Net margin is calculated as Net Income divided by its Revenue. Equity Lifestyle Properties's Net Income for the
three
months ended in Dec. 2023 was $92 Mil. Equity Lifestyle Properties's Revenue for the
three
months ended in Dec. 2023 was $289 Mil. Therefore, Equity Lifestyle Properties's net margin for the quarter that ended in Dec. 2023 was 31.81%.
The historical rank and industry rank for Equity Lifestyle Properties's Net Margin % or its related term are showing as below:
ELS'
s Net Margin % Range Over the Past 10 Years
Min: 16.81 Med: 20.81 Max: 27.35
Current: 22.38
ELS's Net Margin % is ranked worse than 56.71% of 797
companies
in the REITs industry
Industry Median: 32.78
vs ELS: 22.38
Equity Lifestyle Properties Net Margin % Historical Data
The historical data trend for Equity Lifestyle Properties's Net Margin % 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.
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 % Distribution
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.
Equity Lifestyle Properties Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Equity Lifestyle Properties's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NYSE:ELS) 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
Thank you for viewing the detailed overview of Equity Lifestyle Properties's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Equity Lifestyle Properties (Equity Lifestyle Properties) Business Description
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 450 properties across the U.S. with a higher concentration in the Sunbelt region with 34% of the company's properties located in Florida, 11% in California, and 10% in Arizona. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.
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