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
Download Data| Date | Value |
|---|---|
| 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 |