ELS vs UDR vs AMH Stock Comparison

Equity Lifestyle Properties, Udr and American Homes 4 Rent Prices as of Nov 2, 2026 Peers: Industry group
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UDR UDR, Inc.
$35.92 +7.9% 1M +6.6% 1Y
Market cap
$11.54B
P/E
22.5x
Revenue (TTM)
$1.72B
Div. yield
3.95%
Residential REITs Real Estate
5 wins
AMH American Homes 4 Rent
$31.90 +5.4% 1M +0.9% 1Y
Market cap
$11.46B
P/E
24.7x
Revenue (TTM)
—
Div. yield
4.04%
Residential REITs Real Estate
3 wins

Head to Head

12 decided of 12

Udr leads on 5 of the 12 questions below (Udr 5, Equity Lifestyle Properties 4, American Homes 4 Rent 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionELSUDRAMHLeader
Larger companyMarket capitalisation $11.73B $11.54B $11.46B ELS
Cheaper on earningsLower P/E, profitable companies only 30.0x 22.5x 24.7x UDR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 28.6x 34.2x 30.1x ELS
Faster revenue growthRevenue growth, trailing twelve months +3.2% +1.5% — ELS
More profitableNet margin, trailing twelve months 24.8% 30.1% — UDR
Better return on capitalReturn on invested capital 7.8% 7.9% — UDR
Less leveragedLower net debt / EBITDA 5.2x 4.2x — UDR
Higher dividend yieldTrailing dividend yield 3.53% 3.95% 4.04% AMH
Better 1-year returnPrice return, last 12 months -1.0% +6.6% +0.9% UDR
Better 5-year returnAnnualised price return, 5 years -6.5%/yr -8.2%/yr -4.9%/yr AMH
Less volatileAnnualised volatility, 1 year 18.8% 20.7% 20.1% ELS
Higher overall scoreMean of the five percentile scores vs peers 51/100 57/100 63/100 AMH

Percentile Scorecard

ELSUDRAMH

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisELSUDRAMH
Valuation 12 #128 of 145 42 #85 of 145 51 #71 of 145
Growth 55 #66 of 144 59 #59 of 144 69 #46 of 144
Profitability 93 #11 of 140 96 #7 of 140 65 #50 of 140
Financial Health 38 #91 of 146 37 #93 of 146 63 #55 of 146
Shareholder Returns 56 #59 of 132 53 #62 of 132 68 #43 of 132
Overall 51 57 63
  • ELS ranked among 149 companies in Property REITs
  • UDR ranked among 149 companies in Property REITs
  • AMH ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodELSUDRAMHSPY
1 month +3.7%+7.9%+5.4% -2.3%
3 months -7.9%-7.2%-7.6% -0.7%
6 months -3.5%-1.2%-0.3% +4.8%
Year to date -0.3%-2.1%-0.6% +10.3%
1 year -1.0%+6.6%+0.9% +10.3%
3 years -10.9%+8.0%-9.9% +73.0%
3 years, per year -3.8%+2.6%-3.4% +20.1%
5 years -28.5%-34.9%-22.2% +61.9%
5 years, per year -6.5%-8.2%-4.9% +10.1%
10 years +64.2%+4.3%+57.9% +258.6%
10 years, per year +5.1%+0.4%+4.7% +13.6%

Risk

MeasureELSUDRAMHSPY
Volatility, 1Y 18.8%20.7%20.1% 12.8%
Downside volatility, 1Y 18.3%20.0%19.1% 12.8%
Beta vs S&P 500, 1Y -0.220.130.01 1.00
Return / volatility, 1Y -0.050.320.05 0.80
Max drawdown, 5Y -34.2%-48.3%-37.2% -25.4%
From 52-week high -11.6%-12.9%-8.4% -3.5%
52-week high $68.37$41.24$34.81 $779.14
52-week low $57.64$33.28$27.38 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleELSUDRAMH
P/E now vs peer median 30.0xmedian 26.3x 22.5xmedian 26.3x 24.7xmedian 26.3x
P/S now vs peer median 7.4xmedian 4.2x 6.7xmedian 4.2x —median 4.2x
EV/EBITDA now vs peer median 23.6xmedian 14.4x 12.7xmedian 14.4x —median 14.4x
P/FCF now vs peer median 31.6xmedian 23.9x 33.2xmedian 23.9x 1,104xmedian 23.9x
P/B now vs peer median 6.5xmedian 1.3x 3.9xmedian 1.3x 1.5xmedian 1.3x
PEG now vs peer median 3.35median 1.98 3.53median 1.98 2.55median 1.98

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsELSUDRAMH
Revenue $1.58B $1.72B –
Gross profit $1.44B – –
Operating income $412.54M $699.68M –
Net income $404.07M $557.97M $542.82M
Free cash flow $370.75M $347.44M $10.37M
EPS (diluted) $1.95 $1.60 $1.29
Cash & equivalents $24.33M $1.19M $83.67M
Total debt $3.31B $5.81B $5.13B
Shares (diluted) 200.25M 323.29M 360.81M
Enterprise value $11.66B $12.44B $11.83B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricELSUDRAMH
P/E 30.0x 22.5x 24.7x
P/FCF 31.6x 33.2x 1,104x
P/Operating cash flow 19.8x 13.0x 13.2x
P/S 7.4x 6.7x –
P/B 6.5x 3.9x 1.5x
P/Tangible book 6.5x 3.9x 1.5x
EV/EBITDA 23.6x 12.7x –
EV/EBIT 36.4x 24.8x –
EV/Revenue 9.5x 10.1x –
EV/FCF 40.5x 49.9x 1,591x
EV/Operating cash flow 25.3x 19.6x 19.1x
PEG (3Y EPS CAGR) 3.35 3.53 2.55

Growth

14 metrics
MetricELSUDRAMH
Revenue growth (1Y) 3.2% 1.5% –
Revenue CAGR (3Y) 2.4% 2.5% –
Gross profit growth (1Y) 3.4% – –
Gross profit CAGR (3Y) 3.9% – –
Operating income growth (1Y) 4.9% 108.4% –
Operating income CAGR (3Y) 16.4% 4.4% –
Net income growth (1Y) 1.3% 296.1% 12.2%
Net income CAGR (3Y) 9.2% 5.5% 9.1%
EPS growth (1Y) 2.3% 317.5% 15.9%
EPS CAGR (3Y) 8.9% 6.4% 9.7%
Operating cash flow growth (1Y) 2.8% 1.1% 4.1%
Operating cash flow CAGR (3Y) 6.6% 2.2% 7.2%
Free cash flow growth (1Y) 11.0% -38.3% 101.6%
Free cash flow CAGR (3Y) 22.6% -1.9% 26.4%

Profitability

14 metrics
MetricELSUDRAMH
Gross margin 91.0% – –
EBITDA margin 40.3% 79.8% –
Operating margin 26.1% 40.8% –
Pretax margin 18.3% 32.6% –
Net margin 24.8% 30.1% –
FCF margin 23.5% 20.2% –
Operating cash flow margin 37.6% 51.7% –
Return on equity 22.3% 17.9% 7.2%
Return on assets 7.0% 5.4% 4.1%
Return on invested capital 7.8% 7.9% –
Return on capital employed – – –
Asset turnover 0.3x 0.2x –
Cash conversion (OCF / net income) 1.5x 1.6x 1.6x
Stock comp / revenue 0.4% 1.6% –

Financial Health

11 metrics
MetricELSUDRAMH
Debt / assets 57.4% 56.6% 39.1%
Debt / equity 1.8x 2.0x 0.7x
Net debt / EBITDA 5.2x 4.2x –
Debt / FCF 8.9x 16.7x 494.5x
Liabilities / assets 68.7% 71.4% 43.0%
Equity / assets 31.3% 28.6% 57.0%
Interest coverage 3.0x 3.6x –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricELSUDRAMH
Dividend yield 3.5% 4.0% 4.0%
Net buyback yield 0.0% 3.6% 2.0%
Shareholder yield 3.5% 7.6% 6.1%
Payout ratio (earnings) 101.5% 101.7% 85.3%
Payout ratio (FCF) 110.6% 163.4% 4,462%
Dividend growth (1Y) 8.7% 0.7% 11.3%
Dividend CAGR (3Y) 8.7% 3.6% 17.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusELSUDRAMH
Forward P/E 28.6xFY2026 34.2xFY2026 30.1xFY2026
EPS, next fiscal year $2.11FY2026 $1.05FY2026 $1.06FY2026
EPS growth, next FY +5.0%FY2026 -7.1%FY2026 -10.2%FY2026
EPS growth, the year after +9.0% -41.9% -18.9%
Revenue, next fiscal year $1.52BFY2026 $1.77BFY2026 $2.04BFY2026
Revenue growth, next FY -0.6%FY2026 +4.0%FY2026 +10.0%FY2026
Revenue growth, the year after +14.4% +0.9% -0.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersELSUDRAMH
Held by institutions 100.0% 100.0% 90.7%
Institutions holding 477 525 482
Change in shares held, QoQ +2.6% +4.9% +8.2%
Institutions buying 220 243 255
Institutions selling 190 207 160
Buyers to sellers 1.16 1.17 1.59

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ELSUDRAMH
ELS 1.00 0.55 0.56
UDR 0.55 1.00 0.75
AMH 0.56 0.75 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ELS, UDR and AMH?

Equity Lifestyle Properties (ELS) is the largest by market capitalisation: Equity Lifestyle Properties (ELS) $11.73B, Udr (UDR) $11.54B, American Homes 4 Rent (AMH) $11.46B.

Which stock is cheaper, ELS, UDR and AMH?

Udr (UDR) trades on the lowest price-to-earnings ratio (Equity Lifestyle Properties (ELS) 30.0x, Udr (UDR) 22.5x, American Homes 4 Rent (AMH) 24.7x). On next year's consensus earnings, Equity Lifestyle Properties (ELS) is cheapest (Equity Lifestyle Properties (ELS) 28.6x, Udr (UDR) 34.2x, American Homes 4 Rent (AMH) 30.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Equity Lifestyle Properties (ELS) grew revenue fastest over the trailing twelve months: Equity Lifestyle Properties (ELS) +3.2%, Udr (UDR) +1.5%.

Which company is more profitable?

Udr (UDR) has the highest net margin (Equity Lifestyle Properties (ELS) 24.8%, Udr (UDR) 30.1%). On return on invested capital, Udr (UDR) leads (Equity Lifestyle Properties (ELS) 7.8%, Udr (UDR) 7.9%).

Which stock has performed better?

Over the past year Udr (UDR) returned the most: Equity Lifestyle Properties (ELS) -1.0%, Udr (UDR) +6.6%, American Homes 4 Rent (AMH) +0.9%. Over five years, American Homes 4 Rent (AMH) compounded fastest (Equity Lifestyle Properties (ELS) -6.5%/yr, Udr (UDR) -8.2%/yr, American Homes 4 Rent (AMH) -4.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

American Homes 4 Rent (AMH) has the highest dividend yield: Equity Lifestyle Properties (ELS) 3.53%, Udr (UDR) 3.95%, American Homes 4 Rent (AMH) 4.04%.

Which stock is riskier?

By one-year price volatility, Equity Lifestyle Properties (ELS) has been the steadiest (Equity Lifestyle Properties (ELS) 18.8%, Udr (UDR) 20.7%, American Homes 4 Rent (AMH) 20.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ELS, UDR and AMH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Udr (UDR) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.