Equity Lifestyle Properties Inc. (ELS) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
TWO N RIVERSIDE PLZ CHICAGO, IL 60606 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 26 | 30 | |||||||
| Property, plant and equipment | 7,916 | 7,706 | 249 | 290 | 6,160 | 5,743 | |||
| Long-term investments and receivables | 84 | 85 | 81 | 70 | 20 | 20 | |||
| Long-term investments | 84 | 85 | 81 | 70 | 20 | 20 | |||
| Intangible assets, net (including goodwill) | 56 | 56 | 56 | 55 | 13 | 12 | |||
| Goodwill | 18 | 18 | 18 | 17 | 8 | 8 | |||
| Intangible assets, net (excluding goodwill) | 38 | 38 | 38 | 38 | 5 | 4 | |||
| Regulated entity, other noncurrent assets | 28 | 29 | |||||||
| Total noncurrent assets: | 8,055 | 7,847 | 440 | 475 | 6,193 | 5,775 | |||
| Other undisclosed assets | (2,409) | (2,233) | 5,052 | 4,833 | (1,774) | (1,624) | |||
| TOTAL ASSETS: | 5,646 | 5,614 | 5,493 | 5,308 | 4,419 | 4,151 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 3,822 | 4,115 | 3,975 | 3,822 | 3,114 | 2,829 | |||
| Total liabilities: | 3,822 | 4,115 | 3,975 | 3,822 | 3,114 | 2,829 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,741 | 1,429 | 1,445 | 1,415 | 1,234 | 1,250 | |||
| Common stock | 2 | 2 | 2 | 2 | 2 | 2 | |||
| Additional paid in capital | 1,951 | 1,644 | 1,629 | 1,593 | 1,411 | 1,403 | |||
| Accumulated other comprehensive income (loss) | 2 | 6 | 19 | 4 | (0) | ||||
| Other undisclosed equity, attributable to parent | (215) | (224) | (204) | (184) | (180) | (154) | |||
| Equity, attributable to noncontrolling interest | 83 | 70 | 72 | 71 | 71 | 72 | |||
| Total equity: | 1,824 | 1,499 | 1,517 | 1,486 | 1,305 | 1,322 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,646 | 5,614 | 5,493 | 5,308 | 4,419 | 4,151 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,526 | 1,489 | 1,447 | 1,272 | 1,091 | 1,037 | ||
| Operating lease, lease income | 1,233 | 1,179 | 1,119 | 1,033 | 924 | 880 | ||
| Cost of revenue | (1,085) | (1,101) | (1,086) | (935) | (799) | (751) | ||
| Cost of product and service sold | (480) | (470) | (443) | (399) | (354) | (334) | ||
| Gross profit: | 441 | 388 | 361 | 337 | 293 | 286 | ||
| Operating expenses | (61) | (68) | (65) | (64) | (57) | (51) | ||
| Other operating expense, net | (6) | (6) | (9) | (3) | (3) | (3) | ||
| Other expenses | (6) | (6) | (9) | (3) | (3) | (3) | ||
| Other undisclosed operating income | 6 | 6 | ||||||
| Operating income: | 381 | 320 | 287 | 269 | 233 | 232 | ||
| Nonoperating expense (Investment Income, Nonoperating) | (2) | (4) | ||||||
| Interest and debt expense | (6) | (0) | (117) | (109) | (103) | (104) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 125 | 112 | 105 | 160 | ||||
| Income from continuing operations before equity method investments, income taxes: | 372 | 316 | 295 | 272 | 236 | 287 | ||
| Income from equity method investments | 6 | 3 | 3 | 4 | 5 | 9 | ||
| Income from continuing operations before income taxes: | 379 | 319 | 299 | 276 | 241 | 296 | ||
| Income tax benefit | 0 | 10 | ||||||
| Income from continuing operations: | 379 | 330 | 299 | 276 | 241 | 296 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 276 | 241 | 296 | |
| Other undisclosed net income | 6 | 0 | ||||||
| Net income: | 385 | 330 | 299 | 276 | 241 | 296 | ||
| Net loss attributable to noncontrolling interest | (18) | (15) | (14) | (14) | (13) | (17) | ||
| Other undisclosed net income attributable to parent | 18 | 15 | 14 | 14 | 13 | 17 | ||
| Net income attributable to parent: | 385 | 330 | 299 | 276 | 241 | 296 | ||
| Preferred stock dividends and other adjustments | (0) | (0) | ||||||
| Other undisclosed net loss available to common stockholders, basic | (18) | (15) | (14) | (14) | (13) | (17) | ||
| Net income available to common stockholders, basic: | 367 | 314 | 285 | 262 | 228 | 279 | ||
| Dilutive securities, effect on basic earnings per share | 18 | 15 | 14 | 14 | 13 | 17 | ||
| Net income available to common stockholders, diluted: | 385 | 330 | 299 | 276 | 241 | 296 | ||
Comprehensive Income ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 385 | 330 | 299 | 276 | 241 | 296 | ||
| Other undisclosed comprehensive income (loss) | (4) | (13) | 16 | 4 | 0 | (3) | ||
| Comprehensive income: | 381 | 317 | 314 | 280 | 242 | 293 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (18) | (15) | (15) | (14) | (13) | (17) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (0) | (0) | (0) | (0) | (0) | (0) | ||
| Comprehensive income, net of tax, attributable to parent: | 363 | 302 | 299 | 266 | 229 | 277 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.