Elme Communities
About Elme Communities
Elme Communities is a real estate investment trust engaged in owning and operating properties in the greater Washington DC metropolitan area. The company's real estate portfolio is comprised of office, retail, and multifamily properties located near transportation nodes. It derives nearly all of its income in the form of rental revenue from tenants organized into long-term leases. The company's office assets contribute the majority of this income, while the rest is split fairly evenly between its retail and multifamily locations. Elme Communities' tenants are banking, consulting, law, and financial services firms. The company operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities.
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Financial summary
- Revenue FY2024
- $241.9M
- Net income
- -$13.1M
- Total assets
- $2.1B
- Market cap
- $180.4M
- Net margin
- -74.7%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $206.4M
- Net income
- -$154.2M
- EPS (basic)
- $-1.74
- EPS (diluted)
- $-1.74
Balance sheet
- Total assets
- $2.1B
- Current assets
- $2.1B
- Total liabilities
- $1.9B
- Current liabilities
- $1.9B
Statements via Polygon.io (SEC filings)
- Market cap
- $180.4M
- EPS (diluted)
- $-1.74
- Dividend yield
- 2876.47%
- Shares outstanding
- 88.4M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jun 1, 1972
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $13.1M in FY2024.
- Revenue declined 1% from FY2022 to FY2025.
- Trading 88% below its 52-week high.
- Pays a dividend yielding about 2876.47% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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