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Equity Lifestyle Properties ELS Home Sales and Rentals Operations — Capital improvements (1)

Discontinued — last reported Q4 '22

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LADRReal Estate — Payments for Capital Improvements
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EQRSame Store — Payments To Proceeds From Acquire Other Property Plant And Equipment
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RHPOperating Segments — Payments For Capital Improvements
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EQRSame Store Non Same Store And Other — Payments To Acquire Other Property Plant And Equipment
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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:PropertyPlantAndEquipmentGross.

The official record: Equity Lifestyle Properties’s 10-K/A, filed January 22, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Equity Lifestyle Properties's home sales and rentals operations — capital improvements (1)?
Equity Lifestyle Properties (ELS) reported home sales and rentals operations — capital improvements (1) of $22.11M in Q4 2022.
What does home sales and rentals operations — capital improvements (1) mean?
The amount of money spent on major repairs and upgrades to improve or maintain property assets.
How do you interpret home sales and rentals operations — capital improvements (1)?
High levels may indicate necessary reinvestment to maintain competitiveness, while low levels could signal deferred maintenance.
How does home sales and rentals operations — capital improvements (1) compare across companies?
Comparable to 'Capital Expenditures' or 'Recurring CapEx' reported by other residential REITs.