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UMH Properties (UMH Properties) Net Income : $7.9 Mil (TTM As of Mar. 2024)


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What is UMH Properties Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. UMH Properties's Net Income for the three months ended in Mar. 2024 was $-1.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $7.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. UMH Properties's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.09.


UMH Properties Net Income Historical Data

The historical data trend for UMH Properties's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

UMH Properties Net Income Chart

UMH Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.75 5.06 51.09 -4.85 8.01

UMH Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.46 -0.37 -1.47 11.30 -1.59

UMH Properties Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

UMH Properties's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=7.851+0+0+0.158
=8.0

UMH Properties's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.625+0+0+0.034
=-1.6

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


UMH Properties  (NYSE:UMH) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

UMH Properties's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


UMH Properties Net Income Related Terms

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UMH Properties (UMH Properties) Business Description

Traded in Other Exchanges
Address
3499 Route 9, Suite 3C, Freehold, NJ, USA, 07728
UMH Properties Inc together with its subsidiaries is a real estate investment trust. It is engaged in the business of ownership and operation of manufactured home communities - leasing manufactured homesites to private manufactured home owners. It also leases homes to residents. The company also owns the land, utility connections, streets, lighting, driveways, common area amenities, and other capital improvements. It earns income from leasing, brokerage, and appreciation. It is located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, and Maryland.
Executives
Quigley Kenneth K Jr director
Jeffrey A Carus director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Kiernan Conway director 3499 RT. 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Samuel A Landy director, officer: President 3499 ROUTE 9 NORTH, STE 3C, FREEDHOLD NJ 07728
Daniel O. Landy other: EVP and President of OZ Fund 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Matthew I Hirsch director 3499 ROUTE 9 NORTH, STE 3C, FREEDHOLD NJ 07728
Brett Taft officer: EVP and COO 3499 ROUTE 9 , SUITE 3C, FREEHOLD NJ 07728
Craig Koster officer: EVP and General Counsel 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Amy Lynn Butewicz director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Stuart Levy director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Angela D. Pruitt director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
William Edward Mitchell director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Steven B Wolgin director
Michael P Landy officer: Vice President - Investments 3499 ROUTE 9 N STE 3-C, FREEHOLD NJ 07728
Eugene W Landy director, 10 percent owner, officer: Chairman of the Board 3499 ROUTE 9 NORTH SUITE 3C, FREEHOLD NJ 07728