See more : Lancor Holdings Limited (LANCORHOL.BO) Income Statement Analysis – Financial Results
Complete financial analysis of Elme Communities (ELME) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Elme Communities, a leading company in the REIT – Office industry within the Real Estate sector.
You may be interested
- Carel Industries S.p.A. (CRL.MI) Income Statement Analysis – Financial Results
- STARLINEPS ENTERPRISES LIMITED (STARLENT.BO) Income Statement Analysis – Financial Results
- Samcro Hyosung Adilestari Tbk. (ACRO.JK) Income Statement Analysis – Financial Results
- Aurubis AG (AIAGY) Income Statement Analysis – Financial Results
- Citigroup Inc. (0R01.L) Income Statement Analysis – Financial Results
Elme Communities (ELME)
About Elme Communities
Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 227.91M | 209.38M | 169.15M | 294.12M | 309.18M | 336.89M | 325.08M | 313.26M | 306.43M | 288.64M | 263.02M | 304.98M | 289.53M | 297.98M | 306.93M | 282.31M | 255.66M | 219.66M | 190.05M | 172.39M | 163.82M | 153.61M | 148.42M | 134.73M | 118.98M | 103.60M | 79.43M | 65.54M | 52.60M | 45.51M | 41.60M | 37.40M | 35.60M | 32.40M | 29.90M | 26.30M | 24.30M | 22.60M | 20.20M |
| Cost of Revenue | 87.94M | 81.44M | 66.92M | 112.91M | 115.58M | 116.23M | 115.65M | 115.01M | 112.23M | 103.70M | 93.29M | 103.28M | 97.19M | 98.92M | 104.57M | 94.57M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 139.97M | 127.94M | 102.24M | 181.21M | 193.60M | 220.66M | 209.43M | 198.25M | 194.19M | 184.94M | 169.73M | 201.71M | 192.34M | 199.06M | 202.36M | 187.74M | 255.66M | 219.66M | 190.05M | 172.39M | 163.82M | 153.61M | 148.42M | 134.73M | 118.98M | 103.60M | 79.43M | 65.54M | 52.60M | 45.51M | 41.60M | 37.40M | 35.60M | 32.40M | 29.90M | 26.30M | 24.30M | 22.60M | 20.20M |
| Gross Profit Ratio | 61.42% | 61.11% | 60.44% | 61.61% | 62.62% | 65.50% | 64.42% | 63.29% | 63.37% | 64.07% | 64.53% | 66.14% | 66.43% | 66.80% | 65.93% | 66.50% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | -0.15 | -0.31 | -0.23 | 0.09 | 0.00 | 0.06 | 0.38 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 25.89M | 37.94M | 34.17M | 23.95M | 26.07M | 22.09M | 22.58M | 19.55M | 20.26M | 19.76M | 17.54M | 15.49M | 0.00 | 0.00 | 0.00 | 0.00 | 15.10M | 12.62M | 8.01M | 6.19M | 5.28M | 4.58M | 9.17M | 10.29M | 6.17M | 6.56M | 4.24M | 3.10M | 3.36M | 3.22M | 2.80M | 2.80M | 0.00 | 2.60M | 2.60M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 25.89M | 37.94M | 34.17M | 23.95M | 26.07M | 22.09M | 22.58M | 19.55M | 20.26M | 19.76M | 17.54M | 15.49M | 15.73M | 14.41M | 13.91M | 12.32M | 15.10M | 12.62M | 8.01M | 6.19M | 5.28M | 4.58M | 9.17M | 10.29M | 6.17M | 6.56M | 4.24M | 3.10M | 3.36M | 3.22M | 2.80M | 2.80M | 0.00 | 2.60M | 2.60M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 137.15M | 91.72M | 72.66M | 120.03M | 136.25M | 121.23M | 507.00K | 297.00K | 709.00K | 825.00K | 926.00K | 975.00K | 93.30M | 93.99M | 94.04M | 86.43M | 149.69M | 121.44M | 105.28M | 90.84M | 83.62M | 73.11M | 32.98M | 28.03M | 29.11M | 24.56M | 21.22M | 18.84M | 13.25M | 10.82M | -18.30M | -16.60M | -16.10M | -15.30M | -14.60M | -13.70M | -12.60M | -11.20M | -9.90M |
| Operating Expenses | 163.04M | 129.67M | 106.83M | 143.98M | 162.32M | 143.32M | 134.64M | 127.95M | 129.19M | 115.77M | 103.28M | 118.56M | 109.03M | 108.40M | 107.95M | 98.75M | 164.79M | 134.06M | 113.28M | 97.03M | 88.89M | 77.68M | 42.15M | 38.32M | 35.28M | 31.11M | 25.46M | 21.93M | 16.60M | 14.03M | -15.50M | -13.80M | -16.10M | -12.70M | -12.00M | -13.70M | -12.60M | -11.20M | -9.90M |
| Cost & Expenses | 250.97M | 211.10M | 173.74M | 256.89M | 277.90M | 259.55M | 250.29M | 242.96M | 241.43M | 219.47M | 196.57M | 221.83M | 206.22M | 207.32M | 212.52M | 193.32M | 164.79M | 134.06M | 113.28M | 97.03M | 88.89M | 77.68M | 42.15M | 38.32M | 35.28M | 31.11M | 25.46M | 21.93M | 16.60M | 14.03M | -15.50M | -13.80M | -16.10M | -12.70M | -12.00M | -13.70M | -12.60M | -11.20M | -9.90M |
| Interest Income | 0.00 | 24.94M | 34.06M | 37.31M | 53.73M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.07M | 0.00 | 0.00 | 1.21M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 30.43M | 24.94M | 34.06M | 37.31M | 53.73M | 51.14M | 47.53M | 53.13M | 59.55M | 59.79M | 63.57M | 64.70M | 66.47M | 68.39M | 75.00M | 69.91M | 61.91M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 88.95M | 211.10M | 179.61M | 163.97M | 277.90M | 239.51M | 250.29M | 244.14M | 108.94M | 96.01M | 85.74M | 103.07M | 93.30M | 93.99M | 94.45M | 86.43M | 71.02M | 54.17M | 47.23M | 41.09M | 35.76M | 29.21M | 26.74M | 22.72M | 19.59M | 15.40M | 10.91M | 7.50M | 5.08M | 3.98M | 3.70M | 3.40M | 3.30M | 3.10M | 3.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 66.40M | 90.00M | 76.48M | 117.02M | 167.53M | 198.57M | 186.85M | 177.53M | 172.01M | 158.07M | 87.36M | 121.29M | 117.37M | 184.65M | 186.52M | 174.32M | 161.11M | 136.15M | 120.39M | 116.46M | 110.68M | 105.14M | 131.33M | 118.20M | 103.28M | 87.88M | 64.88M | 51.39M | 41.08M | 35.46M | 60.80M | 54.60M | 55.00M | 48.20M | 44.90M | 40.00M | 36.90M | 33.80M | 30.10M |
| EBITDA Ratio | 29.14% | 43.32% | 42.67% | 53.47% | 54.19% | 58.94% | 57.63% | 57.14% | 56.99% | 57.51% | 58.22% | 61.38% | 67.20% | 61.97% | 61.79% | 63.51% | 62.08% | 63.22% | 64.50% | 67.55% | 67.56% | 68.45% | 88.48% | 87.73% | 86.20% | 83.98% | 80.41% | 77.33% | 76.74% | 79.12% | 144.47% | 145.99% | 154.49% | 153.70% | 155.52% | 152.09% | 151.85% | 149.56% | 149.01% |
| Operating Income | -23.06M | -1.01M | -484.00K | 37.23M | 31.28M | 77.95M | 66.56M | 171.50M | 148.14M | 64.03M | 65.19M | 80.82M | 83.31M | 90.66M | 94.41M | 88.99M | 90.87M | 85.60M | 76.76M | 75.37M | 74.93M | 75.93M | 106.28M | 96.42M | 83.69M | 72.48M | 53.97M | 43.61M | 36.00M | 31.48M | 57.10M | 51.20M | 51.70M | 45.10M | 41.90M | 40.00M | 36.90M | 33.80M | 30.10M |
| Operating Income Ratio | -10.12% | -0.48% | -0.29% | 12.66% | 10.12% | 23.14% | 20.47% | 54.75% | 48.35% | 22.18% | 24.79% | 26.50% | 28.77% | 30.42% | 30.76% | 31.52% | 35.54% | 38.97% | 40.39% | 43.72% | 45.74% | 49.43% | 71.60% | 71.56% | 70.35% | 69.97% | 67.95% | 66.54% | 68.44% | 69.17% | 137.26% | 136.90% | 145.22% | 139.20% | 140.13% | 152.09% | 151.85% | 149.56% | 149.01% |
| Total Other Income/Expenses | -29.91M | -29.15M | -48.55M | -37.90M | -35.53M | -51.68M | -23.11M | -52.83M | -58.96M | -58.96M | -65.38M | -59.65M | -47.97M | -61.20M | -66.05M | -72.21M | -58.73M | 906.00K | -36.32M | -34.50M | 0.00 | 0.00 | 1.69M | 943.00K | 732.00K | 880.00K | 1.01M | 708.00K | 715.19K | -550.28K | 700.00K | 0.00 | 0.00 | -1.60M | -1.60M | -40.00M | -36.90M | -33.80M | -30.10M |
| Income Before Tax | -52.98M | -30.87M | -53.14M | -15.68M | 29.13M | 25.63M | 19.53M | 118.67M | 89.19M | 5.07M | -193.00K | 17.10M | 65.35M | 13.13M | 26.02M | 85.12M | 94.05M | 86.51M | 78.19M | 0.00 | 0.00 | 0.00 | 107.96M | 97.36M | 84.43M | 73.36M | 54.98M | 44.32M | 36.71M | 30.93M | 57.80M | 0.00 | 0.00 | 43.50M | 40.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | -23.24% | -14.74% | -31.42% | -5.33% | 9.42% | 7.61% | 6.01% | 37.88% | 29.11% | 1.76% | -0.07% | 5.61% | 22.57% | 4.41% | 8.48% | 30.15% | 36.79% | 39.38% | 41.14% | 0.00% | 0.00% | 0.00% | 72.74% | 72.26% | 70.96% | 70.82% | 69.22% | 67.62% | 69.80% | 67.96% | 138.94% | 0.00% | 0.00% | 134.26% | 134.78% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 29.86M | -31.35M | 37.31M | -300.68M | -1.18M | -84.00K | -615.00K | 59.70M | -45.96M | 26.96M | 59.06M | -21.57M | 44.09M | 59.87M | 56.15M | 28.99M | 46.94M | -874.00K | 29.80M | 30.04M | 24.09M | 53.92M | 51.28M | 39.39M | 31.42M | 23.83M | 15.93M | 9.89M | 8.36M | 33.90M | 30.80M | 33.30M | 29.00M | 27.60M | -11.60M | -10.50M | -10.30M | -12.90M |
| Net Income | -52.98M | -60.73M | -21.79M | -52.99M | 383.55M | 25.63M | 19.67M | 119.34M | 89.74M | 111.64M | 37.35M | 23.71M | 104.88M | 37.43M | 40.75M | 32.84M | 61.88M | 38.66M | 77.64M | 45.56M | 44.89M | 51.84M | 52.35M | 45.14M | 44.30M | 41.06M | 30.14M | 27.96M | 26.10M | 23.12M | 23.20M | 20.40M | 18.40M | 16.10M | 14.30M | 11.60M | 10.50M | 10.30M | 12.90M |
| Net Income Ratio | -23.24% | -29.00% | -12.88% | -18.01% | 124.05% | 7.61% | 6.05% | 38.10% | 29.29% | 38.68% | 14.20% | 7.77% | 36.23% | 12.56% | 13.28% | 11.63% | 24.20% | 17.60% | 40.85% | 26.43% | 27.40% | 33.75% | 35.27% | 33.50% | 37.24% | 39.64% | 37.94% | 42.67% | 49.63% | 50.81% | 55.77% | 54.55% | 51.69% | 49.69% | 47.83% | 44.11% | 43.21% | 45.58% | 63.86% |
| EPS | -0.61 | -0.69 | -0.26 | -0.64 | 0.55 | 0.32 | 0.25 | 1.65 | 1.31 | 1.67 | 0.55 | 0.35 | 1.59 | 0.60 | 0.71 | 0.67 | 1.35 | 0.89 | 1.85 | 1.08 | 1.08 | 1.33 | 1.35 | 1.26 | 1.24 | 1.15 | 0.90 | 0.88 | 0.88 | 0.82 | 0.82 | 0.76 | 0.75 | 0.69 | 0.64 | 0.56 | 0.51 | 0.50 | 0.70 |
| EPS Diluted | -0.61 | -0.69 | -0.26 | -0.64 | 0.55 | 0.32 | 0.25 | 1.65 | 1.31 | 1.67 | 0.55 | 0.35 | 1.58 | 0.60 | 0.71 | 0.67 | 1.34 | 0.88 | 1.84 | 1.08 | 1.08 | 1.32 | 1.35 | 1.26 | 1.24 | 1.15 | 0.90 | 0.88 | 0.88 | 0.82 | 0.82 | 0.76 | 0.75 | 0.69 | 0.64 | 0.56 | 0.51 | 0.50 | 0.70 |
| Weighted Avg Shares Out | 87.74M | 87.39M | 84.54M | 82.35M | 80.26M | 78.96M | 76.82M | 72.16M | 68.18M | 66.80M | 66.58M | 66.24M | 65.98M | 62.14M | 56.89M | 49.14M | 45.91M | 43.68M | 42.07M | 41.62M | 39.24M | 39.03M | 37.31M | 35.73M | 35.71M | 35.71M | 33.48M | 31.78M | 29.66M | 28.20M | 28.29M | 26.84M | 24.53M | 23.33M | 22.34M | 20.71M | 20.59M | 20.60M | 18.43M |
| Weighted Avg Shares Out (Dil) | 87.74M | 87.39M | 84.54M | 82.35M | 80.34M | 79.04M | 76.82M | 72.34M | 68.31M | 66.84M | 66.58M | 66.38M | 65.98M | 62.26M | 56.97M | 49.37M | 46.12M | 43.87M | 42.20M | 41.80M | 39.72M | 39.27M | 37.94M | 35.82M | 35.72M | 35.75M | 33.48M | 31.78M | 29.66M | 28.23M | 28.29M | 26.84M | 24.53M | 23.33M | 22.34M | 20.71M | 20.59M | 20.60M | 18.43M |
3 Top REITs to Buy as Inflation is Still Running Hot
Amid inflationary pressure, one should consider investing in REITs like Broadstone Net Lease (BNL), NexPoint Residential Trust (NXRT) & Elme Communities (ELME) for steady returns.
Apartment REITs: Tracking For Soft Landing
Apartment REITs were the second-worst-performing property sector in 2022 - barely outperforming the troubled office sector - despite delivering a record year of operating performance highlighted by 20% FFO growth. Following two years of historic rent growth, there is little...
Risks Of 'No Landing'
U.S. equity markets were mixed on a choppy week as investors readjusted expectations for inflation and interest rates following data indicating an uptick in economic activity and persisting price pressures. Posting its first back-to-back weekly declines of the year, the...
Elme Communities (ELME) Q4 2022 Earnings Call Transcript
Elme Communities (NYSE:ELME ) Q4 2022 Earnings Conference Call February 17, 2023 10:00 AM ET Company Participants Amy Hopkins - Vice President, Investor Relations Paul McDermott - President and Chief Executive Officer Steve Riffee - Executive Vice President and Chief...
Elme (ELME) Q4 FFO and Revenues Miss Estimates
Elme (ELME) delivered FFO and revenue surprises of -4% and 0.84%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Elme Communities to Release Fourth Quarter 2022 Results on Thursday, February 16th
WASHINGTON, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME) will release fourth quarter earnings results after market close on Thursday, February 16, 2023.
WashREIT (WRE) Expects 14% Core FFO Growth in 2023
Washington Real Estate Investment Trust (WRE) experiences strong performance during its peak leasing months this year on the back of healthy demand and pricing power.
WashREIT to Release Third Quarter 2022 Results on Thursday, October 27th
WASHINGTON, Sept. 19, 2022 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE), a multifamily real estate investment trust (REIT) that primarily owns and operates value-oriented apartment communities in the Washington Metro and Southeast, will release third quarter earnings results after market close on...
Washington Real Estate: Too Concentrated In Just One Economic Region
Washington Real Estate Investment Trust is successfully pivoting to being a pure-play multifamily REIT after disposing of all but one of their commercial properties in 2021. Their focus on multifamily rentals is enabling the REIT to capitalize on double-digit rental...
Washington Real Estate Investment Trust (WRE) CEO Paul McDermott on Q2 2022 Results - Earnings Call Transcript
Washington Real Estate Investment Trust (NYSE:WRE ) Q2 2022 Results Conference Call July 29, 2022 10:00 AM ET Company Participants Amy Hopkins - VP, IR Paul McDermott - President and CEO Steve Riffee - EVP and CFO Grant Montgomery -...
Source: https://incomestatements.info
Category: Stock Reports