Equity Lifestyle Properties (ELS) FCF Margin (2009 - 2026)

Equity Lifestyle Properties' (ELS) quarterly FCF Margin came in at 37.46% in Q1 2026, down 80.0% year-on-year from 187.3% in Q1 2025, and up 265.63% on a QoQ basis from 10.25% in Q4 2025.

Equity Lifestyle Properties (ELS) FCF Margin (2009 - 2026) Analysis & Trends

Equity Lifestyle Properties (ELS) has 18 years of FCF Margin data on file, last reported at 37.46% in Q1 2026.

  • On a quarterly basis, FCF Margin fell 80.0% year-over-year to 37.46% in Q1 2026; TTM through Mar 2026 was 21.72%, a 1755.0% decrease from a year earlier, with the FY2025 full-year figure at 21.81%, down 1720.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 37.46%, up from 10.25% in the prior quarter.
  • Over the last five years, FCF Margin for ELS reached as high as 75.1% in Q4 2024 and fell as low as 49.47% in Q4 2023.
  • Historically, FCF Margin has averaged 19.64% across 5 years, with a median of 21.21% in 2024.
  • Across the five-year window, FCF Margin jumped 12457 bps in 2024 and tumbled 6485 bps in 2025, its largest moves.
  • Year by year, FCF Margin stood at 17.42% in 2022, then tumbled by 184 bps to 49.47% in 2023, then jumped by 252 bps to 75.1% in 2024, then tumbled by 86 bps to 10.25% in 2025, then surged by 266 bps to 37.46% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 37.46% in Q1 2026, 10.25% in Q4 2025, and 19.26% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Avalonbay Communities 26.48 Bn 26.48 Bn - 4,479.71%
2 Equity Residential 25.80 Bn 25.80 Bn - -
3 Invitation Homes 18.05 Bn 18.05 Bn 694.98 Mn 30.17%
4 Mid America Apartment Communities 15.67 Bn 15.54 Bn 537.05 Mn 28.55%
5 Sun Communities 14.96 Bn 14.96 Bn 491.20 Mn 31.96%
6 Udr 13.01 Bn 12.98 Bn 416.43 Mn 23.54%
7 Equity Lifestyle Properties 12.85 Bn 12.85 Bn 378.95 Mn 37.46%
8 American Homes 4 Rent 12.22 Bn 12.22 Bn - -
9 Camden Property Trust 11.94 Bn 11.94 Bn - 6,911.11%
10 Millrose Properties 4.76 Bn 4.76 Bn - 409.02%

Historic Data

Download Data
DateValue
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 75.10%
Sep 30, 2024 23.53%
Jun 30, 2024 21.21%
Mar 31, 2024 37.26%
Dec 31, 2023 -49.47%
Sep 30, 2023 17.92%
Jun 30, 2023 15.12%
Mar 31, 2023 26.49%
Dec 31, 2022 -17.42%
Sep 30, 2022 12.02%
Jun 30, 2022 21.83%
Mar 31, 2022 26.01%
Dec 31, 2021 -44.38%
Sep 30, 2021 11.62%
Jun 30, 2021 28.07%