Equity Lifestyle Properties, Inc. (ELS)

NYSE: ELS · Real Estate Investment Trusts · Chicago, IL · filing with the SEC since 1994

Grade5.2

◀ Past 4.3● Present 5.9▶ Future 4.8

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 18, 2026	Feb 25, 2025	Feb 22, 2024	Feb 21, 2023	Feb 22, 2022	Feb 23, 2021	Feb 24, 2020	Feb 26, 2019	Feb 28, 2018	Feb 22, 2017
Revenue	1,531,382	1,526,166	1,489,423	1,447,080	1,316,403^r	1,118,803^r	1,037,256	986,653	925,312	870,435
For lenders
Interest and dividend income	9,572	9,238	9,037	7,430	7,016	7,154	7,207	7,525	7,580	6,845
Interest and investment income	8,772	8,274	8,703	8,553	4,555	4,026	9,528	10,842	5,795	·
Sales and marketing	16,069	22,063	20,974	20,317^r	18,668^r	15,672^r	15,583	12,542	11,438	11,056
General and administrative	37,510	38,483	47,280	44,857	39,576^r	39,276	35,679	37,684	31,737	31,004
Total costs and expenses	1,140,033	1,145,484	1,169,366	1,151,618	1,044,225^r	882,786^r	802,596	765,206	718,700	685,908
Operating income	391,349	380,682	320,057	295,462	272,178	·	·	355,583	336,717	315,174
Interest expense	131,005	137,710	132,342	116,562	108,718	102,771	104,223	104,993	100,570	102,030
Share of profit of equity-method investments	6,520	6,248	2,713	3,363	3,881	5,399	8,755	4,939	3,765	2,605
Income before income taxes	·	·	·	295,462	272,119	236,017	287,167	221,447	206,612	184,527
Income tax expense	-3,273	-354	-10,488	0	0	·	·	·	·	·
Income from continuing operations	·	·	·	·	·	·	·	226,386	210,377	187,132
Net income including non-controlling interests	402,061	384,818	329,677	298,825	276,000	241,416	295,922	226,386	210,377	187,132
Net income	402,061	384,818	329,677	298,825	276,000	241,416	295,922	226,386	210,377	187,132
Net income to common shareholders	386,492	366,998	314,191	284,611	262,462	228,268	279,123	212,596	189,904	164,037
Earnings per share, basic	2.01	1.96	1.69	1.53	1.43	1.26	1.54	1.19^r	1.09^r	0.965^b
Earnings per share, diluted	2.01	1.96	1.69	1.53	1.43	1.25	1.54	1.19^r	1.08^r	0.96^b
Weighted average shares, basic	192,137	187,439	186,061	185,780	182,917	181,828	180,805	177,928^r	173,994^r	169,556^b
Weighted average shares, diluted	200,114	196,636	195,429	195,255	192,883	192,555	191,995	190,110^r	186,850^r	185,138^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 2-for-1 split of Oct 2019.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Interest and dividend income what its loans and securities earnedus-gaap:InterestIncomeOperating

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpenseDebt

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton ELS · research, not advice