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Income Statement
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UDR, Inc. (UDR)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
    Total interest income  5.39.15.54.11.81.81.53.4
Net interest income  5.39.15.54.11.81.81.53.4
Equity in earnings  65.618.8137.9-5.131.352.262.3-7.0
Pre-tax income  162.471.5203.4222.2132.4332.0101.61.2
Income taxes  1.42.53.80.7-0.211.6-3.915.1
            Tax rate  0.9%3.6%1.9%0.3% 3.5% 1302.6%
Minority interest  -0.1-0.2-0.2-0.2-0.2-0.40.00.0
Earnings from continuing ops  145.860.0180.9199.2117.9289.0336.7150.6
Earnings from discontinued ops         0.0
Net income  145.860.0180.9199.2117.9289.0336.7150.6
            Net margin  11.3%4.8%15.7%19.0%11.8%30.1%37.6%18.4%
   
Basic EPS  $0.49$0.20$0.63$0.74$0.44$1.09$1.30$0.60
Diluted EPS  $0.48$0.20$0.63$0.74$0.44$1.08$1.28$0.59
   
Shares outstanding (basic)  300.3294.5285.2268.2267.0265.4258.7251.5
Shares outstanding (diluted)  301.7294.9286.0269.5268.8267.3263.8253.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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