Essex Property Trust vs UMH Properties
Essex Property Trust is the larger business, with $1.89bn of revenue in fiscal 2025 against $262m for UMH Properties (7.2 times as much). UMH Properties grew faster (8.8% against 6.4%). Essex Property Trust kept more of each dollar of sales as profit: a net margin of 35.5% against 2.3%. UMH Properties carries less debt relative to equity (61.4% against 122.7%).
| Latest fiscal year | Essex Property TrustESS, 2025 | UMH PropertiesUMH, 2025 |
|---|---|---|
| Revenue | $1.89bn | $262m |
| Revenue growth | 6.4% | 8.8% |
| Net income | $670m | $6.0m |
| Operating margin | 47.6% | — |
| Net margin | 35.5% | 2.3% |
| Return on equity | 12.1% | 0.7% |
| Free cash flow | $1.07bn | −$32.4m |
| Cash | $76.2m | $72.1m |
| Total debt | $6.80bn | $556m |
| Debt to equity | 122.7% | 61.4% |
| Dividend per share | $10.28 | $0.89 |
| Dividend yield | 3.9% | 5.5% |
| Share buybacks | $0 | $4.8m |
| Employees | 1,689 | 540 |
| Market value | $17.03bn | $1.25bn |
| Price vs our value range | — | — |
| Moat score | 76 (Strong) | 14 (Weak) |
| Insider trades, 12 months | 0 buys, 1 sales | 17 buys, 1 sales |