Growth Metrics

Elme Communities (ELME) Gross Margin (2017 - 2021)

Elme Communities (ELME) has disclosed Gross Margin for 5 consecutive years, with 60.7% as the latest value for Q2 2021.

  • Quarterly Gross Margin fell 139.0% to 60.7% in Q2 2021 from the year-ago period, while the trailing twelve-month figure was 40.44% through Jun 2021, down 1702.0% year-over-year, with the annual reading at 35.85% for FY2020, 124.0% up from the prior year.
  • Gross Margin hit 60.7% in Q2 2021 for Elme Communities, up from 34.26% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 76.38% in Q4 2017 to a low of 32.89% in Q4 2020.
  • Historically, Gross Margin has averaged 56.51% across 5 years, with a median of 62.07% in 2019.
  • Biggest five-year swings in Gross Margin: surged 400bps in 2019 and later tumbled -2916bps in 2020.
  • Year by year, Gross Margin stood at 76.38% in 2017, then decreased by -16bps to 64.24% in 2018, then dropped by -3bps to 62.05% in 2019, then plummeted by -47bps to 32.89% in 2020, then soared by 85bps to 60.7% in 2021.
  • Business Quant data shows Gross Margin for ELME at 60.7% in Q2 2021, 34.26% in Q1 2021, and 32.89% in Q4 2020.