Equity LifeStyle Properties, Inc. (ELS)
NYSE: ELS · Real-Time Price · USD
67.81
+0.36 (0.53%)
At close: Mar 17, 2026, 4:00 PM EDT
67.81
0.00 (0.00%)
After-hours: Mar 17, 2026, 4:10 PM EDT

ELS Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Property Revenue
1,2831,2331,1791,1191,033
Service and Other Revenue
230.51275.4292.72312.5272.26
1,5311,5261,4891,4471,316
Revenue Growth (YoY)
0.34%2.47%2.93%9.93%17.66%
Property Expenses
493.41480.44469.91443.16398.98
Service and Other Expenses
102.92134.48156.1186.65162.83
Total Property Expenses
596.33614.92626.01629.81561.81
Property Taxes
85.1581.9777.9974.1572.67
Gross Profit
849.91829.28785.42743.13681.92
Selling, General & Admin
118.29116.6123.45118.94105.56
Depreciation & Amortization Expenses
208.9203.88203.74202.36188.44
Other Operating Expenses
0.36-15.425.778.657.03
Operating Income
522.35524.23452.47413.18380.9
Net Gains on Disposal of Properties
-0.922.473.58-0.06
Interest Income
18.3417.5117.7415.9811.57
Interest Expense
-131.01-143.54-132.41-117.72-108.72
Other Non-Operating Income (Expense)
6.526.252.713.363.88
Total Non-Operating Income (Expense)
-107.06-117.32-108.38-98.37-93.21
Pretax Income
415.29406.91344.09314.81287.69
Net Income
386.49367314.19284.61262.46
Minority Interest in Earnings
15.5517.815.4714.213.52
Net Income Attributable to Preferred Dividends
0.020.020.020.020.02
Net Income to Common
386.49367314.19284.61262.46
Net Income Growth
5.31%16.81%10.39%8.44%14.98%
Shares Outstanding (Basic)
192187186186183
Shares Outstanding (Diluted)
192187195195193
Shares Change (YoY)
2.51%-4.09%0.09%1.23%0.17%
EPS (Basic)
2.011.961.691.531.43
EPS (Diluted)
2.011.961.691.531.43
EPS Growth
2.55%15.98%10.46%6.99%14.40%
Free Cash Flow
334.06354.11221.5986.52-233.13
Free Cash Flow Growth
-5.66%59.80%156.11%--
Free Cash Flow Per Share
1.741.891.130.44-1.21
Dividends Per Share
2.0601.9101.7901.6401.450
Dividend Growth
7.85%6.70%9.15%13.10%5.84%
Gross Margin
55.50%54.34%52.73%51.35%51.80%
Operating Margin
34.11%34.35%30.38%28.55%28.93%
Profit Margin
26.25%25.21%22.13%20.65%20.97%
FCF Margin
21.81%23.20%14.88%5.98%-17.71%
EBITDA
736.1733.62661.57620.23572.33
EBITDA Margin
48.07%48.07%44.42%42.86%43.48%
EBIT
522.35524.23452.47413.18380.9
EBIT Margin
34.11%34.35%30.38%28.55%28.93%
Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.
SEC Filings: 10-K · 10-Q