Filing Flows › Equity Lifestyle Properties (ELS) › Q3 2026 › vs Q3 2025
Equity Lifestyle Properties (ELS) Q3 2026 vs Q3 2025 (year over year)
Equity Lifestyle Properties's revenue rose $16.6M (+4%) from $393M in Q3 2025 to $410M in Q3 2026. Operating margin 24.6% against 24.9% (-0.4 pts).
Equity Lifestyle Properties, Q3 2026: revenue $410M (+4% year over year), operating margin 24.6%, net earnings $89.2M, operating cash flow $152M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 24.6% | 24.9% | -0.4 pts |
| Net margin | 21.8% | 25.5% | -3.7 pts |
| Free cash flow margin | 24.7% | 19.3% | +5.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $410M | $393M | $16.6M | +4% |
| Operating profit | $101M | $98.1M | $2.6M | +3% |
| Costs & expenses | $309M | $295M | $14.0M | +5% |
| Pre-tax earnings | $101M | $99.8M | $1.5M | +1% |
| Sales & marketing | $4.8M | $4.2M | $618K | +15% |
| General & admin | $9.6M | $8.8M | $782K | +9% |
| Other operating costs | $295M | $282M | $12.6M | +4% |
| Net earnings | $89.2M | $100M | −$11.1M | -11% |
| Income tax | $12.1M | −$518K | $12.6M | — |
| Depreciation & amortization | $54.9M | $52.3M | $2.6M | +5% |
| Share-based compensation | $2.2M | $2.5M | −$332K | -13% |
| Working capital & other | $5.5M | −$8.2M | $13.7M | — |
| Operating cash flow | $152M | $147M | $4.8M | +3% |
| Free cash flow (OCF − capex) | $101M | $75.7M | $25.3M | +33% |
| Capital expenditures | $50.7M | $71.3M | −$20.5M | -29% |
Questions
How much did Equity Lifestyle Properties's revenue grow year over year in Q3 2026?
Equity Lifestyle Properties's revenue rose $16.6M (+4%) from $393M in Q3 2025 to $410M in Q3 2026. Operating margin 24.6% against 24.9% (-0.4 pts).