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Side-by-side financial comparison of Elme Communities (ELME) and UMH PROPERTIES, INC. (UMH). Click either name above to swap in a different company.

UMH PROPERTIES, INC. is the larger business by last-quarter revenue ($67.0M vs $62.1M, roughly 1.1× Elme Communities). UMH PROPERTIES, INC. runs the higher net margin — 6.8% vs -198.9%, a 205.7% gap on every dollar of revenue. On growth, UMH PROPERTIES, INC. posted the faster year-over-year revenue change (8.2% vs 1.7%). Over the past eight quarters, UMH PROPERTIES, INC.'s revenue compounded faster (7.8% CAGR vs 2.7%).

Elme Communities is a publicly traded U.S. real estate investment trust that primarily owns, operates and develops high-quality multifamily residential communities. It focuses on key growth markets across the U.S. Mid-Atlantic and Southeast, offering affordable to mid-tier housing options for diverse renter groups.

UMH Properties, Inc. is a public equity real estate investment trust (REIT) that owns and operates a portfolio of 135 manufactured home communities with approximately 25,700 developed homesites. These communities are located in 12 states: New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama, South Carolina, Georgia, and Florida. UMH also owns and operates two communities in Florida through its joint venture with Nuveen Real Estate.

ELME vs UMH — Head-to-Head

Bigger by revenue
UMH
UMH
1.1× larger
UMH
$67.0M
$62.1M
ELME
Growing faster (revenue YoY)
UMH
UMH
+6.5% gap
UMH
8.2%
1.7%
ELME
Higher net margin
UMH
UMH
205.7% more per $
UMH
6.8%
-198.9%
ELME
Faster 2-yr revenue CAGR
UMH
UMH
Annualised
UMH
7.8%
2.7%
ELME

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ELME
ELME
UMH
UMH
Revenue
$62.1M
$67.0M
Net Profit
$-123.5M
$4.6M
Gross Margin
61.1%
Operating Margin
-183.3%
Net Margin
-198.9%
6.8%
Revenue YoY
1.7%
8.2%
Net Profit YoY
-4058.7%
-8.1%
EPS (diluted)
$-1.40
$-0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ELME
ELME
UMH
UMH
Q4 25
$67.0M
Q3 25
$62.1M
$66.9M
Q2 25
$62.1M
$66.6M
Q1 25
$61.5M
$61.2M
Q4 24
$61.3M
$61.9M
Q3 24
$61.1M
$60.7M
Q2 24
$60.1M
$60.3M
Q1 24
$59.5M
$57.7M
Net Profit
ELME
ELME
UMH
UMH
Q4 25
$4.6M
Q3 25
$-123.5M
$9.3M
Q2 25
$-3.6M
$7.6M
Q1 25
$-4.7M
$4.8M
Q4 24
$-3.0M
$5.0M
Q3 24
$-3.0M
$12.9M
Q2 24
$-3.5M
$5.2M
Q1 24
$-3.6M
$-1.6M
Gross Margin
ELME
ELME
UMH
UMH
Q4 25
Q3 25
61.1%
Q2 25
63.5%
Q1 25
64.2%
Q4 24
62.9%
Q3 24
63.5%
Q2 24
63.4%
Q1 24
63.5%
Operating Margin
ELME
ELME
UMH
UMH
Q4 25
Q3 25
-183.3%
Q2 25
9.6%
Q1 25
7.8%
Q4 24
10.4%
Q3 24
11.0%
Q2 24
9.8%
Q1 24
7.5%
Net Margin
ELME
ELME
UMH
UMH
Q4 25
6.8%
Q3 25
-198.9%
13.9%
Q2 25
-5.7%
11.4%
Q1 25
-7.6%
7.9%
Q4 24
-4.9%
8.0%
Q3 24
-4.9%
21.3%
Q2 24
-5.8%
8.6%
Q1 24
-6.1%
-2.8%
EPS (diluted)
ELME
ELME
UMH
UMH
Q4 25
$-0.01
Q3 25
$-1.40
$0.05
Q2 25
$-0.04
$0.03
Q1 25
$-0.05
$0.00
Q4 24
$-0.04
$0.00
Q3 24
$-0.03
$0.11
Q2 24
$-0.04
$0.01
Q1 24
$-0.04
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ELME
ELME
UMH
UMH
Cash + ST InvestmentsLiquidity on hand
$7.1M
$72.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$908.9M
$905.5M
Total Assets
$1.7B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELME
ELME
UMH
UMH
Q4 25
$72.1M
Q3 25
$7.1M
$34.1M
Q2 25
$4.8M
$79.2M
Q1 25
$6.4M
$35.2M
Q4 24
$6.1M
$99.7M
Q3 24
$4.8M
$66.7M
Q2 24
$5.6M
$39.5M
Q1 24
$4.2M
$39.9M
Stockholders' Equity
ELME
ELME
UMH
UMH
Q4 25
$905.5M
Q3 25
$908.9M
$924.7M
Q2 25
$1.0B
$932.0M
Q1 25
$1.1B
$912.4M
Q4 24
$1.1B
$914.0M
Q3 24
$1.1B
$856.5M
Q2 24
$1.1B
$742.0M
Q1 24
$1.1B
$715.1M
Total Assets
ELME
ELME
UMH
UMH
Q4 25
$1.7B
Q3 25
$1.7B
$1.6B
Q2 25
$1.8B
$1.6B
Q1 25
$1.8B
$1.5B
Q4 24
$1.8B
$1.6B
Q3 24
$1.9B
$1.5B
Q2 24
$1.9B
$1.4B
Q1 24
$1.9B
$1.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ELME
ELME
UMH
UMH
Operating Cash FlowLast quarter
$15.9M
$82.0M
Free Cash FlowOCF − Capex
$7.2M
FCF MarginFCF / Revenue
11.6%
Capex IntensityCapex / Revenue
14.0%
Cash ConversionOCF / Net Profit
17.92×
TTM Free Cash FlowTrailing 4 quarters
$86.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELME
ELME
UMH
UMH
Q4 25
$82.0M
Q3 25
$15.9M
$23.4M
Q2 25
$29.8M
$24.4M
Q1 25
$16.2M
$12.8M
Q4 24
$95.2M
$81.6M
Q3 24
$20.7M
$16.7M
Q2 24
$28.9M
$18.6M
Q1 24
$21.2M
$19.0M
Free Cash Flow
ELME
ELME
UMH
UMH
Q4 25
Q3 25
$7.2M
Q2 25
$21.1M
Q1 25
$10.5M
Q4 24
$47.9M
Q3 24
$8.8M
Q2 24
$21.0M
Q1 24
$7.6M
FCF Margin
ELME
ELME
UMH
UMH
Q4 25
Q3 25
11.6%
Q2 25
34.1%
Q1 25
17.1%
Q4 24
78.1%
Q3 24
14.4%
Q2 24
34.9%
Q1 24
12.8%
Capex Intensity
ELME
ELME
UMH
UMH
Q4 25
Q3 25
14.0%
Q2 25
14.0%
Q1 25
9.2%
Q4 24
77.4%
Q3 24
19.4%
Q2 24
13.1%
Q1 24
22.9%
Cash Conversion
ELME
ELME
UMH
UMH
Q4 25
17.92×
Q3 25
2.53×
Q2 25
3.21×
Q1 25
2.66×
Q4 24
16.39×
Q3 24
1.30×
Q2 24
3.58×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ELME
ELME

Residential Segment$57.7M93%
Other$4.4M7%

UMH
UMH

Segment breakdown not available.

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