Elme Communities (ELMES) Total Operating Expenses (2009 - 2025)
Elme Communities (ELMES) posted Operating Expenses of $175.96 million for Q3 2025, up 223.9% from $54.32 million a year earlier and up 213.3% from the prior quarter.
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Analysis
Elme Communities (ELMES) Total Operating Expenses (2009 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Operating Expenses at Elme Communities was $343.71 million, up 59.0% year-over-year; for FY2024, it came in at $218.47 million, down 13.0% from FY2023.
- Annual Operating Expenses shows a five-year compound annual growth rate of 3.1% (FY2019 to FY2024).
- In prior years, Elme Communities' Operating Expenses was $250.97 million in FY2023 (+18.9%), $211.1 million in FY2022 (+21.5%), $173.74 million in FY2021 (+6.3%) and $163.41 million in FY2020 (-12.7%).
- The Q3 2025 figure stands as the highest quarterly Operating Expenses in data going back to Q2 2009.
- On a year-over-year basis, Operating Expenses has increased in each of the last four quarters, with growth averaging 25.0% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2025, with growth of 223.9%; the weakest was Q3 2024, with a decline of 41.5%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $56.17 million (Q2 2025), $56.71 million (Q1 2025) and $54.88 million (Q4 2024).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 175.96 Mn |
| Jun 30, 2025 | 56.17 Mn |
| Mar 31, 2025 | 56.71 Mn |
| Dec 31, 2024 | 54.88 Mn |
| Sep 30, 2024 | 54.32 Mn |
| Jun 30, 2024 | 54.19 Mn |
| Mar 31, 2024 | 55.08 Mn |
| Dec 31, 2023 | 52.57 Mn |
| Sep 30, 2023 | 92.85 Mn |
| Jun 30, 2023 | 52.99 Mn |
| Mar 31, 2023 | 52.57 Mn |
| Dec 31, 2022 | 52.83 Mn |
| Sep 30, 2022 | 53.91 Mn |
| Jun 30, 2022 | 54.10 Mn |
| Mar 31, 2022 | 50.26 Mn |
| Dec 31, 2021 | 46.94 Mn |
| Sep 30, 2021 | 44.12 Mn |
| Jun 30, 2021 | 43.64 Mn |
| Mar 31, 2021 | 39.05 Mn |
| Dec 31, 2020 | 41.07 Mn |
API Access
Elme Communities Total Operating Expenses 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=total-operating-expenses&ticker=ELMES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-operating-expenses", "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=total-operating-expenses&ticker=ELMES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();