Elme Communities (ELMES) Gross Margin (2009 - 2025)
Elme Communities' Gross Margin came in at 60.70% for Q2 2021, down 1.39 percentage points from 62.09% a year earlier but up 26.44 percentage points from the prior quarter.
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Analysis
Elme Communities (ELMES) Gross Margin (2009 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2021, Elme Communities reported Gross Margin of 40.44%, down 17.02 percentage points year-over-year; for FY2020, it was 35.85%, up 1.24 percentage points from FY2019.
- Gross Margin carries a four-year change of -27.44 percentage points (FY2016 to FY2020).
- Going back by year, Gross Margin was 34.61% in FY2019 (-29.20 pp), 63.80% in FY2018 (+1.41 pp), 62.39% in FY2017 (-0.89 pp) and 63.29% in FY2016.
- The five-year range for quarterly Gross Margin is 32.89% (Q4 2020) to 76.38% (Q4 2017).
- Year-over-year, Gross Margin has declined for nine consecutive quarters, with an average year-over-year change of -11.52 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2019 (a gain of 4.00 percentage points), and the weakest in Q4 2020 (a drop of 29.16 percentage points).
- Business Quant data shows ELMES's Gross Margin at 34.26% (Q1 2021), 32.89% (Q4 2020) and 34.41% (Q3 2020) in the three quarters before Q2 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 39.55% |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | - |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 8.20% |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | -184.88% |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 40.62% |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 73.16% |
| 10 | Elme Communities | 4.41 Mn | -1.35 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 63.51% |
| Jun 30, 2021 | 60.70% |
| Mar 31, 2021 | 34.26% |
| Dec 31, 2020 | 32.89% |
| Sep 30, 2020 | 34.41% |
| Jun 30, 2020 | 62.09% |
| Mar 31, 2020 | 37.39% |
| Dec 31, 2019 | 62.05% |
| Sep 30, 2019 | 61.76% |
| Jun 30, 2019 | 63.38% |
| Mar 31, 2019 | 63.40% |
| Dec 31, 2018 | 64.24% |
| Sep 30, 2018 | 63.40% |
| Jun 30, 2018 | 64.27% |
| Mar 31, 2018 | 59.40% |
| Dec 31, 2017 | 76.38% |
| Sep 30, 2017 | 64.20% |
| Jun 30, 2017 | 65.62% |
| Mar 31, 2017 | 64.05% |
| Dec 31, 2016 | 62.39% |
API Access
Elme Communities Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ELMES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ELMES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ELMES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();