What is Equity Lifestyle Pptys Inc's earnings per share (EPS)?

Equity Lifestyle Pptys Inc (ELS) reported diluted earnings per share of $2.01 for fiscal year 2025. This represents a 2.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Equity Lifestyle Pptys Inc Financials

ELS

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Equity Lifestyle Pptys Inc (ELS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 60/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Equity Lifestyle Pptys Inc has an operating margin of 25.6%, meaning the company retains $26 of operating profit per $100 of revenue. This strong profitability earns a score of 79/100, reflecting efficient cost management and pricing power. This is up from 24.9% the prior year.

Growth

Equity Lifestyle Pptys Inc's revenue grew a modest 0.3% year-over-year to $1.5B. This slow but positive growth earns a score of 34/100.

Leverage

Equity Lifestyle Pptys Inc has a moderate D/E ratio of 1.91. This balance of debt and equity financing earns a leverage score of 63/100.

Returns

Equity Lifestyle Pptys Inc's ROE of 22.9% shows moderate profitability relative to equity, earning a score of 62/100. This is up from 22.1% the prior year.

Piotroski F-Score Neutral

4/9

Equity Lifestyle Pptys Inc passes 4 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.42x

For every $1 of reported earnings, Equity Lifestyle Pptys Inc generates $1.42 in operating cash flow ($571.1M OCF vs $402.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

3.0x

Equity Lifestyle Pptys Inc earns $3.0 in operating income for every $1 of interest expense ($391.3M vs $131.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.5B

YoY+0.3%

5Y CAGR+6.5%

10Y CAGR+6.4%

Equity Lifestyle Pptys Inc generated $1.5B in revenue in fiscal year 2025. This represents an increase of 0.3% from the prior year.

EBITDA

$600.2M

YoY+2.7%

10Y CAGR+3.8%

Equity Lifestyle Pptys Inc's EBITDA was $600.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 2.7% from the prior year.

Net Income

$402.1M

YoY+4.5%

5Y CAGR+10.7%

10Y CAGR+10.3%

Equity Lifestyle Pptys Inc reported $402.1M in net income in fiscal year 2025. This represents an increase of 4.5% from the prior year.

EPS (Diluted)

$2.01

YoY+2.6%

5Y CAGR+10.0%

10Y CAGR+2.7%

Equity Lifestyle Pptys Inc earned $2.01 per diluted share (EPS) in fiscal year 2025. This represents an increase of 2.6% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$26.1M

YoY+6.3%

5Y CAGR+1.7%

10Y CAGR-11.3%

Equity Lifestyle Pptys Inc held $26.1M in cash against $3.3B in long-term debt as of fiscal year 2025.

Dividends Per Share

$2.06

YoY+7.9%

Equity Lifestyle Pptys Inc paid $2.06 per share in dividends in fiscal year 2025. This represents an increase of 7.9% from the prior year.

Shares Outstanding

194M

YoY+1.5%

5Y CAGR+1.3%

10Y CAGR+8.7%

Equity Lifestyle Pptys Inc had 194M shares outstanding in fiscal year 2025. This represents an increase of 1.5% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

25.6%

YoY+0.6pp

10Y CAGR-10.4pp

Equity Lifestyle Pptys Inc's operating margin was 25.6% in fiscal year 2025, reflecting core business profitability. This is up 0.6 percentage points from the prior year.

Net Margin

26.3%

YoY+1.0pp

5Y CAGR+4.7pp

10Y CAGR+7.9pp

Equity Lifestyle Pptys Inc's net profit margin was 26.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.0 percentage points from the prior year.

Return on Equity

22.9%

YoY+0.8pp

5Y CAGR+3.3pp

10Y CAGR+6.6pp

Equity Lifestyle Pptys Inc's ROE was 22.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.8 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

ELS Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$1.5B+0.3%	$1.5B+2.5%	$1.5B+2.9%	$1.4B+9.9%	$1.3B+17.7%	$1.1B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$37.5M-2.5%	$38.5M-18.6%	$47.3M+5.4%	$44.9M+13.3%	$39.6M+0.8%	$39.3M
Operating Income	$391.3M+2.8%	$380.7M+18.9%	$320.1M+8.3%	$295.5M+8.6%	$272.2M	N/A
Interest Expense	$131.0M-4.9%	$137.7M+4.1%	$132.3M+13.5%	$116.6M+7.2%	$108.7M+5.8%	$102.8M
Income Tax	-$3.3M-824.6%	-$354K+96.6%	-$10.5M	$0	$0	N/A
Net Income	$402.1M+4.5%	$384.8M+16.7%	$329.7M+10.3%	$298.8M+8.3%	$276.0M+14.3%	$241.4M
EPS (Diluted)	$2.01+2.6%	$1.96+16.0%	$1.69+10.5%	$1.53+7.0%	$1.43+14.4%	$1.25

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$373.9M-4.9%	$393.3M+4.4%	$376.9M-2.7%	$387.3M+4.0%	$372.3M-3.9%	$387.3M+1.9%	$380.0M-1.7%	$386.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$9.0M+2.7%	$8.8M-15.9%	$10.5M+13.2%	$9.2M+12.2%	$8.2M-11.2%	$9.3M+3.2%	$9.0M-25.1%	$12.0M
Operating Income	$99.0M+0.4%	$98.6M+17.1%	$84.2M-23.1%	$109.5M+8.0%	$101.4M+22.4%	$82.8M+1.5%	$81.5M-29.1%	$115.0M
Interest Expense	$34.0M+1.0%	$33.7M+4.5%	$32.2M+3.4%	$31.1M-1.6%	$31.6M-13.3%	$36.5M+1.3%	$36.0M+7.4%	$33.5M
Income Tax	N/A	N/A	N/A	N/A	-$115K	$0	$0+100.0%	-$239K
Net Income	$103.8M+3.4%	$100.4M+20.2%	$83.5M-27.0%	$114.4M+13.8%	$100.6M+15.8%	$86.9M+5.8%	$82.1M-28.8%	$115.3M
EPS (Diluted)	N/A	$0.50+19.0%	$0.42-26.3%	$0.57	N/A	$0.44+4.8%	$0.42-28.8%	$0.59

ELS Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$5.7B+1.8%	$5.6B+0.6%	$5.6B+2.2%	$5.5B+3.5%	$5.3B+20.1%	$4.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$26.1M+6.3%	$24.6M-17.9%	$29.9M+34.0%	$22.3M-81.9%	$123.4M+412.9%	$24.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$17.6M0.0%	$17.6M0.0%	$17.6M0.0%	$17.6M+1.1%	$17.4M+123.1%	$7.8M
Total Liabilities	$3.9B+2.8%	$3.8B-7.1%	$4.1B+3.5%	$4.0B+4.0%	$3.8B+22.7%	$3.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$3.3B+4.4%	$3.2B-8.9%	$3.5B+3.9%	$3.4B+3.5%	$3.3B+33.9%	$2.4B
Total Equity	$1.8B+0.9%	$1.7B+21.8%	$1.4B-1.2%	$1.4B+2.1%	$1.4B+14.7%	$1.2B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$5.7B0.0%	$5.7B+0.5%	$5.7B+1.4%	$5.6B-0.1%	$5.6B0.0%	$5.6B0.0%	$5.6B+0.3%	$5.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$26.1M-33.5%	$39.3M+19.0%	$33.0M-30.5%	$47.5M+93.2%	$24.6M-39.2%	$40.4M+13.3%	$35.7M-24.6%	$47.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$17.6M	N/A	N/A	N/A	$17.6M	N/A	N/A	N/A
Total Liabilities	$3.9B-0.1%	$3.9B+0.7%	$3.9B+2.6%	$3.8B-0.3%	$3.8B-7.9%	$4.1B+0.3%	$4.1B+0.6%	$4.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$3.3B	N/A	N/A	N/A	$3.2B	N/A	N/A	N/A
Total Equity	$1.8B+0.2%	$1.8B+1.3%	$1.7B-1.1%	$1.7B+0.5%	$1.7B+22.1%	$1.4B-1.0%	$1.4B-0.6%	$1.4B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ELS Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$571.1M-4.3%	$596.7M+8.9%	$548.0M+15.2%	$475.8M-6.5%	$509.0M+21.9%	$417.4M
Capital Expenditures	N/A	N/A	N/A	$132.8M-66.6%	$398.0M+90.2%	$209.2M
Free Cash Flow	N/A	N/A	N/A	$343.0M+208.9%	$111.0M-46.7%	$208.2M
Investing Cash Flow	-$277.1M-27.2%	-$217.8M+32.9%	-$324.8M+19.2%	-$402.1M+51.5%	-$828.4M-106.5%	-$401.3M
Financing Cash Flow	-$292.5M+23.9%	-$384.2M-78.2%	-$215.7M-23.4%	-$174.8M-141.7%	$418.7M+2098.0%	-$21.0M
Dividends Paid	$388.0M+10.7%	$350.6M+7.4%	$326.4M+10.2%	$296.1M+13.1%	$261.7M+7.7%	$242.9M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$99.5M-32.3%	$147.0M+12.0%	$131.3M-32.1%	$193.4M+83.6%	$105.3M-29.6%	$149.5M+4.5%	$143.1M-28.0%	$198.7M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$53.4M+20.2%	-$66.8M+41.6%	-$114.6M-170.7%	-$42.3M+35.8%	-$65.9M-39.4%	-$47.3M+11.3%	-$53.3M-3.9%	-$51.3M
Financing Cash Flow	-$59.3M+19.8%	-$73.9M-136.8%	-$31.2M+75.7%	-$128.2M-132.2%	-$55.2M+43.4%	-$97.5M+3.9%	-$101.4M+22.0%	-$130.1M
Dividends Paid	$99.8M-3.2%	$103.1M0.0%	$103.1M+13.1%	$91.2M+2.4%	$89.1M-4.7%	$93.4M0.0%	$93.4M+12.0%	$83.4M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ELS Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	25.6%+0.6pp	24.9%+3.5pp	21.5%+1.1pp	20.4%-0.3pp	20.7%	N/A
Net Margin	26.3%+1.0pp	25.2%+3.1pp	22.1%+1.5pp	20.6%-0.3pp	21.0%-0.6pp	21.6%
Return on Equity	22.9%+0.8pp	22.1%-1.0pp	23.1%+2.4pp	20.7%+1.2pp	19.5%-0.1pp	19.6%
Return on Assets	7.0%+0.2pp	6.8%+0.9pp	5.9%+0.4pp	5.4%+0.2pp	5.2%-0.3pp	5.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.91+0.1	1.84-0.6	2.46+0.1	2.34+0.0	2.31+0.3	1.98
FCF Margin	N/A	N/A	N/A	23.7%+15.3pp	8.4%-10.2pp	18.6%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	26.5%+1.4pp	25.1%+2.7pp	22.4%-5.9pp	28.3%+1.1pp	27.2%+5.8pp	21.4%-0.1pp	21.5%-8.3pp	29.8%
Net Margin	27.8%+2.3pp	25.5%+3.4pp	22.1%-7.4pp	29.5%+2.5pp	27.0%+4.6pp	22.4%+0.8pp	21.6%-8.2pp	29.8%
Return on Equity	5.9%+0.2pp	5.7%+0.9pp	4.8%-1.7pp	6.5%+0.8pp	5.8%-0.3pp	6.1%+0.4pp	5.7%-2.3pp	8.0%
Return on Assets	1.8%+0.1pp	1.8%+0.3pp	1.5%-0.6pp	2.0%+0.2pp	1.8%+0.2pp	1.5%+0.1pp	1.5%-0.6pp	2.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.91-0.3	2.24-0.0	2.26+0.1	2.18+0.3	1.84-1.1	2.91+0.0	2.87+0.0	2.84
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Equity Lifestyle Pptys Inc's annual revenue?

Equity Lifestyle Pptys Inc (ELS) reported $1.5B in total revenue for fiscal year 2025. This represents a 0.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Equity Lifestyle Pptys Inc's revenue growing?

Equity Lifestyle Pptys Inc (ELS) revenue grew by 0.3% year-over-year, from $1.5B to $1.5B in fiscal year 2025.

Is Equity Lifestyle Pptys Inc profitable?

Yes, Equity Lifestyle Pptys Inc (ELS) reported a net income of $402.1M in fiscal year 2025, with a net profit margin of 26.3%.

What is Equity Lifestyle Pptys Inc's EBITDA?

Equity Lifestyle Pptys Inc (ELS) had EBITDA of $600.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Equity Lifestyle Pptys Inc have?

As of fiscal year 2025, Equity Lifestyle Pptys Inc (ELS) had $26.1M in cash and equivalents against $3.3B in long-term debt.

What is Equity Lifestyle Pptys Inc's operating margin?

Equity Lifestyle Pptys Inc (ELS) had an operating margin of 25.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Equity Lifestyle Pptys Inc's net profit margin?

Equity Lifestyle Pptys Inc (ELS) had a net profit margin of 26.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Equity Lifestyle Pptys Inc pay dividends?

Yes, Equity Lifestyle Pptys Inc (ELS) paid $2.06 per share in dividends during fiscal year 2025.

What is Equity Lifestyle Pptys Inc's return on equity (ROE)?

Equity Lifestyle Pptys Inc (ELS) has a return on equity of 22.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Equity Lifestyle Pptys Inc's operating cash flow?

Equity Lifestyle Pptys Inc (ELS) generated $571.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Equity Lifestyle Pptys Inc's total assets?

Equity Lifestyle Pptys Inc (ELS) had $5.7B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Equity Lifestyle Pptys Inc have outstanding?

Equity Lifestyle Pptys Inc (ELS) had 194M shares outstanding as of fiscal year 2025.

What is Equity Lifestyle Pptys Inc's debt-to-equity ratio?

Equity Lifestyle Pptys Inc (ELS) had a debt-to-equity ratio of 1.91 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Equity Lifestyle Pptys Inc's return on assets (ROA)?

Equity Lifestyle Pptys Inc (ELS) had a return on assets of 7.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Equity Lifestyle Pptys Inc's Piotroski F-Score?

Equity Lifestyle Pptys Inc (ELS) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Equity Lifestyle Pptys Inc's earnings high quality?

Equity Lifestyle Pptys Inc (ELS) has an earnings quality ratio of 1.42x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Equity Lifestyle Pptys Inc cover its interest payments?

Equity Lifestyle Pptys Inc (ELS) has an interest coverage ratio of 3.0x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Equity Lifestyle Pptys Inc?

Equity Lifestyle Pptys Inc (ELS) scores 60 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.