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

Elme Communities (ELME) reported Operating Expenses of $176.0 million for Q3 2025, up 223.92% on a YoY basis from $54.3 million in Q3 2024, and up 213.27% sequentially from $56.2 million in Q2 2025.

Elme Communities (ELME) Operating Expenses (2009 - 2025) Analysis & Trends

Elme Communities (ELME) has 17 years of Operating Expenses data on file, last reported at $176.0 million in Q3 2025.

  • For the quarter ending Q3 2025, Operating Expenses rose 223.92% year-over-year to $176.0 million; the trailing twelve-month figure through Dec 2025 stood at $288.8 million (up 32.21% YoY), and the FY2024 full-year result was $218.5 million, down 12.95% from the prior year.
  • Operating Expenses improved to $176.0 million in Q3 2025, 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 slumped 41.5% in 2024 and jumped 223.92% in 2025, its largest moves.
  • Tracing ELME's Operating Expenses over 5 years: stood at $46.9 million in 2021, then rose by 12.55% to $52.8 million in 2022, then retreated by 0.49% to $52.6 million in 2023, then increased by 4.39% to $54.9 million in 2024, then soared by 220.63% to $176.0 million in 2025.
  • Business Quant data shows ELME's Operating Expenses at $176.0 million in Q3 2025, $56.2 million in Q2 2025, and $56.7 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Avalonbay Communities 26.63 Bn 26.85 Bn - 623.23 Mn
2 Equity Residential 25.81 Bn 26.00 Bn - -1.66 Bn
3 Invitation Homes 17.83 Bn 17.87 Bn 694.98 Mn 654.71 Mn
4 Mid America Apartment Communities 15.53 Bn 15.53 Bn 537.05 Mn 205.74 Mn
5 Sun Communities 14.72 Bn 14.83 Bn 491.20 Mn 484.40 Mn
6 Udr 12.95 Bn 12.92 Bn 416.43 Mn 353.46 Mn
7 Equity Lifestyle Properties 12.81 Bn 12.87 Bn 378.95 Mn 285.25 Mn
8 American Homes 4 Rent 12.07 Bn 12.74 Bn - 401.95 Mn
9 Camden Property Trust 11.83 Bn 11.90 Bn - 140.07 Mn
10 Elme Communities 130.38 Mn -1.20 Bn - -

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