Urban Edge Properties (UE)
NYSE: UE · Real-Time Price · USD
20.42
-0.41 (-1.97%)
Nov 6, 2026, 4:00 PM EST - Market closed
Urban Edge Properties Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Rental Revenue | 485.57 | 470.69 | 444.47 | 406.11 | 396.38 | 422.47 |
Other Revenue | 0.85 | 1.25 | 0.5 | 10.81 | 1.56 | 2.62 |
| 486.42 | 471.94 | 444.97 | 416.92 | 397.94 | 425.08 | |
Revenue Growth (YoY | 3.77% | 6.06% | 6.73% | 4.77% | -6.39% | 28.78% |
Property Expenses | 171.96 | 166.03 | 160.6 | 146.09 | 148.66 | 145.25 |
Selling, General & Administrative | 37.04 | 39.68 | 37.47 | 37.07 | 43.09 | 39.15 |
Depreciation & Amortization | 132.79 | 139.17 | 150.39 | 108.98 | 98.43 | 92.33 |
Total Operating Expenses | 333.69 | 344.87 | 348.46 | 292.14 | 290.18 | 276.73 |
Operating Income | 152.73 | 127.06 | 96.51 | 124.79 | 107.76 | 148.35 |
Interest Expense | -78.05 | -78.23 | -81.59 | -74.95 | -58.98 | -57.94 |
Interest & Investment Income | 2.21 | 2.77 | 2.67 | 3.04 | 1.11 | 0.36 |
Other Non-Operating Income | - | -0.35 | - | - | - | - |
EBT Excluding Unusual Items | 76.89 | 51.25 | 17.59 | 52.88 | 49.89 | 90.77 |
Gain (Loss) on Sale of Assets | 36.01 | 49.7 | 38.82 | 217.71 | 0.35 | 18.65 |
Asset Writedown | - | - | - | -34.06 | - | -0.47 |
Total Legal Settlements | -0.3 | -0.3 | - | - | - | - |
Other Unusual Items | -1.07 | -0.53 | 21.42 | 41.14 | - | - |
Pretax Income | 111.53 | 100.11 | 77.83 | 277.68 | 50.24 | 108.95 |
Income Tax Expense | 2.74 | 2.6 | 2.39 | 17.8 | 2.9 | 1.14 |
Earnings From Continuing Operations | 108.79 | 97.51 | 75.44 | 259.88 | 47.34 | 107.82 |
Minority Interest in Earnings | -4.36 | -3.98 | -2.88 | -11.38 | -1.17 | -5.13 |
Net Income | 104.43 | 93.54 | 72.56 | 248.5 | 46.17 | 102.69 |
Preferred Dividends & Other Adjustments | 0.06 | 0.06 | 0.07 | 0.2 | 0.02 | 0.05 |
Net Income to Common | 104.38 | 93.48 | 72.5 | 248.3 | 46.15 | 102.64 |
Net Income Growth | -6.10% | 28.94% | -70.80% | 438.06% | -55.04% | 9.74% |
Basic Shares Outstanding | 126 | 126 | 121 | 118 | 117 | 117 |
Diluted Shares Outstanding | 130 | 126 | 121 | 118 | 122 | 121 |
Shares Change | 3.51% | 3.69% | 3.26% | -3.32% | 0.16% | 3.01% |
EPS (Basic) | 0.83 | 0.74 | 0.60 | 2.11 | 0.39 | 0.88 |
EPS (Diluted) | 0.83 | 0.74 | 0.60 | 2.11 | 0.39 | 0.88 |
EPS Growth | -6.69% | 23.84% | -71.71% | 437.80% | -55.13% | 10.26% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Dividend Per Share | 0.820 | 0.760 | 0.680 | 0.640 | 0.640 | 0.600 |
Dividend Growth | 10.81% | 11.77% | 6.25% | 0% | 6.67% | 172.73% |
Operating Margin | 31.40% | 26.92% | 21.69% | 29.93% | 27.08% | 34.90% |
Profit Margin | 21.46% | 19.81% | 16.29% | 59.55% | 11.60% | 24.15% |
EBITDA | 273.09 | 251.45 | 237.33 | 223.02 | 201.89 | 187.31 |
EBITDA Margin | 56.14% | 53.28% | 53.34% | 53.49% | 50.73% | 44.06% |
D&A For Ebitda | 120.36 | 124.39 | 140.82 | 98.23 | 94.13 | 38.96 |
EBIT | 152.73 | 127.06 | 96.51 | 124.79 | 107.76 | 148.35 |
EBIT Margin | 31.40% | 26.92% | 21.69% | 29.93% | 27.08% | 34.90% |
Funds From Operations (FFO) | 204.68 | 186.38 | 186.73 | 184.44 | 145.17 | 180.27 |
FFO Per Share | - | 1.43 | 1.48 | - | - | - |
Adjusted Funds From Operations (AFFO) | 205.44 | 187.14 | 169.72 | 184.44 | 145.17 | 180.27 |
AFFO Per Share | - | 1.43 | 1.35 | - | - | - |
FFO Payout Ratio | 50.48% | 51.26% | 44.40% | 40.77% | 51.73% | 68.78% |
Effective Tax Rate | 2.46% | 2.60% | 3.07% | 6.41% | 5.78% | 1.04% |
Revenue as Reported | 494.52 | 471.94 | 444.97 | 416.92 | 397.94 | 425.08 |