Growth Metrics

Elme Communities (ELME) Tax Rate (2016 - 2018)

Elme Communities (ELME) has disclosed Tax Rate for 4 consecutive years, with 15.34% as the latest value for Q2 2018.

  • Quarterly Tax Rate rose 1673.0% to 15.34% in Q2 2018 from the year-ago period, while the trailing twelve-month figure was 8.83% through Dec 2018, up 864.0% year-over-year, with the annual reading at 2.02% for FY2017, 254.0% up from the prior year.
  • Tax Rate hit 15.34% in Q2 2018 for 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.
  • Historically, Tax Rate has averaged 2.37% across 4 years, with a median of 0.0% in 2016.
  • Biggest five-year swings in Tax Rate: crashed -915bps in 2016 and later soared 1673bps in 2018.
  • Year by year, Tax Rate stood at 0.1% in 2015, then surged by 1261bps to 1.4% in 2016, then crashed by -108bps to 0.11% in 2017, then surged by 14186bps to 15.34% in 2018.
  • Business Quant data shows Tax Rate for ELME at 15.34% in Q2 2018, 0.11% in Q4 2017, and 1.39% in Q2 2017.