Growth Metrics

Elme Communities (ELME) Operating Expenses (2009 - 2025)

Elme Communities recorded quarterly Operating Expenses of $176.0 million in Q3 2025, up 213.27% quarter-over-quarter from $56.2 million in Q2 2025, and up 223.92% year-over-year from $54.3 million in Q3 2024.

Elme Communities' Operating Expenses history runs 17 years deep, the most recent figure standing at $176.0 million for Q3 2025.

  • In Q3 2025, Operating Expenses rose 223.92% year-over-year to $176.0 million; the TTM figure through Dec 2025 stood at $288.8 million (up 32.21% YoY), while the FY2024 annual figure 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.
  • A 5-year average of $60.2 million and a median of $53.9 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses tumbled 41.5% in 2024 and surged 223.92% in 2025, its largest moves.
  • Elme Communities' Operating Expenses stood at $46.9 million in 2021, then advanced by 12.55% to $52.8 million in 2022, then slipped by 0.49% to $52.6 million in 2023, then gained by 4.39% to $54.9 million in 2024, then surged by 220.63% to $176.0 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods registered $176.0 million, $56.2 million, and $56.7 million for Q3 2025, Q2 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 623.23 Mn
2 Equity Residential 25.13 Bn 25.27 Bn - -1.66 Bn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 654.71 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 484.40 Mn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 205.74 Mn
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - 384.36 Mn
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 353.46 Mn
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 285.25 Mn
9 Camden Property Trust 11.27 Bn 11.34 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
Sep 30, 2020 42.05 Mn
Jun 30, 2020 39.26 Mn
Mar 31, 2020 64.70 Mn
Dec 31, 2019 -23.36 Mn
Sep 30, 2019 74.49 Mn
Jun 30, 2019 66.71 Mn
Mar 31, 2019 69.38 Mn
Dec 31, 2018 59.70 Mn
Sep 30, 2018 59.21 Mn
Jun 30, 2018 60.12 Mn
Mar 31, 2018 67.58 Mn
Dec 31, 2017 71.38 Mn
Sep 30, 2017 67.91 Mn
Jun 30, 2017 63.71 Mn
Mar 31, 2017 59.56 Mn
Dec 31, 2016 59.77 Mn
Sep 30, 2016 64.61 Mn
Jun 30, 2016 58.65 Mn
Mar 31, 2016 60.44 Mn
Dec 31, 2015 61.47 Mn
Sep 30, 2015 63.30 Mn
Jun 30, 2015 63.91 Mn
Mar 31, 2015 60.58 Mn
Dec 31, 2014 56.94 Mn
Sep 30, 2014 54.86 Mn
Jun 30, 2014 56.69 Mn
Mar 31, 2014 56.57 Mn
Dec 31, 2013 -128.65 Mn
Sep 30, 2013 48.41 Mn
Jun 30, 2013 48.80 Mn
Mar 31, 2013 47.75 Mn
Dec 31, 2012 -123.72 Mn
Sep 30, 2012 47.22 Mn
Jun 30, 2012 54.68 Mn
Mar 31, 2012 54.79 Mn
Dec 31, 2011 -135.92 Mn
Sep 30, 2011 52.10 Mn
Jun 30, 2011 50.70 Mn
Mar 31, 2011 48.85 Mn
Dec 31, 2010 43.14 Mn
Sep 30, 2010 45.28 Mn
Jun 30, 2010 49.41 Mn
Mar 31, 2010 52.54 Mn
Dec 31, 2009 -138.23 Mn
Sep 30, 2009 52.58 Mn
Jun 30, 2009 51.63 Mn