UMH Properties, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $261.8M | $240.6M | $220.9M | $195.8M | $186.1M | $163.6M | $146.6M | $129.6M |
| Cost of Revenue | — | — | — | — | — | $14.4M | $12.9M | $11.7M |
| Gross Profit | — | — | — | — | — | $149.2M | $133.7M | $117.9M |
| Gross Margin | — | — | — | — | — | 91.2% | 91.2% | 91.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $21.5M | $21.8M | $19.7M | $19.0M | $14.1M | $11.1M | $10.0M | $10.9M |
| Operating Income | — | — | — | — | — | — | — | — |
| Operating Margin | — | — | — | — | — | — | — | — |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $26.3M | $21.4M | $7.9M | $-5.0M | $51.1M | $5.1M | $27.8M | $-36.2M |
| Net Margin | 10.0% | 8.9% | 3.6% | -2.5% | 27.4% | 3.1% | 18.9% | -27.9% |
| EPS (Basic) | $0.07 | $0.03 | $-0.15 | $-0.67 | $0.46 | $-0.72 | $0.70 | $-0.98 |
| EPS (Diluted) | $0.07 | $0.03 | $-0.15 | $-0.67 | $0.45 | $-0.72 | $0.69 | $-0.98 |
| Shares Outstanding (Basic) | 84.1M | 74.1M | 63.1M | 54.4M | 46.3M | 41.4M | 39.9M | 36.9M |
| Shares Outstanding (Diluted) | 84.7M | 74.9M | 63.7M | 55.3M | 47.4M | 41.4M | 40.2M | 36.9M |
| Dividends Per Share | $0.89 | $0.85 | $0.82 | $0.80 | $0.76 | $0.72 | $0.72 | $0.72 |