vs

Side-by-side financial comparison of EQUITY LIFESTYLE PROPERTIES INC (ELS) and Tecnoglass Inc. (TGLS). Click either name above to swap in a different company.

EQUITY LIFESTYLE PROPERTIES INC is the larger business by last-quarter revenue ($397.6M vs $245.3M, roughly 1.6× Tecnoglass Inc.). On growth, EQUITY LIFESTYLE PROPERTIES INC posted the faster year-over-year revenue change (2.7% vs 2.4%). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% CAGR vs 2.3%).

Simon Media Properties, LLC, doing business as Simon Property Group, Inc., is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. As of December 31, 2024, it owned interests in 232 properties.

Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.

ELS vs TGLS — Head-to-Head

Bigger by revenue
ELS
ELS
1.6× larger
ELS
$397.6M
$245.3M
TGLS
Growing faster (revenue YoY)
ELS
ELS
+0.3% gap
ELS
2.7%
2.4%
TGLS
Faster 2-yr revenue CAGR
TGLS
TGLS
Annualised
TGLS
12.8%
2.3%
ELS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ELS
ELS
TGLS
TGLS
Revenue
$397.6M
$245.3M
Net Profit
$26.1M
Gross Margin
40.0%
Operating Margin
18.3%
Net Margin
10.6%
Revenue YoY
2.7%
2.4%
Net Profit YoY
-44.5%
EPS (diluted)
$0.56
$0.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ELS
ELS
TGLS
TGLS
Q1 26
$397.6M
Q4 25
$373.9M
$245.3M
Q3 25
$393.3M
$260.5M
Q2 25
$376.9M
$255.5M
Q1 25
$387.3M
$222.3M
Q4 24
$372.3M
$239.6M
Q3 24
$387.3M
$238.3M
Q2 24
$380.0M
$219.7M
Net Profit
ELS
ELS
TGLS
TGLS
Q1 26
Q4 25
$103.8M
$26.1M
Q3 25
$100.4M
$47.2M
Q2 25
$83.5M
$44.1M
Q1 25
$114.4M
$42.2M
Q4 24
$100.6M
$47.0M
Q3 24
$86.9M
$49.5M
Q2 24
$82.1M
$35.0M
Gross Margin
ELS
ELS
TGLS
TGLS
Q1 26
Q4 25
40.0%
Q3 25
42.7%
Q2 25
44.7%
Q1 25
43.9%
Q4 24
44.5%
Q3 24
45.8%
Q2 24
40.8%
Operating Margin
ELS
ELS
TGLS
TGLS
Q1 26
Q4 25
26.5%
18.3%
Q3 25
25.1%
25.1%
Q2 25
22.3%
24.0%
Q1 25
28.3%
26.7%
Q4 24
27.2%
28.0%
Q3 24
21.4%
28.4%
Q2 24
21.5%
23.3%
Net Margin
ELS
ELS
TGLS
TGLS
Q1 26
Q4 25
27.8%
10.6%
Q3 25
25.5%
18.1%
Q2 25
22.2%
17.3%
Q1 25
29.5%
19.0%
Q4 24
27.0%
19.6%
Q3 24
22.4%
20.8%
Q2 24
21.6%
15.9%
EPS (diluted)
ELS
ELS
TGLS
TGLS
Q1 26
$0.56
Q4 25
$0.52
$0.57
Q3 25
$0.50
$1.01
Q2 25
$0.42
$0.94
Q1 25
$0.57
$0.90
Q4 24
$0.51
$1.00
Q3 24
$0.44
$1.05
Q2 24
$0.42
$0.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ELS
ELS
TGLS
TGLS
Cash + ST InvestmentsLiquidity on hand
$104.1M
Total DebtLower is stronger
$174.4M
Stockholders' EquityBook value
$1.8B
$713.1M
Total Assets
$5.7M
$1.3B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELS
ELS
TGLS
TGLS
Q1 26
Q4 25
$104.1M
Q3 25
$127.1M
Q2 25
$140.9M
Q1 25
$160.2M
Q4 24
$137.5M
Q3 24
$124.8M
Q2 24
$129.5M
Total Debt
ELS
ELS
TGLS
TGLS
Q1 26
Q4 25
$3.3B
$174.4M
Q3 25
$114.7M
Q2 25
$110.6M
Q1 25
$110.6M
Q4 24
$3.2B
$111.1M
Q3 24
$126.8M
Q2 24
$144.7M
Stockholders' Equity
ELS
ELS
TGLS
TGLS
Q1 26
$1.8B
Q4 25
$1.8B
$713.1M
Q3 25
$1.8B
$764.0M
Q2 25
$1.7B
$736.0M
Q1 25
$1.7B
$685.1M
Q4 24
$1.7B
$631.2M
Q3 24
$1.4B
$613.3M
Q2 24
$1.4B
$574.8M
Total Assets
ELS
ELS
TGLS
TGLS
Q1 26
$5.7M
Q4 25
$5.7B
$1.3B
Q3 25
$5.7B
$1.2B
Q2 25
$5.7B
$1.2B
Q1 25
$5.6B
$1.1B
Q4 24
$5.6B
$1.0B
Q3 24
$5.6B
$996.3M
Q2 24
$5.6B
$942.5M
Debt / Equity
ELS
ELS
TGLS
TGLS
Q1 26
Q4 25
1.91×
0.24×
Q3 25
0.15×
Q2 25
0.15×
Q1 25
0.16×
Q4 24
1.84×
0.18×
Q3 24
0.21×
Q2 24
0.25×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ELS
ELS
TGLS
TGLS
Operating Cash FlowLast quarter
$31.0M
Free Cash FlowOCF − Capex
$11.4M
FCF MarginFCF / Revenue
4.7%
Capex IntensityCapex / Revenue
8.0%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELS
ELS
TGLS
TGLS
Q1 26
Q4 25
$571.1M
$31.0M
Q3 25
$147.0M
$40.0M
Q2 25
$131.3M
$17.9M
Q1 25
$193.4M
$46.9M
Q4 24
$596.7M
$61.1M
Q3 24
$149.5M
$41.5M
Q2 24
$143.1M
$34.5M
Free Cash Flow
ELS
ELS
TGLS
TGLS
Q1 26
Q4 25
$334.1M
$11.4M
Q3 25
$75.7M
$21.2M
Q2 25
$71.8M
$-14.7M
Q1 25
$148.2M
$16.5M
Q4 24
$355.4M
$35.4M
Q3 24
$91.1M
$17.8M
Q2 24
$80.6M
$14.2M
FCF Margin
ELS
ELS
TGLS
TGLS
Q1 26
Q4 25
89.4%
4.7%
Q3 25
19.3%
8.2%
Q2 25
19.1%
-5.7%
Q1 25
38.3%
7.4%
Q4 24
95.5%
14.8%
Q3 24
23.5%
7.5%
Q2 24
21.2%
6.5%
Capex Intensity
ELS
ELS
TGLS
TGLS
Q1 26
Q4 25
63.4%
8.0%
Q3 25
18.1%
7.2%
Q2 25
15.8%
12.7%
Q1 25
11.7%
13.7%
Q4 24
64.8%
10.7%
Q3 24
15.1%
9.9%
Q2 24
16.5%
9.2%
Cash Conversion
ELS
ELS
TGLS
TGLS
Q1 26
Q4 25
5.50×
1.19×
Q3 25
1.46×
0.85×
Q2 25
1.57×
0.41×
Q1 25
1.69×
1.11×
Q4 24
5.93×
1.30×
Q3 24
1.72×
0.84×
Q2 24
1.74×
0.98×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ELS
ELS

Rental income$339.0M85%
Other$37.2M9%
Annual membership subscriptions$18.3M5%
Membership upgrade revenue$3.1M1%

TGLS
TGLS

Product Sales$164.2M67%
Fixed Price Contracts$81.1M33%
Related Party$692.0K0%

Related Comparisons