K$2.1M$349.0K$1.4M$2.5M$3.8M$688.0K$240.0K$11.6M
Net income $377.7M$89.6M$444.4M$86.9M$150.0M$64.3M$185.0M$203.1M$121.6M$292.7M
EPS, basic 1.130.261.340.260.490.200.630.740.441.09
EPS, diluted 1.130.261.340.260.480.200.630.740.441.08
Shares, diluted (wtd. avg.) 331.1M330.1M329.1M322.7M301.7M294.9M286.0M269.5M268.8M267.3M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $1.2M$1.3M$2.9M$1.2M$967.0K$1.4M$8.1M$185.2M$2.0M$2.1M
Other intangibles $21.6M$31.0M$45.9M$40.3M$62.7M$37.4M$81.5M———
Total assets $10.61B$10.90B$11.37B$11.04B$10.78B$9.64B$9.64B$7.71B$7.73B$7.68B
Long-term debt $5.82B$5.83B$5.80B$5.49B$5.41B$4.98B$4.71B$3.55B$3.67B$3.40B
Total liabilities $6.46B$6.44B$6.42B$6.10B$6.00B$5.52B$5.23B$3.82B$3.95B$3.67B
Total equity $3.29B$3.44B$3.99B$4.10B$3.47B$3.26B$3.39B$2.92B$2.84B$3.10B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $902.9M$876.8M$832.7M$820.1M$664.0M$604.3M$630.7M$560.7M$518.9M$536.6M
Depreciation and amortisation $680.0M$695.5M$691.8M$679.6M$619.8M$618.6M$507.9M$435.7M$436.5M$425.6M
Stock-based compensation $26.5M$32.6M$32.9M$27.5M$22.1M$19.6M$24.3M$14.2M$12.9M$13.4M
Capital expenditure $252.9M$249.9M$295.4M$214.8M$156.4M$163.1M$167.2M$112.4M$124.7M$4.4M
Investing cash flow -$151.0M-$276.4M-$289.1M-$929.5M-$1.27B-$460.8M-$1.69B-$113.5M-$407.4M-$112.7M
Financing cash flow -$750.4M-$599.9M-$538.9M$111.2M$612.5M-$152.6M$880.4M-$260.1M-$111.8M-$429.3M
Dividends paid $567.9M$558.5M$539.9M$483.6M$433.8M$419.4M$383.1M$342.2M$327.8M$308.9M
Buybacks $117.8M—$25.0M$49.0M—$19.8M—$20.0M——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000074208-26-000013.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 200M 400M 600M Revenue, FY2016: 11.4M Net income, FY2016: 292.7M Revenue, FY2017: 11.5M Net income, FY2017: 121.6M Revenue, FY2018: 11.8M Net income, FY2018: 203.1M Revenue, FY2019: 14.1M Net income, FY2019: 185M Revenue, FY2020: 5.1M Net income, FY2020: 64.3M Revenue, FY2021: 6.1M Net income, FY2021: 150M Revenue, FY2022: 5M Net income, FY2022: 86.9M Revenue, FY2023: 6.8M Net income, FY2023: 444.4M Revenue, FY2024: 8.3M Net income, FY2024: 89.6M Revenue, FY2025: 11.4M Net income, FY2025: 377.7M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $11.4M $11.5M $11.8M $14.1M $5.1M $6.1M $5.0M $6.8M $8.3M $11.4M
Gross profit — — — — — — — — — —
Net income $292.7M $121.6M $203.1M $185.0M $64.3M $150.0M $86.9M $444.4M $89.6M $377.7M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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