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| Date | Value |
|---|---|
| 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 |