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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) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Equity Lifestyle Properties, Inc. (ELS) trades at a EV/EBITDA of 15.9×. Over the past ten years it has ranged from 11.7× (June 2015) to 30.1× (September 2021); the current reading is higher than 14% of that period. That is in line with the Reit Residential industry median of 15.6× and in line with the Real Estate sector median of 15.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 16.4× (6.84%)
FY2024 17.6× (13.84%)
FY2023 20.4× 2.74%
FY2022 19.9× (29.90%)
FY2021 28.4× 24.17%
FY2020 22.8× (12.48%)
FY2019 26.1× 39.56%
FY2018 18.7× 3.50%
FY2017 18.1× 19.33%
FY2016 15.1× 2.28%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 15.4× (10.07%)
Jun 2026 17.1× 1.79%
Mar 2026 16.8× 2.47%
Dec 2025 16.4× 0.38%
43 more quarters

Against its own ten years

Low 11.7× High 30.1×
Ten-year median 18.7×
Current reading's percentile 14

EV/EBITDA against peers

Company EV/EBITDA
UDR United Dominion Realty Trust, Inc. compare 10.7×
INVH Invitation Home compare 13.1×
MAA Mid-America Apartment Communities, Inc. compare 15.6×
ELS Equity Lifestyle Properties, Inc. 15.9×
AMH American Homes 4 Rent compare 16.5×
CPT Camden Property Trust compare 16.8×
ESS Essex Property Trust, Inc. compare 19.7×
SUI Sun Communities, Inc. compare 32.6×
JAN Janus Living, Inc. compare 81.7×
Reit Residential industry median 15.6×
Real Estate sector median 15.5×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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