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| 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% |