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Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) and UDR, Inc. (UDR). Click either name above to swap in a different company.
UDR, Inc. is the larger business by last-quarter revenue ($425.8M vs $308.1M, roughly 1.4× Grand Canyon Education, Inc.). UDR, Inc. runs the higher net margin — 44.6% vs 28.1%, a 16.4% gap on every dollar of revenue. On growth, Grand Canyon Education, Inc. posted the faster year-over-year revenue change (5.3% vs 0.9%). Over the past eight quarters, Grand Canyon Education, Inc.'s revenue compounded faster (5.9% CAGR vs 1.3%).
Grand Canyon Education, Inc. (GCE) is an American for-profit corporation that provides services to universities, specializing in program development, online education, and operational support. Formerly affiliated with Grand Canyon University (GCU), a Christian university in Arizona, GCE became a separate publicly traded company in 2008.
UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.
LOPE vs UDR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $308.1M | $425.8M |
| Net Profit | $86.7M | $189.8M |
| Gross Margin | — | — |
| Operating Margin | 35.1% | 54.0% |
| Net Margin | 28.1% | 44.6% |
| Revenue YoY | 5.3% | 0.9% |
| Net Profit YoY | 5.9% | 147.2% |
| EPS (diluted) | $3.13 | $0.63 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $425.8M | ||
| Q4 25 | $308.1M | $433.1M | ||
| Q3 25 | $261.1M | $431.9M | ||
| Q2 25 | $247.5M | $425.4M | ||
| Q1 25 | $289.3M | $421.9M | ||
| Q4 24 | $292.6M | $422.7M | ||
| Q3 24 | $238.3M | $420.2M | ||
| Q2 24 | $227.5M | $415.3M |
| Q1 26 | — | $189.8M | ||
| Q4 25 | $86.7M | $222.9M | ||
| Q3 25 | $16.3M | $40.4M | ||
| Q2 25 | $41.5M | $37.7M | ||
| Q1 25 | $71.6M | $76.7M | ||
| Q4 24 | $81.9M | $-5.0M | ||
| Q3 24 | $41.5M | $22.6M | ||
| Q2 24 | $34.9M | $28.9M |
| Q1 26 | — | 54.0% | ||
| Q4 25 | 35.1% | 64.1% | ||
| Q3 25 | 6.9% | 17.7% | ||
| Q2 25 | 20.9% | 18.2% | ||
| Q1 25 | 30.4% | 29.0% | ||
| Q4 24 | 34.2% | 15.7% | ||
| Q3 24 | 20.2% | 16.6% | ||
| Q2 24 | 18.8% | 16.5% |
| Q1 26 | — | 44.6% | ||
| Q4 25 | 28.1% | 51.5% | ||
| Q3 25 | 6.2% | 9.4% | ||
| Q2 25 | 16.8% | 8.9% | ||
| Q1 25 | 24.8% | 18.2% | ||
| Q4 24 | 28.0% | -220.5% | ||
| Q3 24 | 17.4% | 5.4% | ||
| Q2 24 | 15.3% | 7.0% |
| Q1 26 | — | $0.63 | ||
| Q4 25 | $3.13 | $0.67 | ||
| Q3 25 | $0.58 | $0.12 | ||
| Q2 25 | $1.48 | $0.11 | ||
| Q1 25 | $2.52 | $0.23 | ||
| Q4 24 | $2.83 | $-0.01 | ||
| Q3 24 | $1.42 | $0.06 | ||
| Q2 24 | $1.19 | $0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $111.8M | $1.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $746.9M | $3.3B |
| Total Assets | $992.3M | $10.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.3M | ||
| Q4 25 | $111.8M | $1.2M | ||
| Q3 25 | $97.3M | $1.2M | ||
| Q2 25 | $192.3M | $1.5M | ||
| Q1 25 | $144.5M | $1.3M | ||
| Q4 24 | $324.6M | $1.3M | ||
| Q3 24 | $263.6M | $2.3M | ||
| Q2 24 | $241.3M | $2.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $5.8B | ||
| Q3 25 | — | $5.8B | ||
| Q2 25 | — | $5.8B | ||
| Q1 25 | — | $5.8B | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $5.8B |
| Q1 26 | — | $3.3B | ||
| Q4 25 | $746.9M | $3.3B | ||
| Q3 25 | $758.0M | $3.3B | ||
| Q2 25 | $778.0M | $3.3B | ||
| Q1 25 | $780.7M | $3.3B | ||
| Q4 24 | $783.9M | $3.4B | ||
| Q3 24 | $764.1M | $3.5B | ||
| Q2 24 | $759.2M | $3.7B |
| Q1 26 | — | $10.3B | ||
| Q4 25 | $992.3M | $10.6B | ||
| Q3 25 | $1.0B | $10.6B | ||
| Q2 25 | $1.0B | $10.6B | ||
| Q1 25 | $1.0B | $10.7B | ||
| Q4 24 | $1.0B | $10.9B | ||
| Q3 24 | $992.9M | $11.1B | ||
| Q2 24 | $992.7M | $11.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.77× | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | 1.74× | ||
| Q1 25 | — | 1.74× | ||
| Q4 24 | — | 1.69× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.55× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $130.5M | — |
| Free Cash FlowOCF − Capex | $122.9M | — |
| FCF MarginFCF / Revenue | 39.9% | — |
| Capex IntensityCapex / Revenue | 2.5% | 4.9% |
| Cash ConversionOCF / Net Profit | 1.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | $238.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $130.5M | $902.9M | ||
| Q3 25 | $-48.6M | $234.9M | ||
| Q2 25 | $124.0M | $250.3M | ||
| Q1 25 | $67.6M | $156.2M | ||
| Q4 24 | $135.8M | $876.8M | ||
| Q3 24 | $-29.4M | $230.3M | ||
| Q2 24 | $98.6M | $238.5M |
| Q1 26 | — | — | ||
| Q4 25 | $122.9M | $650.0M | ||
| Q3 25 | $-58.3M | $164.6M | ||
| Q2 25 | $115.4M | $190.1M | ||
| Q1 25 | $58.7M | $103.2M | ||
| Q4 24 | $126.1M | $627.0M | ||
| Q3 24 | $-39.0M | $161.3M | ||
| Q2 24 | $89.6M | $171.1M |
| Q1 26 | — | — | ||
| Q4 25 | 39.9% | 150.1% | ||
| Q3 25 | -22.3% | 38.1% | ||
| Q2 25 | 46.6% | 44.7% | ||
| Q1 25 | 20.3% | 24.5% | ||
| Q4 24 | 43.1% | 148.3% | ||
| Q3 24 | -16.3% | 38.4% | ||
| Q2 24 | 39.4% | 41.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 2.5% | 58.4% | ||
| Q3 25 | 3.7% | 16.3% | ||
| Q2 25 | 3.5% | 14.2% | ||
| Q1 25 | 3.1% | 12.6% | ||
| Q4 24 | 3.3% | 59.1% | ||
| Q3 24 | 4.0% | 16.4% | ||
| Q2 24 | 3.9% | 16.2% |
| Q1 26 | — | — | ||
| Q4 25 | 1.50× | 4.05× | ||
| Q3 25 | -2.99× | 5.81× | ||
| Q2 25 | 2.98× | 6.64× | ||
| Q1 25 | 0.94× | 2.04× | ||
| Q4 24 | 1.66× | — | ||
| Q3 24 | -0.71× | 10.19× | ||
| Q2 24 | 2.83× | 8.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LOPE
Segment breakdown not available.
UDR
| Rental income | $423.3M | 99% |
| Joint venture management and other fees | $2.5M | 1% |
