UMH Properties (UMH) financial statements
UMH Properties reported revenue of $35M in fiscal 2025, up 17.0% a year over 9 years.
Net income was $6M.
The diluted share count rose 205% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from UMH Properties's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9M | $11M | $16M | $18M | $20M | $27M | $25M | $31M | $34M | $35M |
| Cost of revenue | $6M | $8M | $12M | $13M | $14M | — | — | — | — | — |
| Gross profit | $2M | $2M | $4M | $5M | $6M | — | — | — | — | — |
| Selling, general and admin | $11M | $13M | $15M | $15M | $16M | $19M | $24M | $27M | $29M | $29M |
| Net income | $12M | $13M | -$36M | $28M | $5M | $51M | -$36M | -$9M | $2M | $6M |
| EPS (diluted) | -$0.10 | $0.39 | -$0.98 | $0.69 | -$0.72 | $0.45 | -$0.67 | -$0.15 | $0.03 | $0.07 |
| Diluted shares | 28M | 33M | 37M | 40M | 41M | 47M | 55M | 64M | 75M | 85M |
| Gross margin | 24.2% | 21.9% | 25.6% | 28.0% | 28.9% | — | — | — | — | — |
| Net margin | 135.2% | 116.8% | -229.9% | 154.3% | 24.9% | 188.6% | -143.1% | -28.0% | 7.4% | 17.0% |
Balance sheet
Fiscal years, from UMH Properties's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $4M | $23M | $7M | $13M | $15M | $116M | $30M | $57M | $100M | $72M |
| Total assets | $680M | $824M | $881M | $1.0B | $1.1B | $1.3B | $1.3B | $1.4B | $1.6B | $1.7B |
| Total liabilities | $363M | $403M | $456M | $479M | $588M | $529M | $793M | $721M | $648M | $792M |
| Shareholders' equity | $317M | $421M | $425M | $546M | $502M | $742M | $549M | $705M | $914M | $906M |
| Net debt | -$4M | -$23M | -$7M | -$13M | -$15M | -$116M | -$30M | -$57M | -$100M | -$72M |
Cash flow
Fiscal years, from UMH Properties's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $29M | $41M | $40M | $39M | $67M | $65M | -$7M | $120M | $82M | $82M |
| Capital spending | $58M | $62M | $53M | $65M | $77M | — | — | — | — | — |
| Free cash flow | -$29M | -$21M | -$13M | -$26M | -$10M | — | — | — | — | — |
| Stock-based compensation | $1M | $1M | $2M | $2M | $1M | $3M | $5M | $5M | $5M | $5M |
| Dividends paid | $18M | $21M | $22M | $21M | $27M | $32M | $41M | $49M | $59M | $71M |
| Share buybacks (net) | — | $0 | $0 | -$237,000 | -$2M | $0 | $0 | $0 | $0 | -$5M |
| Net borrowing | -$25M | $26M | $24M | -$24M | $3M | -$40M | $107M | -$60M | -$65M | -$1M |
| Free cash flow margin | -339.6% | -195.0% | -81.2% | -144.7% | -49.0% | — | — | — | — | — |
| Dividends per share | $0.63 | $0.64 | $0.58 | $0.53 | $0.64 | $0.66 | $0.73 | $0.77 | $0.79 | $0.84 |
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What was UMH Properties's revenue in 2025?
$35M in fiscal 2025, from its 10-K filing.
From UMH Properties's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.