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. In the quarter to June 2026, revenue grew 5.56%, EPS grew 19.1%, free cash flow grew 14.7% and total debt rose 29.4%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for ten.

61.21 0.96 +1.59%
Market cap
$12.1B
P/E
29.4×
Fwd P/E
30.8×
Dividend yield
3.50%
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 16 October 2026, Equity Lifestyle Properties, Inc. (ELS) trades at a P/E ratio of 29.4×. Over the past ten years it has ranged from 27.7× (October 2026) to 67.0× (September 2021); the current reading is higher than 1% of that period. That is in line with the Reit Residential industry median of 29.4× and above the Real Estate sector median of 21.6×.

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
Jun 2026 31.0× (0.72%)
Mar 2026 31.2× 3.50%
Dec 2025 30.2× (1.14%)
Sep 2025 30.5× (4.54%)
42 more quarters

Against its own ten years

Low 27.7× High 67.0×
Ten-year median 41.8×
Current reading's percentile 1

P/E ratio against peers

Company P/E ratio
SUI Sun Communities, Inc. compare n/m
UDR United Dominion Realty Trust, Inc. compare 21.7×
AMH American Homes 4 Rent compare 24.8×
INVH Invitation Home compare 24.8×
ELS Equity Lifestyle Properties, Inc. 29.4×
CPT Camden Property Trust compare 32.7×
MAA Mid-America Apartment Communities, Inc. compare 34.1×
ESS Essex Property Trust, Inc. compare 41.9×
IRT Independence Realty Trust, Inc. compare 80.1×
Reit Residential industry median 29.4×
Real Estate sector median 21.6×
Market median 18.1×

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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