Equity Lifestyle Properties (ELS) Gross Margin (2009 - 2026)
Equity Lifestyle Properties (ELS) recorded Gross Margin of 90.26% in Q2 2026, up 0.13 percentage points from 90.13% a year earlier but down 1.62 percentage points from the prior quarter.
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Analysis
Equity Lifestyle Properties (ELS) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Equity Lifestyle Properties' Gross Margin came in at 90.99% as of Jun 30, 2026, up 0.53 percentage points year-over-year; for FY2025, it came in at 90.78%, up 1.46 percentage points from FY2024.
- Annual Gross Margin has increased for three straight years, with a five-year change of +1.30 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 89.33% in FY2024 (+1.67 pp), 87.66% in FY2023 (+2.38 pp), 85.27% in FY2022 (-0.55 pp) and 85.82% in FY2021 (-3.66 pp).
- Quarterly Gross Margin has ranged from 83.56% in Q2 2022 to 91.88% in Q1 2026 over the past five years.
- On a year-over-year basis, Gross Margin rose in seven of the last eight quarters, with an average year-over-year change of +1.47 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 3.30 percentage points in Q2 2023, against a drop of 5.32 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 91.88% (Q1 2026), 91.43% (Q4 2025) and 90.40% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 39.34% |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | - |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | - |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | - |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 73.49% |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 99.30% |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Equity Lifestyle Properties | 11.32 Bn | 11.38 Bn | 359.07 Mn | 90.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 90.26% |
| Mar 31, 2026 | 91.88% |
| Dec 31, 2025 | 91.43% |
| Sep 30, 2025 | 90.40% |
| Jun 30, 2025 | 90.13% |
| Mar 31, 2025 | 91.19% |
| Dec 31, 2024 | 91.43% |
| Sep 30, 2024 | 89.10% |
| Jun 30, 2024 | 87.61% |
| Mar 31, 2024 | 89.22% |
| Dec 31, 2023 | 89.12% |
| Sep 30, 2023 | 86.28% |
| Jun 30, 2023 | 86.86% |
| Mar 31, 2023 | 88.48% |
| Dec 31, 2022 | 86.72% |
| Sep 30, 2022 | 84.45% |
| Jun 30, 2022 | 83.56% |
| Mar 31, 2022 | 86.52% |
| Dec 31, 2021 | 84.46% |
| Sep 30, 2021 | 85.07% |
API Access
Equity Lifestyle Properties Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ELS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ELS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ELS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();