Equity Historical Income Statement
ELS Stock | USD 62.73 0.40 0.64% |
Historical analysis of Equity Lifestyle income statement accounts such as Selling General Administrative of 49.6 M or Total Revenue of 1.6 B can show how well Equity Lifestyle Properties performed in making a profits. Evaluating Equity Lifestyle income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Equity Lifestyle's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Equity Lifestyle Pro latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Equity Lifestyle Pro is a good buy for the upcoming year.
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About Equity Income Statement Analysis
Equity Lifestyle Pro Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Equity Lifestyle shareholders. The income statement also shows Equity investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Equity Lifestyle Income Statement Chart
Equity Lifestyle Properties Income Statement is one of the three primary financial statements used for reporting Equity's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Equity Lifestyle Pro revenue and expense. Equity Lifestyle Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Equity Lifestyle's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Extraordinary Items is likely to gain to about 58.8 M in 2024, whereas EBIT is likely to drop slightly above 225.3 M in 2024. Add Fundamental
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Equity Lifestyle Properties minus its cost of goods sold. It is profit before Equity Lifestyle operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Equity Lifestyle Pro. It is also known as Equity Lifestyle overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Equity Lifestyle Pro operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Equity Lifestyle Properties is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Equity Lifestyle's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Equity Lifestyle Pro current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Lifestyle Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Equity Lifestyle's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Extraordinary Items is likely to gain to about 58.8 M in 2024, whereas EBIT is likely to drop slightly above 225.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 628.2M | 700.7M | 941.5M | 988.6M | Total Revenue | 1.3B | 1.4B | 1.5B | 1.6B |
Equity Lifestyle income statement Correlations
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Equity Lifestyle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Equity Lifestyle income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 152.1M | 155.1M | 188.4M | 207.1M | 203.7M | 213.9M | |
Interest Expense | 104.2M | 102.8M | 108.7M | 116.6M | 132.3M | 139.0M | |
Selling General Administrative | 35.7M | 39.3M | 40.7M | 44.9M | 47.3M | 49.6M | |
Total Revenue | 1.0B | 1.1B | 1.3B | 1.4B | 1.5B | 1.6B | |
Gross Profit | 533.1M | 555.6M | 628.2M | 700.7M | 941.5M | 988.6M | |
Other Operating Expenses | 694.0M | 739.3M | 884.9M | 1.0B | 616.2M | 418.5M | |
Operating Income | 339.6M | 350.9M | 383.0M | 408.0M | 873.3M | 916.9M | |
Ebit | 339.6M | 350.9M | 383.0M | 408.0M | 320.1M | 225.3M | |
Ebitda | 491.7M | 506.1M | 571.5M | 615.0M | 523.8M | 318.7M | |
Total Operating Expenses | 206.6M | 214.7M | 253.0M | 294.9M | 68.3M | 64.8M | |
Net Income | 169.0M | 122.7M | 153.0M | 182.3M | 314.2M | 329.9M | |
Income Tax Expense | 126.9M | 118.7M | 123.0M | 116.6M | (9.6M) | (9.1M) | |
Income Before Tax | 295.9M | 241.4M | 276M | 298.8M | 320.1M | 336.1M | |
Total Other Income Expense Net | (43.7M) | (109.5M) | (107.0M) | (109.2M) | (553.2M) | (525.5M) | |
Cost Of Revenue | 487.5M | 524.7M | 631.9M | 730.4M | 547.9M | 320.5M | |
Net Income Applicable To Common Shares | 279.1M | 228.3M | 262.5M | 284.6M | 327.3M | 343.7M | |
Minority Interest | 16.8M | 13.1M | (13.5M) | (14.2M) | (14.6M) | (13.9M) | |
Selling And Marketing Expenses | 20.0M | 21.9M | 28.9M | 50.8M | 21.0M | 16.9M | |
Net Income From Continuing Ops | 270.5M | 222.9M | 276M | 298.8M | 309.9M | 207.3M | |
Non Operating Income Net Other | 61.3M | 5.4M | 3.8M | 3.4M | 3.9M | 3.7M | |
Interest Income | 7.2M | 7.2M | 104.2M | 108.0M | 8.7M | 8.3M | |
Net Interest Income | (97.0M) | (95.6M) | (101.7M) | (109.1M) | (121.7M) | (127.8M) | |
Reconciled Depreciation | 154.0M | 157.8M | 188.4M | 202.4M | 207.9M | 184.5M |
Pair Trading with Equity Lifestyle
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equity Lifestyle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equity Lifestyle will appreciate offsetting losses from the drop in the long position's value.Moving together with Equity Stock
0.78 | UE | Urban Edge Properties Financial Report 14th of May 2024 | PairCorr |
Moving against Equity Stock
0.55 | PK | Park Hotels Resorts Financial Report 6th of May 2024 | PairCorr |
0.5 | AVB | AvalonBay Communities Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Equity Lifestyle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Lifestyle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equity Lifestyle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equity Lifestyle Properties to buy it.
The correlation of Equity Lifestyle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equity Lifestyle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Lifestyle Pro moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equity Lifestyle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Lifestyle Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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When running Equity Lifestyle's price analysis, check to measure Equity Lifestyle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equity Lifestyle is operating at the current time. Most of Equity Lifestyle's value examination focuses on studying past and present price action to predict the probability of Equity Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Lifestyle's price. Additionally, you may evaluate how the addition of Equity Lifestyle to your portfolios can decrease your overall portfolio volatility.
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Is Equity Lifestyle's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equity Lifestyle. If investors know Equity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equity Lifestyle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.256 | Dividend Share 1.79 | Earnings Share 1.69 | Revenue Per Share 8.017 | Quarterly Revenue Growth 0.058 |
The market value of Equity Lifestyle Pro is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Lifestyle's value that differs from its market value or its book value, called intrinsic value, which is Equity Lifestyle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equity Lifestyle's market value can be influenced by many factors that don't directly affect Equity Lifestyle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equity Lifestyle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Lifestyle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Lifestyle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.