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Urban Edge Properties UE Reportable Segment — Real estate taxes

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$1.07M+2.2%

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
(Amounts in thousands)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Tenant expense reimbursements40,49734,735
Total property revenues121,413114,829
EXPENSES
Real estate taxes17,06616,840
Property operating29,32124,466
Lease expense2,0752,098
Total property operating expenses48,46243,404
Property net operating income$72,951$71,425

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Urban Edge Properties's reportable segment — real estate taxes?
Urban Edge Properties (UE) reported reportable segment — real estate taxes of $17.07M in Q1 2026.
How has Urban Edge Properties's reportable segment — real estate taxes changed year-over-year?
Urban Edge Properties's reportable segment — real estate taxes increased by 1.3% year-over-year, from $16.84M to $17.07M.
What does reportable segment — real estate taxes mean?
This represents the total property tax obligations incurred for the real estate assets within a specific reportable segment. Monitoring this expense is critical for assessing the impact of local tax jurisdictions on property-level margins and overall portfolio cost structures.

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