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Side-by-side financial comparison of Elme Communities (ELME) and SmartRent, Inc. (SMRT). Click either name above to swap in a different company.
Elme Communities is the larger business by last-quarter revenue ($62.1M vs $36.5M, roughly 1.7× SmartRent, Inc.). SmartRent, Inc. runs the higher net margin — -8.9% vs -198.9%, a 190.0% gap on every dollar of revenue. On growth, SmartRent, Inc. posted the faster year-over-year revenue change (3.1% vs 1.7%). SmartRent, Inc. produced more free cash flow last quarter ($7.7M vs $7.2M). Over the past eight quarters, Elme Communities's revenue compounded faster (2.7% CAGR vs -15.0%).
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.
Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. Budget is a subsidiary of the Avis Budget Group, with its operations headquartered in Parsippany, New Jersey.
ELME vs SMRT — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $62.1M | $36.5M |
| Net Profit | $-123.5M | $-3.2M |
| Gross Margin | 61.1% | 38.6% |
| Operating Margin | -183.3% | -10.9% |
| Net Margin | -198.9% | -8.9% |
| Revenue YoY | 1.7% | 3.1% |
| Net Profit YoY | -4058.7% | 71.6% |
| EPS (diluted) | $-1.40 | $-0.02 |
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.
| Q4 25 | — | $36.5M | ||
| Q3 25 | $62.1M | $36.2M | ||
| Q2 25 | $62.1M | $38.3M | ||
| Q1 25 | $61.5M | $41.3M | ||
| Q4 24 | $61.3M | $35.4M | ||
| Q3 24 | $61.1M | $40.5M | ||
| Q2 24 | $60.1M | $48.5M | ||
| Q1 24 | $59.5M | $50.5M |
| Q4 25 | — | $-3.2M | ||
| Q3 25 | $-123.5M | $-6.3M | ||
| Q2 25 | $-3.6M | $-10.9M | ||
| Q1 25 | $-4.7M | $-40.2M | ||
| Q4 24 | $-3.0M | $-11.4M | ||
| Q3 24 | $-3.0M | $-9.9M | ||
| Q2 24 | $-3.5M | $-4.6M | ||
| Q1 24 | $-3.6M | $-7.7M |
| Q4 25 | — | 38.6% | ||
| Q3 25 | 61.1% | 26.4% | ||
| Q2 25 | 63.5% | 33.1% | ||
| Q1 25 | 64.2% | 32.8% | ||
| Q4 24 | 62.9% | 28.7% | ||
| Q3 24 | 63.5% | 33.2% | ||
| Q2 24 | 63.4% | 35.7% | ||
| Q1 24 | 63.5% | 38.5% |
| Q4 25 | — | -10.9% | ||
| Q3 25 | -183.3% | -19.4% | ||
| Q2 25 | 9.6% | -30.5% | ||
| Q1 25 | 7.8% | -99.9% | ||
| Q4 24 | 10.4% | -36.6% | ||
| Q3 24 | 11.0% | -29.0% | ||
| Q2 24 | 9.8% | -14.3% | ||
| Q1 24 | 7.5% | -20.1% |
| Q4 25 | — | -8.9% | ||
| Q3 25 | -198.9% | -17.3% | ||
| Q2 25 | -5.7% | -28.3% | ||
| Q1 25 | -7.6% | -97.2% | ||
| Q4 24 | -4.9% | -32.3% | ||
| Q3 24 | -4.9% | -24.5% | ||
| Q2 24 | -5.8% | -9.5% | ||
| Q1 24 | -6.1% | -15.2% |
| Q4 25 | — | $-0.02 | ||
| Q3 25 | $-1.40 | $-0.03 | ||
| Q2 25 | $-0.04 | $-0.06 | ||
| Q1 25 | $-0.05 | $-0.21 | ||
| Q4 24 | $-0.04 | $-0.06 | ||
| Q3 24 | $-0.03 | $-0.05 | ||
| Q2 24 | $-0.04 | $-0.02 | ||
| Q1 24 | $-0.04 | $-0.04 |
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 | $104.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $908.9M | $232.1M |
| Total Assets | $1.7B | $320.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $104.5M | ||
| Q3 25 | $7.1M | $100.0M | ||
| Q2 25 | $4.8M | $105.0M | ||
| Q1 25 | $6.4M | $125.6M | ||
| Q4 24 | $6.1M | $142.5M | ||
| Q3 24 | $4.8M | $163.4M | ||
| Q2 24 | $5.6M | $187.4M | ||
| Q1 24 | $4.2M | $204.7M |
| Q4 25 | — | $232.1M | ||
| Q3 25 | $908.9M | $234.4M | ||
| Q2 25 | $1.0B | $238.8M | ||
| Q1 25 | $1.1B | $250.7M | ||
| Q4 24 | $1.1B | $289.4M | ||
| Q3 24 | $1.1B | $305.1M | ||
| Q2 24 | $1.1B | $329.4M | ||
| Q1 24 | $1.1B | $333.1M |
| Q4 25 | — | $320.9M | ||
| Q3 25 | $1.7B | $335.8M | ||
| Q2 25 | $1.8B | $354.0M | ||
| Q1 25 | $1.8B | $366.1M | ||
| Q4 24 | $1.8B | $420.2M | ||
| Q3 24 | $1.9B | $448.6M | ||
| Q2 24 | $1.9B | $475.3M | ||
| Q1 24 | $1.9B | $485.5M |
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 | $7.7M |
| Free Cash FlowOCF − Capex | $7.2M | $7.7M |
| FCF MarginFCF / Revenue | 11.6% | 21.0% |
| Capex IntensityCapex / Revenue | 14.0% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $86.7M | $-25.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $7.7M | ||
| Q3 25 | $15.9M | $-2.1M | ||
| Q2 25 | $29.8M | $-14.9M | ||
| Q1 25 | $16.2M | $-12.2M | ||
| Q4 24 | $95.2M | $-12.0M | ||
| Q3 24 | $20.7M | $-3.7M | ||
| Q2 24 | $28.9M | $-13.9M | ||
| Q1 24 | $21.2M | $-3.3M |
| Q4 25 | — | $7.7M | ||
| Q3 25 | $7.2M | $-2.2M | ||
| Q2 25 | $21.1M | $-16.2M | ||
| Q1 25 | $10.5M | $-14.3M | ||
| Q4 24 | $47.9M | $-13.3M | ||
| Q3 24 | $8.8M | $-3.9M | ||
| Q2 24 | $21.0M | $-14.1M | ||
| Q1 24 | $7.6M | $-3.4M |
| Q4 25 | — | 21.0% | ||
| Q3 25 | 11.6% | -6.1% | ||
| Q2 25 | 34.1% | -42.3% | ||
| Q1 25 | 17.1% | -34.7% | ||
| Q4 24 | 78.1% | -37.5% | ||
| Q3 24 | 14.4% | -9.7% | ||
| Q2 24 | 34.9% | -29.1% | ||
| Q1 24 | 12.8% | -6.7% |
| Q4 25 | — | 0.0% | ||
| Q3 25 | 14.0% | 0.2% | ||
| Q2 25 | 14.0% | 3.3% | ||
| Q1 25 | 9.2% | 5.3% | ||
| Q4 24 | 77.4% | 3.5% | ||
| Q3 24 | 19.4% | 0.6% | ||
| Q2 24 | 13.1% | 0.5% | ||
| Q1 24 | 22.9% | 0.1% |
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% |
SMRT
| Hosted Services | $18.1M | 50% |
| Hardware Service | $12.5M | 34% |
| Smart Operations Solutions | $2.6M | 7% |
| Access Control | $2.0M | 5% |
| Other Smart Communities Solutions | $1.3M | 3% |
