Using the latest TTM figures, UDR shows a gross margin of 68.2%, an operating margin of 40.8%, an EBITDA margin of 80.9%, and a net margin of 30.4%. Margin expansion was strongest in net margin, which increased by 22.6 percentage points. Gross margin had the strongest contraction, declining by 0.4 percentage points.
Over the last 3 years, UDR recorded average margins of 68.55% gross, 27.71% operating, 69% EBITDA, and 16.5% net. UDR's current performance shows that operating, EBITDA, and net margins are above their three-year averages and gross margin is below its three-year average.
The strongest improvement was in net margin, which increased by 22.6 percentage points, and operating margin also expanded by 20.9 percentage points and EBITDA margin also expanded by 20.9 percentage points, whereas gross margin contracted by 0.4 percentage points.
Across the last 3 years, UDR's gross margin averaged 68.55%. Against its three-year average, UDR's gross margin is currently 68.2%, 0.4 percentage points below its three-year average. Gross margin was highest at 68.9% in Dec 2023 and lowest at 68.2% in Jun 2026.
UDR's operating margin averaged 27.71% across the past 3 years. Against its three-year average, UDR's operating margin is currently 40.8%, 13.1 percentage points above its three-year average. Over the last 3 years, UDR's operating margin peaked at 40.8% in Jun 2026 and reached a low of 17% in Dec 2024.
Across the last 3 years, UDR's EBITDA margin came to 69%. Right now, UDR's current EBITDA margin is 80.9%, which is 11.9 percentage points above its three-year average. EBITDA margin was highest at 81.4% in Mar 2024 and lowest at 58.7% in Dec 2024.
Over the last 3 years, the average net margin for UDR was 16.5%. The latest net margin for UDR is 30.4%, 13.9 percentage points above its three-year average. UDR's net margin ranged from a low of 5.4% in Dec 2024 to a high of 30.4% in Jun 2026.
With a gross margin of 68.2%, UDR stands above the Real Estate sector, the industry and its peers average. Compared to its Real Estate sector average of 63%, UDR's gross margin is 8% higher.
As of Jun 30, 2026, UDR has a gross margin of 68.2%.
As of Jun 30, 2026, UDR has an operating margin of 40.8%.
For the period ending Jun 30, 2026, UDR recorded an EBITDA margin of 80.9%.
The current net margin for UDR is 30.4% as of Jun 30, 2026.
Across the last 3 years, UDR averaged 68.6% gross, 27.7% operating, 69.0% EBITDA, and 16.5% net.
Over this 5-year history, UDR peaked at 69.1% gross in Mar 2023, 40.8% operating in Jun 2026, 82% EBITDA in Sep 2023, and 30.4% net in Jun 2026.
Over this 5-year history, UDR's margins fell as low as 67.7% gross in Dec 2021, 16.5% operating in Dec 2022, 58.7% EBITDA in Dec 2024, and 5.4% net in Dec 2024.