KPIs & Operating Metrics(New)

Equity Lifestyle Properties (ELS) Operating Expenses (2009 - 2026)

Equity Lifestyle Properties (ELS) reported Operating Expenses of $285.3 million for Q1 2026, up 2.67% year-over-year from $277.8 million in Q1 2025, and up 3.78% on a QoQ basis from $274.9 million in Q4 2025.

Equity Lifestyle Properties (ELS) has 18 years of Operating Expenses data on file, last reported at $285.3 million in Q1 2026.

  • Quarterly Operating Expenses rose 2.67% year-over-year to $285.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (changed 0.37% YoY) and the FY2025 annual result came in at $1.1 billion, changed 0.48% from the prior year.
  • Operating Expenses advanced to $285.3 million in Q1 2026 per ELS's latest filing, from $274.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $308.2 million in Q3 2022 and bottomed at $268.1 million in Q4 2022.
  • The 5-year median for Operating Expenses is $285.3 million (2026), against an average of $287.7 million.
  • The widest annual swing landed in 2022, when Operating Expenses gained 16.07%; it then slipped 3.48% in 2024.
  • Tracing ELS's Operating Expenses over 5 years: stood at $268.1 million in 2022, then increased by 2.65% to $275.3 million in 2023, then declined by 1.56% to $271.0 million in 2024, then gained by 1.44% to $274.9 million in 2025, then gained by 3.78% to $285.3 million in 2026.
  • Per Business Quant, the three latest ELS Operating Expenses figures stand at $285.3 million (Q1 2026), $274.9 million (Q4 2025), and $294.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 623.23 Mn
2 Equity Residential 25.13 Bn 25.27 Bn - -1.66 Bn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 654.71 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 484.40 Mn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 205.74 Mn
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - 384.36 Mn
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 353.46 Mn
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 285.25 Mn
9 Camden Property Trust 11.27 Bn 11.34 Bn - 140.07 Mn
10 Millrose Properties 4.59 Bn 4.59 Bn - 28.85 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 285.25 Mn
Dec 31, 2025 274.86 Mn
Sep 30, 2025 294.69 Mn
Jun 30, 2025 292.64 Mn
Mar 31, 2025 277.84 Mn
Dec 31, 2024 270.96 Mn
Sep 30, 2024 304.47 Mn
Jun 30, 2024 298.47 Mn
Mar 31, 2024 271.58 Mn
Dec 31, 2023 275.26 Mn
Sep 30, 2023 307.78 Mn
Jun 30, 2023 304.94 Mn
Mar 31, 2023 281.39 Mn
Dec 31, 2022 268.15 Mn
Sep 30, 2022 308.18 Mn
Jun 30, 2022 301.97 Mn
Mar 31, 2022 273.31 Mn
Dec 31, 2021 267.59 Mn
Sep 30, 2021 273.99 Mn
Jun 30, 2021 267.09 Mn
Mar 31, 2021 235.47 Mn
Dec 31, 2020 234.04 Mn
Sep 30, 2020 232.49 Mn
Jun 30, 2020 206.30 Mn
Mar 31, 2020 209.96 Mn
Dec 31, 2019 200.99 Mn
Sep 30, 2019 206.50 Mn
Jun 30, 2019 202.51 Mn
Mar 31, 2019 192.60 Mn
Dec 31, 2018 191.41 Mn
Sep 30, 2018 197.80 Mn
Jun 30, 2018 192.95 Mn
Mar 31, 2018 183.04 Mn
Dec 31, 2017 182.90 Mn
Sep 30, 2017 187.45 Mn
Jun 30, 2017 177.89 Mn
Mar 31, 2017 170.46 Mn
Dec 31, 2016 172.12 Mn
Sep 30, 2016 179.90 Mn
Jun 30, 2016 170.04 Mn
Mar 31, 2016 163.84 Mn
Dec 31, 2015 162.33 Mn
Sep 30, 2015 169.92 Mn
Jun 30, 2015 165.49 Mn
Mar 31, 2015 177.49 Mn
Dec 31, 2014 157.34 Mn
Sep 30, 2014 172.67 Mn
Jun 30, 2014 159.63 Mn
Mar 31, 2014 154.74 Mn
Dec 31, 2013 152.15 Mn
Sep 30, 2013 195.04 Mn
Jun 30, 2013 158.74 Mn
Mar 31, 2013 147.91 Mn
Dec 31, 2012 144.75 Mn
Sep 30, 2012 156.55 Mn
Jun 30, 2012 162.93 Mn
Mar 31, 2012 164.40 Mn
Dec 31, 2011 147.18 Mn
Sep 30, 2011 162.95 Mn
Jun 30, 2011 116.58 Mn
Mar 31, 2011 110.30 Mn
Dec 31, 2010 116.83 Mn
Sep 30, 2010 117.20 Mn
Jun 30, 2010 113.38 Mn
Mar 31, 2010 111.29 Mn
Dec 31, 2009 108.78 Mn
Sep 30, 2009 118.95 Mn
Jun 30, 2009 114.65 Mn