Elme Communities (ELME) Key Metrics
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. dollarsELME valuation Price multiples at each fiscal year-end price.
ELME returns How much profit the business earns on the capital it uses.
ELME per-share figures Results divided by the shares outstanding at year-end.
ELME financial health Debt, liquidity and how easily interest is covered.
ELME efficiency & capital use Working capital cycle and where the cash goes.
ELME valuation history
ELME returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ELME debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ELME cash returned to shareholders
ELME price vs earnings per share
ELME key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | — | — | — | — | — | — | 6.1 | 70.9 | 121.5 | 19.8 |
| Price / sales | — | 5.5 | 5.6 | 7.4 | 12.9 | 10.1 | 13.3 | 5.4 | 7.4 | 7.5 |
| Price / book | 6.4 | 1.2 | 1.1 | 1.2 | 1.7 | 1.3 | 1.7 | 1.7 | 2.2 | 2.3 |
| Price / free cash flow | 24.6 | 14.1 | 15.2 | 36.4 | 24.5 | 15.8 | 12.2 | 12.4 | 18.9 | 20.8 |
| Price / operating cash flow | 24.6 | 14.1 | 15.1 | 36.4 | 24.5 | 15.8 | 17.9 | 12.3 | 18.3 | 20.2 |
| EV / sales | — | 8.4 | 8.6 | 10.0 | 14.5 | 15.7 | 19.4 | 9.1 | 10.9 | 11.1 |
| EV / EBITDA | — | 16.9 | 29.4 | 24.5 | 32.0 | 23.6 | 18.0 | 15.4 | 18.9 | 19.5 |
| EV / free cash flow | 11.6 | 21.4 | 23.2 | 49.2 | 27.5 | 24.4 | 17.8 | 20.9 | 27.9 | 30.4 |
| 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 yield | 4.1% | 7.1% | 6.6% | 2.7% | 4.1% | 6.3% | 8.2% | 8.1% | 5.3% | 4.8% |
| Dividend yield | 4.2% | 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 outstanding | 88.1M | 87.9M | 87.7M | 87.4M | 84.5M | 82.3M | 80.3M | 79.0M | 76.8M | 72.3M |
| 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) | — | — | — | — | — | — | 0.34 | 5.75 | 6.64 | 0.98 |
| 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 / equity | 2.18 | 0.65 | 0.59 | 0.44 | 0.38 | 0.75 | 0.78 | 1.16 | 1.06 | 1.06 |
| Debt / assets | 0.25 | 0.38 | 0.36 | 0.29 | 0.26 | 0.41 | 0.42 | 0.51 | 0.49 | 0.49 |
| Net debt / EBITDA | — | 5.74 | 10.14 | 6.34 | 3.44 | 8.37 | 5.70 | 6.23 | 6.13 | 6.20 |
| Current ratio | 1.02 | 0.09 | 0.12 | 0.25 | 4.94 | 6.71 | 1.47 | 0.75 | 1.08 | 0.92 |
| Quick ratio | 1.02 | 0.09 | 0.13 | 0.27 | 4.93 | 6.70 | 1.07 | 0.75 | 0.77 | 0.89 |
| Interest coverage | -3.8 | 0.6 | -0.8 | -0.1 | -0.0 | -0.1 | 0.9 | 1.5 | 1.4 | 3.2 |
| 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 flow | 102.8% | 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 flow | 0.1% | 0.2% | 0.5% | 566.1% | 0.1% | 0.2% | 47.0% | 0.7% | 3.0% | 0.8% |
| Capex / depreciation | 0.00 | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.44 | 0.01 | 0.03 | 0.01 |
| 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 | — | 22.7 | 27.2 | 27.4 | 29.1 | 80.0 | 133.4 | 72.4 | 75.3 | 74.1 |
| Days of inventory on hand | — | — | -6.7 | -3.1 | 3.3 | 173.7 | 175.6 | 131.3 | 139.4 | 31.3 |
| Days payables outstanding | 105.6 | 140.8 | 152.3 | 168.0 | 230.9 | 304.1 | 339.3 | 187.7 | 171.3 | 113.2 |
| Cash conversion cycle (days) | — | -118.1 | -131.8 | -143.7 | -198.5 | -50.5 | -30.3 | 16.1 | 43.4 | -7.8 |
| Receivables turnover | 0.00 | 16.05 | 13.41 | 13.33 | 12.55 | 4.56 | 2.74 | 5.04 | 4.85 | 4.93 |
| Payables turnover | 3.46 | 2.59 | 2.40 | 2.17 | 1.58 | 1.20 | 1.08 | 1.95 | 2.13 | 3.22 |
| Inventory turnover | — | — | — | — | 109.43 | 2.10 | 2.08 | 2.78 | 2.62 | 11.68 |
| Asset turnover | 0.00 | 0.13 | 0.12 | 0.11 | 0.08 | 0.07 | 0.07 | 0.14 | 0.14 | 0.14 |
| 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 assets | 0.0% | 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.