Equity Lifestyle PropertiesBSP:E2LS34 17 Net Margin % is 28.43% as of Mar. 2026, which is 30% above its 10-year median of 21.82. GuruFocus rates BSP:E2LS34 with a GF Score™ of 17/100 and a GF Value™ of R$34.36 (Fairly Valued). The stock has 3 warning signs investors should review. Among 928 REITs companies, Equity Lifestyle Properties ranks worse than 66.81% on this metric.
The historical rank and industry rank for Equity Lifestyle Properties's Net Margin % or its related term are showing as below:
BSP:E2LS34'
s Net Margin % Range Over the Past 10 Years
Min: 20.23 Med: 21.82 Max: 27.35
Current: 26.05
BSP:E2LS34's Net Margin % is ranked worse than 66.81% of 928
companies
in the REITs industry
Industry Median: 45.23
vs BSP:E2LS34: 26.05
Equity Lifestyle Properties (BSP:E2LS34) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Equity Lifestyle Properties Net Margin % Related Terms
Equity Lifestyle Properties Net Margin % Historical Data
* 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.
BSP:E2LS34 vs UDR, AMH, CPT: Net Margin % Comparison
For the REIT - Residential subindustry, Equity Lifestyle Properties's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Equity Lifestyle Properties's Net Margin % distribution charts can be found below:
* The bar in red indicates where Equity Lifestyle Properties's Net Margin % falls into.
* 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.
Equity Lifestyle Properties (BSP:E2LS34) has a Net Margin % of 28.43% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Equity Lifestyle Properties and its competitors. This is 30% above median its historical median of 21.82. Over the past decade, Equity Lifestyle Properties' Net Margin % has ranged from 20.23 to 27.35. According to the industry distribution chart, Equity Lifestyle Properties ranks #620 out of 928 companies in the REITs industry, placing it in the top 66.8%.
Is Equity Lifestyle Properties' Net Margin % too high?
Equity Lifestyle Properties' current Net Margin % of 28.43% is 30% above median its 10-year median of 21.82. Over the past 10 years, this metric has ranged from a low of 20.23 to a high of 27.35. The REITs industry median Net Margin % is 45.23. Equity Lifestyle Properties' value of 28.43% is 37.1% below this industry median. Based on the distribution chart, Equity Lifestyle Properties ranks #620 out of 928 companies in the REITs industry, which is below 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' Net Margin % compare to UDR and AMH?
According to the REITs industry distribution chart, Equity Lifestyle Properties ranks #620 out of 928 companies for Net Margin %. This places Equity Lifestyle Properties in the lower half of its industry. The industry median Net Margin % is 45.23. Equity Lifestyle Properties' value of 28.43% is 37.1% below this benchmark. Historically, Equity Lifestyle Properties' own Net Margin % has ranged from 20.23 to 27.35 over the past decade. While the company's 10-year median is 21.82 vs. the industry median of 45.23, Equity Lifestyle Properties has consistently been below 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.23, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equity Lifestyle Properties's current Net Margin % of 28.43% is 37.1% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Equity Lifestyle Properties and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equity Lifestyle Properties's current Net Margin % is 28.43%, which is 30% above median its own 10-year median of 21.82. 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$34.36, compared to a current price of R$32.24 — trading 6.2% below its estimated fair value. The current Net Margin % is 28.43%, which is 30% above median its 10-year median of 21.82 and 37.1% below the REITs industry median of 45.23. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Equity Lifestyle Properties (BSP:E2LS34), the current Net Margin % is 28.43% 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 6.2% below its estimated GF Value™ of R$34.36.
GuruFocus considers Equity Lifestyle Properties to be Fairly Valued.
Key valuation signals for BSP:E2LS34:
Net Margin %: 28.43% (30% above median its 10-year median of 21.82)
GF Value™: R$34.36 vs. price of R$32.24 (6.2% below fair value)
Industry Position: 37.1% below the REITs median (#620 of 928)
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 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.
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