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SUI · Sun Communities Inc · Financials

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$118.08 +2.17 (+1.87%) At close · Oct 16
Market Cap
$14.55B
Shares
123.23M
Volume · Oct 16 1.12M Avg daily vol (3M) 1.6M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$2.31B +2%
FY2025 Revenue FY2011–FY2025
Net Income
$1.41B +1264.8%
FY2025 Net Income FY2011–FY2025
Gross Margin
89.52% -1.4pp
FY2022 Gross Margin FY2018–FY2022
Operating Margin
56.07% +0.1pp
FY2017 Operating Margin FY2011–FY2017
Diluted EPS
$10.84 +1426.8%
FY2025 Diluted EPS FY2012–FY2025
Operating Cash Flow
$864.2M +0.4%
FY2025 Operating Cash Flow FY2011–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
— $2.34B $2.31B $2.26B $2.28B $2.97B $2.27B $1.4B $1.26B $1.13B $982.57M $833.78M $674.73M $471.68M $415.22M $339.62M $289.19M
— — — — — — — — — — — — — — $10.6M — —
— $1.8B $1.77B $1.7B $1.63B $1.9B $1.6B $3.3M $1.25M — — — — — — — —
— — — — — $311.2M $205.8M $147.1M $149.11M $123.33M — — — — — — —
— — — — — $2.66B $2.07B $1.25B $1.11B $1B — — — — — — —
— — — — — 89.52% 90.94% 89.48% 88.2% 89.05% — — — — — — —
— — — — — — — $22.19M $22M $23.1M $22M $24.29M $24.96M $23.27M $20.44M $18.14M $16.2M
— $249.2M $236.7M $230.5M $213.5M $257.4M $181.3M $109.5M $92.78M $81.44M $74.71M $64.09M $54.93M $42.62M $35.85M $29.02M $27.86M
— $12.9M $12.9M $13.3M $17.1M $36.9M $43.5M $21.4M $15.73M $14.24M $14.92M $12.69M $8.82M $3.94M $4.86M — —
— $516.7M $507.9M $490.5M $494.1M $601.8M $522.7M $376.9M $328.07M $287.26M $261.54M $221.77M $177.64M $133.73M $110.08M $86.49M $73.48M
— — $1.2M $23.6M -$3.4M $11.2M $0 — $0 $0 $742K $0 $0 $837K — — —
— $2.51B $2.53B $2.41B $2.48B $2.66B $1.99B $1.26B $1.12B $997.13M $909.87M $796.68M $635.98M $461.57M $397.09M $335.27M $291.67M
— — — — — — — — — — $550.95M $466.91M $384.65M $261.82M $229.8M $186.39M $159.83M
— — — — — — — — — — 56.07% 56% 57.01% 55.51% 55.34% 54.88% 55.27%
— — — — — — — — — — $812.48M $688.68M $562.28M $395.55M $339.87M $272.88M $233.31M
— — — — — — — — — $127.13M $127.13M $119.16M $107.66M $73.77M $73.34M $71.18M $67.94M
— $51.5M $48.5M $20.1M $44.8M $35.2M $12.2M $10.1M $17.86M $20.85M $21.18M $18.11M $15.94M $14.46M $13.07M — —
— $124.4M $133.9M -$6.8M -$7.3M -$2.1M -$12.1M -$5.2M -$1.7M -$6.45M $8.98M -$5.85M — — — $12K $416K
— $6.4M $5.1M $202.9M $11M $12.2M $108.1M $5.6M $0 — $0 $0 $125.38M $17.65M $867K $99K $0
— $19.5M $16.4M $9.5M $16M $2.9M $4M $1.7M $1.37M $582K $582K $400K — — — $0 —
— — -$257.4M -$122.9M -$54.4M — $284.85M $135.62M $139.86M $129.69M $72.7M $37.1M $38.76M $10.11M $18.13M $4.34M -$2.49M
— — -$49.2M -$36M -$9.2M $6.1M $1.3M -$800K $873K $88K -$136K $283K $1M $219K $234K $249K $150K
— $1.45B $1.41B $103.6M -$206.9M $261.4M $408.3M $131.61M $161.55M $107.23M $72.18M $26.32M $155.45M $28.51M $16.67M $4.96M -$1.09M
— — 61.31% 4.58% -9.06% 8.8% 17.97% 9.41% 12.78% 9.52% 7.35% 3.16% 23.04% 6.04% 4.01% 1.46% -0.38%
— $58M $56.4M $5.3M -$8.1M $10.8M $21.5M $8.9M -$9.77M — — — — — — $0 —
— $1.4B $1.36B $89M -$213.3M $242M $380.2M $131.6M $160.27M $105.49M $65.02M $17.37M $137.33M $22.38M $10.61M $4.96M —
— $1.43B $1.41B $81.7M -$178.9M $240M $392.2M $143.1M $170.78M $106.11M $81.05M $28.14M $160.42M $31.81M $19.76M $8.89M $1.09M
USD/shares — $11.11 $10.84 $0.71 -$1.71 $2.00 $3.36 $1.34 $1.80 $1.29 $0.85 $0.27 $2.53 $0.54 $0.31 $0.18 —
USD/shares $2.16 – $2.36 $11.11 $10.84G $0.71 -$1.72 $2.00 $3.36 $1.34 $1.80 $1.29 $0.85 $0.26 $2.52 $0.54 $0.31 $0.18 —
shares — — 124.9M 124.5M 123.4M 120.2M 112.6M 97.5M 88.46M 81.39M 76.08M 65.86M 53.69M 41.34M 34.73M 27.26M 21.15M
shares — — 124.9M 127.2M 123.8M 122.9M 115.1M 97.5M 88.92M 82.04M 76.71M 66.32M 53.7M 41.81M 34.75M 27.27M 21.15M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2023–FY2025: $539.1M in buybacks.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Finance lease liabilities 2026-03-31 USD 9,100,000 10-Q filed 2026-04-28
Loans payable, including current maturities 2026-03-31 USD 2,417,500,000 10-Q filed 2026-04-28
Operating lease liabilities 2026-03-31 USD 36,400,000 10-Q filed 2026-04-28
Secured debt, including current maturities 2026-03-31 USD 2,459,100,000 10-Q filed 2026-04-28
Unsecured debt, including current maturities 2026-03-31 USD 1,787,100,000 10-Q filed 2026-04-28
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
9.34×
Peer median 9.57×
EV/EBIT
—
Peer median 30.66×
P/E (TTM common income)
10.43×
Peer median 27.98×
P/FFO (FY2025)
16.68×
Peer median 15.69×

Peer medians compare against the 11 similar-size REIT - Residential companies (of 21 listed).

P/FFO uses the company-stated “Core FFO”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.

Valuation over time computed as of each quarter's filing date

P/FFO uses the company-stated “Core FFO”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
MH $1,137,800,000 $1,114,900,000 $1,104,500,000 $1,138,400,000 $1,082,600,000 $919,200,000 $871,253,000 —
RV $668,600,000 $680,700,000 $698,800,000 $707,200,000 $624,600,000 $431,200,000 $381,696,000 —
UK Segment $427,200,000 $409,900,000 $382,400,000 $335,600,000 — — — —
Home Sales and Home Rentals Segment — — — — — $238,345,000 $239,508,000 $219,688,000
Marinas — $960,600,000 $940,400,000 $788,500,000 $565,400,000 $47,900,000 $0 —
Real Property Operations Segment — — — — — $1,160,002,000 $1,024,529,000 $907,137,000
RV Segment — — — — $624,621,000 $431,223,000 $392,784,000 —

By Product & Service (USD)

Component FY2022 FY2021 FY2020 FY2019 FY2018
Income from Real Property $1,902,200,000 $1,598,200,000 $1,130,100,000 $1,004,746,000 $825,973,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
MH $708,500,000 $667,500,000 $652,400,000 $633,400,000 $621,000,000 $539,700,000 $501,743,000 —
RV $317,700,000 $327,500,000 $340,800,000 $330,000,000 $287,600,000 $199,900,000 $183,070,000 —
UK Segment $130,600,000 $140,700,000 $127,000,000 $129,200,000 — — — —
Home Sales and Home Rentals Segment — — — — — $84,275,000 $83,156,000 $73,051,000
Marinas — $322,800,000 $312,000,000 $288,500,000 $212,300,000 $17,500,000 $0 —
Real Property Operations Segment — — — — — $687,848,000 $616,855,000 $549,385,000

Operating Margin by Segment (%)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
MH 62.3% 59.9% 59.1% 55.6% 57.4% 58.7% 57.6% —
RV 47.5% 48.1% 48.8% 46.7% 46% 46.4% 48% —
UK Segment 30.6% 34.3% 33.2% 38.5% — — — —
Home Sales and Home Rentals Segment — — — — — 35.4% 34.7% 33.3%
Marinas — 33.6% 33.2% 36.6% 37.5% 36.5% — —
Real Property Operations Segment — — — — — 59.3% 60.2% 60.6%
Key facts CIK 912593 CUSIP 866674104 13F (30d) 60 filings 50 filers Visit website Investor relations