Investor Relations
VP, Investor Relations
Replay available
Equity Lifestyle Properties, Inc. (ELS) Q4 2025 Earnings Call
Equity Lifestyle Properties, Inc. (NYSE: ELS) Q4 2025 earnings conference call, held 2026-01-29. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Marguerite Nader
President & CEO
Patrick Ellis
President & COO
Paul Edge
Chief Financial Officer
Michael Goldsmith
Analyst, UBS
Jamie Feldman
Analyst, Wells Fargo Securities
Wesley Galladay
Analyst, Robert W. Baird & Co.
John Kim
Analyst, BMO Capital Markets
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Equity Lifestyle Properties, Inc..
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:04.236 Our forward-looking statements are subject to certain economic risks and uncertainty. 00:00:04.236 -- 00:00:08.301 The company assumes no obligation to update or supplement any statement that becomes 00:00:08.301 -- 00:00:13.207 untrue because of subsequent events. In addition, during today's call, we will discuss 00:00:13.207 -- 00:00:17.752 non-GAAP financial measures as defined by SEC Regulation G. 00:00:17.752 -- 00:00:22.018 Reconciliations of these non-GAAP financial measures to the comparable GAAP financial 00:00:22.018 -- 00:00:26.443 measures are included in our earnings release, our supplemental information, and our 00:00:26.443 -- 00:00:31.915 historical SEC filings. At this time, I would like to turn the call over to Marguerite 00:00:31.915 -- 00:00:34.575 Nader, our CEO. 00:00:35.379 -- 00:00:37.921 Good morning, and thank you for joining us today. 00:00:37.921 -- 00:00:41.566 I am pleased to report the final results for 2025. 00:00:41.566 -- 00:00:46.231 We continued our record of strong core operations and FFO growth with full year growth 00:00:46.231 -- 00:00:48.814 in NOI of 4.8% 00:00:48.814 -- 00:00:52.678 and a 5% increase in normalized FFO per share. 00:00:52.678 -- 00:00:56.545 Our year-end report is a good time to reflect on our business and our industry. 00:00:56.545 -- 00:01:00.913 Our business model is consistent and durable during all economic cycles. 00:01:00.913 -- 00:01:06.864 I'd like to focus on our annual rental streams, which comprise over 90% of our revenue. 00:01:06.864 -- 00:01:10.772 We offer prospective customers the opportunities to join a community where they can build 00:01:10.772 -- 00:01:13.858 their social connections in an active environment. 00:01:13.858 -- 00:01:18.747 The strength of...