Equity Lifestyle Properties (ELS) Gross Margin (2009 - 2026)
Equity Lifestyle Properties' (ELS) quarterly Gross Margin came in at 94.51% in Q2 2026, up 1.0% year-over-year from 93.57% in Q2 2025, and down 0.83% quarter-over-quarter from 95.3% in Q1 2026.
Analysis
Equity Lifestyle Properties (ELS) Gross Margin (2009 - 2026) Analysis & Trends
Equity Lifestyle Properties (ELS) has reported Gross Margin for 18 consecutive years, with 94.51% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 1.0% year-over-year to 94.51% in Q2 2026; TTM through Jun 2026 was 94.87%, a 12.0% decrease from a year earlier, with the FY2025 full-year figure at 94.72%, up 28.0% from the prior year.
- Gross Margin was 94.51% for Q2 2026 at Equity Lifestyle Properties, down from 95.3% in the prior quarter.
- Over five years, Gross Margin peaked at 96.48% in Q4 2024 and troughed at 88.78% in Q2 2022.
- A 5-year average of 93.3% and a median of 94.13% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 232 bps in 2022 and jumped 331 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 92.04% in 2022, then grew by 2 bps to 93.96% in 2023, then increased by 3 bps to 96.48% in 2024, then declined by 2 bps to 94.82% in 2025, then declined by 0 bps to 94.51% in 2026.
- The last three Gross Margin figures came in at 94.51% (Q2 2026), 95.3% (Q1 2026), and 94.82% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.25 Bn | 24.25 Bn | - | - |
| 2 | Invitation Homes | 16.43 Bn | 16.43 Bn | 705.34 Mn | 94.35% |
| 3 | Mid America Apartment Communities | 14.50 Bn | 14.38 Bn | 537.17 Mn | 96.77% |
| 4 | Sun Communities | 14.20 Bn | 14.20 Bn | 460.10 Mn | 94.94% |
| 5 | Equity Lifestyle Properties | 11.71 Bn | 11.71 Bn | 375.97 Mn | 94.51% |
| 6 | American Homes 4 Rent | 11.40 Bn | 11.40 Bn | - | - |
| 7 | Udr | 11.31 Bn | 11.31 Bn | 412.43 Mn | 96.95% |
| 8 | Camden Property Trust | 10.51 Bn | 10.51 Bn | - | - |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | - |
| 10 | Independence Realty Trust | 3.55 Bn | 3.55 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 94.51% |
| Mar 31, 2026 | 95.30% |
| Dec 31, 2025 | 94.82% |
| Sep 30, 2025 | 94.84% |
| Jun 30, 2025 | 94.50% |
| Mar 31, 2025 | 94.73% |
| Dec 31, 2024 | 96.48% |
| Sep 30, 2024 | 94.31% |
| Jun 30, 2024 | 92.72% |
| Mar 31, 2024 | 94.32% |
| Dec 31, 2023 | 93.96% |
| Sep 30, 2023 | 91.39% |
| Jun 30, 2023 | 92.09% |
| Mar 31, 2023 | 93.74% |
| Dec 31, 2022 | 92.04% |
| Sep 30, 2022 | 89.44% |
| Jun 30, 2022 | 88.78% |
| Mar 31, 2022 | 91.48% |
| Dec 31, 2021 | 89.54% |
| Sep 30, 2021 | 89.97% |