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% quarter-over-quarter from $99.0 million in Q4 2025.

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

Equity Lifestyle Properties (ELS) has 18 years of Operating Income data on file, last reported at $112.4 million in Q1 2026.

  • Operating Income for Q1 2026 came in at $112.4 million, up 2.63% year-over-year; the trailing twelve-month figure through Mar 2026 was $394.2 million (up 5.07% YoY), and the FY2025 annual result was $391.3 million, up 2.8% from the prior year.
  • Operating Income improved to $112.4 million in Q1 2026 per ELS's latest filing, from $99.0 million in the prior quarter.
  • Over five years, Operating Income peaked at $115.0 million in Q1 2024 and troughed at $57.9 million in Q2 2022.
  • A 5-year average of $87.0 million and a median of $84.2 million in 2025 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2022 and 2025: Operating Income soared 33.14% in 2022, then declined 4.78% in 2025.
  • A 5-year view of Operating Income shows it stood at $67.9 million in 2022, then grew by 25.83% to $85.4 million in 2023, then increased by 18.71% to $101.4 million in 2024, then dropped by 2.32% to $99.0 million in 2025, then rose by 13.49% to $112.4 million in 2026.
  • Business Quant data shows ELS's Operating Income at $112.4 million in Q1 2026, $99.0 million in Q4 2025, and $98.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Avalonbay Communities 24.79 Bn 25.01 Bn - -
2 Equity Residential 24.35 Bn 24.48 Bn - -
3 Invitation Homes 17.23 Bn 17.27 Bn 694.98 Mn 40.27 Mn
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn 331.31 Mn
5 Sun Communities 14.54 Bn 14.65 Bn 491.20 Mn 6.80 Mn
6 American Homes 4 Rent 13.37 Bn 13.94 Bn - -
7 Udr 12.30 Bn 12.30 Bn 416.43 Mn 229.81 Mn
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn 112.37 Mn
9 Camden Property Trust 11.45 Bn 11.53 Bn - -
10 Millrose Properties 4.75 Bn 4.75 Bn - 166.08 Mn

Historic Data

Download Data
DateValue
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