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| 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 |
| 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 |