UMH
UMH Properties Inc
NYSE: UMH · REAL ESTATE · REIT - RESIDENTIAL
$15.42
-1.22% today
Updated 2026-04-29
Market cap
$1.31B
P/E ratio
220.29
P/S ratio
5.03x
EPS (TTM)
$0.07
Dividend yield
5.70%
52W range
$14 – $17
Volume
0.6M
UMH Properties Inc (UMH) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $42.64M | $38.84M | $36.66M | $32.02M | $34.01M | $39.31M | $46.83M | $62.21M | $71.43M | $81.52M | $99.21M | $112.65M | $129.59M | $146.59M | $163.61M | $186.12M | $195.78M | $220.93M | $240.55M | $261.75M |
| Revenue growth (YoY) | — | -8.9% | -5.6% | -12.7% | +6.2% | +15.6% | +19.1% | +32.8% | +14.8% | +14.1% | +21.7% | +13.5% | +15.0% | +13.1% | +11.6% | +13.8% | +5.2% | +12.8% | +8.9% | +8.8% |
| Cost of revenue | $24.71M | $23.00M | $21.31M | $18.26M | $20.59M | $23.51M | $28.47M | $36.35M | $39.42M | $42.11M | $49.10M | $56.32M | $64.66M | $74.65M | $77.59M | $88.14M | $93.22M | $102.43M | $109.25M | $251.66M |
| Gross profit | $17.94M | $15.84M | $15.35M | $13.76M | $13.42M | $15.81M | $18.36M | $25.86M | $32.01M | $39.41M | $50.11M | $56.33M | $64.92M | $71.94M | $86.02M | $97.99M | $102.55M | $118.49M | $131.30M | $10.10M |
| Gross margin | 42.1% | 40.8% | 41.9% | 43.0% | 39.5% | 40.2% | 39.2% | 41.6% | 44.8% | 48.3% | 50.5% | 50.0% | 50.1% | 49.1% | 52.6% | 52.6% | 52.4% | 53.6% | 54.6% | 3.9% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $5.33M | $5.30M | $4.62M | $3.12M | $3.25M | $3.98M | $5.14M | $6.24M | $6.47M | $7.35M | $8.00M | $9.65M | $10.88M | $10.05M | $11.06M | $14.10M | $18.98M | $19.70M | $20.93M | $21.54M |
| Operating income | $8.96M | $6.70M | $6.47M | $5.11M | $3.28M | $9.44M | $12.28M | $13.69M | $14.43M | $15.39M | $26.97M | $28.55M | $-20.18M | $20.01M | $28.31M | $33.96M | $29.52M | $36.12M | $42.46M | $45.55M |
| Operating margin | 21.0% | 17.3% | 17.7% | 16.0% | 9.6% | 24.0% | 26.2% | 22.0% | 20.2% | 18.9% | 27.2% | 25.3% | -15.6% | 13.6% | 17.3% | 18.2% | 15.1% | 16.4% | 17.7% | 17.4% |
| EBITDA | $12.61M | $10.54M | $8.13M | $9.50M | $11.64M | $15.40M | $10.96M | $25.37M | $22.56M | $29.27M | $39.25M | $43.59M | $50.27M | $82.37M | $65.05M | $115.37M | $70.24M | $96.05M | $108.97M | $122.51M |
| EBITDA margin | 29.6% | 27.1% | 22.2% | 29.7% | 34.2% | 39.2% | 23.4% | 40.8% | 31.6% | 35.9% | 39.6% | 38.7% | 38.8% | 56.2% | 39.8% | 62.0% | 35.9% | 43.5% | 45.3% | 46.8% |
| EBIT | $8.96M | $6.70M | $3.88M | $5.42M | $7.12M | $9.44M | $3.60M | $13.69M | $7.39M | $10.40M | $-44.46M | $-53.58M | $-112.97M | $45.55M | $23.34M | $70.25M | $21.47M | $40.33M | $48.73M | $55.96M |
| Interest expense | $5.84M | $2.63M | $1.53M | $4.46M | $5.18M | $5.74M | $5.80M | $7.85M | $10.72M | $14.07M | $15.43M | $15.88M | $16.04M | $17.80M | $18.29M | $19.16M | $26.44M | $32.48M | $27.29M | $29.68M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $5.84M | $2.63M | $1.53M | $3.69M | $6.67M | $3.70M | $6.47M | $5.84M | $4.24M | $2.14M | $11.53M | $12.67M | $-36.22M | $27.75M | $5.05M | $51.09M | $-4.85M | $8.01M | $21.64M | $26.50M |
| Net income growth (YoY) | — | -54.9% | -42.0% | +141.6% | +80.8% | -44.6% | +75.2% | -9.8% | -27.4% | -49.4% | +437.9% | +9.8% | -385.9% | +176.6% | -81.8% | +910.6% | -109.5% | +265.0% | +170.1% | +22.5% |
| Profit margin | 13.7% | 6.8% | 4.2% | 11.5% | 19.6% | 9.4% | 13.8% | 9.4% | 5.9% | 2.6% | 11.6% | 11.2% | -27.9% | 18.9% | 3.1% | 27.4% | -2.5% | 3.6% | 9.0% | 10.1% |