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Equity Lifestyle Properties ELS Gross revenues from ancillary services — Cost of ancillary services

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Property management
$21.85M+5.4%
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$10.19M-1.1%

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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+6.1%
P/E30.4×-0.5×
P/S8.1×+0.3×

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:CostOfGoodsAndServicesSold.

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
(amounts in thousands)Quarters Ended June 30, 2026Quarters Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Insurance and other25,37326,05051,01252,039
Real estate taxes21,82621,84543,92643,488
Membership sales and marketing4,5514,0628,3887,993
Cost of ancillary services6,7186,17710,94610,622
Ancillary operating expenses5,7725,56711,02510,431
Property management21,84520,72340,51641,153
Total property operations expenses191,551184,916365,327357,647
NOI$184,694$173,465$391,864$369,820

Item 1. Financial Statements

FAQ

What is Equity Lifestyle Properties's gross revenues from ancillary services — cost of ancillary services?
Equity Lifestyle Properties (ELS) reported gross revenues from ancillary services — cost of ancillary services of $6.72M in Q2 2026.
How has Equity Lifestyle Properties's gross revenues from ancillary services — cost of ancillary services changed year-over-year?
Equity Lifestyle Properties's gross revenues from ancillary services — cost of ancillary services increased by 8.8% year-over-year, from $6.18M to $6.72M.
What is the long-term trend for Equity Lifestyle Properties's gross revenues from ancillary services — cost of ancillary services?
Over 4 years (2021 to 2025), Equity Lifestyle Properties's gross revenues from ancillary services — cost of ancillary services has grown at a -4.9% compound annual growth rate (CAGR), from $25.45M to $20.79M.
What does gross revenues from ancillary services — cost of ancillary services mean?
This metric captures the direct operating expenses associated with providing ancillary services, including maintenance, staffing, and administrative costs required to support these offerings. It serves as a measure of the operational efficiency of the ancillary business segment. Monitoring this cost relative to the revenue generated helps determine the profitability and scalability of the company's non-core service lines.

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