UDR Financial Statements
NYSE: UDRReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
UDR revenue and earnings
In fiscal 2025, UDR generated $1.71 billion in revenue, up 2.4% from fiscal 2024, its 15th consecutive year of revenue growth. Net income was $377.7 million (+321.6% year over year), for a net margin of 22.1% versus a median of 5.7% in the prior 5 years. Operating margin was 32.3%.
Diluted earnings per share came in at $1.13, up from $0.26. Over the last 5 fiscal years, UDR's revenue has grown at a 6.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
UDR income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.71B | 1.67B | 1.63B | 1.52B | 1.29B | 1.24B | 1.15B | 1.05B | 995.79M | 959.86M |
| Revenue growth (YoY) | +2.42% | +2.72% | +7.26% | +17.56% | +4.00% | +7.72% | +10.06% | +5.13% | +3.74% | +10.08% |
| Operating Income | 553.61M | 284.57M | 635.01M | 250.81M | 267.97M | 249.10M | 221.06M | 354.72M | 227.90M | 400.82M |
| Interest Expense | 196.62M | 195.71M | 180.87M | 155.90M | 186.27M | 202.71M | 170.92M | 134.17M | 128.71M | 123.03M |
| Other Income (Expense) | 19.18M | -12.34M | 17.76M | -6.93M | 15.09M | 6.27M | 15.40M | 6.74M | 1.97M | 1.93M |
| Pretax Income | 404.55M | 96.76M | 476.59M | 92.93M | 162.43M | 71.52M | 203.42M | 222.23M | 132.41M | 331.95M |
| Income Tax | 835.00K | 879.00K | 2.11M | 349.00K | 1.44M | 2.54M | 3.84M | 688.00K | -240.00K | 11.57M |
| Net Income | 377.70M | 89.58M | 444.35M | 86.92M | 150.02M | 64.27M | 184.97M | 203.11M | 121.56M | 292.72M |
| Net Income growth (YoY) | +321.62% | -79.84% | +411.20% | -42.06% | +133.43% | -65.26% | -8.93% | +67.09% | -58.47% | -14.00% |
| EPS (Basic) | 1.13 | 0.26 | 1.34 | 0.26 | 0.49 | 0.20 | 0.63 | 0.74 | 0.44 | 1.09 |
| EPS (Diluted) | 1.13 | 0.26 | 1.34 | 0.26 | 0.48 | 0.20 | 0.63 | 0.74 | 0.44 | 1.08 |
| Shares Outstanding (Basic) | 330.32M | 329.29M | 328.76M | 321.67M | 300.33M | 294.55M | 285.25M | 268.18M | 267.02M | 265.39M |
| Shares Outstanding (Diluted) | 331.05M | 330.12M | 329.10M | 322.70M | 301.70M | 294.93M | 286.01M | 269.48M | 268.83M | 267.31M |
| EBITDA | 1.23B | 980.04M | 1.33B | 930.39M | 887.80M | 867.73M | 728.98M | 790.40M | 664.36M | 826.46M |
| Operating Margin | 32.33% | 17.02% | 39.02% | 16.53% | 20.76% | 20.07% | 19.19% | 33.88% | 22.89% | 41.76% |
| Net Margin | 22.06% | 5.36% | 27.30% | 5.73% | 11.62% | 5.18% | 16.05% | 19.40% | 12.21% | 30.50% |
This table shows 10 annual periods of UDR's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, operating income, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow UDR's reporting calendar. What is a income statement?