UDR, Inc. financials

UDR CIK 0000074208

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:19:48Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2019
Free Cash Flow 650.03M 626.96M 537.22M 605.24M 507.58M 463.52M
EBITDA 1.23B 980.04M 1.33B 930.39M 887.80M 728.98M
Net Debt 6.00B 6.01B 5.98B 5.68B 5.60B 4.90B
Operating Margin 4872.86% 3421.53% 9279.67% 4994.31% 4391.48% 1572.80%
Net Margin 3324.57% 1077.13% 6493.54% 1730.86% 2458.47% 1316.01%
Return on Equity (ROE) 11.49% 2.60% 11.13% 2.12% 4.36% 5.51%
Return on Assets (ROA) 3.56% 0.82% 3.91% 0.79% 1.39% 1.92%
Debt-to-Equity 1.8259 1.7452 1.4995 1.3852 1.6281 1.4608
Effective Tax Rate 0.21% 0.91% 0.44% 0.38% 0.89% 1.89%
Cash Conversion Ratio 2.3905 9.7879 1.8739 9.4343 4.4259 3.4099
Accruals Ratio -0.0495 -0.0722 -0.0341 -0.0664 -0.0477 -0.0463
SBC % of Revenue 233.11% 392.27% 480.72% 547.69% 361.39% 173.11%
CapEx Coverage 3.5707 3.509 2.8184 3.8172 4.2457 3.7724
Free Cash Flow Per Share $1.96 $1.90 $1.63 $1.88 $1.68 $1.62

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2019
P/E Trailing (Diluted) 32.4602 166.9615 28.5746 148.9615 124.9792 74.127
P/FCF 18.6809 22.857 23.4563 20.6505 35.6574 28.8165
FCF Yield 5.35% 4.38% 4.26% 4.84% 2.80% 3.47%
EV / EBITDA 14.6268 20.7853 14.0028 19.7953 27.8104 25.5909
P/S 1,059.8588 1,726.8939 1,841.0004 2,537.2167 3,127.7937 978.8171
P/B 3.6616 4.1713 3.1565 3.1092 5.5436 4.0962

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2019
Revenue from Contract with Customer, Excluding Assessed Tax 11.36M 8.32M 6.84M 5.02M 6.10M 14.05M
Revenues 1.71B 1.67B 1.63B 1.52B 1.29B 1.15B
Operating Income (Loss) 553.61M 284.57M 635.01M 250.81M 267.97M 221.06M
Income Tax Expense (Benefit) 835.00K 879.00K 2.11M 349.00K 1.44M 3.84M
Net Income (Loss) Attributable to Parent 377.70M 89.58M 444.35M 86.92M 150.02M 184.97M
Earnings Per Share, Basic $1.13 $0.26 $1.34 $0.26 $0.49 $0.63
Weighted Average Number of Shares Outstanding, Basic 330.32M 329.29M 328.76M 321.67M 300.33M 285.25M
Earnings Per Share, Diluted $1.13 $0.26 $1.34 $0.26 $0.48 $0.63
Weighted Average Number of Shares Outstanding, Diluted 331.05M 330.12M 329.10M 322.70M 301.70M 286.01M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2019
Cash and Cash Equivalents, at Carrying Value 1.22M 1.33M 2.92M 1.19M 967.00K 8.11M
Assets 10.61B 10.90B 11.37B 11.04B 10.78B 9.64B
Long-term Debt 5.82B 5.83B 5.80B 5.49B 5.41B 4.71B
Liabilities 6.46B 6.44B 6.42B 6.10B 6.00B 5.23B
Stockholders' Equity Attributable to Parent 3.29B 3.44B 3.99B 4.10B 3.44B 3.36B
Common Stock, Shares, Outstanding 328.27M 330.86M 329.01M 328.99M 318.15M 294.59M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2019
Net Cash Provided by (Used in) Operating Activities 902.89M 876.85M 832.66M 820.07M 663.96M 630.70M
Net Cash Provided by (Used in) Investing Activities -150.99M -276.35M -289.14M -929.53M -1.27B -1.69B
Payments for Repurchase of Common Stock 117.81M 25.01M 49.03M
Net Cash Provided by (Used in) Financing Activities -750.39M -599.94M -538.85M 111.23M 612.54M 880.38M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

32 concepts 3 units
Unit US$ · 26 concepts
Label Value Period
Revenue from Contract with Customer, Excluding Assessed Tax 11.36M 2025-01-01 → 2025-12-31
Operating Lease, Lease Income 1.70B 2025-01-01 → 2025-12-31
Revenues 1.71B 2025-01-01 → 2025-12-31
Financing Receivable, Credit Loss, Expense (Reversal) -213.00K 2025-01-01 → 2025-12-31
Direct Costs of Leased and Rented Property or Equipment 304.97M 2025-01-01 → 2025-12-31
Costs and Expenses 1.40B 2025-01-01 → 2025-12-31
Depreciation, Nonproduction 654.12M 2025-01-01 → 2025-12-31
Other Depreciation and Amortization 25.91M 2025-01-01 → 2025-12-31
Other Cost and Expense, Operating 30.73M 2025-01-01 → 2025-12-31
Advertising Expense 10.30M 2025-01-01 → 2025-12-31
General and Administrative Expense 85.10M 2025-01-01 → 2025-12-31
Operating Income (Loss) 553.61M 2025-01-01 → 2025-12-31
Other Nonoperating Income (Expense) 19.18M 2025-01-01 → 2025-12-31
Interest Expense, Debt 196.62M 2025-01-01 → 2025-12-31
InterestExpenseNonoperating 196.62M 2025-01-01 → 2025-12-31
Distributions on Mandatorily Redeemable Securities 41.16M 2025-01-01 → 2025-12-31
Income (Loss) from Equity Method Investments 28.39M 2025-01-01 → 2025-12-31
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 404.55M 2025-01-01 → 2025-12-31
Income Tax Expense (Benefit) 835.00K 2025-01-01 → 2025-12-31
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 403.71M 2025-01-01 → 2025-12-31
Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Nonredeemable 46.00K 2025-01-01 → 2025-12-31
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest 46.00K 2025-01-01 → 2025-12-31
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest 25.96M 2025-01-01 → 2025-12-31
Net Income (Loss) Attributable to Noncontrolling Interest 46.00K 2025-01-01 → 2025-12-31
Net Income (Loss) Attributable to Parent 377.70M 2025-01-01 → 2025-12-31
Net Income (Loss) Available to Common Stockholders, Basic 372.87M 2025-01-01 → 2025-12-31
Unit shares · 2 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 330.32M 2025-01-01 → 2025-12-31
Weighted Average Number of Shares Outstanding, Diluted 331.05M 2025-01-01 → 2025-12-31
Unit US$ / share · 4 concepts
Label Value Period
Earnings Per Share, Basic $1.13 2025-01-01 → 2025-12-31
Earnings Per Share, Diluted $1.13 2025-01-01 → 2025-12-31
Common Stock, Dividends, Per Share, Declared $1.72 2025-01-01 → 2025-12-31
Common Stock, Dividends, Per Share, Cash Paid $1.72 2025-01-01 → 2025-12-31

Balance Sheet

44 concepts 3 units
Unit US$ · 38 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 1.22M as of 2025-12-31
Development in Process 72.89M as of 2025-12-31
Restricted Cash and Cash Equivalents 35.71M as of 2025-12-31
Real Estate Investment Property, at Cost 16.41B as of 2025-12-31
Real Estate Investment Property, Accumulated Depreciation 7.37B as of 2025-12-31
Real Estate Investment Property, Net 9.11B as of 2025-12-31
Derivative Asset 272.00K as of 2025-12-31
Financing Receivable, before Allowance for Credit Loss 150.57M as of 2025-12-31
Financing Receivable, Allowance for Credit Loss 591.00K as of 2025-12-31
Financing Receivable, after Allowance for Credit Loss 149.98M as of 2025-12-31
Operating Lease, Right-of-Use Asset 187.62M as of 2025-12-31
Land 2.54B as of 2025-12-31
Land Improvements 278.00M as of 2025-12-31
Other Assets 231.31M as of 2025-12-31
Equity Method Investments 879.74M as of 2025-12-31
Advance Rent 61.20M as of 2025-12-31
Finite-Lived Intangible Assets, Net 21.65M as of 2025-12-31
Accrual for Taxes Other than Income Taxes 45.64M as of 2025-12-31
Accumulated Distributions in Excess of Net Income 4.24B as of 2025-12-31
Interest Payable 51.70M as of 2025-12-31
Dividends Payable 151.93M as of 2025-12-31
Accounts Payable and Accrued Liabilities 142.10M as of 2025-12-31
Operating Lease, Liability 182.96M as of 2025-12-31
Secured Debt 961.18M as of 2025-12-31
Assets 10.61B as of 2025-12-31
Unsecured Debt 4.86B as of 2025-12-31
Long-term Debt 5.82B as of 2025-12-31
Deferred Gain on Sale of Property 8.40M as of 2025-12-31
Liabilities 6.46B as of 2025-12-31
Redeemable Noncontrolling Interest, Equity, Common, Carrying Amount 859.97M as of 2025-12-31
Redeemable Noncontrolling Interest, Equity, Carrying Amount 859.97M as of 2025-12-31
Common Stock, Value, Issued 3.28M as of 2025-12-31
Additional Paid in Capital 7.48B as of 2025-12-31
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.66M as of 2025-12-31
Stockholders' Equity Attributable to Parent 3.29B as of 2025-12-31
Stockholders' Equity Attributable to Noncontrolling Interest 335.00K as of 2025-12-31
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.29B as of 2025-12-31
Liabilities and Equity 10.61B as of 2025-12-31
Unit shares · 4 concepts
Label Value Period
Preferred Stock, Shares Authorized 50.00M as of 2025-12-31
Common Stock, Shares Authorized 450.00M as of 2025-12-31
Common Stock, Shares, Issued 328.27M as of 2025-12-31
Common Stock, Shares, Outstanding 328.27M as of 2025-12-31
Unit US$ / share · 2 concepts
Label Value Period
Preferred Stock, No Par Value $0.00 as of 2025-12-31
Common Stock, Par or Stated Value Per Share $0.01 as of 2025-12-31

Cash Flow Statement

37 concepts 2 units
Unit US$ · 36 concepts
Label Value Period
Gains (Losses) on Sales of Investment Real Estate 242.91M 2025-01-01 → 2025-12-31
Proceeds from Lease Payment, Operating Activity 12.61M 2025-01-01 → 2025-12-31
Depreciation, Depletion and Amortization 680.03M 2025-01-01 → 2025-12-31
Operating Lease, Right-of-Use Asset, Amortization Expense 3.80M 2025-01-01 → 2025-12-31
Conversion of Stock, Amount Converted 15.80M 2025-01-01 → 2025-12-31
Conversion of Stock, Amount Issued 25.26M 2025-01-01 → 2025-12-31
Share-based Payment Arrangement, Noncash Expense 26.48M 2025-01-01 → 2025-12-31
Gain (Loss) on Sale of Investments 5.79M 2025-01-01 → 2025-12-31
Interest Paid, Excluding Capitalized Interest, Operating Activities 190.51M 2025-01-01 → 2025-12-31
Income Taxes Paid, Net 1.37M 2025-01-01 → 2025-12-31
Capital Expenditures Incurred but Not yet Paid 28.92M 2025-01-01 → 2025-12-31
Increase (Decrease) in Operating Assets 8.37M 2025-01-01 → 2025-12-31
Payments to Develop Real Estate Assets 43.70M 2025-01-01 → 2025-12-31
Increase (Decrease) in Income Taxes Payable -100.00K 2025-01-01 → 2025-12-31
Increase (Decrease) in Operating Liabilities -13.89M 2025-01-01 → 2025-12-31
Other Operating Activities, Cash Flow Statement 32.51M 2025-01-01 → 2025-12-31
Net Cash Provided by (Used in) Operating Activities 902.89M 2025-01-01 → 2025-12-31
Payments to Acquire Buildings 147.17M 2025-01-01 → 2025-12-31
Payments for Capital Improvements 252.86M 2025-01-01 → 2025-12-31
Payments to Acquire Furniture and Fixtures 36.08M 2025-01-01 → 2025-12-31
Proceeds from Sale of Real Estate Held-for-investment 373.55M 2025-01-01 → 2025-12-31
Payments for (Proceeds from) Loans Receivable 112.00M 2025-01-01 → 2025-12-31
Payments to Acquire Interest in Subsidiaries and Affiliates 83.03M 2025-01-01 → 2025-12-31
Proceeds from Equity Method Investment, Distribution, Return of Capital 150.30M 2025-01-01 → 2025-12-31
Net Cash Provided by (Used in) Investing Activities -150.99M 2025-01-01 → 2025-12-31
Proceeds from (Repayments of) Lines of Credit 17.02M 2025-01-01 → 2025-12-31
Proceeds from (Repayments of) Commercial Paper 155.10M 2025-01-01 → 2025-12-31
Repayments of Secured Debt 178.32M 2025-01-01 → 2025-12-31
Payments for Repurchase of Common Stock 117.81M 2025-01-01 → 2025-12-31
Payments of Ordinary Dividends, Common Stock 567.86M 2025-01-01 → 2025-12-31
Payments of Ordinary Dividends, Preferred Stock and Preference Stock 4.83M 2025-01-01 → 2025-12-31
Payments of Ordinary Dividends, Noncontrolling Interest 39.70M 2025-01-01 → 2025-12-31
Proceeds from (Payments for) Other Financing Activities -13.98M 2025-01-01 → 2025-12-31
Net Cash Provided by (Used in) Financing Activities -750.39M 2025-01-01 → 2025-12-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 1.50M 2025-01-01 → 2025-12-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 36.93M as of 2025-12-31
Unit shares · 1 concept
Label Value Period
Conversion of Stock, Shares Converted 382,991 2025-01-01 → 2025-12-31

Stockholders' Equity

1 concepts 1 unit
Unit shares · 1 concept
Label Value Period
Partners' Capital Account, Units 190.10M as of 2025-12-31

Notes

70 concepts 7 units
Unit US$ · 57 concepts
Label Value Period
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Gross 16.49B as of 2025-12-31
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Other Acquisition 322.39M 2025-01-01 → 2025-12-31
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Improvements 313.14M 2025-01-01 → 2025-12-31
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Cost of Investment in Real Estate Sold 361.01M 2025-01-01 → 2025-12-31
Current Income Tax Expense (Benefit) 0 2025-01-01 → 2025-12-31
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation 7.37B as of 2025-12-31
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation, Depreciation Expense 648.69M 2025-01-01 → 2025-12-31
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation, Investment in Real Estate Sold 175.17M 2025-01-01 → 2025-12-31
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Federal Income Tax Basis 15.90B as of 2025-12-31
Investments in Affiliates, Subsidiaries, Associates, and Joint Ventures, Fair Value Disclosure 886.49M as of 2025-12-31
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances 961.18M as of 2025-12-31
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Initial Cost of Land 2.53B as of 2025-12-31
Real Estate Taxes and Insurance 233.82M 2025-01-01 → 2025-12-31
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Initial Cost of Building and Improvements 8.79B as of 2025-12-31
Dividends, Preferred Stock, Cash 4.84M 2025-01-01 → 2025-12-31
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Cost Capitalized Subsequent to Acquisition, Improvements 5.18B as of 2025-12-31
Dividends, Preferred Stock 4.84M 2025-01-01 → 2025-12-31
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Land, Amount 2.83B as of 2025-12-31
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Building and Improvements, Amount 13.66B as of 2025-12-31
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill 22.00M as of 2025-12-31
Noncontrolling Interest, Change in Redemption Value 134.69M 2025-01-01 → 2025-12-31
Dividends, Common Stock, Cash 568.41M 2025-01-01 → 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year One 7.96M as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year Two 3.63M as of 2025-12-31
Loss Contingency Accrual 0 as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year Three 2.41M as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year Four 2.33M as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year Five 2.05M as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, after Year Five 3.26M as of 2025-12-31
Derivative Asset, Fair Value, Amount Not Offset Against Collateral 272.00K as of 2025-12-31
Net Income (Loss) Available to Common Stockholders, Diluted 372.87M 2025-01-01 → 2025-12-31
Derivative Asset, Fair Value, Amount Offset Against Collateral 272.00K as of 2025-12-31
Stock Issued During Period, Value, New Issues -463.00K 2025-01-01 → 2025-12-31
Financing Receivable, Allowance for Credit Loss, Writeoff 37.63M 2025-01-01 → 2025-12-31
Stock Repurchased During Period, Value 117.81M 2025-01-01 → 2025-12-31
Operating Lease, Cost 100.00K 2025-01-01 → 2025-12-31
Variable Lease, Cost 700.00K 2025-01-01 → 2025-12-31
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 4.42M 2025-01-01 → 2025-12-31
Purchase Commitment, Remaining Minimum Amount Committed 95.71M as of 2025-12-31
Long-term Debt, Gross 5.84B as of 2025-12-31
Deferred Tax Liabilities, Net 500.00K as of 2025-12-31
Long-Term Debt, Maturity, Year One 801.67M as of 2025-12-31
Long-Term Debt, Maturity, Year Two 333.32M as of 2025-12-31
Long-Term Debt, Maturity, Year Three 466.53M as of 2025-12-31
Long-Term Debt, Maturity, Year Four 965.81M as of 2025-12-31
Long-Term Debt, Maturity, Year Five 830.60M as of 2025-12-31
Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net 100.00K as of 2025-12-31
Unrecognized Tax Benefits 0 as of 2025-12-31
Lessor, Operating Lease, Payment to be Received, Year One 28.23M as of 2025-12-31
Lessor, Operating Lease, Payment to be Received, Year Two 26.44M as of 2025-12-31
Lessor, Operating Lease, Payment to be Received, Year Three 23.64M as of 2025-12-31
Lessor, Operating Lease, Payment to be Received, Year Four 19.32M as of 2025-12-31
Lessor, Operating Lease, Payment to be Received, Year Five 14.66M as of 2025-12-31
Lessor, Operating Lease, Payment to be Received, after Year Five 87.61M as of 2025-12-31
Lessor, Operating Lease, Payments to be Received 199.90M as of 2025-12-31
Income Tax Examination, Penalties and Interest Accrued 0 as of 2025-12-31
Capitalized Interest Costs, Including Allowance for Funds Used During Construction 8.60M 2025-01-01 → 2025-12-31
Unit shares · 5 concepts
Unit US$ / share · 2 concepts
Label Value Period
Preferred Stock, Per Share Amounts of Preferred Dividends in Arrears $1.86 2025-01-01 → 2025-12-31
Treasury Stock Acquired, Average Cost Per Share $36.12 2025-01-01 → 2025-12-31
Unit pure · 3 concepts
Unit community · 1 concept
Label Value Period
Number of Real Estate Properties 165 as of 2025-12-31
Unit segment · 1 concept
Label Value Period
Number of Reportable Segments 2 2025-01-01 → 2025-12-31
Unit state · 1 concept
Label Value Period
Number of States in which Entity Operates 12 as of 2025-12-31

Other

2 concepts 1 unit
Unit US$ · 2 concepts
Label Value Period
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture 10.56M 2025-01-01 → 2025-12-31
Stock Issued During Period, Value, Conversion of Units 15.80M 2025-01-01 → 2025-12-31

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (UDR CIK 0000074208), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.