Elme Communities (ELME) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
241.9M
Gross Profit
144.4M
59.67%
Operating Income
23.5M
9.70%
Net Income
-13.1M
-5.42%
Balance Sheet Metrics
Total Assets
1.8B
Total Liabilities
763.7M
Shareholders Equity
1.1B
Debt to Equity
0.71
Cash Flow Metrics
Operating Cash Flow
89.9M
Free Cash Flow
95.2M
Revenue & Profitability Trend
Elme Communities Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 241.9M | 227.9M | 209.4M | 169.2M | 176.0M |
| Cost of Goods Sold | 97.6M | 87.9M | 81.4M | 66.9M | 69.1M |
| Gross Profit | 144.4M | 140.0M | 127.9M | 102.2M | 106.9M |
| Operating Expenses | 25.0M | 25.9M | 37.9M | 34.2M | 24.0M |
| Operating Income | 23.5M | 25.1M | 8.0M | 2.0M | 12.6M |
| Pre-tax Income | -13.1M | -53.0M | -30.9M | -53.1M | -40.3M |
| Income Tax | - | - | - | - | - |
| Net Income | -13.1M | -53.0M | -30.9M | 16.4M | -15.7M |
| EPS (Diluted) | - | -$0.61 | -$0.36 | $0.19 | -$0.20 |
Income Statement Trend
Elme Communities Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 21.1M | 26.2M | 26.2M | 249.3M | 933.3M |
| Non-Current Assets | 1.8B | 1.9B | 1.8B | 1.6B | 1.5B |
| Total Assets | 1.8B | 1.9B | 1.9B | 1.9B | 2.4B |
| Liabilities | |||||
| Current Liabilities | 234.4M | 217.1M | 105.9M | 57.3M | 139.1M |
| Non-Current Liabilities | 529.2M | 528.6M | 502.9M | 501.6M | 949.6M |
| Total Liabilities | 763.7M | 745.7M | 608.8M | 558.9M | 1.1B |
| Equity | |||||
| Total Shareholders Equity | 1.1B | 1.2B | 1.3B | 1.3B | 1.3B |
Balance Sheet Composition
Elme Communities Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -13.1M | -53.0M | -30.9M | 16.4M | -15.7M |
| Operating Cash Flow | 89.9M | 37.9M | 65.8M | 114.5M | 92.0M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Investing Cash Flow | 3.6M | -408.0K | 481.0K | -49.0K | -222.0K |
| Financing Activities | |||||
| Dividends Paid | -63.6M | -64.3M | -59.4M | -90.7M | -99.1M |
| Financing Cash Flow | -45.8M | 61.1M | -56.4M | -560.5M | -181.9M |
| Free Cash Flow | 95.2M | 84.7M | 73.2M | 89.2M | 113.0M |
Cash Flow Trend
Elme Communities Key Financial Ratios
Valuation Ratios
Forward P/E
-145.55
Price to Book
1.33
Price to Sales
5.79
PEG Ratio
-145.55
Profitability Ratios
Profit Margin
-5.79%
Operating Margin
7.78%
Return on Equity
-1.29%
Return on Assets
0.80%
Financial Health
Current Ratio
0.28
Debt to Equity
66.39
Beta
1.00
Per Share Data
EPS (TTM)
-$0.16
Book Value per Share
$12.06
Revenue per Share
$2.77
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| elme | 1.4B | - | 1.33 | -1.29% | -5.79% | 66.39 |
| AvalonBay | 29.6B | 25.83 | 2.48 | 9.69% | 38.31% | 71.14 |
| Equity Residential | 27.0B | 26.36 | 2.38 | 8.90% | 33.11% | 70.33 |
| NexPoint Residential | 1.7B | 936.25 | 2.29 | -7.13% | -12.56% | 380.02 |
| Veris Residential | 1.7B | -58.32 | 1.30 | -3.09% | -10.70% | 137.35 |
| UMH Properties | 1.4B | 139.33 | 2.34 | 3.42% | 11.48% | 66.64 |
Financial data is updated regularly. All figures are in the company's reporting currency.