UDR · XBRL financial data
UDR financial statements, every quarter
The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (UDR's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 | Sep 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 413* | 414 | 415 | 420 | 423* | 422 | 425 | 432 | 433* | 426 | 425 | 428 |
| Revenue from contracts with customers | 2* | 2 | 2 | 2 | 2* | 2 | 2 | 3 | 4* | 3 | 2 | 4 |
| Selling, general and administrative | — | 8 | 9 | 10 | — | 9 | 10 | 11 | — | — | — | — |
| General and administrative | 21* | 18 | 20 | 21 | 25* | 19 | 20 | 23 | 23* | 19 | 19 | 21 |
| Operating income (loss) | 94* | 80 | 69 | 70 | 66* | 122 | 77 | 76 | 278* | 230 | 116 | 270 |
| Interest expense | 47* | 48 | 48 | 50 | 50* | 48 | 49 | 51 | 50* | 49 | 48 | 49 |
| Other income (expense) | 9* | 6 | 6 | 6 | (31)* | 2 | 8 | 4 | 5* | 2 | 3 | 8 |
| Income tax expense (benefit) | 0* | 0 | 0 | (0) | 0* | 0 | 0 | 0 | 0* | 0 | 0 | 0 |
| Net income (loss) | 33* | 43 | 29 | 23 | (5)* | 77 | 38 | 40 | 223* | 190 | 69 | 216 |
| Earnings per share, basic USD per share | 0.10* | 0.13 | 0.08 | 0.06 | (0.02)* | 0.23 | 0.11 | 0.12 | 0.68* | 0.58 | 0.21 | 0.67 |
| Earnings per share, diluted USD per share | 0.10* | 0.13 | 0.08 | 0.06 | (0.02)* | 0.23 | 0.11 | 0.12 | 0.68* | 0.57 | 0.21 | 0.67 |
| Weighted average shares, basic millions of shares | 329* | 329 | 329 | 329 | 330* | 331 | 331 | 331 | 329* | 327 | 323 | 321 |
| Weighted average shares, diluted millions of shares | 325* | 329 | 330 | 331 | 331* | 332 | 332 | 331 | 330* | 330 | 323 | 324 |
Balance sheet
CSVFiscal quarters (UDR's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 | Sep 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 3 | 2 | 3 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
| Right-of-use asset | 191 | 190 | 189 | 188 | 187 | 186 | 185 | 184 | 188 | 187 | 186 | 185 |
| Total assets | 11,373 | 11,190 | 11,118 | 11,080 | 10,898 | 10,745 | 10,647 | 10,602 | 10,606 | 10,334 | 10,265 | 10,301 |
| Total liabilities | 6,421 | 6,334 | 6,373 | 6,467 | 6,437 | 6,357 | 6,364 | 6,450 | 6,457 | 6,228 | 6,426 | 6,373 |
| Total stockholders' equity | 3,991 | 3,919 | 3,722 | 3,514 | 3,443 | 3,331 | 3,325 | 3,275 | 3,288 | 3,286 | 2,939 | 3,128 |
| Total liabilities and equity | 11,373 | 11,190 | 11,118 | 11,080 | 10,898 | 10,745 | 10,647 | 10,602 | 10,606 | 10,334 | 10,265 | 10,301 |
| Common shares outstanding (cover page) millions of shares | 329 | 329 | 330 | 330 | 331 | 331 | 331 | 330 | 329 | 325 | 321 | 317 |
Cash flows
CSVFiscal quarters (UDR's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 | Sep 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | 33* | 43 | 29 | 23 | (5)* | 77 | 38 | 40 | 223* | 190 | 69 | 216 |
| Stock-based compensation | 10* | 7 | 9* | 9* | 7* | 7 | 9* | 3* | 7* | 10 | 7* | 8* |
| Depreciation and amortization | 175* | 174 | 175* | 174* | 172* | 168 | 171* | 173* | 168* | 165 | 164* | 165* |
| Net cash from operating activities | 219* | 168 | 238* | 230* | 241* | 156 | 250* | 235* | 261* | 129 | 262* | 202* |
| Net cash from investing activities | (73)* | 18 | (98)* | (148)* | (49)* | 18 | (59)* | (113)* | 3* | 284 | (58)* | 8* |
| Proceeds from issuing common stock | (0)* | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0* | — | — | — | — | — | — | 25 | 93* | 100 | 200 | 0* |
| Dividends paid | 138* | 138 | 140* | 140* | 140* | 141 | 142* | 142* | 142* | 141 | 142* | 140* |
| Net cash from financing activities | (144)* | (189) | (138)* | (81)* | (192)* | (176) | (190)* | (121)* | (264)* | (415) | (203)* | (209)* |
Compare with peers
SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| UDR | 1.2 | 3.5 | 202* | 316.9M | — | 10-QSep 30, 2026 |
| Agree Realty | 81 | 214 | 185* | 130.1M | — | 10-QSep 30, 2026 |
| Cousins Properties | 5.2 | 259 | 111* | 164.6M | — | 10-QSep 30, 2026 |
| Kite Realty Group Trust | 33 | 190 | 104* | 198.0M | — | 10-QSep 30, 2026 |
| Healthcare Realty Trust | 17 | 7.9 | 122* | 338.5M | — | 10-QSep 30, 2026 |
| InterDigital | 639 | 193 | 150* | 25.8M | — | 10-QSep 30, 2026 |
| KBS Real Estate Investment Trust III | 27 | 56 | 0.2* | 148.5M | — | 10-QJun 30, 2026 |
| American Healthcare REIT | 157 | 674 | 119* | 218.0M | — | 10-QJun 30, 2026 |
| Rithm Capital | 1,709 | 1,756 | (1,589)* | 558.4M | 3.9 quarters | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
