Growth Metrics

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

Elme Communities recorded quarterly Tax Rate of 15.34% in Q2 2018, up 14185.51% quarter-over-quarter from 0.11% in Q4 2017, and up 1673.0% year-over-year from 0.87% in Q2 2017.

Elme Communities' Tax Rate history runs 4 years deep, the most recent figure standing at 15.34% for Q2 2018.

  • In Q2 2018, Tax Rate rose 1673.0% year-over-year to 15.34%; the TTM figure through Dec 2018 stood at 7.72% (up 753.0% YoY), while the FY2017 annual figure 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.
  • A 4-year average of 2.37% and a median of 0.0% in 2016 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate slumped 915 bps in 2016 and surged 1673 bps in 2018, its largest moves.
  • Elme Communities' Tax Rate stood at 0.1% in 2015, then jumped by 1261 bps to 1.4% in 2016, then plunged by 108 bps to 0.11% in 2017, then jumped by 14186 bps to 15.34% in 2018.
  • According to Business Quant data, Tax Rate over the past three periods registered 15.34%, 0.11%, and 1.39% for Q2 2018, Q4 2017, and Q2 2017 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - -0.09
2 Equity Residential 25.13 Bn 25.27 Bn - 0.09
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn -
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 7.23
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 2.06
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 0.22
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn -
9 Camden Property Trust 11.27 Bn 11.34 Bn - 2.07
10 Elme Communities - - - -

Historic Data

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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