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% on a QoQ basis from 26.87% in Q4 2025.
Equity Lifestyle Properties (ELS) has 18 years of Net Margin data on file, last reported at 27.14% in Q1 2026.
- Quarterly Net Margin fell 105.0% year-over-year to 27.14% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.99% (up 100.0% YoY) and the FY2025 annual result came in at 25.24%, up 119.0% from the prior year.
- Net Margin grew to 27.14% in Q1 2026 per ELS's latest filing, from 26.87% in the prior quarter.
- Across five years, Net Margin topped out at 28.43% in Q1 2024 and bottomed at 16.84% in Q2 2022.
- The 5-year median for Net Margin is 22.27% (2023), against an average of 22.81%.
- The widest annual swing landed in 2022, when Net Margin slumped 271 bps; it then soared 617 bps in 2024.
- Tracing ELS's Net Margin over 5 years: stood at 21.44% in 2022, then increased by 19 bps to 25.49% in 2023, then grew by 1 bps to 25.78% in 2024, then climbed by 4 bps to 26.87% in 2025, then rose by 1 bps to 27.14% in 2026.
- Per Business Quant, the three latest ELS Net Margin figures stand at 27.14% (Q1 2026), 26.87% (Q4 2025), and 24.7% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | 42.62% |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | - |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 21.77% |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | -1.71% |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 10.20% |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 44.29% |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 27.14% |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | 2,070.65% |
| 10 | Millrose Properties | 4.59 Bn | 4.59 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% |
| Mar 31, 2021 | 21.49% |
| Dec 31, 2020 | 21.60% |
| Sep 30, 2020 | 17.74% |
| Jun 30, 2020 | 18.18% |
| Mar 31, 2020 | 23.84% |
| Dec 31, 2019 | 21.25% |
| Sep 30, 2019 | 23.77% |
| Jun 30, 2019 | 18.68% |
| Mar 31, 2019 | 43.73% |
| Dec 31, 2018 | 20.61% |
| Sep 30, 2018 | 21.84% |
| Jun 30, 2018 | 19.18% |
| Mar 31, 2018 | 24.48% |
| Dec 31, 2017 | 19.56% |
| Sep 30, 2017 | 20.08% |
| Jun 30, 2017 | 17.85% |
| Mar 31, 2017 | 24.48% |
| Dec 31, 2016 | 17.27% |
| Sep 30, 2016 | 18.13% |
| Jun 30, 2016 | 16.89% |
| Mar 31, 2016 | 22.98% |
| Dec 31, 2015 | 17.11% |
| Sep 30, 2015 | 17.45% |
| Jun 30, 2015 | 15.78% |
| Mar 31, 2015 | 13.04% |
| Dec 31, 2014 | 15.45% |
| Sep 30, 2014 | 12.82% |
| Jun 30, 2014 | 13.48% |
| Mar 31, 2014 | 19.36% |
| Dec 31, 2013 | 13.42% |
| Sep 30, 2013 | 15.88% |
| Jun 30, 2013 | 10.10% |
| Mar 31, 2013 | 19.04% |
| Dec 31, 2012 | 14.68% |
| Sep 30, 2012 | 9.14% |
| Jun 30, 2012 | 1.23% |
| Mar 31, 2012 | 7.11% |
| Dec 31, 2011 | -0.10% |
| Sep 30, 2011 | -1.74% |
| Jun 30, 2011 | 5.35% |
| Mar 31, 2011 | 14.03% |
| Dec 31, 2010 | 5.41% |
| Sep 30, 2010 | 9.89% |
| Jun 30, 2010 | -0.04% |
| Mar 31, 2010 | -0.13% |
| Dec 31, 2009 | 0.94% |
| Sep 30, 2009 | 2,773.68% |
| Jun 30, 2009 | 0.07% |