{ "ok": true, "cik": "74208", "ticker": "UDR", "name": "UDR, Inc.", "filings": [ { "form": "8-K", "filed": "2026-09-09", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/74208/000007420826000077/0000074208-26-000077-index.htm" }, { "form": "10-Q", "filed": "2026-07-28", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/74208/000007420826000073/0000074208-26-000073-index.htm" }, { "form": "8-K", "filed": "2026-07-27", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/74208/000007420826000070/0000074208-26-000070-index.htm" }, { "form": "8-K", "filed": "2026-05-29", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/74208/000007420826000063/0000074208-26-000063-index.htm" }, { "form": "8-K", "filed": "2026-05-27", "items": [ "5.07 Submission of Matters to a Vote of Security Holders" ], "url": "https://www.sec.gov/Archives/edgar/data/74208/000007420826000060/0000074208-26-000060-index.htm" }, { "form": "8-K", "filed": "2026-05-04", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/74208/000007420826000052/0000074208-26-000052-index.htm" } ], "events12m": 13, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 2, "latest": { "filed": "2026-01-05", "url": "https://www.sec.gov/Archives/edgar/data/74208/000007420826000005/0000074208-26-000005-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000074208.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=74208" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up UDR, Inc. ($UDR). Last filing: 8-K (7.01 Regulation FD Disclosure), 2026-09-09. 13 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 1712317000, "revenueGrowth1y": 0.024209823655584772, "revenueGrowthPerYear": 0.07320843820899148, "yearsOfData": 5, "operatingMargin": 0.3233081257734403, "operatingMarginPrior": 0.17021285504252195, "netMargin": 0.23577118021955046, "operatingCashFlow": 902887000, "capitalSpending": null, "freeCashFlow": null, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 1222000, "longTermDebt": 5821369000, "longTermDebtChange": -0.0009603627274232807, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 1290767000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 1517386000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 1627501000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 1671842000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 1712317000 } ], "totalEquity": 3288462000, "totalAssets": 10605674000, "equityRatio": 0.31006629093068483, "returnOnEquity": 0.12276711727245138, "dividendsPaid": 567864000, "payoutRatio": 1.406596237444732, "dividendPerShare": 1.72, "dividendYearsRising": 15, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 1.13, "sharesOutstanding": 331053000, "bookValuePerShare": 9.933339978794937, "revenuePerShare": 5.1723349433474395, "range80": { "low": 1550558665.2303908, "high": 1925023957.1753337, "baseline": 1768239919.3659964, "n": 4599, "band": "b1", "bandLabel": "$1B–10B", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.06428935984885033, "classVolatility": 0.07701947805587882, "volatility": 0.07094054478848809 }, "ifPaceHeld": { "low": 1550558665.2303908, "high": 1925023957.1753337 } }, "edgarette": "🔖 Exposure: revenue $1.7B (FY2025), total debt $5.8B. Experience: revenue up 2.4% on the year, up 7.3% a year over 4 years; operating margin 32.3%, up from 17.0%. Soundness: equity 31.0% of assets, return on equity 12.3%, payout 140.7% of profit, dividend per share up 15 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.6B and $1.9B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $1.4B to $2.1B. A statistical range, not company guidance. Against peers (79 filers, $50M+ revenue, real estate investment trusts): operating margin 32.3% against a 24.7% median; growth 2.4% against 3.7%.", "peers": { "sic": 6798, "sicDescription": "Real Estate Investment Trusts", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6798", "growth": [ 0.0366, 157 ], "opMargin": [ 0.2474, 79 ], "equityRatio": [ 0.3883, 154 ], "returnOnEquity": [ 0.0254, 128 ], "payoutRatio": [ 1.5128, 81 ] }, "summary": "Udr (UDR) grew revenue 2.4% in FY2025 to $1.7 billion, operating margin 32.3% against a 24.7% median for real estate investment trusts, equity 31.0% of assets, and dividend per share up 15 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
UDR, Inc. against its own record and its peers
Operating marginPeer median 24.7%32.3%Revenue, on the yearPeer median 3.7%2.4%Equity of assetsPeer median 38.8%31.0%Return on equityPeer median 2.5%12.3%Payout of profitPeer median 151.3%140.7%Gold tick: the median of 81–154 peers with $50M+ revenue in real estate investment trusts
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit120.0% paid outMore was paid out than was earned in the year.Handed back per share$1.72up 15 years runningGrowth its own profit can fund0.0%retained x return on equityRevenue growth it managed2.4%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 14, "hits": 13, "rate": 0.9285714285714286, "method": "v4", "byYear": { "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 0, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:33:19.785Z", "hash": "18f6b53174d554e1", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Udr (UDR) grew revenue 2.4% in FY2025 to $1.7 billion, operating margin 32.3% against a 24.7% median for real estate investment trusts, equity 31.0% of assets, and dividend per share up 15 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 1712317000, "totalDebt": 5821369000, "cash": 1222000 }, "experience": { "revenueGrowth1y": 0.024209823655584772, "revenueGrowthPerYear": 0.07320843820899148, "operatingMargin": 0.3233081257734403, "operatingMarginPrior": 0.17021285504252195, "netMargin": 0.23577118021955046, "freeCashFlow": null }, "soundness": { "equityRatio": 0.31006629093068483, "returnOnEquity": 0.12276711727245138, "payoutRatio": 1.406596237444732, "dividendPerShare": 1.72, "dividendYearsRising": 15, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 6798, "sicDescription": "Real Estate Investment Trusts", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6798", "growth": [ 0.0366, 157 ], "opMargin": [ 0.2474, 79 ], "equityRatio": [ 0.3883, 154 ], "returnOnEquity": [ 0.0254, 128 ], "payoutRatio": [ 1.5128, 81 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 2, "latest": { "filed": "2026-01-05", "url": "https://www.sec.gov/Archives/edgar/data/74208/000007420826000005/0000074208-26-000005-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 1550558665.2303908, "high": 1925023957.1753337, "baseline": 1768239919.3659964, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4599, "sizeBand": "$1B–10B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.06428935984885033, "classVolatility": 0.07701947805587882, "pricedVolatility": 0.07094054478848809, "k": 3 }, "stress": { "low": 1432773821.4823806, "high": 2083434422.8399894, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 14, "hits": 13, "rate": 0.9285714285714286, "method": "v4", "byYear": { "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 0, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:33:19.785Z", "hash": "18f6b53174d554e1", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000074208.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=74208" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.5273, "growth3y": 0.0411, "volatility": 0.0643, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.3101, "quadrant": { "code": "ss", "label": "Slow and steady", "plain": "growing slower than its size class, with steadier revenue" }, "compass": { "code": "now", "inside": "Turns 52.7% of revenue into operating cash; revenue growing 4.1% a year over three years; pays and raised its dividend.", "outside": "Among $1B-10B companies: 95th percentile for cash, 47th for growth.", "emoji": "🐄", "label": "Cash cow now", "plain": "steady, with strong cash arriving today" }, "band": "$1B-10B", "cashPctInClass": 95, "growthPctInClass": 47, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 902887000, "investing": -150990000, "financing": -750392000, "capitalSpending": null, "free": null, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 663960000, "free": null }, { "fiscalYearEnd": "2022-12-31", "operating": 820071000, "free": null }, { "fiscalYearEnd": "2023-12-31", "operating": 832664000, "free": null }, { "fiscalYearEnd": "2024-12-31", "operating": 876848000, "free": null }, { "fiscalYearEnd": "2025-12-31", "operating": 902887000, "free": null } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 1222000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 10605674000, "ladder": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.5273, "growth3y": 0.0411, "volatility": 0.0643, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.3101, "quadrant": { "code": "ss", "label": "Slow and steady", "plain": "growing slower than its size class, with steadier revenue" }, "compass": { "code": "now", "inside": "Turns 52.7% of revenue into operating cash; revenue growing 4.1% a year over three years; pays and raised its dividend.", "outside": "Among $1B-10B companies: 95th percentile for cash, 47th for growth.", "emoji": "🐄", "label": "Cash cow now", "plain": "steady, with strong cash arriving today" }, "band": "$1B-10B", "cashPctInClass": 95, "growthPctInClass": 47, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 902887000, "investing": -150990000, "financing": -750392000, "capitalSpending": null, "free": null, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 663960000, "free": null }, { "fiscalYearEnd": "2022-12-31", "operating": 820071000, "free": null }, { "fiscalYearEnd": "2023-12-31", "operating": 832664000, "free": null }, { "fiscalYearEnd": "2024-12-31", "operating": 876848000, "free": null }, { "fiscalYearEnd": "2025-12-31", "operating": 902887000, "free": null } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 1222000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 10605674000, "ladder": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }