# Equity Lifestyle Properties Inc. (ELS) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $62.42, market value $12.5 billion.

## Valuation
- **P/E (trailing): 30.2×** (5-yr avg 38.5×, 3-yr avg 33.5×). Equity Lifestyle Properties Inc. trades at 30.2× trailing earnings, well below its own five-year average of 38.5×: cheap by its own standards. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 28.7×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 11.25**. A PEG of 11.25 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 8.1×**. Each dollar of revenue is priced at 8.1×.
- **Price / book: 6.9×**. The shares trade at 6.9× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 26.2×**. Enterprise value is 26.2× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Earnings yield: 3.3%**. The inverse of the P/E: 3.3% of the price is earned each year.

## Profitability
- **Operating margin: 25.6%**. 25.6% of revenue is left after running the business, an exceptional level.
- **Net margin: 26.3%**. 26.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 22.9%**. 22.9% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 6.1%**. Return on all capital, debt included, is 6.1%.
- **Return on assets: 6.9%**. Each dollar of assets produces 6.9% of profit.

## Growth
- **Revenue growth (1 yr): 0.3%** (3-yr 1.9%/yr, 5-yr 134.2%/yr). Revenue grew 0.3% over the last year, against 134.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 2.6%** (3-yr 9.5%/yr, 5-yr 10.0%/yr). Earnings per share rose 2.6%, roughly in step with revenue.

## Financial health
- **Debt to equity: 1.91**. Debt is 1.91 times equity, a leveraged balance sheet, which is normal for real estate.
- **Altman Z-score: 2.83**. A Z-score of 2.83 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.48%** ($2.12 per share, trailing). Equity Lifestyle Properties Inc. yields 3.48%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 96%**. 96% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 20**. 20 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 8.5%/yr** (1-yr 7.7%). The dividend has grown 8.5% a year over five years.

## Analyst view
- **Analyst consensus: buy** (19 analysts). 19 analysts cover Equity Lifestyle Properties Inc.; the consensus is buy, with an average price target of $70.63 (+13% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 6.1%** (YTD 4.8%, 3-mo 0.9%). The shares are up 6.1% over twelve months including dividends.
- **From 52-week high: -9.5%** (6.3% above the low). Trading 10% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 35**. An RSI of 35 is neutral.
- **Beta (1 yr): -0.19** (volatility 18%). Beta of -0.19 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ELS · Page: https://foliofundamentals.com/stocks/els

Not investment advice.