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UDR UDR Same Communities — Operating Lease Lease Income Lease Payments

Other segment segments

Non Mature Communities Other
$20.66M+67.9%

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Other financials

Income statement

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Revenue$425.4M0.0%
Operating income$115.9M+49.7%
Net income$69.0M+83.2%
EPS (diluted)$0.21+90.9%

Balance sheet

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Cash & equivalents$1.2M-22.1%
Total debt$181.0M+0.3%
Total equity$2.9B-11.6%
Total assets$10.3B-3.6%

Cash flow

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Operating cash flow$262.2M+4.7%
CapEx$60.7M+0.8%
Free cash flow$201.5M+6.0%

Valuation

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Market cap$12.25B-3.5%
Enterprise value$12.43B-3.5%
P/E23.5×-69.3×
P/S7.1×-0.4×

Profitability

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Operating margin40.8%+20.9pp
Net margin30.4%+22.3pp
FCF margin37.5%0.0pp

Returns & leverage

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Return on equity16.7%+12.8pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by UDR in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLeaseIncomeLeasePayments.

The source filing: UDR’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 2:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000074208-26-000073
Line itemThree Months Ended / June 30, (a) / 2026Three Months Ended / June 30, (a) / 2025Six Months Ended / June 30, (b) / 2026Six Months Ended / June 30, (b) / 2025
Reportable apartment home segment lease revenue
Same-Store Communities
West Region$125,464$121,061$249,048$241,365
Northeast Region83,10880,548165,005160,635
Mid-Atlantic Region78,17977,206155,617154,421
Southeast Region52,08452,973104,065106,079
Southwest Region47,51148,41593,25795,092
Non-Mature Communities/Other20,66127,49948,73755,368

Item 1. Consolidated Financial Statements

FAQ

What is UDR's same communities — operating lease lease income lease payments?
UDR (UDR) reported same communities — operating lease lease income lease payments of $125.46M in Q2 2026.
How has UDR's same communities — operating lease lease income lease payments changed year-over-year?
UDR's same communities — operating lease lease income lease payments decreased by 0.3% year-over-year, from $125.87M to $125.46M.
What is the long-term trend for UDR's same communities — operating lease lease income lease payments?
Over 4 years (2021 to 2025), UDR's same communities — operating lease lease income lease payments has grown at a 5.7% compound annual growth rate (CAGR), from $399.69M to $498.7M.
What does same communities — operating lease lease income lease payments mean?
This represents the base rental revenue generated from residential apartment units within the company's stabilized, long-term property portfolio. It reflects the core contractual income collected from tenants for the right to occupy living spaces, excluding ancillary fees or other income streams.

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