Elme Communities (ELME) Tax Rate (2015 - 2018)
Elme Communities (ELME) posted quarterly Tax Rate of 15.34% for Q2 2018, up 1673.0% year-over-year from 0.87% in Q2 2017, and up 13476.5% on a QoQ basis from 0.11% in Q4 2017.
Elme Communities (ELME) Tax Rate (2015 - 2018) Analysis & Trends
Elme Communities has reported Tax Rate for 4 years, with the latest figure at 15.34% in 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 7.51% (up 725.0% YoY), and the FY2017 annual result was 2.02%, up 254.0% from the prior year.
- Tax Rate improved to 15.34% in Q2 2018, from 0.11% in the prior quarter.
- Over five years, Tax Rate peaked at 15.34% in Q2 2018 and troughed at 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.
- The widest annual swing landed in 2016, when Tax Rate tumbled 915 bps; it then jumped 1673 bps in 2018.
- A 4-year view of Tax Rate shows it stood at 0.12% in 2015, then soared by 781 bps to 1.02% in 2016, then tumbled by 111 bps to 0.11% in 2017, then surged by 13476 bps to 15.34% in 2018.
- Per Business Quant data, the three most recent Tax Rate figures were 15.34% in Q2 2018, 0.11% in Q4 2017, and 1.39% in Q2 2017.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 0.04% |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | 0.34% |
| 3 | Invitation Homes | 17.81 Bn | 17.81 Bn | 705.34 Mn | - |
| 4 | Mid America Apartment Communities | 15.25 Bn | 15.12 Bn | 537.17 Mn | 0.36% |
| 5 | Sun Communities | 14.88 Bn | 14.88 Bn | 460.10 Mn | 1.20% |
| 6 | Equity Lifestyle Properties | 12.64 Bn | 12.64 Bn | 375.97 Mn | - |
| 7 | American Homes 4 Rent | 12.38 Bn | 12.38 Bn | - | - |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | 0.58% |
| 9 | Camden Property Trust | 10.98 Bn | 10.98 Bn | - | 5.80% |
| 10 | Elme Communities | 147.11 Mn | -1.18 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2018 | 15.34% |
| Jun 30, 2018 | 15.34% |
| Jun 30, 2018 | 15.34% |
| Dec 31, 2017 | -0.11% |
| Dec 31, 2017 | -0.11% |
| Dec 31, 2017 | -0.11% |
| Jun 30, 2017 | -1.39% |
| Jun 30, 2017 | -1.39% |
| Jun 30, 2017 | -1.39% |
| Dec 31, 2016 | 1.40% |
| Dec 31, 2016 | 1.40% |
| Dec 31, 2016 | 1.40% |
| 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% |