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Segments

By segment

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Reportable Segment$17.07M+1.3%

Other financials

Income statement

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Revenue$132.6M+12.2%
Net income$22.6M+176%
EPS (diluted)$0.18+157%

Balance sheet

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Cash & equivalents$50.0M+4.1%
Total debt$57.8M-5.3%
Total assets$3.4B+2.3%

Cash flow

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Operating cash flow$39.1M+20.1%
CapEx$40.5M+95.6%
Free cash flow-$1.4M-112%

Valuation

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Market cap$2.71B+8.7%
Enterprise value$2.72B+8.7%
P/E25.1×+1.4×
P/S5.6×+0.2×

Profitability

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Operating margin29.4%
Net margin22.2%+5.0pp
FCF margin14.1%+2.7pp

Returns & leverage

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Return on equity8.2%
Debt / equity1.6×

Where this comes from

Reported directly by Urban Edge Properties in its filing.

Tagged under the XBRL concept us-gaap:RealEstateTaxExpense.

The source filing: Urban Edge Properties’s 10-Q, filed April 29, 2026.

Filed
Apr 29, 2026, 7:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001611547-26-000039
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Total revenue132,624118,165
EXPENSES
Depreciation and amortization32,31237,195
Real estate taxes16,60216,358
Property operating28,93824,059
General and administrative9,1369,531
Lease expense3,1733,371
Total expenses90,16190,514

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Urban Edge Properties's property taxes?
Urban Edge Properties (UE) reported property taxes of $16.6M in Q1 2026.
How has Urban Edge Properties's property taxes changed year-over-year?
Urban Edge Properties's property taxes increased by 1.5% year-over-year, from $16.36M to $16.6M.
What is the long-term trend for Urban Edge Properties's property taxes?
Over 4 years (2021 to 2025), Urban Edge Properties's property taxes has grown at a 1.0% compound annual growth rate (CAGR), from $63.84M to $66.43M.
What does property taxes mean?
Represents the mandatory property-related taxes paid to local and state governments for the ownership of real estate assets. This expense is a critical component of property operating costs and reflects the tax burden associated with the company's retail portfolio footprint.

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