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Elme Communities (ELME) Operating Expenses (2016 - 2025)

Elme Communities' Operating Expenses history spans 15 years, with the latest figure at $54.9 million for Q4 2024.

  • For Q4 2024, Operating Expenses rose 4.39% year-over-year to $54.9 million; the TTM value through Dec 2024 reached $218.5 million, down 12.95%, while the annual FY2024 figure was $218.5 million, 12.95% down from the prior year.
  • Operating Expenses for Q4 2024 was $54.9 million at Elme Communities, up from $54.3 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $92.9 million in Q3 2023 and bottomed at $39.0 million in Q1 2021.
  • The 5-year median for Operating Expenses is $52.9 million (2022), against an average of $53.2 million.
  • The largest YoY upside for Operating Expenses was 275.81% in 2020 against a maximum downside of 43.55% in 2020.
  • A 5-year view of Operating Expenses shows it stood at $41.1 million in 2020, then rose by 14.3% to $46.9 million in 2021, then increased by 12.55% to $52.8 million in 2022, then fell by 0.49% to $52.6 million in 2023, then grew by 4.39% to $54.9 million in 2024.
  • Per Business Quant, the three most recent readings for ELME's Operating Expenses are $54.9 million (Q4 2024), $54.3 million (Q3 2024), and $54.2 million (Q2 2024).