URBAN EDGE PROPERTIES
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $471.9M | $445.0M | $416.9M | $397.9M | $425.1M | $330.1M | $387.6M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $40.0M | $37.5M | $37.1M | $43.1M | $39.2M | $48.7M | $38.2M |
| Operating Income | — | $173.4M | $155.1M | $348.5M | $105.8M | $163.9M | $126.9M | $181.3M |
| Operating Margin | — | 36.7% | 34.9% | 83.6% | 26.6% | 38.6% | 38.5% | 46.8% |
| Interest Expense | — | $73.3M | $77.3M | $70.8M | $55.6M | $54.9M | $68.2M | $63.8M |
| Pretax Income | — | $100.1M | $77.8M | $277.7M | $50.2M | $109.0M | $58.8M | $117.5M |
| Income Tax Expense | — | $2.6M | $2.4M | $17.8M | $2.9M | $1.1M | $-39.0M | $1.3M |
| Net Income | — | $93.5M | $72.6M | $248.5M | $46.2M | $102.7M | $93.6M | $109.5M |
| Net Margin | — | 19.8% | 16.3% | 59.6% | 11.6% | 24.2% | 28.4% | 28.3% |
| EPS (Basic) | — | $0.74 | $0.60 | $2.11 | $0.39 | $0.88 | $0.79 | $0.91 |
| EPS (Diluted) | — | $0.74 | $0.60 | $2.11 | $0.39 | $0.88 | $0.79 | $0.91 |
| Shares Outstanding (Basic) | 126.0M | 125.7M | 121.3M | 117.5M | 117.4M | 117.0M | 117.7M | 119.8M |
| Shares Outstanding (Diluted) | 126.0M | 125.9M | 121.4M | 117.6M | 121.6M | 121.4M | 117.9M | 119.9M |
| Dividends Per Share | — | $0.76 | $0.68 | $0.64 | $0.64 | $0.60 | $0.68 | $0.88 |