Stocks · Real estate · Real Estate Investment Trusts

UDR, Inc.

UDR Clue Score59
United States Fiscal year ends December CIK 0000074208
$34.12 +1.64% Close, 9 Oct 2026
Price $34.12 −35.49% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue0.01Operating income0.40Net income0.29EPS, diluted1.08Fiscal year 2017Revenue0.01 +0.7%Operating income0.23Net income0.12 −58.5%EPS, diluted0.44 −59.3%Fiscal year 2018Revenue0.01 +2.4%Operating income0.35Net income0.20 +67.1%EPS, diluted0.74 +68.2%Fiscal year 2019Revenue0.01 +19.6%Operating income0.22Net income0.18 −8.9%EPS, diluted0.63 −14.9%Fiscal year 2020Revenue0.01 −63.9%Operating income0.25Net income0.06 −65.3%EPS, diluted0.20 −68.3%Fiscal year 2021Revenue0.01 +20.4%Operating income0.27Net income0.15 +133.4%EPS, diluted0.48 +140.0%Fiscal year 2022Revenue0.01 −17.7%Operating income0.25Net income0.09 −42.1%EPS, diluted0.26 −45.8%Fiscal year 2023Revenue0.01 +36.3%Operating income0.64Net income0.44 +411.2%EPS, diluted1.34 +415.4%Fiscal year 2024Revenue0.01 +21.5%Operating income0.28Net income0.09 −79.8%EPS, diluted0.26 −80.6%Fiscal year 2025Revenue0.01 +36.6%Operating income0.55Net income0.38 +321.6%EPS, diluted1.13 +334.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Growth +0.7% +2.4% +19.6% −63.9% +20.4% −17.7% +36.3% +21.5% +36.6%
Operating income 0.40 0.23 0.35 0.22 0.25 0.27 0.25 0.64 0.28 0.55
Net income 0.29 0.12 0.20 0.18 0.06 0.15 0.09 0.44 0.09 0.38
Growth −58.5% +67.1% −8.9% −65.3% +133.4% −42.1% +411.2% −79.8% +321.6%
EPS, diluted 1.08 0.44 0.74 0.63 0.20 0.48 0.26 1.34 0.26 1.13
Growth −59.3% +68.2% −14.9% −68.3% +140.0% −45.8% +415.4% −80.6% +334.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin3,516.0%Net margin2,567.7%Free cash flow margin4,667.8%Fiscal year 2017Operating margin1,984.8%Net margin1,058.7%Free cash flow margin4,507.3%Fiscal year 2018Operating margin3,017.8%Net margin1,728.0%Free cash flow margin4,728.8%Fiscal year 2019Operating margin1,572.8%Net margin1,316.0%Fiscal year 2020Operating margin4,914.2%Net margin1,267.8%Fiscal year 2021Operating margin4,391.5%Net margin2,458.5%Fiscal year 2022Operating margin4,994.3%Net margin1,730.9%Fiscal year 2023Operating margin9,279.7%Net margin6,493.5%Fiscal year 2024Operating margin3,421.5%Net margin1,077.1%Fiscal year 2025Operating margin4,872.9%Net margin3,324.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 3,516.0% 1,984.8% 3,017.8% 1,572.8% 4,914.2% 4,391.5% 4,994.3% 9,279.7% 3,421.5% 4,872.9%
Net margin 2,567.7% 1,058.7% 1,728.0% 1,316.0% 1,267.8% 2,458.5% 1,730.9% 6,493.5% 1,077.1% 3,324.6%
Free cash flow margin 4,667.8% 4,507.3% 4,728.8% n/a n/a n/a n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.54Capital expenditure−0.00Free cash flow0.53Dividends paid−0.31Fiscal year 2017Operating cash flow0.52Capital expenditure−0.00Free cash flow0.52 −2.7%Dividends paid−0.33Fiscal year 2018Operating cash flow0.56Capital expenditure−0.00Free cash flow0.56 +7.4%Buybacks−0.02Dividends paid−0.34Fiscal year 2019Operating cash flow0.63Dividends paid−0.38Fiscal year 2020Operating cash flow0.60Buybacks−0.02Dividends paid−0.42Fiscal year 2021Operating cash flow0.66Dividends paid−0.43Fiscal year 2022Operating cash flow0.82Buybacks−0.05Dividends paid−0.48Fiscal year 2023Operating cash flow0.83Buybacks−0.03Dividends paid−0.54Fiscal year 2024Operating cash flow0.88Dividends paid−0.56Fiscal year 2025Operating cash flow0.90Buybacks−0.12Dividends paid−0.57
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.54 0.52 0.56 0.63 0.60 0.66 0.82 0.83 0.88 0.90
Capital expenditure −0.00 −0.00 −0.00 n/a n/a n/a n/a n/a n/a n/a
Free cash flow 0.53 0.52 0.56 n/a n/a n/a n/a n/a n/a n/a
Growth −2.7% +7.4%
Buybacks n/a n/a −0.02 n/a −0.02 n/a −0.05 −0.03 n/a −0.12
Dividends paid −0.31 −0.33 −0.34 −0.38 −0.42 −0.43 −0.48 −0.54 −0.56 −0.57

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.00Total debt3.40Net cash (debt)−3.40Shareholders’ equity3.09Debt to equity1.10Fiscal year 2017Cash0.00Total debt3.67Net cash (debt)−3.67Shareholders’ equity2.83Debt to equity1.30Fiscal year 2018Cash0.19Total debt3.55Net cash (debt)−3.36Shareholders’ equity2.91Debt to equity1.22Fiscal year 2019Cash0.01Total debt4.71Net cash (debt)−4.70Shareholders’ equity3.36Debt to equity1.40Fiscal year 2020Cash0.00Total debt4.98Net cash (debt)−4.98Shareholders’ equity3.23Debt to equity1.54Fiscal year 2021Cash0.00Total debt5.41Net cash (debt)−5.41Shareholders’ equity3.44Debt to equity1.57Fiscal year 2022Cash0.00Total debt5.49Net cash (debt)−5.49Shareholders’ equity4.10Debt to equity1.34Fiscal year 2023Cash0.00Total debt5.80Net cash (debt)−5.80Shareholders’ equity3.99Debt to equity1.45Fiscal year 2024Cash0.00Total debt5.83Net cash (debt)−5.83Shareholders’ equity3.44Debt to equity1.69Fiscal year 2025Cash0.00Total debt5.82Net cash (debt)−5.82Shareholders’ equity3.29Debt to equity1.77
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.00 0.00 0.19 0.01 0.00 0.00 0.00 0.00 0.00 0.00
Total debt 3.40 3.67 3.55 4.71 4.98 5.41 5.49 5.80 5.83 5.82
Net cash (debt) −3.40 −3.67 −3.36 −4.70 −4.98 −5.41 −5.49 −5.80 −5.83 −5.82
Shareholders’ equity 3.09 2.83 2.91 3.36 3.23 3.44 4.10 3.99 3.44 3.29
Debt to equity 1.10 1.30 1.22 1.40 1.54 1.57 1.34 1.45 1.69 1.77

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Growth +0.7% +2.4% +19.6% −63.9% +20.4% −17.7% +36.3% +21.5% +36.6%
0.05 0.05 0.05 0.05 0.05 0.06 0.06 0.07 0.08 0.09
0.40 0.23 0.35 0.22 0.25 0.27 0.25 0.64 0.28 0.55
Growth −43.1% +55.6% −37.7% +12.7% +7.6% −6.4% +153.2% −55.2% +94.5%
0.33 0.13 0.22 0.20 0.07 0.16 0.09 0.48 0.10 0.40
0.01 −0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.29 0.12 0.20 0.18 0.06 0.15 0.09 0.44 0.09 0.38
Growth −58.5% +67.1% −8.9% −65.3% +133.4% −42.1% +411.2% −79.8% +321.6%
Per share
1.09 0.44 0.74 0.63 0.20 0.49 0.26 1.34 0.26 1.13
1.08 0.44 0.74 0.63 0.20 0.48 0.26 1.34 0.26 1.13
Growth −59.3% +68.2% −14.9% −68.3% +140.0% −45.8% +415.4% −80.6% +334.6%
265.4 267.0 268.2 285.2 294.5 300.3 321.7 328.8 329.3 330.3
267.3 268.8 269.5 286.0 294.9 301.7 322.7 329.1 330.1 331.1
Growth +0.6% +0.2% +6.1% +3.1% +2.3% +7.0% +2.0% +0.3% +0.3%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 17.5% a year over five years, and earnings per share grew 41.4% a year.
  • The diluted share count rose 12.2% in five years, which is dilution.
  • Operating margin is down 41.4 points on five years ago, at 4,872.9%.
  • Profitable in every one of the 10 years on file.