Equity Lifestyle Properties Inc (ELS) - Net Assets
Based on the latest financial reports, Equity Lifestyle Properties Inc (ELS) has net assets worth $1.81 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.75 Billion) and total liabilities ($3.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Equity Lifestyle Properties Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.81 Billion |
| % of Total Assets | 31.59% |
| Annual Growth Rate | 6.54% |
| 5-Year Change | 22.11% |
| 10-Year Change | 67.75% |
| Growth Volatility | 24.42 |
Equity Lifestyle Properties Inc - Net Assets Trend (1993–2025)
This chart illustrates how Equity Lifestyle Properties Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Equity Lifestyle Properties Inc for the complete picture of this company's asset base.
Annual Net Assets for Equity Lifestyle Properties Inc (1993–2025)
The table below shows the annual net assets of Equity Lifestyle Properties Inc from 1993 to 2025. For live valuation and market cap data, see Equity Lifestyle Properties Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.81 Billion | -0.49% |
| 2024-12-31 | $1.82 Billion | +21.70% |
| 2023-12-31 | $1.50 Billion | -1.24% |
| 2022-12-31 | $1.52 Billion | +2.11% |
| 2021-12-31 | $1.49 Billion | +13.90% |
| 2020-12-31 | $1.30 Billion | -1.30% |
| 2019-12-31 | $1.32 Billion | +10.77% |
| 2018-12-31 | $1.19 Billion | +8.48% |
| 2017-12-31 | $1.10 Billion | +1.68% |
| 2016-12-31 | $1.08 Billion | +8.98% |
| 2015-12-31 | $992.69 Million | +1.40% |
| 2014-12-31 | $979.03 Million | +1.64% |
| 2013-12-31 | $963.21 Million | +4.21% |
| 2012-12-31 | $924.30 Million | +15.64% |
| 2011-12-31 | $799.28 Million | +73.70% |
| 2010-12-31 | $460.16 Million | +80.86% |
| 2009-12-31 | $254.43 Million | -14.11% |
| 2008-12-31 | $296.23 Million | +2.60% |
| 2007-12-31 | $288.72 Million | +11.08% |
| 2006-12-31 | $259.91 Million | +7.45% |
| 2005-12-31 | $241.90 Million | +45.18% |
| 2004-12-31 | $166.62 Million | +25.73% |
| 2003-12-31 | $132.51 Million | -61.71% |
| 2002-12-31 | $346.12 Million | -0.05% |
| 2001-12-31 | $346.30 Million | +2.04% |
| 2000-12-31 | $339.37 Million | -13.16% |
| 1999-12-31 | $390.80 Million | +2.60% |
| 1998-12-31 | $380.91 Million | +9.45% |
| 1997-12-31 | $348.03 Million | +21.44% |
| 1996-12-31 | $286.59 Million | -7.88% |
| 1995-12-31 | $311.10 Million | -1.98% |
| 1994-12-31 | $317.40 Million | +32.97% |
| 1993-12-31 | $238.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Equity Lifestyle Properties Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 22254500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.99 Million | 0.11% |
| Other Components | $1.98 Billion | 112.70% |
| Total Equity | $1.76 Billion | 100.00% |
Equity Lifestyle Properties Inc Competitors by Market Cap
The table below lists competitors of Equity Lifestyle Properties Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ionis Pharmaceuticals Inc
NASDAQ:IONS
|
$12.19 Billion |
|
Jazz Pharmaceuticals PLC
NASDAQ:JAZZ
|
$12.20 Billion |
|
CARLSBERG B DK20 ADR 1/5
F:CBGC
|
$12.20 Billion |
|
Sociedad Quimica y Minera de Chile SA ADR B
NYSE:SQM
|
$12.20 Billion |
|
HubSpot Inc
NYSE:HUBS
|
$12.18 Billion |
|
Guangdong Haid Group Co Ltd
SHE:002311
|
$12.17 Billion |
|
The Cooper Companies, Inc
NASDAQ:COO
|
$12.17 Billion |
|
BANKINTER ADR 2007 EO-30
F:BAK
|
$12.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Equity Lifestyle Properties Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,740,716,000 to 1,756,275,000, a change of 15,559,000 (0.9%).
- Net income of 386,508,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 2,303,000.
- Other factors decreased equity by 368,646,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $386.51 Million | +22.01% |
| Other Comprehensive Income | $-2.30 Million | -0.13% |
| Other Changes | $-368.65 Million | -20.99% |
| Total Change | $- | 0.89% |
Book Value vs Market Value Analysis
This analysis compares Equity Lifestyle Properties Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.16x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 18.53x to 7.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $3.39 | $62.82 | x |
| 1994-12-31 | $3.16 | $62.82 | x |
| 1995-12-31 | $2.69 | $62.82 | x |
| 1996-12-31 | $2.60 | $62.82 | x |
| 1997-12-31 | $2.82 | $62.82 | x |
| 1998-12-31 | $2.43 | $62.82 | x |
| 1999-12-31 | $1.69 | $62.82 | x |
| 2000-12-31 | $1.53 | $62.82 | x |
| 2001-12-31 | $1.62 | $62.82 | x |
| 2002-12-31 | $1.61 | $62.82 | x |
| 2003-12-31 | $0.05 | $62.82 | x |
| 2004-12-31 | $0.27 | $62.82 | x |
| 2005-12-31 | $0.28 | $62.82 | x |
| 2006-12-31 | $0.39 | $62.82 | x |
| 2007-12-31 | $0.58 | $62.82 | x |
| 2008-12-31 | $0.80 | $62.82 | x |
| 2009-12-31 | $1.66 | $62.82 | x |
| 2010-12-31 | $1.85 | $62.82 | x |
| 2011-12-31 | $4.95 | $62.82 | x |
| 2012-12-31 | $4.73 | $62.82 | x |
| 2013-12-31 | $4.90 | $62.82 | x |
| 2014-12-31 | $4.98 | $62.82 | x |
| 2015-12-31 | $5.03 | $62.82 | x |
| 2016-12-31 | $5.45 | $62.82 | x |
| 2017-12-31 | $5.90 | $62.82 | x |
| 2018-12-31 | $5.90 | $62.82 | x |
| 2019-12-31 | $6.91 | $62.82 | x |
| 2020-12-31 | $6.41 | $62.82 | x |
| 2021-12-31 | $7.34 | $62.82 | x |
| 2022-12-31 | $7.40 | $62.82 | x |
| 2023-12-31 | $7.31 | $62.82 | x |
| 2024-12-31 | $8.85 | $62.82 | x |
| 2025-12-31 | $8.78 | $62.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Equity Lifestyle Properties Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 22.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.24%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 3.27x
- Recent ROE (22.01%) is below the historical average (28.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 5.09% | 24.76% | 0.12x | 1.67x | $-10.04 Million |
| 1994 | 5.54% | 21.90% | 0.13x | 2.01x | $-12.06 Million |
| 1995 | 6.88% | 18.33% | 0.19x | 2.00x | $-8.15 Million |
| 1996 | 9.42% | 23.10% | 0.19x | 2.20x | $-1.50 Million |
| 1997 | 10.19% | 23.16% | 0.14x | 3.08x | $542.50K |
| 1998 | 9.32% | 14.85% | 0.17x | 3.79x | $-2.11 Million |
| 1999 | 13.14% | 12.92% | 0.19x | 5.49x | $6.63 Million |
| 2000 | 19.00% | 14.87% | 0.19x | 6.57x | $15.14 Million |
| 2001 | 18.32% | 15.35% | 0.19x | 6.28x | $14.57 Million |
| 2002 | 17.95% | 12.72% | 0.22x | 6.55x | $14.13 Million |
| 2003 | 433.46% | 9.69% | 0.18x | 254.21x | $24.55 Million |
| 2004 | 12.64% | 1.20% | 0.18x | 59.24x | $841.60K |
| 2005 | -7.17% | -0.60% | 0.20x | 59.94x | $-5.58 Million |
| 2006 | 35.30% | 4.03% | 0.20x | 43.63x | $11.92 Million |
| 2007 | 45.25% | 5.21% | 0.30x | 28.67x | $25.01 Million |
| 2008 | 23.25% | 3.95% | 0.22x | 26.58x | $10.43 Million |
| 2009 | 15.56% | 6.76% | 0.23x | 9.91x | $12.15 Million |
| 2010 | 16.89% | 7.56% | 0.25x | 9.02x | $15.65 Million |
| 2011 | 4.58% | 6.48% | 0.16x | 4.37x | $-43.33 Million |
| 2012 | 8.08% | 10.37% | 0.20x | 3.95x | $-16.53 Million |
| 2013 | 13.01% | 16.29% | 0.21x | 3.80x | $26.87 Million |
| 2014 | 14.04% | 16.81% | 0.22x | 3.78x | $36.81 Million |
| 2015 | 15.07% | 17.26% | 0.24x | 3.70x | $46.86 Million |
| 2016 | 17.18% | 20.23% | 0.25x | 3.45x | $72.41 Million |
| 2017 | 19.15% | 21.67% | 0.25x | 3.50x | $94.39 Million |
| 2018 | 18.96% | 21.96% | 0.25x | 3.50x | $100.46 Million |
| 2019 | 22.33% | 27.35% | 0.25x | 3.32x | $154.16 Million |
| 2020 | 18.50% | 21.13% | 0.24x | 3.58x | $104.92 Million |
| 2021 | 18.55% | 20.92% | 0.24x | 3.75x | $120.97 Million |
| 2022 | 12.61% | 12.74% | 0.26x | 3.80x | $37.72 Million |
| 2023 | 21.99% | 22.38% | 0.25x | 3.93x | $171.33 Million |
| 2024 | 21.08% | 25.61% | 0.25x | 3.24x | $192.94 Million |
| 2025 | 22.01% | 25.24% | 0.27x | 3.27x | $210.88 Million |
Industry Comparison
This section compares Equity Lifestyle Properties Inc's net assets metrics with peer companies in the REIT - Residential industry.
Industry Context
- Industry: REIT - Residential
- Average net assets among peers: $2,178,942,778
- Average return on equity (ROE) among peers: -1.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Equity Lifestyle Properties Inc (ELS) | $1.81 Billion | 5.09% | 2.17x | $12.18 Billion |
| Apartment Investment and Management Co (AIV) | $312.30 Million | -32.81% | 5.27x | $613.76 Million |
| American Homes 4 Rent (AMH) | $3.65 Billion | -0.89% | 0.16x | $11.84 Billion |
| AvalonBay Communities Inc (AVB) | $10.94 Billion | 9.18% | 0.82x | $24.95 Billion |
| Bluerock Homes Trust Inc. (BHM) | $478.87 Million | -0.91% | 0.40x | $36.64 Million |
| BRT Realty Trust (BRT) | $114.29 Million | 11.01% | 0.18x | $268.04 Million |
| Clipper Realty Inc (CLPR) | $69.95 Million | -10.85% | 16.64x | $53.93 Million |
| Camden Property Trust (CPT) | $1.96 Billion | 11.89% | 1.34x | $10.80 Billion |
| Centerspace (CSR) | $1.02 Billion | 0.06% | 0.90x | $1.14 Billion |
| Elme Communities (ELME) | $1.07 Billion | 2.40% | 1.26x | $191.13 Million |
About Equity Lifestyle Properties Inc
Equity LifeStyle Properties, Inc. is a self-administered, self-managed real estate investment trust. As of December 31, 2025, we own or have an interest in 453 properties in 35 states and British Columbia consisting of 173,355 sites. Equity LifeStyle Properties, Inc. is headquartered in Chicago.