Equity Lifestyle Properties (ELS) Land & Improvements (2009 - 2026)

Equity Lifestyle Properties' (ELS) quarterly Land & Improvements came in at $4.8 billion in Q1 2026, up 4.22% year-on-year from $4.6 billion in Q1 2025, and up 0.87% on a QoQ basis from $4.8 billion in Q4 2025.

Equity Lifestyle Properties (ELS) Land & Improvements (2009 - 2026) Analysis & Trends

Equity Lifestyle Properties (ELS) has 18 years of Land & Improvements data on file, last reported at $4.8 billion in Q1 2026.

  • On a quarterly basis, Land & Improvements rose 4.22% year-over-year to $4.8 billion in Q1 2026; TTM through Mar 2026 was $4.8 billion, a 4.22% increase from a year earlier, with the FY2025 full-year figure at $4.8 billion, up 4.39% from the prior year.
  • Land & Improvements for Q1 2026 stood at $4.8 billion, up from $4.8 billion in the prior quarter.
  • Over the last five years, Land & Improvements for ELS reached as high as $4.8 billion in Q1 2026 and fell as low as $4.0 billion in Q1 2022.
  • Historically, Land & Improvements has averaged $4.4 billion across 5 years, with a median of $4.4 billion in 2024.
  • Across the five-year window, Land & Improvements climbed 9.18% in 2022 and grew 4.22% in 2026, its largest moves.
  • Year by year, Land & Improvements stood at $4.1 billion in 2022, then gained by 6.44% to $4.4 billion in 2023, then advanced by 4.61% to $4.6 billion in 2024, then increased by 4.39% to $4.8 billion in 2025, then grew by 0.87% to $4.8 billion in 2026.
  • Per Business Quant data, the three most recent Land & Improvements figures were $4.8 billion in Q1 2026, $4.8 billion in Q4 2025, and $4.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Land & Improvements (Qtr)
1 Avalonbay Communities 26.63 Bn 26.85 Bn - 4.99 Bn
2 Equity Residential 25.81 Bn 26.00 Bn - 5.56 Bn
3 Invitation Homes 17.83 Bn 17.87 Bn 694.98 Mn 4.96 Bn
4 Mid America Apartment Communities 15.53 Bn 15.53 Bn 537.05 Mn 2.13 Bn
5 Sun Communities 14.72 Bn 14.83 Bn 491.20 Mn 3.49 Bn
6 Udr 12.95 Bn 12.92 Bn 416.43 Mn -
7 Equity Lifestyle Properties 12.81 Bn 12.87 Bn 378.95 Mn 4.83 Bn
8 American Homes 4 Rent 12.07 Bn 12.74 Bn - 2.42 Bn
9 Camden Property Trust 11.83 Bn 11.90 Bn - 1.78 Bn
10 Millrose Properties 4.70 Bn 4.70 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 4.83 Bn
Dec 31, 2025 4.78 Bn
Sep 30, 2025 4.74 Bn
Jun 30, 2025 4.68 Bn
Mar 31, 2025 4.63 Bn
Dec 31, 2024 4.58 Bn
Sep 30, 2024 4.54 Bn
Jun 30, 2024 4.49 Bn
Mar 31, 2024 4.44 Bn
Dec 31, 2023 4.38 Bn
Sep 30, 2023 4.31 Bn
Jun 30, 2023 4.24 Bn
Mar 31, 2023 4.17 Bn
Dec 31, 2022 4.12 Bn
Sep 30, 2022 4.05 Bn
Jun 30, 2022 4.03 Bn
Mar 31, 2022 3.96 Bn
Dec 31, 2021 3.88 Bn
Sep 30, 2021 3.78 Bn
Jun 30, 2021 3.70 Bn