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Urban Edge Properties UE Reportable Segment — Property Net Operating Income

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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$2.71B+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 ue:PropertyNetOperatingIncome.

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
(Amounts in thousands)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Property operating29,32124,466
Lease expense2,0752,098
Total property operating expenses48,46243,404
Property net operating income$72,951$71,425
Reconciliation of Property NOI to income before income taxes
Depreciation and amortization(32,312)(37,195)
Interest and debt expense(18,719)(19,755)
General and administrative expense(9,136)(9,531)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Urban Edge Properties's reportable segment — property net operating income?
Urban Edge Properties (UE) reported reportable segment — property net operating income of $72.95M in Q1 2026.
How has Urban Edge Properties's reportable segment — property net operating income changed year-over-year?
Urban Edge Properties's reportable segment — property net operating income increased by 2.1% year-over-year, from $71.43M to $72.95M.
What does reportable segment — property net operating income mean?
This is a fundamental performance measure for real estate assets, calculated as total property revenues minus property operating expenses. It reflects the core operational profitability of the properties before accounting for corporate-level overhead, interest, or taxes.

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