Equity LifeStyle Properties Inc.

ELS ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $1.53B $1.53B $1.49B $1.45B $1.32B $1.12B $1.04B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $37.5M $38.5M $47.3M $44.9M $39.6M $39.3M $35.7M
Operating Income $391.3M $380.7M $320.1M $295.5M $272.2M $338.8M $391.4M
Operating Margin 25.6% 24.9% 21.5% 20.4% 20.7% 30.3% 37.7%
Interest Expense $131.0M $137.7M $132.3M $116.6M $108.7M $102.8M $104.2M
Pretax Income $295.5M $272.1M $236.0M $287.2M
Income Tax Expense $-3.3M $-354.0K $-10.5M $0 $0
Net Income $402.1M $384.8M $329.7M $298.8M $276.0M $241.4M $295.9M
Net Margin 26.3% 25.2% 22.1% 20.7% 21.0% 21.6% 28.5%
EPS (Basic) $2.01 $1.96 $1.69 $1.53 $1.43 $1.26 $1.54
EPS (Diluted) $2.01 $1.96 $1.69 $1.53 $1.43 $1.25 $1.54
Shares Outstanding (Basic) 193.9M 192.1M 187.4M 186.1M 185.8M 182.9M 181.8M 180.8M
Shares Outstanding (Diluted) 193.9M 200.1M 196.6M 195.4M 195.3M 192.9M 192.6M 192.0M
Dividends Per Share $2.06 $1.91
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