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Side-by-side financial comparison of UDR, Inc. (UDR) and West Pharmaceutical Services (WST). Click either name above to swap in a different company.

West Pharmaceutical Services is the larger business by last-quarter revenue ($805.0M vs $433.1M, roughly 1.9× UDR, Inc.). UDR, Inc. runs the higher net margin — 51.5% vs 16.4%, a 35.1% gap on every dollar of revenue. On growth, West Pharmaceutical Services posted the faster year-over-year revenue change (7.5% vs 2.5%). UDR, Inc. produced more free cash flow last quarter ($650.0M vs $175.0M). Over the past eight quarters, West Pharmaceutical Services's revenue compounded faster (7.6% CAGR vs 2.3%).

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.

West Pharmaceutical Services, Inc. is a designer and manufacturer of injectable pharmaceutical packaging and delivery systems. Founded in 1923 by Herman O. West and J.R. Wike of Philadelphia, the company is headquartered in Exton, Pennsylvania. In its early years of development, West produced rubber components for packaging injectable drugs, providing a sterile environment for the producers of penicillin and insulin.

UDR vs WST — Head-to-Head

Bigger by revenue
WST
WST
1.9× larger
WST
$805.0M
$433.1M
UDR
Growing faster (revenue YoY)
WST
WST
+5.1% gap
WST
7.5%
2.5%
UDR
Higher net margin
UDR
UDR
35.1% more per $
UDR
51.5%
16.4%
WST
More free cash flow
UDR
UDR
$475.0M more FCF
UDR
$650.0M
$175.0M
WST
Faster 2-yr revenue CAGR
WST
WST
Annualised
WST
7.6%
2.3%
UDR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
UDR
UDR
WST
WST
Revenue
$433.1M
$805.0M
Net Profit
$222.9M
$132.1M
Gross Margin
37.8%
Operating Margin
64.1%
19.5%
Net Margin
51.5%
16.4%
Revenue YoY
2.5%
7.5%
Net Profit YoY
4519.2%
1.5%
EPS (diluted)
$0.67
$1.82

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.

Revenue
UDR
UDR
WST
WST
Q4 25
$433.1M
$805.0M
Q3 25
$431.9M
$804.6M
Q2 25
$425.4M
$766.5M
Q1 25
$421.9M
$698.0M
Q4 24
$422.7M
$748.8M
Q3 24
$420.2M
$746.9M
Q2 24
$415.3M
$702.1M
Q1 24
$413.6M
$695.4M
Net Profit
UDR
UDR
WST
WST
Q4 25
$222.9M
$132.1M
Q3 25
$40.4M
$140.0M
Q2 25
$37.7M
$131.8M
Q1 25
$76.7M
$89.8M
Q4 24
$-5.0M
$130.1M
Q3 24
$22.6M
$136.0M
Q2 24
$28.9M
$111.3M
Q1 24
$43.1M
$115.3M
Gross Margin
UDR
UDR
WST
WST
Q4 25
37.8%
Q3 25
36.6%
Q2 25
35.7%
Q1 25
33.2%
Q4 24
36.5%
Q3 24
35.4%
Q2 24
32.8%
Q1 24
33.1%
Operating Margin
UDR
UDR
WST
WST
Q4 25
64.1%
19.5%
Q3 25
17.7%
20.8%
Q2 25
18.2%
20.1%
Q1 25
29.0%
15.3%
Q4 24
15.7%
21.3%
Q3 24
16.6%
21.6%
Q2 24
16.5%
18.0%
Q1 24
19.3%
17.7%
Net Margin
UDR
UDR
WST
WST
Q4 25
51.5%
16.4%
Q3 25
9.4%
17.4%
Q2 25
8.9%
17.2%
Q1 25
18.2%
12.9%
Q4 24
-220.5%
17.4%
Q3 24
5.4%
18.2%
Q2 24
7.0%
15.9%
Q1 24
10.4%
16.6%
EPS (diluted)
UDR
UDR
WST
WST
Q4 25
$0.67
$1.82
Q3 25
$0.12
$1.92
Q2 25
$0.11
$1.82
Q1 25
$0.23
$1.23
Q4 24
$-0.01
$1.78
Q3 24
$0.06
$1.85
Q2 24
$0.08
$1.51
Q1 24
$0.13
$1.55

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
UDR
UDR
WST
WST
Cash + ST InvestmentsLiquidity on hand
$1.2M
$791.3M
Total DebtLower is stronger
$5.8B
$202.8M
Stockholders' EquityBook value
$3.3B
$3.2B
Total Assets
$10.6B
$4.3B
Debt / EquityLower = less leverage
1.77×
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
UDR
UDR
WST
WST
Q4 25
$1.2M
$791.3M
Q3 25
$1.2M
$628.5M
Q2 25
$1.5M
$509.7M
Q1 25
$1.3M
$404.2M
Q4 24
$1.3M
$484.6M
Q3 24
$2.3M
$490.9M
Q2 24
$2.8M
$446.2M
Q1 24
$2.1M
$601.8M
Total Debt
UDR
UDR
WST
WST
Q4 25
$5.8B
$202.8M
Q3 25
$5.8B
$202.7M
Q2 25
$5.8B
$202.6M
Q1 25
$5.8B
$202.6M
Q4 24
$5.8B
$202.6M
Q3 24
$5.9B
$202.6M
Q2 24
$5.8B
$205.8M
Q1 24
$5.8B
$206.2M
Stockholders' Equity
UDR
UDR
WST
WST
Q4 25
$3.3B
$3.2B
Q3 25
$3.3B
$3.1B
Q2 25
$3.3B
$2.9B
Q1 25
$3.3B
$2.7B
Q4 24
$3.4B
$2.7B
Q3 24
$3.5B
$2.8B
Q2 24
$3.7B
$2.6B
Q1 24
$3.9B
$2.7B
Total Assets
UDR
UDR
WST
WST
Q4 25
$10.6B
$4.3B
Q3 25
$10.6B
$4.1B
Q2 25
$10.6B
$4.0B
Q1 25
$10.7B
$3.6B
Q4 24
$10.9B
$3.6B
Q3 24
$11.1B
$3.7B
Q2 24
$11.1B
$3.5B
Q1 24
$11.2B
$3.6B
Debt / Equity
UDR
UDR
WST
WST
Q4 25
1.77×
0.06×
Q3 25
1.78×
0.07×
Q2 25
1.74×
0.07×
Q1 25
1.74×
0.08×
Q4 24
1.69×
0.08×
Q3 24
1.67×
0.07×
Q2 24
1.55×
0.08×
Q1 24
1.47×
0.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
UDR
UDR
WST
WST
Operating Cash FlowLast quarter
$902.9M
$251.1M
Free Cash FlowOCF − Capex
$650.0M
$175.0M
FCF MarginFCF / Revenue
150.1%
21.7%
Capex IntensityCapex / Revenue
58.4%
9.5%
Cash ConversionOCF / Net Profit
4.05×
1.90×
TTM Free Cash FlowTrailing 4 quarters
$1.1B
$468.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
UDR
UDR
WST
WST
Q4 25
$902.9M
$251.1M
Q3 25
$234.9M
$197.2M
Q2 25
$250.3M
$177.1M
Q1 25
$156.2M
$129.4M
Q4 24
$876.8M
$190.1M
Q3 24
$230.3M
$180.1M
Q2 24
$238.5M
$165.0M
Q1 24
$167.6M
$118.2M
Free Cash Flow
UDR
UDR
WST
WST
Q4 25
$650.0M
$175.0M
Q3 25
$164.6M
$133.9M
Q2 25
$190.1M
$101.9M
Q1 25
$103.2M
$58.1M
Q4 24
$627.0M
$85.2M
Q3 24
$161.3M
$98.8M
Q2 24
$171.1M
$64.8M
Q1 24
$115.0M
$27.6M
FCF Margin
UDR
UDR
WST
WST
Q4 25
150.1%
21.7%
Q3 25
38.1%
16.6%
Q2 25
44.7%
13.3%
Q1 25
24.5%
8.3%
Q4 24
148.3%
11.4%
Q3 24
38.4%
13.2%
Q2 24
41.2%
9.2%
Q1 24
27.8%
4.0%
Capex Intensity
UDR
UDR
WST
WST
Q4 25
58.4%
9.5%
Q3 25
16.3%
7.9%
Q2 25
14.2%
9.8%
Q1 25
12.6%
10.2%
Q4 24
59.1%
14.0%
Q3 24
16.4%
10.9%
Q2 24
16.2%
14.3%
Q1 24
12.7%
13.0%
Cash Conversion
UDR
UDR
WST
WST
Q4 25
4.05×
1.90×
Q3 25
5.81×
1.41×
Q2 25
6.64×
1.34×
Q1 25
2.04×
1.44×
Q4 24
1.46×
Q3 24
10.19×
1.32×
Q2 24
8.26×
1.48×
Q1 24
3.88×
1.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

UDR
UDR

Segment breakdown not available.

WST
WST

Proprietary Products$661.8M82%
Contract Manufactured Products$143.2M18%
Affiliated Entity$3.3M0%

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