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
DateValue
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