Elme Communities (ELME) Operating Expenses (2009 - 2025)
Elme Communities (ELME) posted quarterly Operating Expenses of $176.0 million for Q3 2025, up 223.92% year-over-year from $54.3 million in Q3 2024, and up 213.27% on a QoQ basis from $56.2 million in Q2 2025.
Elme Communities (ELME) Operating Expenses (2009 - 2025) Analysis & Trends
Elme Communities has reported Operating Expenses for 17 years, with the latest figure at $176.0 million in 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 advanced to $176.0 million in Q3 2025, from $56.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $176.0 million in Q3 2025 and troughed at $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.
- The widest annual swing landed in 2024, when Operating Expenses plunged 41.5%; it then jumped 223.92% in 2025.
- A 5-year view of Operating Expenses shows it stood at $46.9 million in 2021, then climbed by 12.55% to $52.8 million in 2022, then dropped by 0.49% to $52.6 million in 2023, then advanced by 4.39% to $54.9 million in 2024, then soared by 220.63% to $176.0 million in 2025.
- Per Business Quant data, the three most recent Operating Expenses figures were $176.0 million in Q3 2025, $56.2 million in Q2 2025, and $56.7 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 636.04 Mn |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | 566.18 Mn |
| 3 | Invitation Homes | 17.95 Bn | 17.95 Bn | 705.34 Mn | 657.51 Mn |
| 4 | Mid America Apartment Communities | 15.37 Bn | 15.25 Bn | 537.17 Mn | 218.72 Mn |
| 5 | Sun Communities | 14.95 Bn | 14.95 Bn | 460.10 Mn | 434.40 Mn |
| 6 | Equity Lifestyle Properties | 12.69 Bn | 12.69 Bn | 375.97 Mn | 298.46 Mn |
| 7 | American Homes 4 Rent | 12.40 Bn | 12.40 Bn | - | 397.77 Mn |
| 8 | Udr | 12.18 Bn | 12.18 Bn | 412.43 Mn | 345.25 Mn |
| 9 | Camden Property Trust | 11.06 Bn | 11.06 Bn | - | 140.94 Mn |
| 10 | Elme Communities | 143.15 Mn | -1.19 Bn | - | - |
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 |