Urban Edge Properties (UE)
NYSE: UE · IEX Real-Time Price · USD
19.74
+0.32 (1.65%)
Jul 26, 2024, 4:00 PM EDT - Market closed
Urban Edge Properties Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Year Ending | TTM | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | 2018 - 2013 |
|---|---|---|---|---|---|---|---|
| Rental Revenue | 416.31 | 406.11 | 396.38 | 422.47 | 328.28 | 384.41 | Upgrade
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| Property Management Fees | - | - | - | - | - | 1.9 | Upgrade
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| Other Revenue | 0.8 | 0.81 | 1.56 | 2.62 | 1.82 | 1.34 | Upgrade
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| Total Revenue | 417.11 | 406.92 | 397.94 | 425.08 | 330.1 | 387.65 | Upgrade
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| Revenue Growth (YoY | 5.02% | 2.26% | -6.39% | 28.78% | -14.85% | -6.40% | Upgrade
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| Property Expenses | 150.47 | 146.09 | 148.66 | 145.25 | 129.84 | 138.71 | Upgrade
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| Selling, General & Administrative | 37.06 | 37.07 | 43.09 | 39.15 | 48.68 | 38.22 | Upgrade
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| Depreciation & Amortization | 122.47 | 108.98 | 98.43 | 92.33 | 96.03 | 94.12 | Upgrade
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| Total Operating Expenses | 309.99 | 292.14 | 290.18 | 276.73 | 274.55 | 271.04 | Upgrade
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| Operating Income | 107.12 | 114.79 | 107.76 | 148.35 | 55.54 | 116.61 | Upgrade
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| Interest Expense | -80.23 | -74.95 | -58.98 | -57.94 | -71.02 | -66.64 | Upgrade
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| Net Interest Expense | -77.02 | -71.91 | -57.87 | -57.58 | -68.42 | -56.87 | Upgrade
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| EBT Excluding Unusual Items | 30.1 | 42.88 | 49.89 | 90.77 | -12.87 | 59.74 | Upgrade
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| Gain (Loss) on Sale of Assets | 219.25 | 217.71 | 0.35 | 18.65 | 39.78 | 70.48 | Upgrade
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| Total Legal Settlements | 10 | 10 | - | - | - | - | Upgrade
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| Other Unusual Items | 40.87 | 41.14 | - | - | 34.91 | - | Upgrade
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| Pretax Income | 300.23 | 277.68 | 50.24 | 108.95 | 58.75 | 117.48 | Upgrade
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| Income Tax Expense | 17.76 | 17.8 | 2.9 | 1.14 | -39 | 1.29 | Upgrade
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| Earnings From Continuing Operations | 282.47 | 259.88 | 47.34 | 107.82 | 97.75 | 116.2 | Upgrade
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| Minority Interest | -12.25 | -11.38 | -1.17 | -5.13 | -4.16 | -6.67 | Upgrade
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| Preferred Dividends & Other Adjustments | 0.22 | 0.2 | 0.02 | 0.05 | 0.06 | 0.09 | Upgrade
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| Net Income to Common Shareholders | 270 | 248.3 | 46.15 | 102.64 | 93.53 | 109.43 | Upgrade
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| Net Income Growth | 1438.30% | 438.22% | -55.04% | 9.72% | -14.55% | 4.16% | Upgrade
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| Basic Shares Outstanding | 118 | 118 | 117 | 117 | 118 | 120 | Upgrade
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| Diluted Shares Outstanding | 119 | 118 | 122 | 121 | 118 | 120 | Upgrade
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| Shares Change (YoY) | -2.23% | -3.32% | 0.16% | 3.01% | -1.66% | 5.12% | Upgrade
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| EPS (Basic) | 2.29 | 2.11 | 0.39 | 0.88 | 0.79 | 0.91 | Upgrade
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| EPS (Diluted) | 2.27 | 2.11 | 0.39 | 0.88 | 0.79 | 0.91 | Upgrade
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| EPS Growth | 1417.09% | 437.80% | -55.13% | 10.26% | -13.02% | -0.79% | Upgrade
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| Dividend Per Share | 0.650 | 0.640 | 0.640 | 0.600 | 0.220 | 0.880 | Upgrade
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| Dividend Growth | 1.56% | 0% | 6.67% | 172.73% | -75.00% | 0% | Upgrade
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| Payout Ratio | 29.57% | 30.26% | 162.66% | 120.75% | 28.47% | 96.93% | Upgrade
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| EBITDA | 221.92 | 215.95 | 201.89 | 187.31 | 142.67 | 197.31 | Upgrade
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| EBITDA Margin | 53.20% | 53.07% | 50.73% | 44.07% | 43.22% | 50.90% | Upgrade
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| D&A For Ebitda | 114.8 | 101.17 | 94.13 | 38.96 | 87.13 | 80.7 | Upgrade
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| EBIT | 107.12 | 114.79 | 107.76 | 148.35 | 55.54 | 116.61 | Upgrade
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| EBIT Margin | 25.68% | 28.21% | 27.08% | 34.90% | 16.83% | 30.08% | Upgrade
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| Funds From Operations (FFO) | 184.89 | 184.44 | 145.17 | - | - | - | Upgrade
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| Adjusted Funds From Operations (AFFO) | - | 184.44 | 145.17 | - | - | - | Upgrade
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| Effective Tax Rate | 5.92% | 6.41% | 5.78% | 1.05% | - | 1.10% | Upgrade
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| Revenue as Reported | 427.11 | 416.92 | 397.94 | 425.08 | 330.1 | 387.65 | Upgrade
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Source: S&P Capital IQ. Real Estate template.