Equity Lifestyle Properties ELS
NYSE ELS
$60.45 -0.62 (-1.02%)
As of: Sep 10, 2026 · 1:19 PM EDT

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

Historic Data

Download Data
DateValue
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%