Elme Communities (FRA:WRI) 3-Year Revenue Growth Rate : 6.70% (As of Mar. 2024)

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What is Elme Communities 3-Year Revenue Growth Rate?

Elme Communities's Revenue per Share for the three months ended in Mar. 2024 was €0.62.

During the past 12 months, Elme Communities's average Revenue per Share Growth Rate was 6.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 6.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was -4.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was -7.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Elme Communities was 17.80% per year. The lowest was -20.20% per year. And the median was 4.50% per year.

Competitive Comparison of Elme Communities's 3-Year Revenue Growth Rate

For the REIT - Residential subindustry, Elme Communities's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Elme Communities's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Elme Communities's 3-Year Revenue Growth Rate falls into.

Elme Communities 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Elme Communities (FRA:WRI) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Elme Communities 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Elme Communities's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Elme Communities (FRA:WRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Elme Communities (FRA:WRI) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

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Traded in Other Exchanges

ELME:USA

Address

1775 Eye Street North West, Suite 1000, Washington, DC, USA, 20006

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 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.