← UDR, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $959.9m |
$984.3m
+2.55%
|
$11.8m
-98.81%
|
$14.1m
+19.58%
|
$5.1m
-63.93%
|
$6.1m
+20.38%
|
$5.0m
-17.70%
|
$1.6b
+32307.43%
|
$1.7b
+2.72%
|
$1.7b
+2.42%
|
$1.7b
+0.23%
|
|
| Gains (Losses) on Sales of Investment Real Estate | — | — | — | — | $119.3m | $136.1m | $25.5m | $351.2m | $16.9m | $242.9m | — | |
| General and Administrative Expense | $49.8m | $48.6m | $47.0m | $51.5m | $49.9m | $57.5m | $64.1m | $69.9m | $84.3m | $85.1m | $83.8m | |
| Operating Lease, Lease Income | — | — | — | $1.1b | $1.2b | $1.3b | $1.5b | $1.6b | $1.7b | $1.7b | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $174.6m |
$184.5m
+5.65%
|
$354.7m
+92.27%
|
$221.1m
-37.68%
|
$249.1m
+12.69%
|
$268.0m
+7.57%
|
$250.8m
-6.40%
|
$635.0m
+153.18%
|
$284.6m
-55.19%
|
$553.6m
+94.54%
|
$325.4m
-41.22%
|
|
| Other Nonoperating Income (Expense) | $1.9m | $2.0m | $6.7m | $15.4m | $6.3m | $15.1m | ($6.9m) | $17.8m | ($12.3m) | $19.2m | — | |
| Income (Loss) from Equity Method Investments | $52.2m | $31.3m | ($5.1m) | $137.9m | $18.8m | $65.6m | $4.9m | $4.7m | $20.2m | $28.4m | — | |
| Interest Expense (non-operating) | $123.0m | $128.7m | $134.2m | $170.9m | $202.7m | $186.3m | $155.9m | $180.9m | $195.7m | $196.6m | $196.5m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $105.8m | $89.0m | $222.2m | $203.4m | $71.5m | $162.4m | $92.9m | $476.6m | $96.8m | $404.6m | $559.3m | |
| Current Income Tax Expense (Benefit) | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.3m | |
| Income Tax Expense (Benefit) | — | ($240k) | $688k | $3.8m | $2.5m | $1.4m | $349k | $2.1m | $879k | $835k | $1.3m | |
| Net Income (Loss) Attributable to Parent | $292.7m |
$121.6m
-58.47%
|
$203.1m
+67.09%
|
$185.0m
-8.93%
|
$64.3m
-65.26%
|
$150.0m
+133.43%
|
$86.9m
-42.06%
|
$444.4m
+411.20%
|
$89.6m
-79.84%
|
$377.7m
+321.62%
|
$517.3m
+36.96%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $289.0m |
$117.8m
-59.22%
|
$199.2m
+69.06%
|
$180.9m
-9.22%
|
$60.0m
-66.81%
|
$145.8m
+142.83%
|
$82.5m
-43.40%
|
$439.5m
+432.66%
|
$84.8m
-80.72%
|
$372.9m
+339.96%
|
$517.3m
+38.74%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $380k | $164k | $221k | $188k | $161k | $104k | $42k | $31k | $46k | $46k | $517.3m | |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | $322k | ($147k) | ($175k) | ($125k) | ($99k) | ($80k) | $42k | $31k | $46k | $46k | $517.3m | |
| Preferred Stock Dividends, Income Statement Impact | $3.7m | $3.7m | $3.9m | $4.1m | $4.2m | $4.2m | $4.4m | $4.8m | — | — | $4.9m | |
| Earnings Per Share, Basic | $1.09 | $0.44 | $0.74 | $0.63 | $0.20 | $0.49 | $0.26 | $1.34 | $0.26 | $1.13 | $1.58 | |
| Earnings Per Share, Diluted | $1.08 | $0.44 | $0.74 | $0.63 | $0.20 | $0.48 | $0.26 | $1.34 | $0.26 | $1.13 | $1.58 | |
| Income (Loss) from Continuing Operations, Per Basic Share | $1 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $1 | — | — | — | — | — | — | — | — | — | — | |
| Common Stock, Dividends, Per Share, Declared | $1.18 | $1.24 | $1.29 | $1.37 | $1.44 | $1.45 | $1.52 | $1.68 | $1.70 | $1.72 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 265.4m | 267.0m | 268.2m | 285.2m | 294.5m | 300.3m | 321.7m | 328.8m | 329.3m | 330.3m | 327.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 267.3m | 268.8m | 269.5m | 286.0m | 294.9m | 301.7m | 322.7m | 329.1m | 330.1m | 331.1m | 327.9m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $200k | $400k | $0 | — | — | — | — | — | — | — | — | |
| Direct Costs of Leased and Rented Property or Equipment | $159.9m | $164.7m | $169.1m | $178.9m | $201.9m | $218.1m | $250.3m | $273.7m | $292.6m | $305.0m | — | |
| Other Cost and Expense, Operating | $7.6m | $9.1m | $12.1m | $13.9m | $22.8m | $21.6m | $17.5m | $20.2m | $30.4m | $30.7m | — | |
| Other Interest and Dividend Income | $1.8m | $1.8m | $4.1m | $5.5m | $9.1m | $5.3m | $3.5m | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $292.7m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $109.5m | $89.3m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | — | — | — | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.