KPIs & Operating Metrics(New)

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

Equity Lifestyle Properties (ELS) reported FCF Margin of 37.46% for Q1 2026, down 80.0% year-over-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) has 18 years of FCF Margin data on file, last reported at 37.46% in Q1 2026.

  • Quarterly FCF Margin fell 80.0% year-over-year to 37.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.72% (down 183.0% YoY) and the FY2025 annual result came in at 21.81%, down 148.0% from the prior year.
  • FCF Margin climbed to 37.46% in Q1 2026 per ELS's latest filing, from 10.25% 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.
  • The 5-year median for FCF Margin is 19.26% (2025), against an average of 20.62%.
  • The widest annual swing landed in 2022, when FCF Margin slumped 3107 bps; it then soared 1077 bps in 2024.
  • Tracing ELS's FCF Margin over 5 years: stood at 2.15% in 2022, then soared by 460 bps to 12.04% in 2023, then fell by 12 bps to 10.65% in 2024, then decreased by 4 bps to 10.25% in 2025, then soared by 266 bps to 37.46% in 2026.
  • Per Business Quant, the three latest ELS FCF Margin figures stand at 37.46% (Q1 2026), 10.25% (Q4 2025), and 19.26% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 46.67%
2 Equity Residential 25.13 Bn 25.27 Bn - -
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 32.15%
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 31.96%
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 28.55%
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 20.03%
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 37.46%
9 Camden Property Trust 11.27 Bn 11.34 Bn - 2,523.66%
10 Millrose Properties 4.59 Bn 4.59 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 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 16.53%
Sep 30, 2021 11.62%
Jun 30, 2021 28.07%
Mar 31, 2021 57.08%
Dec 31, 2020 70.71%
Sep 30, 2020 24.64%
Jun 30, 2020 21.12%
Mar 31, 2020 29.21%
Dec 31, 2019 139.85%
Sep 30, 2019 13.39%
Jun 30, 2019 19.16%
Mar 31, 2019 29.20%
Dec 31, 2018 14.84%
Sep 30, 2018 18.60%
Jun 30, 2018 24.20%
Mar 31, 2018 37.30%
Dec 31, 2017 -25.97%
Sep 30, 2017 23.15%
Jun 30, 2017 31.65%
Mar 31, 2017 48.98%
Dec 31, 2016 26.98%
Sep 30, 2016 28.86%
Jun 30, 2016 17.48%
Mar 31, 2016 42.87%
Dec 31, 2015 32.57%
Sep 30, 2015 36.77%
Jun 30, 2015 44.29%
Mar 31, 2015 46.55%
Dec 31, 2014 16.11%
Sep 30, 2014 19.33%
Jun 30, 2014 27.32%
Mar 31, 2014 42.30%
Dec 31, 2013 60.68%
Sep 30, 2013 -30.13%
Jun 30, 2013 43.03%
Mar 31, 2013 33.68%
Dec 31, 2012 46.28%
Sep 30, 2012 21.28%
Jun 30, 2012 23.84%
Mar 31, 2012 33.34%
Dec 31, 2011 -341.51%
Sep 30, 2011 4.94%
Jun 30, 2011 18.65%
Mar 31, 2011 34.76%
Dec 31, 2010 10.06%
Sep 30, 2010 17.45%
Jun 30, 2010 28.30%
Mar 31, 2010 33.32%
Dec 31, 2009 4.70%
Sep 30, 2009 11,012.28%