Udr (UDR) Operating Expenses (2009 - 2026)
Udr's (UDR) quarterly Operating Expenses came in at $353.5 million in Q1 2026, up 1.66% year-on-year from $347.7 million in Q1 2025, and up 0.87% on a QoQ basis from $350.4 million in Q4 2025.
Udr (UDR) Operating Expenses (2009 - 2026) Analysis & Trends
Udr (UDR) has 18 years of Operating Expenses data on file, last reported at $353.5 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 1.66% year-over-year to $353.5 million in Q1 2026; TTM through Mar 2026 was $1.4 billion, a 0.45% change from a year earlier, with the FY2025 full-year figure at $1.4 billion, changed 0.18% from the prior year.
- Operating Expenses for Q1 2026 stood at $353.5 million, up from $350.4 million in the prior quarter.
- Over the last five years, Operating Expenses for UDR reached as high as $356.4 million in Q4 2024 and fell as low as $309.4 million in Q1 2022.
- Historically, Operating Expenses has averaged $340.9 million across 5 years, with a median of $346.7 million in 2024.
- Across the five-year window, Operating Expenses gained 15.56% in 2022 and decreased 1.69% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $335.9 million in 2022, then gained by 2.52% to $344.3 million in 2023, then grew by 3.52% to $356.4 million in 2024, then dropped by 1.69% to $350.4 million in 2025, then rose by 0.87% to $353.5 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $353.5 million in Q1 2026, $350.4 million in Q4 2025, and $355.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | 623.23 Mn |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | -1.66 Bn |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | 654.71 Mn |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 205.74 Mn |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | 484.40 Mn |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | 353.46 Mn |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | 285.25 Mn |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | 401.95 Mn |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | 140.07 Mn |
| 10 | Millrose Properties | 4.76 Bn | 4.76 Bn | - | 28.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 353.46 Mn |
| Dec 31, 2025 | 350.41 Mn |
| Sep 30, 2025 | 355.51 Mn |
| Jun 30, 2025 | 348.01 Mn |
| Mar 31, 2025 | 347.69 Mn |
| Dec 31, 2024 | 356.44 Mn |
| Sep 30, 2024 | 350.30 Mn |
| Jun 30, 2024 | 346.65 Mn |
| Mar 31, 2024 | 350.74 Mn |
| Dec 31, 2023 | 344.33 Mn |
| Sep 30, 2023 | 332.06 Mn |
| Jun 30, 2023 | 333.93 Mn |
| Mar 31, 2023 | 333.37 Mn |
| Dec 31, 2022 | 335.88 Mn |
| Sep 30, 2022 | 328.38 Mn |
| Jun 30, 2022 | 318.43 Mn |
| Mar 31, 2022 | 309.38 Mn |
| Dec 31, 2021 | 309.49 Mn |
| Sep 30, 2021 | 296.60 Mn |
| Jun 30, 2021 | 275.56 Mn |