Equity Lifestyle Properties (BSP:E2LS34) Interest Coverage: 3.84 (As of Mar. 2026) — 28% Above Median


BSP:E2LS34 Equity Lifestyle Properties Inc BSP:E2LS34
17 GF Score
Price R$32.24
GF Value R$33.98
Valuation Fairly Valued
! 3 Warning Signs
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What is Equity Lifestyle Properties Interest Coverage?

Equity Lifestyle Properties BSP:E2LS34 17 Interest Coverage is 3.84 as of Mar. 2026, which is 28% above its 10-year median of 3.00. GuruFocus rates BSP:E2LS34 with a GF Score™ of 17/100 and a GF Value™ of R$33.98 (Fairly Valued). The stock has 3 warning signs investors should review. Among 701 REITs companies, Equity Lifestyle Properties ranks better than 55.92% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Equity Lifestyle Properties's Operating Income for the three months ended in Mar. 2026 was R$676 Mil. Equity Lifestyle Properties's Interest Expense for the three months ended in Mar. 2026 was R$-176 Mil. Equity Lifestyle Properties's interest coverage for the quarter that ended in Mar. 2026 was 3.84. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Equity Lifestyle Properties's Interest Coverage or its related term are showing as below:

BSP:E2LS34' s Interest Coverage Range Over the Past 10 Years
Min: 2.72   Med: 3   Max: 3.48
Current: 3.48


BSP:E2LS34's Interest Coverage is ranked better than
55.92% of 701 companies
in the REITs industry
Industry Median: 3.12 vs BSP:E2LS34: 3.48

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Equity Lifestyle Properties  (BSP:E2LS34) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Equity Lifestyle Properties Interest Coverage Related Terms


Equity Lifestyle Properties Interest Coverage Historical Data

* Premium members only.

The historical data trend for Equity Lifestyle Properties's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Equity Lifestyle Properties Interest Coverage Chart

Equity Lifestyle Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 3.00 2.82 3.02 3.37

Equity Lifestyle Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.95 3.46 3.25 3.36 3.84

BSP:E2LS34 vs UDR, AMH, CPT: Interest Coverage Comparison

For the REIT - Residential subindustry, Equity Lifestyle Properties's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equity Lifestyle Properties Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Equity Lifestyle Properties's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Equity Lifestyle Properties's Interest Coverage falls into.


BSP:E2LS34
17GF Score
Equity Lifestyle Properties Inc BSP:E2LS34
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equity Lifestyle Properties Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Equity Lifestyle Properties's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Equity Lifestyle Properties's Interest Expense was R$-715 Mil. Its Operating Income was R$2,409 Mil. And its Long-Term Debt & Capital Lease Obligation was R$17,549 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2409.123/-714.724
=3.37

Equity Lifestyle Properties's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Equity Lifestyle Properties's Interest Expense was R$-176 Mil. Its Operating Income was R$676 Mil. And its Long-Term Debt & Capital Lease Obligation was R$16,740 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*675.941/-175.95
=3.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 3.84 mean?
Equity Lifestyle Properties (BSP:E2LS34) has a Interest Coverage of 3.84 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Equity Lifestyle Properties and its competitors. This is 28% above median its historical median of 3.00. Over the past decade, Equity Lifestyle Properties' Interest Coverage has ranged from 2.72 to 3.48. According to the industry distribution chart, Equity Lifestyle Properties ranks #309 out of 701 companies in the REITs industry, placing it in the top 44.1%.
Is Equity Lifestyle Properties' Interest Coverage too high?
Equity Lifestyle Properties' current Interest Coverage of 3.84 is 28% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 3.48. The REITs industry median Interest Coverage is 3.12. Equity Lifestyle Properties' value of 3.84 is 23.1% above this industry median. Based on the distribution chart, Equity Lifestyle Properties ranks #309 out of 701 companies in the REITs industry, which is above the industry midpoint. Overall, Equity Lifestyle Properties has a GF Score™ of 17/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equity Lifestyle Properties' Interest Coverage compare to UDR and AMH?
According to the REITs industry distribution chart, Equity Lifestyle Properties ranks #309 out of 701 companies for Interest Coverage. This puts Equity Lifestyle Properties in the upper half of its industry. The industry median Interest Coverage is 3.12. Equity Lifestyle Properties' value of 3.84 is 23.1% above this benchmark. Historically, Equity Lifestyle Properties' own Interest Coverage has ranged from 2.72 to 3.48 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.12, Equity Lifestyle Properties has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.12, based on 701 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equity Lifestyle Properties's current Interest Coverage of 3.84 is 23.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Equity Lifestyle Properties and its competitors. For the REITs industry, the median Interest Coverage is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equity Lifestyle Properties's current Interest Coverage is 3.84, which is 28% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equity Lifestyle Properties stock overvalued right now?
Based on GuruFocus' analysis, Equity Lifestyle Properties (BSP:E2LS34) is currently considered Fairly Valued. The stock's GF Value™ is R$33.98, compared to a current price of R$32.24 — trading 5.1% below its estimated fair value. The current Interest Coverage is 3.84, which is 28% above median its 10-year median of 3.00 and 23.1% above the REITs industry median of 3.12. Equity Lifestyle Properties' overall GF Score™ is 17/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Equity Lifestyle Properties (BSP:E2LS34), the current Interest Coverage is 3.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Equity Lifestyle Properties (BSP:E2LS34) Overvalued in 2026?

Based on GuruFocus' analysis, Equity Lifestyle Properties stock appears to be undervalued. The current stock price of R$32.24 is trading 5.1% below its estimated GF Value™ of R$33.98. GuruFocus considers Equity Lifestyle Properties to be Fairly Valued.

Key valuation signals for BSP:E2LS34:

  • Interest Coverage: 3.84 (28% above median its 10-year median of 3.00)
  • GF Value™: R$33.98 vs. price of R$32.24 (5.1% below fair value)
  • GF Score™: 17/100 with 3 warning signs
  • Industry Position: 23.1% above the REITs median (#309 of 701)

No single metric tells the full story. See the BSP:E2LS34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Equity Lifestyle Properties Business Description

Industry Real EstateREITs
Other Exchanges ELS:USAMHV:Germany
Address Two North Riverside Plaza, Suite 800, Chicago, IL, USA, 60606
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 455 properties across the US with a higher concentration in the Sunbelt; 38% of the company's properties are in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations. More than 70% of the company's properties are either age-restricted or have an average resident age over 55.
17GF Score

Get the complete analysis for BSP:E2LS34

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$32.24
Price
R$33.98
GF Value