Equity Lifestyle Properties Financial Statements
NYSE: ELSReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Equity Lifestyle Properties revenue and earnings
In fiscal 2025, Equity Lifestyle Properties generated $1.53 billion in revenue, up 0.3% from fiscal 2024, its 17th consecutive year of revenue growth. Net income was $402.1 million (+4.5% year over year), for a net margin of 26.3% versus a median of 21.6% in the prior 5 years. Operating margin was 25.6%.
Diluted earnings per share came in at $2.01, up from $1.96. Over the last 5 fiscal years, ELS's revenue has grown at a 6.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Equity Lifestyle Properties income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.53B | 1.53B | 1.49B | 1.45B | 1.32B | 1.12B | 1.04B | 986.65M | 925.31M | 870.43M |
| Revenue growth (YoY) | +0.34% | +2.47% | +2.93% | +9.93% | +17.66% | +7.86% | +5.13% | +6.63% | +6.30% | +5.94% |
| Selling, General & Admin | 53.58M | 60.55M | 68.25M | 65.17M | 58.24M | 54.95M | 51.26M | 50.23M | 43.17M | 42.06M |
| Operating Income | 391.35M | 380.68M | 320.06M | 295.46M | 272.18M | — | — | 355.58M | 336.72M | 315.17M |
| Interest Expense | 131.00M | 137.71M | 132.34M | 116.56M | 108.72M | 102.77M | 104.22M | 104.99M | 100.57M | 102.03M |
| Pretax Income | — | — | — | 295.46M | 272.12M | 236.02M | 287.17M | 221.45M | 206.61M | 184.53M |
| Income Tax | -3.27M | -354.00K | -10.49M | 0 | 0 | — | — | — | — | — |
| Net Income | 402.06M | 384.82M | 329.68M | 298.82M | 276.00M | 241.42M | 295.92M | 226.39M | 210.38M | 187.13M |
| Net Income growth (YoY) | +4.48% | +16.73% | +10.32% | +8.27% | +14.33% | -18.42% | +30.72% | +7.61% | +12.42% | +24.33% |
| EPS (Basic) | 2.01 | 1.96 | 1.69 | 1.53 | 1.43 | 1.26 | 1.54 | 1.19 | 1.09 | 1.93 |
| EPS (Diluted) | 2.01 | 1.96 | 1.69 | 1.53 | 1.43 | 1.25 | 1.54 | 1.19 | 1.08 | 1.92 |
| Shares Outstanding (Basic) | 192.14M | 187.44M | 186.06M | 185.78M | 182.92M | 181.83M | 180.81M | 177.93M | 173.99M | 84.78M |
| Shares Outstanding (Diluted) | 200.11M | 196.64M | 195.43M | 195.25M | 192.88M | 192.56M | 192.00M | 190.11M | 186.85M | 92.57M |
| EBITDA | 600.24M | 584.56M | 523.79M | 497.82M | 460.62M | — | — | 492.79M | 460.40M | 433.69M |
| Operating Margin | 25.56% | 24.94% | 21.49% | 20.42% | 20.68% | — | — | 36.04% | 36.39% | 36.21% |
| Net Margin | 26.25% | 25.21% | 22.13% | 20.65% | 20.97% | 21.58% | 28.53% | 22.94% | 22.74% | 21.50% |
This table shows 10 annual periods of Equity Lifestyle Properties's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, selling, general & admin, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow ELS's reporting calendar. What is a income statement?