Equity Lifestyle Properties, In (ELS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Equity Lifestyle Properties, In

NYSE•Real Estate•REIT - Residential

$60.30-0.77(-0.01%)Pre-market

Market Cap

$11.70B

P/E

28.2x

P/S

7.5x

P/B

6.7x

Equity LifeStyle Properties, Inc. is a self-administered, self-managed real estate investment trust. As of June 30, 2026, they own or have an interest in 453 properties in 35 states and British Columbia consisting of 173,419 sites. Equity LifeStyle Properties, Inc. is headquartered in Chicago. Equity LifeStyle Properties, Inc. was incorporated in 1992 in Maryland and based in Chicago, Illinois.

How this company scores

GoodMetricSide Score: 63/100

Strongest: Profitability (22/25); weakest: Balance Sheet & Red Flags (10/25).

Profitability22/25

Growth15/25

Balance Sheet & Red Flags10/25

Cash & Earnings Quality16/25

Strengths

Strong marginsHigh ROEConsistent free cash flowProfit converts from growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 28.2x5y range 28.2x – 56.0x

Currently near its 20-quarter median.

P/S · 7.5x5y range 6.7x – 12.1x

Currently near its 20-quarter median.

P/B · 6.7x5y range 6.6x – 11.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Share Dilution

Watch

Shares outstanding rose 4.0% — mild dilution. Compare to earnings growth to assess the net per-share impact.

Price & Volume

Market Cap $11.70B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.56B
Q. Revenue: $397.81M
TTM EBITDA: $621.44M
TTM Op. Income: $409.36M
Q. Op. Income: $99.36M
TTM Net Income: $415.18M
Q. Net Income: $99.52M
EPS: $0.5
Shares Out.: $193.73M

$1.56B in TTM revenue grew 2.5% YoY, reaching $397.81M last quarter. TTM EBITDA of $621.44M and TTM operating income of $409.36M show growth is flowing through to the bottom line. TTM net income of $415.18M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 38.5%
Op. Margin: 25.0%
Net Margin: 25.0%

Op. margin of 25.0% is up 2.6% YoY — cost efficiency is improving. Net margin at 25.0% Over the past year, operating margin is up 12% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 28.2x
P/S Ratio: 7.5x
P/B Ratio: 6.7x

At 28.2x P/E, the stock trades within typical market levels. P/S of 7.5x and P/B of 6.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 8% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $5.80B
Cash: $35.63M
Long-Term Debt: N/A
Book Value: $1.76B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $147.94M
TTM Free Cash Flow: $346.75M
FCF Margin: 22.2%
FCF / Net Income: 0.8

TTM FCF of $346.75M on $147.94M in operating cash flow. The FCF / Net Income ratio of 0.8x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.