UDR, Inc. (UDR)

NYSE: UDR · Real Estate Investment Trusts · Highlands Ranch, CO · filing with the SEC since 1994

Grade6.1

◀ Past 7.0● Present 5.9▶ Future 5.6

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 17, 2026	Feb 18, 2025	Feb 20, 2024	Feb 13, 2023	Feb 15, 2022	Feb 18, 2021	Feb 18, 2020	Feb 19, 2019	Feb 20, 2018	Feb 21, 2017
Revenue	1,712,317	1,671,842	1,627,501	1,517,386	1,290,767	1,241,165	1,152,193	1,046,859	995,791^r	959,861
For lenders
Provision for credit losses	-213	37,456	702^r	140^r	600^r	-700^r	·	·	·	·
General and administrative	85,104	84,305	69,929	64,144	57,541	49,885	51,533	46,983	48,566	49,761
Total costs and expenses	1,401,624	1,404,140	1,343,686	1,292,066	1,158,851	1,111,339	936,418	828,338	811,297	785,239
Operating income	553,606	284,569	635,008	250,814	267,968	249,103	221,057	354,718	227,898^r	400,821^r
Interest expense	196,619	195,712	180,866	155,900	186,267	202,706	170,917	134,168	128,711	123,031
Share of profit of equity-method investments	28,388	20,235	4,693	4,947	65,646	18,844	137,873	-5,055	31,257	52,234
Other income (expense), net	19,175	-12,336	17,759	-6,933	15,085	6,274	15,404	6,735	1,971	1,930
Income before income taxes	404,550	96,756	476,594	92,928	162,432	71,515	203,417	222,230	132,415^r	331,954^r
Income tax expense	835	879	2,106	349	1,439	2,545	3,838	688	-240	11,574^r
Income from continuing operations	·	·	·	·	·	·	·	·	89,251	109,529
Income from discontinued operations	·	·	·	·	·	·	·	·	·	0
Net income including non-controlling interests	403,715	95,877	474,488	92,579	160,993	68,970	199,579	221,542	132,655	320,380
Net income to non-controlling interests	46	46	31	42	104	161	188	221	164	380
Net income	377,704	89,585	444,353	86,924	150,016	64,266	184,965	203,106	121,558	292,718
Preferred dividends	·	·	4,848	4,412	4,229	4,230	4,104	3,868	3,708	3,717
Net income to common shareholders	372,865	84,750	439,505	82,512	145,787	60,036	180,861	199,238	117,850	289,001
Earnings per share, basic	1.13	0.26	1.34	0.26	0.49	0.20	0.63	0.74	0.44	1.09
Earnings per share, diluted	1.13	0.26	1.34	0.26	0.48	0.20	0.63	0.74	0.44	1.08
Weighted average shares, basic	330,322	329,290	328,765	321,671	300,326	294,545	285,247	268,179	267,024	265,386
Weighted average shares, diluted	331,053	330,116	329,104	322,700	301,703	294,927	286,015	269,483	268,830	267,311

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseDebt
us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton UDR · research, not advice