Equity Lifestyle Properties (ELS) Net Margin (2009 - 2026)
Equity Lifestyle Properties (ELS) reported Net Margin of 27.14% for Q1 2026, down 105.0% year-over-year from 542.75% in Q1 2025, and up 0.99% quarter-over-quarter from 26.87% in Q4 2025.
Equity Lifestyle Properties (ELS) Net Margin (2009 - 2026) Analysis & Trends
Equity Lifestyle Properties (ELS) has 18 years of Net Margin data on file, last reported at 27.14% in Q1 2026.
- Net Margin for Q1 2026 came in at 27.14%, down 105.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.99% (up 100.0% YoY), and the FY2025 annual result was 25.24%, up 119.0% from the prior year.
- Net Margin rose to 27.14% in Q1 2026 per ELS's latest filing, from 26.87% in the prior quarter.
- Over five years, Net Margin peaked at 28.43% in Q1 2024 and troughed at 16.84% in Q2 2022.
- A 5-year average of 22.81% and a median of 22.27% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2024: Net Margin plunged 271 bps in 2022, then surged 617 bps in 2024.
- A 5-year view of Net Margin shows it stood at 21.44% in 2022, then gained by 19 bps to 25.49% in 2023, then rose by 1 bps to 25.78% in 2024, then increased by 4 bps to 26.87% in 2025, then advanced by 1 bps to 27.14% in 2026.
- Business Quant data shows ELS's Net Margin at 27.14% in Q1 2026, 26.87% in Q4 2025, and 24.7% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | 42.62% |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | - |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 21.77% |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 10.20% |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | -1.71% |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 44.29% |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | 27.14% |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | 2,070.65% |
| 10 | Millrose Properties | 4.75 Bn | 4.75 Bn | - | 63.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.14% |
| Dec 31, 2025 | 26.87% |
| Sep 30, 2025 | 24.70% |
| Jun 30, 2025 | 21.15% |
| Mar 31, 2025 | 28.19% |
| Dec 31, 2024 | 25.78% |
| Sep 30, 2024 | 21.39% |
| Jun 30, 2024 | 20.60% |
| Mar 31, 2024 | 28.43% |
| Dec 31, 2023 | 25.49% |
| Sep 30, 2023 | 19.80% |
| Jun 30, 2023 | 17.00% |
| Mar 31, 2023 | 22.27% |
| Dec 31, 2022 | 21.44% |
| Sep 30, 2022 | 17.63% |
| Jun 30, 2022 | 16.84% |
| Mar 31, 2022 | 23.02% |
| Dec 31, 2021 | 19.55% |
| Sep 30, 2021 | 20.34% |
| Jun 30, 2021 | 18.49% |