Growth Metrics

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

Elme Communities recorded quarterly Gross Profit of $25.1 million in Q2 2021, up 80.17% quarter-over-quarter from $13.9 million in Q1 2021, and down 7.74% year-over-year from $27.2 million in Q2 2020.

Elme Communities' Gross Profit history runs 5 years deep, the most recent figure standing at $25.1 million for Q2 2021.

  • In Q2 2021, Gross Profit fell 7.74% year-over-year to $25.1 million; the TTM figure through Jun 2021 stood at $68.1 million (down 52.67% YoY), while the FY2020 annual figure 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.
  • A 5-year average of $37.8 million and a median of $45.2 million in 2018 frame the typical range for Gross Profit.
  • Across the five-year window, Gross Profit rose 10.12% in 2019 and slumped 71.88% in 2020, its largest moves.
  • Elme Communities' Gross Profit stood at $62.1 million in 2017, then retreated by 25.79% to $46.1 million in 2018, then grew by 8.61% to $50.1 million in 2019, then plunged by 71.88% to $14.1 million in 2020, then jumped by 78.1% to $25.1 million in 2021.
  • According to Business Quant data, Gross Profit over the past three periods registered $25.1 million, $13.9 million, and $14.1 million for Q2 2021, Q1 2021, and Q4 2020 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn -
2 Equity Residential 25.13 Bn 25.27 Bn -
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn
6 American Homes 4 Rent 13.60 Bn 14.17 Bn -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn
9 Camden Property Trust 11.27 Bn 11.34 Bn -
10 Elme Communities - - -

Historic Data

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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
Dec 31, 2018 46.09 Mn
Dec 31, 2018 46.09 Mn
Sep 30, 2018 45.01 Mn
Sep 30, 2018 45.01 Mn
Jun 30, 2018 48.43 Mn
Jun 30, 2018 48.43 Mn
Mar 31, 2018 43.74 Mn
Mar 31, 2018 43.74 Mn
Dec 31, 2017 62.10 Mn
Dec 31, 2017 62.10 Mn
Sep 30, 2017 53.17 Mn
Sep 30, 2017 53.17 Mn