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Urban Edge Properties UE Construction in progress

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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$2.73B+11.7%
Enterprise value$2.74B+11.7%
P/E25.3×+2.1×
P/S5.6×+0.3×

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:DevelopmentInProcess.

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 itemMarch 31, 2026December 31, 2025
Real estate, at cost:
Land$676,038$669,078
Buildings and improvements2,878,7592,835,540
Construction in progress358,886327,413
Furniture, fixtures and equipment13,48513,059
Total3,927,1683,845,090
Accumulated depreciation and amortization(956,464)(935,548)
Real estate, net2,970,7042,909,542

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Urban Edge Properties's construction in progress?
Urban Edge Properties (UE) reported construction in progress of $358.89M in Q1 2026.
How has Urban Edge Properties's construction in progress changed year-over-year?
Urban Edge Properties's construction in progress increased by 24.3% year-over-year, from $288.77M to $358.89M.
What is the long-term trend for Urban Edge Properties's construction in progress?
Over 5 years (2020 to 2025), Urban Edge Properties's construction in progress has grown at a 48.9% compound annual growth rate (CAGR), from $44.69M to $327.41M.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.

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