Urban Edge Properties (UE)

Urban Edge Properties Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Property Revenue	476.78	470.69	444.47	406.11	396.38	422.47
Service and Other Revenue	9.61	1.25	0.5	10.81	1.56	2.62
Revenue	486.39	471.94	444.97	416.92	397.94	425.08
Revenue Growth (YoY)	7.25%	6.06%	6.73%	4.77%	-6.39%	28.78%
Property Expenses	92.64	86.44	78.78	68.56	74.33	68.53
Total Property Expenses	92.64	86.44	78.78	68.56	74.33	68.53
Property Taxes	66.67	66.43	68.65	64.89	61.86	63.84
Gross Profit	327.08	319.07	297.54	283.47	261.74	292.71
Selling, General & Admin	39.58	39.98	37.47	37.07	43.09	39.15
Depreciation & Amortization Expenses	134.28	139.17	150.39	108.98	98.43	92.33
Other Operating Expenses	11.99	13.52	13.17	46.69	12.46	13.34
Operating Income	141.23	126.41	96.51	90.73	107.76	147.88
Net Gains on Disposal of Properties	49.7	49.7	38.82	217.71	0.35	18.65
Interest Income	2.55	2.77	2.67	3.04	1.11	0.36
Interest Expense	-77.2	-78.23	-81.59	-74.95	-58.98	-57.94
Other Non-Operating Income (Expense)	-1.24	-0.53	21.42	41.14	-	-
Total Non-Operating Income (Expense)	-26.19	-26.3	-18.68	186.94	-57.52	-38.93
Pretax Income	115.04	100.11	77.83	277.68	50.24	108.95
Provision for Income Taxes	2.36	2.6	2.39	17.8	2.9	1.14
Net Income	107.98	93.54	72.56	248.5	46.17	102.69
Minority Interest in Earnings	4.69	3.98	2.88	11.38	1.17	5.13
Net Income to Common	107.98	93.54	72.56	248.5	46.17	102.69
Net Income Growth	38.16%	28.90%	-70.80%	438.22%	-55.04%	9.72%
Shares Outstanding (Basic)	126	126	121	118	117	117
Shares Outstanding (Diluted)	128	126	121	118	122	121
Shares Change (YoY)	3.14%	3.69%	3.26%	-3.32%	0.16%	3.01%
EPS (Basic)	0.86	0.74	0.60	2.11	0.39	0.88
EPS (Diluted)	0.86	0.74	0.60	2.11	0.39	0.88
EPS Growth	34.38%	23.33%	-71.56%	441.03%	-55.68%	11.39%
Shares Outstanding	125.97	125.91	125.45	117.65	117.45	117.15
Free Cash Flow	68.53	81.8	42.55	47.29	23.57	39.9
Free Cash Flow Growth	-16.22%	92.24%	-10.03%	100.61%	-40.91%	-52.67%
Free Cash Flow Per Share	0.53	0.65	0.35	0.40	0.19	0.33
Dividends Per Share	0.780	0.760	0.680	0.640	0.640	0.600
Dividend Growth	2.63%	11.77%	6.25%	-	6.67%	172.73%
Gross Margin	67.25%	67.61%	66.87%	67.99%	65.77%	68.86%
Operating Margin	29.04%	26.79%	21.69%	21.76%	27.08%	34.79%
Profit Margin	23.17%	20.66%	16.95%	62.33%	11.90%	25.36%
FCF Margin	14.09%	17.33%	9.56%	11.34%	5.92%	9.39%
EBITDA	274.42	265.87	247.47	200.56	208.55	242.02
EBITDA Margin	56.42%	56.34%	55.61%	48.11%	52.41%	56.93%
EBIT	141.23	126.41	96.51	90.73	107.76	147.88
EBIT Margin	29.04%	26.79%	21.69%	21.76%	27.08%	34.79%
Effective Tax Rate	2.05%	2.60%	3.07%	6.41%	5.78%	1.05%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q