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UDR (UDR) Financials

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$41.04 +0.25 (+0.62%)
Closing price 04/15/2025 03:59 PM Eastern
Extended Trading
$41.07 +0.03 (+0.07%)
As of 04/15/2025 04:31 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for UDR

Annual Income Statements for UDR

This table shows UDR's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
337 289 118 199 181 60 146 83 440 85
Consolidated Net Income / (Loss)
357 320 133 222 200 69 161 93 474 96
Net Income / (Loss) Continuing Operations
357 320 133 222 200 69 161 93 474 96
Total Pre-Tax Income
102 332 132 222 203 72 162 93 477 97
Total Operating Income
160 401 228 355 221 249 268 251 635 285
Total Gross Profit
603 651 674 703 776 800 813 979 1,049 1,063
Total Revenue
895 960 996 1,047 1,152 1,241 1,291 1,517 1,628 1,672
Operating Revenue
895 960 996 1,047 1,152 1,241 1,291 1,517 1,628 1,672
Total Cost of Revenue
292 309 322 344 376 441 478 539 579 609
Operating Cost of Revenue
292 309 322 344 376 441 478 539 579 609
Total Operating Expenses
443 250 446 349 555 551 545 728 414 778
Selling, General & Admin Expense
60 50 49 47 52 50 58 64 70 84
Depreciation Expense
381 426 436 436 508 619 620 680 692 695
Other Operating Expenses / (Income)
2.34 0.73 4.34 2.12 0.47 2.13 -132 9.73 3.14 15
Other Special Charges / (Income)
- -226 -43 -136 -5.28 -119 - -25 -351 -17
Total Other Income / (Expense), net
-58 -69 -95 -132 -18 -178 -106 -158 -158 -188
Interest Expense
122 123 129 134 171 203 186 156 181 196
Interest & Investment Income
62 52 31 -5.06 138 19 66 4.95 4.69 20
Other Income / (Expense), net
1.55 1.93 1.97 6.74 15 6.27 15 -6.93 18 -12
Income Tax Expense
-3.89 12 -0.24 0.69 3.84 2.55 1.44 0.35 2.11 0.88
Preferred Stock Dividends Declared
3.72 3.72 3.71 3.87 4.10 4.23 4.23 4.41 4.85 4.84
Net Income / (Loss) Attributable to Noncontrolling Interest
17 28 11 18 15 4.70 11 5.66 30 6.29
Basic Earnings per Share
$1.30 $1.09 $0.44 $0.74 $0.63 $0.20 $0.49 $0.26 $1.34 $0.26
Weighted Average Basic Shares Outstanding
258.67M 265.39M 267.02M 268.18M 285.25M 294.55M 300.33M 321.67M 328.77M 329.29M
Diluted Earnings per Share
$1.29 $1.08 $0.44 $0.74 $0.63 $0.20 $0.48 $0.26 $1.34 $0.26
Weighted Average Diluted Shares Outstanding
263.75M 267.31M 268.83M 269.48M 286.02M 294.93M 301.70M 322.70M 329.10M 330.12M
Weighted Average Basic & Diluted Shares Outstanding
262.13M 267.37M 268.16M 275.61M 294.63M 296.82M 318.26M 329.17M 329.22M 331.13M
Cash Dividends to Common per Share
$1.09 $1.16 $1.23 $1.28 $1.35 $1.42 $1.45 $1.50 $1.64 $1.70

Quarterly Income Statements for UDR

This table shows UDR's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
22 43 30 346 32 32 42 28 21 -6.24
Consolidated Net Income / (Loss)
25 47 33 370 35 36 46 31 24 -5.52
Net Income / (Loss) Continuing Operations
25 47 33 370 35 36 46 31 24 -5.52
Total Pre-Tax Income
26 47 33 372 36 36 47 31 24 -5.21
Total Operating Income
63 89 66 397 78 94 80 69 70 66
Total Gross Profit
250 261 261 261 263 265 261 265 267 270
Total Revenue
391 400 400 405 410 413 414 415 420 423
Operating Revenue
391 400 400 405 410 413 414 415 420 423
Total Cost of Revenue
141 138 139 144 148 149 152 150 154 153
Operating Cost of Revenue
141 138 139 144 148 149 152 150 154 153
Total Operating Expenses
187 172 195 -136 184 170 181 196 197 204
Selling, General & Admin Expense
16 17 17 16 15 21 18 20 21 25
Depreciation Expense
170 172 173 173 171 175 174 175 174 172
Other Operating Expenses / (Income)
0.90 8.52 4.16 1.13 -1.93 -0.22 -11 1.00 1.47 23
Total Other Income / (Expense), net
-37 -42 -33 -25 -42 -58 -33 -37 -46 -71
Interest Expense
40 43 44 45 45 47 48 48 50 50
Interest & Investment Income
10 0.76 9.71 9.70 5.51 -20 9.09 4.05 -1.88 8.98
Other Income / (Expense), net
-7.50 0.00 1.01 10 -3.07 9.37 5.87 6.50 6.16 -31
Income Tax Expense
0.38 -0.68 0.23 1.35 0.43 0.09 0.34 0.39 -0.16 0.31
Preferred Stock Dividends Declared
1.11 1.11 1.18 1.22 1.22 1.22 1.23 1.21 1.20 1.20
Net Income / (Loss) Attributable to Noncontrolling Interest
1.54 2.94 1.96 23 2.56 2.98 3.16 2.13 1.48 -0.48
Basic Earnings per Share
$0.07 $0.14 $0.09 $1.05 $0.10 $0.10 $0.13 $0.08 $0.06 ($0.01)
Weighted Average Basic Shares Outstanding
324.70M 321.67M 328.79M 328.96M 328.76M 328.77M 328.82M 329.06M 329.42M 329.29M
Diluted Earnings per Share
$0.07 $0.14 $0.09 $1.05 $0.10 $0.10 $0.13 $0.08 $0.06 ($0.01)
Weighted Average Diluted Shares Outstanding
325.69M 322.70M 329.42M 332.48M 329.20M 329.10M 328.95M 329.57M 330.56M 330.12M
Weighted Average Basic & Diluted Shares Outstanding
325.54M 329.17M 329.17M 329.48M 328.93M 329.22M 329.31M 329.82M 329.96M 331.13M

Annual Cash Flow Statements for UDR

This table details how cash moves in and out of UDR's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
-8.48 -5.43 -0.28 187 -176 -9.12 4.25 1.78 4.67 0.56
Net Cash From Operating Activities
459 537 519 561 631 604 664 820 833 877
Net Cash From Continuing Operating Activities
459 537 519 561 631 606 664 820 833 877
Net Income / (Loss) Continuing Operations
357 320 133 222 200 69 161 93 474 96
Consolidated Net Income / (Loss)
357 320 133 222 200 69 161 93 474 96
Depreciation Expense
381 426 436 436 508 619 620 680 692 695
Non-Cash Adjustments To Reconcile Net Income
-269 -207 -57 -109 -84 -46 -114 19 -306 94
Changes in Operating Assets and Liabilities, net
-11 -1.99 7.18 13 7.25 -35 -2.83 28 -27 -8.80
Net Cash From Investing Activities
-265 -113 -407 -114 -1,687 -461 -1,272 -930 -289 -276
Net Cash From Continuing Investing Activities
-265 -113 -407 -114 -1,687 -461 -1,272 -930 -289 -276
Purchase of Property, Plant & Equipment
-362 -259 -223 -117 -1,555 -582 -1,411 -577 -330 -272
Acquisitions
- 0.00 0.00 -1.00 -12 -1.53 0.00 0.00 -1.00 1.00
Purchase of Investments
-220 -43 -124 -135 -204 -83 -0.63 -277 -157 -83
Sale of Property, Plant & Equipment
388 302 71 247 38 278 280 41 326 99
Sale and/or Maturity of Investments
32 66 116 43 72 49 37 81 14 41
Other Investing Activities, net
-103 -178 -249 -150 -25 -121 -178 -198 -141 -63
Net Cash From Financing Activities
-202 -429 -112 -260 880 -153 613 111 -539 -600
Net Cash From Continuing Financing Activities
-202 -429 -112 -260 880 -153 613 111 -539 -600
Repayment of Debt
-541 -610 -647 -342 -887 -790 -356 -27 -42 -173
Repurchase of Common Equity
- 0.00 0.00 -20 0.00 -20 0.00 -49 -25 0.00
Payment of Dividends
-298 -342 -363 -379 -419 -456 -472 -522 -580 -606
Issuance of Debt
427 350 898 181 1,461 1,010 542 80 108 179
Issuance of Common Equity
210 173 0.00 300 725 102 899 630 0.00 0.00
Cash Interest Paid
130 125 126 132 161 159 137 155 184 192
Cash Income Taxes Paid
-1.01 0.69 1.66 0.63 1.52 1.03 4.78 1.15 1.91 1.04

Quarterly Cash Flow Statements for UDR

This table details how cash moves in and out of UDR's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
1.21 0.30 -0.98 1.17 2.07 2.41 -2.90 2.42 1.17 -0.13
Net Cash From Operating Activities
205 217 168 242 204 219 168 238 230 241
Net Cash From Continuing Operating Activities
205 217 168 242 204 219 168 238 230 241
Net Income / (Loss) Continuing Operations
25 47 33 370 35 36 46 31 24 -5.52
Consolidated Net Income / (Loss)
25 47 33 370 35 36 46 31 24 -5.52
Depreciation Expense
170 172 173 173 171 175 174 175 174 172
Non-Cash Adjustments To Reconcile Net Income
-0.24 -14 2.86 -324 5.52 9.71 -14 8.35 33 67
Changes in Operating Assets and Liabilities, net
9.43 12 -41 24 -8.58 -1.64 -39 24 -1.44 7.49
Net Cash From Investing Activities
-264 -91 -117 57 -156 -73 18 -98 -148 -49
Net Cash From Continuing Investing Activities
-264 -91 -117 57 -156 -73 18 -98 -148 -49
Purchase of Property, Plant & Equipment
-70 -79 -59 -95 -99 -78 -57 -74 -74 -67
Purchase of Investments
-157 -17 -18 -60 -21 -57 -1.38 -8.08 -68 -5.31
Sale and/or Maturity of Investments
2.13 3.61 3.11 2.61 3.60 5.08 4.29 4.45 4.90 27
Other Investing Activities, net
-40 -39 -42 -40 -38 -21 -26 -21 -12 -4.30
Net Cash From Financing Activities
60 -126 -52 -297 -46 -144 -189 -138 -81 -192
Net Cash From Continuing Financing Activities
60 -126 -52 -297 -46 -144 -189 -138 -81 -192
Repayment of Debt
8.87 -14 -22 5.73 -2.43 -23 -21 -27 -86 -39
Payment of Dividends
-133 -133 -134 -148 -149 -149 -150 -152 -152 -153
Issuance of Debt
100 -125 105 -155 130 28 -18 40 157 -0.10
Cash Interest Paid
60 23 65 26 66 28 69 28 69 26
Cash Income Taxes Paid
0.35 0.13 0.21 1.46 0.25 -0.00 -0.05 0.95 0.17 -0.02

Annual Balance Sheets for UDR

This table presents UDR's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
7,664 7,680 7,733 7,712 9,636 9,638 10,775 11,038 11,373 10,898
Total Current Assets
28 22 22 209 33 24 28 30 35 35
Cash & Equivalents
6.74 2.11 2.04 185 8.11 1.41 0.97 1.19 2.92 1.33
Restricted Cash
21 20 20 24 25 23 27 29 32 34
Plant, Property, & Equipment, net
6,543 6,692 6,847 6,542 8,471 8,466 9,604 9,808 9,756 9,312
Plant, Property & Equipment, gross
9,189 9,615 10,173 10,196 12,602 13,057 14,740 15,570 15,999 16,149
Accumulated Depreciation
2,646 2,923 3,326 3,654 4,131 4,591 5,137 5,762 6,243 6,837
Total Noncurrent Assets
1,093 965 864 961 1,132 1,147 1,143 1,201 1,582 1,550
Long-Term Investments
939 827 721 781 588 600 702 754 953 917
Noncurrent Note & Lease Receivables
17 20 19 42 154 158 27 55 229 248
Other Noncurrent Operating Assets
137 119 124 138 391 389 414 392 401 384
Total Liabilities & Shareholders' Equity
7,664 7,680 7,733 7,712 9,636 9,638 10,775 11,038 11,373 10,898
Total Liabilities
3,817 3,673 3,950 3,816 5,228 5,523 6,001 6,100 6,421 6,437
Total Current Liabilities
246 272 278 268 322 351 396 424 436 427
Accounts Payable
81 104 103 76 90 111 137 153 141 115
Accrued Expenses
48 47 52 59 123 75 79 84 95 99
Customer Deposits
36 34 32 35 - 49 55 52 51 62
Dividends Payable
80 87 91 98 109 116 125 134 150 152
Total Noncurrent Liabilities
3,571 3,401 3,672 3,548 4,906 5,172 5,605 5,677 5,985 6,009
Long-Term Debt
3,571 3,401 3,672 3,548 4,708 4,977 5,413 5,487 5,799 5,827
Capital Lease Obligations
- - - - 199 196 192 189 186 182
Commitments & Contingencies
- 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
946 909 948 973 1,019 856 1,299 840 961 1,017
Total Equity & Noncontrolling Interests
2,901 3,097 2,835 2,923 3,389 3,259 3,474 4,098 3,991 3,444
Total Preferred & Common Equity
2,900 3,093 2,826 2,906 3,359 3,234 3,443 4,098 3,991 3,443
Preferred Stock
46 46 46 46 46 45 45 45 45 43
Total Common Equity
2,853 3,047 2,780 2,859 3,312 3,189 3,398 4,053 3,947 3,400
Common Stock
4,450 4,638 4,654 4,923 5,785 5,884 6,887 7,497 7,497 7,576
Accumulated Other Comprehensive Income / (Loss)
-13 -5.61 -2.68 -0.07 -10 -9.14 -4.26 8.34 4.91 3.64
Other Equity Adjustments
-1,584 -1,586 -1,872 -2,064 -2,462 -2,686 -3,485 -3,452 -3,555 -4,179
Noncontrolling Interest
0.86 3.86 9.56 17 31 24 31 0.21 0.21 0.34

Quarterly Balance Sheets for UDR

This table presents UDR's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Total Assets
11,098 11,038 10,968 11,086 11,420 11,373 11,190 11,118 11,080 10,898
Total Current Assets
30 30 29 30 32 35 32 34 36 35
Cash & Equivalents
1.53 1.19 1.17 1.54 1.62 2.92 2.12 2.77 2.29 1.33
Restricted Cash
28 29 28 29 31 32 30 32 33 34
Plant, Property, & Equipment, net
9,862 9,808 9,716 9,497 9,801 9,756 9,584 9,498 9,413 9,312
Plant, Property & Equipment, gross
15,457 15,570 15,642 15,449 15,919 15,999 15,991 16,071 16,152 16,149
Accumulated Depreciation
5,595 5,762 5,927 5,952 6,117 6,243 6,407 6,573 6,740 6,837
Total Noncurrent Assets
1,206 1,201 1,223 1,558 1,586 1,582 1,574 1,586 1,632 1,550
Long-Term Investments
761 754 751 963 964 953 954 959 966 917
Noncurrent Note & Lease Receivables
40 55 71 184 209 229 235 242 280 248
Other Noncurrent Operating Assets
405 392 400 411 413 401 385 385 385 384
Total Liabilities & Shareholders' Equity
11,098 11,038 10,968 11,086 11,420 11,373 11,190 11,118 11,080 10,898
Total Liabilities
6,227 6,100 6,145 6,030 6,362 6,421 6,334 6,373 6,467 6,437
Total Current Liabilities
410 424 380 415 422 436 387 413 418 427
Accounts Payable
136 153 112 124 126 141 120 121 119 115
Accrued Expenses
87 84 62 86 96 95 65 92 98 99
Customer Deposits
54 52 58 57 51 51 50 49 50 62
Dividends Payable
133 134 148 148 150 150 152 152 152 152
Total Noncurrent Liabilities
5,816 5,677 5,765 5,615 5,940 5,985 5,947 5,960 6,048 6,009
Long-Term Debt
5,626 5,487 5,577 5,427 5,753 5,799 5,762 5,776 5,865 5,827
Capital Lease Obligations
190 189 188 188 187 186 185 184 183 182
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
920 840 902 936 907 961 937 1,022 1,099 1,017
Total Equity & Noncontrolling Interests
3,951 4,098 3,921 4,120 4,151 3,991 3,919 3,723 3,514 3,444
Total Preferred & Common Equity
3,951 4,098 3,921 4,120 4,151 3,991 3,919 3,722 3,514 3,443
Preferred Stock
45 45 45 45 45 45 45 43 43 43
Total Common Equity
3,906 4,053 3,876 4,075 4,106 3,947 3,874 3,679 3,471 3,400
Common Stock
7,335 7,497 7,497 7,512 7,491 7,497 7,503 7,512 7,530 7,576
Accumulated Other Comprehensive Income / (Loss)
8.78 8.34 6.82 9.12 8.36 4.91 9.24 7.91 4.61 3.64
Other Equity Adjustments
-3,438 -3,452 -3,628 -3,446 -3,393 -3,555 -3,638 -3,841 -4,064 -4,179
Noncontrolling Interest
0.21 0.21 0.21 0.21 0.21 0.21 0.34 0.34 0.34 0.34

Annual Metrics and Ratios for UDR

This table displays calculated financial ratios and metrics derived from UDR's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
9.36% 7.29% 3.74% 5.13% 10.06% 7.72% 4.00% 17.56% 7.26% 2.72%
EBITDA Growth
7.93% 52.72% -19.56% 19.63% -6.62% 17.41% 106.61% 2.28% -27.20% -28.03%
EBIT Growth
16.25% 149.94% -42.93% 57.24% -34.58% 8.00% 121.67% -27.68% 33.83% -58.30%
NOPAT Growth
-90.66% 133.47% -40.98% 54.89% -38.67% 10.77% 10.55% -5.92% 153.01% -55.40%
Net Income Growth
123.45% -10.30% -58.59% 67.01% -9.91% -65.44% 133.42% -84.99% 412.52% -79.79%
EPS Growth
118.64% -16.28% -59.26% 68.18% -14.86% -68.25% 140.00% -45.83% 415.38% -80.60%
Operating Cash Flow Growth
15.44% 16.99% -3.29% 8.05% 12.49% -4.18% 9.87% 47.02% 1.54% 5.31%
Free Cash Flow Firm Growth
-124.27% 158.22% -74.32% 765.18% -435.40% 112.97% -4,082.27% 98.73% 7,971.80% -93.20%
Invested Capital Growth
10.76% 1.74% 2.38% -3.71% 34.36% -0.27% 11.33% -49.02% -49.33% -4.26%
Revenue Q/Q Growth
3.24% 0.57% 1.00% 1.43% 3.33% -0.20% 3.68% 3.51% 0.84% 0.57%
EBITDA Q/Q Growth
2.91% 40.25% -21.03% 4.41% -5.53% 5.18% 114.04% 93.03% 1.31% -6.87%
EBIT Q/Q Growth
1.29% 148.29% -44.53% 11.28% -25.44% 18.59% 131.93% 73.70% 2.25% -20.03%
NOPAT Q/Q Growth
-5.10% 131.85% -42.42% 10.55% -26.78% 18.34% 17.86% -11.87% 0.62% -9.34%
Net Income Q/Q Growth
44.16% 34.73% -58.12% 6.74% 8.49% -52.65% 153.93% -45.94% -2.37% -30.20%
EPS Q/Q Growth
43.33% 30.12% -58.49% 5.71% 6.78% -55.56% 140.00% -46.94% -2.90% -29.73%
Operating Cash Flow Q/Q Growth
8.90% 0.12% -4.39% 4.53% 3.25% -4.14% 5.24% 4.68% 0.20% 2.51%
Free Cash Flow Firm Q/Q Growth
-222.49% 152.56% -66.25% 93.73% -191.94% 135.41% -1,643.33% 50.19% 1,962.75% 9.39%
Invested Capital Q/Q Growth
12.05% 2.00% 1.48% -2.39% 14.25% 1.46% 106.19% 98.69% -0.52% -1.45%
Profitability Metrics
- - - - - - - - - -
Gross Margin
67.39% 67.80% 67.67% 67.18% 67.32% 64.49% 146.09% 64.50% 64.44% 63.56%
EBITDA Margin
60.63% 86.30% 66.91% 76.15% 64.61% 70.42% 139.90% 121.72% 82.62% 57.88%
Operating Margin
17.84% 41.76% 22.89% 33.88% 19.19% 20.07% 41.52% 16.53% 39.02% 17.02%
EBIT Margin
18.01% 41.96% 23.08% 34.53% 20.52% 20.58% 43.86% 32.14% 40.11% 16.28%
Profit (Net Income) Margin
39.92% 33.38% 13.32% 21.16% 17.32% 5.56% 24.95% 12.20% 29.15% 5.73%
Tax Burden Percent
351.55% 96.51% 100.18% 99.69% 98.11% 96.44% 198.23% 199.25% 99.56% 99.09%
Interest Burden Percent
63.05% 82.42% 57.60% 61.48% 86.03% 28.00% 57.39% 76.21% 73.01% 35.54%
Effective Tax Rate
-3.83% 3.49% -0.18% 0.31% 1.89% 3.56% 0.89% 0.75% 0.44% 0.91%
Return on Invested Capital (ROIC)
2.67% 5.87% 3.40% 5.30% 2.83% 2.73% 2.86% 1.69% 4.21% 2.85%
ROIC Less NNEP Spread (ROIC-NNEP)
9.55% 3.37% 0.01% 0.64% 2.33% -1.05% 0.70% -0.80% 2.14% -0.74%
Return on Net Nonoperating Assets (RNNOA)
7.74% 2.29% 0.01% 0.47% 1.98% -1.11% 1.52% -1.24% 3.28% -0.82%
Return on Equity (ROE)
10.40% 8.16% 3.41% 5.77% 4.81% 1.62% 7.24% 2.15% 7.49% 2.04%
Cash Return on Invested Capital (CROIC)
-7.54% 4.14% 1.04% 9.08% -26.49% 3.00% -113.22% -0.90% 69.68% 7.20%
Operating Return on Assets (OROA)
2.22% 5.25% 2.98% 4.68% 2.73% 2.65% 5.55% 2.24% 5.83% 2.44%
Return on Assets (ROA)
4.93% 4.18% 1.72% 2.87% 2.30% 0.72% 3.15% 1.70% 4.23% 0.86%
Return on Common Equity (ROCE)
8.40% 6.13% 2.55% 4.24% 3.57% 1.23% 5.37% 0.82% 6.06% 1.59%
Return on Equity Simple (ROE_SIMPLE)
12.32% 10.36% 4.69% 7.62% 5.94% 2.13% 4.68% 2.26% 11.89% 2.78%
Net Operating Profit after Tax (NOPAT)
166 387 228 354 217 240 266 250 632 282
NOPAT Margin
18.52% 40.30% 22.93% 33.78% 18.82% 19.36% 20.58% 16.47% 38.85% 16.87%
Net Nonoperating Expense Percent (NNEP)
-6.88% 2.50% 3.38% 4.65% 0.49% 3.78% 4.46% 2.09% 2.08% 3.59%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - 2.56% 6.34% 2.98%
Cost of Revenue to Revenue
32.61% 32.20% 32.33% 32.82% 32.68% 35.51% 74.02% 70.99% 35.56% 36.44%
SG&A Expenses to Revenue
6.67% 5.18% 4.88% 4.49% 4.47% 4.02% 4.46% 4.23% 4.30% 5.04%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
49.55% 26.04% 44.78% 33.30% 48.14% 44.42% 104.57% 47.97% 25.42% 46.54%
Earnings before Interest and Taxes (EBIT)
161 403 230 361 236 255 566 488 653 272
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
542 828 666 797 744 874 1,806 1,847 1,345 968
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
2.52 2.41 2.89 3.00 3.43 3.09 9.87 2.83 3.03 4.17
Price to Tangible Book Value (P/TBV)
2.52 2.41 2.89 3.00 3.43 3.09 9.87 2.83 3.03 4.17
Price to Revenue (P/Rev)
8.04 7.66 8.07 8.19 9.87 7.95 12.93 7.56 7.34 8.48
Price to Earnings (P/E)
21.37 25.45 68.22 43.04 62.89 164.36 229.94 138.97 27.18 167.27
Dividend Yield
3.98% 4.22% 4.08% 4.00% 3.48% 5.32% 2.68% 4.27% 4.52% 3.95%
Earnings Yield
4.68% 3.93% 1.47% 2.32% 1.59% 0.61% 1.75% 0.72% 3.68% 0.60%
Enterprise Value to Invested Capital (EV/IC)
1.65 1.64 1.76 1.86 1.90 1.75 2.35 1.73 1.78 2.10
Enterprise Value to Revenue (EV/Rev)
12.06 11.32 12.02 11.62 14.54 12.36 35.66 11.36 11.03 12.14
Enterprise Value to EBITDA (EV/EBITDA)
19.89 13.12 17.97 15.27 22.51 17.55 50.97 18.67 13.35 20.97
Enterprise Value to EBIT (EV/EBIT)
66.97 26.98 52.09 33.67 70.85 60.07 162.59 143.52 27.50 74.54
Enterprise Value to NOPAT (EV/NOPAT)
65.13 28.09 52.44 34.41 77.25 63.86 86.38 69.01 28.39 71.97
Enterprise Value to Operating Cash Flow (EV/OCF)
23.53 20.25 23.07 21.70 26.56 25.38 69.32 21.03 21.56 23.14
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 39.82 170.83 20.07 0.00 58.17 0.00 0.00 1.72 28.51
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.93 0.85 0.97 0.91 1.11 1.26 1.17 2.30 1.21 1.35
Long-Term Debt to Equity
0.93 0.85 0.97 0.91 1.11 1.26 2.35 1.15 1.21 1.35
Financial Leverage
0.81 0.68 0.73 0.74 0.85 1.06 1.09 1.55 1.54 1.10
Leverage Ratio
2.11 1.95 1.98 2.01 2.09 2.26 4.59 2.25 2.27 2.37
Compound Leverage Factor
1.33 1.61 1.14 1.24 1.80 0.63 2.64 0.86 1.65 0.84
Debt to Total Capital
48.14% 45.92% 49.25% 47.66% 52.67% 55.69% 108.01% 106.96% 54.72% 57.39%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
48.14% 45.92% 49.25% 47.66% 52.67% 55.69% 108.01% 106.96% 54.72% 57.39%
Preferred Equity to Total Capital
0.63% 0.63% 0.62% 0.62% 0.50% 0.48% 0.87% 0.85% 0.41% 0.41%
Noncontrolling Interests to Total Capital
12.77% 12.33% 12.85% 13.30% 11.27% 9.48% 25.89% 15.97% 8.79% 9.72%
Common Equity to Total Capital
38.47% 41.13% 37.28% 38.42% 35.56% 34.34% 66.10% 77.07% 36.08% 32.47%
Debt to EBITDA
6.58 4.11 5.51 4.45 6.59 5.92 12.42 12.29 4.45 6.21
Net Debt to EBITDA
4.80 3.08 4.40 3.21 5.76 5.20 10.80 10.59 3.72 5.23
Long-Term Debt to EBITDA
6.58 4.11 5.51 4.45 6.59 5.92 12.42 6.15 4.45 6.21
Debt to NOPAT
21.55 8.79 16.08 10.03 22.62 21.53 42.21 45.44 9.47 21.31
Net Debt to NOPAT
15.72 6.60 12.83 7.23 19.75 18.93 36.71 19.58 7.90 17.93
Long-Term Debt to NOPAT
21.55 8.79 16.08 10.03 22.62 21.53 42.21 45.44 9.47 21.31
Altman Z-Score
1.28 1.46 1.41 1.63 1.47 1.25 1.83 1.30 1.41 1.51
Noncontrolling Interest Sharing Ratio
19.28% 24.87% 25.21% 26.57% 25.67% 23.71% 51.78% 23.27% 19.12% 21.96%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.11 0.08 0.08 0.78 0.10 0.07 0.23 0.22 0.08 0.08
Quick Ratio
0.03 0.01 0.01 0.69 0.03 0.00 0.00 0.00 0.01 0.00
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-469 273 70 606 -2,034 264 -10,502 -133 10,462 712
Operating Cash Flow to CapEx
0.00% 0.00% 342.14% 0.00% 41.57% 198.75% 117.42% 152.90% 18,804.52% 506.74%
Free Cash Flow to Firm to Interest Expense
-3.85 2.22 0.54 4.52 -11.90 1.30 -56.38 -0.85 57.84 3.64
Operating Cash Flow to Interest Expense
3.76 4.36 4.03 4.18 3.69 2.98 7.13 10.52 4.60 4.48
Operating Cash Flow Less CapEx to Interest Expense
3.97 4.71 2.85 5.15 -5.19 1.48 -2.51 3.64 4.58 3.60
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.12 0.13 0.13 0.14 0.13 0.13 0.13 0.28 0.15 0.15
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.14 0.15 0.15 0.16 0.15 0.15 0.14 0.16 0.17 0.18
Accounts Payable Turnover
3.38 3.34 3.11 3.83 4.53 4.38 7.71 3.71 3.93 4.75
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
107.99 109.34 117.23 95.25 80.65 83.25 302.21 196.64 92.87 76.82
Cash Conversion Cycle (CCC)
-107.99 -109.34 -117.23 -95.25 -80.65 -83.25 -94.72 -98.32 -92.87 -76.82
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
6,532 6,646 6,804 6,551 8,802 8,778 19,546 19,929 10,099 9,669
Invested Capital Turnover
0.14 0.15 0.15 0.16 0.15 0.14 0.28 0.21 0.11 0.17
Increase / (Decrease) in Invested Capital
634 114 158 -253 2,251 -23 10,767 1,037 -9,830 -430
Enterprise Value (EV)
10,791 10,867 11,973 12,169 16,754 15,340 22,942 17,243 17,949 20,293
Market Capitalization
7,193 7,355 8,040 8,575 11,374 9,867 16,692 11,466 11,947 14,176
Book Value per Share
$10.89 $11.40 $10.38 $10.65 $11.30 $10.83 $21.98 $12.45 $12.00 $10.30
Tangible Book Value per Share
$10.89 $11.40 $10.38 $10.65 $11.30 $10.83 $21.98 $25.05 $12.00 $10.30
Total Capital
7,418 7,408 7,455 7,443 9,314 9,287 10,379 10,615 10,937 10,470
Total Debt
3,571 3,401 3,672 3,548 4,906 5,172 11,211 11,353 5,985 6,009
Total Long-Term Debt
3,571 3,401 3,672 3,548 4,906 5,172 11,211 5,677 5,985 6,009
Net Debt
2,604 2,552 2,929 2,558 4,285 4,548 9,749 9,784 4,997 5,056
Capital Expenditures (CapEx)
-25 -43 152 -130 1,517 304 2,262 1,073 4.43 173
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-246 -272 -278 -268 -322 -351 -579 -424 -436 -427
Debt-free Net Working Capital (DFNWC)
-218 -250 -256 -60 -289 -326 -522 -563 -401 -392
Net Working Capital (NWC)
-218 -250 -256 -60 -289 -326 -522 -394 -401 -392
Net Nonoperating Expense (NNE)
-191 66 96 132 17 171 209 157 158 186
Net Nonoperating Obligations (NNO)
2,685 2,639 3,020 2,656 4,394 4,664 9,998 10,052 5,146 5,208
Total Depreciation and Amortization (D&A)
381 426 436 436 508 619 1,240 1,359 692 695
Debt-free, Cash-free Net Working Capital to Revenue
-27.50% -28.30% -27.93% -25.64% -27.98% -28.24% -30.69% -41.10% -26.81% -25.57%
Debt-free Net Working Capital to Revenue
-24.42% -26.00% -25.74% -5.69% -25.09% -26.29% -40.46% -37.12% -24.66% -23.45%
Net Working Capital to Revenue
-24.42% -26.00% -25.74% -5.69% -25.09% -26.29% -40.46% -25.94% -24.66% -23.45%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$1.30 $1.09 $0.44 $0.74 $0.63 $0.20 $0.49 $0.26 $1.34 $0.26
Adjusted Weighted Average Basic Shares Outstanding
258.67M 265.39M 267.02M 268.18M 285.25M 294.55M 300.33M 321.67M 328.77M 329.29M
Adjusted Diluted Earnings per Share
$1.29 $1.08 $0.44 $0.74 $0.63 $0.20 $0.48 $0.26 $1.34 $0.26
Adjusted Weighted Average Diluted Shares Outstanding
263.75M 267.31M 268.83M 269.48M 286.02M 294.93M 301.70M 322.70M 329.10M 330.12M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
262.13M 267.37M 268.16M 275.61M 294.63M 296.82M 318.26M 329.17M 329.22M 331.13M
Normalized Net Operating Profit after Tax (NOPAT)
112 169 129 218 212 125 531 224 283 265
Normalized NOPAT Margin
12.49% 17.56% 12.97% 20.81% 18.37% 10.09% 41.15% 31.26% 17.36% 15.87%
Pre Tax Income Margin
11.36% 34.58% 13.30% 21.23% 17.65% 5.76% 25.17% 6.12% 29.28% 5.79%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
1.32 3.27 1.79 2.69 1.38 1.26 3.04 1.56 3.61 1.39
NOPAT to Interest Expense
1.36 3.14 1.77 2.64 1.27 1.19 2.85 3.21 3.50 1.44
EBIT Less CapEx to Interest Expense
1.53 3.62 0.61 3.66 -7.49 -0.24 -4.55 -3.75 3.58 0.51
NOPAT Less CapEx to Interest Expense
1.57 3.49 0.60 3.60 -7.61 -0.31 -9.29 -3.68 3.47 0.56
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
83.31% 106.85% 273.33% 170.86% 209.80% 660.58% 585.95% 1,128.25% 122.28% 632.20%
Augmented Payout Ratio
83.31% 106.85% 273.33% 179.89% 209.80% 689.29% 585.95% 1,234.16% 127.55% 632.20%

Quarterly Metrics and Ratios for UDR

This table displays calculated financial ratios and metrics derived from UDR's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
18.66% 14.78% 11.84% 9.58% 4.81% 3.41% 3.53% 2.66% 2.45% 2.29%
EBITDA Growth
16.25% -11.31% 13.20% 416.68% 7.35% -46.69% -45.91% -78.40% -49.17% -25.62%
EBIT Growth
185.80% -29.26% 195.68% 2,829.20% 26.76% 16.07% -36.29% -90.77% -49.33% -65.81%
NOPAT Growth
92.08% -26.83% 180.90% 723.95% 48.88% 3.79% -39.75% -82.83% -8.85% -50.64%
Net Income Growth
32.06% -62.37% 125.47% 6,801.25% 40.86% -24.24% 40.65% -91.62% -32.02% -115.36%
EPS Growth
16.67% -62.16% 125.00% 10,400.00% 42.86% -28.57% 44.44% -92.38% -40.00% -110.00%
Operating Cash Flow Growth
33.68% 20.27% 4.34% 4.14% -0.93% 0.75% -0.25% -1.45% 13.09% 9.80%
Free Cash Flow Firm Growth
143.87% 88.42% 93.66% -92.91% -100.49% 59.81% 2,129.40% -97.39% 566.07% 1,275.30%
Invested Capital Growth
-47.10% 1.96% -49.00% -0.75% 1.21% 1.35% -49.93% 0.38% -3.35% -4.26%
Revenue Q/Q Growth
5.99% 2.14% -0.03% 2.50% 1.38% 0.77% 0.09% 0.41% 1.17% 0.61%
EBITDA Q/Q Growth
212.34% 27.86% -8.11% 141.34% -115.02% -43.42% -6.77% -3.64% 0.00% -17.20%
EBIT Q/Q Growth
254.40% -24.57% 50.54% 1,011.27% -163.14% -30.92% -17.37% -12.22% 1.13% -53.39%
NOPAT Q/Q Growth
58.57% 92.22% 90.23% 200.58% -80.47% 21.86% -15.77% -14.35% 3.67% -34.01%
Net Income Q/Q Growth
737.55% 177.55% -61.27% 2,048.64% -90.43% 1.53% 28.78% -33.03% -22.36% -122.94%
EPS Q/Q Growth
1,200.00% 200.00% -71.43% 1,066.67% -180.95% 0.00% 30.00% -38.46% -25.00% -116.67%
Operating Cash Flow Q/Q Growth
-13.72% 6.30% -45.46% 44.02% -15.86% 7.60% -23.50% 42.28% -3.44% 4.47%
Free Cash Flow Firm Q/Q Growth
203.81% -101.12% -498.50% 334.37% -107.60% 53.94% 24,832.63% -99.70% 1,258.85% 16.16%
Invested Capital Q/Q Growth
0.27% -0.66% 199.67% -100.53% 3.32% -0.52% -1.28% -1.07% -0.52% -1.45%
Profitability Metrics
- - - - - - - - - -
Gross Margin
63.86% 65.35% 65.27% 164.47% 164.02% 64.02% 63.14% 63.80% 63.43% 63.87%
EBITDA Margin
57.66% 65.39% 120.21% 286.52% 60.04% 67.43% 62.81% 60.27% 59.58% 49.03%
Operating Margin
16.08% 22.34% 33.13% 196.02% 38.07% 22.81% 19.28% 16.53% 16.63% 15.68%
EBIT Margin
14.16% 22.34% 33.64% 201.19% 36.58% 25.07% 20.70% 18.10% 18.09% 8.38%
Profit (Net Income) Margin
6.43% 11.88% 8.24% 183.01% 17.27% 8.70% 11.20% 7.47% 5.73% -1.31%
Tax Burden Percent
197.05% 202.92% 198.59% 199.27% 197.61% 99.74% 99.28% 98.77% 100.65% 105.99%
Interest Burden Percent
46.05% 104.82% 49.35% 182.59% 95.59% 34.79% 54.48% 41.77% 31.47% -14.71%
Effective Tax Rate
2.95% -2.92% 0.71% 0.36% 1.19% 0.26% 0.72% 1.23% -0.65% 0.00%
Return on Invested Capital (ROIC)
1.60% 3.48% 1.74% 31.89% 3.01% 3.69% 2.10% 2.74% 2.79% 1.86%
ROIC Less NNEP Spread (ROIC-NNEP)
1.13% 2.62% 2.65% 30.85% 2.19% 2.55% 1.68% 2.24% 2.19% 0.85%
Return on Net Nonoperating Assets (RNNOA)
1.90% 2.71% 2.13% 30.27% 2.27% 2.62% 2.66% 3.35% 3.48% 0.94%
Return on Equity (ROE)
3.50% 6.19% 7.73% 61.69% 15.06% 6.31% 4.77% 6.09% 6.26% 2.80%
Cash Return on Invested Capital (CROIC)
-1.84% -1.35% -130.27% 20.07% 10.05% 104.29% 70.87% 102.66% 6.52% 7.20%
Operating Return on Assets (OROA)
1.93% 3.11% 4.85% 29.06% 2.62% 3.64% 3.07% 2.69% 2.67% 1.26%
Return on Assets (ROA)
0.88% 1.65% 2.37% 26.44% 1.24% 1.26% 1.66% 1.11% 0.85% -0.20%
Return on Common Equity (ROCE)
2.65% 4.75% 2.95% 24.52% 4.26% 5.11% 3.82% 4.82% 4.91% 2.18%
Return on Equity Simple (ROE_SIMPLE)
4.33% 0.00% 2.83% 11.55% 11.71% 0.00% 12.45% 3.99% 3.91% 0.00%
Net Operating Profit after Tax (NOPAT)
62 91 131 395 77 94 79 68 70 46
NOPAT Margin
15.84% 22.66% 32.90% 97.66% 18.81% 22.75% 19.14% 16.33% 16.73% 10.98%
Net Nonoperating Expense Percent (NNEP)
0.48% 0.86% 0.88% 1.04% 2.51% 1.14% 0.43% 0.50% 0.60% 1.00%
Return On Investment Capital (ROIC_SIMPLE)
- 0.93% - - - 0.94% - - - 0.49%
Cost of Revenue to Revenue
36.14% 34.65% 69.47% 71.06% 35.98% 35.98% 36.86% 36.20% 36.57% 36.13%
SG&A Expenses to Revenue
4.05% 4.21% 9.51% 9.19% 8.52% 5.04% 4.31% 4.85% 4.97% 6.02%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
47.78% 43.01% 132.14% -33.54% 125.94% 41.22% 43.85% 47.27% 46.81% 48.19%
Earnings before Interest and Taxes (EBIT)
118 89 134 814 150 104 86 75 76 35
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
459 523 480 1,159 492 279 260 250 250 207
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
3.19 2.83 3.27 6.72 2.71 3.03 3.11 3.64 4.27 4.17
Price to Tangible Book Value (P/TBV)
3.19 5.78 3.27 6.72 2.71 3.03 3.11 3.64 4.27 4.17
Price to Revenue (P/Rev)
8.50 7.56 8.12 8.40 6.90 7.34 7.33 8.12 8.91 8.48
Price to Earnings (P/E)
80.10 284.19 127.09 30.30 24.67 27.18 26.66 100.83 120.65 167.27
Dividend Yield
3.87% 4.27% 3.95% 3.83% 9.43% 4.52% 4.59% 4.14% 3.76% 3.95%
Earnings Yield
1.25% 1.42% 0.79% 3.30% 4.05% 3.68% 3.75% 0.99% 0.83% 0.60%
Enterprise Value to Invested Capital (EV/IC)
1.84 1.73 1.87 1.93 3.41 1.78 1.80 1.97 2.14 2.10
Enterprise Value to Revenue (EV/Rev)
12.58 23.07 11.93 11.91 10.55 11.03 10.95 11.77 12.63 12.14
Enterprise Value to EBITDA (EV/EBITDA)
19.28 18.95 9.77 14.54 12.83 13.35 13.18 18.78 20.21 20.97
Enterprise Value to EBIT (EV/EBIT)
65.69 35.35 70.02 15.35 26.67 27.50 26.79 57.28 61.69 74.54
Enterprise Value to NOPAT (EV/NOPAT)
65.06 140.08 34.63 62.91 54.95 28.39 27.85 61.12 67.51 71.97
Enterprise Value to Operating Cash Flow (EV/OCF)
23.54 21.03 22.49 22.83 20.49 21.56 21.61 23.46 24.55 23.14
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 47.93 33.57 1.72 1.70 1.92 32.27 28.51
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
1.19 1.15 1.20 2.22 1.17 1.21 1.22 1.26 1.31 1.35
Long-Term Debt to Equity
1.19 2.30 2.39 1.11 2.35 1.21 1.22 1.26 1.31 1.35
Financial Leverage
1.69 2.06 1.62 1.99 2.06 1.03 1.59 1.50 1.59 1.10
Leverage Ratio
2.34 2.25 2.28 2.22 4.54 2.27 2.29 2.27 2.33 2.37
Compound Leverage Factor
1.08 2.35 2.25 4.06 2.17 0.79 1.25 0.95 0.73 -0.35
Debt to Total Capital
54.42% 53.48% 54.45% 105.24% 108.01% 54.72% 55.05% 55.68% 56.73% 57.39%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
54.42% 53.48% 108.90% 105.24% 108.01% 54.72% 55.05% 55.68% 56.73% 57.39%
Preferred Equity to Total Capital
0.42% 0.85% 0.85% 0.84% 0.41% 0.41% 0.41% 0.40% 0.41% 0.41%
Noncontrolling Interests to Total Capital
8.61% 7.91% 8.52% 8.77% 16.65% 8.79% 8.68% 9.55% 10.31% 9.72%
Common Equity to Total Capital
36.55% 77.07% 36.61% 77.07% 37.34% 36.08% 35.86% 34.37% 32.55% 32.47%
Debt to EBITDA
6.08 3.07 3.03 8.59 4.48 4.45 4.36 5.76 5.82 6.21
Net Debt to EBITDA
5.25 5.30 2.62 7.07 7.45 3.72 3.64 4.80 4.86 5.23
Long-Term Debt to EBITDA
6.08 6.15 6.06 4.30 4.48 4.45 4.36 5.76 5.82 6.21
Debt to NOPAT
20.52 22.72 10.74 18.31 18.91 9.47 9.21 18.74 19.45 21.31
Net Debt to NOPAT
17.73 19.58 18.56 7.54 15.73 7.90 7.68 15.62 16.23 17.93
Long-Term Debt to NOPAT
20.52 22.72 10.74 18.31 9.45 9.47 9.21 18.74 19.45 21.31
Altman Z-Score
1.31 1.25 2.79 1.56 1.17 1.25 1.27 1.39 1.51 1.44
Noncontrolling Interest Sharing Ratio
24.27% 23.27% 47.56% 41.02% 19.31% 19.12% 19.93% 20.87% 21.66% 21.96%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.07 0.07 0.08 0.25 0.18 0.08 0.08 0.08 0.09 0.08
Quick Ratio
0.00 0.00 0.01 0.01 0.00 0.01 0.01 0.01 0.01 0.00
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
8,991 -101 -494 1,157 -88 -41 10,022 30 410 476
Operating Cash Flow to CapEx
582.43% 1,147.37% 285.33% 0.00% 412.04% 235,560.22% 0.00% 323.81% 309.90% 361.17%
Free Cash Flow to Firm to Interest Expense
225.32 -2.33 -5.96 12.70 -0.98 -0.86 208.52 0.63 8.17 9.60
Operating Cash Flow to Interest Expense
5.13 5.03 7.68 5.36 4.56 4.63 3.49 4.99 4.59 4.85
Operating Cash Flow Less CapEx to Interest Expense
3.37 4.15 4.99 8.76 2.35 4.63 4.35 3.45 3.11 3.51
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.14 0.28 0.29 0.29 0.14 0.15 0.15 0.15 0.15 0.15
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.15 0.16 0.16 0.17 0.16 0.17 0.17 0.17 0.17 0.18
Accounts Payable Turnover
4.22 3.71 4.79 4.30 4.34 3.93 5.12 4.89 4.94 4.75
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
86.55 98.32 76.16 84.87 84.06 92.87 71.32 74.71 73.94 76.82
Cash Conversion Cycle (CCC)
-86.55 -98.32 -76.16 -84.87 -84.06 -92.87 -71.32 -74.71 -73.94 -76.82
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
10,030 9,964 19,912 9,825 10,151 10,099 9,969 9,863 9,811 9,669
Invested Capital Turnover
0.10 0.15 0.11 0.16 0.16 0.16 0.11 0.17 0.17 0.17
Increase / (Decrease) in Invested Capital
-8,929 654 392 -178 10,113 135 -9,943 38 -340 -430
Enterprise Value (EV)
18,445 17,243 18,599 18,995 17,027 17,949 17,983 19,442 20,999 20,293
Market Capitalization
12,455 11,466 12,668 13,393 11,132 11,947 12,040 13,410 14,810 14,176
Book Value per Share
$12.02 $12.45 $11.78 $24.76 $12.46 $12.00 $11.78 $11.17 $10.52 $10.30
Tangible Book Value per Share
$12.02 $12.45 $23.57 $24.76 $24.93 $12.00 $11.78 $11.17 $10.52 $10.30
Total Capital
10,688 10,615 21,176 21,341 10,998 10,937 10,804 10,705 10,661 10,470
Total Debt
5,816 5,677 5,765 11,230 11,879 5,985 5,947 5,960 6,048 6,009
Total Long-Term Debt
5,816 5,677 11,531 11,230 11,879 5,985 5,947 5,960 6,048 6,009
Net Debt
5,025 4,892 4,985 4,621 9,886 4,997 4,961 4,967 5,047 5,056
Capital Expenditures (CapEx)
140 38 118 -153 99 0.09 -42 74 74 67
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-410 -624 -518 -586 -725 -436 -387 -413 -418 -427
Debt-free Net Working Capital (DFNWC)
-380 -563 -460 -526 -660 -401 -355 -379 -383 -392
Net Working Capital (NWC)
-380 -394 -460 -385 -390 -401 -355 -379 -383 -392
Net Nonoperating Expense (NNE)
37 43 33 50 42 58 33 37 46 52
Net Nonoperating Obligations (NNO)
5,159 5,026 10,266 9,539 10,186 5,146 5,113 5,118 5,198 5,208
Total Depreciation and Amortization (D&A)
340 172 173 345 342 175 174 175 174 172
Debt-free, Cash-free Net Working Capital to Revenue
-27.99% -41.10% -33.21% -36.76% -26.16% -26.81% -23.55% -25.00% -25.16% -25.57%
Debt-free Net Working Capital to Revenue
-25.95% -25.94% -22.46% -32.95% -24.15% -24.66% -21.60% -22.92% -23.02% -23.45%
Net Working Capital to Revenue
-25.95% -37.12% -29.46% -32.95% -24.15% -24.66% -21.60% -22.92% -23.02% -23.45%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.07 $0.14 $0.09 $1.05 $0.10 $0.10 $0.13 $0.08 $0.06 ($0.01)
Adjusted Weighted Average Basic Shares Outstanding
324.70M 321.67M 328.79M 328.96M 328.76M 328.77M 328.82M 329.06M 329.42M 329.29M
Adjusted Diluted Earnings per Share
$0.07 $0.14 $0.09 $1.05 $0.10 $0.10 $0.13 $0.08 $0.06 ($0.01)
Adjusted Weighted Average Diluted Shares Outstanding
325.69M 322.70M 329.42M 332.48M 329.20M 329.10M 328.95M 329.57M 330.56M 330.12M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
325.54M 329.17M 329.17M 329.48M 328.93M 329.22M 329.31M 329.82M 329.96M 331.13M
Normalized Net Operating Profit after Tax (NOPAT)
62 45 131 465 77 94 79 68 49 46
Normalized NOPAT Margin
15.84% 11.17% 32.90% 115.05% 18.81% 22.75% 19.14% 16.33% 11.64% 10.98%
Pre Tax Income Margin
6.52% 11.71% 16.60% 183.68% 8.74% 8.72% 11.28% 7.56% 5.69% -1.23%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
1.39 2.06 1.54 18.04 1.68 2.19 1.78 1.57 1.51 0.71
NOPAT to Interest Expense
1.55 2.09 1.50 8.76 3.45 1.99 1.65 1.42 1.40 0.94
EBIT Less CapEx to Interest Expense
-0.37 1.19 0.38 12.42 -0.53 2.19 2.65 0.03 0.03 -0.63
NOPAT Less CapEx to Interest Expense
-0.21 1.22 0.16 24.31 -0.49 1.98 2.51 -0.12 -0.08 -0.41
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
297.80% 1,128.25% 959.96% 115.44% 116.16% 122.28% 122.11% 403.01% 438.56% 632.20%
Augmented Payout Ratio
306.64% 617.08% 959.96% 115.44% 256.56% 127.55% 122.11% 403.01% 438.56% 632.20%

Frequently Asked Questions About UDR's Financials

When does UDR's fiscal year end?

According to the most recent income statement we have on file, UDR's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has UDR's net income changed over the last 9 years?

UDR's net income appears to be on a downward trend, with a most recent value of $95.88 million in 2024, falling from $357.16 million in 2015. The previous period was $474.49 million in 2023.

What is UDR's operating income?
UDR's total operating income in 2024 was $284.57 million, based on the following breakdown:
  • Total Gross Profit: $1.06 billion
  • Total Operating Expenses: $778.09 million
How has UDR revenue changed over the last 9 years?

Over the last 9 years, UDR's total revenue changed from $894.64 million in 2015 to $1.67 billion in 2024, a change of 86.9%.

How much debt does UDR have?

UDR's total liabilities were at $6.44 billion at the end of 2024, a 0.2% increase from 2023, and a 68.6% increase since 2015.

How much cash does UDR have?

In the past 9 years, UDR's cash and equivalents has ranged from $967 thousand in 2021 to $185.22 million in 2018, and is currently $1.33 million as of their latest financial filing in 2024.

How has UDR's book value per share changed over the last 9 years?

Over the last 9 years, UDR's book value per share changed from 10.89 in 2015 to 10.30 in 2024, a change of -5.4%.

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This page (NYSE:UDR) was last updated on 4/16/2025 by MarketBeat.com Staff
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