Equity Lifestyle Properties (ELS) FCF Margin (2009 - 2026)
Equity Lifestyle Properties (ELS) posted quarterly FCF Margin of 21.06% for Q2 2026, up 200.0% year-over-year from 7.02% in Q2 2025, and down 43.79% quarter-over-quarter from 37.46% in Q1 2026.
Equity Lifestyle Properties (ELS) FCF Margin (2009 - 2026) Analysis & Trends
Equity Lifestyle Properties (ELS) has reported FCF Margin for 18 consecutive years, with 21.06% the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Margin rose 200.0% year-over-year to 21.06%; the TTM figure through Jun 2026 stood at 22.19% (down 83.0% YoY), while the FY2025 annual figure was 21.81%, down 148.0% from the prior year.
- FCF Margin declined to 21.06% in Q2 2026 per ELS's latest filing, from 37.46% in the prior quarter.
- Across five years, FCF Margin topped out at 38.26% in Q1 2025 and bottomed at 2.15% in Q4 2022.
- Historically, FCF Margin has averaged 20.64% across 5 years, with a median of 20.16% in 2025.
- Annual changes were most pronounced in 2022 — FCF Margin surged 6628 bps — and 2023, when it tumbled 671 bps.
- Equity Lifestyle Properties' FCF Margin stood at 2.15% in 2022, then soared by 460 bps to 12.04% in 2023, then slipped by 12 bps to 10.65% in 2024, then declined by 4 bps to 10.25% in 2025, then soared by 106 bps to 21.06% in 2026.
- Business Quant data shows ELS's FCF Margin at 21.06% in Q2 2026, 37.46% in Q1 2026, and 10.25% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 6.44% |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.95 Bn | 17.95 Bn | 705.34 Mn | 42.97% |
| 4 | Mid America Apartment Communities | 15.37 Bn | 15.25 Bn | 537.17 Mn | - |
| 5 | Sun Communities | 14.95 Bn | 14.95 Bn | 460.10 Mn | 41.25% |
| 6 | Equity Lifestyle Properties | 12.69 Bn | 12.69 Bn | 375.97 Mn | 21.06% |
| 7 | American Homes 4 Rent | 12.40 Bn | 12.40 Bn | - | - |
| 8 | Udr | 12.18 Bn | 12.18 Bn | 412.43 Mn | 47.36% |
| 9 | Camden Property Trust | 11.06 Bn | 11.06 Bn | - | -4,499.01% |
| 10 | Millrose Properties | 5.09 Bn | 5.09 Bn | - | 450.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.06% |
| Mar 31, 2026 | 37.46% |
| Dec 31, 2025 | 10.25% |
| Sep 30, 2025 | 19.26% |
| Jun 30, 2025 | 19.06% |
| Mar 31, 2025 | 38.26% |
| Dec 31, 2024 | 10.65% |
| Sep 30, 2024 | 23.53% |
| Jun 30, 2024 | 21.21% |
| Mar 31, 2024 | 37.26% |
| Dec 31, 2023 | 12.04% |
| Sep 30, 2023 | 17.92% |
| Jun 30, 2023 | 15.12% |
| Mar 31, 2023 | 26.49% |
| Dec 31, 2022 | 2.15% |
| Sep 30, 2022 | 12.02% |
| Jun 30, 2022 | 21.83% |
| Mar 31, 2022 | 26.01% |
| Dec 31, 2021 | -1.40% |
| Sep 30, 2021 | 11.62% |