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Side-by-side financial comparison of Elme Communities (ELME) and NATURAL ALTERNATIVES INTERNATIONAL INC (NAII). Click either name above to swap in a different company.

Elme Communities is the larger business by last-quarter revenue ($62.1M vs $34.8M, roughly 1.8× NATURAL ALTERNATIVES INTERNATIONAL INC). NATURAL ALTERNATIVES INTERNATIONAL INC runs the higher net margin — -7.3% vs -198.9%, a 191.5% gap on every dollar of revenue. On growth, NATURAL ALTERNATIVES INTERNATIONAL INC posted the faster year-over-year revenue change (2.1% vs 1.7%). Elme Communities produced more free cash flow last quarter ($7.2M vs $-7.3M). Over the past eight quarters, NATURAL ALTERNATIVES INTERNATIONAL INC's revenue compounded faster (17.7% CAGR vs 2.7%).

Elme Communities is a publicly traded U.S. real estate investment trust that primarily owns, operates and develops high-quality multifamily residential communities. It focuses on key growth markets across the U.S. Mid-Atlantic and Southeast, offering affordable to mid-tier housing options for diverse renter groups.

Natural Alternatives International, Inc. (NAI) is an American company based in Carlsbad, California which manufactures nutritional supplements such as Juice Plus. NAI was founded in 1980 by Mark A. LeDoux, and had 241 employees in 2007. NAI's manufacturing facilities are located in Vista, California, Switzerland and Japan.

ELME vs NAII — Head-to-Head

Bigger by revenue
ELME
ELME
1.8× larger
ELME
$62.1M
$34.8M
NAII
Growing faster (revenue YoY)
NAII
NAII
+0.4% gap
NAII
2.1%
1.7%
ELME
Higher net margin
NAII
NAII
191.5% more per $
NAII
-7.3%
-198.9%
ELME
More free cash flow
ELME
ELME
$14.5M more FCF
ELME
$7.2M
$-7.3M
NAII
Faster 2-yr revenue CAGR
NAII
NAII
Annualised
NAII
17.7%
2.7%
ELME

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
ELME
ELME
NAII
NAII
Revenue
$62.1M
$34.8M
Net Profit
$-123.5M
$-2.6M
Gross Margin
61.1%
7.2%
Operating Margin
-183.3%
-5.3%
Net Margin
-198.9%
-7.3%
Revenue YoY
1.7%
2.1%
Net Profit YoY
-4058.7%
-16.5%
EPS (diluted)
$-1.40
$-0.42

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ELME
ELME
NAII
NAII
Q4 25
$34.8M
Q3 25
$62.1M
$37.7M
Q2 25
$62.1M
$33.9M
Q1 25
$61.5M
$28.8M
Q4 24
$61.3M
$34.1M
Q3 24
$61.1M
$33.1M
Q2 24
$60.1M
$29.5M
Q1 24
$59.5M
$25.1M
Net Profit
ELME
ELME
NAII
NAII
Q4 25
$-2.6M
Q3 25
$-123.5M
$-291.0K
Q2 25
$-3.6M
$-7.2M
Q1 25
$-4.7M
$-2.2M
Q4 24
$-3.0M
$-2.2M
Q3 24
$-3.0M
$-2.0M
Q2 24
$-3.5M
$-1.9M
Q1 24
$-3.6M
$-1.6M
Gross Margin
ELME
ELME
NAII
NAII
Q4 25
7.2%
Q3 25
61.1%
11.7%
Q2 25
63.5%
10.4%
Q1 25
64.2%
6.3%
Q4 24
62.9%
4.9%
Q3 24
63.5%
6.8%
Q2 24
63.4%
4.8%
Q1 24
63.5%
7.6%
Operating Margin
ELME
ELME
NAII
NAII
Q4 25
-5.3%
Q3 25
-183.3%
0.8%
Q2 25
9.6%
-5.7%
Q1 25
7.8%
-7.3%
Q4 24
10.4%
-8.2%
Q3 24
11.0%
-5.5%
Q2 24
9.8%
-8.6%
Q1 24
7.5%
-7.8%
Net Margin
ELME
ELME
NAII
NAII
Q4 25
-7.3%
Q3 25
-198.9%
-0.8%
Q2 25
-5.7%
-21.3%
Q1 25
-7.6%
-7.6%
Q4 24
-4.9%
-6.4%
Q3 24
-4.9%
-6.0%
Q2 24
-5.8%
-6.4%
Q1 24
-6.1%
-6.3%
EPS (diluted)
ELME
ELME
NAII
NAII
Q4 25
$-0.42
Q3 25
$-1.40
$-0.05
Q2 25
$-0.04
$-1.21
Q1 25
$-0.05
$-0.37
Q4 24
$-0.04
$-0.37
Q3 24
$-0.03
$-0.33
Q2 24
$-0.04
$-0.32
Q1 24
$-0.04
$-0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ELME
ELME
NAII
NAII
Cash + ST InvestmentsLiquidity on hand
$7.1M
$3.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$908.9M
$67.0M
Total Assets
$1.7B
$153.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELME
ELME
NAII
NAII
Q4 25
$3.8M
Q3 25
$7.1M
$7.7M
Q2 25
$4.8M
$12.3M
Q1 25
$6.4M
$10.6M
Q4 24
$6.1M
$8.7M
Q3 24
$4.8M
$10.2M
Q2 24
$5.6M
$12.0M
Q1 24
$4.2M
$12.4M
Stockholders' Equity
ELME
ELME
NAII
NAII
Q4 25
$67.0M
Q3 25
$908.9M
$69.0M
Q2 25
$1.0B
$68.4M
Q1 25
$1.1B
$76.6M
Q4 24
$1.1B
$79.1M
Q3 24
$1.1B
$80.2M
Q2 24
$1.1B
$82.6M
Q1 24
$1.1B
$84.1M
Total Assets
ELME
ELME
NAII
NAII
Q4 25
$153.3M
Q3 25
$1.7B
$156.9M
Q2 25
$1.8B
$151.9M
Q1 25
$1.8B
$154.9M
Q4 24
$1.8B
$156.1M
Q3 24
$1.9B
$161.3M
Q2 24
$1.9B
$162.3M
Q1 24
$1.9B
$153.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ELME
ELME
NAII
NAII
Operating Cash FlowLast quarter
$15.9M
$-6.3M
Free Cash FlowOCF − Capex
$7.2M
$-7.3M
FCF MarginFCF / Revenue
11.6%
-20.9%
Capex IntensityCapex / Revenue
14.0%
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$86.7M
$-5.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELME
ELME
NAII
NAII
Q4 25
$-6.3M
Q3 25
$15.9M
$-4.0M
Q2 25
$29.8M
$3.3M
Q1 25
$16.2M
$6.0M
Q4 24
$95.2M
$37.0K
Q3 24
$20.7M
$-3.4M
Q2 24
$28.9M
$-2.7M
Q1 24
$21.2M
$-3.6M
Free Cash Flow
ELME
ELME
NAII
NAII
Q4 25
$-7.3M
Q3 25
$7.2M
$-5.1M
Q2 25
$21.1M
$1.9M
Q1 25
$10.5M
$5.2M
Q4 24
$47.9M
$-1.0M
Q3 24
$8.8M
$-3.7M
Q2 24
$21.0M
$-3.8M
Q1 24
$7.6M
$-3.9M
FCF Margin
ELME
ELME
NAII
NAII
Q4 25
-20.9%
Q3 25
11.6%
-13.4%
Q2 25
34.1%
5.6%
Q1 25
17.1%
18.0%
Q4 24
78.1%
-3.0%
Q3 24
14.4%
-11.3%
Q2 24
34.9%
-12.7%
Q1 24
12.8%
-15.5%
Capex Intensity
ELME
ELME
NAII
NAII
Q4 25
2.7%
Q3 25
14.0%
2.7%
Q2 25
14.0%
4.3%
Q1 25
9.2%
2.8%
Q4 24
77.4%
3.1%
Q3 24
19.4%
0.9%
Q2 24
13.1%
3.5%
Q1 24
22.9%
1.1%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ELME
ELME

Residential Segment$57.7M93%
Other$4.4M7%

NAII
NAII

Private Label Contract Manufacturing$32.8M94%
Patent And Trademark Licensing$2.0M6%

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