Elme Communities (ELME) Cost of Revenue (2017 - 2021)
Elme Communities' Cost of Revenue came in at $16.23 million for Q2 2021, down 2.2% from $16.59 million a year earlier and down 39.2% from the prior quarter.
Elme Communities (ELME) Cost of Revenue (2017 - 2021) Analysis & Trends
Over the trailing twelve months to Jun 30, 2021, Elme Communities reported Cost of Revenue of $100.31 million, down 5.8% year-over-year; for FY2020, it was $112.91 million, down 2.3% from FY2019.
- Cost of Revenue carries a four-year compound annual growth rate of -0.5% (FY2016 to FY2020).
- Going back by year, Cost of Revenue was $115.58 million in FY2019 (+9.5%), $105.59 million in FY2018 (+0.2%), $105.4 million in FY2017 (-8.4%) and $115.01 million in FY2016.
- The Q2 2021 figure represents the lowest quarterly Cost of Revenue in data going back to Q3 2017.
- Year-over-year, Cost of Revenue has declined for five consecutive quarters, with an average decline of 2.0% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q4 2018 (growth of 33.6%), and the weakest in Q2 2020 (a decline of 41.0%).
- Business Quant data shows ELME's Cost of Revenue at $26.69 million (Q1 2021), $28.71 million (Q4 2020) and $28.67 million (Q3 2020) in the three quarters before Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn | 2.15 Bn |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - | - |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - | - |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - | - |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - | - |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - | - |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn | 231.72 Mn |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn | 7.40 Mn |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - | - |
| 10 | Elme Communities | 155.50 Mn | -1.20 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2021 | 16.23 Mn |
| Mar 31, 2021 | 26.69 Mn |
| Dec 31, 2020 | 28.71 Mn |
| Sep 30, 2020 | 28.67 Mn |
| Jun 30, 2020 | 16.59 Mn |
| Mar 31, 2020 | 28.64 Mn |
| Dec 31, 2019 | 30.61 Mn |
| Sep 30, 2019 | 30.69 Mn |
| Jun 30, 2019 | 28.13 Mn |
| Mar 31, 2019 | 26.14 Mn |
| Dec 31, 2018 | 25.65 Mn |
| Sep 30, 2018 | 25.99 Mn |
| Jun 30, 2018 | 26.92 Mn |
| Mar 31, 2018 | 29.90 Mn |
| Dec 31, 2017 | 19.20 Mn |
| Sep 30, 2017 | 29.65 Mn |
Elme Communities Cost of Revenue 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=cost-of-revenue&ticker=ELME&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ELME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ELME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();