Equity Lifestyle Properties (ELS) Operating Income (2009 - 2026)
Equity Lifestyle Properties (ELS) recorded Operating Income of $99.36 million in Q2 2026, up 18.0% from $84.22 million a year earlier but down 11.6% from the prior quarter.
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Analysis
Equity Lifestyle Properties (ELS) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Equity Lifestyle Properties' Operating Income came in at $409.36 million as of Jun 30, 2026, up 8.3% year-over-year; for FY2025, it was $391.35 million, up 2.8% from FY2024.
- Annual Operating Income has increased for five straight years, with a five-year compound annual growth rate of 27.0% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $380.68 million in FY2024 (+18.9%), $320.06 million in FY2023 (+8.3%), $295.46 million in FY2022 (+8.6%) and $272.18 million in FY2021 (+129.9%).
- Quarterly Operating Income has ranged from $3.27 million in Q2 2022 to $114.99 million in Q1 2024 over the past five years.
- On a year-over-year basis, Operating Income rose in six of the last eight quarters, with growth averaging 7.1%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 497.4% in Q3 2023, against a decline of 77.7% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $112.37 million (Q1 2026), $99.01 million (Q4 2025) and $98.62 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | -1.83 Bn |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | 1.25 Bn |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 890.67 Mn |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | - |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 466.68 Mn |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | - |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 392.18 Mn |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 735.50 Mn |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Equity Lifestyle Properties | 11.39 Bn | 11.45 Bn | 359.07 Mn | 99.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.36 Mn |
| 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 | 27.23 Mn |
| Sep 30, 2022 | 13.56 Mn |
| Jun 30, 2022 | 3.27 Mn |
| Mar 31, 2022 | 38.32 Mn |
| Dec 31, 2021 | 15.64 Mn |
| Sep 30, 2021 | 21.40 Mn |
API Access
Equity Lifestyle Properties Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=ELS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "ELS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=ELS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();