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UDR, INC.

LISTEDNYSE

SYMBOLUDR

SIC6798

STATE OF INC.MD

FISCAL YEAR ENDSDecember 31

CIK74208

REAL ESTATE INVESTMENT TRUSTS · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)	Amount	%
Total debt	5,821	63.9
Stockholders' equity	3,288	36.1
Total capitalization	9,110	100.0

324,915,653 shares outstanding at 27 April 2026 (cover page of the 10-Q filed 30 April 2026).

LONG-TERM DEBT 12/31/25

($ millions)	Amount
Long-term debt, incl. current maturities	5,821

CAPITAL STOCK 12/31/25

Common shares authorized	450,000,000
Common shares issued	328,273,044
Par or stated value per share ($)	0.01
Outstanding at 4/27/26	324,915,653

DIVIDENDS DECLARED/PAID

Fiscal year	Per share $	Payout %
2025	1.72	152.2
2024	1.70	653.8
2023	1.68	125.4
2022	1.52	584.6
2021	1.45	302.1

HISTORY AND BUSINESS

HISTORY: Incorporated in Maryland. Formerly known as UNITED DOMINION REALTY TRUST INC (to 14 March 2007).

BUSINESS: Classified by the SEC under Standard Industrial Classification 6798, Real Estate Investment Trusts. Large accelerated filer. Principal executive office: 1745 Shea Center Drive, Suite 200, Highlands Ranch, CO 80129. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)	12/31/25	12/31/24	12/31/23
Total revenues	11	8	7
Rental revenue	1,701	1,664	1,621
Depreciation and amortization	680	695	692
Operating income	554	285	635
Interest expense	197	196	181
Net income	378	90	444
Earned per share, diluted ($)	1.13	0.26	1.34
Dividends per share ($)	1.72	1.70	1.68

CONSOLIDATED BALANCE SHEET

($ millions)	12/31/25	12/31/24
Real estate, net	9,113	9,312
Cash and equivalents	1	1
Total assets	10,606	10,898
Debt	5,821	5,827
Total liabilities	6,457	6,437
Stockholders' equity	3,288	3,443

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year ended	Revenues	Oper. income	Net income	Net margin %	EPS diluted $	Div. per share $	Oper. cash flow	Capital expend.	Free cash flow	Total assets	Total liabilities	Total debt	Stockholders' equity	ROE %	Debt / equity
12/31/25	1,712	554	378	22.1	1.13	1.72	903	253	650	10,606	6,457	5,821	3,288	11.5	1.77
12/31/24	1,672	285	90	5.4	0.26	1.70	877	250	627	10,898	6,437	5,827	3,443	2.6	1.69
12/31/23	1,628	635	444	27.3	1.34	1.68	833	295	537	11,373	6,421	5,799	3,991	11.1	1.45
12/31/22	1,517	251	87	5.7	0.26	1.52	820	215	605	11,038	6,100	5,487	4,098	2.1	1.34
12/31/21	1,291	268	150	11.6	0.48	1.45	664	156	508	10,775	6,001	5,413	3,443	4.4	1.57
12/31/20	1,241	249	64	5.2	0.20	1.44	604	163	441	9,638	5,523	4,977	3,234	2.0	1.54
12/31/19	1,152	221	185	16.1	0.63	1.37	631	167	464	9,636	5,228	4,708	3,359	5.5	1.40
12/31/18	1,047	355	203	19.4	0.74	1.29	561	5	556	7,712	3,816	3,548	2,906	7.0	1.22
12/31/17	996	228	122	12.2	0.44	1.24	519	1	518	7,733	3,950	3,672	2,826	4.3	1.30
12/31/16	960	401	293	30.5	1.08	1.18	537	4	532	7,680	3,673	3,401	3,093	9.5	1.10

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

UDR, Inc.
CIK 74208 · EIN 54-0857512

PRINCIPAL OFFICE:

1745 Shea Center Drive, Suite 200, Highlands Ranch, CO 80129
Tel.: 720-283-6120

INCORPORATED:

Maryland

INDUSTRY (SEC SIC CODE):

6798 · Real Estate Investment Trusts

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 17 February 2026

FORMER NAMES:

UNITED DOMINION REALTY TRUST INC

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

9/9/26	8-K	period 9/9/26
7/28/26	10-Q	period 6/30/26
7/27/26	8-K	period 7/27/26
5/29/26	8-K	period 5/29/26
5/27/26	8-K	period 5/21/26
5/4/26	8-K	period 5/4/26
4/30/26	10-Q	period 3/31/26
4/29/26	8-K	period 4/29/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/17/26) · 10-K FY2024 (filed 2/18/25) · 10-K FY2023 (filed 2/20/24) · 10-K FY2022 (filed 2/13/23) · 10-K FY2021 (filed 2/15/22) · 10-K FY2020 (filed 2/18/21) · 10-K FY2019 (filed 2/18/20) · 10-K FY2018 (filed 2/19/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.