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Side-by-side financial comparison of SM Energy Co (SM) and UDR, Inc. (UDR). Click either name above to swap in a different company.
SM Energy Co is the larger business by last-quarter revenue ($704.9M vs $425.8M, roughly 1.7× UDR, Inc.). On growth, UDR, Inc. posted the faster year-over-year revenue change (0.9% vs -17.3%). Over the past eight quarters, SM Energy Co's revenue compounded faster (12.2% CAGR vs 1.3%).
SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.
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.
SM vs UDR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $704.9M | $425.8M |
| Net Profit | — | $189.8M |
| Gross Margin | — | — |
| Operating Margin | 25.9% | 54.0% |
| Net Margin | — | 44.6% |
| Revenue YoY | -17.3% | 0.9% |
| Net Profit YoY | — | 147.2% |
| EPS (diluted) | $0.94 | $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 | $704.9M | $433.1M | ||
| Q3 25 | $811.6M | $431.9M | ||
| Q2 25 | $792.9M | $425.4M | ||
| Q1 25 | $844.5M | $421.9M | ||
| Q4 24 | $852.0M | $422.7M | ||
| Q3 24 | $643.6M | $420.2M | ||
| Q2 24 | $634.6M | $415.3M |
| Q1 26 | — | $189.8M | ||
| Q4 25 | — | $222.9M | ||
| Q3 25 | $155.1M | $40.4M | ||
| Q2 25 | $201.7M | $37.7M | ||
| Q1 25 | $182.3M | $76.7M | ||
| Q4 24 | — | $-5.0M | ||
| Q3 24 | $240.5M | $22.6M | ||
| Q2 24 | $210.3M | $28.9M |
| Q1 26 | — | 54.0% | ||
| Q4 25 | 25.9% | 64.1% | ||
| Q3 25 | 30.4% | 17.7% | ||
| Q2 25 | 37.2% | 18.2% | ||
| Q1 25 | 32.7% | 29.0% | ||
| Q4 24 | 33.7% | 15.7% | ||
| Q3 24 | 51.4% | 16.6% | ||
| Q2 24 | 44.0% | 16.5% |
| Q1 26 | — | 44.6% | ||
| Q4 25 | — | 51.5% | ||
| Q3 25 | 19.1% | 9.4% | ||
| Q2 25 | 25.4% | 8.9% | ||
| Q1 25 | 21.6% | 18.2% | ||
| Q4 24 | — | -220.5% | ||
| Q3 24 | 37.4% | 5.4% | ||
| Q2 24 | 33.1% | 7.0% |
| Q1 26 | — | $0.63 | ||
| Q4 25 | $0.94 | $0.67 | ||
| Q3 25 | $1.35 | $0.12 | ||
| Q2 25 | $1.76 | $0.11 | ||
| Q1 25 | $1.59 | $0.23 | ||
| Q4 24 | $1.63 | $-0.01 | ||
| Q3 24 | $2.09 | $0.06 | ||
| Q2 24 | $1.82 | $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 | $368.0M | $1.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.8B | $3.3B |
| Total Assets | $9.3B | $10.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.3M | ||
| Q4 25 | $368.0M | $1.2M | ||
| Q3 25 | $162.3M | $1.2M | ||
| Q2 25 | $101.9M | $1.5M | ||
| Q1 25 | $54.0K | $1.3M | ||
| Q4 24 | — | $1.3M | ||
| Q3 24 | $1.7B | $2.3M | ||
| Q2 24 | $487.9M | $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 | $4.8B | $3.3B | ||
| Q3 25 | $4.7B | $3.3B | ||
| Q2 25 | $4.6B | $3.3B | ||
| Q1 25 | $4.4B | $3.3B | ||
| Q4 24 | $4.2B | $3.4B | ||
| Q3 24 | $4.1B | $3.5B | ||
| Q2 24 | $3.8B | $3.7B |
| Q1 26 | — | $10.3B | ||
| Q4 25 | $9.3B | $10.6B | ||
| Q3 25 | $9.1B | $10.6B | ||
| Q2 25 | $9.0B | $10.6B | ||
| Q1 25 | $8.8B | $10.7B | ||
| Q4 24 | $8.6B | $10.9B | ||
| Q3 24 | $8.0B | $11.1B | ||
| Q2 24 | $6.7B | $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 | $451.9M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 4.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $451.9M | $902.9M | ||
| Q3 25 | $505.0M | $234.9M | ||
| Q2 25 | $571.1M | $250.3M | ||
| Q1 25 | $483.0M | $156.2M | ||
| Q4 24 | $578.4M | $876.8M | ||
| Q3 24 | $452.3M | $230.3M | ||
| Q2 24 | $476.4M | $238.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $650.0M | ||
| Q3 25 | — | $164.6M | ||
| Q2 25 | — | $190.1M | ||
| Q1 25 | — | $103.2M | ||
| Q4 24 | — | $627.0M | ||
| Q3 24 | — | $161.3M | ||
| Q2 24 | — | $171.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 150.1% | ||
| Q3 25 | — | 38.1% | ||
| Q2 25 | — | 44.7% | ||
| Q1 25 | — | 24.5% | ||
| Q4 24 | — | 148.3% | ||
| Q3 24 | — | 38.4% | ||
| Q2 24 | — | 41.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | — | 58.4% | ||
| Q3 25 | — | 16.3% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 12.6% | ||
| Q4 24 | — | 59.1% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 16.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.05× | ||
| Q3 25 | 3.26× | 5.81× | ||
| Q2 25 | 2.83× | 6.64× | ||
| Q1 25 | 2.65× | 2.04× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.88× | 10.19× | ||
| Q2 24 | 2.27× | 8.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SM
Segment breakdown not available.
UDR
| Rental income | $423.3M | 99% |
| Joint venture management and other fees | $2.5M | 1% |
