Skip to content

Equity Lifestyle Properties ELS Membership upgrade revenue — Deferred membership upgrade revenue

Other product segments

Annual membership subscriptions
$18.3M+12.0%
Gross revenues from ancillary services
$10.18M-1.4%
Home sales and brokered resales
$8.92M-15.9%

Similar metrics at other companies

Yum China Holdings logo
YUMCPrivilege Membership Programs — Deferred Revenue
$40M+17.6%
Costco Wholesale logo
COSTDeferred Revenue
$3.16B+7.7%
Avis Budget Group logo
CARCustomer Loyalty — Revenue deferred
$14.75M-3.3%
Bentley Systems, Incorporated logo
BSYDeferred Revenue
$265.98M+9.0%
Molina Healthcare logo
MOHDeferred Revenue
$401M+8.7%
Life Time Group Holdings logo
LTHDeferred Revenue
$63.25M+0.4%

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow$194.2M+0.4%
CapEx$45.3M+0.2%
Free cash flow$148.9M+0.5%

Valuation

See full
Market cap$12.06B-5.1%
P/E30.2×-2.9×
P/S7.8×-0.5×

Profitability

See full
Operating margin25.6%+1.0pp
Net margin25.9%+0.7pp
FCF margin21.7%-1.8pp

Returns & leverage

See full
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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Equity Lifestyle Properties’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about Equity Lifestyle Properties's membership upgrade revenue — deferred membership upgrade revenue.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Equity Lifestyle Properties's membership upgrade revenue — deferred membership upgrade revenue?
Equity Lifestyle Properties (ELS) reported membership upgrade revenue — deferred membership upgrade revenue of $3.12M in Q1 2026.
How has Equity Lifestyle Properties's membership upgrade revenue — deferred membership upgrade revenue changed year-over-year?
Equity Lifestyle Properties's membership upgrade revenue — deferred membership upgrade revenue increased by 2.2% year-over-year, from $3.05M to $3.12M.
What is the long-term trend for Equity Lifestyle Properties's membership upgrade revenue — deferred membership upgrade revenue?
Over 3 years (2022 to 2025), Equity Lifestyle Properties's membership upgrade revenue — deferred membership upgrade revenue has grown at a -10.0% compound annual growth rate (CAGR), from $17.04M to $12.41M.
What does membership upgrade revenue — deferred membership upgrade revenue mean?
This metric represents the portion of membership upgrade fees that have been collected from customers but have not yet been recognized as revenue because the performance obligations associated with the membership rights have not been fully satisfied. It reflects the company's liability to provide ongoing access or services related to premium membership tiers over the contract term. Monitoring this balance provides insight into the future revenue pipeline and the velocity at which customers are committing to long-term membership enhancements.