Growth Metrics

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

Elme Communities' Tax Rate history spans 4 years, with the latest figure at 47.78% for Q2 2018.

  • For Q2 2018, Tax Rate fell 4639.0% year-over-year to 47.78%; the TTM value through Sep 2018 reached 3.88%, down 375.0%, while the annual FY2017 figure was 2.02%, 254.0% up from the prior year.
  • Tax Rate for Q2 2018 was 47.78% at Elme Communities, down from 0.11% in the prior quarter.
  • Across five years, Tax Rate topped out at 10.07% in Q3 2015 and bottomed at 47.78% in Q2 2018.
  • The 4-year median for Tax Rate is 0.05% (2015), against an average of 4.43%.
  • The largest annual shift saw Tax Rate surged 130bps in 2016 before it crashed -4639bps in 2018.
  • A 4-year view of Tax Rate shows it stood at 0.1% in 2015, then skyrocketed by 1261bps to 1.4% in 2016, then tumbled by -108bps to 0.11% in 2017, then crashed by -43772bps to 47.78% in 2018.
  • Per Business Quant, the three most recent readings for ELME's Tax Rate are 47.78% (Q2 2018), 0.11% (Q4 2017), and 1.39% (Q2 2017).