ELSEquity LifeStyle Properties, Inc.

$64.66

Is it safe?

Can ELS take a bad year?

Equity LifeStyle Properties, Inc. carries $398M of net debt at 0.66× EBITDA: a load its earnings can carry.

$398M

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.66×

Net debt / EBITDA · 0.26× a year ago · the load is going up

Interest cover
2.95×

Interest cover · operating profit covers the interest bill, with room to spare

Annualised volatility
19%

Annualised volatility · about as steady as the market itself

Details
Total debtQ1 2026
$438M
Cash and short-term investments
$39M
Net debt
$398M
EBITDA, trailing twelve months
$605M
Operating profit, trailing twelve months
$394M
Debt / equity
0.25×
Total debt / EBITDA
0.72×
Annualised volatilitytwo years of daily moves
19%
Worst drawdown on file
−41%
Below its 52-week high
−4.6%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.