Urban Edge Properties UE

Real estate SIC 6500 - Real Estate NAICS Real Estate and Rental and Leasing › Real Estate derived NYSE

Urban Edge Properties ("UE", "Urban Edge" or the "Company") (NYSE: UE) is a Maryland REIT that owns, manages, acquires, develops, and redevelops retail real estate, primarily in the Washington, D.C. to Boston corridor. Urban Edge Properties LP ("UELP" or the "Operating Partnership") is a Delaware limited partnership formed to serve as UE's majority-owned partnership subsidiary and to own, through affiliates, all of our real estate and other assets. Our portfolio is currently comprised of 69 shopping centers, two outlet centers and two malls totaling approximately 17.2 million square feet ("sf") of gross leasable area with a consolidated occupancy rate of 90.1%.

We are a leading owner and operator of retail real estate focused on the Washington, D.C. to Boston corridor. Our goal is to generate industry leading growth while improving the communities we serve.

Last close 19.33 2026-10-23
Market cap $2.44B 2026-03-31 share count
52-week range 18.46 - 24.11

Valuation FY2025 figures against the last close

P/S5.2x
P/E26.1x
P/FCF29.8x
EV/EBITDA—
Dividend yield3.9%
Diluted EPS0.74

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $471.9M$445.0M$416.9M$397.9M$425.1M$330.1M$387.6M$414.2M$407.0M$326.0M
SG&A $40.0M$37.5M$37.1M$43.1M$39.2M$48.7M$38.2M$35.0M$30.7M$28.8M
Total operating expenses ——————$283.8M$292.3M$245.3M$193.0M
Operating income ———————$121.9M$161.8M$133.0M
Pre-tax income $100.1M$77.8M$277.7M$50.2M$109.0M$58.8M$117.5M$120.5M$72.7M$97.4M
Income tax $2.6M$2.4M$17.8M$2.9M$1.1M$39.0M$1.3M$3.5M$278.0K$804.0K
Net income $93.5M$72.6M$248.5M$46.2M$102.7M$93.6M$109.5M$105.2M$67.1M$90.8M
EPS, basic 0.740.602.110.390.880.790.910.920.620.91
EPS, diluted 0.740.602.110.390.880.790.910.920.610.91
Shares, diluted (wtd. avg.) 125.9M121.4M117.6M121.6M121.4M117.9M119.9M114.1M118.4M99.8M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $48.9M$41.4M$101.1M$85.5M$164.5M$384.6M$433.0M$440.4M$490.3M$131.7M
Other intangibles $87.6M$109.8M$113.9M$62.9M$71.1M$56.2M$48.1M$68.4M$87.2M$30.9M
Total assets $3.31B$3.31B$3.28B$2.98B$2.99B$2.94B$2.85B$2.80B$2.82B$1.90B
Long-term debt ———$1.69B$1.69B$1.59B$1.55B$1.55B$1.56B$1.20B
Total liabilities $1.94B$1.95B$2.06B$1.95B$1.94B$1.94B$1.83B$1.79B$1.83B$1.41B
Retained earnings $124.6M$126.7M$137.1M-$36.1M-$7.1M-$39.5M-$52.5M-$52.9M-$57.6M-$29.1M
Total equity $1.38B$1.36B$1.22B$1.03B$1.05B$995.9M$1.01B$1.01B$990.5M$496.1M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $182.7M$153.2M$163.0M$139.6M$135.3M$112.8M$156.4M$137.0M$157.9M$137.2M
Depreciation and amortisation $139.5M$151.0M$109.8M$100.8M$94.1M$97.8M$96.6M$102.9M$82.5M$57.2M
Stock-based compensation $11.8M$10.4M$7.8M$10.5M$10.8M$17.0M$13.5M$9.7M$7.1M$5.4M
Capital expenditure $100.9M$110.6M$115.7M$116.0M$95.4M$28.5M$91.3M$118.8M——
Investing cash flow -$75.6M-$234.7M-$117.7M-$151.9M-$311.2M-$98.5M-$2.5M-$64.8M-$295.7M-$59.2M
Financing cash flow -$118.9M-$2.1M$161.0K-$78.8M-$23.5M-$80.2M-$126.3M-$115.6M$498.5M-$115.9M
Dividends paid $95.5M$82.9M$75.2M$75.1M$124.0M$26.6M$106.2M$100.2M$95.4M$81.2M
Buybacks ———$0$0$54.1M$0$0——

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 0001611547-26-000022.

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: 326M Net income, FY2016: 90.8M Revenue, FY2017: 407M Net income, FY2017: 67.1M Revenue, FY2018: 414.2M Net income, FY2018: 105.2M Revenue, FY2019: 387.6M Net income, FY2019: 109.5M Revenue, FY2020: 330.1M Net income, FY2020: 93.6M Revenue, FY2021: 425.1M Net income, FY2021: 102.7M Revenue, FY2022: 397.9M Net income, FY2022: 46.2M Revenue, FY2023: 416.9M Net income, FY2023: 248.5M Revenue, FY2024: 445M Net income, FY2024: 72.6M Revenue, FY2025: 471.9M Net income, FY2025: 93.5M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $326.0M $407.0M $414.2M $387.6M $330.1M $425.1M $397.9M $416.9M $445.0M $471.9M
Gross profit — — — — — — — — — —
Net income $90.8M $67.1M $105.2M $109.5M $93.6M $102.7M $46.2M $248.5M $72.6M $93.5M

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
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • 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
  • Regulation FD disclosure Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02

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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