Elme Communities ELME
Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The Company is a multifamily real estate investment trust that owns and operates approximately 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns approximately 300,000 square feet of commercial space.
Snapshot
Reported FFO / Core FFO / leverage are from the Q3 2025 earnings release (filed 2025-10-23) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $0.00 | $-154.16M | $78.16M | $-44.05M | $62.24M |
| 2024 | $241.94M | $-13.10M | $95.94M | $120.67M | $95.24M |
| 2023 | $227.91M | $-52.98M | $88.95M | $66.40M | $84.67M |
| 2022 | $209.38M | $-30.87M | $91.72M | $85.79M | $73.21M |
| 2021 | $169.15M | $-21.79M | $179.61M | $76.48M | $89.16M |
| 2020 | $176.00M | $-15.68M | $120.03M | $117.02M | $112.99M |
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-01-08 | 2025-12-22 | — | — | $14.67 | Special |
| 2025-09-17 | 2025-09-17 | 2025-10-03 | 2025-08-04 | $0.18 | Quarterly |
| 2025-06-17 | 2025-06-17 | 2025-07-03 | 2025-05-01 | $0.18 | Quarterly |
| 2025-03-19 | 2025-03-19 | 2025-04-03 | 2025-02-13 | $0.18 | Quarterly |
| 2024-12-19 | 2024-12-19 | 2025-01-06 | 2024-11-04 | $0.18 | Quarterly |
| 2024-09-19 | 2024-09-19 | 2024-10-03 | 2024-08-01 | $0.18 | Quarterly |
| 2024-06-20 | 2024-06-20 | 2024-07-03 | 2024-05-01 | $0.18 | Quarterly |
| 2024-03-19 | 2024-03-20 | 2024-04-03 | 2024-02-15 | $0.18 | Quarterly |
| 2023-12-20 | 2023-12-21 | 2024-01-04 | 2023-10-26 | $0.18 | Quarterly |
| 2023-09-19 | 2023-09-20 | 2023-10-04 | 2023-07-31 | $0.18 | Quarterly |
| 2023-06-21 | 2023-06-22 | 2023-07-06 | 2023-04-27 | $0.18 | Quarterly |
| 2023-03-21 | 2023-03-22 | 2023-04-05 | 2023-02-16 | $0.18 | Quarterly |
| 2022-12-21 | 2022-12-22 | 2023-01-05 | 2022-10-27 | $0.17 | Quarterly |
| 2022-09-20 | 2022-09-21 | 2022-10-05 | 2022-07-28 | $0.17 | Quarterly |
| 2022-06-21 | 2022-06-22 | 2022-07-06 | 2022-04-27 | $0.17 | Quarterly |
| 2022-03-22 | 2022-03-23 | 2022-04-05 | 2022-02-17 | $0.17 | Quarterly |
| 2021-12-21 | 2021-12-22 | 2022-01-05 | 2021-10-28 | $0.17 | Quarterly |
| 2021-09-21 | 2021-09-22 | 2021-10-05 | 2021-07-29 | $0.17 | Quarterly |
| 2021-06-22 | 2021-06-23 | 2021-07-06 | 2021-04-28 | $0.30 | Quarterly |
| 2021-03-19 | 2021-03-22 | 2021-04-05 | 2021-02-11 | $0.30 | Quarterly |
| 2020-12-22 | 2020-12-23 | 2021-01-06 | 2020-10-29 | $0.30 | Quarterly |
| 2020-09-18 | 2020-09-21 | 2020-10-05 | 2020-07-28 | $0.30 | Quarterly |
| 2020-06-19 | 2020-06-22 | 2020-07-06 | 2020-04-22 | $0.30 | Quarterly |
| 2020-03-16 | 2020-03-17 | 2020-03-31 | 2020-02-13 | $0.30 | Quarterly |
Coverage (payout of operating cash flow): —. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.