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).
Total return — FR vs UDR
growth of $100 · last 30yFR +158.8%UDR +156.7%FR compounded faster
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 7It 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
| Metric | FR | UDR |
|---|---|---|
| P/E ratio | 23.95● | 25.73 |
| Forward P/E | 32.65● | 71.02 |
| P/S ratio | 11.00 | 7.23● |
| P/B ratio | 2.97● | 3.78 |
| PEG ratio | 5.84 | 0.10● |
| EV / EBITDA | 16.36 | 14.05● |
Profitability
| Metric | FR | UDR |
|---|---|---|
| Gross margin | 47.03%● | 46.00% |
| Operating margin | 38.28%● | 27.36% |
| Net margin | 45.99%● | 28.60% |
| ROE | 12.41% | 14.94%● |
| ROIC | 5.34% | 29.38%● |
Dividends
| Metric | FR | UDR |
|---|---|---|
| Dividend yield | 2.97% | 4.59%● |
| Payout ratio | 98.13% | 152.65% |
Growth (annualized)
| Metric | FR | UDR |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
First Industrial Realty Trust P/E ratioUDR P/E ratioFirst Industrial Realty Trust dividend yieldUDR dividend yieldFirst Industrial Realty Trust ROEUDR ROEFirst Industrial Realty Trust operating marginUDR operating marginFirst Industrial Realty Trust revenue growthUDR revenue growthFirst Industrial Realty Trust free cash flowUDR free cash flow
First Industrial Realty Trust & UDR appear in these rankings
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.