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
DateValue
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