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

For the trailing twelve months through Jun 30, 2026, Operating Expenses at Equity Lifestyle Properties was $1.15 billion, up 0.6% year-over-year; for FY2025, it came in at $1.14 billion, down 0.5% from FY2024.

• Annual Operating Expenses shows a five-year compound annual growth rate of 5.2% (FY2020 to FY2025).
• In prior years, Equity Lifestyle Properties' Operating Expenses was $1.15 billion in FY2024 (-2.0%), $1.17 billion in FY2023 (+1.5%), $1.15 billion in FY2022 (+10.3%) and $1.04 billion in FY2021 (+18.3%).
• The Q2 2026 figure stands as the highest quarterly Operating Expenses since Q3 2024.
• On a year-over-year basis, Operating Expenses has increased in each of the last three quarters, with growth averaging 0.1% over the last eight quarters.
• The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2021, with growth of 17.9%; the weakest was Q1 2024, with a decline of 3.5%.
• According to Business Quant data, Operating Expenses for the three prior quarters was $285.25 million (Q1 2026), $274.86 million (Q4 2025) and $294.69 million (Q3 2025).