Equity LifeStyle Properties, Inc. (ELS) — Financial statements
Income statement, balance sheet, and cash flow for Equity LifeStyle Properties, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,531↑6.8% | 1,433↑2.1% | 1,404↑2.1% | 1,375↑4.5% | 1,316 | |
| Cost of Revenue | 955↑31.7% | 725↓0.9% | 732↑0.2% | 730↓30.7% | 1,054 | |
| Gross Profit | 576↓18.6% | 708↑5.3% | 673↑4.3% | 645↑146.0% | 262 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 38↓2.5% | 38↓18.6% | 47↑5.4% | 45↑13.3% | 40 | |
| Selling & Marketing Expenses | 16↓67.7% | 50↑2.6% | 48↑1.7% | 48↑12.9% | 42 | |
| SG&A Expenses | 54↓39.2% | 88↓7.9% | 96↑3.5% | 92↑13.1% | 82 | |
| Other Expenses | 5↓97.6% | 204↑0.1% | 204↑0.7% | 202↑199.8% | -203 | |
| Operating Expenses | 58↓80.0% | 292↓2.5% | 299↑1.6% | 295↑343.9% | -121 | |
| Total Costs & Expenses | 1,014↓0.4% | 1,017↓1.3% | 1,031↑0.6% | 1,025↑9.9% | 933 | |
| Operating Results | ||||||
| Operating Income | 518↑24.5% | 416↑11.5% | 373↑6.7% | 350↓8.7% | 383 | |
| Depreciation & Amortization | 209↓0.2% | 209↑0.1% | 209↑1.0% | 207↑9.9% | 188 | |
| EBITDA | 608↓16.9% | 732↑10.7% | 661↑6.1% | 622↑8.7% | 572 | |
| EBIT | 399↓23.6% | 522↑15.6% | 452↑8.7% | 415↑8.2% | 384 | |
| Interest & Other Income | ||||||
| Net Interest Income | -116↑10.1% | -128↓4.2% | -123↓13.0% | -109↓7.3% | -102 | |
| Interest Income | 18↑98.6% | 9↑2.2% | 9↑21.6% | 7↑5.9% | 7 | |
| Interest Expense | 134↓2.8% | 138↑4.1% | 132↑13.5% | 117↑7.2% | 109 | |
| Non-Operating Income | 119↑212.1% | -106↓35.4% | -78↓19.4% | -66↓6228.3% | -1 | |
| Other Income / Expenses | -119↓278.3% | -31↑41.6% | -54↓5.9% | -51↑52.4% | -107 | |
| Income Before Tax | 399↑3.7% | 384↑20.5% | 319↑6.8% | 299↑8.3% | 276 | |
| Income Tax Expense | -3↓824.6% | -0.35↑96.6% | -10 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 402↑4.5% | 385↑16.7% | 330↑10.3% | 299↑8.3% | 276 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 387↑5.3% | 367↑16.8% | 314↑10.4% | 285↑8.4% | 262 | |
| Bottom-Line Net Income | 387↑0.4% | 385↑16.7% | 330↑10.3% | 299↑13.8% | 262 | |
| EPS (Basic) | 1.93↓1.5% | 1.96↑16.0% | 1.69↑10.5% | 1.53↑7.0% | 1.43 | |
| EPS (Diluted) | 1.93↓1.5% | 1.96↑16.0% | 1.69↑10.5% | 1.53↑7.0% | 1.43 | |
| Weighted Average Shares | 200↑6.7% | 187↑0.7% | 186↑0.2% | 186↑1.6% | 183 | |
| Weighted Average Diluted Shares | 200↑1.8% | 197↑0.6% | 195↑0.1% | 195↑6.7% | 183 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.