What is Elme Communities's earnings per share (EPS)?

Elme Communities (ELME) reported diluted earnings per share of $-0.15 for fiscal year 2024. This represents a 75.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Elme Communities Financials

ELME

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Elme Communities (ELME) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 46/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Elme Communities has an operating margin of 9.7%, meaning the company retains $10 of operating profit per $100 of revenue. This results in a moderate score of 44/100, indicating healthy but not exceptional operating efficiency. This is up from -10.1% the prior year.

Growth

Elme Communities's revenue grew 6.2% year-over-year to $241.9M, a solid pace of expansion. This earns a growth score of 44/100.

Leverage

Elme Communities carries a low D/E ratio of 0.71, meaning only $0.71 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 88/100, indicating a strong balance sheet with room for future borrowing.

Returns

Elme Communities generates a -1.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 8/100. This is up from -4.6% the prior year.

Piotroski F-Score Neutral

4/9

Elme Communities passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Mixed

-7.27x

For every $1 of reported earnings, Elme Communities generates $-7.27 in operating cash flow ($95.2M OCF vs -$13.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage Adequate

2.2x

Elme Communities earns $2.2 in operating income for every $1 of interest expense ($23.5M vs $10.5M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$241.9M

YoY+6.2%

5Y CAGR+6.5%

Elme Communities generated $241.9M in revenue in fiscal year 2024. This represents an increase of 6.2% from the prior year.

EBITDA

$119.4M

YoY+81.2%

5Y CAGR-8.9%

10Y CAGR-2.9%

Elme Communities's EBITDA was $119.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 81.2% from the prior year.

Net Income

-$13.1M

YoY+75.3%

Elme Communities reported -$13.1M in net income in fiscal year 2024. This represents an increase of 75.3% from the prior year.

EPS (Diluted)

$-0.15

YoY+75.4%

Elme Communities earned $-0.15 per diluted share (EPS) in fiscal year 2024. This represents an increase of 75.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$6.1M

YoY+2.7%

5Y CAGR-13.8%

10Y CAGR-9.0%

Elme Communities held $6.1M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.72

YoY+0.0%

5Y CAGR-9.7%

10Y CAGR-5.0%

Elme Communities paid $0.72 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding

88M

YoY+0.2%

5Y CAGR+1.4%

10Y CAGR+2.6%

Elme Communities had 88M shares outstanding in fiscal year 2024. This represents an increase of 0.2% from the prior year.

Margins & Returns

Gross Margin

63.3%

YoY-1.6pp

5Y CAGR-0.8pp

Elme Communities's gross margin was 63.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 1.6 percentage points from the prior year.

Operating Margin

9.7%

YoY+19.8pp

5Y CAGR-18.3pp

Elme Communities's operating margin was 9.7% in fiscal year 2024, reflecting core business profitability. This is up 19.8 percentage points from the prior year.

Net Margin

-5.4%

YoY+17.8pp

5Y CAGR-222.4pp

Elme Communities's net profit margin was -5.4% in fiscal year 2024, showing the share of revenue converted to profit. This is up 17.8 percentage points from the prior year.

Return on Equity

-1.2%

YoY+3.4pp

5Y CAGR-28.4pp

10Y CAGR-14.8pp

Elme Communities's ROE was -1.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 3.4 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

ELME Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$241.9M+6.2%	$227.9M+8.9%	$209.4M+23.8%	$169.2M-3.9%	$176.0M-0.4%	$176.7M
Cost of Revenue	$88.7M+11.1%	$79.8M+7.9%	$74.0M+21.7%	$60.8M-3.5%	$63.0M-0.5%	$63.3M
Gross Profit	$153.2M+3.5%	$148.1M+9.4%	$135.4M+24.9%	$108.4M-4.1%	$113.0M-0.4%	$113.4M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$25.0M-3.5%	$25.9M-8.4%	$28.3M+2.6%	$27.5M+15.0%	$24.0M-8.1%	$26.1M
Operating Income	$23.5M+201.8%	-$23.1M-1238.5%	-$1.7M+62.5%	-$4.6M-89.9%	-$2.4M-104.9%	$49.5M
Interest Expense	$10.5M-65.5%	$30.4M+22.0%	$24.9M-26.8%	$34.1M-8.7%	$37.3M-30.6%	$53.7M
Income Tax	N/A	N/A	N/A	N/A	N/A	$0
Net Income	-$13.1M+75.3%	-$53.0M-71.6%	-$30.9M-288.4%	$16.4M+204.5%	-$15.7M-104.1%	$383.6M
EPS (Diluted)	$-0.15+75.4%	$-0.61-69.4%	$-0.36-289.5%	$0.19+195.0%	$-0.20-104.2%	$4.75

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$20.7M-66.7%	$62.1M0.0%	$62.1M+1.0%	$61.5M+0.4%	$61.3M+0.3%	$61.1M+1.6%	$60.1M+1.0%	$59.5M
Cost of Revenue	N/A	$24.1M+6.5%	$22.7M+3.0%	$22.0M	N/A	$22.3M+1.3%	$22.0M+1.2%	$21.7M
Gross Profit	N/A	$38.0M-3.7%	$39.4M-0.2%	$39.5M	N/A	$38.8M+1.8%	$38.1M+0.9%	$37.8M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$14.1M+82.9%	$7.7M-16.7%	$9.2M	N/A	$6.4M+3.5%	$6.1M-0.9%	$6.2M
Operating Income	N/A	-$113.9M-2019.3%	$5.9M+24.0%	$4.8M	N/A	$6.7M+13.9%	$5.9M+33.3%	$4.4M
Interest Expense	N/A	$9.7M+1.7%	$9.5M+0.4%	$9.5M	N/A	$9.6M+1.8%	$9.4M-1.2%	$9.5M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$22.4M+81.9%	-$123.5M-3363.7%	-$3.6M+23.7%	-$4.7M-55.1%	-$3.0M-1.5%	-$3.0M+14.4%	-$3.5M+4.8%	-$3.6M
EPS (Diluted)	$-0.25+82.1%	$-1.40-3400.0%	$-0.04+20.0%	$-0.05-66.7%	$-0.030.0%	$-0.03+25.0%	$-0.040.0%	$-0.04

ELME Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$1.8B-2.9%	$1.9B+1.5%	$1.9B-0.2%	$1.9B-22.2%	$2.4B-8.3%	$2.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$6.1M+2.7%	$6.0M-28.7%	$8.4M-96.4%	$233.6M+2934.9%	$7.7M-40.5%	$12.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$763.7M+2.4%	$745.7M+22.5%	$608.8M+8.9%	$558.9M-48.7%	$1.1B-10.5%	$1.2B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.1B-6.3%	$1.2B-8.7%	$1.3B-4.0%	$1.3B-0.3%	$1.3B-6.4%	$1.4B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$2.1B+25.3%	$1.7B-6.8%	$1.8B-1.0%	$1.8B-1.0%	$1.8B-0.4%	$1.9B-0.4%	$1.9B-0.8%	$1.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$1.3B+18690.7%	$7.1M+48.1%	$4.8M-25.2%	$6.4M+4.1%	$6.1M+26.9%	$4.8M-14.0%	$5.6M+34.1%	$4.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.9B+141.1%	$777.7M+1.8%	$763.7M-0.1%	$764.4M+0.1%	$763.7M+1.3%	$754.2M+1.5%	$743.3M+0.4%	$740.1M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$238.9M-73.7%	$908.9M-13.1%	$1.0B-1.6%	$1.1B-1.7%	$1.1B-1.5%	$1.1B-1.7%	$1.1B-1.6%	$1.1B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ELME Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$95.2M+12.5%	$84.7M+15.7%	$73.2M-17.9%	$89.2M-21.1%	$113.0M-13.7%	$130.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$43.7M+70.1%	-$146.2M+39.4%	-$241.2M-134.3%	$702.2M+967.8%	$65.8M+7.7%	$61.0M
Financing Cash Flow	-$51.4M-185.4%	$60.2M+206.8%	-$56.4M+90.0%	-$565.4M-205.3%	-$185.2M-0.2%	-$184.8M
Dividends Paid	$63.6M-1.1%	$64.3M+8.4%	$59.4M-34.6%	$90.7M-8.4%	$99.1M+2.8%	$96.4M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	N/A	$16.2M-45.7%	$29.8M+84.5%	$16.2M-34.0%	$24.5M+18.6%	$20.7M-28.4%	$28.9M+36.0%	$21.2M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	-$12.5M-43.2%	-$8.8M-53.6%	-$5.7M+59.6%	-$14.1M-18.3%	-$11.9M-50.7%	-$7.9M+18.8%	-$9.8M
Financing Cash Flow	N/A	-$1.9M+91.8%	-$23.0M-126.5%	-$10.1M-12.9%	-$9.0M+4.7%	-$9.4M+52.8%	-$19.9M-52.3%	-$13.1M
Dividends Paid	N/A	$15.9M-0.2%	$15.9M+0.3%	$15.9M+0.1%	$15.9M-0.1%	$15.9M-0.1%	$15.9M0.0%	$15.9M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ELME Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	63.3%-1.6pp	65.0%+0.3pp	64.7%+0.6pp	64.1%-0.1pp	64.2%+0.0pp	64.2%
Operating Margin	9.7%+19.8pp	-10.1%-9.3pp	-0.8%+1.9pp	-2.7%-1.3pp	-1.4%-29.4pp	28.0%
Net Margin	-5.4%+17.8pp	-23.2%-8.5pp	-14.7%-24.4pp	9.7%+18.6pp	-8.9%-225.9pp	217.0%
Return on Equity	-1.2%+3.4pp	-4.6%-2.2pp	-2.4%-3.7pp	1.2%+2.4pp	-1.2%-28.4pp	27.2%
Return on Assets	-0.7%+2.1pp	-2.8%-1.1pp	-1.7%-2.5pp	0.9%+1.5pp	-0.7%-15.2pp	14.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.71+0.1	0.65+0.2	0.48+0.1	0.42-0.4	0.82-0.0	0.86
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	61.1%-2.4pp	63.5%-0.7pp	64.2%	N/A	63.5%+0.1pp	63.4%-0.1pp	63.5%
Operating Margin	N/A	-183.3%-192.9pp	9.6%+1.8pp	7.8%	N/A	11.0%+1.2pp	9.8%+2.4pp	7.5%
Net Margin	-108.4%+90.5pp	-198.9%-193.2pp	-5.7%+1.9pp	-7.6%-2.7pp	-4.9%-0.1pp	-4.9%+0.9pp	-5.8%+0.4pp	-6.1%
Return on Equity	-9.4%+4.2pp	-13.6%-13.3pp	-0.3%+0.1pp	-0.4%-0.2pp	-0.3%0.0pp	-0.3%+0.0pp	-0.3%+0.0pp	-0.3%
Return on Assets	-1.1%+6.3pp	-7.3%-7.1pp	-0.2%+0.1pp	-0.3%-0.1pp	-0.2%0.0pp	-0.2%+0.0pp	-0.2%0.0pp	-0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	7.85+7.0	0.86+0.1	0.73+0.0	0.72+0.0	0.71+0.0	0.69+0.0	0.67+0.0	0.65
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Elme Communities's annual revenue?

Elme Communities (ELME) reported $241.9M in total revenue for fiscal year 2024. This represents a 6.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Elme Communities's revenue growing?

Elme Communities (ELME) revenue grew by 6.2% year-over-year, from $227.9M to $241.9M in fiscal year 2024.

Is Elme Communities profitable?

No, Elme Communities (ELME) reported a net income of -$13.1M in fiscal year 2024, with a net profit margin of -5.4%.

What is Elme Communities's EBITDA?

Elme Communities (ELME) had EBITDA of $119.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Elme Communities's gross margin?

Elme Communities (ELME) had a gross margin of 63.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Elme Communities's operating margin?

Elme Communities (ELME) had an operating margin of 9.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Elme Communities's net profit margin?

Elme Communities (ELME) had a net profit margin of -5.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Elme Communities pay dividends?

Yes, Elme Communities (ELME) paid $0.72 per share in dividends during fiscal year 2024.

What is Elme Communities's return on equity (ROE)?

Elme Communities (ELME) has a return on equity of -1.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Elme Communities's operating cash flow?

Elme Communities (ELME) generated $95.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Elme Communities's total assets?

Elme Communities (ELME) had $1.8B in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Elme Communities have outstanding?

Elme Communities (ELME) had 88M shares outstanding as of fiscal year 2024.

What is Elme Communities's debt-to-equity ratio?

Elme Communities (ELME) had a debt-to-equity ratio of 0.71 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Elme Communities's return on assets (ROA)?

Elme Communities (ELME) had a return on assets of -0.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Elme Communities's Piotroski F-Score?

Elme Communities (ELME) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Elme Communities's earnings high quality?

Elme Communities (ELME) has an earnings quality ratio of -7.27x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Elme Communities cover its interest payments?

Elme Communities (ELME) has an interest coverage ratio of 2.2x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Elme Communities?

Elme Communities (ELME) scores 46 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.