Pricing Log in Create free account
Thursday 5 November 2026 Export ELS’s income statement to Excel — free account

Equity Lifestyle Properties, Inc.

ELS Real Estate Reit Residential

Equity Lifestyle Properties, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, roughly unchanged from fiscal 2024.

Revenue
+4.22%
EPS
−10.0%
Free cash flow
+33.5%
Total debt
+19.5%

Quarter to September 2026, against a year earlier

62.55 2.25 +3.73%
Market cap
$12.6B
P/E
29.7×
Fwd P/E
28.8×
Dividend yield
3.56%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Equity Lifestyle Properties, Inc. (ELS) Debt to equity

Alert me on Debt to equity

Equity Lifestyle Properties, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.3×, up 0.0× from fiscal 2025 (0.3×). Over the past ten years it has ranged from 0.2× (fiscal 2024) to 0.5× (fiscal 2022); the current reading is higher than 73% of that period. That is below the Reit Residential industry median of 0.7× and below the Real Estate sector median of 0.8×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 0.3× 97.29%
FY2024 0.2× (57.06%)
FY2023 0.4× (22.95%)
FY2022 0.5× 5.26%
FY2021 0.4× 155.73%
FY2020 0.2× (37.35%)
FY2019 0.3× 63.16%
FY2018 0.2× (19.81%)
FY2017 0.2× 12.59%
FY2016 0.2× (8.13%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.3× 2.47%
Jun 2026 0.3× 7.46%
Mar 2026 0.3× (3.11%)
Dec 2025 0.3× 12.28%
43 more quarters

Against its own ten years

Low 0.2× High 0.5×
Ten-year median 0.2×
Current reading's percentile 73

Debt to equity against peers

Company Debt to equity
JAN Janus Living, Inc. compare 0.0×
ELS Equity Lifestyle Properties, Inc. 0.3×
INVH Invitation Home compare 0.5×
AMH American Homes 4 Rent compare 0.7×
SUI Sun Communities, Inc. compare 0.7×
MAA Mid-America Apartment Communities, Inc. compare 1.1×
ESS Essex Property Trust, Inc. compare 1.2×
CPT Camden Property Trust compare 1.3×
UDR United Dominion Realty Trust, Inc. compare 1.8×
Reit Residential industry median 0.7×
Real Estate sector median 0.8×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on ELS