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Equity Lifestyle Properties ELS Home Sales and Rentals Operations — Capital improvements

Other segment segments

Property Operations
$55.91M-0.1%

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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:SegmentExpenditureAdditionToLongLivedAssets.

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)Property OperationsHome Salesand Rentals OperationsConsolidated
General and administrative(11,872)
Casualty-related (charges)/recoveries, net7,094
Other expenses(1,209)
Interest and related amortization(33,824)
Equity in income/(loss) of unconsolidated joint ventures668
Consolidated net income$99,518
Total assets$5,493,537$307,138$5,800,675
Capital improvements$55,911$8,263$64,174

Item 1. Financial Statements

FAQ

What is Equity Lifestyle Properties's home sales and rentals operations — capital improvements?
Equity Lifestyle Properties (ELS) reported home sales and rentals operations — capital improvements of $8.26M in Q2 2026.
How has Equity Lifestyle Properties's home sales and rentals operations — capital improvements changed year-over-year?
Equity Lifestyle Properties's home sales and rentals operations — capital improvements increased by 137.8% year-over-year, from $3.48M to $8.26M.
What is the long-term trend for Equity Lifestyle Properties's home sales and rentals operations — capital improvements?
Over 4 years (2021 to 2025), Equity Lifestyle Properties's home sales and rentals operations — capital improvements has grown at a 13.9% compound annual growth rate (CAGR), from $10.37M to $17.48M.
What does home sales and rentals operations — capital improvements mean?
This represents expenditures made to upgrade, renovate, or extend the useful life of existing home inventory and rental properties. These investments are intended to maintain property value and support future rental or sales price growth.

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