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Equity Lifestyle Properties ELS Contract Liabilities

Contract Liabilities at other companies

Sun Communities logo
Sun CommunitiesSUI
$199.9M-35.1%
Invitation Homes logo
Invitation HomesINVH
$480K
Gaming and Leisure Properties logo
Gaming and Leisure PropertiesGLPI
$206.2M-6.3%

Other financials

Income statement

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Revenue$397.8M+5.6%
Operating income$99.4M+18.0%
Net income$99.5M+19.2%
EPS (diluted)$0.50+19.0%

Balance sheet

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Cash & equivalents$35.6M+7.9%
Total debt$24.0M-11.4%
Total equity$1.8B+1.6%
Total assets$5.8B+1.4%

Cash flow

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Operating cash flow$147.9M+12.7%
CapEx$64.2M+7.9%
Free cash flow$83.8M+16.6%

Valuation

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Market cap$12.61B+5.5%
P/E30.4×-0.6×
P/S8.1×+0.2×

Profitability

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Operating margin26.2%+1.4pp
Net margin26.6%+1.3pp
FCF margin22.2%-0.8pp

Returns & leverage

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Return on equity23.8%-0.5pp
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 source filing: Equity Lifestyle Properties’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 5:24 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050244
Line itemJune 30, 2026December 31, 2025
Term loans, net437,863437,455
Unsecured line of credit127,500105,000
Accounts payable and other liabilities182,135152,536
Deferred membership revenue217,419221,498
Accrued interest payable10,88911,333
Rents and other customer payments received in advance and security deposits152,166120,441
Distributions payable108,720103,146
Total Liabilities3,984,0703,930,567

Item 1. Financial Statements

FAQ

What is Equity Lifestyle Properties's contract liabilities?
Equity Lifestyle Properties (ELS) reported contract liabilities of $217.42M in Q2 2026.
How has Equity Lifestyle Properties's contract liabilities changed year-over-year?
Equity Lifestyle Properties's contract liabilities decreased by 4.7% year-over-year, from $228.08M to $217.42M.
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 9.8% compound annual growth rate (CAGR), from $138.88M to $221.5M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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