Elme Communities (ELME) Gross Margin (2017 - 2021)
Elme Communities (ELME) posted Gross Margin of 60.70% for Q2 2021, down 1.39 percentage points from 62.09% a year earlier but up 26.44 percentage points from the prior quarter.
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Analysis
Elme Communities (ELME) Gross Margin (2017 - 2021) Analysis & Trends
For the trailing twelve months through Jun 30, 2021, Gross Margin at Elme Communities was 40.44%, down 17.02 percentage points year-over-year; for FY2020, it came in at 35.85%, up 1.24 percentage points from FY2019.
- Annual Gross Margin shows a four-year change of -27.44 percentage points (FY2016 to FY2020).
- In prior years, Elme Communities' Gross Margin was 34.61% in FY2019 (-29.20 pp), 63.80% in FY2018 (+1.41 pp), 62.39% in FY2017 (-0.89 pp) and 63.29% in FY2016.
- Quarterly Gross Margin has run from a low of 32.89% in Q4 2020 to a high of 76.38% in Q4 2017 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last nine quarters, with an average year-over-year change of -11.52 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2019, with a gain of 4.00 percentage points; the weakest was Q4 2020, with a drop of 29.16 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 34.26% (Q1 2021), 32.89% (Q4 2020) and 34.41% (Q3 2020).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | 39.34% |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | - |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | - |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | - |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | - |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | - |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 73.49% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 99.30% |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | - |
| 10 | Elme Communities | 151.06 Mn | -1.20 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2021 | 60.70% |
| Mar 31, 2021 | 34.26% |
| Dec 31, 2020 | 32.89% |
| Sep 30, 2020 | 34.41% |
| Jun 30, 2020 | 62.09% |
| Mar 31, 2020 | 37.39% |
| Dec 31, 2019 | 62.05% |
| Sep 30, 2019 | 61.76% |
| Jun 30, 2019 | 63.38% |
| Mar 31, 2019 | 63.40% |
| Dec 31, 2018 | 64.24% |
| Sep 30, 2018 | 63.40% |
| Jun 30, 2018 | 64.27% |
| Mar 31, 2018 | 59.40% |
| Dec 31, 2017 | 76.38% |
| Sep 30, 2017 | 64.20% |
API Access
Elme Communities Gross Margin 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=gross-margin&ticker=ELME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=ELME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();