Elme Communities (ELME) Gross Profit (2017 - 2021)
Elme Communities' (ELME) quarterly Gross Profit came in at $25.1 million in Q2 2021, down 7.74% year-on-year from $27.2 million in Q2 2020, and up 80.17% quarter-over-quarter from $13.9 million in Q1 2021.
Elme Communities (ELME) Gross Profit (2017 - 2021) Analysis & Trends
Elme Communities has disclosed Gross Profit across 5 years of filings, most recently posting $25.1 million for Q2 2021.
- Gross Profit for Q2 2021 came in at $25.1 million, down 7.74% year-over-year; the trailing twelve-month figure through Jun 2021 was $68.1 million (down 52.67% YoY), and the FY2020 annual result was $63.1 million, up 3.15% from the prior year.
- Gross Profit came in at $25.1 million for Q2 2021 at Elme Communities, up from $13.9 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $62.1 million in Q4 2017 to a low of $13.9 million in Q1 2021.
- The 5-year median for Gross Profit is $45.2 million (2018), against an average of $37.8 million.
- Across the five-year window, Gross Profit increased 10.12% in 2019 and tumbled 71.88% in 2020, its largest moves.
- Elme Communities' Gross Profit stood at $62.1 million in 2017, then fell by 25.79% to $46.1 million in 2018, then climbed by 8.61% to $50.1 million in 2019, then sank by 71.88% to $14.1 million in 2020, then soared by 78.1% to $25.1 million in 2021.
- The last three Gross Profit figures came in at $25.1 million (Q2 2021), $13.9 million (Q1 2021), and $14.1 million (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - |
| 10 | Elme Communities | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2021 | 25.07 Mn |
| Jun 30, 2021 | 25.07 Mn |
| Mar 31, 2021 | 13.91 Mn |
| Mar 31, 2021 | 13.91 Mn |
| Dec 31, 2020 | 14.08 Mn |
| Dec 31, 2020 | 14.08 Mn |
| Sep 30, 2020 | 15.04 Mn |
| Sep 30, 2020 | 15.04 Mn |
| Jun 30, 2020 | 27.17 Mn |
| Jun 30, 2020 | 27.17 Mn |
| Mar 31, 2020 | 17.10 Mn |
| Mar 31, 2020 | 17.10 Mn |
| Dec 31, 2019 | 50.06 Mn |
| Dec 31, 2019 | 50.06 Mn |
| Sep 30, 2019 | 49.57 Mn |
| Sep 30, 2019 | 49.57 Mn |
| Jun 30, 2019 | 48.69 Mn |
| Jun 30, 2019 | 48.69 Mn |
| Mar 31, 2019 | 45.29 Mn |
| Mar 31, 2019 | 45.29 Mn |