UDR UDR, Inc.

Overview and Growth

Fiscal 2025 results for UDR, Inc. combined $1.71B of revenue with net income of $377.70M and an operating cash inflow of $902.89M. At $1.71B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line expanded 2.4% from $1.67B in fiscal 2024, increasing the company’s operating scale. The company reported diluted EPS of $1.13, adding a shareholder-level measure to the absolute income figures considered below. Against diluted EPS of $0.26 in fiscal 2024, the current result was 334.6% higher. The diluted weighted-average share count was 331.05M, linking total earnings with the per-share result received by shareholders. The company employed $10.61B of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 0.16x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

Operating income was $553.61M, the earnings remaining from reported operations after the company’s recognized operating cost structure. Operating margin measured 32.3%, showing the portion of revenue preserved after the full set of operating costs. After all reported below-operating-line items, the company recorded net income of $377.70M for the fiscal year. Net margin was 22.1%, meaning that this portion of revenue remained as net income after all recognized expenses. Reported EBITDA totaled $1.23B, adding a pre-interest, tax, depreciation, and amortization perspective to the profitability profile. Before income taxes, the company reported $404.55M of earnings, providing a bridge between the operating result and final net income. Measured against revenue, pretax income equaled 23.6%, adding a pre-tax profitability layer between revenue and net income. The reported income-tax provision was $835.00K, the amount recognized between pretax income and the final net-income result. The income-tax provision equaled 0.2% of pretax income, showing the tax burden absorbed by the year’s earnings. Return on period-end equity was 11.5%, relating annual net income to the equity capital on the balance sheet. Net income represented 3.6% of period-end assets, placing the company’s bottom-line result against the total resource base employed. Current net income of $377.70M was above fiscal 2024 net income of $89.58M, showing the direction of the bottom-line change.

Liquidity and Capital Structure

Total assets were $10.61B, supported by $6.46B of liabilities and $3.29B of shareholder equity. The company held $1.22M in cash and equivalents, a narrower liquidity measure than total current assets. The company carried $5.82B of total debt at period end, which frames its leverage and debt-service burden. Debt equaled 1.77x of book equity, describing the relative scale of borrowing and shareholder capital. Debt represented 54.9% of total assets, placing borrowing in the context of the company’s full resource base. The equity-to-assets relationship was 31.0%, placing book capital against the total resource base. Liabilities represented 60.9% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 0.0%, a balance-sheet composition measure rather than a liquidity forecast. Compared with $10.90B in fiscal 2024, the current asset base moved 2.7% and finished lower. Against $3.44B of equity in fiscal 2024, the current book-equity balance moved 4.5% and ended lower. Cash and equivalents were 7.8% lower than fiscal 2024 cash of $1.33M, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

The company reported $902.89M of operating cash flow, a cash inflow that shows the cash generated by operations. Operating cash flow equaled 2.39x of net income, showing how strongly accounting earnings converted into cash from operations. The operating cash outcome moved from $876.85M in fiscal 2024 to $902.89M, ending above the prior-year level.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.