Elme Communities (ELME) Revenue & Revenue Breakdown
Elme Communities Revenue Highlights
Latest Revenue (Y)
$227.91M
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 |
|---|---|---|
| 2024-06-30 | - | -100.00% |
| 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 - in revenue during Q2 2024, up -100.00% compared to the previous quarter, and up 0.00% 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 | 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 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Residential Segment | $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 | $4.87M | - | - |
| Multifamily Segment | - | - | - | - | - | - | - | - | - | - | - | $36.86M | $36.13M | $36.16M | $36.27M | $36.04M | $36.58M | $36.12M | $35.79M | $29.89M |
| Office | - | - | - | - | - | - | - | - | - | - | - | - | $28.60M | $32.58M | $32.91M | $35.67M | $39.81M | $42.06M | - | - |
Elme Communities's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Residential Segment (100.00%).
Elme Communities Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SUI | Sun Communities | $3.22B | $864.00M |
| 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 | - |
| CLPR | Clipper Realty | $138.21M | $37.62M |
| BRT | BRT Apartments | $93.62M | $23.86M |
| UMH | UMH Properties | $31.18M | $8.83M |
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 Q2 2024 was $0, a -100.00% decrease from the previous quarter (Q1 2024), and a -100.00% decrease year-over-year (Q2 2023). The company'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). ELME's quarterly revenue for Q4 2023 was $58.85M, a 3.89% increase from the previous quarter (Q3 2023), and a 5.86% increase year-over-year (Q4 2022).
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.