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UDR UDR Same Communities Mid Atlantic Region — Operating Lease Other Income

Discontinued — last reported Q1 '23

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SUIReal Property Operations Segment — Ancillary revenue
$15.81M+68.6%
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SUIReal Property Operations Segment — Other revenues
$2.62M-45.0%
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AVBEstablished Communities — Management, development and other fees
$701.28M+3.0%
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AMHOther — Other
$2.58M-8.2%

Other financials

Income statement

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Revenue$425.8M+0.9%
Operating income$229.8M+88.1%
Net income$189.8M+147%
EPS (diluted)$0.57+148%

Balance sheet

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Cash & equivalents$1.3M+4.0%
Total debt$182.0M+0.4%
Total equity$3.3B-1.4%
Total assets$10.3B-3.8%

Cash flow

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Operating cash flow$128.7M-17.6%
CapEx$43.5M-18.0%
Free cash flow$85.3M-17.4%

Valuation

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Market cap$12.2B-25.8%
Enterprise value$12.38B-25.5%
P/E24.9×-103×
P/S7.1×-2.7×

Profitability

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Operating margin38.5%+19.1pp
Net margin28.6%+21.0pp
FCF margin36.8%+0.2pp

Returns & leverage

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Return on equity14.8%+11.3pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by UDR in its filing.

Tagged under the XBRL concept udr:OperatingLeaseOtherIncome.

The official record: UDR’s 10-Q, filed April 27, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is UDR's same communities mid atlantic region — operating lease other income?
UDR (UDR) reported same communities mid atlantic region — operating lease other income of $2.61M in Q1 2023.
How has UDR's same communities mid atlantic region — operating lease other income changed year-over-year?
UDR's same communities mid atlantic region — operating lease other income increased by 3.9% year-over-year, from $2.52M to $2.61M.
What does same communities mid atlantic region — operating lease other income mean?
Ancillary income generated from fees and services at established Mid-Atlantic apartment communities.
How do you interpret same communities mid atlantic region — operating lease other income?
An increase suggests successful implementation of value-add services or higher utilization of fee-based amenities.
How does same communities mid atlantic region — operating lease other income compare across companies?
Comparable to 'other property income' or 'ancillary revenue' reported by peer multifamily operators.