Fundies.
English

WASHINGTON REAL ESTATE INVESTMENT TRUST

EDGAR
ELME Current report (8-K) · filed 2026-10-26

Annual consolidated revenue for 2024: about USD 241.9M, using the latest reported figures. The previous period, 2023, was about USD 227.9M.

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Latest quarter

Revenue

20.7 million USD

2025 Q4 · USD

Exact inputs and evidence
Cash and cash equivalents
7.09 million USD Source
Exact value

7088000 USD

Long-term debt including current maturities
Not available
Shares outstanding
88.2 million shares Source
Exact value

88161000 shares

Reported share-count change

0.17% · 151 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 88010000 shares · 2024-09-30· Source
  • 88161000 shares · 2025-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

206 million USD

2025-01-01 – 2025-12-31

Exact inputs and evidence
  • Revenue: 61493000 USD · 2025-01-01 – 2025-03-31 Source
  • Revenue: 62099000 USD · 2025-04-01 – 2025-06-30 Source
  • Revenue: 62103000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 20665000 USD · 2025-10-01 – 2025-12-31 Source

Net income

-154 million USD

2025-01-01 – 2025-12-31

Exact inputs and evidence
  • Net income: -4675000 USD · 2025-01-01 – 2025-03-31 Source
  • Net income: -3566000 USD · 2025-04-01 – 2025-06-30 Source
  • Net income: -123514000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: -22407000 USD · 2025-10-01 – 2025-12-31 Source

Operating cash flow

86.4 million USD

2024-10-01 – 2025-09-30

Exact inputs and evidence
  • Operating cash flow: 95243000 USD · 2024-01-01 – 2024-12-31 Source
  • Operating cash flow: 70739000 USD · 2024-01-01 – 2024-09-30 Source
  • Operating cash flow: 16175000 USD · 2025-01-01 – 2025-03-31 Source
  • Operating cash flow: 46023000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 16175000 USD · 2025-01-01 – 2025-03-31 Source
  • Operating cash flow: 61935000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 46023000 USD · 2025-01-01 – 2025-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-26.

Financial data available through: 2024-12-31.

Financial coverage is incomplete. Newer filings are recorded, but comparable financial figures for those periods are not available here yet.

Coverage by financial measure
  • Revenue: 9 of 11 periods available· newest 2024-12-31
  • Operating income: 11 of 11 periods available· newest 2024-12-31
  • Net income: 11 of 11 periods available· newest 2024-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2024-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 9 of 11 periods available· newest 2024-12-31
  • Total liabilities: 9 of 11 periods available· newest 2024-12-31
  • current assets: No compatible figures in this window
  • current liabilities: No compatible figures in this window
  • Cash and cash equivalents: 9 of 11 periods available· newest 2024-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 9 of 11 periods available· newest 2024-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +6.2%

    Prior period

    USD 227.91 million

    –

    Current period

    USD 241.94 million

    –

    Exact inputs and evidence

    241935000 − 227911000 = 14024000 USD

    227911000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    241935000 USD · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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  • Net income

    +USD 39.87 million

    Prior period

    −USD 52.98 million

    –

    Current period

    −USD 13.1 million

    –

    Exact inputs and evidence

    -13103000 − -52977000 = 39874000 USD

    -52977000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    -13103000 USD · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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  • Operating cash flow

    +12.5%

    Prior period

    USD 84.67 million

    –

    Current period

    USD 95.24 million

    –

    Exact inputs and evidence

    95243000 − 84669000 = 10574000 USD

    84669000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    95243000 USD · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2024 2024-01-01 – 2024-12-31

  • Revenue USD 241.94 million 100% of revenue
  • Operating costs Derived USD 218.47 million 90% of revenue
  • Operating income USD 23.47 million 9.7% of revenue
  • Tax, interest and other Derived USD 36.57 million 15% of revenue
  • Net income −USD 13.1 million −5.4% of revenue

Cash

  • Operating cash flow USD 95.24 million 39% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 38%17%45%
  • 2017 85%
  • 2018 9.3%82%
  • 2019 Net income was higher than operating income, so the split is not drawn.
  • 2020 Operating loss: operating costs were 101% of revenue.
  • 2021 Operating loss: operating costs were 103% of revenue.
  • 2022 Operating loss: operating costs were 101% of revenue.
  • 2023 Operating loss: operating costs were 110% of revenue.
  • 2024 Net loss: net income was −5.4% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31313264000 141762000 Derived 171502000 52163000 Derived 119339000 Unavailable
Source
2017 2017-01-01 – 2017-12-31280281000 237647000 Derived 42634000 22966000 Derived 19668000 Unavailable
Source
2018 2018-01-01 – 2018-12-31291730000 238898000 Derived 52832000 27202000 Derived 25630000 Unavailable
Source
2019 2019-01-01 – 2019-12-31176748000 127267000 Derived 49481000 -334069000 Derived 383550000 Unavailable
Source
2020 2020-01-01 – 2020-12-31176004000 178423000 Derived -2419000 13261000 Derived -15680000 Unavailable
Source
2021 2021-01-01 – 2021-12-31169151000 173744000 Derived -4593000 -20977000 Derived 16384000 Unavailable
Source
2022 2022-01-01 – 2022-12-31209380000 211103000 Derived -1723000 29145000 Derived -30868000 Unavailable
Source
2023 2023-01-01 – 2023-12-31227911000 250974000 Derived -23063000 29914000 Derived -52977000 Unavailable
Source
2024 2024-01-01 – 2024-12-31241935000 218466000 Derived 23469000 36572000 Derived -13103000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 241.9M 2024
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.338.3M253.7M169.2M84.6M0.0201620202024
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue313264000
2017Revenue280281000
2018Revenue291730000
2019Revenue176748000
2020Revenue176004000
2021Revenue169151000
2022Revenue209380000
2023Revenue227911000
2024Revenue241935000

Revenue growth

Change in revenue from the same financial period one year earlier.

6.2% 2024
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.29%11%-8%-26%-44%201620202024
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over yearNo prior comparable period
2017Year over year-10.5%
2018Year over year4.1%
2019Year over year-39.4%
2020Year over year-0.4%
2021Year over year-3.9%
2022Year over year23.8%
2023Year over year8.9%
2024Year over year6.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 9.7% 2024
Net margin -5.4% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.236%167%97%27%-42%201620202024
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin54.7%
2017Operating margin15.2%
2018Operating margin18.1%
2019Operating margin28%
2020Operating margin-1.4%
2021Operating margin-2.7%
2022Operating margin-0.8%
2023Operating margin-10.1%
2024Operating margin9.7%
2016Net margin38.1%
2017Net margin7%
2018Net margin8.8%
2019Net margin217%
2020Net margin-8.9%
2021Net margin9.7%
2022Net margin-14.7%
2023Net margin-23.2%
2024Net margin-5.4%
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 95.2M 2024
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.159.2M119.4M79.6M39.8M0.0201620202024
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow114725000
2017Operating cash flow130626000
2018Operating cash flow147369000
2019Operating cash flow130923000
2020Operating cash flow112978000
2021Operating cash flow89156000
2022Operating cash flow73211000
2023Operating cash flow84669000
2024Operating cash flow95243000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

41.4% 2024
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.60%45%30%15%0%201620202024
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets53.3%
2017Liabilities / assets53.6%
2018Liabilities / assets55.8%
2019Liabilities / assets46.3%
2020Liabilities / assets45.2%
2021Liabilities / assets29.8%
2022Liabilities / assets32.5%
2023Liabilities / assets39.2%
2024Liabilities / assets41.4%

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Current assets / current liabilitiesNot reportedNo source recorded
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2015 2015-01-01 – 2015-12-31
USD 89.74 million
Exact value

Exact value: 89740000 USD

2015-01-01 – 2015-12-31: 89740000 USD Inspect Net Income Open source
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USD 109.32 million
Exact value

Exact value: 109318000 USD

2015-01-01 – 2015-12-31: 109318000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2016 2016-01-01 – 2016-12-31
USD 119.34 million
Exact value

Exact value: 119339000 USD

2016-01-01 – 2016-12-31: 119339000 USD Inspect Net Income Open source
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USD 114.73 million
Exact value

Exact value: 114725000 USD

2016-01-01 – 2016-12-31: 114725000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
USD 19.67 million
Exact value

Exact value: 19668000 USD

2017-01-01 – 2017-12-31: 19668000 USD Inspect Net Income Open source
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USD 130.63 million
Exact value

Exact value: 130626000 USD

2017-01-01 – 2017-12-31: 130626000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
USD 25.63 million
Exact value

Exact value: 25630000 USD

2018-01-01 – 2018-12-31: 25630000 USD Inspect Net Income Open source
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USD 147.37 million
Exact value

Exact value: 147369000 USD

2018-01-01 – 2018-12-31: 147369000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
USD 383.55 million
Exact value

Exact value: 383550000 USD

2019-01-01 – 2019-12-31: 383550000 USD Inspect Net Income Open source
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USD 130.92 million
Exact value

Exact value: 130923000 USD

2019-01-01 – 2019-12-31: 130923000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
−USD 15.68 million
Exact value

Exact value: -15680000 USD

2020-01-01 – 2020-12-31: -15680000 USD Inspect Net Income Open source
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USD 112.98 million
Exact value

Exact value: 112978000 USD

2020-01-01 – 2020-12-31: 112978000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
USD 16.38 million
Exact value

Exact value: 16384000 USD

2021-01-01 – 2021-12-31: 16384000 USD Inspect Net Income Open source
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USD 89.16 million
Exact value

Exact value: 89156000 USD

2021-01-01 – 2021-12-31: 89156000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
−USD 30.87 million
Exact value

Exact value: -30868000 USD

2022-01-01 – 2022-12-31: -30868000 USD Inspect Net Income Open source
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USD 73.21 million
Exact value

Exact value: 73211000 USD

2022-01-01 – 2022-12-31: 73211000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
−USD 52.98 million
Exact value

Exact value: -52977000 USD

2023-01-01 – 2023-12-31: -52977000 USD Inspect Net Income Open source
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USD 84.67 million
Exact value

Exact value: 84669000 USD

2023-01-01 – 2023-12-31: 84669000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
−USD 13.1 million
Exact value

Exact value: -13103000 USD

2024-01-01 – 2024-12-31: -13103000 USD Inspect Net Income Open source
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USD 95.24 million
Exact value

Exact value: 95243000 USD

2024-01-01 – 2024-12-31: 95243000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

153 filings · 4,843 latest values · 4,837 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000104894, 104894, ELME, WRE, edgar:104894, wre

Also known as ELME COMMUNITIES, ELME COMMUNITIES, Elme Communities, WASHINGTON REAL ESTATE INVESTMENT TRUST