ELS Reports Fourth Quarter Results

Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as "we," "us," and "our") today announced results for the quarter and year ended December 31, 2025. All per share results are reported on a fully diluted basis unless otherwise noted. FINANCIAL RESULTS ($ in millions, except per share data) Quarters Ended December 31, 2025 2024 $ Change % Change (1) Net Income per Common Share $ 0.52 $ 0.50 $ 0.02 3.2 % Funds from Operations ("FFO") per Common Share and OP Unit $ 0.78 $ 0.76 $ 0.02 2.4 % Normalized Funds from Operations ("Normalized FFO") per Common Share and OP Unit $ 0.79 $ 0.76 $ 0.03 4.2 % Years Ended December 31, 2025 2024 $ Change % Change (1) Net Income per Common Share $ 2.01 $ 1.96 $ 0.05 2.6 % FFO per Common Share and OP Unit $ 3.08 $ 3.03 $ 0.05 1.5 % Normalized FFO per Common Share and OP Unit $ 3.06 $ 2.91 $ 0.15 5.0 % _____________________ 1. Calculations prepared using actual results without rounding. 2026 Dividends Our Board of Directors has approved setting the annual dividend rate for 2026 at $2.17 per share of Common Stock, an increase of 5.3%, or $0.11, over the current $2.06 per share of Common Stock for 2025. Our Board of Directors, in its sole discretion, will determine the amount of each quarterly dividend in advance of payment. Business Updates Pages 1 and 2 of this Earnings Release and Supplemental Financial Information provide an update on operations and 2026 guidance.... Read more

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