UE Urban Edge Properties

Overview and Growth

In fiscal 2025, Urban Edge Properties recorded $471.94M of revenue, net income of $93.53M, and an operating cash inflow of $182.72M. Revenue of $471.94M sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 6.1% above fiscal 2024 revenue of $444.97M, marking a year-over-year increase. The company reported diluted EPS of $0.74, adding a shareholder-level measure to the absolute income figures considered below. Against diluted EPS of $0.60 in fiscal 2024, the current result was 23.3% higher. The diluted weighted-average share count was 125.91M, linking total earnings with the per-share result received by shareholders. The diluted share count was 3.7% higher than fiscal 2024, when diluted shares averaged 121.43M, adding context to the EPS comparison. Total assets stood at $3.31B, showing the scale of resources supporting revenue, earnings, liquidity, and financing. The revenue-to-assets relationship was 0.14x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Net income came to $93.53M, completing the progression from revenue through gross and operating profitability to the final reported result. Net margin was 19.8%, meaning that this portion of revenue remained as net income after all recognized expenses. Before income taxes, the company reported $100.11M of earnings, providing a bridge between the operating result and final net income. The pretax margin was 21.2%, relating income before taxes directly to revenue. The company recognized $2.60M of income tax for the period, completing the transition from pretax income to net income. The income-tax provision equaled 2.6% of pretax income, showing the tax burden absorbed by the year’s earnings. The relationship between net income and period-end equity was 6.8%, indicating the profitability achieved on book capital. Return on period-end assets was 2.8%, connecting net income with the company’s total asset base. The company moved from fiscal 2024 net income of $72.56M to $93.53M, with the current outcome ending above that comparison.

Liquidity and Capital Structure

Total assets were $3.31B, supported by $1.94B of liabilities and $1.38B of shareholder equity. Cash and equivalents totaled $48.88M, identifying the most liquid reported component available within the broader current-asset balance. Equity equaled 41.6% of assets, showing the shareholder-capital layer within the company’s balance sheet. The liabilities-to-assets relationship was 58.4%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 1.5%, comparing reported cash and equivalents with the full positive asset balance. The asset base changed 0.0% from $3.31B in fiscal 2024, leaving current total assets higher year over year. Reported equity changed 1.1% from $1.36B in fiscal 2024, placing the current capital base higher year over year. The reported cash balance changed 18.1% from $41.37M in fiscal 2024, ending higher year over year.

Cash Flow and Earnings Quality

The company reported $182.72M of operating cash flow, a cash inflow that shows the cash generated by operations. The operating-cash-flow-to-net-income relationship was 1.95x, comparing cash generated by operations with the bottom-line earnings result. Operating cash flow of $182.72M finished above fiscal 2024 operating cash flow of $153.18M, showing the year-over-year direction of cash generation.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.