Equity Lifestyle Properties Inc. ELS
Real Estate Investment Trusts · data as of November 13, 2026
Equity Lifestyle Properties Inc. (ELS) is a real estate company listed in the US with a market value of about $12.1B. In the twelve months to September 30, 2026 it had revenue of $1.6B and net income of $391M, a net margin of 24.8%.
Its overall Stock Analiz score is 1.6 out of 5 (weak). The strongest part is shareholder returns (3/5); the weakest is value (0/5).
Key numbers: a P/E of 30.6, a price to free cash flow of 32.5, 5-year revenue growth of 6% a year, a 5-year average ROIC of 6%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 22% below the current price.
Score: 1.6 / 5
Checks passed
- Profit margin improving
- Profitable 5 years in a row
- ROE above 15%
- Positive free cash flow
- Interest covered more than 5 times
- Pays a dividend
- Dividend 3 years in a row
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.5B | $1.5B | $1.4B | $1.3B | $1.1B | $1.0B | $987M | $925M | $870M |
| Net income | $391M | $402M | $385M | $330M | $299M | $276M | $241M | $296M | $226M | $210M | $187M |
| Free cash flow | $372M | $334M | $355M | $231M | $343M | $111M | $208M | $385M | $162M | $236M | $233M |
| EPS (diluted) | $2.03 | $2.01 | $1.96 | $1.69 | $1.53 | $1.43 | $1.25 | $1.54 | $1.19 | $1.08 | $0.96 |
| Net margin | 24.8% | 26.2% | 25.2% | 22.1% | 20.6% | 21.0% | 21.6% | 28.5% | 22.9% | 22.7% | 21.5% |
| ROIC | — | 6.0% | 6.0% | 5.1% | 6.1% | 5.8% | 5.1% | 5.3% | 8.1% | 8.2% | 8.0% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 19 analysts is $68.11, 10% above the current price; targets range from $59.00 to $78.00; the consensus rating is “Buy”; expected EPS is $2.00 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Equity Lifestyle Properties’s P/E ratio?
About 30.6, based on the last twelve months of diluted earnings per share (forward P/E about 27.9).
Is Equity Lifestyle Properties stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 22% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Equity Lifestyle Properties pay a dividend?
Yes. The dividend yield is about 3.49%, and it has paid dividends for 10 years in our data.
Is Equity Lifestyle Properties a good stock to buy?
We do not give buy or sell advice. Equity Lifestyle Properties scores 1.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.