ELSEquity LifeStyle Properties, Inc.
Is it safe?
No red flags in what's measurable: comfortable debt (AA) and steady price behavior.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -41% · now 13% below its 52-week high.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
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.
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
- 13%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
REIT, Residential
The closest names by size in the same industry