Sales Y/Y of United Dominion Realty Trust, Inc.
The annual revenue growth is calculated as is an arithmetic mean of a series of growth rates. For this specific metric the calculation takes into account a series of the last three annual growth rates. The average annual revenue growth is useful for determining trends but it can be misleading since only the differences between years are compared and not the starting and ending point (which can happen to be identical). As a result, compounded annual growth rate can be used for evaluating changing financial metrics.
UDR, Inc. (NYSE:UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets. As of September 30, 2017, UDR owned or had an ownership position in 50,127 apartment homes including 2,935 homes under development or in its Developer Capital Program. For over 45 years, UDR has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates. Additional information can be found on the Company's website at ir.udr.com.
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