UDR
UDR Inc
NYSE: UDR · REAL ESTATE · REIT - RESIDENTIAL
$36.16
-0.14% today
Updated 2026-04-29
Market cap
$13.61B
P/E ratio
32.00
P/S ratio
7.78x
EPS (TTM)
$1.13
Dividend yield
4.75%
52W range
$32 – $42
Volume
3.4M
UDR Inc (UDR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $467.30M | $505.94M | $590.60M | $562.09M | $525.05M | $623.36M | $716.61M | $758.93M | $818.05M | $894.64M | $959.86M | $995.79M | $1.05B | $1.15B | $1.24B | $1.29B | $1.52B | $1.63B | $1.67B | $1.71B |
| Revenue growth (YoY) | — | +8.3% | +16.7% | -4.8% | -6.6% | +18.7% | +15.0% | +5.9% | +7.8% | +9.4% | +7.3% | +3.7% | +5.1% | +10.1% | +7.7% | +4.0% | +17.6% | +7.3% | +2.7% | +2.4% |
| Cost of revenue | $181.26M | $183.81M | $461.98M | $200.89M | $350.32M | $543.60M | $587.24M | $598.14M | $628.89M | $656.63M | $721.07M | $742.93M | $760.46M | $863.81M | $1.03B | $1.06B | $1.19B | $1.23B | $1.25B | $1.27B |
| Gross profit | $286.04M | $322.13M | $128.62M | $361.21M | $174.74M | $79.75M | $129.37M | $160.78M | $189.15M | $238.00M | $238.79M | $252.86M | $286.40M | $288.38M | $214.62M | $228.04M | $331.03M | $392.52M | $417.01M | $438.21M |
| Gross margin | 61.2% | 63.7% | 21.8% | 64.3% | 33.3% | 12.8% | 18.1% | 21.2% | 23.1% | 26.6% | 24.9% | 25.4% | 27.4% | 25.0% | 17.3% | 17.7% | 21.8% | 24.1% | 24.9% | 25.6% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $31.20M | $39.57M | $47.18M | $39.81M | $131.08M | $131.75M | $36.49M | $42.24M | $47.80M | $59.69M | $49.76M | $48.57M | $46.98M | $51.53M | $49.88M | $57.54M | $64.14M | $69.93M | $84.31M | $115.84M |
| Operating income | $-91.87M | $-78.08M | $-68.41M | $-78.50M | $-116.26M | $22.45M | $67.26M | $116.92M | $126.76M | $159.59M | $400.82M | $227.90M | $354.72M | $221.06M | $249.10M | $267.97M | $250.81M | $635.01M | $284.57M | $322.38M |
| Operating margin | -19.7% | -15.4% | -11.6% | -14.0% | -22.1% | 3.6% | 9.4% | 15.4% | 15.5% | 17.8% | 41.8% | 22.9% | 33.9% | 19.2% | 20.1% | 20.8% | 16.5% | 39.0% | 17.0% | 18.8% |
| EBITDA | $334.14M | $421.21M | $347.27M | $322.47M | $330.08M | $398.12M | $416.71M | $469.36M | $495.55M | $604.75M | $654.42M | $697.59M | $792.08M | $882.26M | $892.85M | $968.53M | $935.33M | $1.35B | $1.00B | $1.00B |
| EBITDA margin | 71.5% | 83.3% | 58.8% | 57.4% | 62.9% | 63.9% | 58.2% | 61.8% | 60.6% | 67.6% | 68.2% | 70.1% | 75.7% | 76.6% | 71.9% | 75.0% | 61.6% | 82.9% | 59.8% | 58.5% |
| EBIT | $87.20M | $160.17M | $90.42M | $38.92M | $21.79M | $23.85M | $62.20M | $121.12M | $131.62M | $223.47M | $228.79M | $261.13M | $356.40M | $374.33M | $274.22M | $348.70M | $255.76M | $657.46M | $304.80M | $322.38M |
| Interest expense | $179.07M | $161.76M | $143.02M | $136.09M | $142.25M | $156.37M | $138.79M | $126.08M | $130.45M | $121.88M | $123.03M | $128.71M | $134.17M | $170.92M | $202.71M | $186.27M | $162.83M | $180.87M | $208.05M | $196.62M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $128.60M | $221.35M | $697.79M | $-87.53M | $-102.90M | $20.02M | $212.18M | $44.81M | $154.33M | $340.38M | $292.72M | $121.56M | $203.11M | $184.97M | $64.27M | $150.02M | $86.92M | $444.35M | $89.58M | $377.70M |
| Net income growth (YoY) | — | +72.1% | +215.2% | -112.5% | -17.6% | +119.5% | +959.7% | -78.9% | +244.4% | +120.5% | -14.0% | -58.5% | +67.1% | -8.9% | -65.3% | +133.4% | -42.1% | +411.2% | -79.8% | +321.6% |
| Profit margin | 27.5% | 43.8% | 118.1% | -15.6% | -19.6% | 3.2% | 29.6% | 5.9% | 18.9% | 38.0% | 30.5% | 12.2% | 19.4% | 16.1% | 5.2% | 11.6% | 5.7% | 27.3% | 5.4% | 22.1% |