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Urban Edge Properties (Urban Edge Properties) EBITDA per Share : $4.21 (TTM As of Mar. 2024)


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What is Urban Edge Properties EBITDA per Share?

Urban Edge Properties's EBITDA per Share for the three months ended in Mar. 2024 was $0.51. Its EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $4.21.

During the past 12 months, the average EBITDA per Share Growth Rate of Urban Edge Properties was 181.00% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 26.80% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 3.90% per year. During the past 10 years, the average EBITDA per Share Growth Rate was 3.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per Share growth rate using EBITDA per Share data.

The historical rank and industry rank for Urban Edge Properties's EBITDA per Share or its related term are showing as below:

UE' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -10.2   Med: -1.5   Max: 26.8
Current: 26.8

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Urban Edge Properties was 26.80% per year. The lowest was -10.20% per year. And the median was -1.50% per year.

UE's 3-Year EBITDA Growth Rate is ranked better than
78.8% of 467 companies
in the REITs industry
Industry Median: 5.9 vs UE: 26.80

Urban Edge Properties's EBITDA for the three months ended in Mar. 2024 was $62.2 Mil.

During the past 12 months, the average EBITDA Growth Rate of Urban Edge Properties was 178.80% per year. During the past 3 years, the average EBITDA Growth Rate was 26.70% per year. During the past 5 years, the average EBITDA Growth Rate was 4.60% per year. During the past 10 years, the average EBITDA Growth Rate was 5.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Urban Edge Properties was 26.70% per year. The lowest was -9.80% per year. And the median was -0.05% per year.


Urban Edge Properties EBITDA per Share Historical Data

The historical data trend for Urban Edge Properties's EBITDA per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Urban Edge Properties EBITDA per Share Chart

Urban Edge Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBITDA per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 1.91 2.11 1.68 3.89

Urban Edge Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBITDA per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.46 0.82 2.42 0.51

Urban Edge Properties EBITDA per Share Calculation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Urban Edge Properties's EBITDA per Share for the fiscal year that ended in Dec. 2023 is calculated as

EBITDA per Share(A: Dec. 2023 )
=EBITDA/Shares Outstanding (Diluted Average)
=457.475/117.597
=3.89

Urban Edge Properties's EBITDA per Share for the quarter that ended in Mar. 2024 is calculated as

EBITDA per Share(Q: Mar. 2024 )
=EBITDA/Shares Outstanding (Diluted Average)
=62.163/122.814
=0.51

EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Urban Edge Properties  (NYSE:UE) EBITDA per Share Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals EBIT. EBIT is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost, it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies.


Urban Edge Properties EBITDA per Share Related Terms

Thank you for viewing the detailed overview of Urban Edge Properties's EBITDA per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Urban Edge Properties (Urban Edge Properties) Business Description

Traded in Other Exchanges
N/A
Address
888 Seventh Avenue, New York, NY, USA, 10019
Urban Edge Properties is a real estate investment trust principally focused on the management and development of retail real estate properties in urban communities in the U.S. Having originally been created to hold the majority of Vornado Realty Trust's shopping center businesses, Urban Edge's asset portfolio is mostly composed of shopping centers and malls in terms of total square footage. The company's holdings include necessity and convenience-oriented retailers, such as department stores, grocers, health clubs, and restaurants. Urban Edge's properties are mainly located in the New York City metropolitan region and within the DC to Boston corridor. The company generates nearly all of its revenue through the collection of rent from a large number of tenants.
Executives
Catherine Rice director 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Milton Robert C. Iii officer: General Counsel and Secretary C/O CIFC CORP., 250 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10177
Jeffrey Mooallem officer: Chief Operating Officer 3 SERRAMONTE CENTER, DALY CITY CA 94015
Andrea Rosenthal Drazin officer: Chief Accounting Officer 849 BRADFORD AVENUE, WESTFIELD NJ 07090
Katherine M Sandstrom director 4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Mary Baglivo director C/O SAATCHI & SAATCHI, 17 HUDSON STREET, NEW YORK NY 10014
Norman K. Jenkins director 9211 GLADYS FARM WAY, GAITHERSBURG MD 20882
Susan Givens director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Herbert Eilberg officer: Chief Investment Officer C/O URBAN EDGE PROPERTIES, 888 7TH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Vita Danielle De officer: EVP of Development 45 WOOTTON ROAD, ESSEX FELLS NJ 07021
Douglas William Sesler director 54 NORTHWAY, BRONXVILLE NY 10708
Steven Roth director
Christopher Weilminster officer: Chief Operating Officer C/O URBAN EDGE PROPERTIES, 888 7TH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Briggs Donald Ten Eyck officer: President of Development 78 BLANCHARD RD., BURLINGTON MA 01803
Bernard Schachter officer: EVP - Asset Management C/O URBAN EDGE PROPERTIES, 210 ROUTE 4 EAST, PARAMUS NJ 07652