Latest Ratios: P/E Ratio 31.2x · EV/EBITDA 17.0x · ROE 6.8%. (2012–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.9B | $2.4B | $2.6B | $2.2B | $1.7B | $2.3B | $1.5B | $2.3B | $1.9B | $3.0B | $2.7B |
| Enterprise Value | $4.5B | $4.0B | $4.3B | $3.8B | $3.4B | $3.9B | $2.8B | $3.5B | $3.0B | $4.1B | $3.8B |
| P/E Ratio → | 31.16 | 25.93 | 35.83 | 8.67 | 36.13 | 21.59 | 16.38 | 21.08 | 18.07 | 41.79 | 30.23 |
| P/S Ratio | 6.16 | 5.12 | 5.87 | 5.16 | 4.31 | 5.43 | 4.62 | 5.93 | 4.58 | 7.41 | 8.42 |
| P/B Ratio | 2.11 | 1.76 | 1.92 | 1.76 | 1.66 | 2.20 | 1.53 | 2.27 | 1.88 | 3.05 | 5.53 |
| P/FCF | 15.90 | 13.22 | 17.04 | 13.20 | 72.70 | 57.84 | 18.10 | 35.32 | 103.72 | 44.02 | 40.76 |
| P/OCF | 15.90 | 13.22 | 17.04 | 13.20 | 12.28 | 17.06 | 13.52 | 14.70 | 13.83 | 19.11 | 20.00 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 8.55 | 9.56 | 9.21 | 8.50 | 9.17 | 8.51 | 9.03 | 7.26 | 10.05 | 11.69 |
| EV / EBITDA | 17.03 | 15.19 | 17.23 | 16.42 | 16.41 | 16.19 | 18.92 | 17.67 | 13.58 | 16.73 | 20.06 |
| EV / EBIT | 35.78 | 22.62 | 26.69 | 10.89 | 30.97 | 23.36 | 21.65 | 19.00 | 16.21 | 31.75 | 25.52 |
| EV / FCF | — | 22.07 | 27.78 | 23.55 | 143.50 | 97.70 | 33.33 | 53.74 | 164.45 | 59.69 | 56.59 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 8.6% | 8.6% | -0.7% | 15.7% | 13.2% | 22.4% | 2.5% | 15.7% | 14.9% | 29.7% | 32.8% |
| Operating Margin | 26.8% | 26.8% | 21.7% | 29.9% | 27.1% | 34.9% | 15.9% | 26.8% | 29.4% | 39.9% | 41.1% |
| Net Profit Margin | 19.8% | 19.8% | 16.3% | 59.6% | 11.6% | 24.2% | 28.4% | 28.3% | 25.4% | 16.5% | 27.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.8% | 6.8% | 5.6% | 22.1% | 4.4% | 10.0% | 9.3% | 10.8% | 10.5% | 9.0% | 18.8% |
| ROA | 2.8% | 2.8% | 2.2% | 7.9% | 1.5% | 3.5% | 3.2% | 3.9% | 3.7% | 2.8% | 4.8% |
| ROIC | 3.2% | 3.2% | 2.4% | 3.3% | 3.0% | 4.5% | 1.8% | 3.6% | 4.4% | 6.7% | 6.5% |
| ROCE | 3.9% | 3.9% | 3.1% | 4.2% | 3.7% | 5.1% | 1.9% | 3.7% | 4.4% | 7.0% | 7.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.21 | 1.21 | 1.24 | 1.46 | 1.70 | 1.67 | 1.68 | 1.61 | 1.54 | 1.58 | 2.41 |
| Debt / EBITDA | 6.27 | 6.27 | 6.83 | 7.65 | 8.51 | 7.29 | 11.23 | 8.24 | 7.01 | 6.40 | 6.30 |
| Net Debt / Equity | — | 1.17 | 1.21 | 1.38 | 1.62 | 1.52 | 1.29 | 1.18 | 1.10 | 1.08 | 2.15 |
| Net Debt / EBITDA | 6.09 | 6.09 | 6.66 | 7.22 | 8.09 | 6.61 | 8.64 | 6.06 | 5.02 | 4.39 | 5.61 |
| Debt / FCF | — | 8.85 | 10.73 | 10.35 | 70.80 | 39.86 | 15.23 | 18.42 | 60.73 | 15.67 | 15.83 |
| Interest Coverage | 2.28 | 2.28 | 1.95 | 4.71 | 1.85 | 2.88 | 1.83 | 2.76 | 2.86 | 2.29 | 2.88 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.54 | 2.54 | 1.71 | 1.14 | 4.64 | 11.47 | 4.81 | 12.21 | 13.14 | 8.99 | 7.23 |
| Quick Ratio | 2.54 | 2.54 | 1.62 | 1.14 | 4.64 | 11.47 | 4.74 | 12.08 | 12.52 | 8.94 | 6.55 |
| Cash Ratio | 0.68 | 0.68 | 0.36 | 0.44 | 1.76 | 6.08 | 3.59 | 8.71 | 9.91 | 7.04 | 3.74 |
| Asset Turnover | — | 0.14 | 0.13 | 0.13 | 0.13 | 0.14 | 0.11 | 0.14 | 0.15 | 0.14 | 0.17 |
| Inventory Turnover | — | — | 43.57 | — | — | — | 45.62 | 49.73 | 12.84 | 87.07 | 9.20 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.3% | 4.0% | 3.2% | 3.5% | 4.4% | 5.4% | 1.7% | 4.6% | 5.3% | 3.2% | 3.0% |
| Payout Ratio | 102.1% | 102.1% | 114.3% | 30.3% | 162.7% | 120.8% | 28.5% | 96.9% | 95.3% | 142.2% | 89.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.2% | 3.9% | 2.8% | 11.5% | 2.8% | 4.6% | 6.1% | 4.7% | 5.5% | 2.4% | 3.3% |
| FCF Yield | 6.3% | 7.6% | 5.9% | 7.6% | 1.4% | 1.7% | 5.5% | 2.8% | 1.0% | 2.3% | 2.5% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 3.5% | 0.3% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.3% | 4.0% | 3.2% | 3.5% | 4.4% | 5.4% | 5.3% | 4.9% | 5.3% | 3.2% | 3.0% |
| Shares Outstanding | — | $126M | $121M | $118M | $122M | $121M | $118M | $120M | $114M | $118M | $100M |
Regional economic concentration
Based on reported figures, Urban Edge's P/FFO multiple of 10.54 in 2026Q1 suggests a valuation that remains tightly clustered near its historical range, potentially failing to fully capture the long-term scarcity value of its high-barrier, NYC-centric retail assets compared to broader national retail REIT peers.
The current valuation multiple appears to discount the company's unique geographic concentration, which serves as a structural barrier to entry. Investors should monitor whether this discount persists as the portfolio continues its transition toward higher-productivity, grocer-anchored tenants that typically command premium cap rates.
As reported in financial statements, the NOI margin surged to 65.7% in 2026Q1, a significant departure from the erratic single-digit margins observed in 2024, suggesting that management is successfully optimizing property-level expense recoveries and reducing the impact of non-recoverable costs across the portfolio.
This margin improvement appears to be a critical indicator of operational maturity following the company's post-spin-off restructuring. Analysts should investigate whether this trend is sustainable or if it reflects a temporary reduction in maintenance-related expenditures that could revert in future periods.
According to recent quarterly filings, the FFO payout ratio of 48.1% in 2026Q1 demonstrates a disciplined approach to capital allocation, providing a substantial buffer that allows the company to prioritize internal redevelopment projects over immediate dividend growth for shareholders in the current interest rate environment.
The consistency of this payout ratio suggests that management views internal reinvestment as the primary driver of long-term value creation. This conservative stance appears prudent given the capital-intensive nature of maintaining high-density retail assets in the tri-state area.
Based on the provided data, the debt-to-equity ratio of 1.39 as of 2026Q1 indicates a stable leverage profile that appears well-positioned to navigate regional economic volatility while maintaining sufficient capacity for strategic capital deployment within the company's core NYC-metro footprint.
The current debt structure warrants further investigation regarding the maturity profile and fixed-rate exposure, as interest coverage ratios have shown significant historical variance. Maintaining this leverage level appears essential for preserving the company's financial flexibility in a potentially shifting interest rate environment.
Data from recent quarterly reports indicates that the standard P/E ratio is fundamentally misapplied to Urban Edge, as it fails to account for the significant non-cash depreciation charges that artificially depress GAAP earnings and obscure the company's true cash-generating capacity as a REIT.
Investors should prioritize FFO and AFFO metrics over P/E, as the latter ignores the recurring capital expenditures required to maintain the competitive position of the retail portfolio. Relying on GAAP-based valuation metrics may lead to an inaccurate assessment of the company's underlying profitability and dividend sustainability.
Includes 30+ ratios · 14 years · Updated daily
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Quick answers to the most common questions about buying UE stock.
Urban Edge Properties's current P/E ratio is 31.2x. The historical average is 28.7x. This places it at the 64th percentile of its historical range.
Urban Edge Properties's current EV/EBITDA is 17.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 17.3x.
Urban Edge Properties's return on equity (ROE) is 6.8%. The historical average is 13.4%.
Based on historical data, Urban Edge Properties is trading at a P/E of 31.2x. This is at the 64th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Urban Edge Properties's current dividend yield is 3.29% with a payout ratio of 102.1%.
Urban Edge Properties has 8.6% gross margin and 26.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Urban Edge Properties's Debt/EBITDA ratio is 6.3x, indicating high leverage. A ratio above 4x may signal elevated financial risk.