EQUITY LIFESTYLE PROPERTIES (ELS) Stock Fundamental Analysis

NYSE:ELS • US29472R1086

67.78 USD
+0.62 (+0.92%)
Last: Mar 2, 2026, 09:59 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to ELS. ELS was compared to 20 industry peers in the Residential REITs industry. While ELS belongs to the best of the industry regarding profitability, there are concerns on its financial health. ELS is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • ELS had positive earnings in the past year.
  • ELS had a positive operating cash flow in the past year.
  • In the past 5 years ELS has always been profitable.
  • Of the past 5 years ELS 4 years had a positive operating cash flow.
ELS Yearly Net Income VS EBIT VS OCF VS FCFELS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M

1.2 Ratios

  • ELS has a better Return On Assets (6.65%) than 90.00% of its industry peers.
  • The Return On Equity of ELS (21.79%) is better than 95.00% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 7.50%, ELS belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for ELS is above the industry average of 2.59%.
  • The 3 year average ROIC (7.05%) for ELS is below the current ROIC(7.50%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 6.65%
ROE 21.79%
ROIC 7.5%
ROA(3y)6.27%
ROA(5y)5.79%
ROE(3y)21.69%
ROE(5y)20.66%
ROIC(3y)7.05%
ROIC(5y)6.65%
ELS Yearly ROA, ROE, ROICELS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • ELS has a better Profit Margin (25.09%) than 70.00% of its industry peers.
  • In the last couple of years the Profit Margin of ELS has grown nicely.
  • The Operating Margin of ELS (33.91%) is better than 100.00% of its industry peers.
  • ELS's Operating Margin has been stable in the last couple of years.
  • ELS's Gross Margin of 52.99% is on the low side compared to the rest of the industry. ELS is outperformed by 85.00% of its industry peers.
  • ELS's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 33.91%
PM (TTM) 25.09%
GM 52.99%
OM growth 3Y5.6%
OM growth 5Y1.02%
PM growth 3Y8.66%
PM growth 5Y3.87%
GM growth 3Y2.32%
GM growth 5Y0.37%
ELS Yearly Profit, Operating, Gross MarginsELS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ELS is destroying value.
  • The number of shares outstanding for ELS has been increased compared to 1 year ago.
  • The number of shares outstanding for ELS has been increased compared to 5 years ago.
  • Compared to 1 year ago, ELS has a worse debt to assets ratio.
ELS Yearly Shares OutstandingELS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
ELS Yearly Total Debt VS Total AssetsELS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

2.2 Solvency

  • ELS has an Altman-Z score of 2.40. This is not the best score and indicates that ELS is in the grey zone with still only limited risk for bankruptcy at the moment.
  • ELS's Altman-Z score of 2.40 is amongst the best of the industry. ELS outperforms 100.00% of its industry peers.
  • The Debt to FCF ratio of ELS is 9.81, which is on the high side as it means it would take ELS, 9.81 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of ELS (9.81) is better than 95.00% of its industry peers.
  • A Debt/Equity ratio of 1.87 is on the high side and indicates that ELS has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.87, ELS is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.87
Debt/FCF 9.81
Altman-Z 2.4
ROIC/WACC1
WACC7.52%
ELS Yearly LT Debt VS Equity VS FCFELS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

2.3 Liquidity

  • ELS has a Current Ratio of 0.04. This is a bad value and indicates that ELS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.04, ELS is not doing good in the industry: 90.00% of the companies in the same industry are doing better.
  • ELS has a Quick Ratio of 0.04. This is a bad value and indicates that ELS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.04, ELS is doing worse than 90.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.04
Quick Ratio 0.04
ELS Yearly Current Assets VS Current LiabilitesELS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • ELS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.54%.
  • The Earnings Per Share has been growing by 9.46% on average over the past years. This is quite good.
  • Looking at the last year, ELS shows a small growth in Revenue. The Revenue has grown by 0.31% in the last year.
  • Measured over the past years, ELS shows a small growth in Revenue. The Revenue has been growing by 6.96% on average per year.
EPS 1Y (TTM)1.54%
EPS 3Y8.97%
EPS 5Y9.46%
EPS Q2Q%4%
Revenue 1Y (TTM)0.31%
Revenue growth 3Y1.91%
Revenue growth 5Y6.96%
Sales Q2Q%0.41%

3.2 Future

  • ELS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.97% yearly.
  • The Revenue is expected to grow by 4.28% on average over the next years.
EPS Next Y3.66%
EPS Next 2Y5.69%
EPS Next 3Y6.34%
EPS Next 5Y5.97%
Revenue Next Year2.97%
Revenue Next 2Y2.17%
Revenue Next 3Y-8%
Revenue Next 5Y4.28%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
ELS Yearly Revenue VS EstimatesELS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 500M 1B 1.5B 2B
ELS Yearly EPS VS EstimatesELS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3

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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 34.23, the valuation of ELS can be described as expensive.
  • The rest of the industry has a similar Price/Earnings ratio as ELS.
  • Compared to an average S&P500 Price/Earnings ratio of 27.07, ELS is valued a bit more expensive.
  • ELS is valuated quite expensively with a Price/Forward Earnings ratio of 33.02.
  • Based on the Price/Forward Earnings ratio, ELS is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
  • The average S&P500 Price/Forward Earnings ratio is at 28.05. ELS is around the same levels.
Industry RankSector Rank
PE 34.23
Fwd PE 33.02
ELS Price Earnings VS Forward Price EarningsELS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ELS indicates a rather expensive valuation: ELS more expensive than 85.00% of the companies listed in the same industry.
  • ELS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ELS is cheaper than 70.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 39.32
EV/EBITDA 22.34
ELS Per share dataELS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • ELS has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)9.34
PEG (5Y)3.62
EPS Next 2Y5.69%
EPS Next 3Y6.34%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • ELS has a Yearly Dividend Yield of 3.20%.
  • With a Dividend Yield of 3.20, ELS pays less dividend than the industry average, which is at 44.03. 85.00% of the companies listed in the same industry pay a better dividend than ELS!
  • Compared to an average S&P500 Dividend Yield of 1.82, ELS pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.2%

5.2 History

  • The dividend of ELS is nicely growing with an annual growth rate of 8.99%!
  • ELS has paid a dividend for at least 10 years, which is a reliable track record.
  • ELS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.99%
Div Incr Years20
Div Non Decr Years20
ELS Yearly Dividends per shareELS Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • 103.47% of the earnings are spent on dividend by ELS. This is not a sustainable payout ratio.
  • The dividend of ELS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP103.47%
EPS Next 2Y5.69%
EPS Next 3Y6.34%
ELS Yearly Income VS Free CF VS DividendELS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M
ELS Dividend Payout.ELS Dividend Payout, showing the Payout Ratio.ELS Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

EQUITY LIFESTYLE PROPERTIES

NYSE:ELS (3/2/2026, 9:59:09 AM)

67.78

+0.62 (+0.92%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)01-28
Earnings (Next)04-20
Inst Owners105.68%
Inst Owner Change5.26%
Ins Owners0.67%
Ins Owner Change2.83%
Market Cap13.14B
Revenue(TTM)1.52B
Net Income(TTM)382.00M
Analysts77.89
Price Target70.55 (4.09%)
Short Float %4.3%
Short Ratio4.92
Dividend
Industry RankSector Rank
Dividend Yield 3.2%
Yearly Dividend1.95
Dividend Growth(5Y)8.99%
DP103.47%
Div Incr Years20
Div Non Decr Years20
Ex-Date03-27
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.14%
Min EPS beat(2)-6.67%
Max EPS beat(2)6.95%
EPS beat(4)3
Avg EPS beat(4)1.09%
Min EPS beat(4)-6.67%
Max EPS beat(4)6.95%
EPS beat(8)6
Avg EPS beat(8)6.34%
EPS beat(12)7
Avg EPS beat(12)4.88%
EPS beat(16)9
Avg EPS beat(16)4.61%
Revenue beat(2)0
Avg Revenue beat(2)-1.67%
Min Revenue beat(2)-2.33%
Max Revenue beat(2)-1.01%
Revenue beat(4)0
Avg Revenue beat(4)-2.22%
Min Revenue beat(4)-3.82%
Max Revenue beat(4)-1.01%
Revenue beat(8)2
Avg Revenue beat(8)-1.69%
Revenue beat(12)2
Avg Revenue beat(12)-1.52%
Revenue beat(16)6
Avg Revenue beat(16)1.89%
PT rev (1m)0.19%
PT rev (3m)-1.23%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.59%
EPS NY rev (1m)-0.92%
EPS NY rev (3m)-2.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.07%
Revenue NY rev (1m)-1.24%
Revenue NY rev (3m)-1.54%
Valuation
Industry RankSector Rank
PE 34.23
Fwd PE 33.02
P/S 8.63
P/FCF 39.32
P/OCF 22.77
P/B 7.49
P/tB 7.49
EV/EBITDA 22.34
EPS(TTM)1.98
EY2.92%
EPS(NY)2.05
Fwd EY3.03%
FCF(TTM)1.72
FCFY2.54%
OCF(TTM)2.98
OCFY4.39%
SpS7.85
BVpS9.04
TBVpS9.04
PEG (NY)9.34
PEG (5Y)3.62
Graham Number20.07
Profitability
Industry RankSector Rank
ROA 6.65%
ROE 21.79%
ROCE 9.5%
ROIC 7.5%
ROICexc 7.56%
ROICexgc 7.73%
OM 33.91%
PM (TTM) 25.09%
GM 52.99%
FCFM 21.95%
ROA(3y)6.27%
ROA(5y)5.79%
ROE(3y)21.69%
ROE(5y)20.66%
ROIC(3y)7.05%
ROIC(5y)6.65%
ROICexc(3y)7.09%
ROICexc(5y)6.7%
ROICexgc(3y)7.26%
ROICexgc(5y)6.87%
ROCE(3y)8.93%
ROCE(5y)8.42%
ROICexgc growth 3Y5.95%
ROICexgc growth 5Y2.96%
ROICexc growth 3Y6.09%
ROICexc growth 5Y2.63%
OM growth 3Y5.6%
OM growth 5Y1.02%
PM growth 3Y8.66%
PM growth 5Y3.87%
GM growth 3Y2.32%
GM growth 5Y0.37%
F-Score6
Asset Turnover0.26
Health
Industry RankSector Rank
Debt/Equity 1.87
Debt/FCF 9.81
Debt/EBITDA 4.5
Cap/Depr 114.86%
Cap/Sales 15.96%
Interest Coverage 3.97
Cash Conversion 79.29%
Profit Quality 87.46%
Current Ratio 0.04
Quick Ratio 0.04
Altman-Z 2.4
F-Score6
WACC7.52%
ROIC/WACC1
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1.54%
EPS 3Y8.97%
EPS 5Y9.46%
EPS Q2Q%4%
EPS Next Y3.66%
EPS Next 2Y5.69%
EPS Next 3Y6.34%
EPS Next 5Y5.97%
Revenue 1Y (TTM)0.31%
Revenue growth 3Y1.91%
Revenue growth 5Y6.96%
Sales Q2Q%0.41%
Revenue Next Year2.97%
Revenue Next 2Y2.17%
Revenue Next 3Y-8%
Revenue Next 5Y4.28%
EBIT growth 1Y8.7%
EBIT growth 3Y7.62%
EBIT growth 5Y8.06%
EBIT Next Year46.66%
EBIT Next 3Y17.23%
EBIT Next 5Y12.16%
FCF growth 1Y-6.98%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-7.05%
OCF growth 3YN/A
OCF growth 5YN/A

EQUITY LIFESTYLE PROPERTIES / ELS FAQ

What is the fundamental rating for ELS stock?

ChartMill assigns a fundamental rating of 5 / 10 to ELS.


Can you provide the valuation status for EQUITY LIFESTYLE PROPERTIES?

ChartMill assigns a valuation rating of 3 / 10 to EQUITY LIFESTYLE PROPERTIES (ELS). This can be considered as Overvalued.


What is the profitability of ELS stock?

EQUITY LIFESTYLE PROPERTIES (ELS) has a profitability rating of 8 / 10.


What are the PE and PB ratios of EQUITY LIFESTYLE PROPERTIES (ELS) stock?

The Price/Earnings (PE) ratio for EQUITY LIFESTYLE PROPERTIES (ELS) is 34.23 and the Price/Book (PB) ratio is 7.49.


How sustainable is the dividend of EQUITY LIFESTYLE PROPERTIES (ELS) stock?

The dividend rating of EQUITY LIFESTYLE PROPERTIES (ELS) is 5 / 10 and the dividend payout ratio is 103.47%.