Equity LifeStyle Properties, Inc. (ELS)
NYSE: ELS · Real-Time Price · USD
63.74
-0.17 (-0.27%)
Aug 28, 2026, 4:00 PM EDT - Market closed
ELS Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Rental Revenue | 1,312 | 1,283 | 1,233 | 1,179 | 1,119 | 1,033 |
Other Revenue | 235.41 | 237.03 | 281.65 | 295.44 | 315.86 | 276.14 |
| 1,568 | 1,538 | 1,532 | 1,492 | 1,450 | 1,320 | |
Revenue Growth (YoY | 2.49% | 0.36% | 2.70% | 2.88% | 9.86% | 17.57% |
Property Expenses | 726.71 | 719.68 | 725.29 | 731.74 | 730.4 | 658.26 |
Selling, General & Administrative | 85.05 | 80.09 | 88.19 | 89.39 | 92.5 | 81.78 |
Depreciation & Amortization | 212.08 | 208.9 | 203.88 | 203.74 | 202.36 | 188.44 |
Total Operating Expenses | 1,024 | 1,009 | 1,017 | 1,025 | 1,025 | 928.48 |
Operating Income | 544.24 | 529.24 | 515.06 | 467.27 | 425.19 | 391.8 |
Interest Expense | -135.15 | -131.02 | -137.73 | -132.36 | -116.58 | -108.73 |
Other Non-Operating Income | -5.47 | -4.85 | -5.53 | -5.77 | -4.84 | -3.64 |
EBT Excluding Unusual Items | 403.61 | 393.37 | 371.8 | 329.14 | 303.77 | 279.43 |
Merger & Restructuring Charges | - | - | - | - | -3.81 | -0.6 |
Gain (Loss) on Sale of Assets | 0.92 | 0.92 | - | - | - | -0.06 |
Total Insurance Settlements | 6.8 | 5.1 | 28.35 | 13.4 | 40.6 | - |
Other Unusual Items | 0.39 | -0.61 | -15.7 | -23.37 | -41.76 | -2.78 |
Pretax Income | 411.9 | 398.77 | 384.45 | 319.17 | 298.81 | 275.98 |
Income Tax Expense | -3.27 | -3.27 | -0.35 | -10.49 | - | - |
Earnings From Continuing Operations | 415.17 | 402.05 | 384.8 | 329.66 | 298.81 | 275.98 |
Minority Interest in Earnings | -13.36 | -15.55 | -17.8 | -15.47 | -14.2 | -13.52 |
Net Income | 401.81 | 386.49 | 367 | 314.19 | 284.61 | 262.46 |
Net Income to Common | 401.81 | 386.49 | 367 | 314.19 | 284.61 | 262.46 |
Net Income Growth | 9.28% | 5.31% | 16.81% | 10.39% | 8.44% | 14.98% |
Basic Shares Outstanding | 194 | 192 | 187 | 186 | 186 | 183 |
Diluted Shares Outstanding | 200 | 200 | 197 | 195 | 195 | 193 |
Shares Change | 0.63% | 1.77% | 0.62% | 0.09% | 1.23% | 0.17% |
EPS (Basic) | 2.08 | 2.01 | 1.96 | 1.69 | 1.53 | 1.43 |
EPS (Diluted) | 2.07 | 2.01 | 1.96 | 1.69 | 1.53 | 1.43 |
EPS Growth | 7.09% | 2.67% | 16.01% | 10.23% | 6.96% | 14.13% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share | 2.115 | 2.060 | 1.910 | 1.790 | 1.640 | 1.450 |
Dividend Growth | 6.55% | 7.85% | 6.70% | 9.15% | 13.10% | 5.84% |
Operating Margin | 34.71% | 34.41% | 33.61% | 31.31% | 29.31% | 29.68% |
Profit Margin | 25.62% | 25.13% | 23.95% | 21.06% | 19.62% | 19.88% |
EBITDA | 761.03 | 742.98 | 724.45 | 676.37 | 632.24 | 583.23 |
EBITDA Margin | 48.53% | 48.31% | 47.27% | 45.33% | 43.59% | 44.17% |
D&A For Ebitda | 216.79 | 213.74 | 209.4 | 209.1 | 207.05 | 191.43 |
EBIT | 544.24 | 529.24 | 515.06 | 467.27 | 425.19 | 391.8 |
EBIT Margin | 34.71% | 34.41% | 33.61% | 31.31% | 29.31% | 29.68% |
Funds From Operations (FFO) | 631.44 | 615.74 | 595.97 | 541.16 | 505.06 | 465.57 |
FFO Per Share | 3.15 | 3.08 | 3.03 | - | - | - |
Adjusted Funds From Operations (AFFO) | - | 615.74 | 595.97 | 541.16 | 505.06 | 465.57 |
AFFO Per Share | - | 3.08 | 3.03 | - | - | - |
FFO Payout Ratio | 63.87% | 63.01% | 58.83% | 60.32% | 58.64% | 56.22% |
Revenue as Reported | 1,563 | 1,531 | 1,526 | 1,489 | 1,447 | 1,316 |