Elme Communities (ELME) Revenue & Revenue Breakdown

Overview ForecastFinancials Chart Transcripts

Elme Communities Revenue Highlights

Latest Revenue (Y)

$227.91M

Latest Revenue (Q)

$61.05M

Main Segment (Y)

Multifamily Segment

Elme Communities Revenue by Period

Elme Communities Revenue by Year

Date	Revenue	Change
2023-12-31	$227.91M	8.85%
2022-12-31	$209.38M	23.78%
2021-12-31	$169.15M	-42.49%
2020-12-31	$294.12M	-4.87%
2019-12-31	$309.18M	-8.23%
2018-12-31	$336.89M	3.63%
2017-12-31	$325.08M	3.77%
2016-12-31	$313.26M	2.23%
2015-12-31	$306.43M	6.16%
2014-12-31	$288.64M	9.74%
2013-12-31	$263.02M	-13.76%
2012-12-31	$304.98M	5.34%
2011-12-31	$289.53M	-2.84%
2010-12-31	$297.98M	-2.92%
2009-12-31	$306.93M	8.72%
2008-12-31	$282.31M	10.43%
2007-12-31	$255.66M	16.39%
2006-12-31	$219.66M	15.58%
2005-12-31	$190.05M	10.24%
2004-12-31	$172.39M	5.23%
2003-12-31	$163.82M	6.65%
2002-12-31	$153.61M	3.49%
2001-12-31	$148.42M	10.16%
2000-12-31	$134.73M	13.24%
1999-12-31	$118.97M	14.84%
1998-12-31	$103.60M	30.43%
1997-12-31	$79.43M	21.19%
1996-12-31	$65.54M	24.61%
1995-12-31	$52.60M	15.57%
1994-12-31	$45.51M	9.40%
1993-12-31	$41.60M	-

Elme Communities generated $227.91M in revenue during NA 2023, up 8.85% compared to the previous quarter, and up 67.65% compared to the same period a year ago.

Elme Communities Revenue by Quarter

Date	Revenue	Change
2024-09-30	$61.05M	1.58%
2024-06-30	$60.10M	0.99%
2024-03-31	$59.51M	1.12%
2023-12-31	$58.85M	3.89%
2023-09-30	$56.65M	0.09%
2023-06-30	$56.60M	1.42%
2023-03-31	$55.81M	0.39%
2022-12-31	$55.59M	1.81%
2022-09-30	$54.60M	6.27%
2022-06-30	$51.38M	7.48%
2022-03-31	$47.80M	6.83%
2021-12-31	$44.75M	5.29%
2021-09-30	$42.50M	2.91%
2021-06-30	$41.30M	-40.69%
2021-03-31	$69.63M	-2.24%
2020-12-31	$71.23M	-2.73%
2020-09-30	$73.23M	0.49%
2020-06-30	$72.87M	-5.11%
2020-03-31	$76.79M	-4.80%
2019-12-31	$80.67M	0.51%
2019-09-30	$80.26M	4.48%
2019-06-30	$76.82M	-7.64%
2019-03-31	$83.17M	0.33%
2018-12-31	$82.90M	0.48%
2018-09-30	$82.50M	-4.74%
2018-06-30	$86.61M	2.03%
2018-03-31	$84.88M	4.40%
2017-12-31	$81.30M	-1.83%
2017-09-30	$82.82M	-0.76%
2017-06-30	$83.46M	7.68%
2017-03-31	$77.50M	0.71%
2016-12-31	$76.95M	-3.53%
2016-09-30	$79.77M	0.46%
2016-06-30	$79.41M	2.94%
2016-03-31	$77.14M	-2.48%
2015-12-31	$79.10M	1.10%
2015-09-30	$78.24M	5.41%
2015-06-30	$74.23M	-0.84%
2015-03-31	$74.86M	0.67%
2014-12-31	$74.36M	1.29%
2014-09-30	$73.41M	1.60%
2014-06-30	$72.25M	5.31%
2014-03-31	$68.61M	2.83%
2013-12-31	$66.72M	1.36%
2013-09-30	$65.83M	-15.90%
2013-06-30	$78.27M	1.75%
2013-03-31	$76.92M	-0.19%
2012-12-31	$77.07M	-0.05%
2012-09-30	$77.11M	0.43%
2012-06-30	$76.78M	0.36%
2012-03-31	$76.50M	-0.27%
2011-12-31	$76.71M	6.64%
2011-09-30	$71.93M	-10.72%
2011-06-30	$80.57M	3.09%
2011-03-31	$78.16M	11.47%
2010-12-31	$70.11M	-8.08%
2010-09-30	$76.27M	1.50%
2010-06-30	$75.14M	-1.70%
2010-03-31	$76.45M	-1.82%
2009-12-31	$77.87M	2.99%
2009-09-30	$75.61M	-1.49%
2009-06-30	$76.75M	-1.42%
2009-03-31	$77.86M	6.53%
2008-12-31	$73.08M	3.46%
2008-09-30	$70.64M	1.25%
2008-06-30	$69.77M	-

Elme Communities generated $61.05M in revenue during Q3 2024, up 1.58% compared to the previous quarter, and up 107.87% compared to the same period a year ago.

Elme Communities Revenue Breakdown

Elme Communities Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Corporate and Other	$18.60M	$18.88M	$18.19M	-	-
Multifamily Segment	$209.31M	$145.04M	$126.13M	-	-
Residential Segment	-	$190.50M	$150.97M	-	-
Office Segment	-	-	-	$132.33M	$164.06M

Elme Communities's latest annual revenue breakdown by segment (product or service), as of Dec 23: Multifamily Segment (91.84%), and Corporate and Other (8.16%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Residential Segment	$56.43M	$55.49M	$54.87M	$52.10M	$50.99M	$50.63M	$49.89M	$46.65M	$43.33M	-	-	-	-	-	-	-	-	-	-	-
Corporate and Other	-	-	$4.64M	$9.28M	$4.50M	$4.82M	$4.96M	$4.71M	$4.73M	$4.47M	$4.86M	$4.45M	$4.43M	$4.90M	$4.38M	$3.92M	$4.54M	$4.66M	-	-
Multifamily Segment	-	-	-	-	-	-	-	-	-	-	-	-	$36.86M	$36.13M	$36.16M	$36.27M	$36.04M	$36.58M	$36.12M	$35.79M
Office	-	-	-	-	-	-	-	-	-	-	-	-	-	$28.60M	$32.58M	$32.91M	$35.67M	$39.81M	-	-

Elme Communities's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Residential Segment (100.00%).

Elme Communities Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
SUI	Sun Communities	$3.22B	$934.90M
UDR	UDR	$1.63B	$420.16M
AMH	American Homes 4 Rent	$1.62B	$679.12M
ELS	Equity LifeStyle Properties	$1.49B	$30.84M
CSR	Centerspace	$332.55M	$65.03M
VRE	Veris Residential	$279.86M	$2.02M
NXRT	NexPoint Residential Trust	$277.53M	$64.09M
ELME	Elme Communities	$227.91M	$61.05M
CLPR	Clipper Realty	$138.21M	$37.62M
BRT	BRT Apartments	$93.62M	$24.40M
UMH	UMH Properties	$31.18M	$60.33M

ELME Revenue FAQ

What is Elme Communities’s yearly revenue?

Elme Communities's yearly revenue for 2023 was $227.91M, representing an increase of 8.85% compared to 2022. The company's yearly revenue for 2022 was $209.38M, representing an increase of 23.78% compared to 2021. ELME's yearly revenue for 2021 was $169.15M, representing a decrease of -42.49% compared to 2020.

What is Elme Communities’s quarterly revenue?

Elme Communities's quarterly revenue for Q3 2024 was $61.06M, a 1.58% increase from the previous quarter (Q2 2024), and a 7.77% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $60.1M, a 0.99% increase from the previous quarter (Q1 2024), and a 6.19% increase year-over-year (Q2 2023). ELME's quarterly revenue for Q1 2024 was $59.51M, a 1.12% increase from the previous quarter (Q4 2023), and a 6.64% increase year-over-year (Q1 2023).

What is Elme Communities’s revenue growth rate?

Elme Communities's revenue growth rate for the last 3 years (2021-2023) was 34.74%, and for the last 5 years (2019-2023) was -26.29%.

What are Elme Communities’s revenue streams?

Elme Communities's revenue streams in c 23 are Corporate and Other, and Multifamily Segment. Corporate and Other generated $18.6M in revenue, accounting 8.16% of the company's total revenue, down -1.48% year-over-year. Multifamily Segment generated $209.31M in revenue, accounting 91.84% of the company's total revenue, up 44.31% year-over-year.

What is Elme Communities’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Elme Communities was Multifamily Segment. This segment made a revenue of $209.31M, representing 91.84% of the company's total revenue.