Equity Lifestyle Properties profit margin ELS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 26.6%
- Net margin on a year earlier
- +1.3 pts
- Peer median
- 30.4%
Over the twelve months to Jun 30, 2026, Equity Lifestyle Properties kept 26.6% of its revenue as net profit and a gross margin of 91.0%.
Five years earlier its net margin was 21.4%.
The median for 10 specialty REITs of a similar size is 30.4%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Gross margin |
|---|---|---|
| FY2025 | 26.3% | 90.8% |
| FY2024 | 25.2% | 89.3% |
| FY2023 | 22.1% | 87.7% |
| FY2022 | 20.7% | 85.3% |
| FY2021 | 21.0% | 85.8% |
| FY2020 | 22.1% | 90.5% |
| FY2019 | 28.5% | 91.2% |
| FY2018 | 22.9% | 90.8% |
| FY2017 | 22.7% | n/a |
| FY2016 | 21.5% | n/a |
| FY2015 | 18.3% | n/a |
| FY2014 | 17.8% | n/a |
| FY2013 | 17.3% | n/a |
| FY2012 | 8.8% | n/a |
| FY2011 | 6.5% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 26.6% | +1.3 pts | |
| Q1 FY26 | 25.9% | +0.7 pts | |
| Q4 FY25 | 26.3% | +1.0 pts | |
| Q3 FY25 | 26.1% | +0.9 pts | |
| Q2 FY25 | 25.3% | +0.6 pts | |
| Q1 FY25 | 25.1% | +1.3 pts | |
| Q4 FY24 | 25.2% | +3.1 pts | |
| Q3 FY24 | 25.1% | +4.0 pts | |
| Q2 FY24 | 24.7% | +4.2 pts | |
| Q1 FY24 | 23.8% | +3.3 pts | |
| Q4 FY23 | 22.1% | +1.5 pts | |
| Q3 FY23 | 21.1% | +0.9 pts |
Against its peers
Companies in REIT - Specialty nearest Equity Lifestyle Properties' size, closest first, today.
| Company | Profit margin |
|---|---|
| ELSEquity Lifestyle Properties | 26.6% |
| AHRAmerican Healthcare REIT | 5.2% |
| UDRUDR | 30.4% |
| GLPIGaming & Leisure Properties | 58.5% |
| AMHAmerican Homes 4 Rent | 25.5% |
| EGPEastgroup Properties | 40.5% |
| DOCHealthpeak Properties | 8.2% |
| AGNCAGNC Investment | n/m |
| REGRegency Centers | 34.4% |
| CPTCamden Property Trust | n/m |
| NLYAnnaly Capital Management | n/m |
| Peer median | 30.4% |
Where Equity Lifestyle Properties ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Equity Lifestyle Properties
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.