GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equity Lifestyle Properties Inc (NYSE:ELS) » Definitions » Pretax Margin %

ELS (Equity Lifestyle Properties) Pretax Margin % : 22.12% (As of Sep. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Equity Lifestyle Properties Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Equity Lifestyle Properties's Pre-Tax Income for the three months ended in Sep. 2024 was $81 Mil. Equity Lifestyle Properties's Revenue for the three months ended in Sep. 2024 was $366 Mil. Therefore, Equity Lifestyle Properties's pretax margin for the quarter that ended in Sep. 2024 was 22.12%.

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

ELS' s Pretax Margin % Range Over the Past 10 Years
Min: 17.58   Med: 21.62   Max: 28.14
Current: 25.04


ELS's Pretax Margin % is ranked worse than
59.61% of 916 companies
in the REITs industry
Industry Median: 38.16 vs ELS: 25.04

Equity Lifestyle Properties Pretax Margin % Historical Data

The historical data trend for Equity Lifestyle Properties's Pretax 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.

* Premium members only.

Equity Lifestyle Properties Pretax Margin % Chart

Equity Lifestyle Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.14 21.31 21.69 21.49 22.54

Equity Lifestyle Properties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax Margin % 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 21.73 25.09 31.28 21.75 22.12

Competitive Comparison of Equity Lifestyle Properties's Pretax Margin %

For the REIT - Residential subindustry, Equity Lifestyle Properties's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Equity Lifestyle Properties's Pretax Margin % falls into.



Equity Lifestyle Properties Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Equity Lifestyle Properties's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=316.476/1404.276
=22.54 %

Equity Lifestyle Properties's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=80.989/366.194
=22.12 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Equity Lifestyle Properties Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Equity Lifestyle Properties's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Equity Lifestyle Properties Business Description

Traded in Other Exchanges
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 452 properties across the U.S. with a higher concentration in the Sunbelt region with 38% of the company's properties located in Florida, 12% in Arizona, and 8% in California. 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.
Executives
Paul Seavey officer: Sr Vice President & Treasurer C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Marguerite M Nader officer: Vice President-Business Deve. 2S601 AVENUE LA TOURS, OAK BROOK IL 60523
Patrick Waite officer: EVP & Chief Operating Officer C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Derrick Burks director C/O EQUITY LIFESTYLE PROPERTIES INC, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Freedman Constance director C/O EQUITY LIFESTYLE PROPERTIES, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Andrew Berkenfield director C/O EQUITY LIFESTYLE PROPERTIES, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Valerie Henry officer: Chief Accounting Officer C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Roger Maynard officer: Senior Vice President MANUFACTURED HOME COMMUNITIES, INC., 2 N. RIVERSIDE PLAZA #8, CHICAGO IL 60606
Scott R Peppet director 1820 DEER VALLEY ROAD, BOULDER CO 80305
David J Contis director 2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Samuel Zell director, 10 percent owner, officer: Chairman of the Board TWO N RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Howard Walker director, officer: Chief Executive Officer MANUFACTURED HOME COMMUNITIES INC, 2 N RIVERSIDE PLAZA 800, CHICAGO IL 60606
Sheli Z Rosenberg director C/O EQUITY GROUP INVESTMENTS, L.L.C., TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Matthew Williams director C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Tao Huang director C/O MORNINGSTAR, INC., 225 WEST WACKER DRIVE, CHICAGO IL 60606

Equity Lifestyle Properties Headlines

From GuruFocus

ELS Reports on Hurricane Milton

By PRNewswire 10-15-2024