Elme Communities (ELME) Tax Rate (2015 - 2018)

Elme Communities' (ELME) quarterly Tax Rate came in at 15.34% in Q2 2018, up 1673.0% year-on-year from 0.87% in Q2 2017, and up 14185.51% quarter-over-quarter from 0.11% in Q4 2017.

Elme Communities (ELME) Tax Rate (2015 - 2018) Analysis & Trends

Elme Communities has disclosed Tax Rate across 4 years of filings, most recently posting 15.34% for Q2 2018.

  • Tax Rate for Q2 2018 came in at 15.34%, up 1673.0% year-over-year; the trailing twelve-month figure through Dec 2018 was 7.72% (up 753.0% YoY), and the FY2017 annual result was 2.02%, up 254.0% from the prior year.
  • Tax Rate came in at 15.34% for Q2 2018 at Elme Communities, up from 0.11% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 15.34% in Q2 2018 to a low of 2.23% in Q2 2016.
  • The 4-year median for Tax Rate is 0.0% (2016), against an average of 2.37%.
  • Across the five-year window, Tax Rate tumbled 915 bps in 2016 and jumped 1673 bps in 2018, its largest moves.
  • Elme Communities' Tax Rate stood at 0.1% in 2015, then soared by 1261 bps to 1.4% in 2016, then sank by 108 bps to 0.11% in 2017, then soared by 14186 bps to 15.34% in 2018.
  • The last three Tax Rate figures came in at 15.34% (Q2 2018), 0.11% (Q4 2017), and 1.39% (Q2 2017), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Avalonbay Communities 24.79 Bn 25.01 Bn - -0.09
2 Equity Residential 24.35 Bn 24.48 Bn - 0.09
3 Invitation Homes 17.23 Bn 17.27 Bn 694.98 Mn -
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn 2.06
5 Sun Communities 14.54 Bn 14.65 Bn 491.20 Mn 7.23
6 American Homes 4 Rent 13.37 Bn 13.94 Bn - -
7 Udr 12.30 Bn 12.30 Bn 416.43 Mn 0.22
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn -
9 Camden Property Trust 11.45 Bn 11.53 Bn - 2.07
10 Elme Communities - - - -

Historic Data

Download Data
DateValue
Jun 30, 2018 15.34%
Jun 30, 2018 15.34%
Dec 31, 2017 -0.11%
Dec 31, 2017 -0.11%
Jun 30, 2017 -1.39%
Jun 30, 2017 -1.39%
Dec 31, 2016 1.40%
Dec 31, 2016 1.40%
Sep 30, 2016 0.00%
Sep 30, 2016 0.00%
Jun 30, 2016 -2.23%
Jun 30, 2016 -2.23%
Dec 31, 2015 0.10%
Dec 31, 2015 0.10%
Sep 30, 2015 9.15%
Sep 30, 2015 9.15%
Jun 30, 2015 -0.96%
Jun 30, 2015 -0.96%