Elme Communities is a prominent owner and operator of distinctive real estate assets strategically located throughout the Washington D.C. metropolitan region. Leveraging ...
Elme Communities, formerly known as Washington Real Estate Investment Trust (WashREIT), is a prominent real estate investment trust (REIT) headquartered in Bethesda, Maryland. Founded in 1960, it was the first REIT in the United States. The company is publicly traded on the New York Stock Exchange under the ticker ELME. ...Elme Communities, formerly known as Washington Real Estate Investment Trust (WashREIT), is a prominent real estate investment trust (REIT) headquartered in Bethesda, Maryland. Founded in 1960, it was the first REIT in the United States. The company is publicly traded on the New York Stock Exchange under the ticker ELME. Its business strategy centers on owning and operating multifamily residential communities, primarily targeting value-conscious renters in the middle-income segment. As of late 2020, the portfolio included 45 properties: 22 multifamily residential complexes, 15 office buildings, and 8 retail centers. However, recent data suggests a shift to multifamily focus, with the company divesting commercial properties to concentrate on residential. The current CEO is Paul T. McDermott, who has served since 2013. The company employs about 91 full-time employees according to recent data. Elme Communities is known for its commitment to service excellence, sustainable practices, and investor returns. Its financial metrics indicate a market cap of approximately $143.9 million, with substantial debt but positive cash flows. The company emphasizes pet-friendly spaces and community living. Recent news mentions significant demand from mid-market renters and plans to expand into Sun Belt markets. The company's website provides further details about its properties and corporate initiatives.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$0
-100.0%
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Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-154.2M
-1076.5%
+23.7%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
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Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
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Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
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Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$62.2M
-34.5%
-98.1%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
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Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
217.7%
+236.9%
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Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.02x
+1027.1%
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Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
