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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›ELS›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

EQUITY LIFESTYLE PROPERTIES INC (ELS) financials

Income statement

EQUITY LIFESTYLE PROPERTIES INC (ELS) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$870M$925M$987M$1.04B$1.12B$1.32B$1.45B$1.49B$1.53B$1.53B
Revenue growth—6.3%6.6%5.1%7.9%17.7%9.9%2.9%2.5%0.3%
Operating income$315M$337M$356M——$272M$295M$320M$381M$391M
Operating margin36.2%36.4%36.0%——20.7%20.4%21.5%24.9%25.6%
Net income$187M$210M$226M$296M$241M$276M$299M$330M$385M$402M
Net margin21.5%22.7%22.9%28.5%21.6%21.0%20.7%22.1%25.2%26.3%
EPS (diluted)$1.92$1.08$1.19$1.54$1.25$1.43$1.53$1.69$1.96$2.01

Cash flow

EQUITY LIFESTYLE PROPERTIES INC (ELS) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$352M$378M$414M$444M$467M$509M$476M$548M$597M$571M
Capital expenditures—$142M$252M$58.3M$209M$398M$133M———
Free cash flow—$236M$162M$385M$257M$111M$343M———
Share buybacks$229K$0.00$0.00———————
Dividends paid$140M$164M$190M$216M$243M$262M$296M$326M$351M$388M

Balance sheet

EQUITY LIFESTYLE PROPERTIES INC (ELS) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$61.8M$35.6M$69.0M$28.9M$24.1M$123M$22.3M$29.9M$24.6M$26.1M
Total assets$3.48B$3.61B$3.93B$4.15B$4.42B$5.31B$5.49B$5.61B$5.65B$5.75B
Total liabilities$2.40B$2.51B$2.73B$2.83B$3.11B$3.82B$3.98B$4.12B$3.82B$3.93B
Long-term debt$2.09B$2.20B$2.36B$2.25B$2.44B$3.27B$3.39B$3.52B$3.20B$3.35B
Shareholders' equity$1.01B$1.03B$1.12B$1.25B$1.23B$1.42B$1.45B$1.43B$1.74B$1.76B
Shares (wtd avg diluted)92.6M187M190M192M193M193M195M195M197M200M

Every figure is extracted from EQUITY LIFESTYLE PROPERTIES INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is EQUITY LIFESTYLE PROPERTIES INC's annual revenue?
EQUITY LIFESTYLE PROPERTIES INC (ELS) reported $1.53B of revenue for fiscal year 2025 — up 0.3% from $1.53B in FY2024, per its annual report filed with the SEC.
Is EQUITY LIFESTYLE PROPERTIES INC profitable?
Yes — ELS earned $402M of net income in FY2025, a 26.3% net margin, per SEC filings.
Does ELS pay a dividend?
Yes — EQUITY LIFESTYLE PROPERTIES INC paid $388M in cash dividends during FY2025, per its SEC cash-flow statement.
Full ELS analysis — verdict, score & filings →Is ELS a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.