Umh Properties (UMH) Operating Expenses (2010 - 2026)
Umh Properties (UMH) recorded Operating Expenses of $58.19 million in Q2 2026, up 7.7% from $54.01 million a year earlier and up 7.1% from the prior quarter.
Umh Properties (UMH) Operating Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Umh Properties' Operating Expenses came in at $220.79 million as of Jun 30, 2026, up 7.2% year-over-year; for FY2025, it was $213.94 million, up 8.0% from FY2024.
- Annual Operating Expenses has increased for 16 straight years, with a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $198.09 million in FY2024 (+7.2%), $184.8 million in FY2023 (+11.2%), $166.25 million in FY2022 (+9.3%) and $152.16 million in FY2021 (+12.5%).
- The Q2 2026 figure is the highest quarterly Operating Expenses in data going back to Q2 2010.
- On a year-over-year basis, Operating Expenses has increased for 46 consecutive quarters, with growth averaging 7.6% over the last eight quarters.
- The year-over-year growth in Operating Expenses has ranged between 3.3% (Q2 2022) and 19.6% (Q1 2023) over the last five years.
- Per Business Quant, the preceding three quarters came in at $54.32 million (Q1 2026), $54.18 million (Q4 2025) and $54.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 1.47 Bn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 900.79 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 1.19 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 766.20 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.68 Bn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 481.97 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 315.61 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 566.18 Mn |
| 10 | Umh Properties | 1.31 Bn | 1.14 Bn | - | 58.19 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.19 Mn |
| Mar 31, 2026 | 54.32 Mn |
| Dec 31, 2025 | 54.18 Mn |
| Sep 30, 2025 | 54.10 Mn |
| Jun 30, 2025 | 54.01 Mn |
| Mar 31, 2025 | 51.65 Mn |
| Dec 31, 2024 | 51.47 Mn |
| Sep 30, 2024 | 48.91 Mn |
| Jun 30, 2024 | 49.31 Mn |
| Mar 31, 2024 | 48.41 Mn |
| Dec 31, 2023 | 46.76 Mn |
| Sep 30, 2023 | 46.44 Mn |
| Jun 30, 2023 | 46.37 Mn |
| Mar 31, 2023 | 45.24 Mn |
| Dec 31, 2022 | 42.58 Mn |
| Sep 30, 2022 | 44.59 Mn |
| Jun 30, 2022 | 41.26 Mn |
| Mar 31, 2022 | 37.82 Mn |
| Dec 31, 2021 | 37.50 Mn |
| Sep 30, 2021 | 38.53 Mn |
Umh Properties Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=UMH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "UMH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=UMH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();