What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

Elme Communities ELME Gross margin

Discontinued — last reported Q2 '21

Gross margin at other companies

CenterspaceCSR

96.5%0.0pp

American Assets TrustAAT

60.8%-2.4pp

Franklin Street PropertiesFSP

60.3%-1.7pp

Other financials

Income statement

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Revenue$206.4M+237%

Operating income-$122.2M-2,014%

Net income-$154.2M-5,013%

EPS (diluted)-$1.75-5,733%

Balance sheet

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Cash & equivalents$39.3M+339%

Total debt$1.1M—

Total equity$908.9M-17.3%

Total assets$585.2M-68.0%

Cash flow

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Operating cash flow$62.2M+154%

CapEx$26.9M+91.9%

Free cash flow$35.3M+237%

Valuation

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Market cap$141.28M-90.0%

P/S0.4×-0.2×

Profitability

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Operating margin-57.5%-67.2pp

Net margin-72.9%-79.3pp

FCF margin18.9%-0.9pp

Returns & leverage

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Return on equity-13.4%-14.8pp

Debt / equity0×—

Where this comes from

Calculated from Elme Communities’s reported figures.

gross profit/total revenue=40.4%

Based on trailing twelve months.

The official record: Elme Communities’s 10-Q, filed July 29, 2022, on SEC EDGAR. View the filing →

Questions, answered.

What does gross margin mean?: Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.