UDR, Inc. (UDR)

UDR, Inc. is a S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets. As of June 30, 2026, UDR owned or had an ownership position in 60,259 apartment homes, including 685 apartment homes under development. For over 54 years, UDR has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates. UDR, Inc. was incorporated in 1972 in Maryland, and is based in Highlands Ranch, Colorado.

Symbol: UDR
Exchange: NYSE
Sector: Real Estate
Industry: REIT - Residential
Market cap: $10.84B
52 week range: 32.94 - 42

Valuation

Share price: $33.27 (close of 2026-10-02)
P/E (TTM): 22.48x
Price to book: 3.30x
Price to free cash flow: 12.39x
Enterprise value: $16.69B
Book value per share: $10.08

Price performance

Period	Change
1 day	-1.22%
5 days	-1.68%
1 month	-9.07%
3 months	-19.03%
6 months	-3.95%
Year to date	-9.30%
1 year	-8.60%
3 years	-5.32%
5 years	-37.86%
10 years	-7.56%
All time	+1405.43%

Members of Congress who disclosed UDR trades

Julie Johnson · Alan Armstrong

Super investors holding UDR

Ken Griffin (Citadel)

Profitability and growth

Return on equity: 11.48%
Return on invested capital: 5.95%
Return on assets: 3.56%
Net margin: 3324.57%
EBITDA margin: 10858.56%
Revenue growth: 36.60%
Net income growth: 321.62%
Free cash flow growth: 2.97%

Cash flow and balance sheet

Free cash flow yield (TTM): 8.07%
Net debt to EBITDA: 4.18x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
Revenue: $11.36M
EBITDA: $1.23B
Net income: $377.70M
Earnings per share: $1.13
Shares outstanding: 330.32M

Income statement by year

Period end	Revenue	Net income	EPS
2025-12-31	$11.36M	$377.70M	$1.13
2024-12-31	$8.32M	$89.58M	$0.26
2023-12-31	$6.84M	$444.35M	$1.34
2022-12-31	$5.02M	$86.92M	$0.26
2021-12-31	$6.10M	$150.02M	$0.49
2020-12-31	$5.07M	$64.27M	$0.20
2019-12-31	$14.05M	$184.97M	$0.63
2018-12-31	$11.75M	$203.11M	$0.74
2017-12-31	$11.48M	$121.56M	$0.44
2016-12-31	$11.40M	$292.72M	$1.09

Margins and returns by year

Period end	Net margin	Return on equity	Return on capital
2025-12-31	3324.57%	11.48%	5.95%
2024-12-31	1077.13%	2.60%	3.00%
2023-12-31	6493.54%	11.13%	6.35%
2022-12-31	1730.86%	2.12%	2.56%
2021-12-31	2458.47%	4.32%	2.94%
2020-12-31	1267.82%	1.97%	2.93%
2019-12-31	1316.01%	5.46%	2.62%
2018-12-31	1727.97%	6.95%	5.63%
2017-12-31	1058.68%	4.29%	3.50%
2016-12-31	2567.70%	9.45%	5.99%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$1.22M	$5.82B
2024-12-31	$1.33M	$5.83B
2023-12-31	$2.92M	$5.80B
2022-12-31	$1.19M	$5.49B
2021-12-31	$967.00K	$5.41B
2020-12-31	$1.41M	$4.98B
2019-12-31	$8.11M	$4.71B
2018-12-31	$185.22M	$3.55B
2017-12-31	$2.04M	$3.67B
2016-12-31	$2.11M	$3.40B

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$902.89M	$26.48M
2024-12-31	$876.85M	$32.63M
2023-12-31	$832.66M	$32.90M
2022-12-31	$820.07M	$27.50M
2021-12-31	$663.96M	$22.05M
2020-12-31	$604.32M	$19.62M
2019-12-31	$630.70M	$24.33M
2018-12-31	$555.83M	$14.24M
2017-12-31	$517.53M	$12.86M
2016-12-31	$532.13M	$13.40M

Dividend history

Most recent payment: 2026-09-15
Paid in the last twelve months: $1.73

Payment date	Dividend per share
2026-09-15	$0.14
2026-08-17	$0.14
2026-07-17	$0.14
2026-04-15	$0.43
2026-01-12	$0.43
2025-10-09	$0.43
2025-07-10	$0.43
2025-04-10	$0.43

Investor relations

Next earnings report

Next confirmed report: 2026-11-04
Consensus EPS estimate: $0.64

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-07-27	Jun/2026	$0.63
2026-04-29	Mar/2026	$0.62
2026-02-09	Dec/2025	$0.64
2025-10-29	Sep/2025	$0.63
2025-07-30	Jun/2025	$0.62
2025-04-30	Mar/2025	$0.61
2025-02-05	Dec/2024	$0.63
2024-10-30	Sep/2024	$0.62

Filings and sources

Company website: udr.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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