UDR, Inc. (UDR) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, UDR reported revenue of $1.71B, up 2.4% from $1.67B the year before. Net income was $377.7M (a 22.1% net margin), or $1.13 per diluted share. Gross margin was 18.1% and operating margin was 32.3%. Operating activities generated $902.9M of cash. At fiscal year end, UDR held $10.61B in total assets against $6.46B in total liabilities, including $1.2M of cash and equivalents.
Open the full interactive UDR financials → Quarterly statements, key ratios, valuation history and price charts.
UDR Key Stats
| Share Price | $34.01 |
|---|---|
| Market Cap | $10.99B |
| P/E Ratio | 30.1 |
| Revenue YoY Growth | +2.4% |
| 52-Week Range | $32.38 – $40.77 |
| Shares Outstanding | 323.0 million (basic, 2026 Q2) |
UDR Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.24B | $1.29B | $1.52B | $1.63B | $1.67B | $1.71B |
| Cost of Goods Sold | $1.11B | $1.16B | $1.29B | $1.34B | $1.40B | $1.40B |
| Gross Profit | $129.8M | $131.9M | $225.3M | $283.8M | $267.7M | $310.7M |
| Operating Income | $249.1M | $268.0M | $250.8M | $635.0M | $284.6M | $553.6M |
| Pre-Tax Income | $71.5M | $162.4M | $92.9M | $476.6M | $96.8M | $404.6M |
| Income Tax | $2.5M | $1.4M | $349,000 | $2.1M | $879,000 | $835,000 |
| Net Income | $64.3M | $150.0M | $86.9M | $444.4M | $89.6M | $377.7M |
| Diluted EPS | $0.20 | $0.48 | $0.26 | $1.34 | $0.26 | $1.13 |
UDR Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $431.9M | $433.1M | $425.8M | $425.4M |
| Net Income | $40.4M | $222.9M | $189.8M | $69.0M |
| Diluted EPS | $0.12 | $0.67 | $0.57 | $0.21 |
UDR Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.4M | $967,000 | $1.2M | $2.9M | $1.3M | $1.2M |
| Total Assets | $9.64B | $10.78B | $11.04B | $11.37B | $10.90B | $10.61B |
| Total Long-Term Debt | $4.98B | $5.41B | $5.49B | $5.80B | $5.83B | $5.82B |
| Total Liabilities | $5.52B | $6.00B | $6.10B | $6.42B | $6.44B | $6.46B |
| Shareholders' Equity | $3.23B | $3.44B | $4.10B | $3.99B | $3.44B | $3.29B |
UDR Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $604.3M | $664.0M | $820.1M | $832.7M | $876.8M | $902.9M |
| Cash From Investing | -$460.8M | -$1.27B | -$929.5M | -$289.1M | -$276.4M | -$151.0M |
| Cash From Financing | -$152.6M | $612.5M | $111.2M | -$538.9M | -$599.9M | -$750.4M |
Figures from UDR's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full UDR financials page for every line item.
UDR Company Profile
| Ticker | UDR |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Highlands Ranch, Colorado |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000074208 |
Frequently Asked Questions
What was UDR's revenue in fiscal 2025?
UDR (UDR) reported revenue of $1.71B for fiscal 2025.
What is UDR's annual revenue history?
UDR's annual revenue by fiscal year: 2020: $1.24B; 2021: $1.29B; 2022: $1.52B; 2023: $1.63B; 2024: $1.67B; 2025: $1.71B.
What was UDR's net income in fiscal 2025?
UDR reported net income of $377.7M for fiscal 2025.
What was UDR's earnings per share (EPS) in fiscal 2025?
UDR's diluted EPS was $1.13 for fiscal 2025 (adjusted for any later stock splits).
What was UDR's revenue last quarter?
In its most recent reported quarter (2026 Q2), UDR reported revenue of $425.4M.
How much debt does UDR have?
UDR reported $5.82B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of UDR are outstanding?
UDR reported a weighted average of 323.0 million basic shares outstanding in 2026 Q2.
What is UDR's market cap?
Based on its latest closing price, UDR (UDR) has a market capitalization of about $10.99B.
When does UDR's fiscal year end?
UDR's fiscal year end, as registered with the SEC, is December 31.
Where is UDR headquartered?
UDR lists its business address in Highlands Ranch, Colorado in its SEC filings.