UDR UDR margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 96

Gross margin

68.1%

Operating margin

52.2%

EBITDA margin

90.8%

Net margin

40.8%

Using the latest TTM figures, UDR shows a gross margin of 68.1%, an operating margin of 52.2%, an EBITDA margin of 90.8%, and a net margin of 40.8%. Margin expansion was strongest in operating margin, which increased by 32.1 percentage points. Gross margin had the strongest contraction, declining by 0.5 percentage points.

UDR margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, UDR recorded average margins of 68.52% gross, 29.75% operating, 70.82% EBITDA, and 18.53% 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.

UDR margin expansion

Year-over-year margin changes in percentage points

The strongest improvement was in operating margin, which increased by 32.1 percentage points, and EBITDA margin also expanded by 30.2 percentage points and net margin also expanded by 32 percentage points, whereas gross margin contracted by 0.5 percentage points.

Gross margin expansion

-0.5pp

Operating margin expansion

32.1pp

EBITDA margin expansion

30.2pp

Net margin expansion

32pp

UDR Gross margin

Across the last 3 years, UDR's gross margin averaged 68.52%. Against its three-year average, UDR's gross margin is currently 68.1%, 0.4 percentage points below its three-year average. Gross margin was highest at 68.9% in Dec 2023 and lowest at 68.1% in Sep 2026.

UDR Operating margin

UDR's operating margin averaged 29.75% across the past 3 years. Against its three-year average, UDR's operating margin is currently 52.2%, 22.5 percentage points above its three-year average. Over the last 3 years, UDR's operating margin peaked at 52.2% in Sep 2026 and reached a low of 17% in Dec 2024.

UDR EBITDA margin

Across the last 3 years, UDR's EBITDA margin came to 70.82%. Right now, UDR's current EBITDA margin is 90.8%, which is 20 percentage points above its three-year average. EBITDA margin was highest at 90.8% in Sep 2026 and lowest at 58.7% in Dec 2024.

UDR Net margin

Over the last 3 years, the average net margin for UDR was 18.53%. The latest net margin for UDR is 40.8%, 22.3 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 40.8% in Sep 2026.

UDR margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 68.1%, UDR stands above the Real Estate sector, the industry and its peers average. Compared to its Real Estate sector average of 60.8%, UDR's gross margin is 12% higher.

UDR margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is UDR's gross margin?

As of Sep 30, 2026, UDR has a gross margin of 68.1%.

What is UDR's operating margin?

As of Sep 30, 2026, UDR has an operating margin of 52.2%.

What is UDR's EBITDA margin?

For the period ending Sep 30, 2026, UDR recorded an EBITDA margin of 90.8%.

What is UDR's net margin?

The current net margin for UDR is 40.8% as of Sep 30, 2026.

What are the average margins of UDR?

Across the last 3 years, UDR averaged 68.5% gross, 29.8% operating, 70.8% EBITDA, and 18.5% net.

What are the highest historical margins of UDR?

Over this 5-year history, UDR peaked at 69.1% gross in Mar 2023, 52.2% operating in Sep 2026, 90.8% EBITDA in Sep 2026, and 40.8% net in Sep 2026.

What are the lowest historical margins of UDR?

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.