Equity Lifestyle Properties (ELS) Gross Margin (2009 - 2026)
Equity Lifestyle Properties (ELS) reported Gross Margin of 99.04% for Q1 2026, up 5.0% year-over-year from 94.32% in Q1 2025, and little changed quarter-over-quarter from 98.96% in Q4 2025.
Equity Lifestyle Properties (ELS) Gross Margin (2009 - 2026) Analysis & Trends
Equity Lifestyle Properties (ELS) has 18 years of Gross Margin data on file, last reported at 99.04% in Q1 2026.
- Gross Margin for Q1 2026 came in at 99.04%, up 5.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 98.96% (up 32.0% YoY), and the FY2025 annual result was 98.95%, up 40.0% from the prior year.
- Gross Margin held at 99.04% in Q1 2026 per ELS's latest filing, from 98.96% in the prior quarter.
- Over five years, Gross Margin peaked at 99.04% in Q1 2026 and troughed at 98.33% in Q3 2024.
- A 5-year average of 98.7% and a median of 98.65% in 2022 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 83 bps in 2022 and fell as far as 144 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 98.65% in 2022, then fell by 0 bps to 98.64% in 2023, then advanced by 0 bps to 98.87% in 2024, then increased by 0 bps to 98.96% in 2025, then grew by 0 bps to 99.04% in 2026.
- Business Quant data shows ELS's Gross Margin at 99.04% in Q1 2026, 98.96% in Q4 2025, and 98.93% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | - |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | - |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 94.67% |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 96.67% |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 96.71% |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 97.79% |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | 99.04% |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | - |
| 10 | Millrose Properties | 4.75 Bn | 4.75 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 99.04% |
| Dec 31, 2025 | 98.96% |
| Sep 30, 2025 | 98.93% |
| Jun 30, 2025 | 98.92% |
| Mar 31, 2025 | 98.99% |
| Dec 31, 2024 | 98.87% |
| Sep 30, 2024 | 98.33% |
| Jun 30, 2024 | 98.39% |
| Mar 31, 2024 | 98.63% |
| Dec 31, 2023 | 98.64% |
| Sep 30, 2023 | 98.54% |
| Jun 30, 2023 | 98.51% |
| Mar 31, 2023 | 98.69% |
| Dec 31, 2022 | 98.65% |
| Sep 30, 2022 | 98.44% |
| Jun 30, 2022 | 98.51% |
| Mar 31, 2022 | 98.80% |
| Dec 31, 2021 | 100.10% |
| Sep 30, 2021 | 98.12% |
| Jun 30, 2021 | 98.09% |