UMH Properties, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $9.5M | $7.7M | $4.6M | $9.3M | $7.6M | $4.8M | $5.0M | $12.9M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $18.3M | $18.0M | $17.3M | $16.8M | $15.7M | $16.7M | $15.8M | $14.7M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $972.0K | $1.2M | $1.0M | $701.0K | $1.8M | $1.8M | $1.1M | $1.2M |
| Net Cash from Operating Activities | $24.8M | $20.8M | $21.3M | $23.4M | $24.4M | $12.8M | $27.3M | $16.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $33.5M | $24.4M | $28.9M | $35.0M | $29.8M | $20.7M | $24.5M | $26.5M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-45.7M | $-33.2M | $-44.5M | $-64.1M | $-44.2M | $-56.4M | $-42.9M | $-38.3M |
| Financing Activities | ||||||||
| Dividends Paid | $18.3M | $18.1M | $18.0M | $18.2M | $18.1M | $16.9M | $16.1M | $15.1M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $13.5M | $-22.6M | $62.0M | $-4.7M | $60.8M | $-18.7M | $50.0M | $45.1M |
| Net Change in Cash | $-7.4M | $-35.0M | $38.8M | $-45.4M | $41.0M | $-62.3M | $34.4M | $23.5M |
| Free Cash Flow | $-8.7M | $-3.6M | $-7.6M | $-11.5M | $-5.4M | $-7.9M | $2.7M | $-9.8M |