Urban Edge Properties Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	470.69	444.47	406.11	396.38	422.47
Service and Other Revenue	1.25	0.5	10.81	1.56	2.62
Revenue	471.94	444.97	416.92	397.94	425.08
Revenue Growth (YoY)	6.06%	6.73%	4.77%	-6.39%	28.78%
Property Expenses	86.44	78.78	68.56	74.33	68.53
Total Property Expenses	86.44	78.78	68.56	74.33	68.53
Property Taxes	66.43	68.65	64.89	61.86	63.84
Gross Profit	319.07	297.54	283.47	261.74	292.71
Selling, General & Admin	39.98	37.47	37.07	43.09	39.15
Depreciation & Amortization Expenses	139.17	150.39	108.98	98.43	92.33
Other Operating Expenses	13.52	13.17	46.69	12.46	13.34
Operating Income	126.41	96.51	90.73	107.76	147.88
Net Gains on Disposal of Properties	49.7	38.82	217.71	0.35	18.65
Interest Income	2.77	2.67	3.04	1.11	0.36
Interest Expense	-78.23	-81.59	-74.95	-58.98	-57.94
Other Non-Operating Income (Expense)	-0.53	21.42	41.14	-	-
Total Non-Operating Income (Expense)	-26.3	-18.68	186.94	-57.52	-38.93
Pretax Income	100.11	77.83	277.68	50.24	108.95
Provision for Income Taxes	2.6	2.39	17.8	2.9	1.14
Net Income	93.54	72.56	248.5	46.17	102.69
Minority Interest in Earnings	3.98	2.88	11.38	1.17	5.13
Net Income to Common	93.54	72.56	248.5	46.17	102.69
Net Income Growth	28.90%	-70.80%	438.22%	-55.04%	9.72%
Shares Outstanding (Basic)	126	121	118	117	117
Shares Outstanding (Diluted)	126	121	118	122	121
Shares Change (YoY)	3.69%	3.26%	-3.32%	0.16%	3.01%
EPS (Basic)	0.74	0.60	2.11	0.39	0.88
EPS (Diluted)	0.74	0.60	2.11	0.39	0.88
EPS Growth	23.33%	-71.56%	441.03%	-55.68%	11.39%
Free Cash Flow	81.8	42.55	47.29	23.57	39.9
Free Cash Flow Growth	92.24%	-10.03%	100.61%	-40.91%	-52.67%
Free Cash Flow Per Share	0.65	0.35	0.40	0.19	0.33
Dividends Per Share	0.760	0.680	0.640	0.640	0.600
Dividend Growth	11.77%	6.25%	-	6.67%	172.73%
Gross Margin	67.61%	66.87%	67.99%	65.77%	68.86%
Operating Margin	26.79%	21.69%	21.76%	27.08%	34.79%
Profit Margin	20.66%	16.95%	62.33%	11.90%	25.36%
FCF Margin	17.33%	9.56%	11.34%	5.92%	9.39%
EBITDA	265.87	247.47	200.56	208.55	242.02
EBITDA Margin	56.34%	55.61%	48.11%	52.41%	56.93%
EBIT	126.41	96.51	90.73	107.76	147.88
EBIT Margin	26.79%	21.69%	21.76%	27.08%	34.79%
Effective Tax Rate	2.60%	3.07%	6.41%	5.78%	1.05%

Updated Feb 11, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q