Monday 19 October 2026 Export UDR’s income statement to Excel — free account

United Dominion Realty Trust, Inc.

United Dominion Realty Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.7 billion, up 2.42% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 90.9%, free cash flow fell 27.8% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for five.

33.77 0.35 −1.03%

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Market cap: $11.0B
P/E: 21.7×
Fwd P/E: 32.9×
Dividend yield: 5.06%
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 3.14

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	1	—	—	—	—

Insider Ownership 1.19%

Capital & Financial Ratios $m

Market Cap 11,010.00

Revenue 1,716.22

Net Income 557.97

Free Cash Flow 347.44

Net Debt 5,048.87

Current Ratio 4.22

Debt/Equity 1.98

P/E ratio 21.68

Fwd P/E 32.90

P/S ratio 6.45

P/B ratio 3.82

Past 5Y EPS Growth 41.39%

This Y EPS Growth (3.14%)

Next Y EPS Growth (46.56%)

Next Y revenue growth (0.66%)

Next 5Y EPS Growth (16.44%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 0.81%

10-year low 10-year high

P/S against its own 10 years 0.96%

10-year low 10-year high

P/B against its own 10 years 58.61%

10-year low 10-year high

EV/Sales against its own 10 years 1.11%

10-year low 10-year high

EV/FCF against its own 10 years 32.64%

10-year low 10-year high

Dividends

Payout Ratio 1.11

Annual Dividend Rate 1.74

Annual Dividend Yield 5.06%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.74	0.43 0.44 0.15 0.15 0.15 0.15 0.15 0.15
2025	1.72	0.43 0.43 0.43 0.43
2024	1.70	0.42 0.43 0.43 0.43
2023	2.06	0.38 0.42 0.42 0.42 0.42
2022	1.88	0.36 0.38 0.38 0.38 0.38
2021	1.45	0.36 0.36 0.36 0.36
2020	1.42	0.34 0.36 0.36 0.36
2019	1.35	0.32 0.34 0.34 0.34
2018	1.28	0.31 0.32 0.32 0.32
2017	1.23	0.30 0.31 0.31 0.31
2016	1.16	0.28 0.30 0.30 0.30

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	988	953	923	765
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	1,217	1,201	1,073	937

	2023	2024	2025	Q'26
Payables	141	115	142	129
ST’ Debt	—	—	—	—
Other	—	—	—	—
	236	214	239	222

Compound Annual Growth %

	10y	5y	3y
Sales	6.71%	6.65%	4.11%
Cash Flow	7.01%	8.36%	3.26%
Earnings	1.03%	44.09%	65.33%
Book Value	1.26%	0.18%	(7.07%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	426	425	—	—	—
’25	422	425	432	433	1,712
’24	414	415	420	423	1,672
’23	400	405	410	413	1,628
’22	357	369	391	400	1,517
’21	301	311	330	348	1,291
’20	321	307	310	302	1,241

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	129	262	—	—	—
’25	156	250	235	261	903
’24	168	238	230	241	877
’23	168	242	204	219	833
’22	161	237	205	217	820
’21	124	207	153	181	664
’20	135	182	140	148	604

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	55	118	—	—	—
’25	86	164	156	18	423
’24	80	144	144	170	538
’23	67	107	67	106	347
’22	60	(209)	94	100	45
’21	36	(149)	(550)	(262)	(925)
’20	(65)	106	54	(193)	(99)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.57	0.21	—	—	—
’25	0.23	0.11	0.12	0.67	1.13
’24	0.13	0.08	0.06	(0.02)	0.26
’23	0.09	1.05	0.10	0.10	1.34
’22	0.04	0.01	0.07	0.13	0.26
’21	0.01	0.04	0.06	0.37	0.48
’20	0.01	0.19	(0.09)	0.09	0.20

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	32.79	34.41	32.88	38.18	29.20	36.73	37.18	30.95	34.19	32.94	Analyst estimates 2026–2028 Powerpack
	High	38.61	40.71	42.98	50.61	51.25	60.42	61.06	45.46	47.55	46.47
People
People	Employees	1,587	1,542	1,431	1,351	1,271	1,219	1,326	1,410	1,432	1,426
	Revenue/emp, $m	0.60	0.65	0.73	0.85	0.98	1.06	1.14	1.15	1.17	1.20
Income, $m
Income, $m	Revenue	960	996	1,047	1,152	1,241	1,291	1,517	1,628	1,672	1,712
	Gross margin, %	67.80	67.67	67.18	67.32	64.49	62.99	64.50	64.44	63.56	63.51
	EBT	332	132	222	203	72	162	93	477	97	405
	EBT margin, %	34.58	13.30	21.23	17.65	5.76	12.58	6.12	29.28	5.79	23.63
	Net income	320	133	222	200	69	161	93	474	96	404
	Depreciation	426	436	436	508	619	620	680	692	695	680
Per share, $
Per share, $	Revenue	3.62	3.73	3.90	4.04	4.21	4.30	4.72	4.95	5.08	5.18
	Earnings	1.09	0.44	0.74	0.63	0.20	0.49	0.26	1.34	0.26	1.13
	Cash flow	2.02	1.94	2.09	2.21	2.05	2.21	2.55	2.53	2.66	2.73
	Capex	(1.65)	(1.77)	(1.00)	(5.54)	(2.39)	(5.29)	(2.41)	(1.48)	(1.03)	(1.45)
	Free cash flow	0.37	0.18	1.09	(3.33)	(0.34)	(3.08)	0.14	1.05	1.63	1.28
	Book value	11.67	10.62	10.90	11.88	11.06	11.57	12.74	12.14	10.46	9.96
	Shares, m	265	267	268	285	295	300	322	329	329	330
Valuation, ×
Valuation, ×	P/E	32.98	86.50	53.54	75.32	192.15	122.43	154.36	28.84	173.64	32.46
	P/S	9.94	10.21	10.15	11.56	9.12	13.96	8.18	7.81	8.55	7.08
	P/B	3.13	3.64	3.69	3.98	3.52	5.25	3.06	3.22	4.20	3.73
	EV/Sales	12.60	13.15	12.59	15.11	12.63	17.59	11.28	10.76	11.47	9.94
	EV/FCF	122.03	275.82	44.96	(18.33)	(158.51)	(24.54)	381.31	50.53	35.65	40.22
Cash, $m
Cash, $m	Operating cash flow	537	519	561	631	604	664	820	833	877	903
	Capex	(437)	(471)	(267)	(1,581)	(703)	(1,589)	(775)	(486)	(339)	(480)
	Free cash flow	99	47	293	(950)	(99)	(925)	45	347	538	423
Balance, $m
Balance, $m	Working capital	718	607	896	611	597	542	602	980	987	834
	Total debt	3,401	3,672	3,548	4,708	4,977	5,413	5,487	5,799	5,827	5,821
	Net debt	2,552	2,929	2,558	4,086	4,352	4,682	4,703	4,811	4,874	4,898
	Shareholders’ equity	3,097	2,835	2,923	3,389	3,259	3,474	4,098	3,991	3,444	3,289
Returns, %
Returns, %	ROA	3.77	1.53	2.58	2.09	0.62	1.43	0.76	3.92	0.76	3.47
	ROIC	4.43	2.47	4.05	1.85	2.05	2.05	1.78	4.51	2.14	4.23
	ROE	9.79	4.04	7.03	5.82	1.83	4.39	2.21	10.99	2.31	11.22

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate 0.63 Actual 0.64

0.62 0.63 0.64 0.64 0.65

Q3 FY25 Beat +0.02

Q4 FY25 Met 0.00

Q1 FY26 Met 0.00

Q2 FY26 Beat +0.01

Q3 FY26 — Nov 2

Earnings per share against the consensus, by quarter
Quarter	Estimate	Reported	Result
Q3 FY25	0.63	0.65	Beat by 0.02
Q4 FY25	0.64	0.64	Met by 0.00
Q1 FY26	0.62	0.62	Met by 0.00
Q2 FY26	0.63	0.64	Beat by 0.01
Q3 FY26	0.64	—	Reports 2 November 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
VMRK Vivmark Residential	$47.4B	26.5×	39.1×	+2.11% (above 0%: growing)	−41.18% (below 0%: shrinking)	+298.73% (above 0%: growing)	61.38%	25.75%	Compare
ESS Essex Property Trust, Inc.	$17.3B	41.9×	47.4×	+4.09% (above 0%: growing)	−71.80% (below 0%: shrinking)	+21.02% (above 0%: growing)	68.42%	22.36%	Compare
INVH Invitation Home	$16.0B	24.8×	27.1×	+9.71% (above 0%: growing)	+60.87% (above 0%: growing)	+41.97% (above 0%: growing)	55.10%	24.62%	Compare
SUI Sun Communities, Inc.	$14.4B	— (loss-making)	— (loss-making)	+8.02% (above 0%: growing)	n/m	−12.76% (below 0%: shrinking)	55.40%	12.25%	Compare
MAA Mid-America Apartment Communities, Inc.	$13.5B	34.1×	31.2×	+0.95% (above 0%: growing)	+13.04% (above 0%: growing)	−3.86% (below 0%: shrinking)	57.37%	25.36%	Compare
ELS Equity Lifestyle Properties, Inc.	$11.9B	29.4×	29.4×	+5.56% (above 0%: growing)	+19.05% (above 0%: growing)	+14.74% (above 0%: growing)	51.52%	32.00%	Compare
AMH American Homes 4 Rent	$11.3B	24.8×	32.1×	+2.75% (above 0%: growing)	+10.71% (above 0%: growing)	+24.76% (above 0%: growing)	58.35%	25.92%	Compare
UDR United Dominion Realty Trust, Inc.	$11.0B	21.7×	32.9×	0.00%	+90.91% (above 0%: growing)	−27.77% (below 0%: shrinking)	62.41%	27.23%
CPT Camden Property Trust	$9.9B	32.6×	74.0×	−0.90% (below 0%: shrinking)	−75.68% (below 0%: shrinking)	−1,195.62% (below 0%: shrinking)	64.13%	12.20%	Compare
Median of peers	$14.0B	29.4×	32.1×	+3.42%	+10.71%	+17.88%	57.86%	24.99%

All 20 Reit Residential stocks →

United Dominion Realty Trust, Inc. (UDR) key facts

Strength: United Dominion Realty Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.7 billion, up 2.42% from fiscal 2024.
Strength: Net income was $403.7 million, or $1.13 per share (basic), a net margin of 21.8%.
United Dominion Realty Trust, Inc. (UDR) is a Reit Residential company in the Real Estate sector, listed on the New York Stock Exchange.
As of October 19, 2026, UDR traded at $33.88, a market capitalization of $11.0 billion.
At that price the stock trades at 21.7× trailing-twelve-month earnings and 6.4× sales; its P/E is higher than 1% of its own readings over the past ten years.
United Dominion Realty Trust, Inc. pays an annual dividend of $1.74 per share, a yield of 5.06%, with a payout ratio of 110.5%.
Return on equity was 11.2% and debt-to-equity 1.98.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.