The Tip Desk

UDR, Inc.

Company Stats

Market Cap
$10.8B
as of Sep 30, 2026
Enterprise Value
$16.6B
Shares Outstanding
316.9M
Free Float
94.1%

Income Statement

Revenue
$1.7B
Operating Income
$553.6M
Net Income
$377.7M
EBITDA
$1.2B
Revenue Growth, 3Y
4.1%
FCF Margin, 3Y Avg
50.6%
FCF Margin, Worst Year
50.1%

Cash Flow

Free Cash Flow
$866.8M
FCF Yield
8.0%
Owner FCF Yield
7.8%

Balance Sheet

Cash & Equivalents
$1.2M
Total Debt
$5.8B
Net Debt
$5.8B
Net Debt / EBITDA
4.73x
EV / EBITDA
13.47x
Net Debt / EBIT
10.54x

Returns & Capital

Dividends Paid
$567.9M
Dividend Yield
5.3%
Dividend Payout, 3Y Avg
298.4%
Share Repurchases
$117.8M
SBC, 3Y Avg
$30.7M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$1.7B$866.8M50.6%
FY2024$1.7B$855.0M51.1%
FY2023$1.6B$815.8M50.1%
FY2022$1.5B$798.9M52.6%
FY2021$1.3B$653.8M50.7%

Annual filing data through FY ended December 31, 2025; shares and float as of November 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage