Elme Communities (ELMES) Interest Expense (2009 - 2025)
Elme Communities (ELMES) recorded Interest Expenses of $9.66 million in Q3 2025, up 1.1% from $9.56 million a year earlier and up 1.7% from the prior quarter.
Elme Communities (ELMES) Interest Expense (2009 - 2025) Analysis & Trends
On a TTM basis, Elme Communities' Interest Expenses came in at $38.02 million as of Sep 30, 2025, up 0.5% year-over-year; for FY2024, it came in at $37.84 million, up 24.3% from FY2023.
- Annual Interest Expenses has a five-year compound annual growth rate of -6.8% (FY2019 to FY2024).
- Across earlier years, Interest Expenses came in at $30.43 million in FY2023 (+22.0%), $24.94 million in FY2022 (-26.8%), $34.06 million in FY2021 (-8.7%) and $37.31 million in FY2020 (-30.6%).
- The Q3 2025 figure is the highest quarterly Interest Expenses since Q2 2021.
- On a year-over-year basis, Interest Expenses rose in seven of the last eight quarters, with growth averaging 18.9%.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 43.3% in Q4 2023, against a decline of 44.2% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $9.5 million (Q2 2025), $9.46 million (Q1 2025) and $9.4 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | - |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 286.96 Mn |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 287.59 Mn |
| 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 | 68.28 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 |
|---|---|
| Sep 30, 2025 | 9.66 Mn |
| Jun 30, 2025 | 9.50 Mn |
| Mar 31, 2025 | 9.46 Mn |
| Dec 31, 2024 | 9.40 Mn |
| Sep 30, 2024 | 9.56 Mn |
| Jun 30, 2024 | 9.38 Mn |
| Mar 31, 2024 | 9.49 Mn |
| Dec 31, 2023 | 9.39 Mn |
| Sep 30, 2023 | 7.42 Mn |
| Jun 30, 2023 | 6.79 Mn |
| Mar 31, 2023 | 6.83 Mn |
| Dec 31, 2022 | 6.55 Mn |
| Jun 30, 2022 | 6.16 Mn |
| Mar 31, 2022 | 5.65 Mn |
| Dec 31, 2021 | 5.68 Mn |
| Jun 30, 2021 | 10.16 Mn |
| Mar 31, 2021 | 10.12 Mn |
| Dec 31, 2020 | 9.00 Mn |
| Sep 30, 2020 | 8.71 Mn |
| Jun 30, 2020 | 8.75 Mn |
Elme Communities Interest Expense 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=interest-expense&ticker=ELMES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense", "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=interest-expense&ticker=ELMES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();