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Urban Edge Properties UE Write-off of fully depreciated assets

Write-off of fully depreciated assets at other companies

Highwoods Properties logo
Highwoods PropertiesHIW
$12.86M-62.4%
Zillow Group, Inc. logo
Zillow Group, Inc.ZG
$36.25M+70.6%
Vornado Realty logo
Vornado RealtyVNO
$22.85M-1.8%
First Industrial Realty Trust logo
First Industrial Realty TrustFR
$14.3M+25.8%
Ouster logo
OusterOUST
$0-100%
Imax logo
ImaxIMAX
$57K-70.5%

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$2.89B+5.4%
Enterprise value$2.9B+5.2%
P/E26.8×-8.3×
P/S5.9×-0.1×

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 ue:WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment.

The official record: Urban Edge Properties’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Urban Edge Properties's write-off of fully depreciated assets?
Urban Edge Properties (UE) reported write-off of fully depreciated assets of $5.73M in Q1 2026.
How has Urban Edge Properties's write-off of fully depreciated assets changed year-over-year?
Urban Edge Properties's write-off of fully depreciated assets decreased by 73.1% year-over-year, from $21.33M to $5.73M.
What is the long-term trend for Urban Edge Properties's write-off of fully depreciated assets?
Over 4 years (2021 to 2025), Urban Edge Properties's write-off of fully depreciated assets has grown at a 40.2% compound annual growth rate (CAGR), from $10.71M to $41.37M.
What does write-off of fully depreciated assets mean?
Represents the gross carrying amount of real estate assets that have been fully depreciated and are subsequently removed from the balance sheet. This metric helps investors understand the lifecycle of the property portfolio and the impact of asset retirement on financial reporting. It serves as an indicator of portfolio aging and the frequency of asset disposals or replacements.