FINHUB Insights

UDR · Q1 FY24 · Jan 1 – Mar 31, 2024

UDR Q1 FY24: where the revenue came from and where it went

UDR Q1 FY24: revenue $0.41B (+4% year over year). Net profit $0.04B. Largest cohort Western region $0.12B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2024
Reported
May 1, 2024 10-Q
Sankey diagram of UDR's income statement for Q1 FY24: revenue of $0.41 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$0.41B +4% year over year
Operating profit$0.05B 11% margin
Net profit$0.04B 10% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY24 (period ends Mar 31, 2024).
ItemValueShare of revenueYear over year
Revenue 0.41 100% +4%
Western region 0.12 29%
Northeast region 0.08 20%
Mid-Atlantic region 0.08 19%
communities 0.05 13%
Southwestern region 0.04 9%
Non-Mature communities/Other 0.03 7%
Other 0.01 3%
Property operating−0.0718%+2pp
Property taxes−0.0512%+0pp
D&A−0.1741%−1pp
Interest−0.0512%+1pp
Underwriting−0.012%+1pp
G&A−0.024%+0pp
Operating profit0.0511% margin+3pp
Interest & other costs−<0.01
Net profit0.0410%+3pp
Filing on EDGAR More quarters of UDR

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.