Elme Communities ELME
NYSE ELME
$1.66 +0.04 (+2.47%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Elme Communities (ELME) posted quarterly Gross Profit of $25.1 million for Q2 2021, down 7.74% year-over-year from $27.2 million in Q2 2020, and up 80.17% on a QoQ basis from $13.9 million in Q1 2021.

Elme Communities (ELME) Gross Profit (2017 - 2021) Analysis & Trends

Elme Communities has reported Gross Profit for 5 years, with the latest figure at $25.1 million in 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 improved to $25.1 million in Q2 2021, from $13.9 million in the prior quarter.
  • Over five years, Gross Profit peaked at $62.1 million in Q4 2017 and troughed at $13.9 million in Q1 2021.
  • A 5-year average of $37.8 million and a median of $45.2 million in 2018 frame the typical range for Gross Profit.
  • The widest annual swing landed in 2019, when Gross Profit increased 10.12%; it then tumbled 71.88% in 2020.
  • A 5-year view of Gross Profit shows it stood at $62.1 million in 2017, then decreased by 25.79% to $46.1 million in 2018, then increased by 8.61% to $50.1 million in 2019, then tumbled by 71.88% to $14.1 million in 2020, then surged by 78.1% to $25.1 million in 2021.
  • Per Business Quant data, the three most recent Gross Profit figures were $25.1 million in Q2 2021, $13.9 million in Q1 2021, and $14.1 million in Q4 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Avalonbay Communities 26.11 Bn 26.32 Bn -
2 Erp Operating Ltd Partnership 23.87 Bn 24.06 Bn -
3 Invitation Homes 17.81 Bn 17.81 Bn 705.34 Mn
4 Mid America Apartment Communities 15.25 Bn 15.12 Bn 537.17 Mn
5 Sun Communities 14.88 Bn 14.88 Bn 460.10 Mn
6 Equity Lifestyle Properties 12.64 Bn 12.64 Bn 375.97 Mn
7 American Homes 4 Rent 12.38 Bn 12.38 Bn -
8 Udr 12.15 Bn 12.15 Bn 412.43 Mn
9 Camden Property Trust 10.98 Bn 10.98 Bn -
10 Elme Communities 147.11 Mn -1.18 Bn -

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