Equity Lifestyle Properties ELS
NYSE ELS
$60.31 -0.76 (-1.25%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Equity Lifestyle Properties' (ELS) quarterly Operating Expenses came in at $298.5 million in Q2 2026, up 1.99% year-over-year from $292.6 million in Q2 2025, and up 4.63% quarter-over-quarter from $285.3 million in Q1 2026.

Analysis

Equity Lifestyle Properties (ELS) Operating Expenses (2009 - 2026) Analysis & Trends

Equity Lifestyle Properties (ELS) has reported Operating Expenses for 18 consecutive years, with $298.5 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 1.99% year-over-year to $298.5 million in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 0.64% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, changed 0.48% from the prior year.
  • Operating Expenses was $298.5 million for Q2 2026 at Equity Lifestyle Properties, up from $285.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $308.2 million in Q3 2022 and troughed at $268.1 million in Q4 2022.
  • A 5-year average of $288.3 million and a median of $288.9 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses advanced 16.07% in 2022 and dropped 3.48% in 2024, its largest moves.
  • Over 5 years, Operating Expenses stood at $268.1 million in 2022, then rose by 2.65% to $275.3 million in 2023, then fell by 1.56% to $271.0 million in 2024, then advanced by 1.44% to $274.9 million in 2025, then climbed by 8.59% to $298.5 million in 2026.
  • The last three Operating Expenses figures came in at $298.5 million (Q2 2026), $285.3 million (Q1 2026), and $274.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vivmark Residential 24.37 Bn 24.37 Bn - 566.18 Mn
2 Invitation Homes 16.34 Bn 16.34 Bn 705.34 Mn 657.51 Mn
3 Mid America Apartment Communities 14.46 Bn 14.33 Bn 537.17 Mn 218.72 Mn
4 Sun Communities 14.11 Bn 14.11 Bn 460.10 Mn 434.40 Mn
5 Equity Lifestyle Properties 11.69 Bn 11.69 Bn 375.97 Mn 298.46 Mn
6 American Homes 4 Rent 11.38 Bn 11.38 Bn - 397.77 Mn
7 Udr 11.36 Bn 11.36 Bn 412.43 Mn 345.25 Mn
8 Camden Property Trust 10.49 Bn 10.49 Bn - 140.94 Mn
9 Avalonbay Communities 9.67 Bn 9.87 Bn - 636.04 Mn
10 Independence Realty Trust 3.59 Bn 3.59 Bn - 141.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 298.46 Mn
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