Income Statement Elme Communities

Stocks

ELME

US9396531017

Residential REITs

Market Closed - NYSE Other stock markets 16:00:02 2026-08-05 EDT			5-day change	1st Jan Change
1.640 ^USD	+1.23%		+0.61%	-90.57%

07-23	FPA Multifamily, LLC entered into a purchase and sale agreement to acquire Riverside Apartments, a 1,222 unit community in Virginia from Elme Communities for $250 million.	CI
06-25	Top Premarket Decliners	MT

7914f97a43e4fe78aa9746cb.14p0O3bnW-nMYi72IRjRdlaXQNrXUAServYYuqps0qk.nP0OZBm3CbbhV1fFaVTnDBfeA5viCkrqzKxH5doBp-KN-iJdTt52moFPFg

Published financial data: ELME COMMUNITIES

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: October	2021	2022	2023	2024	2025
Rental Revenues	169M	209M	228M	242M	248M
Total Revenues	169M	209M	228M	242M	248M
Property Expenses	66.92M	81.44M	87.94M	97.56M	101M
Selling General & Admin Expenses, Total	27.54M	28.26M	25.89M	24.97M	65.51M
Depreciation & Amortization - (IS) - (Collected)	72.66M	91.72M	88.95M	95.94M	93.79M
Other Operating Expenses	-	-	-	-	-
Total Operating Expenses	167M	201M	203M	218M	260M
Operating Income (REIT / Utility Template)	2.04M	7.96M	25.14M	23.47M	-12.59M
Interest Expense, Total	-34.06M	-24.94M	-30.43M	-37.84M	-38.34M
Net Interest Expenses	-34.06M	-24.94M	-30.43M	-37.84M	-38.34M
Other Non Operating Income (Expenses)	-4.06M	712K	569K	1.41M	-
EBT, Excl. Unusual Items	-36.08M	-16.26M	-4.72M	-12.96M	-50.93M
Restructuring Charges	-6.64M	-9.69M	-6.34M	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Asset Writedown	-	-	-41.86M	-	-134M
Insurance Settlements	1M	-	-	-	-
Legal Settlements	1.3M	-	-	-	-
Other Unusual Items	-12.73M	-4.92M	-54K	-147K	-
EBT, Incl. Unusual Items	-53.14M	-30.87M	-52.98M	-13.1M	-185M
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	-53.14M	-30.87M	-52.98M	-13.1M	-185M
Earnings Of Discontinued Operations	69.52M	-	-	-	-
Net Income to Company	16.38M	-30.87M	-52.98M	-13.1M	-185M
Minority Interest	-	-	-	-	-
Net Income - (IS)	16.38M	-30.87M	-52.98M	-13.1M	-185M
Preferred Dividend and Other Adjustments	393K	232K	255K	287K	312K
Net Income to Common Incl Extra Items	15.99M	-31.1M	-53.23M	-13.39M	-185M
Net Income to Common Excl. Extra Items	-53.53M	-31.1M	-53.23M	-13.39M	-185M
Per Share Items
Net EPS - Basic	0.19	-0.36	-0.61	-0.15	-2.1
Basic EPS - Continuing Operations	-0.63	-0.36	-0.61	-0.15	-2.1
Basic Weighted Average Shares Outstanding	84.54M	87.39M	87.74M	87.92M	88.09M
Net EPS - Diluted	0.19	-0.36	-0.61	-0.15	-2.1
Diluted EPS - Continuing Operations	-0.63	-0.36	-0.61	-0.15	-2.1
Diluted Weighted Average Shares Outstanding	84.54M	87.39M	87.74M	87.92M	88.09M
Normalized Basic EPS	-0.27	-0.12	-0.03	-0.09	-0.36
Normalized Diluted EPS	-0.27	-0.12	-0.03	-0.09	-0.36
Dividend Per Share	0.94	0.68	0.72	0.72	0.65
Payout Ratio	553.76	-192.31	-121.44	-485.66	-41.32
Supplemental Items
EBITDA	74.7M	99.68M	114M	119M	81.21M
EBITA	2.04M	7.96M	25.14M	23.47M	-12.59M
EBIT	2.04M	7.96M	25.14M	23.47M	-12.59M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	-	-	-	-	-
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-22.55M	-10.17M	-2.95M	-8.1M	-31.83M
Interest Capitalized	750K	283K	-	-	-
Interest on Long-Term Debt	31.65M	25.22M	30.43M	37.84M	9.26M
Supplemental Operating Expense Items
General and Administrative Expenses	27.54M	28.26M	25.89M	24.97M	65.51M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	3.8M	5M	4M	5.3M	-
Stock-Based Comp., Other (Total)	8.55M	7.99M	5.54M	5.22M	6.42M
Total Stock-Based Compensation	8.55M	7.99M	5.54M	5.22M	6.42M

Fiscal Period: October	2021	2022	2023	2024	2025
Assets
Gross Property Plant And Equipment	2B	2.3B	2.38B	2.41B	-
Accumulated Depreciation	-403M	-482M	-528M	-618M	-
Net Property Plant And Equipment	1.59B	1.82B	1.85B	1.8B	-
Total Real Estate Assets	1.59B	1.82B	1.85B	1.8B	-
Cash And Equivalents	234M	8.39M	5.98M	6.14M	-
Accounts Receivable, Total	15.07M	16.35M	17.64M	12.51M	-
Restricted Cash	620K	1.46M	2.55M	2.46M	-
Other Current Assets, Total	29.5M	19.87M	22.03M	26.19M	-
Trading Asset Securities, Total	-	2M	1.23M	-913K	-
Deferred Charges Long-Term	4.36M	3.86M	3.51M	3.35M	-
Total Assets	1.88B	1.87B	1.9B	1.85B	-
Liabilities
Current Portion of Long-Term Debt	-	100M	-	-	-
Current Portion of Leases	1.15M	-	-	-	-
Short-Term Borrowings	-	-	-	936K	-
Long-Term Debt	498M	452M	679M	699M	-
Long-Term Leases	3.23M	-	-	-	-
Accounts Payable, Total	35.39M	34.39M	39M	35.36M	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	14.65M	14.93M	15.86M	15.9M	-
Unearned Revenue Non Current	2.08M	1.58M	5.25M	6.26M	-
Other Non Current Liabilities	4.67M	5.56M	6.22M	6.28M	-
Total Liabilities	559M	609M	746M	764M	-
Common Stock, Total	863K	875K	879K	880K	-
Additional Paid In Capital	1.7B	1.73B	1.74B	1.74B	-
Distributions In Excess Of Earnings	-362M	-453M	-569M	-646M	-
Comprehensive Income and Other	-19.09M	-14.23M	-12.96M	-13.07M	-
Total Common Equity	1.32B	1.26B	1.15B	1.08B	-
Minority Interest	307K	298K	290K	281K	-
Total Equity	1.32B	1.26B	1.15B	1.08B	-
Total Liabilities And Equity	1.88B	1.87B	1.9B	1.85B	-
Supplemental Items
ECS Total Shares Outstanding on Filing Date	87.42M	87.7M	87.87M	88.03M	88.86M
ECS Total Common Shares Outstanding	86.26M	87.53M	87.87M	88.03M	88.16M
Book Value / Share	15.26	14.43	13.13	12.29	-
Tangible Book Value	1.32B	1.26B	1.15B	1.08B	-
Tangible Book Value Per Share	15.26	14.43	13.13	12.29	-
Total Debt	502M	552M	679M	700M	-
Net Debt	269M	542M	672M	695M	-
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	307K	298K	290K	281K	-
Account Code - Inventory Valuation	3	3	3	3	-
Land - (BS)	323M	373M	384M	384M	-
Full Time Employees	53	102	243	255	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: October	2021	2022	2023	2024	2025
Net Income	16.38M	-30.87M	-52.98M	-13.1M	-185M
Depreciation, Depletion & Amortization	72.66M	91.72M	88.95M	95.94M	93.79M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Total Depreciation, Depletion & Amortization	72.66M	91.72M	88.95M	95.94M	93.79M
(Gain) Loss On Sale of Asset - (CF)	-46.44M	-	-	-	-
Total Asset Writedown	-	-	41.86M	-	134M
Provision for Credit Losses	2.48M	2.48M	4.83M	5.16M	4.26M
Stock-Based Compensation (CF)	8.55M	7.99M	5.54M	5.22M	6.42M
Provision and Write-off of Bad Debts	-	-	-	-	-
Change in Other Net Operating Assets (Collected)	-10.3M	-7.08M	-7.81M	-1.13M	16.86M
Other Operating Activities	22.92M	8.97M	4.27M	3.16M	4.28M
Net Cash From Discontinued Operations	22.9M	-	-	-	-
Cash from Operations	89.16M	73.21M	84.67M	95.24M	74.69M
Acquisition of Real Estate Assets, Total	-195M	-243M	-146M	-47.6M	-32.38M
Sale of Real Estate Assets, Total	898M	-	-	-	-
Net Sale / Acquisition of Real Estate Assets	703M	-243M	-146M	-47.6M	-32.38M
Other Investing Activities, Total	-1M	2.22M	-	3.86M	-
Cash from Investing	702M	-241M	-146M	-43.74M	-32.38M
Long-Term Debt Issued, Total	-	55M	227M	19M	29M
Total Debt Issued	-	55M	227M	19M	34.8M
Long-Term Debt Repaid, Total	-504M	-76.6M	-100M	-	-
Total Debt Repaid	-504M	-76.6M	-100M	-	-
Issuance of Common Stock	42.21M	27.88M	497K	-	-
Repurchase of Common Stock	-2.24M	-3.29M	-2.07M	-1.11M	-275K
Common Dividends Paid	-90.73M	-59.36M	-64.34M	-63.64M	-76.45M
Common & Preferred Stock Dividends Paid	-90.73M	-59.36M	-64.34M	-63.64M	-76.45M
Other Financing Activities, Total	-10.74M	-48K	-852K	-5.68M	-39.6K
Cash from Financing	-565M	-56.42M	60.24M	-51.43M	-41.96M
Net Change in Cash	226M	-224M	-1.31M	71K	346K
Supplemental Items
Cash Interest Paid	27.17M	20.84M	23.5M	32.22M	35.85M
Cash Income Tax Paid (Refund)	-	-	-	-	-
Net Debt Issued / Repaid	-504M	-21.6M	127M	19M	34.8M
Levered Free Cash Flow	902M	89.89M	91.77M	89.42M	-
Unlevered Free Cash Flow	923M	105M	111M	113M	-
Change In Net Working Capital	-840M	-2.54M	-995K	2.54M	-

Fiscal Period: October	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.06	0.27	0.83	0.78	-
Return on Total Capital	0.06	0.27	0.86	0.81	-
Return On Equity %	-4.03	-2.39	-4.38	-1.17	-
Return on Common Equity	-4.06	-2.41	-4.4	-1.2	-
Margin Analysis
Gross Profit Margin %	60.44	61.11	61.42	59.67	59.25
SG&A Margin	16.28	13.5	11.36	10.32	26.45
EBITDA Margin %	44.16	47.61	50.06	49.35	32.79
EBITA Margin %	1.21	3.8	11.03	9.7	-5.08
EBIT Margin %	1.21	3.8	11.03	9.7	-5.08
Income From Continuing Operations Margin %	-31.42	-14.74	-23.24	-5.42	-74.71
Net Income Margin %	9.69	-14.74	-23.24	-5.42	-74.71
Net Avail. For Common Margin %	-31.65	-14.85	-23.36	-5.53	-74.83
Normalized Net Income Margin	-13.33	-4.86	-1.3	-3.35	-12.85
Levered Free Cash Flow Margin	532.98	42.93	40.26	36.96	-
Unlevered Free Cash Flow Margin	545.56	50.38	48.61	46.73	-
Asset Turnover
Asset Turnover	0.08	0.11	0.12	0.13	-
Fixed Assets Turnover	0.11	0.12	0.12	0.13	-
Receivables Turnover (Average Receivables)	12.55	13.33	13.41	16.05	-
Short Term Liquidity
Current Ratio	5.45	0.32	0.9	0.89	-
Quick Ratio	4.86	0.18	0.45	0.34	-
Operating Cash Flow to Current Liabilities	1.74	0.49	1.54	1.82	-
Days Sales Outstanding (Average Receivables)	29.08	27.38	27.22	22.81	-
Average Days Payable Outstanding	188.73	166.17	152.29	139.47	-
Long Term Solvency
Total Debt/Equity	38.13	43.71	58.85	64.68	-
Total Debt / Total Capital	27.6	30.41	37.05	39.28	-
LT Debt/Equity	38.04	35.79	58.85	64.59	-
Long-Term Debt / Total Capital	27.54	24.91	37.05	39.22	-
Total Liabilities / Total Assets	29.79	32.51	39.25	41.37	-
EBIT / Interest Expense	0.06	0.32	0.83	0.62	-0.33
EBITDA / Interest Expense	2.23	4	3.75	3.16	2.12
(EBITDA - Capex) / Interest Expense	2.22	3.93	3.74	3.15	2.12
Total Debt / EBITDA	6.62	5.54	5.95	5.86	-
Net Debt / EBITDA	3.54	5.44	5.89	5.82	-
Total Debt / (EBITDA - Capex)	6.63	5.64	5.98	5.87	-
Net Debt / (EBITDA - Capex)	3.55	5.53	5.91	5.83	-
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-3.89	23.78	8.85	6.15	-
Gross Profit, 1 Yr. Growth %	-4.34	25.14	9.4	3.14	-
EBITDA, 1 Yr. Growth %	-11.1	33.45	14.45	4.66	-
EBITA, 1 Yr. Growth %	-85.08	289.96	215.66	-6.63	-
EBIT, 1 Yr. Growth %	-85.08	289.96	215.66	-6.63	-
Earnings From Cont. Operations, 1 Yr. Growth %	31.8	-41.91	71.62	-75.27	-
Net Income, 1 Yr. Growth %	-204.49	-288.4	71.62	-75.27	-
Diluted EPS Before Extra, 1 Yr. Growth %	26.64	-43.15	69.44	-75.03	-
Normalized Net Income, 1 Yr. Growth %	52.78	-54.92	-70.96	174.26	-
Net Property, Plant and Equip., 1 Yr. Growth %	7.88	14.3	1.45	-2.76	-
Accounts Receivable, 1 Yr. Growth %	26.74	8.49	7.93	-29.08	-
Total Assets, 1 Yr. Growth %	-22.15	-0.18	1.46	-2.86	-
Common Equity, 1 Yr. Growth %	-0.31	-4.05	-8.66	-6.26	-
Tangible Book Value, 1 Yr. Growth %	-0.31	-4.05	-8.66	-6.26	-
Cash From Operations, 1 Yr. Growth %	-21.09	-17.88	15.65	12.49	-
Capital Expenditures, 1 Yr. Growth %	-77.93	3.46K	-76.59	-48.04	-
Levered Free Cash Flow, 1 Yr. Growth %	-231.77	-90.04	2.09	-2.56	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-239.64	-88.62	5.03	2.06	-
Dividend Per Share, 1 Yr. Growth %	-21.67	-27.66	5.88	0	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-2.17	9.07	16.08	7.49	-
Gross Profit, 2 Yr. CAGR %	-2.4	9.41	17.01	6.23	-
EBITDA, 2 Yr. CAGR %	-4.12	9.64	23.58	9.44	-
EBITA, 2 Yr. CAGR %	-1.53	-20.47	250.85	71.68	-
EBIT, 2 Yr. CAGR %	-1.53	-20.47	250.85	71.68	-
Earnings From Cont. Operations, 2 Yr. CAGR %	253.48	-12.5	-0.15	-34.85	-
Net Income, 2 Yr. CAGR %	-79.33	40.31	79.82	-34.85	-
Diluted EPS Before Extra, 2 Yr. CAGR %	177.86	-15.15	-1.85	-34.96	-
Normalized Net Income, 2 Yr. CAGR %	-19.62	-18.88	-62.6	-10.75	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-18.36	11.04	7.69	-0.68	-
Accounts Receivable, 2 Yr. CAGR %	-51.95	17.26	8.21	-12.51	-
Total Assets, 2 Yr. CAGR %	-15.52	-11.85	0.64	-0.72	-
Common Equity, 2 Yr. CAGR %	-3.42	-2.19	-6.38	-7.47	-
Tangible Book Value, 2 Yr. CAGR %	-3.42	-2.19	-6.38	-7.47	-
Cash From Operations, 2 Yr. CAGR %	-17.48	-19.5	-2.55	14.06	-
Capital Expenditures, 2 Yr. CAGR %	-68.41	180.2	188.56	-65.12	-
Levered Free Cash Flow, 2 Yr. CAGR %	98.51	-63.77	-68.11	-0.26	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	87.55	-60.07	-65.43	3.53	-
Dividend Per Share, 2 Yr. CAGR %	-11.49	-24.72	-12.48	2.9	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-16.61	5.81	9	12.67	-
Gross Profit, 3 Yr. CAGR %	-18.11	6.03	9.41	12.19	-
EBITDA, 3 Yr. CAGR %	-22.87	7.05	11.22	16.92	-
EBITA, 3 Yr. CAGR %	-65.79	55.79	25.92	125.67	-
EBIT, 3 Yr. CAGR %	-66.06	55.79	25.92	125.67	-
Earnings From Cont. Operations, 3 Yr. CAGR %	258.53	93.61	9.53	-37.29	-
Net Income, 3 Yr. CAGR %	-13.86	-56.83	50.05	-7.18	-
Diluted EPS Before Extra, 3 Yr. CAGR %	330.43	63.73	6.85	-37.81	-
Normalized Net Income, 3 Yr. CAGR %	175.68	-33.71	-42.4	-27.34	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-7.3	-8.67	7.75	4.08	-
Accounts Receivable, 3 Yr. CAGR %	-38.24	-36.96	14.06	-6.01	-
Total Assets, 3 Yr. CAGR %	-8.1	-10.69	-7.62	-0.54	-
Common Equity, 3 Yr. CAGR %	7.22	-3.63	-4.4	-6.34	-
Tangible Book Value, 3 Yr. CAGR %	7.22	-3.63	-4.4	-6.34	-
Cash From Operations, 3 Yr. CAGR %	-15.42	-17.61	-9.17	2.23	-
Capital Expenditures, 3 Yr. CAGR %	-62.94	52.55	22.49	62.95	-
Levered Free Cash Flow, 3 Yr. CAGR %	277.41	-26.76	-48.83	-53.72	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	296.6	-26.19	-44.88	-50.41	-
Dividend Per Share, 3 Yr. CAGR %	-7.82	-17.25	-15.66	-8.5	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-11.6	-5.67	-4.82	6.48	-
Gross Profit, 5 Yr. CAGR %	-12.3	-6.06	-5.54	6.11	-
EBITDA, 5 Yr. CAGR %	-15.94	-8.03	-6.87	8	-
EBITA, 5 Yr. CAGR %	-52.8	-30.78	-13.19	61.96	-
EBIT, 5 Yr. CAGR %	-50.56	-30.99	-13.61	61.96	-
Earnings From Cont. Operations, 5 Yr. CAGR %	-14.93	53.96	115.01	25.24	-
Net Income, 5 Yr. CAGR %	-32.78	9.43	15.63	-49.1	-
Diluted EPS Before Extra, 5 Yr. CAGR %	-17.43	48.16	138.29	13.18	-
Normalized Net Income, 5 Yr. CAGR %	17.12	28.32	22.36	-25.34	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-5.09	-2.56	-1.58	-5.55	-
Accounts Receivable, 5 Yr. CAGR %	-25.19	-25.19	-22.71	-28.13	-
Total Assets, 5 Yr. CAGR %	-3.6	-4.52	-4.7	-6.82	-
Common Equity, 5 Yr. CAGR %	4.61	2.9	1.56	-5.18	-
Tangible Book Value, 5 Yr. CAGR %	4.61	2.9	1.56	-5.18	-
Cash From Operations, 5 Yr. CAGR %	-4.92	-10.93	-10.49	-6.17	-
Capital Expenditures, 5 Yr. CAGR %	-44.37	-14.73	-15.78	-15.46	-
Levered Free Cash Flow, 5 Yr. CAGR %	44.18	28.63	40.49	-17.13	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	38.99	14	49.58	-15.49	-
Dividend Per Share, 5 Yr. CAGR %	-4.77	-10.74	-9.71	-9.71	-