Growth Metrics

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

Elme Communities' Gross Margin history spans 5 years, with the latest figure at 85.5% for Q2 2021.

  • For Q2 2021, Gross Margin fell 215.0% year-over-year to 85.5%; the TTM value through Jun 2021 reached 33.76%, down 2816.0%, while the annual FY2020 figure was 35.85%, 124.0% up from the prior year.
  • Gross Margin for Q2 2021 was 85.5% at Elme Communities, up from 34.26% in the prior quarter.
  • Across five years, Gross Margin topped out at 87.64% in Q2 2020 and bottomed at 17.3% in Q4 2020.
  • The 5-year median for Gross Margin is 62.05% (2019), against an average of 54.35%.
  • The largest YoY upside for Gross Margin was 2427bps in 2020 against a maximum downside of -7935bps in 2020.
  • A 5-year view of Gross Margin shows it stood at 47.4% in 2017, then soared by 36bps to 64.24% in 2018, then fell by -3bps to 62.05% in 2019, then tumbled by -128bps to 17.3% in 2020, then skyrocketed by 594bps to 85.5% in 2021.
  • Per Business Quant, the three most recent readings for ELME's Gross Margin are 85.5% (Q2 2021), 34.26% (Q1 2021), and 17.3% (Q4 2020).