Elme Communities (ELME) Operating Expenses (2009 - 2025)
Elme Communities' (ELME) quarterly Operating Expenses came in at $176.0 million in Q3 2025, up 223.92% year-on-year from $54.3 million in Q3 2024, and up 213.27% quarter-over-quarter from $56.2 million in Q2 2025.
Elme Communities (ELME) Operating Expenses (2009 - 2025) Analysis & Trends
Elme Communities has disclosed Operating Expenses across 17 years of filings, most recently posting $176.0 million for Q3 2025.
- Operating Expenses for Q3 2025 came in at $176.0 million, up 223.92% year-over-year; the trailing twelve-month figure through Dec 2025 was $288.8 million (up 32.21% YoY), and the FY2024 annual result was $218.5 million, down 12.95% from the prior year.
- Operating Expenses came in at $176.0 million for Q3 2025 at Elme Communities, up from $56.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $176.0 million in Q3 2025 to a low of $39.0 million in Q1 2021.
- The 5-year median for Operating Expenses is $53.9 million (2022), against an average of $60.2 million.
- Across the five-year window, Operating Expenses plunged 41.5% in 2024 and jumped 223.92% in 2025, its largest moves.
- Elme Communities' Operating Expenses stood at $46.9 million in 2021, then gained by 12.55% to $52.8 million in 2022, then decreased by 0.49% to $52.6 million in 2023, then rose by 4.39% to $54.9 million in 2024, then jumped by 220.63% to $176.0 million in 2025.
- The last three Operating Expenses figures came in at $176.0 million (Q3 2025), $56.2 million (Q2 2025), and $56.7 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | 623.23 Mn |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | -1.66 Bn |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 654.71 Mn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 205.74 Mn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 484.40 Mn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | 384.36 Mn |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 353.46 Mn |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | 285.25 Mn |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | 140.07 Mn |
| 10 | Elme Communities | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 175.96 Mn |
| Jun 30, 2025 | 56.17 Mn |
| Mar 31, 2025 | 56.71 Mn |
| Dec 31, 2024 | 54.88 Mn |
| Sep 30, 2024 | 54.32 Mn |
| Jun 30, 2024 | 54.19 Mn |
| Mar 31, 2024 | 55.08 Mn |
| Dec 31, 2023 | 52.57 Mn |
| Sep 30, 2023 | 92.85 Mn |
| Jun 30, 2023 | 52.99 Mn |
| Mar 31, 2023 | 52.57 Mn |
| Dec 31, 2022 | 52.83 Mn |
| Sep 30, 2022 | 53.91 Mn |
| Jun 30, 2022 | 54.10 Mn |
| Mar 31, 2022 | 50.26 Mn |
| Dec 31, 2021 | 46.94 Mn |
| Sep 30, 2021 | 44.12 Mn |
| Jun 30, 2021 | 43.64 Mn |
| Mar 31, 2021 | 39.05 Mn |
| Dec 31, 2020 | 41.07 Mn |