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 on a QoQ basis from 98.96% in Q4 2025.
Equity Lifestyle Properties (ELS) has 18 years of Gross Margin data on file, last reported at 99.04% in Q1 2026.
- Quarterly Gross Margin rose 5.0% year-over-year to 99.04% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 98.96% (up 32.0% YoY) and the FY2025 annual result came in at 98.95%, up 40.0% from the prior year.
- Gross Margin was little changed at 99.04% in Q1 2026 per ELS's latest filing, from 98.96% in the prior quarter.
- Across five years, Gross Margin topped out at 99.04% in Q1 2026 and bottomed at 98.33% in Q3 2024.
- The 5-year median for Gross Margin is 98.65% (2022), against an average of 98.7%.
- Peak annual rise in Gross Margin reached 83 bps in 2022, while the deepest fall reached 144 bps in 2022.
- Tracing ELS's Gross Margin over 5 years: stood at 98.65% in 2022, then dropped by 0 bps to 98.64% in 2023, then rose by 0 bps to 98.87% in 2024, then climbed by 0 bps to 98.96% in 2025, then advanced by 0 bps to 99.04% in 2026.
- Per Business Quant, the three latest ELS Gross Margin figures stand at 99.04% (Q1 2026), 98.96% (Q4 2025), and 98.93% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | - |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | - |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 94.67% |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 96.71% |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 96.67% |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 97.79% |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 99.04% |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | - |
| 10 | Millrose Properties | 4.59 Bn | 4.59 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% |
| Mar 31, 2021 | 97.97% |
| Dec 31, 2020 | 99.21% |
| Sep 30, 2020 | 98.23% |
| Jun 30, 2020 | 98.32% |
| Mar 31, 2020 | 98.58% |
| Dec 31, 2019 | 98.49% |
| Sep 30, 2019 | 98.50% |
| Jun 30, 2019 | 98.30% |
| Mar 31, 2019 | 98.68% |
| Dec 31, 2018 | 96.14% |
| Sep 30, 2018 | 99.57% |
| Jun 30, 2018 | 99.60% |
| Mar 31, 2018 | 98.86% |
| Dec 31, 2017 | 96.46% |
| Sep 30, 2017 | 99.40% |
| Jun 30, 2017 | 99.58% |
| Mar 31, 2017 | 96.94% |
| Dec 31, 2016 | 102.31% |
| Sep 30, 2016 | 95.25% |
| Jun 30, 2016 | 99.62% |
| Mar 31, 2016 | 98.87% |
| Dec 31, 2015 | 110.16% |
| Sep 30, 2015 | 98.52% |
| Jun 30, 2015 | 99.64% |
| Mar 31, 2015 | 99.61% |
| Dec 31, 2014 | 94.37% |
| Sep 30, 2014 | 99.74% |
| Jun 30, 2014 | 98.48% |
| Mar 31, 2014 | 97.27% |
| Dec 31, 2013 | 93.36% |
| Sep 30, 2013 | 99.70% |
| Jun 30, 2013 | 98.12% |
| Mar 31, 2013 | 98.49% |
| Dec 31, 2012 | 99.29% |
| Sep 30, 2012 | 99.81% |
| Jun 30, 2012 | 99.76% |
| Mar 31, 2012 | 99.81% |
| Dec 31, 2011 | 95.57% |
| Sep 30, 2011 | 98.20% |
| Jun 30, 2011 | 99.18% |
| Mar 31, 2011 | 98.95% |
| Dec 31, 2010 | 101.85% |
| Sep 30, 2010 | 97.73% |
| Jun 30, 2010 | 97.11% |
| Mar 31, 2010 | 97.53% |
| Dec 31, 2009 | 99.92% |
| Sep 30, 2009 | -62.57% |
| Jun 30, 2009 | 98.64% |