Elme Communities Gross Margin Growth & History (ELME)

Elme Communities's gross margin was 63.34% for fiscal 2024.

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Elme Communities annual gross margin history

Elme Communities annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20242024-12-3163.34%−1.64 pp
20232023-12-3164.97%+0.32 pp
20222022-12-3164.66%+0.59 pp
20212021-12-3164.07%−0.15 pp
20202020-12-3164.22%+0.04 pp
20192019-12-3164.17%+0.37 pp
20182018-12-3163.80%+1.41 pp
20172017-12-3162.39%

Elme Communities gross margin trends

Over the last five reported fiscal years, Elme Communities's gross margin decreased from 64.17% to 63.34%, a change of −0.83 percentage points. The latest reported quarter, Q3 2025, shows 61.13%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Elme Communities filings at SEC.gov ↗