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

Equity Lifestyle Properties, Inc. (ELS) Net margin

Alert me on Net margin

Equity Lifestyle Properties, Inc.'s net margin over the twelve months to 30 September 2026 was 24.8%, down 0.5 percentage points from fiscal 2025 (25.2%). Over the past ten years it has ranged from 15.8% (fiscal 2015) to 26.9% (fiscal 2019); the current reading is higher than 91% of that period. That is above the Reit Residential industry median of 17.3% and above the Real Estate sector median of 4.84%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 25.2% 1.19
FY2024 24.1% 2.96
FY2023 21.1% 1.42
FY2022 19.7% (0.27)
FY2021 19.9% (0.46)
FY2020 20.4% (6.51)
FY2019 26.9% 5.36
FY2018 21.6% 1.03
FY2017 20.5% 1.67
FY2016 18.9% 3.01

Quarterly newest first

Period Net margin Change (points)
Sep 2026 21.1% (3.13)
Jun 2026 24.2% (2.93)
Mar 2026 27.1% 0.27
Dec 2025 26.9% 2.17
43 more quarters

Against its own ten years

Low 15.8% High 26.9%
Ten-year median 20.5%
Current reading's percentile 81

Net margin against peers

Company Net margin
UDR United Dominion Realty Trust, Inc. compare 40.5%
AMH American Homes 4 Rent compare 24.8%
ELS Equity Lifestyle Properties, Inc. 24.8%
INVH Invitation Home compare 23.5%
CPT Camden Property Trust compare 20.8%
ESS Essex Property Trust, Inc. compare 17.9%
MAA Mid-America Apartment Communities, Inc. compare 17.3%
SUI Sun Communities, Inc. compare 10.1%
JAN Janus Living, Inc. compare −0.35%
Reit Residential industry median 17.3%
Real Estate sector median 4.84%
Market median 1.22%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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