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Held by 507 of 5,944 reporting institutions (97th percentile) — extremely crowded.
Data as of Q1 2026
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Ranked against 190 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WELL | $165.2B | 170.7× | — | 15.3× | 35.6% | 40.1% | 8.6% | 2.2% | 1.5% | — | 1,425 |
| EQIX | $103.7B | 76.8× | 26.2× | 11.3× | 5.4% | 51.1% | 14.6% | 9.5% | 9.5% | — | 1,229 |
| AMT | $78.4B | 31.1× | 12.9× | 7.4× | 5.1% | — | 24.7% | 72.0% | 72.0% | — | 1,662 |
| O | $58.6B | 53.6× | — | 10.2× | 9.1% | — | 18.4% | 2.7% | 2.7% | — | 1,389 |
| XHG | $47.8B | — | — | 932.4× | -82.2% | 2.2% | -205% | 11.9% | 12.4% | — | 1 |
| PLDGP | $47.6B | 14.4× | — | 5.4× | 7.2% | — | 37.9% | 6.3% | 3.8% | — | 9 |
| CBRE | $44.7B | 39.3× | — | 1.1× | 13.4% | 18.7% | 2.9% | 13.0% | 7.1% | — | 1,020 |
| VTR | $43.9B | 171.3× | — | 7.5× | 18.5% | — | 4.5% | 2.1% | 1.0% | — | 891 |
| IRM | $37.6B | 259.4× | 24.5× | 5.5× | 12.2% | — | 2.2% | -15.5% | 1.0% | 7.4× | 1,043 |
| EXR | $31.7B | 32.7× | 14.8× | 9.4× | 3.7% | 72.8% | 28.8% | 7.3% | 7.3% | — | 722 |
| VICI | $28.2B | 10.1× | — | 7.0× | 4.1% | 99.3% | 69.3% | 10.0% | 6.2% | — | 898 |
| AVB | $26.6B | 25.6× | 12.2× | 8.7× | 4.4% | — | 34.7% | 9.1% | 5.0% | 3.2× | 715 |
| EQR | $25.6B | 23.0× | — | — | — | — | — | 10.1% | 5.8% | — | 681 |
| SBAC | $18.9B | 18.2× | 20.0× | 6.7× | 5.1% | 75.5% | 37.4% | -21.7% | 17.2% | 7.4× | 636 |
| BEKE | $18.7B | 140.8× | 40.7× | 1.4× | -85.5% | 21.4% | 3.2% | 4.5% | 4.4% | 0.4× | 197 |
| INVH | $18.6B | 31.8× | — | 6.8× | 4.2% | — | 21.5% | 6.2% | 3.3% | — | 560 |
| WY | $18.6B | 57.4× | 18.7× | 2.7× | -3.1% | 14.8% | 4.7% | 3.4% | 2.2% | 4.1× | 868 |
| ESS | $18.6B | 27.7× | 12.3× | 9.8× | 6.4% | 69.9% | 37.2% | 12.7% | 12.7% | — | 582 |
| JLL | $17.5B | 22.8× | 13.8× | 0.7× | 11.4% | — | 3.0% | 10.6% | 9.3% | 0.8× | 615 |
| HST | $17.3B | 22.9× | — | 2.8× | 7.6% | — | 12.5% | 11.7% | 9.8% | — | 656 |
| LAMR | $16.1B | 27.4× | — | 7.1× | 2.7% | 67.0% | 25.9% | 57.3% | 14.0% | — | 655 |
| WPC | $15.8B | — | — | 9.2× | 8.4% | — | 27.2% | 5.7% | 2.8% | — | 834 |
| DOC | $15.1B | 217.9× | — | 5.4× | 4.5% | — | 2.5% | 1.0% | 0.4% | — | 724 |
| SUI | $14.9B | 11.2× | — | 6.5× | 2.0% | — | 61.3% | 20.3% | 20.3% | — | 487 |
| OHI | $14.4B | 25.1× | — | 12.1× | 13.2% | — | 0.1% | 0.0% | 0.0% | — | 718 |
| UDR | $12.6B | 34.1× | 15.0× | 7.4× | 2.4% | — | 22.1% | 11.5% | 4.1% | 4.7× | 507 |
Peers = companies sharing UDR's sector (Real Estate) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $38.52 today, the market must believe free cash flow compounds 8.9%/yr for a decade (off $843M normalized FCF).
The market's 8.9% is more optimistic than its 9-yr track record.
2-stage DCF · 0.33B shares · net debt $5.8B
mean 7.0% · volatility σ 9% · implied rate exceeded in 3/9 yrs
Central path = implied 8.9%/yr growth; shaded band = ±1σ (9%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
6/7 of the 9 checks — 2 couldn't be scored (see above), so the score is out of the 7 with data.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
The dividend is comfortably covered — only 65% of free cash flow, leaving room to grow it and fund buybacks. Last year: $568M dividends + $118M buybacks = $686M returned on $874M FCF.
4 consecutive years of dividend increases · 5%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A cash-return story — far more went to shareholders than back into the business (mature, low-reinvestment).
Insufficient data. Current ROIC on all capital: 4%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $1M is below the $188M due within a year — relies on refinancing or operating cash flow. Scheduled principal only (excludes interest & revolver draws). As of 2015-09-30 (10-Q).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable. Effective rate ~3.4% on $5.8B of debt.
Cash vs short-term debt unavailable.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-08-05 · 16d old
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.71B 100.0% | $1.67B 100.0% | $1.63B 100.0% | $1.52B 100.0% | $1.29B 100.0% | $1.24B 100.0% | $1.15B 100.0% | $1.05B 100.0% | $995.8M 100.0% | $959.9M 100.0% |
| Selling, General & Admin | $85.1M 5.0% | $84.3M 5.0% | $69.9M 4.3% | $64.1M 4.2% | $57.5M 4.5% | $49.9M 4.0% | $51.5M 4.5% | $47.0M 4.5% | $48.6M 4.9% | $49.8M 5.2% |
| Total Operating Expenses | $1.40B 81.9% | $1.40B 84.0% | $1.34B 82.6% | $1.29B 85.2% | $1.16B 89.8% | $1.11B 89.5% | $936.4M 81.3% | $828.3M 79.1% | $811.3M 81.5% | $785.2M 81.8% |
| Operating Income | $553.6M 32.3% | $284.6M 17.0% | $635.0M 39.0% | $250.8M 16.5% | $268.0M 20.8% | $249.1M 20.1% | $221.1M 19.2% | $354.7M 33.9% | $227.9M 22.9% | $400.8M 41.8% |
| Interest Expense | $196.6M 11.5% | $195.7M 11.7% | $180.9M 11.1% | $155.9M 10.3% | $186.3M 14.4% | $202.7M 16.3% | $170.9M 14.8% | $134.2M 12.8% | $128.7M 12.9% | $123.0M 12.8% |
| Other Income (Expense), net | $19.2M 1.1% | -$12.3M -0.7% | $17.8M 1.1% | -$6.9M -0.5% | $15.1M 1.2% | $6.3M 0.5% | $15.4M 1.3% | $6.7M 0.6% | $2.0M 0.2% | $1.9M 0.2% |
| Pretax Income | $404.6M 23.6% | $96.8M 5.8% | $476.6M 29.3% | $92.9M 6.1% | $162.4M 12.6% | $71.5M 5.8% | $203.4M 17.7% | $222.2M 21.2% | $132.4M 13.3% | $332.0M 34.6% |
| Income Tax Expense | $835K 0.0% | $879K 0.1% | $2.1M 0.1% | $349K 0.0% | $1.4M 0.1% | $2.5M 0.2% | $3.8M 0.3% | $688K 0.1% | -$240K -0.0% | $11.6M 1.2% |
| Net Income | $377.7M 22.1% | $89.6M 5.4% | $444.4M 27.3% | $86.9M 5.7% | $150.0M 11.6% | $64.3M 5.2% | $185.0M 16.1% | $203.1M 19.4% | $121.6M 12.2% | $292.7M 30.5% |
| Per Share | ||||||||||
| EPS (Basic) | $1.13 | $0.26 | $1.34 | $0.26 | $0.49 | $0.20 | $0.63 | $0.74 | $0.44 | $1.09 |
| EPS (Diluted) | $1.13 | $0.26 | $1.34 | $0.26 | $0.48 | $0.20 | $0.63 | $0.74 | $0.44 | $1.08 |
| Weighted Avg Shares (Basic) | 330.3M | 329.3M | 328.8M | 321.7M | 300.3M | 294.5M | 285.2M | 268.2M | 267.0M | 265.4M |
| Weighted Avg Shares (Diluted) | 331.1M | 330.1M | 329.1M | 322.7M | 301.7M | 294.9M | 286.0M | 269.5M | 268.8M | 267.3M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-08-05
Where each multiple sits in its own 14-yr range · 50th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 39.1× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| SG&A | 4.5 | 4.5 | 4.0 | 4.5 | 4.2 | 4.3 | 5.0 | 5.0 |
| Operating Income | 33.9 | 19.2 | 20.1 | 20.8 | 16.5 | 39.0 | 17.0 | 32.3 |
| Income Tax | 0.1 | 0.3 | 0.2 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 |
| Net Income | 19.4 | 16.1 | 5.2 | 11.6 | 5.7 | 27.3 | 5.4 | 22.1 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on UDR: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.