Equity Lifestyle Properties (ELS) Research & Development (2009 - 2026)

Equity Lifestyle Properties' (ELS) quarterly Research & Development came in at $3.8 million in Q1 2026, down 2.39% year-on-year from $3.9 million in Q1 2025, and down 1.03% on a QoQ basis from $3.9 million in Q4 2025.

Equity Lifestyle Properties (ELS) Research & Development (2009 - 2026) Analysis & Trends

Equity Lifestyle Properties (ELS) has 18 years of Research & Development data on file, last reported at $3.8 million in Q1 2026.

  • On a quarterly basis, Research & Development fell 2.39% year-over-year to $3.8 million in Q1 2026; TTM through Mar 2026 was $16.0 million, a 22.81% decrease from a year earlier, with the FY2025 full-year figure at $16.1 million, down 27.17% from the prior year.
  • Research & Development for Q1 2026 stood at $3.8 million, down from $3.9 million in the prior quarter.
  • Over the last five years, Research & Development for ELS reached as high as $6.4 million in Q3 2024 and fell as low as $3.8 million in Q1 2026.
  • Historically, Research & Development has averaged $4.9 million across 5 years, with a median of $4.8 million in 2023.
  • Across the five-year window, Research & Development surged 1541.07% in 2022 and tumbled 34.88% in 2025, its largest moves.
  • Year by year, Research & Development stood at $4.6 million in 2022, then gained by 7.0% to $4.9 million in 2023, then retreated by 14.78% to $4.2 million in 2024, then slipped by 7.51% to $3.9 million in 2025, then decreased by 1.03% to $3.8 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $3.8 million in Q1 2026, $3.9 million in Q4 2025, and $4.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Avalonbay Communities 26.63 Bn 26.85 Bn - -
2 Equity Residential 25.81 Bn 26.00 Bn - -
3 Invitation Homes 17.83 Bn 17.87 Bn 694.98 Mn -
4 Mid America Apartment Communities 15.53 Bn 15.53 Bn 537.05 Mn -
5 Sun Communities 14.72 Bn 14.83 Bn 491.20 Mn -
6 Udr 12.95 Bn 12.92 Bn 416.43 Mn -
7 Equity Lifestyle Properties 12.81 Bn 12.87 Bn 378.95 Mn 3.84 Mn
8 American Homes 4 Rent 12.07 Bn 12.74 Bn - -
9 Camden Property Trust 11.83 Bn 11.90 Bn - -
10 Millrose Properties 4.70 Bn 4.70 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 3.84 Mn
Dec 31, 2025 3.88 Mn
Sep 30, 2025 4.20 Mn
Jun 30, 2025 4.06 Mn
Mar 31, 2025 3.93 Mn
Dec 31, 2024 4.19 Mn
Sep 30, 2024 6.45 Mn
Jun 30, 2024 6.13 Mn
Mar 31, 2024 5.30 Mn
Dec 31, 2023 4.92 Mn
Sep 30, 2023 5.70 Mn
Jun 30, 2023 5.52 Mn
Mar 31, 2023 4.84 Mn
Dec 31, 2022 4.60 Mn
Sep 30, 2022 5.94 Mn
Jun 30, 2022 5.45 Mn
Mar 31, 2022 4.33 Mn
Dec 31, 2021 -319,000.00
Sep 30, 2021 6.51 Mn
Jun 30, 2021 6.30 Mn