Filing Flows › UMH Properties (UMH) › Q1 2025
UMH Properties (UMH) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
UMH Properties (UMH) reported revenue of $61.2M for the first quarter 2025 (Q1 2025), +6% from a year earlier and -1% from the quarter before. Operating margin was 7.9%, net earnings $4.8M (7.9% of revenue).
UMH Properties, Q1 2025: revenue $61.2M (+6% year over year), operating margin 7.9%, net earnings $4.8M, operating cash flow $12.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.2M | -1% | +6% |
| Operating profit | $4.8M | -3% | — |
| Net earnings | $4.8M | -3% | — |
| Operating cash flow | $12.8M | -53% | -33% |
What changed
Revenue was $61.2M in Q1 2025, up 6% year over year and down 1% from the previous quarter.
Operating profit was $4.8M, a 7.9% margin (up 10.7 points year over year). Total costs fell 5% while revenue rose 6%. The fastest-growing cost line was General & admin (+12%). Net earnings were −$271K. The effective tax rate was 0.0%.
Operating cash flow was $12.8M (down 33% year over year), 266% of net income including minority interests. Non-cash charges added back $16.7M of depreciation and $1.8M of share-based compensation. Working capital and other items used $10.5M. Capital expenditures of $20.7M exceeded it, leaving free cash flow of −$7.9M.
Questions
What was UMH Properties' revenue in the first quarter 2025?
UMH Properties (UMH) reported revenue of $61.2M for the first quarter 2025 (Q1 2025), +6% from a year earlier and -1% from the quarter before.
Was UMH Properties profitable in the first quarter 2025?
Operating profit was $4.8M (7.9% of revenue) and net earnings $4.8M.
Source: UMH Properties 10-Q on SEC EDGAR.