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

Elme Communities (ELME) reported Tax Rate of 15.34% for Q2 2018, up 1673.0% on a YoY basis from 0.87% in Q2 2017, and up 18484.93% sequentially from 0.08% in Q4 2017.

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

Elme Communities (ELME) has 4 years of Tax Rate data on file, last reported at 15.34% in Q2 2018.

  • For the quarter ending Q2 2018, Tax Rate rose 1673.0% year-over-year to 15.34%; the trailing twelve-month figure through Dec 2018 stood at 7.51% (up 743.0% YoY), and the FY2017 full-year result was 2.02%, up 254.0% from the prior year.
  • Tax Rate grew to 15.34% in Q2 2018, from 0.08% 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 2.33% and a median of 0.0% in 2016 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate sank 915 bps in 2016 and jumped 1673 bps in 2018, its largest moves.
  • Tracing ELME's Tax Rate over 4 years: stood at 0.11% in 2015, then surged by 818 bps to 1.02% in 2016, then sank by 108 bps to 0.08% in 2017, then surged by 18485 bps to 15.34% in 2018.
  • Business Quant data shows ELME's Tax Rate at 15.34% in Q2 2018, 0.08% in Q4 2017, and 1.39% in Q2 2017.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Avalonbay Communities 26.48 Bn 26.48 Bn - -0.09
2 Equity Residential 25.80 Bn 25.80 Bn - 0.09
3 Invitation Homes 18.05 Bn 18.05 Bn 694.98 Mn -
4 Mid America Apartment Communities 15.67 Bn 15.54 Bn 537.05 Mn 2.06
5 Sun Communities 14.96 Bn 14.96 Bn 491.20 Mn 7.23
6 Udr 13.01 Bn 12.98 Bn 416.43 Mn -
7 Equity Lifestyle Properties 12.85 Bn 12.85 Bn 378.95 Mn -
8 American Homes 4 Rent 12.22 Bn 12.22 Bn - -
9 Camden Property Trust 11.94 Bn 11.94 Bn - 2.07
10 Elme Communities 132.16 Mn -1.20 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2018 15.34
Jun 30, 2018 15.34
Jun 30, 2018 15.34
Dec 31, 2017 -0.08
Dec 31, 2017 -0.08
Dec 31, 2017 -0.08
Jun 30, 2017 -1.39
Jun 30, 2017 -1.39
Jun 30, 2017 -1.39
Dec 31, 2016 1.02
Dec 31, 2016 1.02
Dec 31, 2016 1.02
Sep 30, 2016 0.00
Sep 30, 2016 0.00
Sep 30, 2016 0.00
Jun 30, 2016 -2.23
Jun 30, 2016 -2.23
Jun 30, 2016 -2.23
Dec 31, 2015 0.11
Dec 31, 2015 0.11