UDR vs UMH Properties
UDR is the larger business, with $1.71bn of revenue in fiscal 2025 against $262m for UMH Properties (6.5 times as much). UMH Properties grew faster (8.8% against 2.4%). UDR kept more of each dollar of sales as profit: a net margin of 22.1% against 2.3%. UMH Properties carries less debt relative to equity (61.4% against 177.5%).
| Latest fiscal year | UDRUDR, 2025 | UMH PropertiesUMH, 2025 |
|---|---|---|
| Revenue | $1.71bn | $262m |
| Revenue growth | 2.4% | 8.8% |
| Net income | $378m | $6.0m |
| Operating margin | 32.3% | — |
| Net margin | 22.1% | 2.3% |
| Return on equity | 11.2% | 0.7% |
| Free cash flow | $650m | −$32.4m |
| Cash | $1.2m | $72.1m |
| Total debt | $5.84bn | $556m |
| Debt to equity | 177.5% | 61.4% |
| Dividend per share | $1.72 | $0.89 |
| Dividend yield | 4.9% | 5.5% |
| Share buybacks | $118m | $4.8m |
| Employees | 1,420 | 540 |
| Market value | $11.55bn | $1.25bn |
| Price vs our value range | — | — |
| Moat score | 61 (Moderate) | 14 (Weak) |
| Insider trades, 12 months | 0 buys, 1 sales | 17 buys, 1 sales |