Equity Lifestyle Properties (ELS) Land & Improvements (2009 - 2026)
Equity Lifestyle Properties (ELS) posted quarterly Land & Improvements of $4.9 billion for Q2 2026, up 5.29% year-over-year from $4.7 billion in Q2 2025, and up 2.11% quarter-over-quarter from $4.8 billion in Q1 2026.
Equity Lifestyle Properties (ELS) Land & Improvements (2009 - 2026) Analysis & Trends
Equity Lifestyle Properties (ELS) has reported Land & Improvements for 18 consecutive years, with $4.9 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Land & Improvements rose 5.29% year-over-year to $4.9 billion; the TTM figure through Jun 2026 stood at $4.9 billion (up 5.29% YoY), while the FY2025 annual figure was $4.8 billion, up 4.39% from the prior year.
- Land & Improvements improved to $4.9 billion in Q2 2026 per ELS's latest filing, from $4.8 billion in the prior quarter.
- Across five years, Land & Improvements topped out at $4.9 billion in Q2 2026 and bottomed at $4.0 billion in Q1 2022.
- Historically, Land & Improvements has averaged $4.4 billion across 5 years, with a median of $4.5 billion in 2024.
- Annual changes were most pronounced in 2022 — Land & Improvements increased 9.18% — and 2026, when it rose 4.22%.
- Equity Lifestyle Properties' Land & Improvements stood at $4.1 billion in 2022, then increased by 6.44% to $4.4 billion in 2023, then rose by 4.61% to $4.6 billion in 2024, then climbed by 4.39% to $4.8 billion in 2025, then increased by 3.0% to $4.9 billion in 2026.
- Business Quant data shows ELS's Land & Improvements at $4.9 billion in Q2 2026, $4.8 billion in Q1 2026, and $4.8 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 5.01 Bn |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | 5.52 Bn |
| 3 | Invitation Homes | 17.81 Bn | 17.81 Bn | 705.34 Mn | 4.92 Bn |
| 4 | Mid America Apartment Communities | 15.25 Bn | 15.12 Bn | 537.17 Mn | 2.18 Bn |
| 5 | Sun Communities | 14.88 Bn | 14.88 Bn | 460.10 Mn | 1.79 Bn |
| 6 | Equity Lifestyle Properties | 12.64 Bn | 12.64 Bn | 375.97 Mn | 4.93 Bn |
| 7 | American Homes 4 Rent | 12.38 Bn | 12.38 Bn | - | 2.45 Bn |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | - |
| 9 | Camden Property Trust | 10.98 Bn | 10.98 Bn | - | - |
| 10 | Millrose Properties | 5.05 Bn | 5.05 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.93 Bn |
| 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 |