ELS Reports Strong Financial Performance in Q4 2025

By Chris Stiles • Thursday, January 29 12:20 • Permanent Link

Equity Lifestyle Properties, Inc. (NYSE: ELS) has reported its fourth quarter and year-end results for 2025, showing continued strong performance. Here are the key financial metrics for the quarters ended December 31, 2025 and 2024:

Net income per common share: Q4 2025: $0.52 Q4 2024: $0.50 * Change: $0.02 or 3.2% increase

Funds from Operations (FFO) per common share and OP unit: Q4 2025: $0.78 Q4 2024: $0.76 * Change: $0.02 or 2.4% increase

Normalized Funds from Operations (Normalized FFO) per common share and OP unit: Q4 2025: $0.79 Q4 2024: $0.76 * Change: $0.03 or 4.2% increase

For the years ended December 31, 2025 and 2024, the following metrics were reported:

Net income per common share: 2025: $2.01 2024: $1.96 * Change: $0.05 or 2.6% increase

FFO per common share and OP unit: 2025: $3.08 2024: $3.03 * Change: $0.05 or 1.5% increase

Normalized FFO per common share and OP unit: 2025: $3.06 2024: $2.91 * Change: $0.15 or 5.0% increase

Additionally, the board of directors has approved setting the annual dividend rate for 2026 at $2.17 per share of common stock, representing a 5.3% increase over the previous year.

Equity Lifestyle Properties owns or has an interest in 453 properties in 35 states and British Columbia, consisting of 173,355 sites. The company has also provided 2026 guidance and invites investors to join its upcoming conference call to discuss the results. The market has reacted to these announcements by moving the company's shares 2.37% to a price of $63.60. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.