ELME (Elme Communities) EBIT: $-103.1 Mil (TTM As of Mar. 2026)

What is Elme Communities EBIT?

Elme Communities ELME -32.67% 36 EBIT is $-103.1 Mil as of Mar. 2026. GuruFocus rates ELME with a GF Score™ of 36/100 and a GF Value™ of $8.33 (Possible Value Trap). The stock has 7 warning signs investors should review.

Elme Communities's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-103.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Elme Communities's annualized ROC % for the quarter that ended in Mar. 2026 was 0.00%. Elme Communities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Elme Communities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.92%.

Elme Communities (NYSE:ELME) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Elme Communities's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	0 * ( 1 - 0% )	/	( (776.425	+	544.25)	/ 2 )
=	0	/	660.3375
=	0.00 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	2114.281	-	1311.767	-	( 1331.882	-	max(0, 1311.767	-	1337.856	+	1331.882	))
=	776.425

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	585.231	-	6.169	-	( 39.273	-	max(0, 6.169	-	40.981	+	39.273	))
=	544.25

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Elme Communities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0	/	( ( (0 + max(-1305.793, 0))	+	(0 + max(-4.461, 0)) )	/	2 )
=	0	/	( ( 0	+	0 )	/	2 )
=	0	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.974	+	0	+	0)	-	(1311.767	+	0	+	0)
=	-1305.793

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.708	+	0	+	0)	-	(6.169	+	0	+	0)
=	-4.461

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Elme Communities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	-103.136	/	-691.034
	=	14.92 %

* 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.

Elme Communities EBIT Related Terms

Elme Communities EBIT Historical Data

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The historical data trend for Elme Communities's EBIT can be seen below:

Elme Communities EBIT Chart

Elme Communities Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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-19.08

-5.93

-22.55

24.73

0.00

Elme Communities Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															4.79	5.93	-113.85	0.00	0.00

ELME vs FREVS, BRT, MRTI: EBIT Comparison

For the REIT - Residential subindustry, Elme Communities's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Elme Communities's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Elme Communities's EV-to-EBIT falls into.

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36GF Score

Elme Communities ELME

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Elme Communities EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-103.1 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-103.1 Mil mean?

Elme Communities (ELME) has a EBIT of $-103.1 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Elme Communities.

Is Elme Communities' EBIT too high?

Elme Communities' current EBIT is $-103.1 Mil. Overall, Elme Communities has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Elme Communities' EBIT compare to FREVS and BRT?

Elme Communities' EBIT of $-103.1 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a REITs company?

A good EBIT depends on the REITs industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Elme Communities. Elme Communities's current EBIT is $-103.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Elme Communities stock overvalued right now?

Based on GuruFocus' analysis, Elme Communities (ELME) is currently considered Possible Value Trap. The stock's GF Value™ is $8.33, compared to a current price of $1.36 — trading 83.7% below its estimated fair value. The current EBIT is $-103.1 Mil. Elme Communities' overall GF Score™ is 36/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Elme Communities (ELME), the current EBIT is $-103.1 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Elme Communities (ELME) Overvalued in 2026?

Based on GuruFocus' analysis, Elme Communities stock appears to be undervalued. The current stock price of $1.36 is trading 83.7% below its estimated GF Value™ of $8.33. GuruFocus considers Elme Communities to be Possible Value Trap.

Key valuation signals for ELME:

EBIT: $-103.1 Mil
GF Value™: $8.33 vs. price of $1.36 (83.7% below fair value)
GF Score™: 36/100 with 7 warning signs

No single metric tells the full story. See the ELME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Elme Communities Business Description

Industry Real Estate REITs

Comparable Companies FREVS BRT MRTI CLPR BHM AIV NXRT AVB EQR ESS INVH SUI MAA UDR ELS AMH CPT JAN MRP DFM:DUBAIRESI

Other Exchanges WRI:Germany

Address 7550 Wisconsin Avenue, Suite 900, Bethesda, MD, USA, 20814

Website https://www.elmecommunities.com

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 near transportation nodes. It 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. Elme Communities' tenants are banking, consulting, law, and financial services firms. The company operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities.

36GF Score

Get the complete analysis for ELME

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.36

Price

$8.33

GF Value

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