UDR, Inc. balance sheet
At the end of fiscal 2025, UDR, Inc. had total assets of $10.61bn, total liabilities of $6.46bn and shareholders' equity of $3.29bn. It held $1.2m in cash against $5.84bn of debt: net debt of $5.83bn.
Balance sheet
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total assets | 5.1 | 5.5 | 6.7 | 6.9 | 6.8 | 6.8 | 7.7 | 7.7 | 7.7 | 7.7 | 9.6 | 9.6 | 10.8 | 11.0 | 11.4 | 10.9 | 10.6 | 10.3 |
| Long-term debt | — | — | 3.9 | 3.4 | 3.5 | 3.6 | 3.6 | 3.4 | 3.7 | 3.5 | 4.7 | 5.0 | 5.4 | 5.5 | 5.8 | 5.8 | 5.8 | 5.8 |
| Total debt | 3.4 | 3.4 | 3.9 | 3.4 | 3.5 | 3.6 | 3.6 | 3.4 | 3.7 | 3.6 | 4.7 | 5.0 | 5.4 | 5.5 | 5.8 | 5.8 | 5.8 | 5.8 |
| Total liabilities | 3.6 | 3.8 | 4.2 | 3.6 | 3.8 | 3.8 | 3.8 | 3.7 | 3.9 | 3.8 | 5.2 | 5.5 | 6.0 | 6.1 | 6.4 | 6.4 | 6.5 | 6.4 |
| Shareholders' equity | 1.4 | 1.6 | 2.3 | 3.0 | 2.8 | 2.7 | 2.9 | 3.1 | 2.8 | 2.9 | 3.4 | 3.2 | 3.4 | 4.1 | 4.0 | 3.4 | 3.3 | 2.9 |
| Non-controlling interests and other (assets − liabilities − equity) | — | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.9 | 0.9 | 1.0 | 1.0 | 1.0 | 0.9 | 1.3 | 0.8 | 1.0 | 1.0 | 0.9 | 0.9 |
| Net debt (negative = net cash) | 3.4 | 3.4 | 3.9 | 3.4 | 3.5 | 3.6 | 3.6 | 3.4 | 3.7 | 3.4 | 4.7 | 5.0 | 5.4 | 5.5 | 5.8 | 5.8 | 5.8 | 5.8 |
| Shares outstanding | 155m | 182m | 220m | 250m | 251m | 255m | 262m | 267m | 268m | 276m | 295m | 297m | 318m | 329m | 329m | 331m | 328m | 321m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 11.1 | 10.9 | 10.7 | 10.6 | 10.6 | 10.6 | 10.3 | 10.3 |
| Long-term debt | 5.9 | 5.8 | 5.8 | 5.8 | 5.8 | 5.8 | 5.7 | 5.8 |
| Total debt | 5.9 | 5.8 | 5.8 | 5.8 | 5.8 | 5.8 | 5.7 | 5.8 |
| Total liabilities | 6.5 | 6.4 | 6.4 | 6.4 | 6.5 | 6.5 | 6.2 | 6.4 |
| Shareholders' equity | 3.5 | 3.4 | 3.3 | 3.3 | 3.3 | 3.3 | 3.3 | 2.9 |
| Non-controlling interests and other (assets − liabilities − equity) | 1.1 | 1.0 | 1.1 | 1.0 | 0.9 | 0.9 | 0.8 | 0.9 |
| Shares outstanding | 330m | 331m | 331m | 331m | 331m | 328m | 326m | 321m |
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