Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
UDR delivered strong FY2025 results with revenue growing 2.4% to $1.71B, while net income surged 321.6% to $377.7M driven by significantly improved operating margins and disciplined cost management.
Revenue
$1.71B
+2.42% YoY
EPS (Diluted)
$1.13
+334.62% YoY
Operating Income
$553.61M
+94.54% YoY
Source: SEC XBRL
Udr (UDR) reported FY2025 revenue of $1.71B, up 2.4% year over year. Operating margin was 32.3%, up 15.3 points from 17.0% a year earlier. Operating cash flow was $902.89M, up 3.0% year over year.
Last 4 quarters: 1 beat
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 0.10 | 0.12 | Miss -13.3% |
| Mar 2026 | 0.57 | 0.11 | Beat +413.1% |
| Dec 2025This filing | 0.08 | 0.15 | Miss -47.6% |
| Sep 2025 | 0.12 | 0.13 | Miss -8.6% |
Reported EPS of $0.08 versus the $0.15 analyst consensus — a -47.6% miss for Dec 2025.
Compiled by AI from this SEC filing
Total revenue increased 2.4% year-over-year to $1.71B in FY2025 from $1.67B in FY2024, reflecting steady demand for UDR's multifamily apartment communities across its portfolio.
Source: 10-K Income Statement, Financial Data
Operating income nearly doubled, rising 94.5% to $553.6M from $284.6M in the prior year, pushing the operating margin from 17.0% to 32.3% — a 15.3 percentage point improvement, suggesting meaningful gains in operational efficiency or reduced non-cash charges.
Source: 10-K Income Statement, Financial Data
Net income jumped 321.6% to $377.7M from $89.6M in FY2024, with basic and diluted EPS rising to $1.13 from $0.26, reflecting both improved operations and potentially favorable asset dispositions or reduced impairments.
Source: 10-K Income Statement, Financial Data
Operating cash flow grew 3.0% to $902.9M from $876.8M, demonstrating the company's ability to consistently generate strong cash from its apartment portfolio to fund dividends and capital needs.
Source: 10-K Cash Flow Statement, Financial Data
UDR deployed $117.8M in share repurchases during FY2025 while reducing investing outflows by 45.4% to $151.0M, indicating a more selective approach to acquisitions and a focus on returning capital to shareholders.
Source: 10-K Cash Flow Statement, Financial Data
Compiled by AI from this SEC filing · 2 high, 2 medium, 1 low
UDR carries $5.82B in long-term debt against stockholders' equity of $3.29B, resulting in a debt-to-equity ratio of approximately 1.96x. In a rising or sustained high interest rate environment, refinancing this debt could increase interest expense and pressure earnings and dividend coverage.
Source: 10-K Balance Sheet, Financial Data
Total assets fell 2.7% to $10.61B and stockholders' equity declined 4.5% to $3.29B year-over-year, suggesting asset dispositions or depreciation outpacing new investment. Continued erosion of the equity base could affect the company's financial flexibility and borrowing capacity.
Source: 10-K Balance Sheet, Financial Data
Cash and equivalents stood at just $1.2M at year-end, an extremely thin liquidity buffer relative to the company's $5.82B long-term debt load. UDR relies heavily on operating cash flow and credit facility access to meet obligations, leaving limited margin for unexpected cash needs.
Source: 10-K Balance Sheet, Financial Data
Financing activities consumed $750.4M in FY2025, up 25.1% from $599.9M in FY2024, driven by dividends and share repurchases. Sustained high capital returns to shareholders could constrain the company's ability to invest in portfolio growth or reduce leverage.
Source: 10-K Cash Flow Statement, Financial Data
D&A of $680.0M represents a substantial non-cash charge that depresses GAAP net income relative to cash earnings; however, the large gap between operating cash flow ($902.9M) and net income ($377.7M) underscores the REIT's reliance on FFO-based metrics, which may not be fully appreciated by all investors.
Source: 10-K Cash Flow Statement, Financial Data
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 1.71 $B | 1.67 $B | +2.42% |
Operating Income $M | 553.61 $M | 284.57 $M | +94.54% |
Net Income $M | 377.70 $M | 89.59 $M | +321.62% |
EPS (Basic) $ | 1.13 $ | 0.26 $ | +334.62% |
EPS (Diluted) $ | 1.13 $ | 0.26 $ | +334.62% |
Answers draw on this SEC filing and the data on this page
UDR reported stable Same-Store operating metrics (96.6% weighted average physical occupancy, $2,642 monthly income per occupied home) for Q2 2026, while actively recycling capital through property dispositions (including a $362.0M four-community sale and a $41.5M Nashville sale generating a combined ~$193.1M in gains) and repurchasing $200.3M of common stock during the quarter, though XBRL income statement, balance sheet, and cash flow figures were not provided in this dataset.
UDR delivered strong Q1 FY2026 results with revenue up 0.9% to $425.8M, while net income surged 147.4% to $189.8M and operating income nearly doubled to $229.8M, driven by significant margin expansion.
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