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| 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 |