What is the current annual gross margin of ELS?

As of today, ELS annual gross margin is 37.63%

What is 1-year change in ELS annual gross margin?

ELS annual gross margin is down -0.66% year-over-year

What is 3-year change in ELS annual gross margin?

ELS annual gross margin is up +10.45% over the past 3 years

How far is ELS annual gross margin from its all-time high?

ELS annual gross margin is currently -34.65% below its historical high of 57.58% set on December 31, 1998

How does ELS annual gross margin rank versus sector peers?

ELS annual gross margin is higher than 53.15% of companies in Real Estate sector

When is ELS next annual earnings release?

The next annual earnings release for ELS is on January 27, 2027

What is the current quarterly gross margin of ELS?

As of today, ELS quarterly gross margin is 36.88%

What is ELS quarterly gross margin most recent change?

ELS quarterly gross margin was up +2.05% on September 30, 2026

What is 1-year change in ELS quarterly gross margin?

ELS quarterly gross margin is up +1.60% year-over-year

How far is ELS quarterly gross margin from its all-time high?

ELS quarterly gross margin is currently -52.75% below its historical high of 78.05% set on September 30, 2004

How does ELS quarterly gross margin rank versus sector peers?

ELS quarterly gross margin is higher than 48.78% of companies in Real Estate sector

When is ELS next earnings release?

The next earnings release for ELS is on January 27, 2027

ELS Gross Margin History & Chart Since 1992

Annual Gross Margin

37.63%0.25%-0.66%

December 31, 2025

Summary

Current Value: As of today, ELS annual gross margin is 37.63%, down -0.66% on December 31, 2025
Historical Performance: ELS annual gross margin is up +10.45% over the past 3 years, up +0.78% over the past 5 years
All-Time High Comparison: ELS annual gross margin is currently -34.65% below its historical high of 57.58% set on December 31, 1998
3-Year Low Comparison: ELS annual gross margin is +10.45% above its 3-year low of 34.07% reached on an earlier date
Sector Comparison: ELS annual gross margin is higher than 53.15% of companies in Real Estate sector

Gross Margin Chart

beforeafter

Performance

ELS Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	37.63%	-0.7%	+10.4%	+0.8%	+13.4%
Quarterly Gross Margin	Sep 30, 26	36.88%	+1.6%	+6.4%	+8.4%	+21.4%
Price	Nov 6, 26	$62.95	+1.3%	-3.1%	-25.5%	+297.5%
PE Ratio	Nov 6, 26	31.19	-4.2%	-26.6%	-47.2%	-55.2%
Annual Revenue	Dec 31, 25	$1.53B	-0.4%	+5.7%	+40.8%	+200.0%
Annual Gross Profit	Dec 31, 25	$576.30M	-1.2%	+16.5%	+41.7%	+239.8%
Annual Operating Margin	Dec 31, 25	33.82%	+0.7%	+17.6%	+6.0%	+177.9%
Annual Net Margin	Dec 31, 25	26.25%	+3.4%	+27.5%	+18.5%	+121.3%

Gross Margin Highs

ELS Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	37.88%	Dec 31, 24	-0.7%
5Y	37.88%	Dec 31, 24	-0.7%
All	57.58%	Dec 31, 98	-34.6%

Gross Margin Lows

ELS Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	34.07%	N/A	+10.4%
5Y	34.07%	Dec 31, 22	+10.4%
All	0.00%	Dec 31, 95	N/A

Gross Margin History

Year	Value	Change
2025	37.63%	-0.7%
2024	37.88%	+4.9%
2023	36.12%	+6.0%
2022	34.07%	-0.5%
2021	34.24%	-8.3%
2020	37.34%	-1.9%
2019	38.08%	-1.0%
2018	38.45%	+0.5%
2017	38.27%	+43.7%
2016	26.64%	+4.6%
2015	25.46%	-29.0%
2014	35.88%	+0.0%
2013	35.87%	+11.6%
2012	32.13%	+2.8%
2011	31.24%	-5.8%
2010	33.17%	+2.5%
2009	32.37%	-0.9%

Year	Value	Change
2008	32.65%	-9.5%
2007	36.08%	+7.7%
2006	33.49%	-20.6%
2005	42.17%	+4.3%
2004	40.44%	-6.5%
2003	43.23%	-3.8%
2002	44.96%	-13.9%
2001	52.21%	-0.8%
2000	52.61%	-6.2%
1999	56.08%	-2.6%
1998	57.58%	>+9,900.0%
1997	0.00%	0.0%
1996	0.00%	0.0%
1995	0.00%	-100.0%
1994	54.67%	+2.7%
1993	53.21%	-1.7%
1992	54.13%	-

FAQ

What is the current annual gross margin of ELS?: As of today, ELS annual gross margin is 37.63%
What is 1-year change in ELS annual gross margin?: ELS annual gross margin is down -0.66% year-over-year
What is 3-year change in ELS annual gross margin?: ELS annual gross margin is up +10.45% over the past 3 years
How far is ELS annual gross margin from its all-time high?: ELS annual gross margin is currently -34.65% below its historical high of 57.58% set on December 31, 1998
How does ELS annual gross margin rank versus sector peers?: ELS annual gross margin is higher than 53.15% of companies in Real Estate sector
When is ELS next annual earnings release?: The next annual earnings release for ELS is on January 27, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

36.88%0.74%+2.05%

September 30, 2026

Summary

Current Value: As of today, ELS quarterly gross margin is 36.88%, up +2.05% on September 30, 2026
Historical Performance: ELS quarterly gross margin is up +1.60% year-over-year, up +6.41% over the past 3 years
All-Time High Comparison: ELS quarterly gross margin is currently -52.75% below its historical high of 78.05% set on September 30, 2004
3-Year Low Comparison: ELS quarterly gross margin is +8.50% above its 3-year low of 33.99% reached on June 30, 2024
Sector Comparison: ELS quarterly gross margin is higher than 48.78% of companies in Real Estate sector

Performance

ELS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	36.88%	+2.0%	+1.6%	+6.4%	+8.4%
Annual Gross Margin	Dec 31, 25	37.63%	–	-0.7%	+10.4%	+0.8%
Price	Nov 6, 26	$62.95	-3.4%	+1.3%	-3.1%	-25.5%
PE Ratio	Nov 6, 26	31.19	-1.5%	-4.2%	-26.6%	-47.2%
Quarterly Revenue	Sep 30, 26	$410.02M	+3.0%	+4.0%	+4.1%	+18.2%
Quarterly Gross Profit	Sep 30, 26	$151.20M	+5.2%	+5.7%	+10.8%	+28.0%
Quarterly Operating Margin	Sep 30, 26	33.08%	+4.3%	+0.8%	+9.0%	+14.3%
Quarterly Net Margin	Sep 30, 26	21.77%	-12.9%	-14.5%	+6.2%	+2.0%

Quarterly Gross Margin Highs

ELS Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	40.82%	Mar 31, 26	-9.7%
3Y	41.76%	Dec 31, 24	-11.7%
5Y	41.76%	Dec 31, 24	-11.7%
All	78.05%	Sep 30, 04	-52.8%

Quarterly Gross Margin Lows

ELS Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	36.14%	Jun 30, 26	+2.0%
3Y	33.99%	Jun 30, 24	+8.5%
5Y	31.35%	Jun 30, 22	+17.6%
All	24.67%	Jun 30, 16	+49.5%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	36.88%	+2.0%
Jun 2026	36.14%	-11.5%
Mar 2026	40.82%	+3.0%
Dec 2025	39.62%	+9.1%
Sep 2025	36.30%	+4.5%
Jun 2025	34.73%	-13.9%
Mar 2025	40.36%	-3.4%
Dec 2024	41.76%	+17.0%
Sep 2024	35.70%	+5.0%
Jun 2024	33.99%	-15.2%
Mar 2024	40.09%	+5.2%
Dec 2023	38.10%	+9.9%
Sep 2023	34.66%	+2.9%
Jun 2023	33.68%	-12.2%
Mar 2023	38.36%	+6.8%
Dec 2022	35.92%	+10.9%
Sep 2022	32.40%	+3.3%
Jun 2022	31.35%	-14.9%
Mar 2022	36.85%	+11.7%
Dec 2021	33.00%	-3.0%
Sep 2021	34.03%	+3.9%
Jun 2021	32.74%	-12.7%
Mar 2021	37.50%	-1.3%
Dec 2020	37.98%	+6.0%
Sep 2020	35.83%	+2.2%
Jun 2020	35.07%	-13.0%
Mar 2020	40.29%	+8.5%
Dec 2019	37.14%	-3.7%
Sep 2019	38.56%	+9.4%
Jun 2019	35.25%	-14.5%
Mar 2019	41.23%	+6.6%
Dec 2018	38.68%	+1.1%
Sep 2018	38.26%	+5.5%
Jun 2018	36.26%	-10.6%
Mar 2018	40.57%	+7.2%
Dec 2017	37.84%	+1.2%
Sep 2017	37.38%	+3.6%
Jun 2017	36.09%	-13.6%
Mar 2017	41.78%	+62.1%
Dec 2016	25.77%	+0.6%
Sep 2016	25.62%	+3.9%
Jun 2016	24.67%	-18.9%
Mar 2016	30.41%	+19.0%
Dec 2015	25.55%	-22.3%
Sep 2015	32.87%	+3.6%
Jun 2015	31.74%	-15.5%
Mar 2015	37.56%	+3.4%
Dec 2014	36.34%	+5.5%
Sep 2014	34.45%	-0.1%
Jun 2014	34.49%	-13.1%
Mar 2014	39.71%	+11.3%
Dec 2013	35.68%	-4.2%
Sep 2013	37.24%	+9.3%
Jun 2013	34.07%	-17.0%
Mar 2013	41.04%	+8.9%
Dec 2012	37.69%	+11.4%
Sep 2012	33.82%	+29.7%
Jun 2012	26.07%	-14.9%

Month	Value	Change
Mar 2012	30.63%	+17.0%
Dec 2011	26.17%	-13.8%
Sep 2011	30.37%	-1.4%
Jun 2011	30.81%	-17.3%
Mar 2011	37.27%	+14.5%
Dec 2010	32.54%	+0.3%
Sep 2010	32.44%	+7.2%
Jun 2010	30.25%	-18.7%
Mar 2010	37.20%	+16.4%
Dec 2009	31.95%	+3.8%
Sep 2009	30.77%	+2.2%
Jun 2009	30.11%	-17.4%
Mar 2009	36.44%	+34.7%
Dec 2008	27.06%	-9.8%
Sep 2008	30.00%	-8.2%
Jun 2008	32.68%	-19.3%
Mar 2008	40.50%	+12.2%
Dec 2007	36.10%	+5.1%
Sep 2007	34.36%	+2.4%
Jun 2007	33.54%	-16.1%
Mar 2007	39.96%	+22.9%
Dec 2006	32.51%	-0.4%
Sep 2006	32.64%	+7.1%
Jun 2006	30.47%	-20.4%
Mar 2006	38.30%	+5.0%
Dec 2005	36.49%	-9.5%
Sep 2005	40.31%	+0.2%
Jun 2005	40.23%	-13.8%
Mar 2005	46.65%	+26.4%
Dec 2004	36.90%	-52.7%
Sep 2004	78.05%	+99.1%
Jun 2004	39.21%	-17.8%
Mar 2004	47.69%	-30.7%
Dec 2003	68.78%	+102.4%
Sep 2003	33.99%	-4.4%
Jun 2003	35.54%	-29.6%
Mar 2003	50.47%	-21.0%
Dec 2002	63.90%	+70.0%
Sep 2002	37.59%	-3.9%
Jun 2002	39.11%	-30.6%
Mar 2002	56.35%	+7.2%
Dec 2001	52.57%	+2.5%
Sep 2001	51.30%	-1.9%
Jun 2001	52.28%	-0.7%
Mar 2001	52.66%	-2.2%
Dec 2000	53.84%	+4.3%
Sep 2000	51.61%	-1.9%
Jun 2000	52.59%	+2.0%
Mar 2000	51.56%	-23.1%
Dec 1999	67.06%	+31.7%
Sep 1999	50.92%	-3.1%
Jun 1999	52.53%	+14.1%
Mar 1999	46.04%	+1.0%
Dec 1998	45.60%	+1.4%
Sep 1998	44.96%	-4.7%
Jun 1998	47.20%	-0.2%
Mar 1998	47.28%	-

FAQ

What is the current quarterly gross margin of ELS?: As of today, ELS quarterly gross margin is 36.88%
What is ELS quarterly gross margin most recent change?: ELS quarterly gross margin was up +2.05% on September 30, 2026
What is 1-year change in ELS quarterly gross margin?: ELS quarterly gross margin is up +1.60% year-over-year
How far is ELS quarterly gross margin from its all-time high?: ELS quarterly gross margin is currently -52.75% below its historical high of 78.05% set on September 30, 2004
How does ELS quarterly gross margin rank versus sector peers?: ELS quarterly gross margin is higher than 48.78% of companies in Real Estate sector
When is ELS next earnings release?: The next earnings release for ELS is on January 27, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

ELS Official Website www.equitylifestyleproperties.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/895417/000162828026003993/0001628280-26-003993-index.htm
ELS Profile on Yahoo Finance finance.yahoo.com/quote/ELS
ELS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/els