FY2025 · ended Dec 31, 2025 · Revenue $1.53B, +0.3% YoY · Filed Feb 18, 2026
Equity Lifestyle Properties, Inc. (ELS) files with the SEC under industry code 6798, Real Estate Investment Trusts. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.5 billion and net income of $402.1 million.
Revenue (TTM)
$1.58B
+3.2% vs year-ago TTM
Net income
$402.06M
+4.5% vs prior year
Operating cash flow (TTM)
$593.44M
+2.8% vs year-ago TTM
Free cash flow
$343.01M
+208.9% vs prior year
EPS (TTM)
$1.95
+2.3% vs year-ago TTM
Dividend per share
$2.06
+7.9% vs prior year
Shares outstanding
193.93M
+1.5% vs prior year
Net cash
$-3.34B
FY 2025
Operating margin
26.1%
FY 2026
Company profile
- Industry
- Real Estate Investment Trusts (SIC 6798)
- Listed as
- ELS (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- MD
- Headquarters
- Chicago, IL
- SEC filer status
- Large accelerated filer
- SEC CIK
- 895417
- Former names
- MANUFACTURED HOME COMMUNITIES INC (until Nov 16, 2004)
Other Real Estate Investment Trusts companies
- Welltower Inc. WELL
- Prologis, Inc. PLD
- Equinix Inc EQIX
- American Tower Corp /MA/ AMT
- Simon Property Group Inc. SPG
- Digital Realty Trust, Inc. DLR
- Public Storage PSA
- Realty Income Corp O
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | $1.4B | $1.3B |
| Operating income | $391.3M | $380.7M | $320.1M | — | — |
| Net income | $402.1M | $384.8M | $329.7M | $298.8M | $276.0M |
| Diluted EPS | $2.01 | $1.96 | $1.69 | $1.53 | $1.43 |
| Operating cash flow | $571.1M | $596.7M | $548.0M | $475.8M | $509.0M |
| Free cash flow | — | — | — | $343.0M | $111.0M |
| Total assets | $5.7B | $5.6B | $5.6B | $5.5B | $5.3B |
| Total liabilities | $3.9B | $3.8B | $4.1B | $4.0B | $3.8B |
| Stockholders' equity | $1.8B | $1.7B | $1.4B | $1.4B | $1.4B |
| Cash and investments | $26.1M | $24.6M | $29.9M | $22.3M | $123.4M |
| Total debt | $3.4B | $3.2B | $3.5B | $3.4B | $3.3B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Officer or director change, Regulation FD disclosure, Other events
|
Oct 30, 2026 | Oct 27, 2026 |
| 10-Q | Quarterly report | Oct 27, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 21, 2026 | Oct 20, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 10, 2026 | Sep 10, 2026 |
| 10-Q | Quarterly report | Jul 28, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Other events
|
Jul 28, 2026 | Jul 28, 2026 |
All 1002 Equity Lifestyle Properties, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.