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Equity Lifestyle Properties ELS Property Operations — Utility And Other Income

Discontinued — last reported Q4 '18

Similar metrics at other companies

Sun Communities logo
SUIReal Property Operations Segment — Other revenues
$2.62M-45.0%
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SUIReal Property Operations Segment — Ancillary revenue
$15.81M+68.6%
W.P. Carey Inc. logo
WPCOperating Segments — Other Real Estate Revenue
$8.27M-1.9%
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UDRSame Communities — Operating Lease Other Income
$3.54M+7.0%
Simon Property Group logo
SPGReal Estate — Other Income
$39.43M+53.4%
W.P. Carey Inc. logo
WPCOwned Real Estate Segment — Other lease-related income
$10.45M+235%

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 els:UtilityAndOtherIncome.

The official record: Equity Lifestyle Properties’s 10-K, filed February 26, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does property operations — utility and other income mean?
Income earned from utilities and other miscellaneous services provided to tenants.
How do you interpret property operations — utility and other income?
Growth indicates successful cost recovery or increased utilization of ancillary services.
How does property operations — utility and other income compare across companies?
Often categorized as 'Other Property Income' or 'Ancillary Revenue' in REIT reporting.