First Industrial Realty Trust, Inc. (FR) vs UDR, Inc. (UDR)

FR leads on 8 of 15 compared metrics.

A side-by-side comparison of First Industrial Realty Trust, Inc. and UDR, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — FR vs UDR

growth of $100 · last 30y
FR +158.8%UDR +156.7%FR compounded faster
0100200300400Start $100200120062011201620212026$259$257
FR UDR

FR vs UDR: by the numbers

  • UDR is the larger company ($12.20B vs $8.19B market cap).
  • FR trades at the lower earnings multiple (23.95 vs 25.73 P/E).
  • FR converts more revenue to profit (45.99% vs 28.60% net margin).
  • FR grew revenue faster over the past five years (10.42% vs 7.05% CAGR).
  • UDR pays the higher dividend yield (4.59% vs 2.97%).

Which is better, FR or UDR?

Metric tally: FR 8 · UDR 7

It depends on what you're optimizing for:

ValueFR(lower P/E)
GrowthFR(faster 5Y revenue CAGR)
IncomeUDR(higher dividend yield)
QualityUDR(higher ROIC)

Metrics side by side

Valuation

MetricFRUDR
P/E ratio23.9525.73
Forward P/E32.6571.02
P/S ratio11.007.23
P/B ratio2.973.78
PEG ratio5.840.10
EV / EBITDA16.3614.05

Profitability

MetricFRUDR
Gross margin47.03%46.00%
Operating margin38.28%27.36%
Net margin45.99%28.60%
ROE12.41%14.94%
ROIC5.34%29.38%

Dividends

MetricFRUDR
Dividend yield2.97%4.59%
Payout ratio98.13%152.65%

Growth (annualized)

MetricFRUDR
Revenue CAGR (5Y)10.42%7.05%
EPS CAGR (5Y)4.10%41.39%
Total return CAGR (5Y)6.32%-1.06%

Frequently asked

Which is better, FR or UDR?
It depends on your goal. value: FR (lower P/E); growth: FR (faster 5Y revenue CAGR); income: UDR (higher dividend yield); quality: UDR (higher ROIC). Across all compared metrics, FR leads 8 to 7.
Is FR or UDR cheaper?
On trailing earnings, FR is cheaper: FR trades at a 23.95 P/E and UDR at 25.73.
Which has grown faster, FR or UDR?
Over the past five years, FR grew revenue faster — FR at a 10.42% CAGR versus UDR at 7.05%.
Does FR or UDR pay a bigger dividend?
FR yields 2.97% and UDR yields 4.59% based on trailing dividends and the latest price.
Is FR or UDR more profitable?
FR runs the higher net margin — FR at 45.99% versus UDR at 28.60%.
Which has been the better investment, FR or UDR?
Over the past 10-year, FR delivered the higher annualized total return — FR at 11.67% versus UDR at 4.49%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 20, 2026.