tradmap

ELS Financials Equity Lifestyle Properties Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 6.5% per year over the past 5 years.
  • Net income has grown faster than revenue (10.7% vs 6.5% per year).
  • Free cash flow has grown 7.8% per year over the past 5 years.

Financial health

  • Total debt ($3.3B) exceeds cash ($26M); net debt is $3.3B.
  • Total debt has grown in line with revenue (6.5% vs 6.5% per year).
  • Total debt is 5.6× EBITDA.

Shareholder returns

  • Dividends have been paid for 15 consecutive years, consuming 96.5% of earnings.
  • The dividend has grown 9.8% per year over the past 5 years.
Revenue & net income
$0 $766M $2B 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 18% 36% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $193M $385M 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $2B $4B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$828M -$116M $597M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $1.5B $402M 0.0% 25.6% $3.3B $26M
2024 $1.5B $385M 0.0% 24.9% $3.2B $25M
2023 $1.5B $330M 0.0% 21.5% $3.5B $30M
2022 $1.4B $299M 0.0% 20.4% $343M $3.4B $22M
2021 $1.3B $276M 0.0% 20.7% $111M $3.3B $123M
2020 $1.1B $241M 0.0% 0.0% $208M $2.4B $24M
2019 $1.0B $296M 0.0% 0.0% $385M $2.2B $29M
2018 $987M $226M 0.0% 36.0% $162M $2.4B $69M
2017 $925M $210M 0.0% 36.4% $236M $2.2B $36M
2016 $870M $187M 0.0% 36.2% $2.1B $62M
2015 $822M $151M 0.0% 35.9% $2.1B $86M
2014 $777M $138M 0.0% 35.0% $2.2B
2013 $729M $126M 0.0% 34.9% $2.2B
2012 $684M $60M 0.0% 30.2% $2.3B
2011 $577M $26M 0.0% 30.6% $2.3B

Valuation over time

How the market has priced ELS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 23.1 46.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 4.8 9.5 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 1.6 3.3 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is ELS growing its revenue and profit?

Over the past 5 years, Equity Lifestyle Properties Inc's revenue has grown 6.5% per year, and net income grown 10.7% per year. These are computed facts, not advice.

How much debt does ELS have?

As of FY2025, Equity Lifestyle Properties Inc reported $3.3B of total debt against $26M of cash.

What is ELS's profit margin?

In FY2025, gross margin was —, operating margin 25.6%, and net margin 26.3%.

What is ELS's P/E ratio?

As of Jun '26, Equity Lifestyle Properties Inc traded at a price-to-earnings ratio of about 30.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.