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Equity Lifestyle Properties ELS Contract Liabilities

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$206.2M-6.3%
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$466.55M-13.8%
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Other financials

Income statement

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Revenue$397.6M+2.7%
Operating income$112.4M+2.6%
Net income$111.5M-2.5%
EPS (diluted)$0.56-1.8%

Balance sheet

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Cash & equivalents$39.2M-17.4%
Total debt$24.0M-11.6%
Total equity$1.8B+0.7%
Total assets$5.7B+1.9%

Cash flow

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Operating cash flow$194.2M+0.4%
CapEx$45.3M+0.2%
Free cash flow$148.9M+0.5%

Valuation

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Market cap$12.06B-5.1%
P/E30.2×-2.9×
P/S7.8×-0.5×

Profitability

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Operating margin25.6%+1.0pp
Net margin25.9%+0.7pp
FCF margin21.7%-1.8pp

Returns & leverage

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Return on equity22.7%-1.3pp
Debt / equity0.0×

Where this comes from

Reported directly by Equity Lifestyle Properties in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: Equity Lifestyle Properties’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Equity Lifestyle Properties's contract liabilities?
Equity Lifestyle Properties (ELS) reported contract liabilities of $220.32M in Q1 2026.
How has Equity Lifestyle Properties's contract liabilities changed year-over-year?
Equity Lifestyle Properties's contract liabilities decreased by 4.4% year-over-year, from $230.46M to $220.32M.
What is the long-term trend for Equity Lifestyle Properties's contract liabilities?
Over 5 years (2020 to 2025), Equity Lifestyle Properties's contract liabilities has grown at a 8.0% compound annual growth rate (CAGR), from $150.69M to $221.5M.
What does contract liabilities mean?
Money received from customers for services not yet provided.
How do you interpret contract liabilities?
An increase indicates strong future revenue visibility and customer demand, while a decrease may signal lower advance bookings.
How does contract liabilities compare across companies?
Common in subscription-based or prepaid service models; indicates future revenue potential.