Equity LifeStyle Properties, Inc.

Equity LifeStyle Properties, Inc.

ELS
Equity LifeStyle Properties, Inc.US flagNew York Stock Exchange
61.36
USD
-0.12
- -
11.90BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.3
4.57
4.8
5.05
5.24
5.44
5.64
6.08
6.86
7.4
7.55
7.65
7.55
7.67
Basic EPS, GAAP
0.64
0.71
0.77
0.97
1.09
1.19
1.54
1.25
1.43
1.53
1.69
1.96
2.01
2
Free Cash Flow per Basic Share
1.54
1.71
2.1
2.08
2.17
2.33
2.45
2.29
2.78
2.56
2.95
3.18
2.97
2.97
Dividend per Share
0.47
0.72
0.84
0.95
1.05
1.14
1.27
1.41
1.51
1.67
1.84
1.96
2.11
2.14
Book Value per Share
-1.59
-1.52
-1.49
-1.36
-1.21
-1.18
-0.84
-0.98
-0.99
-1.09
-1.19
-1.14
-1.16
-1.14
Tangible Book Value per Share
4.98
5.06
5.1
5.58
6.32
6.71
7.31
7.16
8.12
8.17
8.05
9.73
9.45
9.44
Basic Weighted Avg Shares
166
167
168
170
174
178
181
182
183
186
186
187
192
193
Sales/Revenue/Turnover
713
761
807
856
912
968
1,021
1,108
1,255
1,375
1,404
1,433
1,450
1,479
Operating Margin (%)
30.25
30.79
31.55
32.39
32.65
32.08
31.99
30.78
25.99
25.43
26.57
29.02
30.45
31.4
Depreciation Expense
112
116
117
122
125
139
154
158
191
207
209
209
214
216
Net Income, GAAP
116
128
139
173
198
213
279
228
262
285
314
367
387
385
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
16.29
16.81
17.26
20.23
21.67
21.96
27.35
20.61
20.92
20.7
22.38
25.61
26.65
26.05
Working Capital
9
-7
-37
-72
-159
-105
-377
-609
-733
-717
-548
-619
-594
-598
LT Debt
2,192
2,212
2,126
2,091
2,170
2,348
2,248
2,445
2,925
3,190
3,488
3,128
3,217
3,201
Total Equity
963
979
993
1,082
1,100
1,193
1,322
1,305
1,486
1,517
1,499
1,824
1,815
1,820
Return on Invested Capital (%)
6.81
7.39
8.07
8.82
9.2
9.08
8.98
8.85
7.47
7.24
- -
- -
- -
9.18
Return on Capital (%)
10.44
10.7
11.03
12.6
13.83
14.24
16.15
13.01
12.5
12.05
- -
- -
- -
16.32
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
45
105
90
LT Borrowings
3,232
3,217
3,201
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
194
194
194
Market Capitalization
11,620
11,645
12,036

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
136
119
129
Cash, Cash Equivalents & STI
13
26
19
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
703
714
727
Payables & Accruals
311
267
289
ST Debt
45
105
90
Deferred Revenue
347
342
349

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.46%
7.2%
-0.49%
Free Cash Flow
5.31%
7.04%
-4.29%
Net Income, GAAP
11.5%
11.19%
5.31%
Sales/Revenue/Turnover
6.09%
5.65%
1.18%
Total Cash Common Dividend
11.86%
9.55%
10.14%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
367
375
366
342
1,433
2025
368
373
373
353
1,450
2026
380
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.59
0.42
0.44
0.5
1.96
2025
0.57
0.42
0.5
0.52
2.01
2026
0.56
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.47
0.5
0.5
0.49
1.96
2025
0.5
0.54
0.53
0.53
2.11
2026
0.53
- -
- -
- -
- -

Company Description

APIChat
CEO
Marguerite Nader
Full Time Employees
3,800
Sector
Real Estate
Industry
REIT - Residential
Address
Two North Riverside Plaza Chicago IL United States of America 60606
IPO Date
Feb 25, 1993
Business
Equity LifeStyle Properties, Inc. (ELS) owns and operates a portfolio of manufactured home resort communities, recreational vehicle resort communities, and independent living communities across the United States and Canada. The company provides residential living options including manufactured homes, recreational vehicle sites, and apartment-style accommodations; offers amenities such as clubhouses, pools, fitness centers, and recreational facilities; and manages community operations including maintenance, security, and resident services. Founded in 1969 and headquartered in Chicago, Illinois, ELS serves individual homeowners, renters, and seasonal residents targeting primarily middle-income retirees and vacationers in the leisure property sector. ELS categorizes its properties into three main segments: MH (manufactured home) communities with over 140,000 sites; RV (recreational vehicle) resorts with approximately 35,000 sites; and IL (independent living) communities featuring around 11,000 units, primarily marinas and expanded facilities. The company's geographic footprint spans 27 states and British Columbia, with concentrations in high-demand resort areas like Florida, Arizona, California, and the Midwest. It operates through wholly-owned subsidiaries and focuses on value-add acquisitions, development, and operational enhancements to maximize occupancy and revenue. In the past two years, ELS completed several strategic acquisitions, including the purchase of 19 quality RV resorts from Premier RV Resorts in 2024 for approximately $570 million, expanding its portfolio in key markets. The company also announced expansions through new community developments and partnerships for amenity upgrades, alongside a $1.2 billion investment-grade bond issuance in late 2024 to fund growth initiatives. Additionally, ELS reported robust same-store NOI growth driven by rate increases and occupancy gains amid strong demand for lifestyle-oriented properties.

Company News

APIChat
  • ELS Declares Second Quarter 2026 Dividend

  • Equity LifeStyle Properties: A Structural Compounder Trading At A Discount

  • Equity LifeStyle Properties, Inc. (ELS) Q1 2026 Earnings Call Transcript

  • Equity LifeStyle Properties: Fairly Valued Given Seasonal Pressures

  • Equity Lifestyle Properties (ELS) Matches Q1 FFO Estimates

  • ELS Reports First Quarter Results

  • Evergreen Capital Management LLC Has $8.24 Million Holdings in Equity Lifestyle Properties, Inc. $ELS

  • Equity Lifestyle Properties (ELS) Expected to Announce Earnings on Monday

  • Equity LifeStyle Properties, Inc. Announces First Quarter 2026 Earnings Release and Conference Call

  • Equity Lifestyle Properties, Inc. (NYSE:ELS) Receives Average Rating of “Moderate Buy” from Brokerages

  • Don't Put All Your REIT Eggs In One Basket

  • Equity Lifestyle Properties, Inc. (NYSE:ELS) Short Interest Update

  • SG Americas Securities LLC Raises Stock Holdings in Equity Lifestyle Properties, Inc. $ELS

  • These Aren't 'Just Picks' - I'd Build My Retirement Portfolio Around These 2 Stocks

  • 2 Residential REITs to Consider Despite Persistent Market Headwinds

  • The #1 Reason To Invest In REITs Today

  • REITs May Be The Biggest Winner Of The Coming Market Shift

  • Equity Lifestyle Properties, Inc. (NYSE:ELS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

  • First Trust Advisors LP Sells 55,095 Shares of Equity Lifestyle Properties, Inc. $ELS

  • Dimensional Fund Advisors LP Buys 70,725 Shares of Equity Lifestyle Properties, Inc. $ELS