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UDR · NYSE · REIT - Residential

UDR (UDR)

Owner-operator of U.S. apartment communities with centralized resident services.

$34.10

After hours+0.01 (+0.03%)

At close$34.09(+0.59%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	410	413	414	415	420	423	422	425	432	433	426	425
Cost of revenue	311	311	316	313	318	309	310	310	137	316	164	143
Gross profit	100	102	98	102	103	114	112	116	295	117	262	282
	22	8	18	33	33	48	−10	38	218	31	32	190
	15	21	18	20	21	25	19	20	23	31	19	19
General & administrative	15	21	18	20	21	25	19	20	23	31	19	19
Other expenses	6	−13	1	13	12	22	−30	19	196	0	13	171
Operating income	78	94	80	69	70	66	122	77	76	86	230	92
	−42	−58	−33	−37	−46	−71	−40	−37	−33	152	−26	−18
Interest income	0	9	6	6	6	0	2	8	4	5	2	3
Interest expense	48	47	48	48	50	80	48	49	51	50	49	48
Other non-operating income	−6	11	−15	−11	−4	10	−8	−12	33	−152	−22	−23
Income before tax	36	36	47	31	24	−5	82	40	44	238	203	74
Income tax expense	0	0	0	0	0	0	0	0	0	0	0	0
Net income from continuing operations	35	36	46	31	24	−6	82	40	43	238	203	74
Net income	33	33	43	29	23	−5	77	38	40	223	190	69
EPS, basic	$0.10	$0.10	$0.13	$0.08	$0.07	−$0.02	$0.23	$0.11	$0.11	$0.68	$0.58	$0.21
EPS, diluted	$0.10	$0.10	$0.13	$0.08	$0.06	−$0.02	$0.23	$0.11	$0.11	$0.67	$0.57	$0.22
Weighted average shares, basic	329	329	329	329	329	329	331	331	353	329	327	325
Weighted average shares, diluted	329	329	329	330	331	331	332	332	357	333	330	325
EBITDA	255	258	269	254	248	229	298	260	216	406	417	279
Depreciation & amortization	171	175	174	175	174	172	168	171	173	168	165	164
EBIT	84	83	95	79	74	57	130	89	44	238	252	116