Equity LifeStyle Properties, Inc. (ELS) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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ELS Revenue Growth
Revenue Breakdown (FY 2025)
ELS's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
ELS Revenue Analysis (2014–2025)
As of May 6, 2026, Equity LifeStyle Properties, Inc. (ELS) generated trailing twelve-month (TTM) revenue of $1.53 billion, reflecting exceptional growth of +22.4% year-over-year. The most recent quarter (Q4 2025) recorded $417.9 million in revenue, up 11.9% sequentially.
Looking at the longer-term picture, ELS's 5-year compound annual growth rate (CAGR) stands at +7.2%, indicating steady revenue expansion. The company achieved its highest annual revenue of $1.53 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows ELS's business is primarily driven by Home Sales, Brokered Resales And Ancillary Services (100%). With over half of revenue concentrated in Home Sales, Brokered Resales And Ancillary Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Real Estate sector peers including SUI (-22.5% YoY), UMH (-17.8% YoY), and NUVB (+1205.5% YoY), ELS has underperformed the peer group in terms of revenue growth. Compare ELS vs SUI →
ELS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ELSCurrent | $1.5B | +22.4% | +7.2% | 33.8% | |
 SUI | $2.3B | -22.5% | +10.8% | 20.9% | |
 UMH | $262M | -17.8% | +9.9% | 17.4% | |
 NUVB | $63M | +1205.5% | - | -338.7% | |
 CPT | $1.6B | -23.7% | +8.6% | 18.4% | |
 EQR | $3.1B | +3.7% | +3.8% | 36.3% |
ELS Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.53B | +6.8% | $576.3M | 37.6% | $517.9M | 33.8% |
| 2024 | $1.43B | +2.1% | $708.0M | 49.4% | $415.9M | 29.0% |
| 2023 | $1.40B | +2.1% | $672.5M | 47.9% | $373.1M | 26.6% |
| 2022 | $1.37B | +4.5% | $644.6M | 46.9% | $349.7M | 25.4% |
| 2021 | $1.32B | +21.8% | $262.1M | 19.9% | $382.9M | 29.1% |
| 2020 | $1.08B | +5.9% | $555.6M | 51.4% | $341.0M | 31.6% |
| 2019 | $1.02B | +5.4% | $533.1M | 52.2% | $326.5M | 32.0% |
| 2018 | $968.3M | +6.2% | $501.3M | 51.8% | $310.6M | 32.1% |
| 2017 | $911.9M | +6.5% | $468.4M | 51.4% | $297.7M | 32.6% |
| 2016 | $856.3M | +6.1% | $443.8M | 51.8% | $277.4M | 32.4% |
Full ELS Stock Analysis
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Start ComparisonELS — Frequently Asked Questions
Quick answers to the most common questions about buying ELS stock.
Is ELS's revenue growth accelerating or slowing?
ELS revenue is accelerating at +22.4% year-over-year, exceeding the 5-year CAGR of +7.2%. TTM revenue reached $1.5B. Growth momentum has increased versus prior periods.
What is ELS's long-term revenue growth rate?
Equity LifeStyle Properties, Inc.'s 5-year revenue CAGR of +7.2% reflects the sustained expansion pattern. Current YoY growth of +22.4% is above this long-term average.
How is ELS's revenue distributed by segment?
ELS reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.