| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $1,241 | $1,291 | $1,517 | $1,628 | $1,672 |
| Gross Profit | $130 | $132 | $225 | $284 | $268 |
| Operating Income | $249 | $268 | $251 | $635 | $285 |
| Net Income | $64 | $150 | $87 | $444 | $90 |

Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $1,241 | $1,291 | $1,517 | $1,628 | $1,672 |
| Gross Profit | $130 | $132 | $225 | $284 | $268 |
| Operating Income | $249 | $268 | $251 | $635 | $285 |
| Net Income | $64 | $150 | $87 | $444 | $90 |
Over the past five years, UDR, Inc. has demonstrated a steady increase in revenue, growing from approximately $1,241 million in 2020 to $1,672 million in 2024, which indicates a moderate long‑term expansion of its topline business. However, the profitability metrics reveal considerable variability. For example, gross profit shows an upward trend through 2023, peaking at nearly $284 million from $130 million in 2020, before a slight decline in 2024. Operating income and net income experienced dramatic swings, with both metrics recording a significant spike in 2023. Operating income surged from about $251 million in 2022 to $635 million in 2023—a year‑over‑year jump exceeding 150%—and net income expanded from $87 million to $444 million during the same period, marking a change well above 20%. Yet in 2024, both operating income and net income declined substantially to approximately $285 million and $90 million, respectively. This pronounced surge in 2023 followed by a steep retraction in 2024 may point to the impact of extraordinary or one‑time events, shifts in operational efficiency, or changes in market conditions, such as fluctuations in rental demands or occupancy rates within the competitive real estate investment trust sector. Despite inconsistent profitability margins, the sustained revenue growth combined with the company's ability to generate substantial operating profitability in select years indicates underlying strength. Overall, while UDR, Inc.’s financial performance shows periods of significant volatility, the revenue trajectory suggests that with tighter margin management and stabilized market conditions, the company could maintain a viable long‑term financial outlook.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.