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Side-by-side financial comparison of Elme Communities (ELME) and NETSTREIT Corp. (NTST). Click either name above to swap in a different company.
Elme Communities is the larger business by last-quarter revenue ($62.1M vs $57.1M, roughly 1.1× NETSTREIT Corp.). NETSTREIT Corp. runs the higher net margin — 10.0% vs -198.9%, a 208.9% gap on every dollar of revenue. On growth, NETSTREIT Corp. posted the faster year-over-year revenue change (24.3% vs 1.7%). Over the past eight quarters, NETSTREIT Corp.'s revenue compounded faster (20.1% 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.
NETSTREIT Corp. is a US-headquartered real estate investment trust (REIT) that specializes in acquiring and operating a diversified portfolio of single-tenant net lease commercial properties. Its asset portfolio covers retail, industrial and office categories, primarily catering to investment-grade corporate tenants across the United States market.
ELME vs NTST — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $62.1M | $57.1M |
| Net Profit | $-123.5M | $5.7M |
| Gross Margin | 61.1% | — |
| Operating Margin | -183.3% | 34.1% |
| Net Margin | -198.9% | 10.0% |
| Revenue YoY | 1.7% | 24.3% |
| Net Profit YoY | -4058.7% | 235.9% |
| EPS (diluted) | $-1.40 | $0.32 |
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.
| Q1 26 | — | $57.1M | ||
| Q4 25 | — | $52.5M | ||
| Q3 25 | $62.1M | $48.3M | ||
| Q2 25 | $62.1M | $48.3M | ||
| Q1 25 | $61.5M | $45.9M | ||
| Q4 24 | $61.3M | $44.1M | ||
| Q3 24 | $61.1M | $41.4M | ||
| Q2 24 | $60.1M | $39.6M |
| Q1 26 | — | $5.7M | ||
| Q4 25 | — | $1.3M | ||
| Q3 25 | $-123.5M | $618.0K | ||
| Q2 25 | $-3.6M | $3.3M | ||
| Q1 25 | $-4.7M | $1.7M | ||
| Q4 24 | $-3.0M | $-5.4M | ||
| Q3 24 | $-3.0M | $-5.3M | ||
| Q2 24 | $-3.5M | $-2.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 61.1% | — | ||
| Q2 25 | 63.5% | — | ||
| Q1 25 | 64.2% | — | ||
| Q4 24 | 62.9% | — | ||
| Q3 24 | 63.5% | — | ||
| Q2 24 | 63.4% | — |
| Q1 26 | — | 34.1% | ||
| Q4 25 | — | 2.6% | ||
| Q3 25 | -183.3% | 1.3% | ||
| Q2 25 | 9.6% | 6.8% | ||
| Q1 25 | 7.8% | 3.7% | ||
| Q4 24 | 10.4% | -12.3% | ||
| Q3 24 | 11.0% | -12.8% | ||
| Q2 24 | 9.8% | -5.8% |
| Q1 26 | — | 10.0% | ||
| Q4 25 | — | 2.5% | ||
| Q3 25 | -198.9% | 1.3% | ||
| Q2 25 | -5.7% | 6.8% | ||
| Q1 25 | -7.6% | 3.7% | ||
| Q4 24 | -4.9% | -12.3% | ||
| Q3 24 | -4.9% | -12.8% | ||
| Q2 24 | -5.8% | -5.8% |
| Q1 26 | — | $0.32 | ||
| Q4 25 | — | $0.01 | ||
| Q3 25 | $-1.40 | $0.01 | ||
| Q2 25 | $-0.04 | $0.04 | ||
| Q1 25 | $-0.05 | $0.02 | ||
| Q4 24 | $-0.04 | $-0.07 | ||
| Q3 24 | $-0.03 | $-0.07 | ||
| Q2 24 | $-0.04 | $-0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $7.1M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $908.9M | $1.5B |
| Total Assets | $1.7B | $2.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $7.1M | — | ||
| Q2 25 | $4.8M | — | ||
| Q1 25 | $6.4M | — | ||
| Q4 24 | $6.1M | — | ||
| Q3 24 | $4.8M | — | ||
| Q2 24 | $5.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $926.6M | ||
| Q1 25 | — | $913.3M | ||
| Q4 24 | — | $868.3M | ||
| Q3 24 | — | $778.7M | ||
| Q2 24 | — | $726.2M |
| Q1 26 | — | $1.5B | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | $908.9M | $1.3B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $1.1B | $1.3B |
| Q1 26 | — | $2.8B | ||
| Q4 25 | — | $2.6B | ||
| Q3 25 | $1.7B | $2.5B | ||
| Q2 25 | $1.8B | $2.3B | ||
| Q1 25 | $1.8B | $2.3B | ||
| Q4 24 | $1.8B | $2.3B | ||
| Q3 24 | $1.9B | $2.2B | ||
| Q2 24 | $1.9B | $2.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.84× | ||
| Q2 25 | — | 0.70× | ||
| Q1 25 | — | 0.70× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.55× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $15.9M | — |
| Free Cash FlowOCF − Capex | $7.2M | — |
| FCF MarginFCF / Revenue | 11.6% | — |
| Capex IntensityCapex / Revenue | 14.0% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $86.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $109.5M | ||
| Q3 25 | $15.9M | $28.0M | ||
| Q2 25 | $29.8M | $30.6M | ||
| Q1 25 | $16.2M | $22.1M | ||
| Q4 24 | $95.2M | $90.2M | ||
| Q3 24 | $20.7M | $25.1M | ||
| Q2 24 | $28.9M | $25.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $7.2M | — | ||
| Q2 25 | $21.1M | — | ||
| Q1 25 | $10.5M | — | ||
| Q4 24 | $47.9M | — | ||
| Q3 24 | $8.8M | — | ||
| Q2 24 | $21.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 11.6% | — | ||
| Q2 25 | 34.1% | — | ||
| Q1 25 | 17.1% | — | ||
| Q4 24 | 78.1% | — | ||
| Q3 24 | 14.4% | — | ||
| Q2 24 | 34.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 14.0% | — | ||
| Q2 25 | 14.0% | — | ||
| Q1 25 | 9.2% | — | ||
| Q4 24 | 77.4% | — | ||
| Q3 24 | 19.4% | — | ||
| Q2 24 | 13.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 82.46× | ||
| Q3 25 | — | 45.27× | ||
| Q2 25 | — | 9.36× | ||
| Q1 25 | — | 13.06× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ELME
| Residential Segment | $57.7M | 93% |
| Other | $4.4M | 7% |
NTST
| Rental revenue (including reimbursable) | $54.0M | 95% |
| Other | $3.0M | 5% |
