Elme Communities (ELME) Cost of Revenue (2017 - 2021)
Elme Communities (ELME) reported Cost of Revenue of $16.2 million for Q2 2021, down 2.16% on a YoY basis from $16.6 million in Q2 2020, and down 39.2% sequentially from $26.7 million in Q1 2021.
Elme Communities (ELME) Cost of Revenue (2017 - 2021) Analysis & Trends
Elme Communities (ELME) has 5 years of Cost of Revenue data on file, last reported at $16.2 million in Q2 2021.
- For the quarter ending Q2 2021, Cost of Revenue fell 2.16% year-over-year to $16.2 million; the trailing twelve-month figure through Jun 2021 stood at $100.3 million (down 5.84% YoY), and the FY2020 full-year result was $112.9 million, down 2.31% from the prior year.
- Cost of Revenue eased to $16.2 million in Q2 2021, from $26.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $30.7 million in Q3 2019 to a low of $16.2 million in Q2 2021.
- A 5-year average of $26.2 million and a median of $27.5 million in 2018 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue surged 33.61% in 2018 and tumbled 41.04% in 2020, its largest moves.
- Tracing ELME's Cost of Revenue over 5 years: stood at $19.2 million in 2017, then surged by 33.61% to $25.7 million in 2018, then grew by 19.32% to $30.6 million in 2019, then fell by 6.2% to $28.7 million in 2020, then slumped by 43.48% to $16.2 million in 2021.
- Business Quant data shows ELME's Cost of Revenue at $16.2 million in Q2 2021, $26.7 million in Q1 2021, and $28.7 million in Q4 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.28 Bn | 26.28 Bn | - | - |
| 2 | Equity Residential | 25.58 Bn | 25.58 Bn | - | - |
| 3 | Invitation Homes | 17.96 Bn | 17.96 Bn | 694.98 Mn | 39.13 Mn |
| 4 | Mid America Apartment Communities | 15.60 Bn | 15.46 Bn | 537.05 Mn | 18.51 Mn |
| 5 | Sun Communities | 14.85 Bn | 14.85 Bn | 491.20 Mn | 16.70 Mn |
| 6 | Udr | 12.92 Bn | 12.88 Bn | 416.43 Mn | 9.42 Mn |
| 7 | Equity Lifestyle Properties | 12.65 Bn | 12.65 Bn | 378.95 Mn | 18.67 Mn |
| 8 | American Homes 4 Rent | 12.18 Bn | 12.18 Bn | - | 25.59 Mn |
| 9 | Camden Property Trust | 11.83 Bn | 11.83 Bn | - | - |
| 10 | Elme Communities | 143.15 Mn | -1.19 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2021 | 16.23 Mn |
| Jun 30, 2021 | 16.23 Mn |
| Mar 31, 2021 | 26.69 Mn |
| Mar 31, 2021 | 26.69 Mn |
| Dec 31, 2020 | 28.71 Mn |
| Dec 31, 2020 | 28.71 Mn |
| Sep 30, 2020 | 28.67 Mn |
| Sep 30, 2020 | 28.67 Mn |
| Jun 30, 2020 | 16.59 Mn |
| Jun 30, 2020 | 16.59 Mn |
| Mar 31, 2020 | 28.64 Mn |
| Mar 31, 2020 | 28.64 Mn |
| Dec 31, 2019 | 30.61 Mn |
| Dec 31, 2019 | 30.61 Mn |
| Sep 30, 2019 | 30.69 Mn |
| Sep 30, 2019 | 30.69 Mn |
| Jun 30, 2019 | 28.13 Mn |
| Jun 30, 2019 | 28.13 Mn |
| Mar 31, 2019 | 26.14 Mn |
| Mar 31, 2019 | 26.14 Mn |