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UDR UDR Same Communities — Utilities Expense

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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$12.38B-2.6%
Enterprise value$12.55B-2.5%
P/E23.7×-69.0×
P/S7.2×-0.3×

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 udr:UtilitiesExpense.

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
Total reportable apartment home segment direct property rental expenses
Same-Store Communities
Personnel$18,715$18,103$38,184$36,802
Utilities18,15517,26138,23635,813
Repair and maintenance25,13824,95050,57048,806
Administrative and marketing9,8929,63819,63118,928
Real estate taxes49,14947,82599,71397,446
Insurance5,0245,06610,1329,999

Item 1. Consolidated Financial Statements

FAQ

What is UDR's same communities — utilities expense?
UDR (UDR) reported same communities — utilities expense of $18.16M in Q2 2026.
How has UDR's same communities — utilities expense changed year-over-year?
UDR's same communities — utilities expense increased by 1.6% year-over-year, from $17.87M to $18.16M.
What is the long-term trend for UDR's same communities — utilities expense?
Over 3 years (2022 to 2025), UDR's same communities — utilities expense has grown at a 7.8% compound annual growth rate (CAGR), from $58.77M to $73.6M.
What does same communities — utilities expense mean?
This reflects the costs incurred for water, sewer, gas, electricity, and other utility services provided to the stabilized apartment communities. It includes both common area usage and any utility costs not directly billed to or reimbursed by tenants.

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