
UDR (UDR) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
421.9M
Gross Profit
112.2M
26.58%
Operating Income
77.6M
18.38%
Net Income
82.1M
19.45%
EPS (Diluted)
$0.23
Balance Sheet Metrics
Total Assets
10.7B
Total Liabilities
6.4B
Shareholders Equity
4.4B
Debt to Equity
1.45
Cash Flow Metrics
Operating Cash Flow
205.3M
Free Cash Flow
94.3M
Revenue & Profitability Trend
UDR Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 1.7B | 1.6B | 1.5B | 1.3B | 1.2B |
Cost of Goods Sold | 1.3B | 1.2B | 1.2B | 1.1B | 1.0B |
Gross Profit | 417.0M | 392.5M | 331.0M | 228.0M | 214.6M |
Gross Margin % | 24.9% | 24.1% | 21.8% | 17.7% | 17.3% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 84.3M | 69.9M | 64.1M | 57.5M | 49.9M |
Other Operating Expenses | 30.4M | 20.2M | 17.5M | 21.6M | 22.8M |
Total Operating Expenses | 114.7M | 90.2M | 81.6M | 79.2M | 72.6M |
Operating Income | 282.9M | 287.0M | 235.1M | 135.7M | 132.0M |
Operating Margin % | 16.9% | 17.6% | 15.5% | 10.5% | 10.6% |
Non-Operating Items | |||||
Interest Income | - | 17.8M | - | 15.1M | 6.3M |
Interest Expense | 208.0M | 180.9M | 162.8M | 186.3M | 202.7M |
Other Non-Operating Income | 21.9M | 352.7M | 20.7M | 198.0M | 136.0M |
Pre-tax Income | 96.8M | 476.6M | 92.9M | 162.4M | 71.5M |
Income Tax | 879.0K | 2.1M | 349.0K | 1.4M | 2.5M |
Effective Tax Rate % | 0.9% | 0.4% | 0.4% | 0.9% | 3.6% |
Net Income | 95.9M | 474.5M | 92.6M | 161.0M | 69.0M |
Net Margin % | 5.7% | 29.2% | 6.1% | 12.5% | 5.6% |
Key Metrics | |||||
EBITDA | 998.6M | 1.0B | 919.6M | 836.2M | 775.7M |
EPS (Basic) | $0.26 | $1.34 | $0.26 | $0.49 | $0.20 |
EPS (Diluted) | $0.26 | $1.34 | $0.26 | $0.48 | $0.20 |
Basic Shares Outstanding | 329290000 | 328765000 | 321671000 | 300326000 | 294545000 |
Diluted Shares Outstanding | 329290000 | 328765000 | 321671000 | 300326000 | 294545000 |
Income Statement Trend
UDR Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 1.3M | 2.9M | 1.2M | 967.0K | 1.4M |
Short-term Investments | - | - | - | - | - |
Accounts Receivable | - | - | - | - | - |
Inventory | - | - | - | - | - |
Other Current Assets | - | - | - | - | - |
Total Current Assets | 283.3M | 263.7M | 84.9M | 55.3M | 182.2M |
Non-Current Assets | |||||
Property, Plant & Equipment | 187.0M | 190.6M | 194.1M | 197.5M | 200.9M |
Goodwill | - | - | - | - | - |
Intangible Assets | - | - | - | - | - |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 197.5M | 210.0M | 197.5M | 216.3M | 188.1M |
Total Non-Current Assets | 10.6B | 11.1B | 11.0B | 10.7B | 9.5B |
Total Assets | 10.9B | 11.4B | 11.0B | 10.8B | 9.6B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 115.1M | 141.3M | 153.2M | 137.0M | 111.0M |
Short-term Debt | 299.3M | 412.7M | 328.0M | 249.5M | 218.0M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | 726.7M | 848.9M | 751.8M | 645.7M | 568.5M |
Non-Current Liabilities | |||||
Long-term Debt | 5.7B | 5.6B | 5.3B | 5.4B | 5.0B |
Deferred Tax Liabilities | - | - | - | - | - |
Other Non-Current Liabilities | - | - | 52.0M | 55.4M | 49.0M |
Total Non-Current Liabilities | 5.7B | 5.6B | 5.3B | 5.4B | 5.0B |
Total Liabilities | 6.4B | 6.4B | 6.1B | 6.0B | 5.5B |
Equity | |||||
Common Stock | 3.3M | 3.3M | 3.3M | 3.2M | 3.0M |
Retained Earnings | -4.2B | -3.6B | -3.5B | -3.5B | -2.7B |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 4.5B | 5.0B | 4.9B | 4.8B | 4.1B |
Key Metrics | |||||
Total Debt | 6.0B | 6.0B | 5.7B | 5.6B | 5.2B |
Working Capital | -443.4M | -585.2M | -666.9M | -590.5M | -386.4M |
Balance Sheet Composition
UDR Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 95.9M | 474.5M | 92.6M | 161.0M | 69.0M |
Depreciation & Amortization | 695.5M | 691.8M | 679.6M | 619.8M | 618.6M |
Stock-Based Compensation | 32.6M | 32.9M | 27.5M | 22.1M | 19.6M |
Working Capital Changes | -35.9M | -36.4M | -3.3M | -22.0M | -46.8M |
Operating Cash Flow | 815.2M | 1.2B | 828.1M | 800.1M | 672.6M |
Investing Activities | |||||
Capital Expenditures | - | - | - | - | - |
Acquisitions | -49.3M | -72.4M | -201.4M | -112.3M | -77.6M |
Investment Purchases | - | - | - | - | - |
Investment Sales | 4.6M | 14.5M | 0 | 0 | - |
Investing Cash Flow | -76.9M | -143.2M | -276.6M | -631.0K | -84.9M |
Financing Activities | |||||
Share Repurchases | 0 | -25.6M | -49.0M | 0 | -19.8M |
Dividends Paid | -563.3M | -544.6M | -488.0M | -438.0M | -423.6M |
Debt Issuance | 301.7M | 0 | 0 | 513.1M | 1.1B |
Debt Repayment | -153.6M | -24.7M | -2.7M | -301.1M | -725.8M |
Financing Cash Flow | -599.9M | -538.9M | 111.2M | 612.5M | -152.6M |
Free Cash Flow | 605.2M | 520.3M | 584.1M | 497.4M | 430.2M |
Net Change in Cash | 138.4M | 490.5M | 662.8M | 1.4B | 435.1M |
Cash Flow Trend
UDR Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
99.67
Forward P/E
82.70
Price to Book
3.92
Price to Sales
8.55
PEG Ratio
2.66
Profitability Ratios
Profit Margin
7.69%
Operating Margin
19.67%
Return on Equity
3.12%
Return on Assets
1.88%
Financial Health
Current Ratio
0.24
Debt to Equity
139.06
Beta
0.84
Per Share Data
EPS (TTM)
$0.39
Book Value per Share
$9.91
Revenue per Share
$5.19
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
udr | 14.7B | 99.67 | 3.92 | 3.12% | 7.69% | 139.06 |
AvalonBay | 26.9B | 23.17 | 2.25 | 9.71% | 38.39% | 72.58 |
Equity Residential | 25.4B | 24.32 | 2.23 | 9.08% | 33.22% | 75.26 |
Invitation Homes | 18.5B | 33.88 | 1.91 | 5.53% | 20.59% | 84.59 |
Essex Property | 18.1B | 21.09 | 3.00 | 15.12% | 42.39% | 116.68 |
Mid-America | 17.1B | 29.30 | 2.83 | 9.57% | 25.98% | 83.59 |
Financial data is updated regularly. All figures are in the company's reporting currency.