Free Trial
Final Hours! Save $100 on MarketBeat All Access Before 11:59 PM
  • 0Days
  • 0Hours
  • 0Minutes
  • 0Seconds
Lock In $149 Tonight
Claim MarketBeat All Access Sale Promotion

UMH Properties (UMH) Financials

UMH Properties logo
$15.30 -0.01 (-0.03%)
Closing price 05/22/2026 03:59 PM Eastern
Extended Trading
$15.30 0.00 (0.00%)
As of 05/22/2026 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare
Annual Income Statements for UMH Properties

Annual Income Statements for UMH Properties

This table shows UMH Properties' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -6.12 -2.57 -7.68 -57 2.57 -30 21 -36 -8.71 2.47 5.97
Consolidated Net Income / (Loss)		 2.14 12 13 -36 28 5.06 51 -4.97 7.85 21 26
Net Income / (Loss) Continuing Operations		 2.14 12 13 -36 28 19 51 -4.97 7.85 21 26
Total Pre-Tax Income 		2.22 12 13 -36 28 19 51 -4.80 7.85 22 26
Total Revenue		 82 99 115 132 147 148 188 196 221 241 262
Net Interest Income / (Expense)		 0.00 0.00 2.01 2.26 0.00 -15 0.00 0.00 0.00 0.00 0.00
Total Interest Income		 0.00 0.00 2.01 2.26 0.00 2.92 0.00 0.00 0.00 0.00 0.00
Total Interest Expense		 0.00 0.00 0.00 0.00 0.00 18 0.00 0.00 0.00 0.00 0.00
Total Non-Interest Income		 82 99 113 130 147 164 188 196 221 241 262
Other Non-Interest Income		 82 99 113 130 147 164 186 196 221 241 262
Total Non-Interest Expense		 72 83 97 111 127 135 152 166 185 198 214
Other Operating Expenses		 52 60 69 79 90 94 107 117 129 138 147
Depreciation Expense		 19 23 28 32 37 42 45 49 56 60 67
Nonoperating Income / (Expense), net		 -7.42 -4.42 -5.29 -57 7.85 6.45 15 -34 -28 -21 -21
Other Gains / (Losses), net		 -0.08 -0.00 -0.08 -0.13 -0.11 -0.22 -0.17 -0.17 0.00 -0.11 -0.06
Preferred Stock Dividends Declared		 8.27 14 20 20 25 35 30 31 17 19 21
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - - - - 0.00 0.00 -0.12 -0.16 -0.19 -0.22
Basic Earnings per Share		 ($0.24) ($0.10) $0.39 ($0.98) $0.70 ($0.72) $0.46 ($0.67) ($0.15) $0.03 $0.07
Weighted Average Basic Shares Outstanding		 25.93M 27.81M 32.68M 36.87M 39.91M 41.40M 46.33M 54.39M 63.07M 74.11M 84.07M
Diluted Earnings per Share		 ($0.24) ($0.10) $0.39 ($0.98) $0.69 ($0.72) $0.45 ($0.67) ($0.15) $0.03 $0.07
Weighted Average Diluted Shares Outstanding		 25.93M 27.81M 32.68M 36.87M 40.20M 41.40M 47.43M 55.33M 63.68M 74.91M 84.69M
Weighted Average Basic & Diluted Shares Outstanding		 25.93M 27.81M 32.68M 36.87M 41.20M 42.37M 52.03M 59.64M 69.34M 82.46M 85.02M
Cash Dividends to Common per Share		 $0.72 $0.72 $0.72 $0.72 $0.72 $0.72 $0.76 $0.80 $0.82 $0.85 $0.89

Quarterly Income Statements for UMH Properties

This table shows UMH Properties' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 -5.83 6.83 -6.26 0.53 8.18 0.03 -0.27 2.53 4.21 -0.51 2.58
Consolidated Net Income / (Loss)		 -1.50 11 -1.63 5.18 13 4.98 4.81 7.61 9.29 4.58 7.69
Net Income / (Loss) Continuing Operations		 -1.50 11 -1.63 5.18 13 4.98 4.81 7.61 9.29 4.58 7.69
Total Pre-Tax Income 		-1.47 11 -1.62 5.19 13 5.00 4.81 7.64 9.36 4.53 7.69
Total Revenue		 56 56 58 60 61 64 61 67 67 67 66
Net Interest Income / (Expense)		 0.00 -1.14 0.00 0.00 0.00 -1.57 0.00 0.00 0.00 - 0.00
Total Interest Income		 0.00 -1.14 0.00 0.00 0.00 -1.57 0.00 0.00 0.00 - 0.00
Total Interest Expense		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Non-Interest Income		 56 57 58 60 61 66 61 67 67 67 66
Other Non-Interest Income		 56 57 58 60 61 62 61 67 67 67 66
Total Non-Interest Expense		 46 47 48 49 49 51 52 54 54 54 54
Other Operating Expenses		 32 32 34 34 34 36 35 38 37 37 36
Depreciation Expense		 14 14 15 15 15 16 17 16 17 17 18
Nonoperating Income / (Expense), net		 -11 2.36 -11 -5.83 1.22 -7.62 -4.76 -4.99 -3.46 -8.26 -3.82
Other Gains / (Losses), net		 -0.03 -0.01 -0.00 -0.01 -0.08 -0.02 -0.00 -0.04 -0.07 0.05 -0.00
Preferred Stock Dividends Declared		 4.36 4.47 4.67 4.71 4.78 5.00 5.13 5.13 5.13 5.15 5.17
Net Income / (Loss) Attributable to Noncontrolling Interest		 -0.03 -0.05 -0.03 -0.06 -0.06 -0.04 -0.05 -0.06 -0.06 -0.07 -0.06
Basic Earnings per Share		 ($0.09) $0.10 ($0.09) $0.01 $0.11 - $0.00 $0.03 $0.05 ($0.01) $0.03
Weighted Average Basic Shares Outstanding		 65.08M 63.07M 69.13M 71.42M 75.61M 74.11M 82.39M 83.97M 84.99M 84.07M 85.00M
Diluted Earnings per Share		 ($0.09) $0.10 ($0.09) $0.01 $0.11 - $0.00 $0.03 $0.05 ($0.01) $0.03
Weighted Average Diluted Shares Outstanding		 65.55M 63.68M 69.54M 71.88M 76.56M 74.91M 83.34M 84.78M 85.48M 84.69M 85.37M
Weighted Average Basic & Diluted Shares Outstanding		 66.40M 69.34M 70.40M 73.55M 78.90M 82.46M 84.08M 84.93M 85.23M 85.02M 85.17M

Annual Cash Flow Statements for UMH Properties

This table details how cash moves in and out of UMH Properties' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -1.55 -2.47 19 -15 6.22 9.60 96 -84 24 44 -28
Net Cash From Operating Activities		 26 29 41 40 39 67 65 -7.23 120 82 82
Net Cash From Continuing Operating Activities		 23 29 41 40 39 67 65 -7.23 120 82 82
Net Income / (Loss) Continuing Operations		 2.14 12 13 -36 28 5.06 51 -4.97 7.85 21 26
Consolidated Net Income / (Loss)		 2.14 12 13 -36 28 5.06 51 -4.97 7.85 21 26
Provision For Loan Losses		 1.12 0.91 1.27 1.23 1.41 1.55 1.21 1.50 2.06 2.08 1.60
Depreciation Expense		 19 23 28 32 37 42 45 49 56 60 67
Amortization Expense		 0.83 0.73 0.66 0.63 0.76 1.03 1.00 1.96 2.14 2.38 2.99
Non-Cash Adjustments to Reconcile Net Income		 0.73 -1.22 -0.35 53 2.05 1.54 1.28 21 5.74 9.57 8.72
Changes in Operating Assets and Liabilities, net		 2.00 -5.97 -0.95 -11 -30 16 -35 -76 47 -14 -24
Net Cash From Investing Activities		 -149 -78 -153 -138 -122 -104 -94 -125 -166 -140 -209
Net Cash From Continuing Investing Activities		 -149 -78 -153 -138 -122 -104 -94 -125 -166 -140 -209
Purchase of Property, Leasehold Improvements and Equipment		 -51 -58 -62 -53 -65 -77 -59 -81 -124 -92 -114
Purchase of Investment Securities		 -103 -35 -111 -88 -61 -30 -55 -103 -49 -53 -105
Sale of Property, Leasehold Improvements and Equipment		 - - - - 2.75 2.66 2.86 3.10 3.05 5.28 4.06
Sale and/or Maturity of Investments		 5.41 16 20 3.02 0.13 0.00 17 56 4.32 0.04 5.67
Net Cash From Financing Activities		 121 46 131 82 90 47 126 48 69 103 99
Net Cash From Continuing Financing Activities		 121 46 131 82 90 47 126 48 69 103 99
Issuance of Debt		 139 32 71 52 45 109 -34 270 58 0.00 273
Issuance of Common Equity		 23 20 80 30 40 102 59 115 62 35 7.77
Repayment of Debt		 -57 -25 -35 -6.87 -46 -7.12 -26 -24 -130 -77 -121
Repurchase of Common Equity		 - - 0.00 0.00 -0.24 -1.83 - - 0.00 0.00 -4.82
Payment of Dividends		 -24 -32 -37 -42 -47 -59 -61 -65 -66 -78 -92
Other Financing Activities, Net		 -2.14 1.82 4.80 0.64 1.85 -2.34 188 -0.02 145 223 36

Quarterly Cash Flow Statements for UMH Properties

This table details how cash moves in and out of UMH Properties' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -3.62 19 -15 1.67 24 34 -62 41 -45 39 -35
Net Cash From Operating Activities		 38 29 19 19 17 27 13 24 23 21 21
Net Cash From Continuing Operating Activities		 38 29 19 19 17 27 13 24 23 21 21
Net Income / (Loss) Continuing Operations		 -1.50 11 -1.63 5.18 13 4.98 4.81 7.61 9.29 4.58 7.69
Consolidated Net Income / (Loss)		 -1.50 11 -1.63 5.18 13 4.98 4.81 7.61 9.29 4.58 7.69
Provision For Loan Losses		 0.54 0.73 0.46 0.33 0.51 0.78 0.45 0.40 0.44 0.31 0.41
Depreciation Expense		 14 14 15 15 15 16 17 16 17 17 18
Amortization Expense		 0.54 0.54 0.56 0.61 0.61 0.61 0.60 0.65 0.88 0.87 0.88
Non-Cash Adjustments to Reconcile Net Income		 11 -5.58 6.97 -0.17 -1.98 4.75 1.81 2.24 -1.37 4.30 38
Changes in Operating Assets and Liabilities, net		 13 7.75 -2.06 -2.40 -10 0.35 -12 -2.21 -2.59 -6.07 -44
Net Cash From Investing Activities		 -41 -30 -25 -33 -38 -43 -56 -44 -64 -44 -33
Net Cash From Continuing Investing Activities		 -41 -30 -25 -33 -38 -43 -56 -44 -64 -44 -33
Purchase of Property, Leasehold Improvements and Equipment		 -34 -15 -18 -23 -27 -25 -21 -30 -35 -29 -24
Purchase of Investment Securities		 -12 -15 -8.60 -11 -13 -20 -37 -15 -30 -22 -9.78
Sale of Property, Leasehold Improvements and Equipment		 0.95 0.77 1.03 1.31 1.54 1.39 1.00 1.07 1.01 0.98 0.98
Net Cash From Financing Activities		 -0.40 20 -8.85 16 45 50 -19 61 -4.74 62 -23
Net Cash From Continuing Financing Activities		 -0.40 20 -8.85 16 45 50 -19 61 -4.74 62 -23
Issuance of Debt		 -38 6.54 -16 0.21 -52 67 0.37 101 80 92 0.13
Issuance of Common Equity		 14 11 6.16 2.40 12 14 2.76 -7.88 1.41 2.24 2.77
Repayment of Debt		 -2.85 -2.89 -2.95 -2.97 -2.97 -68 -9.39 -47 -63 -2.70 -2.34
Payment of Dividends		 -17 -17 -18 -19 -20 -21 -22 -23 -23 -23 -23
Other Financing Activities, Net		 44 23 22 36 108 57 9.59 38 -0.41 -1.42 0.07

Annual Balance Sheets for UMH Properties

This table presents UMH Properties' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 600 680 824 881 1,025 1,089 1,271 1,345 1,428 1,564 1,699
Cash and Due from Banks		 6.54 4.22 23 7.43 13 15 116 30 57 100 72
Trading Account Securities		 75 109 133 100 116 103 114 42 35 32 24
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 480 525 621 712 1,831 879 936 1,078 1,185 1,263 1,411
Other Assets		 38 42 46 61 -935 92 105 194 151 169 192
Total Liabilities & Shareholders' Equity		 600 680 824 881 1,025 1,089 1,271 1,345 1,428 1,564 1,699
Total Liabilities		 354 363 403 456 479 588 529 793 721 648 792
Non-Interest Bearing Deposits		 10 9.14 10 13 17 25 25 25 25 25 25
Long-Term Debt		 341 351 390 439 457 558 499 762 690 615 761
Other Long-Term Liabilities		 - - - - 4.57 - 4.27 6.39 6.11 - 5.66
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 246 317 421 425 546 502 742 551 707 916 907
Total Preferred & Common Equity		 246 317 421 425 546 502 742 549 705 914 906
Preferred Stock		 - - - 289 95 408 - 225 290 321 323
Total Common Equity		 246 317 421 136 451 94 742 324 415 593 583
Common Stock		 112 114 172 161 167 119 305 349 440 619 608
Retained Earnings		 -0.67 -0.67 -0.67 -25 -25 -25 -25 -25 -25 -25 -25
Other Equity Adjustments		 137 187 239 0.00 310 0.00 462 0.00 0.00 0.00 0.00
Noncontrolling Interest		 - - - - - - 0.00 2.23 2.07 1.88 1.66

Quarterly Balance Sheets for UMH Properties

This table presents UMH Properties' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 1,267 1,370 1,394 1,393 1,416 1,441 1,502 1,549 1,624 1,630 1,688
Cash and Due from Banks		 63 33 41 39 40 39 67 35 79 34 37
Trading Account Securities		 39 39 37 28 29 29 34 30 30 32 26
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 1,011 1,100 1,141 1,172 1,196 1,214 1,237 1,303 1,332 1,379 1,427
Other Assets		 154 198 175 155 151 160 164 181 182 185 197
Total Liabilities & Shareholders' Equity		 1,267 1,370 1,394 1,393 1,416 1,441 1,502 1,549 1,624 1,630 1,688
Total Liabilities		 755 779 756 715 699 697 643 635 690 703 792
Non-Interest Bearing Deposits		 23 21 22 23 22 23 22 22 23 22 25
Long-Term Debt		 726 751 727 687 672 669 615 606 659 673 760
Other Long-Term Liabilities		 6.77 6.02 - 5.98 5.75 5.39 5.73 - 8.53 8.23 6.98
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 512 591 638 678 717 744 858 914 934 926 896
Total Preferred & Common Equity		 509 589 636 676 715 742 856 912 932 925 894
Preferred Stock		 215 - 265 279 295 296 307 322 322 - 325
Total Common Equity		 294 589 371 396 420 446 550 591 610 925 570
Common Stock		 319 367 396 422 445 472 575 616 636 628 595
Retained Earnings		 -25 -25 -25 -25 -25 -25 -25 -25 -25 -25 -25
Other Equity Adjustments		 0.00 247 0.00 0.00 0.00 0.00 0.00 0.00 0.00 322 0.00
Noncontrolling Interest		 2.19 2.19 2.16 2.12 2.04 1.98 1.92 1.83 1.78 1.72 1.59

Annual Metrics And Ratios for UMH Properties

This table displays calculated financial ratios and metrics derived from UMH Properties' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics		 - - - - - - - - - - -
Profitability Metrics		 - - - - - - - - - - -
Valuation Ratios		 - - - - - - - - - - -
Leverage & Solvency		 - - - - - - - - - - -
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Efficiency Ratios		 - - - - - - - - - - -
Capital & Investment Metrics		 - - - - - - - - - - -
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.24) ($0.09) ($0.24) ($1.53) $0.70 $0.12 $1.10 ($0.67) ($0.15) $0.03 $0.07
Adjusted Weighted Average Basic Shares Outstanding		 25.93M 30.09M 36.07M 38.78M 39.91M 41.40M 46.33M 54.39M 63.07M 74.11M 84.07M
Adjusted Diluted Earnings per Share		 ($0.24) ($0.09) ($0.24) ($1.53) $0.69 $0.12 $1.08 ($0.67) ($0.15) $0.03 $0.07
Adjusted Weighted Average Diluted Shares Outstanding		 25.97M 30.09M 36.07M 38.78M 40.20M 41.40M 47.43M 54.39M 63.07M 74.91M 84.69M
Adjusted Basic & Diluted Earnings per Share		 $0.00 ($0.09) ($0.24) ($1.53) $0.70 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 27.11M 27.81M 32.68M 36.87M 41.20M 42.37M 52.03M 59.64M 69.34M 82.46M 85.02M
Debt Service Ratios		 - - - - - - - - - - -
Payout Ratios		 - - - - - - - - - - -

Quarterly Metrics And Ratios for UMH Properties

This table displays calculated financial ratios and metrics derived from UMH Properties' official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - - - - - 85,016,121.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 85,016,121.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 0.09
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 8.34% 16.36% 10.32% 2.28% 7.82% 15.13% 6.15% 10.47% 10.30% - 7.53%
EBITDA Growth		 21.63% 28.95% 16.92% -1.53% 10.38% 21.49% 9.23% 8.96% 12.71% - 13.18%
EBIT Growth		 33.80% 69.48% 28.08% -18.78% 19.60% 41.65% 3.26% 14.60% 8.97% - 20.27%
NOPAT Growth		 33.80% 69.48% 28.08% 16.03% 70.85% 41.65% 47.51% 14.60% 8.97% - 20.27%
Net Income Growth		 71.27% 207.57% -8.26% 1,385.61% 960.91% -55.75% 396.00% 46.79% -28.05% - 59.85%
EPS Growth		 50.00% 0.00% 0.00% 114.29% 222.22% 0.00% 100.00% 200.00% -54.55% - 0.00%
Operating Cash Flow Growth		 11,579.52% 335.28% 43.34% -53.27% -56.11% -5.85% -32.91% 31.57% 40.19% - 63.11%
Free Cash Flow Firm Growth		 -116.01% -13.42% -173.35% 80.59% 18.93% -61.54% -210.19% -351.22% -16.07% - -1.40%
Invested Capital Growth		 10.24% 6.39% 3.42% 3.53% 7.99% 9.58% 9.49% 12.74% 8.53% - 8.91%
Revenue Q/Q Growth		 1.77% -1.08% 5.66% -4.55% 7.29% 5.63% -4.46% 8.85% 0.41% - -1.69%
EBITDA Q/Q Growth		 5.64% -2.52% 7.52% -12.57% 18.42% 7.30% -7.58% 8.12% 5.11% - -2.05%
EBIT Q/Q Growth		 10.26% -9.41% 16.34% -33.18% 62.36% 7.30% -24.12% 31.92% 1.46% - -9.99%
NOPAT Q/Q Growth		 10.26% 29.42% -18.57% -4.54% 62.36% 7.30% -24.12% 31.92% 1.46% - -9.99%
Net Income Q/Q Growth		 -271.96% 850.77% -114.44% 418.83% 149.08% -61.41% -3.41% 58.11% 22.09% - 68.07%
EPS Q/Q Growth		 -28.57% 211.11% -190.00% 111.11% 1,000.00% 0.00% 0.00% 0.00% 66.67% - 400.00%
Operating Cash Flow Q/Q Growth		 -4.03% -24.01% -36.00% -2.58% -9.87% 63.04% -53.14% 91.06% -3.96% - -2.28%
Free Cash Flow Firm Q/Q Growth		 43.08% 37.41% 48.68% -6.77% -137.73% -24.70% -0.81% -37.03% 32.62% - 0.88%
Invested Capital Q/Q Growth		 -0.03% 2.38% -0.58% 1.74% 4.28% 3.89% -0.66% 4.76% 0.38% - -0.75%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 43.57% 42.94% 44.11% 40.41% 44.60% 45.31% 43.83% 43.54% 45.58% - 46.13%
EBIT Margin		 17.47% 16.00% 18.29% 12.81% 19.38% 19.69% 15.64% 18.95% 19.15% - 17.49%
Profit (Net Income) Margin		 -2.66% 20.22% -2.74% 9.16% 21.27% 7.77% 7.86% 11.41% 13.88% - 11.68%
Tax Burden Percent		 101.77% 99.90% 100.19% 99.81% 99.40% 99.56% 99.98% 99.53% 99.23% - 99.96%
Interest Burden Percent		 -14.98% 126.46% -14.96% 71.67% 110.40% 39.64% 50.25% 60.50% 73.02% - 66.80%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Invested Capital (ROIC)		 2.06% 2.61% 2.13% 2.10% 3.17% 3.24% 2.62% 3.16% 3.20% - 2.93%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.88% 2.93% 0.83% 1.81% 3.35% 2.07% 1.88% 2.40% 2.65% - 2.37%
Return on Net Nonoperating Assets (RNNOA)		 1.04% 3.38% 0.90% 1.82% 2.84% 1.66% 1.47% 1.90% 1.91% - 1.79%
Return on Equity (ROE)		 3.11% 5.99% 3.03% 3.93% 6.01% 4.90% 4.10% 5.06% 5.11% - 4.72%
Cash Return on Invested Capital (CROIC)		 -6.76% -3.53% -0.53% -0.80% -4.93% -6.24% -6.12% -9.03% -5.22% - -5.39%
Operating Return on Assets (OROA)		 2.88% 2.55% 2.98% 2.06% 3.11% 3.17% 2.57% 3.10% 3.14% - 2.88%
Return on Assets (ROA)		 -0.44% 3.22% -0.45% 1.47% 3.41% 1.25% 1.29% 1.86% 2.27% - 1.92%
Return on Common Equity (ROCE)		 1.80% 3.52% 2.34% 2.32% 3.70% 3.04% 2.54% 3.19% 4.22% - 3.03%
Return on Equity Simple (ROE_SIMPLE)		 0.04% 0.00% 1.08% 1.79% 3.24% 0.00% 3.06% 3.25% 2.89% - 3.26%
Net Operating Profit after Tax (NOPAT)		 6.88 8.91 7.59 7.24 12 13 9.57 13 13 - 12
NOPAT Margin		 12.23% 16.00% 12.81% 12.81% 19.38% 19.69% 15.64% 18.95% 19.15% - 17.49%
Net Nonoperating Expense Percent (NNEP)		 1.19% -0.32% 1.29% 0.30% -0.18% 1.17% 0.75% 0.76% 0.55% - 0.56%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Operating Expenses to Revenue		 82.53% 84.00% 81.71% 87.19% 80.62% 80.31% 84.36% 81.05% 80.85% - 82.51%
Earnings before Interest and Taxes (EBIT)		 9.83 8.91 11 7.24 12 13 9.57 13 13 - 12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 25 24 26 23 27 29 27 29 31 - 30
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 2.19 2.31 2.50 2.50 2.63 2.48 2.61 2.31 1.36 - 2.15
Price to Tangible Book Value (P/TBV)		 2.19 2.31 2.50 2.50 2.63 2.48 2.61 2.31 1.36 - 2.15
Price to Revenue (P/Rev)		 3.95 4.33 4.64 4.89 6.23 6.12 6.32 5.64 4.91 - 4.61
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 155.97 595.42 182.17 134.83 194.03 - 139.14
Dividend Yield		 6.13% 5.70% 5.18% 5.25% 4.27% 4.56% 4.60% 5.18% 5.93% - 6.24%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.64% 0.17% 0.55% 0.74% 0.52% - 0.72%
Enterprise Value to Invested Capital (EV/IC)		 1.32 1.35 1.43 1.44 1.56 1.51 1.60 1.45 1.19 - 1.37
Enterprise Value to Revenue (EV/Rev)		 8.19 8.51 8.74 8.95 9.92 9.60 9.98 9.25 7.41 - 8.54
Enterprise Value to EBITDA (EV/EBITDA)		 18.91 20.01 20.22 20.91 23.01 21.98 22.70 21.10 16.80 - 18.82
Enterprise Value to EBIT (EV/EBIT)		 46.23 52.07 51.20 55.14 59.17 54.39 56.98 52.18 41.86 - 45.73
Enterprise Value to NOPAT (EV/NOPAT)		 46.23 52.07 51.20 55.14 59.17 54.39 56.98 52.18 41.86 - 45.73
Enterprise Value to Operating Cash Flow (EV/OCF)		 22.80 15.66 15.74 19.49 27.66 28.30 32.35 28.51 21.63 - 25.27
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.01 0.98 0.94 0.90 0.72 0.67 0.66 0.71 0.73 - 0.85
Long-Term Debt to Equity		 1.01 0.98 0.94 0.90 0.72 0.67 0.66 0.71 0.73 - 0.85
Financial Leverage		 1.19 1.15 1.09 1.01 0.85 0.80 0.78 0.79 0.72 - 0.75
Leverage Ratio		 2.24 2.20 2.13 2.05 1.88 1.84 1.82 1.83 1.75 - 1.79
Compound Leverage Factor		 -0.34 2.79 -0.32 1.47 2.08 0.73 0.91 1.11 1.28 - 1.19
Debt to Total Capital		 50.33% 49.40% 48.36% 47.34% 41.74% 40.16% 39.88% 41.38% 42.06% - 45.89%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Long-Term Debt to Total Capital		 50.33% 49.40% 48.36% 47.34% 41.74% 40.16% 39.88% 41.38% 42.06% - 45.89%
Preferred Equity to Total Capital		 20.48% 20.77% 21.24% 20.93% 20.82% 20.94% 21.16% 20.20% 0.00% - 19.60%
Noncontrolling Interests to Total Capital		 0.16% 0.15% 0.15% 0.14% 0.13% 0.12% 0.12% 0.11% 0.11% - 0.10%
Common Equity to Total Capital		 29.03% 29.68% 30.25% 31.58% 37.31% 38.77% 38.84% 38.31% 57.83% - 34.42%
Debt to EBITDA		 7.23 7.34 6.86 6.85 6.14 5.85 5.65 6.01 5.94 - 6.29
Net Debt to EBITDA		 6.82 6.73 6.45 6.45 5.48 4.90 5.32 5.28 5.64 - 5.98
Long-Term Debt to EBITDA		 7.23 7.34 6.86 6.85 6.14 5.85 5.65 6.01 5.94 - 6.29
Debt to NOPAT		 17.67 19.10 17.36 18.07 15.79 14.48 14.18 14.86 14.81 - 15.27
Net Debt to NOPAT		 16.67 17.52 16.33 17.01 14.08 12.13 13.36 13.07 14.06 - 14.52
Long-Term Debt to NOPAT		 17.67 19.10 17.36 18.07 15.79 14.48 14.18 14.86 14.81 - 15.27
Noncontrolling Interest Sharing Ratio		 41.97% 41.33% 22.87% 40.88% 38.43% 37.88% 38.05% 37.03% 17.39% - 35.89%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -120 -75 -38 -41 -97 -121 -122 -167 -113 - -124
Operating Cash Flow to CapEx		 115.27% 200.06% 113.20% 84.82% 66.95% 117.89% 65.02% 84.87% 69.02% - 89.04%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.17 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16 - 0.16
Fixed Asset Turnover		 0.20 0.20 0.20 0.19 0.19 0.20 0.20 0.20 0.20 - 0.20
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,364 1,397 1,389 1,413 1,473 1,531 1,520 1,593 1,599 - 1,656
Invested Capital Turnover		 0.17 0.16 0.17 0.16 0.16 0.16 0.17 0.17 0.17 - 0.17
Increase / (Decrease) in Invested Capital		 127 84 46 48 109 134 132 180 126 - 135
Enterprise Value (EV)		 1,797 1,881 1,981 2,041 2,304 2,309 2,437 2,315 1,901 - 2,275
Market Capitalization		 867 956 1,052 1,113 1,447 1,472 1,542 1,412 1,261 - 1,227
Book Value per Share		 $6.07 $6.24 $6.08 $6.34 $7.47 $7.52 $7.16 $7.26 $10.89 - $6.70
Tangible Book Value per Share		 $6.07 $6.24 $6.08 $6.34 $7.47 $7.52 $7.16 $7.26 $10.89 - $6.70
Total Capital		 1,364 1,397 1,389 1,413 1,473 1,531 1,520 1,593 1,599 - 1,656
Total Debt		 687 690 672 669 615 615 606 659 673 - 760
Total Long-Term Debt		 687 690 672 669 615 615 606 659 673 - 760
Net Debt		 648 633 632 629 548 515 571 580 638 - 722
Capital Expenditures (CapEx)		 33 14 17 22 25 23 20 29 34 - 23
Net Nonoperating Expense (NNE)		 8.38 -2.35 9.21 2.06 -1.15 7.64 4.76 5.03 3.53 - 3.83
Net Nonoperating Obligations (NNO)		 687 690 672 669 615 615 606 659 673 - 760
Total Depreciation and Amortization (D&A)		 15 15 15 16 15 16 17 16 18 - 19
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.09) $0.10 ($0.09) $0.01 $0.11 $0.00 $0.00 $0.03 $0.05 ($0.01) $0.03
Adjusted Weighted Average Basic Shares Outstanding		 65.08M 63.07M 69.13M 71.42M 75.61M 74.11M 82.39M 83.97M 84.99M 84.07M 85.00M
Adjusted Diluted Earnings per Share		 ($0.09) $0.10 ($0.09) $0.01 $0.11 $0.00 $0.00 $0.03 $0.05 ($0.01) $0.03
Adjusted Weighted Average Diluted Shares Outstanding		 65.08M 63.68M 69.13M 71.88M 76.56M 74.91M 83.34M 84.78M 85.48M 84.69M 85.37M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 66.40M 69.34M 70.40M 73.55M 78.90M 82.46M 84.08M 84.93M 85.23M 85.02M 85.17M
Normalized Net Operating Profit after Tax (NOPAT)		 6.88 6.24 7.59 5.07 8.23 8.83 6.70 8.84 8.97 - 8.06
Normalized NOPAT Margin		 12.23% 11.20% 12.81% 8.97% 13.57% 13.78% 10.95% 13.27% 13.41% - 12.24%
Pre Tax Income Margin		 -2.62% 20.24% -2.74% 9.18% 21.40% 7.81% 7.86% 11.47% 13.98% - 11.68%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 24,337.89% 838.05% 887.33% 539.35% 269.00% 364.90% 294.46% 284.68% 336.18% - 318.93%
Augmented Payout Ratio		 24,337.89% 838.05% 887.33% 539.35% 269.00% 364.90% 294.46% 284.68% 336.18% - 318.93%

Financials Breakdown Chart

Key Financial Trends

UMH Properties (NYSE: UMH) has shown several notable trends in its quarterly statements over the past four years (2022–2025). Below are the key points that may impact investors.

  • Revenue growth over time: Total revenue rose from about $47.8 million in 2022 Q4 to roughly $66–67 million in the 2025 Q3–Q4 period, indicating a multi-year uptrend in rental/income streams.
  • Positive operating cash flow in 2025: Net cash from continuing operating activities stayed positive across 2025 quarters, generally in the mid-teens to low-20s millions (e.g., about $12–24 million per quarter), signaling solid cash generation to support capex and financing needs.
  • Portfolio expansion driving asset growth: Total assets increased to about $1.63 billion by 2025 Q3, reflecting ongoing acquisitions and portfolio growth.
  • Strong financing access to support growth: The company issued substantial debt in multiple 2025 quarters (e.g., roughly $80–101 million per quarter), suggesting robust access to capital markets to fund investments.
  • Consistent but uneven earnings per share (EPS): Diluted EPS and per-share figures fluctuated quarter to quarter (e.g., Q3 2025 Diluted EPS around $0.05 vs. Q4 2025 Diluted EPS around -$0.01), reflecting financing items and non-operating adjustments rather than a uniform quarterly trend.
  • Volatility in net income to common shareholders: Net income to common shareholders has been variable (positive in some quarters, negative in others), largely due to distributions to preferred stock and noncontrolling interests rather than pure operating performance.
  • Significant capital expenditures (capex) drive investing cash outflows: Net cash from investing activities is consistently negative due to substantial purchases of property and equipment, with quarterly investing cash flow frequently in the mid-to-high tens of millions (e.g., -$44m to -$64m in recent quarters).
  • High preferred stock dividends pressuring net income to common: Preferred stock dividends declared are sizable (roughly $5.1 million per quarter in recent periods), which reduces earnings available to common shareholders even when operating results are positive.
  • Debt levels and leverage considerations: Long-term debt sits around the $670–680 million range with total liabilities near $700 million, implying a leverage profile typical for a REIT but sensitive to rising interest rates or financing costs.
  • Reliance on ongoing financing activity to fund growth: Substantial debt issuance and other financing activities have been key drivers of cash flow in 2025, suggesting the business model depends on continued access to external financing to sustain growth and capex.
05/25/26 08:09 PM ETAI Generated. May Contain Errors.

UMH Properties Financials - Frequently Asked Questions

According to the most recent income statement we have on file, UMH Properties' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

UMH Properties' net income appears to be on an upward trend, with a most recent value of $26.28 million in 2025, rising from $2.14 million in 2015. The previous period was $21.44 million in 2024. See where experts think UMH Properties is headed by visiting UMH Properties' forecast page.

Over the last 10 years, UMH Properties' total revenue changed from $81.72 million in 2015 to $261.75 million in 2025, a change of 220.3%.

UMH Properties' total liabilities were at $791.84 million at the end of 2025, a 22.2% increase from 2024, and a 123.6% increase since 2015.

In the past 10 years, UMH Properties' cash and equivalents has ranged from $4.22 million in 2016 to $116.18 million in 2021, and is currently $72.10 million as of their latest financial filing in 2025.


Related Companies

Financial statements for NYSE:UMH last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
SpaceX eyes a 1.75 trillion valuation - here's what to know
Elon Musk's team has quietly filed confidential paperwork with the SEC for what Bloomberg estimates could be a...
Brownstone Research | Sponsoredtc pixel
$30 stock to buy before Starlink goes public (WATCH NOW!)
In the next 3 minutes… James Altucher – legendary investor and venture capitalist… And someone who’s kno...
Paradigm Press | Sponsoredtc pixel
Your book attached
Bill Poulos is giving away his 'Safe Trade Options Formula' book for free - but only for a limited time throug...
Profits Run | Sponsoredtc pixel
My feud with Zohran Mamdani
Emmy-winning analyst releases his next big story Whitney Tilson shocked the nation on 60 Minutes when he ac...
Stansberry Research | Sponsoredtc pixel
SpaceX IPO hides a much bigger story
The SpaceX IPO could be the biggest in history at $1.75 trillion - but the real story isn't the IPO itself. ...
Weiss Ratings | Sponsoredtc pixel
SpaceX will mint billionaires. You won't be one of them.
By the time a company goes public, 95% of profits have already been made. Insiders bought SpaceX at $20 billio...
Behind the Markets | Sponsoredtc pixel
Satellite Images Spot Potential $10 Trillion Discovery
'Dark Energy': Elon Musk's Next Potential $10 Trillion Move A highly secure site in West Texas now houses a...
Altimetry | Sponsoredtc pixel
Hey, it's Jon Najarian. The SpaceX IPO is right around the corner. But I discovered Elon may have something BIGGER planned. Check this out before June 9th...
After being invited to the SpaceX launch headquarters in Cape Canaveral from one of Elon's top lobbyists… Hall...
Banyan Hill Publishing | Sponsoredtc pixel