UDR · XBRL financial data
UDR financial statements, every fiscal year
The same tables from 6 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 years (UDR's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 1,241 | 1,291 | 1,517 | 1,628 | 1,672 | 1,712 |
| Revenue from contracts with customers | 5 | 6 | 5 | 7 | 8 | 11 |
| General and administrative | 50 | 58 | 64 | 70 | 84 | 85 |
| Operating income (loss) | 249 | 268 | 251 | 635 | 285 | 554 |
| Interest expense | 203 | 186 | 156 | 181 | 196 | 197 |
| Other income (expense) | 6 | 15 | (7) | 18 | (12) | 19 |
| Income tax expense (benefit) | 3 | 1 | 0 | 2 | 1 | 1 |
| Net income (loss) | 64 | 150 | 87 | 444 | 90 | 378 |
| Earnings per share, basic USD per share | 0.20 | 0.49 | 0.26 | 1.34 | 0.26 | 1.13 |
| Earnings per share, diluted USD per share | 0.20 | 0.48 | 0.26 | 1.34 | 0.26 | 1.13 |
| Weighted average shares, basic millions of shares | 295 | 300 | 322 | 329 | 329 | 330 |
| Weighted average shares, diluted millions of shares | 295 | 302 | 323 | 329 | 330 | 331 |
Balance sheet
CSVFiscal years (UDR's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1 | 1 | 1 | 3 | 1 | 1 |
| Right-of-use asset | 201 | 197 | 194 | 191 | 187 | 188 |
| Total assets | 9,638 | 10,775 | 11,038 | 11,373 | 10,898 | 10,606 |
| Total liabilities | 5,523 | 6,001 | 6,100 | 6,421 | 6,437 | 6,457 |
| Total stockholders' equity | 3,234 | 3,443 | 4,098 | 3,991 | 3,443 | 3,288 |
| Total liabilities and equity | 9,638 | 10,775 | 11,038 | 11,373 | 10,898 | 10,606 |
| Common shares outstanding (cover page) millions of shares | 297 | 318 | 329 | 329 | 331 | 329 |
Cash flows
CSVFiscal years (UDR's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 64 | 150 | 87 | 444 | 90 | 378 |
| Stock-based compensation | 20 | 22 | 28 | 33 | 33 | 26 |
| Depreciation and amortization | 619 | 620 | 680 | 692 | 695 | 680 |
| Net cash from operating activities | 604 | 664 | 820 | 833 | 877 | 903 |
| Net cash from investing activities | (461) | (1,272) | (930) | (289) | (276) | (151) |
| Proceeds from issuing common stock | 102 | 899 | 630 | (1) | — | — |
| Share repurchases | 20 | — | 49 | 25 | — | 118 |
| Dividends paid | 419 | 434 | 484 | 540 | 558 | 568 |
| Net cash from financing activities | (153) | 613 | 111 | (539) | (600) | (750) |
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.