GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Elme Communities (NYSE:ELME) » Definitions » Profitability Rank

Elme Communities (Elme Communities) Profitability Rank : 5 (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is Elme Communities Profitability Rank?

Elme Communities has the Profitability Rank of 5.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Elme Communities's Operating Margin % for the quarter that ended in Dec. 2023 was 10.67%. As of today, Elme Communities's Piotroski F-Score is 4.


Competitive Comparison of Elme Communities's Profitability Rank

For the REIT - Residential subindustry, Elme Communities's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Elme Communities's Profitability Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Elme Communities's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Elme Communities's Profitability Rank falls into.



Elme Communities Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Elme Communities has the Profitability Rank of 5.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Elme Communities's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=6.281 / 58.852
=10.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Elme Communities has an F-score of 4 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Elme Communities Profitability Rank Related Terms

Thank you for viewing the detailed overview of Elme Communities's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Elme Communities (Elme Communities) Business Description

Traded in Other Exchanges
Address
1775 Eye Street North West, Suite 1000, Washington, DC, USA, 20006
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 primarily near major transportation nodes. Washington REIT 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. Washington REIT's largest tenants are banking, consulting, law, and financial services firms.
Executives
Susan Carras director 345 PARK AVENUE, NEW YORK NY 10154
Tiffany Michelle Butcher officer: EVP & COO 1775 EYE STREET NW, SUITE 1000, WASHINGTON DC 20006
Steven Freishtat officer: EVP & CFO 1775 EYE STREET NW, SUITE 1000, WASHINGTON DC 20006
Jennifer S Banner director 214N TRYON STREET, CHARLOTTE NC 28202
Susan Lilly Gerock officer: SVP & CIO 1775 EYE STREET, NW, SUITE 1000, WASHINGTON DC 20006
Ellen M. Goitia director 1775 EYE STREET, NW, SUITE 1000, WASHINGTON DC 20006
Taryn D. Fielder officer: SVP, GC & Corporate Secretary 1775 EYE STREET, N.W., SUITE 1000, WASHINGTON DC 20006
Murn Edward J. Iv officer: Managing Director, Residential 6110 EXECUTIVE BOULEVARD, SUITE 800, ROCKVILLE MD 20852
Wade Drew Hammond officer: VP & CAO elect & Controller 1775 EYE ST., NW, SUITE 1000, WASHINGTON DC 20006
John P Mcdaniel other: Trustee C/O MEDIFAST, INC., 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Stephen Edward Riffe officer: E.V.P. & CFO-elect 1775 EYE STREET, NW, SUITE 1000, WASHINGTON DC 20006
Nolan Thomas H Jr director 14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Laura M Franklin officer: S.V.P. & Corp. Sec. CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Thomas L Regnell officer: Mnging. Dir. - Acquisitions
Benjamin S Butcher director ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110

Elme Communities (Elme Communities) Headlines

From GuruFocus

WashREIT Welcomes New Board Member, Jennifer Banner

By GuruFocusNews GuruFocusNews 06-25-2022

WashREIT Welcomes New Board Member, Jennifer Banner

By GuruFocusNews GuruFocusNews 07-05-2022

Elme Communities Announces 2022 Dividend Income Tax Treatment

By Stock market mentor Stock market mentor 01-18-2023

WashREIT to Release Second Quarter 2022 Results on Thursday, July 28th

By GuruFocusNews GuruFocusNews 06-23-2022

WashREIT Welcomes New Board Member, Jennifer Banner

By GuruFocusNews GuruFocusNews 05-26-2022

WashREIT Welcomes New Board Member, Jennifer Banner

By GuruFocusNews GuruFocusNews 06-05-2022

WashREIT is Now Elme Communities

By Value_Insider Value_Insider 10-17-2022

Elme Communities Issues 2023 ESG Report

By sperokesalga sperokesalga 05-24-2023