ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs REITs Industry
For the REITs industry and Real Estate sector, Equity Lifestyle Properties's ROE % distribution charts can be found below:
* The bar in red indicates where Equity Lifestyle Properties's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Equity Lifestyle Properties (BSP:E2LS34) has a ROE % of 24.02% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Equity Lifestyle Properties and its competitors. This is 21% above median its historical median of 19.86. Over the past decade, Equity Lifestyle Properties' ROE % has ranged from 17.92 to 23.54. According to the industry distribution chart, Equity Lifestyle Properties ranks #47 out of 933 companies in the REITs industry, placing it in the top 5%.
Is Equity Lifestyle Properties' ROE % too high?
Equity Lifestyle Properties' current ROE % of 24.02% is 21% above median its 10-year median of 19.86. Over the past 10 years, this metric has ranged from a low of 17.92 to a high of 23.54. The REITs industry median ROE % is 6.20. Equity Lifestyle Properties' value of 24.02% is 287.4% above this industry median. Based on the distribution chart, Equity Lifestyle Properties ranks #47 out of 933 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. 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' ROE % compare to UDR and AMH?
According to the REITs industry distribution chart, Equity Lifestyle Properties ranks #47 out of 933 companies for ROE %. This places Equity Lifestyle Properties in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 6.20. Equity Lifestyle Properties' value of 24.02% is 287.4% above this benchmark. Historically, Equity Lifestyle Properties' own ROE % has ranged from 17.92 to 23.54 over the past decade. While the company's 10-year median is 19.86 vs. the industry median of 6.20, 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 ROE % for a REITs company?
The median ROE % among REITs companies is 6.20, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equity Lifestyle Properties's current ROE % of 24.02% is 287.4% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Equity Lifestyle Properties and its competitors. For the REITs industry, the median ROE % is 6.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equity Lifestyle Properties's current ROE % is 24.02%, which is 21% above median its own 10-year median of 19.86. 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 ROE % is 24.02%, which is 21% above median its 10-year median of 19.86 and 287.4% above the REITs industry median of 6.20. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Equity Lifestyle Properties (BSP:E2LS34), the current ROE % is 24.02% 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:
ROE %: 24.02% (21% above median its 10-year median of 19.86)
GF Value™: R$34.36 vs. price of R$32.24 (6.2% below fair value)
Industry Position: 287.4% above the REITs median (#47 of 933)
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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