SUI
Sun Communities Inc
NYSE: SUI · REAL ESTATE · REIT - RESIDENTIAL
$126.56
-1.36% today
Updated 2026-04-29
Market cap
$16.19B
P/E ratio
—
P/S ratio
6.92x
EPS (TTM)
$-0.49
Dividend yield
3.30%
52W range
$113 – $137
Volume
0.9M
Sun Communities Inc (SUI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $227.78M | $235.96M | $254.29M | $256.61M | $257.43M | $279.09M | $327.93M | $409.64M | $469.80M | $658.79M | $815.66M | $961.39M | $1.11B | $1.25B | $1.38B | $2.26B | $2.93B | $3.18B | $3.20B | $2.31B |
| Revenue growth (YoY) | — | +3.6% | +7.8% | +0.9% | +0.3% | +8.4% | +17.5% | +24.9% | +14.7% | +40.2% | +23.8% | +17.9% | +15.0% | +13.1% | +10.5% | +63.5% | +29.8% | +8.3% | +0.7% | -27.9% |
| Cost of revenue | $63.83M | $97.27M | $105.19M | $107.49M | $108.72M | $118.33M | $141.10M | $178.14M | $206.96M | $279.40M | $355.89M | $419.75M | $493.05M | $547.24M | $613.89M | $1.11B | $1.52B | $1.69B | $1.70B | $2.09B |
| Gross profit | $163.95M | $138.69M | $149.10M | $149.12M | $148.71M | $160.77M | $186.83M | $231.50M | $262.84M | $379.39M | $459.78M | $541.64M | $612.92M | $704.04M | $768.90M | $1.15B | $1.42B | $1.49B | $1.50B | $213.50M |
| Gross margin | 72.0% | 58.8% | 58.6% | 58.1% | 57.8% | 57.6% | 57.0% | 56.5% | 55.9% | 57.6% | 56.4% | 56.3% | 55.4% | 56.3% | 55.6% | 50.9% | 48.3% | 47.0% | 46.8% | 9.3% |
| R&D | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $22.95M | $20.70M | $16.42M | $17.67M | $24.81M | $27.27M | $28.35M | $35.85M | $37.39M | $47.45M | $63.66M | $83.97M | $81.43M | $92.78M | $109.62M | $181.30M | $257.40M | $272.10M | $295.30M | $236.70M |
| Operating income | $53.20M | $55.51M | $61.58M | $58.21M | $55.03M | $59.30M | $68.80M | $85.56M | $91.72M | $154.30M | $174.34M | $196.13M | $244.23M | $611.27M | $659.40M | $447.10M | $556.80M | $560.70M | $522.60M | $482.20M |
| Operating margin | 23.4% | 23.5% | 24.2% | 22.7% | 21.4% | 21.2% | 21.0% | 20.9% | 19.5% | 23.4% | 21.4% | 20.4% | 22.1% | 48.9% | 47.7% | 19.8% | 19.0% | 17.6% | 16.3% | 20.9% |
| EBITDA | $116.64M | $121.51M | $119.45M | $125.73M | $131.29M | $141.75M | $169.10M | $207.04M | $242.92M | $452.65M | $375.84M | $474.80M | $541.76M | $604.60M | $666.70M | $1.10B | $1.11B | $771.60M | $1.10B | $683.80M |
| EBITDA margin | 51.2% | 51.5% | 47.0% | 49.0% | 51.0% | 50.8% | 51.6% | 50.5% | 51.7% | 68.7% | 46.1% | 49.4% | 49.0% | 48.3% | 48.2% | 48.7% | 37.7% | 24.3% | 34.5% | 29.7% |
| EBIT | $53.20M | $55.51M | $52.49M | $58.21M | $64.42M | $68.26M | $82.61M | $101.83M | $111.92M | $278.06M | $156.57M | $216.70M | $265.69M | $297.33M | $299.70M | $577.90M | $503.90M | $111.60M | $422.20M | $175.90M |
| Interest expense | $48.02M | $65.54M | $3.38M | $62.78M | $65.43M | $67.94M | $71.18M | $76.58M | $76.98M | $110.88M | $122.31M | $130.24M | $132.78M | $137.85M | $133.25M | $162.80M | $234.00M | $329.10M | $350.40M | $224.50M |
| Income tax | $74.32M | $768000.00 | $336000.00 | $413000.00 | $512000.00 | $150000.00 | $249000.00 | $234000.00 | $219000.00 | $1.16M | $283000.00 | $-136000.00 | $88000.00 | $873000.00 | $-800000.00 | $1.30M | $6.10M | $-8.40M | $-35.30M | — |
| Effective tax rate | 150.6% | -4.8% | -1.0% | -7.0% | -21.6% | -16.0% | 4.0% | 1.4% | 0.8% | 0.7% | 1.1% | -0.2% | 0.1% | 0.5% | -0.6% | 0.3% | 2.5% | 3.8% | -65.7% | 0.0% |
| Net income | $-24.97M | $-16.64M | $-34.45M | $-6.30M | $-2.88M | $-1.09M | $5.98M | $16.67M | $28.51M | $155.45M | $26.32M | $72.18M | $107.23M | $161.55M | $131.61M | $380.20M | $242.00M | $-213.30M | $89.00M | $1.37B |
| Net income growth (YoY) | — | +33.3% | -107.0% | +81.7% | +54.3% | +62.3% | +651.0% | +178.5% | +71.1% | +445.3% | -83.1% | +174.3% | +48.6% | +50.7% | -18.5% | +188.9% | -36.3% | -188.1% | +141.7% | +1443.6% |
| Profit margin | -11.0% | -7.1% | -13.5% | -2.5% | -1.1% | -0.4% | 1.8% | 4.1% | 6.1% | 23.6% | 3.2% | 7.5% | 9.7% | 12.9% | 9.5% | 16.8% | 8.2% | -6.7% | 2.8% | 59.6% |