Equity Lifestyle Properties (ELS) Operating Income (2009 - 2026)
Equity Lifestyle Properties (ELS) reported Operating Income of $112.4 million for Q1 2026, up 2.63% year-over-year from $109.5 million in Q1 2025, and up 13.49% on a QoQ basis from $99.0 million in Q4 2025.
Equity Lifestyle Properties (ELS) has 18 years of Operating Income data on file, last reported at $112.4 million in Q1 2026.
- Quarterly Operating Income rose 2.63% year-over-year to $112.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $394.2 million (up 5.07% YoY) and the FY2025 annual result came in at $391.3 million, up 2.8% from the prior year.
- Operating Income rose to $112.4 million in Q1 2026 per ELS's latest filing, from $99.0 million in the prior quarter.
- Across five years, Operating Income topped out at $115.0 million in Q1 2024 and bottomed at $57.9 million in Q2 2022.
- The 5-year median for Operating Income is $84.2 million (2025), against an average of $87.0 million.
- The widest annual swing landed in 2022, when Operating Income jumped 33.14%; it then slipped 4.78% in 2025.
- Tracing ELS's Operating Income over 5 years: stood at $67.9 million in 2022, then advanced by 25.83% to $85.4 million in 2023, then climbed by 18.71% to $101.4 million in 2024, then decreased by 2.32% to $99.0 million in 2025, then grew by 13.49% to $112.4 million in 2026.
- Per Business Quant, the three latest ELS Operating Income figures stand at $112.4 million (Q1 2026), $99.0 million (Q4 2025), and $98.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | - |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | - |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 40.27 Mn |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 6.80 Mn |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 331.31 Mn |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 229.81 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 112.37 Mn |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | - |
| 10 | Millrose Properties | 4.59 Bn | 4.59 Bn | - | 166.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 112.37 Mn |
| Dec 31, 2025 | 99.01 Mn |
| Sep 30, 2025 | 98.62 Mn |
| Jun 30, 2025 | 84.22 Mn |
| Mar 31, 2025 | 109.49 Mn |
| Dec 31, 2024 | 101.36 Mn |
| Sep 30, 2024 | 82.79 Mn |
| Jun 30, 2024 | 81.55 Mn |
| Mar 31, 2024 | 114.99 Mn |
| Dec 31, 2023 | 85.39 Mn |
| Sep 30, 2023 | 81.03 Mn |
| Jun 30, 2023 | 65.08 Mn |
| Mar 31, 2023 | 88.57 Mn |
| Dec 31, 2022 | 67.86 Mn |
| Sep 30, 2022 | 66.85 Mn |
| Jun 30, 2022 | 57.89 Mn |
| Mar 31, 2022 | 82.55 Mn |
| Dec 31, 2021 | 68.06 Mn |
| Sep 30, 2021 | 66.73 Mn |
| Jun 30, 2021 | 56.71 Mn |
| Mar 31, 2021 | 62.00 Mn |
| Dec 31, 2020 | 62.85 Mn |
| Sep 30, 2020 | 47.45 Mn |
| Jun 30, 2020 | 43.51 Mn |
| Mar 31, 2020 | 66.54 Mn |
| Dec 31, 2019 | 53.75 Mn |
| Sep 30, 2019 | 60.60 Mn |
| Jun 30, 2019 | 41.65 Mn |
| Mar 31, 2019 | 63.09 Mn |
| Dec 31, 2018 | 42.64 Mn |
| Sep 30, 2018 | 57.77 Mn |
| Jun 30, 2018 | 46.58 Mn |
| Mar 31, 2018 | 60.17 Mn |
| Dec 31, 2017 | 38.95 Mn |
| Sep 30, 2017 | 52.73 Mn |
| Jun 30, 2017 | 42.49 Mn |
| Mar 31, 2017 | 54.81 Mn |
| Dec 31, 2016 | 46.87 Mn |
| Sep 30, 2016 | 35.52 Mn |
| Jun 30, 2016 | 39.23 Mn |
| Mar 31, 2016 | 53.82 Mn |
| Dec 31, 2015 | 59.78 Mn |
| Sep 30, 2015 | 37.12 Mn |
| Jun 30, 2015 | 35.27 Mn |
| Mar 31, 2015 | 30.12 Mn |
| Dec 31, 2014 | 22.22 Mn |
| Sep 30, 2014 | 27.60 Mn |
| Jun 30, 2014 | 26.53 Mn |
| Mar 31, 2014 | 36.64 Mn |
| Dec 31, 2013 | 15.95 Mn |
| Sep 30, 2013 | -7.44 Mn |
| Jun 30, 2013 | 14.84 Mn |
| Mar 31, 2013 | 33.22 Mn |
| Dec 31, 2012 | 19.39 Mn |
| Sep 30, 2012 | 18.19 Mn |
| Jun 30, 2012 | 42.29 Mn |
| Mar 31, 2012 | 52.96 Mn |
| Dec 31, 2011 | 7.94 Mn |
| Sep 30, 2011 | -1.85 Mn |
| Jun 30, 2011 | 40.24 Mn |
| Mar 31, 2011 | 51.44 Mn |
| Dec 31, 2010 | 6.59 Mn |
| Sep 30, 2010 | 13.94 Mn |
| Jun 30, 2010 | 6.88 Mn |
| Mar 31, 2010 | 17.60 Mn |
| Dec 31, 2009 | 393.49 Mn |
| Sep 30, 2009 | -119.05 Mn |
| Jun 30, 2009 | 5.24 Mn |