Elme Communities (ELME) Cost of Revenue (2017 - 2021)
Elme Communities (ELME) posted quarterly Cost of Revenue of $16.2 million for Q2 2021, down 2.16% year-over-year from $16.6 million in Q2 2020, and down 39.2% on a QoQ basis from $26.7 million in Q1 2021.
Elme Communities (ELME) Cost of Revenue (2017 - 2021) Analysis & Trends
Elme Communities has reported Cost of Revenue for 5 years, with the latest figure at $16.2 million in Q2 2021.
- Cost of Revenue for Q2 2021 came in at $16.2 million, down 2.16% year-over-year; the trailing twelve-month figure through Jun 2021 was $100.3 million (down 5.84% YoY), and the FY2020 annual result was $112.9 million, down 2.31% from the prior year.
- Cost of Revenue retreated to $16.2 million in Q2 2021, from $26.7 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $30.7 million in Q3 2019 and troughed at $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.
- The widest annual swing landed in 2018, when Cost of Revenue surged 33.61%; it then sank 41.04% in 2020.
- A 5-year view of Cost of Revenue shows it stood at $19.2 million in 2017, then surged by 33.61% to $25.7 million in 2018, then gained by 19.32% to $30.6 million in 2019, then slipped by 6.2% to $28.7 million in 2020, then tumbled by 43.48% to $16.2 million in 2021.
- Per Business Quant data, the three most recent Cost of Revenue figures were $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 | 26.11 Bn | 26.32 Bn | - | - |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.81 Bn | 17.81 Bn | 705.34 Mn | 42.22 Mn |
| 4 | Mid America Apartment Communities | 15.25 Bn | 15.12 Bn | 537.17 Mn | 17.96 Mn |
| 5 | Sun Communities | 14.88 Bn | 14.88 Bn | 460.10 Mn | 24.50 Mn |
| 6 | Equity Lifestyle Properties | 12.64 Bn | 12.64 Bn | 375.97 Mn | 21.85 Mn |
| 7 | American Homes 4 Rent | 12.38 Bn | 12.38 Bn | - | 161.94 Mn |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | 12.97 Mn |
| 9 | Camden Property Trust | 10.98 Bn | 10.98 Bn | - | - |
| 10 | Elme Communities | 147.11 Mn | -1.18 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 |