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

62.90 0.40 +0.64%
Market cap
$12.7B
P/E
31.0×
Fwd P/E
28.8×
Dividend yield
3.41%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Equity Lifestyle Properties, Inc. (ELS) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Equity Lifestyle Properties, Inc. (ELS) trades at a P/E ratio of 31.0×. Over the past ten years it has ranged from 28.2× (September 2026) to 67.0× (September 2021); the current reading is higher than 4% of that period. That is above the Reit Residential industry median of 28.2× and above the Real Estate sector median of 23.6×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 30.2× (11.71%)
FY2024 34.2× (19.33%)
FY2023 42.3× 0.92%
FY2022 42.0× (31.56%)
FY2021 61.3× 22.75%
FY2020 49.9× 8.91%
FY2019 45.9× 12.82%
FY2018 40.6× 0.69%
FY2017 40.4× 9.17%
FY2016 37.0× (14.05%)

Quarterly newest first

Period P/E ratio Change
Sep 2026 28.7× (7.27%)
Jun 2026 31.0× (0.72%)
Mar 2026 31.2× 3.50%
Dec 2025 30.2× (1.14%)
43 more quarters

Against its own ten years

Low 28.2× High 67.0×
Ten-year median 41.8×
Current reading's percentile 4

P/E ratio against peers

Company P/E ratio
JAN Janus Living, Inc. compare n/m
SUI Sun Communities, Inc. compare n/m
UDR United Dominion Realty Trust, Inc. compare 16.9×
INVH Invitation Home compare 24.0×
AMH American Homes 4 Rent compare 27.0×
ELS Equity Lifestyle Properties, Inc. 31.0×
CPT Camden Property Trust compare 34.2×
MAA Mid-America Apartment Communities, Inc. compare 36.5×
ESS Essex Property Trust, Inc. compare 49.3×
Reit Residential industry median 28.2×
Real Estate sector median 23.6×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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