UDR, Inc.

Real Estate Multi-Family Residential REITs Highlands Ranch, Colorado Last filing Feb 17, 2026 · FY2025

Balance Sheet

Assets, liabilities, and equity

21 accounts · 5 years

Account	2025	2024	2023	2022	2021
Statement
BS Assets Cash	$1.2M	$1.3M	$2.9M	$1.2M	$967.0K
BS Assets Other Current Assets	$231.3M	$197.5M	$210.0M	$197.5M	$216.3M
BS Assets Op Lease ROU	$187.6M	$187.0M	$190.6M	$194.1M	$197.5M
BS Assets LT Investments	$879.7M	$912.2M	$944.1M	$747.0M	$696.4M
BS Assets Other Noncurrent	$231.3M	$197.5M	$210.0M	$197.5M	$216.3M
BS Assets Total	$10.6B	$10.9B	$11.4B	$11.0B	$10.8B
BS Liab Current Debt	$5.8B	$5.8B	$5.8B	$5.5B	$5.4B
BS Liab Op Lease Current	$183.0M	$182.3M	$185.8M	$189.2M	$192.5M
BS Liab Total Current	$6.5B	$6.4B	$6.4B	$6.1B	$6.0B
BS Liab Long Term Debt	$5.8B	$5.8B	$5.8B	$5.5B	$5.4B
BS Liab Op Lease Noncurrent	$183.0M	$182.3M	$185.8M	$189.2M	$192.5M
BS Liab Deferred Tax Liab	$500.0K	$800.0K	$800.0K	$800.0K	$800.0K
BS Liab Total	$6.5B	$6.4B	$6.4B	$6.1B	$6.0B
BS Equity Preferred Stock	$50.0M	$50.0M	$50.0M	$50.0M	$50.0M
BS Equity Common Stock	$3.3M	$3.3M	$3.3M	$3.3M	$3.2M
BS Equity APIC	$7.5B	$7.6B	$7.5B	$7.5B	$6.9B
BS Equity Treasury Stock	$36	—	$40	$41	—
BS Equity AOCI	$1.7M	$3.6M	$4.9M	$8.3M	$-4.3M
BS Equity NCI	$335.0K	$335.0K	$210.0K	$210.0K	$31.4M
BS Equity Total	$3.3B	$3.4B	$4.0B	$4.1B	$3.4B
BS Equity Total Liab and Equity	$10.6B	$10.9B	$11.4B	$11.0B	$10.8B

Income Statement

Revenue, expense, and profitability

17 accounts · 5 years

Revenue $1.7B

Operating income $553.6M

Net income $377.7M

Account	2025	2024	2023	2022	2021
Statement
IS Revenue Total	$1.7B	$1.7B	$1.6B	$1.5B	$1.3B
IS Expense COGS	$1.4B	$1.4B	$1.3B	$1.3B	$1.2B
IS Expense SGA	$85.1M	$84.3M	$69.9M	$64.1M	$57.5M
IS Expense DA	$680.0M	$695.5M	$691.8M	$679.6M	$619.8M
IS Expense SBC	$26.5M	$32.6M	$32.9M	$27.5M	$22.1M
IS Expense Total Opex	$1.4B	$1.4B	$1.3B	$1.3B	$1.2B
IS Operating Income	$553.6M	$284.6M	$635.0M	$250.8M	$268.0M
IS Interest Expense	$196.6M	$195.7M	$180.9M	$155.9M	$186.3M
IS Other Nonop Inc Exp	$19.2M	$-12.3M	$17.8M	$-6.9M	$15.1M
IS Pre Tax Income	$404.6M	$96.8M	$476.6M	$92.9M	$162.4M
IS Tax Expense	$835.0K	$879.0K	$2.1M	$349.0K	$1.4M
IS net Income	$377.7M	$89.6M	$444.4M	$86.9M	$150.0M
IS Comprehensive Income	$375.7M	$88.3M	$440.9M	$99.5M	$154.9M
IS EPS Basic	$1	$0	$1	$0	$0
IS EPS Diluted	$1	$0	$1	$0	$0
IS Shares Basic	$330.3M	$329.3M	$328.8M	$321.7M	$300.3M
IS Shares Diluted	$331.1M	$330.1M	$329.1M	$322.7M	$301.7M

Cash Flow Statement

Operating, investing, and financing flows

16 accounts · 5 years

Account	2025	2024	2023	2022	2021
Statement
CF Ops net Income	$377.7M	$89.6M	$444.4M	$86.9M	$150.0M
CF Ops DA	$680.0M	$19.4M	$15.4M	$14.3M	$13.2M
CF Ops SBC	$26.5M	$32.6M	$32.9M	$27.5M	$22.1M
CF Ops Working Capital	$8.4M	$31.1M	$33.6M	$-9.8M	$33.5M
CF Ops Other	$32.5M	$27.1M	$9.1M	$31.7M	$19.2M
CF Ops net Cash	$902.9M	$876.8M	$832.7M	$820.1M	$664.0M
CF Inv Capex	$252.9M	$249.9M	$295.4M	$214.8M	$156.4M
CF Inv net Cash	$-151.0M	$-276.4M	$-289.1M	$-929.5M	$-1.3B
CF Fin Share Repurchases	$117.8M	—	$25.0M	$49.0M	—
CF Fin Dividends	$567.9M	$558.5M	$539.9M	$483.6M	$433.8M
CF Fin Other	$-14.0M	$-23.7M	$-17.0M	$-24.4M	$-16.1M
CF Fin net Cash	$-750.4M	$-599.9M	$-538.9M	$111.2M	$612.5M
CF FX Effect	$36.9M	$35.4M	$34.9M	$30.2M	$28.4M
CF net Change	$1.5M	$561.0K	$4.7M	$1.8M	$4.2M
CF Cash Begin	$36.9M	$35.4M	$34.9M	$30.2M	$28.4M
CF Cash End	$36.9M	$35.4M	$34.9M	$30.2M	$28.4M

Stock Data

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Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

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