Urban Edge Properties income statement
In fiscal 2025, Urban Edge Properties reported revenue of $472m, up 6.1% on the year before and net income of $93.5m, or $0.74 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 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 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 363 | 316 | 323 | 326 | 407 | 414 | 388 | 330 | 425 | 398 | 417 | 445 | 472 | 495 |
| General and administrative | 19 | 18 | 32 | 29 | 31 | 35 | 38 | 49 | 39 | 43 | 37 | 37 | 40 | 37 |
| Operating income | 167 | 122 | 98 | 133 | 162 | 122 | — | — | — | — | — | — | — | — |
| Interest expense | 54 | 53 | 53 | 49 | 53 | 62 | 64 | 68 | 55 | 56 | 71 | 77 | 73 | 73 |
| Provision for credit losses | — | — | — | — | — | 4 | 1 | 28 | — | — | — | — | — | — |
| Income before tax | 111 | 68 | 43 | 97 | 73 | 120 | 117 | 59 | 109 | 50 | 278 | 78 | 100 | 112 |
| Income tax | 2 | 2 | 1 | 1 | −0 | 4 | 1 | −39 | 1 | 3 | 18 | 2 | 3 | 3 |
| Net income | 109 | 66 | 39 | 91 | 67 | 105 | 110 | 94 | 103 | 46 | 248 | 73 | 94 | 104 |
| Diluted EPS | $1.10 | $0.66 | $0.39 | $0.91 | $0.61 | $0.92 | $0.91 | $0.79 | $0.88 | $0.39 | $2.11 | $0.60 | $0.74 | $0.80 |
| Diluted shares (average) | 99m | 99m | 99m | 100m | 118m | 114m | 120m | 118m | 121m | 122m | 118m | 121m | 126m | 130m |
| EBITDA | 223 | 177 | 156 | 190 | 244 | 225 | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 116 | 118 | 114 | 120 | 120 | 133 | 123 | 120 |
| General and administrative | 10 | 10 | 12 | 9 | 10 | 9 | 10 | 9 |
| Interest expense | 18 | 19 | 18 | 18 | 18 | 17 | 18 | 19 |
| Income before tax | 32 | 9 | 61 | 16 | 14 | 24 | 19 | 55 |
| Income tax | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 |
| Net income | 30 | 8 | 58 | 15 | 12 | 23 | 18 | 51 |
| Diluted EPS | $0.25 | $0.07 | $0.46 | $0.12 | $0.10 | $0.18 | $0.14 | $0.41 |
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