Elme Communities (ELME) Key Metrics

NYSE: ELMEValuation, returns, debt and efficiency ratios over 10 years.

ELME valuation today

Trailing 12 months · as of October 17, 2026
Market cap
$156.4M
Enterprise value
$361.7M
P/E (TTM)
—
10-yr median 45.4
Forward P/E
43.5
PEG ratio
43.49
Price / sales
0.6
10-yr median 7.4
Price / book
0.9
10-yr median 1.7
EV / EBITDA
3.0
10-yr median 19.5
Dividend yield
40.91%
$0.72 a year
Beta
0.81

ELME key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

ELME valuation Price multiples at each fiscal year-end price.

Price / book+417.0%
6.4
2025 · hover or tap a bar for each year
2016: 2.3 (+1.7%)2017: 2.2 (−3.0%)2018: 1.7 (−22.0%)2019: 1.7 (−2.4%)2020: 1.3 (−18.8%)2021: 1.7 (+23.0%)2022: 1.2 (−25.8%)2023: 1.1 (−9.8%)2024: 1.2 (+11.8%)2025: 6.4 (+417.0%)
20162025
Price / free cash flow+74.3%
24.6
2025 · hover or tap a bar for each year
2016: 20.8 (+20.5%)2017: 18.9 (−9.2%)2018: 12.4 (−34.2%)2019: 12.2 (−1.9%)2020: 15.8 (+29.4%)2021: 24.5 (+55.5%)2022: 36.4 (+48.7%)2023: 15.2 (−58.3%)2024: 14.1 (−7.1%)2025: 24.6 (+74.3%)
20162025
Free cash flow yield−3.0 pts
4.1%
2025 · hover or tap a bar for each year
2016: 4.8% (−1.0 pts)2017: 5.3% (+0.5 pts)2018: 8.1% (+2.8 pts)2019: 8.2% (+0.2 pts)2020: 6.3% (−1.9 pts)2021: 4.1% (−2.3 pts)2022: 2.7% (−1.3 pts)2023: 6.6% (+3.8 pts)2024: 7.1% (+0.5 pts)2025: 4.1% (−3.0 pts)
20162025

ELME valuation history

Fiscal year-endToday10-year median

ELME returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

ELME debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

ELME cash returned to shareholders

DividendsBuybacksFree cash flow

ELME price vs earnings per share

Share price at year-endEPS (right axis)

ELME key metrics

2016–2025
Elme Communities key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$1.53B$1.34B$1.28B$1.56B$2.19B$1.78B$2.34B$1.82B$2.39B$2.36B
Enterprise value$720.9M$2.04B$1.95B$2.10B$2.45B$2.76B$3.43B$3.06B$3.54B$3.47B
P/E ratio——————6.170.9121.519.8
Price / sales—5.55.67.412.910.113.35.47.47.5
Price / book6.41.21.11.21.71.31.71.72.22.3
Price / free cash flow24.614.115.236.424.515.812.212.418.920.8
Price / operating cash flow24.614.115.136.424.515.817.912.318.320.2
EV / sales—8.48.610.014.515.719.49.110.911.1
EV / EBITDA—16.929.424.532.023.618.015.418.919.5
EV / free cash flow11.621.423.249.227.524.417.820.927.930.4
Earnings yield−10.1%−1.0%−4.1%−2.0%−1.0%−0.9%16.4%1.4%0.8%5.0%
Free cash flow yield4.1%7.1%6.6%2.7%4.1%6.3%8.2%8.1%5.3%4.8%
Dividend yield4.2%4.7%5.0%3.8%4.2%5.6%4.1%5.2%3.8%3.6%
Shareholder yield (dividends + buybacks)4.2%4.8%5.2%3.8%4.2%5.6%4.1%5.3%3.9%3.7%
Share price at fiscal year-end$17.40$15.27$14.60$17.80$25.85$21.63$29.18$23.00$31.12$32.69
Per share
Revenue per share$0.00$2.75$2.60$2.40$2.00$2.14$2.20$4.26$4.23$4.33
Earnings per share−$1.75−$0.15−$0.60−$0.35−$0.26−$0.19$4.77$0.32$0.26$1.65
Operating cash flow per share$0.71$1.08$0.97$0.49$1.05$1.37$1.63$1.86$1.70$1.62
Free cash flow per share$0.71$1.08$0.96$0.49$1.05$1.37$2.40$1.85$1.65$1.57
Cash per share$15.12$0.07$0.07$0.10$2.76$0.09$0.16$0.08$0.13$0.16
Book value per share$2.71$12.30$13.15$14.46$15.58$16.04$17.57$13.51$14.25$14.53
Tangible book value per share$2.71$12.30$13.15$14.46$15.58$16.04$17.57$13.51$14.25$14.53
Dividends per share$0.72$0.72$0.73$0.68$1.07$1.20$1.20$1.20$1.19$1.18
Capex per share$0.00$0.00$0.00$2.77$0.00$0.00$0.77$0.01$0.05$0.01
Debt per share$5.90$7.95$7.74$6.32$5.88$11.99$13.69$15.73$15.04$15.37
Shares outstanding88.1M87.9M87.7M87.4M84.5M82.3M80.3M79.0M76.8M72.3M
Change in shares outstanding+0.2%+0.2%+0.4%+3.4%+2.7%+2.5%+1.6%+2.9%+6.2%+5.9%
Returns & profitability
Return on equity (ROE)−23.3%−1.2%−4.4%−2.4%−1.7%−1.1%30.9%2.4%1.8%12.7%
Return on invested capital (ROIC)—1.0%−1.0%−0.1%−0.0%−0.1%1.6%3.4%3.0%8.1%
Return on assets (ROA)−7.8%−0.7%−2.8%−1.6%−1.0%−0.6%15.2%1.1%0.9%5.4%
Return on tangible assets−7.3%−0.7%−2.8%−1.6%−1.2%−0.7%14.6%1.1%0.8%5.3%
Free cash flow margin—39.3%37.0%20.4%52.7%64.2%108.9%43.5%39.0%36.3%
Income quality (OCF / net income)——————0.345.756.640.98
Financial health
Total debt$520.0M$699.0M$679.3M$552.4M$496.9M$987.4M$1.10B$1.24B$1.16B$1.11B
Cash & short-term investments$1.33B$6.1M$6.0M$8.4M$233.6M$7.7M$12.9M$6.0M$9.8M$11.3M
Net debt−$811.9M$692.8M$673.4M$544.0M$263.3M$979.7M$1.09B$1.24B$1.15B$1.10B
Debt / equity2.180.650.590.440.380.750.781.161.061.06
Debt / assets0.250.380.360.290.260.410.420.510.490.49
Net debt / EBITDA—5.7410.146.343.448.375.706.236.136.20
Current ratio1.020.090.120.254.946.711.470.751.080.92
Quick ratio1.020.090.130.274.936.701.070.750.770.89
Interest coverage-3.80.6-0.8-0.1-0.0-0.10.91.51.43.2
Working capital$20.1M−$213.3M−$190.9M−$79.7M$225.8M$794.2M$76.6M−$69.5M$21.3M−$15.7M
Invested capital−$573.0M$1.77B$1.83B$1.81B$1.58B$2.30B$2.50B$2.31B$2.24B$2.15B
Tangible asset value$238.9M$1.08B$1.15B$1.26B$1.32B$1.32B$1.41B$1.07B$1.10B$1.05B
Net current asset value−$543.5M−$742.6M−$719.5M−$582.6M−$275.8M−$155.4M−$977.7M−$1.13B−$977.4M−$1.02B
Graham number——————$43.45$9.93$9.06$23.22
Graham net-net per share−$6.12−$8.51−$8.29−$6.74−$3.71−$13.02−$13.96−$16.37−$15.11−$15.74
Capital allocation
Dividends paid$63.7M$63.6M$64.3M$59.4M$90.7M$99.1M$96.4M$95.1M$91.7M$85.6M
Share buybacks (net)$274,800$1.1M$2.1M$0$0$0$0$2.1M$2.3M$2.0M
Dividend payout ratio——————25.1%370.9%466.1%71.8%
Dividends + buybacks / free cash flow102.8%68.1%78.8%139.1%101.8%87.7%50.1%66.3%74.1%77.0%
Capex / revenue—0.1%0.2%115.4%0.0%0.1%34.8%0.3%1.2%0.3%
Capex / operating cash flow0.1%0.2%0.5%566.1%0.1%0.2%47.0%0.7%3.0%0.8%
Capex / depreciation0.000.000.00—0.000.000.440.010.030.01
Stock-based compensation / revenue—2.2%2.4%3.8%5.1%4.5%4.4%2.0%1.5%1.1%
R&D / revenue——0.0%0.0%0.0%0.0%0.0%—0.0%0.0%
SG&A / revenue—10.3%11.4%13.5%20.2%13.6%14.7%6.6%6.9%6.2%
Efficiency
Days sales outstanding—22.727.227.429.180.0133.472.475.374.1
Days of inventory on hand——-6.7-3.13.3173.7175.6131.3139.431.3
Days payables outstanding105.6140.8152.3168.0230.9304.1339.3187.7171.3113.2
Cash conversion cycle (days)—-118.1-131.8-143.7-198.5-50.5-30.316.143.4-7.8
Receivables turnover0.0016.0513.4113.3312.554.562.745.044.854.93
Payables turnover3.462.592.402.171.581.201.081.952.133.22
Inventory turnover————109.432.102.082.782.6211.68
Asset turnover0.000.130.120.110.080.070.070.140.140.14
Average receivables$9.2M$15.1M$17.0M$15.7M$13.5M$38.6M$64.6M$66.9M$67.0M$63.6M
Average payables$22.2M$37.6M$36.7M$37.5M$42.3M$57.6M$64.5M$59.8M$54.3M$35.7M
Average inventory——−$1.6M−$689,000$611,500$32.9M$33.4M$41.8M$44.2M$9.8M
Intangibles / total assets0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Computed from ELME's annual financial statements (latest annual report filed February 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

ELME valuation and financial ratios

Elme Communities earned a return on equity of −23.3% in fiscal 2025. It ended the year with $520.0 million of debt and $1.3 billion in cash and short-term investments, a net cash position of $811.9 million. It returned $64.0 million to shareholders: $63.7 million in dividends and $0.3 million in share buybacks, 103% of free cash flow. The share count rose 21.8% from 72.3M to 88.1M over 9 years.

See the ELME income statement, the ELME chart for price history, or the ELME stock overview for the latest quote and news.

ELME key metrics FAQ

What is Elme Communities's return on equity?

Elme Communities's return on equity (ROE) was −23.3% in fiscal 2025: net income of -$154.2 million on average shareholders' equity of $660.4 million.

How much debt does Elme Communities have?

Elme Communities had total debt of $520.0 million at the end of fiscal 2025, a debt-to-equity ratio of 2.18 and more cash than debt.

What is Elme Communities's dividend yield?

Elme Communities's forward dividend yield is 40.91%. Elme Communities paid $63.7 million in dividends in fiscal 2025 ($0.72 per share), a payout ratio of —.

Does Elme Communities buy back its shares?

Yes. Elme Communities spent $0.3 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.2% over the year, to 88.1M..

What is Elme Communities's free cash flow yield?

Elme Communities generated $62.2 million of free cash flow in fiscal 2025, a free cash flow yield of 4.1% on its market value at year-end ($1.5 billion).

What is Elme Communities's current ratio?

Elme Communities's current ratio was 1.02 at the end of fiscal 2025: current assets were 1.02 times current liabilities.

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