Elme Communities (ELMES) Gross Profit (2009 - 2025)
Elme Communities (ELMES) reported Gross Profit of $25.07 million for Q2 2021, down 7.7% from $27.17 million a year earlier but up 80.2% from the prior quarter.
Elme Communities (ELMES) Gross Profit (2009 - 2025) Analysis & Trends
Over the twelve months ended Jun 30, 2021, Elme Communities' Gross Profit came in at $68.1 million, down 52.7% year-over-year; for FY2020, it was $63.1 million, up 3.2% from FY2019.
- Gross Profit has a four-year compound annual growth rate of -24.9% (FY2016 to FY2020).
- By year, Gross Profit came in at $61.17 million in FY2019 (-67.1%), $186.14 million in FY2018 (+6.4%), $174.88 million in FY2017 (-11.8%) and $198.25 million in FY2016.
- Five-year quarterly Gross Profit spans a low of $13.91 million in Q1 2021 and a high of $62.1 million in Q4 2017.
- Year over year, Gross Profit has now declined in each of the last six quarters, with an average decline of 32.0% over the last eight quarters.
- The high point for year-over-year Gross Profit in five years was Q3 2019 (growth of 10.1%); the low point was Q4 2020 (a decline of 71.9%).
- Per Business Quant data, the three quarters before Q2 2021 came in at $13.91 million (Q1 2021), $14.08 million (Q4 2020) and $15.04 million (Q3 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn |
| 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 |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn |
| 10 | Elme Communities | 4.41 Mn | -1.35 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 39.44 Mn |
| Jun 30, 2021 | 25.07 Mn |
| Mar 31, 2021 | 13.91 Mn |
| Dec 31, 2020 | 14.08 Mn |
| Sep 30, 2020 | 15.04 Mn |
| Jun 30, 2020 | 27.17 Mn |
| Mar 31, 2020 | 17.10 Mn |
| Dec 31, 2019 | 50.06 Mn |
| Sep 30, 2019 | 49.57 Mn |
| Jun 30, 2019 | 48.69 Mn |
| Mar 31, 2019 | 45.29 Mn |
| Dec 31, 2018 | 46.09 Mn |
| Sep 30, 2018 | 45.01 Mn |
| Jun 30, 2018 | 48.43 Mn |
| Mar 31, 2018 | 43.74 Mn |
| Dec 31, 2017 | 62.10 Mn |
| Sep 30, 2017 | 53.17 Mn |
| Jun 30, 2017 | 54.77 Mn |
| Mar 31, 2017 | 49.64 Mn |
| Dec 31, 2016 | 48.01 Mn |
Elme Communities Gross Profit 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-profit&ticker=ELMES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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-profit&ticker=ELMES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();