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Equity Lifestyle Properties ELS Commission expense related to memberships sales

Commission expense related to memberships sales at other companies

EastGroup Properties logo
EastGroup PropertiesEGP
$7.16M-35.4%
Ryder System logo
Ryder SystemR
$92M
Everest Group logo
Everest GroupEG
$5M0.0%
StoneX Group Inc. logo
StoneX Group Inc.SNEX
$1.4M+40.0%
Equitable Holdings logo
Equitable HoldingsEQH
$41M-4.7%
Equitable Holdings logo
Equitable HoldingsEQH
$197M-2.0%

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:CommissionExpenseRecognizedRelatedToRightToUseContractSales.

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

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Questions, answered.

What is Equity Lifestyle Properties's commission expense related to memberships sales?
Equity Lifestyle Properties (ELS) reported commission expense related to memberships sales of $1.71M in Q1 2026.
How has Equity Lifestyle Properties's commission expense related to memberships sales changed year-over-year?
Equity Lifestyle Properties's commission expense related to memberships sales increased by 75.6% year-over-year, from $971K to $1.71M.
What is the long-term trend for Equity Lifestyle Properties's commission expense related to memberships sales?
Over 4 years (2021 to 2025), Equity Lifestyle Properties's commission expense related to memberships sales has grown at a 7.1% compound annual growth rate (CAGR), from $3.78M to $4.97M.
What does commission expense related to memberships sales mean?
The cost of sales commissions paid to acquire new customer memberships or contracts.
How do you interpret commission expense related to memberships sales?
Higher expenses may signal aggressive growth or higher acquisition costs, while lower expenses could indicate improved efficiency or reduced sales volume.
How does commission expense related to memberships sales compare across companies?
Standard for companies with high-touch sales processes or membership-based revenue streams.