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

FY2024 annual

Revenue $241.9M +6.2% YoY

Net Income -$13.1M +75.3% YoY

EPS (Diluted) -$0.15 +75.4% YoY

Free Cash Flow Not reported for FY2024

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 31, 2026 Currency USD FYE December

Elme Communities (ELME) reported $241.9M in revenue for fiscal year 2024, up 6.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI ELME FY2024 2026-08-29

Asset-heavy economics are recovering operationally, but rising leverage and below-operating-line effects still keep reported earnings negative.

Operating margin swung from -10.1% in FY2023 to 9.7% in FY2024, but operating recovery did not fully reach reported earnings. With interest expense at $10.5M, FY2024 net margin still at -5.4% indicates that effects below operating profit also mattered.

Liabilities rose from $558.9M in FY2021 to $763.7M in FY2024, increasing balance-sheet claims without a comparable expansion in the reported asset base. Debt-to-equity moved from 0.4x to 0.7x, showing a more leveraged financing structure.

Operating cash flow of $95.2M exceeded dividends paid of $63.6M in FY2024, indicating that reported distributions were supported by internally generated cash. Because free cash flow and capital expenditures are not reported, this comparison does not establish how much cash remained after reinvestment.

Financial Health Signals

Financial Health Score 49/100

Scored as: REITs peer group

Scored against REITs for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Elme Communities's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

FFO Margin

FFO Growth

Leverage

Not available for Elme Communities, and counted as zero in the overall score.

Interest Cov.

AFFO Margin

Dividend Cov.

Piotroski F-Score Partial

4/7

Elme Communities passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 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

N/A

Elme Communities reported a net loss of $13.1M while generating $95.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage Adequate

2.23x

Elme Communities earns $2.23 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

Export CSV

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

Cash & Debt

$6.1M

YoY+2.7%

5Y CAGR-13.8%

10Y CAGR-9.0%

Elme Communities held $6.1M in cash as of fiscal year 2024; long-term debt is not reported for that period.

Dividends Per Share

$0.72

YoY0.0%

5Y CAGR-9.7%

10Y CAGR-5.0%

Elme Communities paid $0.72 per share in dividends in fiscal year 2024. That is unchanged 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.

Free Cash Flow

Not reported for fiscal year 2024.

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

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

None of these metrics is reported for fiscal year 2024.

ELME Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

ELME quarterly income statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Revenue	$241.9M+6.2%	$227.9M+8.9%	$209.4M+23.8%	$169.2M-3.9%	$176.0M-0.4%	$176.7M-39.4%	$291.7M+4.1%	$280.3M-10.5%	$313.3M	N/A	N/A	N/A	N/A	N/A	N/A
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-40.0%	$105.6M+0.2%	$105.4M-8.4%	$115.0M	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$153.2M+3.5%	$148.1M+9.4%	$135.4M+24.9%	$108.4M-4.1%	$113.0M-0.4%	$113.4M-39.1%	$186.1M+6.4%	$174.9M-11.8%	$198.3M	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+18.0%	$22.1M-2.2%	$22.6M+15.5%	$19.5M-2.9%	$20.1M+2.4%	$19.6M+12.0%	$17.5M+13.2%	$15.5M-1.5%	$15.7M+9.2%	$14.4M
Operating Income	$23.5M+201.8%	-$23.1M-1238.5%	-$1.7M+62.5%	-$4.6M-89.9%	-$2.4M-104.9%	$49.5M-6.3%	$52.8M+23.9%	$42.6M-75.1%	$171.5M+15.7%	$148.3M+131.2%	$64.1M-1.6%	$65.2M-3.3%	$67.4M+43.9%	$46.8M-37.0%	$74.3M
Interest Expense	$10.5M-65.5%	$30.4M+22.0%	$24.9M-26.8%	$34.1M-8.7%	$37.3M-30.6%	$53.7M+6.4%	$50.5M+7.9%	$46.8M-11.9%	$53.1M-10.8%	$59.5M-0.4%	$59.8M-6.0%	$63.6M+4.9%	$60.6M-1.3%	$61.4M-8.3%	$67.0M
Income Tax	N/A	N/A	N/A	N/A	N/A	$0	$0+100.0%	-$84K+86.3%	-$615K-559.0%	$134K+14.5%	$117K	N/A	N/A	$0	N/A
Net Income	-$13.1M+75.3%	-$53.0M-71.6%	-$30.9M-288.4%	$16.4M+204.5%	-$15.7M-104.1%	$383.6M+1396.5%	$25.6M+30.3%	$19.7M-83.5%	$119.3M+33.0%	$89.7M-19.6%	$111.6M+198.9%	$37.3M+57.5%	$23.7M-77.4%	$104.9M+180.2%	$37.4M
EPS (Diluted)	-$0.15+75.4%	-$0.61-69.4%	-$0.36-289.5%	$0.19+195.0%	-$0.20-104.2%	$4.75+1384.4%	$0.32+28.0%	$0.25-84.8%	$1.65+26.0%	$1.31-21.6%	$1.67+203.6%	$0.55+57.1%	$0.35-77.8%	$1.58+163.3%	$0.60

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	N/A	N/A	$20.7M-66.7%	$62.1M0.0%	$62.1M+1.0%	$61.5M+0.4%	$61.3M+0.3%	$61.1M
Cost of Revenue	N/A	N/A	N/A	$24.1M+6.5%	$22.7M+3.0%	$22.0M	N/A	$22.3M
Gross Profit	N/A	N/A	N/A	$38.0M-3.7%	$39.4M-0.2%	$39.5M	N/A	$38.8M
SG&A Expenses	N/A	N/A	N/A	$14.1M+82.9%	$7.7M-16.7%	$9.2M	N/A	$6.4M
Operating Income	N/A	N/A	N/A	-$113.9M-2019.3%	$5.9M+24.0%	$4.8M	N/A	$6.7M
Interest Expense	N/A	N/A	N/A	$9.7M+1.7%	$9.5M+0.4%	$9.5M	N/A	$9.6M
Net Income	N/A	N/A	-$22.4M+81.9%	-$123.5M-3363.7%	-$3.6M+23.7%	-$4.7M-55.1%	-$3.0M-1.5%	-$3.0M
EPS (Diluted)	N/A	N/A	-$0.25+82.1%	-$1.40-3400.0%	-$0.04+20.0%	-$0.05-66.7%	-$0.030.0%	-$0.03

Not reported in any period shown, so not listed: R&D Expenses, Income Tax.

ELME Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

ELME quarterly balance sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Total Assets	$1.8B-2.9%	$1.9B+1.5%	$1.9B-0.2%	$1.9B-22.2%	$2.4B-8.3%	$2.6B+8.7%	$2.4B+2.4%	$2.4B+4.7%	$2.3B+2.9%	$2.2B+3.9%	$2.1B+7.1%	$2.0B-7.3%	$2.1B+0.2%	$2.1B-2.2%	$2.2B
Cash & Equivalents	$6.1M+2.7%	$6.0M-28.7%	$8.4M-96.4%	$233.6M+2934.9%	$7.7M-40.5%	$12.9M+115.1%	$6.0M-38.9%	$9.8M-12.9%	$11.3M-52.5%	$23.8M+50.5%	$15.8M-87.9%	$130.3M+582.2%	$19.1M+53.4%	$12.5M-84.2%	$78.7M
Total Liabilities	$763.7M+2.4%	$745.7M+22.5%	$608.8M+8.9%	$558.9M-48.7%	$1.1B-10.5%	$1.2B-9.8%	$1.3B+6.7%	$1.3B+5.2%	$1.2B-11.3%	$1.4B+5.3%	$1.3B+5.8%	$1.2B-8.4%	$1.3B+5.6%	$1.3B-3.8%	$1.3B
Total Equity	$1.1B-6.3%	$1.2B-8.7%	$1.3B-4.0%	$1.3B-0.3%	$1.3B-6.4%	$1.4B+32.2%	$1.1B-2.5%	$1.1B+4.2%	$1.1B+25.8%	$835.6M+2.0%	$819.6M+8.6%	$755.0M-4.7%	$792.1M-7.8%	$859.0M+0.2%	$857.1M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	-$469.1M-17.5%	-$399.2M-22.4%	-$326.0M+8.9%	-$357.8M+2.1%	-$365.5M+7.9%	-$396.9M-12.1%	-$354.1M-26.4%	-$280.1M-3.8%	-$269.9M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$460.4M-21.3%	$585.2M-72.3%	$2.1B+25.3%	$1.7B-6.8%	$1.8B-1.0%	$1.8B-1.0%	$1.8B-0.4%	$1.9B
Cash & Equivalents	$41.3M+5.1%	$39.3M-97.1%	$1.3B+18690.7%	$7.1M+48.1%	$4.8M-25.2%	$6.4M+4.1%	$6.1M+26.9%	$4.8M
Total Liabilities	$292.8M-23.2%	$381.3M-79.7%	$1.9B+141.1%	$777.7M+1.8%	$763.7M-0.1%	$764.4M+0.1%	$763.7M+1.3%	$754.2M
Total Equity	$167.7M-17.8%	$203.9M-14.7%	$238.9M-73.7%	$908.9M-13.1%	$1.0B-1.6%	$1.1B-1.7%	$1.1B-1.5%	$1.1B

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Long-Term Debt, Retained Earnings.

ELME Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

ELME quarterly cash flow statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
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-11.2%	$147.4M+12.8%	$130.6M+13.9%	$114.7M+4.9%	$109.3M+31.5%	$83.1M-26.7%	$113.3M-13.8%	$131.4M+11.8%	$117.6M+5.1%	$111.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	$963K-75.1%	$3.9M+320.2%	$920K-56.8%	$2.1M+23.9%	$1.7M+961.1%	$162K-70.8%	$555K-10.6%	$621K+58.4%	$392K
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$146.4M+15.5%	$126.8M+11.4%	$113.8M+6.2%	$107.2M+31.7%	$81.4M-28.1%	$113.2M-13.6%	$130.9M+11.9%	$117.0M+4.9%	$111.5M
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+256.7%	-$38.9M+80.2%	-$196.4M-209.3%	-$63.5M+29.3%	-$89.8M+16.7%	-$107.9M-156.8%	$189.8M+313.8%	-$88.8M-245.3%	$61.1M+155.0%	-$111.2M
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-63.0%	-$113.4M-286.7%	$60.7M+185.8%	-$70.8M-742.1%	-$8.4M+90.6%	-$89.8M+53.2%	-$191.9M-433.2%	-$36.0M+85.3%	-$245.0M-466.8%	$66.8M
Dividends Paid	$63.6M-1.1%	$64.3M+8.4%	$59.4M-34.6%	$90.7M-8.4%	$99.1M+2.8%	$96.4M+1.4%	$95.1M+3.7%	$91.7M+7.0%	$85.6M+39.2%	$61.5M-23.4%	$80.3M+0.2%	$80.1M-18.0%	$97.7M-15.0%	$115.0M+5.6%	$108.9M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	N/A	N/A	N/A	$16.2M-45.7%	$29.8M+84.5%	$16.2M-34.0%	$24.5M+18.6%	$20.7M
Investing Cash Flow	N/A	N/A	N/A	-$12.5M-43.2%	-$8.8M-53.6%	-$5.7M+59.6%	-$14.1M-18.3%	-$11.9M
Financing Cash Flow	N/A	N/A	N/A	-$1.9M+91.8%	-$23.0M-126.5%	-$10.1M-12.9%	-$9.0M+4.7%	-$9.4M
Dividends Paid	N/A	N/A	N/A	$15.9M-0.2%	$15.9M+0.3%	$15.9M+0.1%	$15.9M-0.1%	$15.9M

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Share Buybacks.

ELME Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

ELME quarterly financial ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Gross Margin	63.3%-1.6pp	65.0%+0.3pp	64.7%+0.6pp	64.1%-0.1pp	64.2%0.0pp	64.2%+0.4pp	63.8%+1.4pp	62.4%-0.9pp	63.3%	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	9.7%+19.8pp	-10.1%-9.3pp	-0.8%+1.9pp	-2.7%-1.3pp	-1.4%-29.4pp	28.0%+9.9pp	18.1%+2.9pp	15.2%-39.5pp	54.8%	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-5.4%+17.8pp	-23.2%-8.5pp	-14.7%-24.4pp	9.7%+18.6pp	-8.9%	217.0%	8.8%+1.8pp	7.0%-31.1pp	38.1%	N/A	N/A	N/A	N/A	N/A	N/A
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%+24.8pp	2.4%+0.6pp	1.8%-9.6pp	11.4%+0.6pp	10.7%-2.9pp	13.6%+8.7pp	5.0%+2.0pp	3.0%-9.2pp	12.2%+7.8pp	4.4%
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%+13.5pp	1.1%+0.2pp	0.8%-4.5pp	5.3%+1.2pp	4.1%-1.2pp	5.3%+3.4pp	1.9%+0.8pp	1.1%-3.8pp	5.0%+3.2pp	1.7%
Debt-to-Equity	0.71+0.1x	0.65+0.2x	0.48+0.1x	0.42-0.4x	0.820.0x	0.86-0.4x	1.26+0.1x	1.150.0x	1.14-0.5x	1.62+0.1x	1.570.0x	1.61-0.1x	1.68+0.2x	1.46-0.1x	1.52
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	50.2%+5.0pp	45.2%+8.9pp	36.3%	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	N/A	N/A	N/A	61.1%-2.4pp	63.5%-0.7pp	64.2%	N/A	63.5%
Operating Margin	N/A	N/A	N/A	-183.3%	9.6%+1.8pp	7.8%	N/A	11.0%
Net Margin	N/A	N/A	-108.4%	-198.9%	-5.7%+1.9pp	-7.6%-2.7pp	-4.9%-0.1pp	-4.9%
Return on Equity	N/A	N/A	-9.4%+4.2pp	-13.6%-13.3pp	-0.3%+0.1pp	-0.4%-0.2pp	-0.3%0.0pp	-0.3%
Return on Assets	N/A	N/A	-1.1%+6.3pp	-7.3%-7.1pp	-0.2%+0.1pp	-0.3%-0.1pp	-0.2%0.0pp	-0.2%
Debt-to-Equity	1.75-0.1x	1.87-6.0x	7.85+7.0x	0.86+0.1x	0.730.0x	0.720.0x	0.710.0x	0.69

Not reported in any period shown, so not listed: Current Ratio, FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.

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Where Elme Communities Ranks

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 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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) reported a net loss of $13.1M while generating $95.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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 2.23x, 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 49 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.