EQUITY LIFESTYLE PROPERTIES INC (ELS) Form 10-Q — Oct 27, 2026
Equity LifeStyle Properties filed its Q3 2026 10-Q reporting total revenues of $409.9 million, up 4.2% year-over-year, with diluted EPS of $0.45 versus $0.50 a year ago, a decline of 11.1% driven by a $12.1 million deferred tax valuation allowance. Core operating performance remained solid: Normalized FFO per share rose 4.6% to $0.79, Core Portfolio property operating revenues grew 4.4%, and MH base rental income increased 5.7% with average monthly rent per site reaching approximately $963. Core MH occupancy slipped to 93.8% from 94.3%, and new home sales fell to 97 from 119 units.
Key figures
- Eps
- 0.45
- Revenue
- 409903000
- Net Income
- 86425000
- Revenue Yoy
- 4.2% (Q3 2026 vs Q3 2025)
- Total Assets
- 5765006000
- Cash Position
- 24334000
- Shares Outstanding
- 194785616
- Total sites
- 173623
- Ffo per share q3
- 0.72
- Properties owned
- 453
- New home sales q3
- 97 vs 119 prior year
- Noi growth q3 yoy
- 6.7% total portfolio
- Buyback authorization
- $500.0 million
- Atm capacity remaining
- $700.0 million fully available
- Loc remaining capacity
- $352.9 million
- Noi q3 total portfolio
- 197926000
- Core portfolio mh occupancy
- 93.8%
- Normalized ffo per share q3
- 0.79
- Deferred tax valuation allowance
- $12.1 million
- Normalized ffo per share q3 prior
- 0.75
- Avg monthly mh base rent per site q3 2026
- 963
AI analysis
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