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Side-by-side financial comparison of Spectrum Brands Holdings, Inc. (SPB) and UDR, Inc. (UDR). Click either name above to swap in a different company.
Spectrum Brands Holdings, Inc. is the larger business by last-quarter revenue ($677.0M vs $425.8M, roughly 1.6× UDR, Inc.). UDR, Inc. runs the higher net margin — 44.6% vs 4.2%, a 40.4% gap on every dollar of revenue. On growth, UDR, Inc. posted the faster year-over-year revenue change (0.9% vs -3.3%). Over the past eight quarters, UDR, Inc.'s revenue compounded faster (1.3% CAGR vs -2.9%).
Spectrum Brands Holdings, Inc. is an American multinational consumer products conglomerate headquartered in Middleton, Wisconsin. It was established in 2005 as the successor to Rayovac Corporation.
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.
SPB vs UDR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $677.0M | $425.8M |
| Net Profit | $28.4M | $189.8M |
| Gross Margin | 35.7% | — |
| Operating Margin | 4.0% | 54.0% |
| Net Margin | 4.2% | 44.6% |
| Revenue YoY | -3.3% | 0.9% |
| Net Profit YoY | 20.9% | 147.2% |
| EPS (diluted) | $1.21 | $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 | $677.0M | $433.1M | ||
| Q3 25 | $733.5M | $431.9M | ||
| Q2 25 | $699.6M | $425.4M | ||
| Q1 25 | $675.7M | $421.9M | ||
| Q4 24 | $700.2M | $422.7M | ||
| Q3 24 | $773.8M | $420.2M | ||
| Q2 24 | $779.4M | $415.3M |
| Q1 26 | — | $189.8M | ||
| Q4 25 | $28.4M | $222.9M | ||
| Q3 25 | $55.6M | $40.4M | ||
| Q2 25 | $19.9M | $37.7M | ||
| Q1 25 | $900.0K | $76.7M | ||
| Q4 24 | $23.5M | $-5.0M | ||
| Q3 24 | $28.5M | $22.6M | ||
| Q2 24 | $6.1M | $28.9M |
| Q1 26 | — | — | ||
| Q4 25 | 35.7% | — | ||
| Q3 25 | 35.0% | — | ||
| Q2 25 | 37.8% | — | ||
| Q1 25 | 37.5% | — | ||
| Q4 24 | 36.8% | — | ||
| Q3 24 | 37.2% | — | ||
| Q2 24 | 38.9% | — |
| Q1 26 | — | 54.0% | ||
| Q4 25 | 4.0% | 64.1% | ||
| Q3 25 | 4.0% | 17.7% | ||
| Q2 25 | 4.5% | 18.2% | ||
| Q1 25 | 2.9% | 29.0% | ||
| Q4 24 | 6.4% | 15.7% | ||
| Q3 24 | 2.8% | 16.6% | ||
| Q2 24 | 6.1% | 16.5% |
| Q1 26 | — | 44.6% | ||
| Q4 25 | 4.2% | 51.5% | ||
| Q3 25 | 7.6% | 9.4% | ||
| Q2 25 | 2.8% | 8.9% | ||
| Q1 25 | 0.1% | 18.2% | ||
| Q4 24 | 3.4% | -220.5% | ||
| Q3 24 | 3.7% | 5.4% | ||
| Q2 24 | 0.8% | 7.0% |
| Q1 26 | — | $0.63 | ||
| Q4 25 | $1.21 | $0.67 | ||
| Q3 25 | $2.19 | $0.12 | ||
| Q2 25 | $0.80 | $0.11 | ||
| Q1 25 | $0.03 | $0.23 | ||
| Q4 24 | $0.84 | $-0.01 | ||
| Q3 24 | $1.03 | $0.06 | ||
| Q2 24 | $0.21 | $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 | $126.6M | $1.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.9B | $3.3B |
| Total Assets | $3.4B | $10.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.3M | ||
| Q4 25 | $126.6M | $1.2M | ||
| Q3 25 | $123.6M | $1.2M | ||
| Q2 25 | $122.0M | $1.5M | ||
| Q1 25 | $96.0M | $1.3M | ||
| Q4 24 | $179.9M | $1.3M | ||
| Q3 24 | $368.9M | $2.3M | ||
| Q2 24 | $306.8M | $2.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $5.8B | ||
| Q3 25 | $496.1M | $5.8B | ||
| Q2 25 | — | $5.8B | ||
| Q1 25 | — | $5.8B | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | $496.1M | $5.9B | ||
| Q2 24 | — | $5.8B |
| Q1 26 | — | $3.3B | ||
| Q4 25 | $1.9B | $3.3B | ||
| Q3 25 | $1.9B | $3.3B | ||
| Q2 25 | $1.9B | $3.3B | ||
| Q1 25 | $1.9B | $3.3B | ||
| Q4 24 | $2.0B | $3.4B | ||
| Q3 24 | $2.1B | $3.5B | ||
| Q2 24 | $2.1B | $3.7B |
| Q1 26 | — | $10.3B | ||
| Q4 25 | $3.4B | $10.6B | ||
| Q3 25 | $3.4B | $10.6B | ||
| Q2 25 | $3.5B | $10.6B | ||
| Q1 25 | $3.5B | $10.7B | ||
| Q4 24 | $3.6B | $10.9B | ||
| Q3 24 | $3.8B | $11.1B | ||
| Q2 24 | $3.8B | $11.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.77× | ||
| Q3 25 | 0.26× | 1.78× | ||
| Q2 25 | — | 1.74× | ||
| Q1 25 | — | 1.74× | ||
| Q4 24 | — | 1.69× | ||
| Q3 24 | 0.23× | 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 | $67.4M | — |
| Free Cash FlowOCF − Capex | $59.3M | — |
| FCF MarginFCF / Revenue | 8.8% | — |
| Capex IntensityCapex / Revenue | 1.2% | 4.9% |
| Cash ConversionOCF / Net Profit | 2.37× | — |
| TTM Free Cash FlowTrailing 4 quarters | $302.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $67.4M | $902.9M | ||
| Q3 25 | $171.1M | $234.9M | ||
| Q2 25 | $81.8M | $250.3M | ||
| Q1 25 | $23.1M | $156.2M | ||
| Q4 24 | $-72.4M | $876.8M | ||
| Q3 24 | $80.7M | $230.3M | ||
| Q2 24 | $82.7M | $238.5M |
| Q1 26 | — | — | ||
| Q4 25 | $59.3M | $650.0M | ||
| Q3 25 | $157.9M | $164.6M | ||
| Q2 25 | $71.8M | $190.1M | ||
| Q1 25 | $13.9M | $103.2M | ||
| Q4 24 | $-78.3M | $627.0M | ||
| Q3 24 | $67.7M | $161.3M | ||
| Q2 24 | $72.6M | $171.1M |
| Q1 26 | — | — | ||
| Q4 25 | 8.8% | 150.1% | ||
| Q3 25 | 21.5% | 38.1% | ||
| Q2 25 | 10.3% | 44.7% | ||
| Q1 25 | 2.1% | 24.5% | ||
| Q4 24 | -11.2% | 148.3% | ||
| Q3 24 | 8.7% | 38.4% | ||
| Q2 24 | 9.3% | 41.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 1.2% | 58.4% | ||
| Q3 25 | 1.8% | 16.3% | ||
| Q2 25 | 1.4% | 14.2% | ||
| Q1 25 | 1.4% | 12.6% | ||
| Q4 24 | 0.8% | 59.1% | ||
| Q3 24 | 1.7% | 16.4% | ||
| Q2 24 | 1.3% | 16.2% |
| Q1 26 | — | — | ||
| Q4 25 | 2.37× | 4.05× | ||
| Q3 25 | 3.08× | 5.81× | ||
| Q2 25 | 4.11× | 6.64× | ||
| Q1 25 | 25.67× | 2.04× | ||
| Q4 24 | -3.08× | — | ||
| Q3 24 | 2.83× | 10.19× | ||
| Q2 24 | 13.56× | 8.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SPB
| HPC Segment | $321.5M | 47% |
| Global Pet Supplies | $168.7M | 25% |
| Home And Personal Care | $109.8M | 16% |
| HG Segment | $73.9M | 11% |
UDR
| Rental income | $423.3M | 99% |
| Joint venture management and other fees | $2.5M | 1% |
