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
DateValue
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