How Equity Lifestyle Properties makes money

Period

FY2025

How does Equity Lifestyle Properties make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Equity Lifestyle Properties Inc. · FY2025 · year ended 2025-12-31

Revenue$1.5BGross profit$1.5B · 100%Cost of revenue$0 · 0%Operating income$391M · 26%Operating expenses$1.1B · 74%SG&A$38M · 2%Selling & marketing$16M · 1%Other opex$1.1B · 71%Pre-tax income$402M · 26%Other income$11M · 1%Net income$402M · 26%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.