Overview
UDR, Inc.
Latest 10-K: FY2025, filed Feb 17, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $1.71B
- 2.4%YoYup from FY2024
- TotalRevenue
- Gross profit
- Not reported
- Operating income
- $0.55B
- 94.5%YoYup from FY2024
- OperatingIncome
- Net income
- $0.38B
- 321.6%YoYup from FY2024
- NetIncome
- Diluted EPS
- $1.13
- 334.6%YoYup from FY2024
- EPSDiluted
- Diluted shares
- 331.1M
- 0.3%YoYup from FY2024
- WeightedAvgSharesDiluted
At a glance
Growth
- UDR, Inc. reported revenue of $1.71B for fiscal 2025, up 2.4% from fiscal 2024.
- Revenue grew faster than the median S&P 500 member in 2 of the last 5 fiscal years.
Profitability
- Operating margin was 32.3% and net margin was 22.1%, against a median net margin of 12.8% across S&P 500 members for the same fiscal year.
Per share
- Diluted EPS was $1.13, up 334.6% from the prior year.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 31, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $1.71B2.4%up Benchmark median 6.4% | $1.67B2.7%up Benchmark median 4.5% | $1.63B7.3%up Benchmark median 4.8% | $1.52B17.6%up Benchmark median 10.3% | $1.29B4.0%up Benchmark median 13.8% | 7.3% Benchmark median 6.6% |
| Gross Profit Median of 315 / 498 | — | — | — | — | — | — Benchmark median 6.2% |
| Operating Income Median of 373 / 498 | $553.61M94.5%up Benchmark median 7.3% | $284.57M55.2%down Benchmark median 7.4% | $635.01M153.2%up Benchmark median 4.9% | $250.81M6.4%down Benchmark median 7.5% | $267.97M7.6%up Benchmark median 23.5% | 19.9% Benchmark median 7.2% |
| Net Income | $377.70M321.6%up Benchmark median 4.8% | $89.58M79.8%down Benchmark median 5.7% | $444.35M411.2%up Benchmark median 1.9% | $86.92M42.1%down Benchmark median 1.3% | $150.02M133.4%up Benchmark median 33.9% | 26.0% Benchmark median 4.1% |
| EPS (Diluted) | $1.13334.6%up Benchmark median 6.2% | $0.2680.6%down Benchmark median 7.9% | $1.34415.4%up Benchmark median 1.9% | $0.2645.8%down Benchmark median 1.5% | $0.48140.0%up Benchmark median 34.8% | 23.9% Benchmark median 5.6% |
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $10.61B2.7%down Benchmark median 5.6% | $10.90B4.2%down Benchmark median 3.4% | $11.37B3.0%up Benchmark median 4.1% | $11.04B2.4%up Benchmark median 2.2% | $10.78B11.8%up Benchmark median 6.7% | -0.4% Benchmark median 4.7% |
| Total Liabilities Median of 357 / 498 | $6.46B0.3%up Benchmark median 6.4% | $6.44B0.2%up Benchmark median 1.9% | $6.42B5.3%up Benchmark median 2.9% | $6.10B1.6%up Benchmark median 2.0% | $6.00B8.7%up Benchmark median 5.2% | 1.8% Benchmark median 4.4% |
| Stockholders' Equity | $3.29B4.5%down Benchmark median 6.8% | $3.44B13.7%down Benchmark median 5.4% | $3.99B2.6%down Benchmark median 7.3% | $4.10B18.0%up Benchmark median 2.5% | $3.47B6.6%up Benchmark median 9.0% | -1.4% Benchmark median 6.1% |
| Cash & Equivalents | $1.22M7.8%down Benchmark median 5.2% | $1.33M54.6%down Benchmark median 1.9% | $2.92M144.9%up Benchmark median 6.7% | $1.19M23.4%up Benchmark median -8.6% | $0.97M31.4%down Benchmark median -2.9% | 6.0% Benchmark median 2.0% |
| Total Debt | $5.82B†0.1%down Benchmark median 2.1% | $5.83B†0.5%up Benchmark median 0.2% | $5.80B†5.7%up Benchmark median 0.3% | $5.49B†1.4%up Benchmark median 0.1% | $5.41B†8.8%up Benchmark median -0.1% | 1.8% Benchmark median 4.3% |
† Sum of short-term and long-term debt; the company files no total-debt line.
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $902.89M3.0%up Benchmark median 6.3% | $876.85M5.3%up Benchmark median 4.8% | $832.66M1.5%up Benchmark median 9.9% | $820.07M23.5%up Benchmark median -0.7% | $663.96M9.9%up Benchmark median 10.7% | 8.0% Benchmark median 7.0% |
| Capital Expenditures | — | — | — | — | — | — Benchmark median 9.0% |
| Free Cash Flow Median of 378 / 498 | — | — | — | — | — | — Benchmark median 4.9% |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2025Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
3.1%
Wall Street
on net earnings
FY2024 0.6%
— Not reported
Value investor
on free cash flow
FY2024 — Not reported
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E 32.5×Value investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Enterprise yield
What a dollar of enterprise value earned
6.9%
Wall Street
on EBITDA
FY2024 4.9%
3.1%
Value investor
on EBIT
FY2024 1.4%
Gap −3.8 pts: Value-investor figure 3.8 points lower
How it’s calculated
Wall Street · on EBITDA
EBITDA ÷ enterprise value (1 ÷ EV/EBITDA)
ev_ebitda (ratio table)
EV/EBITDA 14.6×Value investor · on EBIT
Operating income (EBIT) ÷ enterprise value: depreciation counts as a real cost
operating income ÷ (ev_ebitda × ebitda)
Valuation · Book yield
Net assets behind a dollar of market value
27.1%
Wall Street
on book equity
FY2024 24.0%
27.1%
Value investor
on tangible book
FY2024 24.0%
Gap Same: Both views read the same
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 3.7×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
11.2%
Wall Street
ROE: net income ÷ equity
FY2024 2.4%
5.2%
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2024 2.6%
Gap −6.0 pts: Value-investor figure 6.0 points lower
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
72.0%
Wall Street
EBITDA margin
FY2024 58.6%
— Not reported
Value investor
Free-cash-flow margin
FY2024 — Not reported
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Debt cover
How many times one year of earnings repays all debt
0.21×
Wall Street
EBITDA ÷ total debt
FY2024 0.17×
— Not reported
Value investor
FCF ÷ total debt
FY2024 — Not reported
How it’s calculated
Wall Street · EBITDA ÷ total debt
EBITDA ÷ total debt (short-term + long-term)
ebitda ÷ total debt
Net debt/EBITDA 4.72×Value investor · FCF ÷ total debt
Free cash flow ÷ total debt: what is actually left to repay it
free cash flow ÷ total debt
Balance sheet · Interest cover
How many times earnings pay the year's interest
6.3×
Wall Street
EBITDA ÷ interest
FY2024 5.0×
2.8×
Value investor
EBIT ÷ interest
FY2024 1.5×
Gap −3.5×: Value-investor figure 3.5 lower
How it’s calculated
Wall Street · EBITDA ÷ interest
EBITDA ÷ interest expense
ebitda_interest_coverage (ratio table)
Value investor · EBIT ÷ interest
Operating income ÷ interest expense
interest_coverage (ratio table)
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on UDR yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on UDR and publish the result to your public profile.
Cite this page
Data as of Oct 31, 2026. Canonical address: https://valuein.biz/data/UDR
Valuein. (2026, October 31). UDR, Inc. (UDR) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/UDR
@misc{valuein_udr_2026,
author = {{Valuein}},
title = {UDR, Inc. (UDR) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/UDR}},
note = {Data as of 2026-10-31; source: SEC EDGAR filings}
}10-K filed Feb 17, 2026 · accession 0000074208-26-000013
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point-in-time · survivorship-free · every number traceable to its SEC filing
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