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Equity Lifestyle Properties ELS Home Sales And Rentals — Payments For Capital Improvements

Discontinued — last reported Q1 '23

Similar metrics at other companies

Equity Residential logo
EQRPayments For Capital Expenditures To Real Estate
$62M+0.1%
Equity Residential logo
EQRSame Store — Payments To Acquire Other Property Plant And Equipment
$48.78M+35.8%
American Homes 4 Rent logo
AMHPayments for Maintenance Capital Expenditures
$23.22M-25.0%
American Homes 4 Rent logo
AMHReportable Legal Entities — Payments For Capital Improvements
$20.4M+233%
Prologis logo
PLDPayment For Property Improvements
$109.4M-10.7%
PEA
PEAKSenior housing — Cash paid

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:PaymentsForCapitalImprovements.

The official record: Equity Lifestyle Properties’s 10-Q, filed April 25, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Equity Lifestyle Properties's home sales and rentals — payments for capital improvements?
Equity Lifestyle Properties (ELS) reported home sales and rentals — payments for capital improvements of $45.04M in Q1 2023.
How has Equity Lifestyle Properties's home sales and rentals — payments for capital improvements changed year-over-year?
Equity Lifestyle Properties's home sales and rentals — payments for capital improvements increased by 57.2% year-over-year, from $28.66M to $45.04M.
What does home sales and rentals — payments for capital improvements mean?
Cash spent on improving or renovating the company's rental homes and residential properties.
How do you interpret home sales and rentals — payments for capital improvements?
Higher spending may signal proactive asset maintenance or strategic upgrades to drive future rental growth, while lower spending could indicate deferred maintenance.
How does home sales and rentals — payments for capital improvements compare across companies?
Standard capital expenditure metric for REITs focused on property maintenance and value-add renovations.