8-K Announcements
6Apr 27, 2026·SEC
Mar 27, 2026·SEC
Mar 9, 2026·SEC
Sun Communities, Inc. (SUI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Sun Communities, Inc. (SUI) stock price & volume — 10-year historical chart
Sun Communities, Inc. (SUI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Sun Communities, Inc. (SUI) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 27, 2026 | $0.07vs $1.31-105.3% | $508Mvs $472M+7.5% |
| Q1 2026 | Feb 24, 2026 | $0.99vs $0.39+153.0% | $515Mvs $505M+2.1% |
| Q4 2025 | Oct 29, 2025 | $2.28vs $2.18+4.6% | $697Mvs $509M+36.9% |
| Q3 2025 | Jul 30, 2025 | $1.76vs $1.67+5.4% | $607Mvs $713M-14.9% |
Sun Communities, Inc. (SUI) competitors in Manufactured housing and RV communities — business model, growth, and fundamentals comparison
Sun Communities, Inc. (SUI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Sun Communities, Inc. (SUI) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 961.39M | 1.11B | 1.25B | 1.38B | 2.26B | 2.93B | 3.18B | 3.2B | 2.31B | 2.32B |
| Revenue Growth % | 17.87% | 15.04% | 13.14% | 10.51% | 63.47% | 29.82% | 8.34% | 0.67% | -27.94% | -22.51% |
| Property Operating Expenses | 419.75M | 493.05M | 547.24M | 613.89M | 1.11B | 1.52B | 1.69B | 1.7B | 2.09B | 1.12B |
| Net Operating Income (NOI) | 541.64M▲ 0% | 612.92M▲ 13.2% | 704.04M▲ 14.9% | 768.91M▲ 9.2% | 1.15B▲ 49.7% | 1.42B▲ 23.0% | 1.49B▲ 5.4% | 1.5B▲ 0.4% | 213.5M▼ 85.8% | 1.21B▲ 0% |
| NOI Margin % | 56.34% | 55.42% | 56.27% | 55.61% | 50.92% | 48.25% | 46.96% | 46.83% | 9.26% | 51.93% |
| Operating Expenses | 345.51M | 368.69M | 92.78M | 109.5M | 704M | 859.2M | 932.1M | 976M | -268.7M | 650M |
| G&A Expenses | 83.97M | 81.43M | 92.78M | 109.62M | 181.3M | 257.4M | 272.1M | 295.3M | 236.7M | 248.1M |
| EBITDA | 454.24M | 520.3M | 918.54M | 1.03B | 969.8M | 1.16B | 1.22B | 1.2B | 990.1M | 1.07B |
| EBITDA Margin % | 47.25% | 47.04% | 73.41% | 74.23% | 42.9% | 39.48% | 38.4% | 37.6% | 42.93% | 46.01% |
| Depreciation & Amortization | 258.11M | 276.07M | 307.28M | 367M | 522.7M | 601.8M | 660M | 680.7M | 507.9M | 512.5M |
| D&A / Revenue % | 26.85% | 24.96% | 24.56% | 26.54% | 23.12% | 20.51% | 20.76% | 21.27% | 22.02% | 22.05% |
| Operating Income | 196.13M▲ 0% | 244.23M▲ 24.5% | 611.27M▲ 150.3% | 659.4M▲ 7.9% | 447.1M▼ 32.2% | 556.8M▲ 24.5% | 560.7M▲ 0.7% | 522.6M▼ 6.8% | 482.2M▼ 7.7% | 557M▲ 0% |
| Operating Margin % | 20.4% | 22.08% | 48.85% | 47.69% | 19.78% | 18.97% | 17.64% | 16.33% | 20.91% | 23.96% |
| Interest Expense | 130.24M | 132.78M | 137.85M | 133.25M | 162.8M | 234M | 329.1M | 350.4M | 224.5M | 4M |
| Interest Coverage | 1.64x | 1.92x | 2.16x | 2.25x | 3.55x | 2.15x | 0.34x | 1.20x | 0.78x | - |
| Non-Operating Income | -17.13M | -10.27M | 313.94M | 359.7M | -130.8M | 52.9M | 449.1M | 100.4M | 306.3M | 317.8M |
| Pretax Income | 81.68M▲ 0% | 120.25M▲ 47.2% | 178.25M▲ 48.2% | 146.6M▼ 17.8% | 415.1M▲ 183.2% | 269.9M▼ 35.0% | -217.5M▼ 180.6% | 71.8M▲ 133.0% | -48.6M▼ 167.7% | 167.9M▲ 0% |
| Pretax Margin % | 8.5% | 10.87% | 14.25% | 10.6% | 18.36% | 9.2% | -6.84% | 2.24% | -2.11% | 7.22% |
| Income Tax | -136K | 88K | 873K | -800K | 1.3M | 6.1M | -8.4M | -35.3M | -49.2M | 28.9M |
| Effective Tax Rate % | -0.17% | 0.07% | 0.49% | -0.55% | 0.31% | 2.26% | 3.86% | -49.16% | 101.23% | 17.21% |
| Net Income | 72.18M▲ 0% | 107.23M▲ 48.6% | 161.55M▲ 50.7% | 131.61M▼ 18.5% | 380.2M▲ 188.9% | 242M▼ 36.3% | -213.3M▼ 188.1% | 89M▲ 141.7% | 1.37B▲ 1443.6% | 1.55B▲ 0% |
| Net Margin % | 7.51% | 9.7% | 12.91% | 9.52% | 16.82% | 8.25% | -6.71% | 2.78% | 59.57% | 66.87% |
| Net Income Growth % | 174.3% | 48.55% | 50.66% | -18.53% | 188.88% | -36.35% | -188.14% | 141.73% | 1443.6% | 1926.47% |
| Funds From Operations (FFO) | 330.29M▲ 0% | 383.3M▲ 16.0% | 468.83M▲ 22.3% | 498.61M▲ 6.4% | 902.9M▲ 81.1% | 843.8M▼ 6.5% | 446.7M▼ 47.1% | 769.7M▲ 72.3% | 1.88B▲ 144.5% | 2.07B▲ 0% |
| FFO Margin % | 34.36% | 34.66% | 37.47% | 36.06% | 39.94% | 28.75% | 14.05% | 24.05% | 81.6% | 88.92% |
| FFO Growth % | 34.49% | 16.05% | 22.31% | 6.35% | 81.08% | -6.55% | -47.06% | 72.31% | 144.47% | 1245.07% |
| FFO per Share | 4.31 | 4.67 | 5.30 | 5.11 | 8.02 | 6.87 | 3.61 | 6.05 | 15.07 | 16.47 |
| FFO Payout Ratio % | 67.97% | 63.35% | 59.02% | 62.79% | 43.28% | 51.46% | 106.65% | 64.01% | 55.5% | 44.46% |
| EPS (Diluted) | 0.85▲ 0% | 1.31▲ 54.1% | 1.83▲ 39.7% | 1.34▼ 26.8% | 3.36▲ 150.7% | 2.00▼ 40.5% | -1.72▼ 186.0% | 0.71▲ 141.3% | 10.84▲ 1426.8% | 12.38▲ 0% |
| EPS Growth % | 226.92% | 54.12% | 39.69% | -26.78% | 150.75% | -40.48% | -186% | 141.28% | 1426.76% | 1675.81% |
| EPS (Basic) | 0.85 | 1.32 | 1.83 | 1.34 | 3.36 | 2.00 | -1.73 | 0.71 | 10.84 | - |
| Diluted Shares Outstanding | 76.71M | 82.04M | 88.46M | 97.52M | 112.6M | 122.9M | 123.8M | 127.2M | 124.9M | 125.5M |
Sun Communities, Inc. (SUI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 6.11B | 6.71B | 7.8B | 11.21B | 13.49B | 17.08B | 16.94B | 16.55B | 12.52B | 12.36B |
| Asset Growth % | 4.11% | 9.79% | 16.27% | 43.64% | 20.41% | 26.61% | -0.84% | -2.31% | -24.33% | -95.98% |
| Real Estate & Other Assets | 47.85M | 260.99M | 100.83M | 194.66M | 11.91B | 374.8M | 278.6M | 14.81B | -6.9M | 191.8M |
| PP&E (Net) | 5.65B | 6.12B | 52.12M | 9.79B | 0 | 14.25B | 14.71B | 0 | 0 | 10.9B |
| Investment Securities | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 0 | 0 |
| Total Current Assets | 332.3M | 366.51M | 349.54M | 485.66M | 785.8M | 1.04B | 726.1M | 728.8M | 1.15B | 1.15B |
| Cash & Equivalents | 10.13M | 50.31M | 34.83M | 77.34M | 65.8M | 72.8M | 29.2M | 47.4M | 636.1M | 636.1M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 0 | 0 | 0 | 15.3M | 12.4M | 17.6M | 13.5M | 16.4M | 0 | 0 |
| Intangible Assets | 86.45M | 88.3M | 66.95M | 305.61M | 306.8M | 402M | 369.5M | 338.9M | 11.37B | 101.5M |
| Total Liabilities | 3.45B | 3.54B | 3.9B | 5.58B | 6.76B | 9.2B | 9.77B | 9.36B | 5.33B | 5.41B |
| Total Debt | 3.04B | 3.05B | 3.36B | 4.69B | 5.6B | 7.13B | 7.78B | 7.35B | 1.83B | 4.22B |
| Net Debt | 3.03B | 2.99B | 3.33B | 4.61B | 5.54B | 7.06B | 7.75B | 7.31B | 1.19B | 3.58B |
| Long-Term Debt | 3B | 2.92B | 3.18B | 3.49B | 4.57B | 5B | 5.71B | 5.94B | 1.83B | 4.22B |
| Short-Term Borrowings | 41.26M | 128M | 183.9M | 1.2B | 1.03B | 2.13B | 2.07B | 1.41B | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 228.69M | 431.23M | 516.31M | 1.62B | 1.61B | 2.99B | 2.84B | 2.18B | 3.04B | 615.1M |
| Accounts Payable | 0 | 106.28M | 127.29M | 148.44M | 0 | 0 | 0 | 0 | 2.56B | 228.1M |
| Deferred Revenue | 132.21M | 133.7M | 133.42M | 187.73M | 242.8M | 352.1M | 344.5M | 331M | 255.9M | 255.9M |
| Other Liabilities | 90.84M | 54.09M | 68.69M | 281.21M | 582.9M | 1.21B | 1.21B | 1.24B | 459.6M | 320.6M |
| Total Equity | 2.66B▲ 0% | 3.17B▲ 18.9% | 3.88B▲ 22.4% | 5.63B▲ 45.2% | 6.73B▲ 19.6% | 7.89B▲ 17.2% | 7.17B▼ 9.1% | 7.19B▲ 0.3% | 7.19B▼ 0.0% | 6.96B▲ 0% |
| Equity Growth % | 12.76% | 18.91% | 22.37% | 45.19% | 19.61% | 17.2% | -9.07% | 0.28% | -0.05% | 0.85% |
| Shareholders Equity | 2.6B | 3.11B | 3.82B | 5.53B | 6.62B | 7.81B | 7.08B | 7.08B | 7.07B | 6.84B |
| Minority Interest | 65.26M | 60.5M | 56.23M | 102.05M | 106.7M | 78.7M | 90.2M | 111.1M | 116.7M | 116.7M |
| Common Stock | 797K | 864K | 932K | 1.08M | 1.2M | 1.2M | 1.2M | 1.3M | 1.2M | 1.2M |
| Additional Paid-in Capital | 3.76B | 4.4B | 5.21B | 7.09B | 8.18B | 9.55B | 9.47B | 9.86B | 9.56B | 9.56B |
| Retained Earnings | -1.16B | -1.29B | -1.39B | -1.57B | -1.56B | -1.73B | -2.4B | -2.78B | -2.63B | -2.63B |
| Preferred Stock | 43.07M | 41.62M | 50.91M | 264.38M | 288.88M | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | 1.2% | 1.67% | 2.23% | 1.38% | 3.08% | 1.58% | -1.25% | 0.53% | 9.45% | 12.18% |
| Return on Equity (ROE) | 2.87% | 3.68% | 4.59% | 2.77% | 6.15% | 3.31% | -2.83% | 1.24% | 19.1% | 21.6% |
| Debt / Assets | 49.7% | 45.48% | 43.12% | 41.83% | 41.51% | 41.72% | 45.91% | 44.43% | 14.61% | 34.11% |
| Debt / Equity | 1.14x | 0.96x | 0.87x | 0.83x | 0.83x | 0.90x | 1.08x | 1.02x | 0.25x | 0.25x |
| Net Debt / EBITDA | 6.67x | 5.75x | 3.62x | 4.49x | 5.71x | 6.09x | 6.35x | 6.07x | 1.21x | 1.21x |
| Book Value per Share | 34.72 | 38.61 | 43.82 | 57.70 | 59.77 | 64.19 | 57.94 | 56.55 | 57.56 | 55.43 |
Sun Communities, Inc. (SUI) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 261.75M | 363.11M | 521.2M | 554.03M | 770.5M | 752.2M | 807.9M | 888.8M | 864.2M | 864.2M |
| Operating CF Growth % | 4.73% | 38.73% | 43.54% | 6.3% | 39.07% | -2.38% | 7.4% | 10.01% | -2.77% | 17.11% |
| Operating CF / Revenue % | 27.23% | 32.83% | 41.65% | 40.07% | 34.09% | 25.63% | 25.41% | 27.77% | 37.47% | 37.18% |
| Net Income | 72.64M | 106.4M | 160.38M | 130.82M | 389.9M | 251.6M | -199.2M | 101.4M | 1.36B | 1.55B |
| Depreciation & Amortization | 261.54M | 287.26M | 328.07M | 376.88M | 522.7M | 600.3M | 660M | 680.7M | 507.9M | 751.7M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37.4M | 0 |
| Other Non-Cash Items | -7.93M | 7.96M | 25.76M | 19.73M | -111.4M | 106.5M | 491.5M | 96.2M | -970.1M | 27.8M |
| Working Capital Changes | -64.49M | -38.51M | 6.99M | 26.6M | -30.7M | -206.2M | -144.4M | 10.5M | -12.2M | 0 |
| Cash from Investing | -401.64M | -733.74M | -1.05B | -2.5B | -2.35B | -3.08B | -935M | -295.2M | 4.93B | 4.82B |
| Acquisitions (Net) | -120.38M | -320.27M | -472.68M | -1.95B | -1.65B | -2.21B | -51.4M | -68.8M | -461.7M | -499.7M |
| Purchase of Investments | -288.54M | -473.43M | -630M | -585.76M | -987.6M | -1.03B | -1.08B | -684.7M | -461.8M | -351.6M |
| Sale of Investments | 8.57M | 55.85M | 61.34M | 68.01M | 281.2M | 158.7M | 186.5M | 451.7M | 265.4M | 140.1M |
| Other Investing | -1.3M | 4.1M | -13.58M | -33.48M | 0 | 0 | 10.8M | 6.6M | 5.58B | 5.53B |
| Cash from Financing | 141.56M | 409.9M | 505.88M | 2B | 1.57B | 2.35B | 78.4M | -571.6M | -5.22B | -5.32B |
| Dividends Paid | -224.48M | -242.81M | -276.7M | -313.14M | -390.8M | -434.2M | -476.4M | -492.7M | -1.04B | -918.9M |
| Common Dividends | -224.48M | -242.81M | -276.7M | -313.1M | -390.8M | -434.2M | -476.4M | -492.7M | -1.04B | -918.9M |
| Debt Issuance (Net) | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -3M |
| Share Repurchases | -114.16M | -4.11M | -2.67M | -2M | 0 | 0 | -12.8M | 0 | -539.1M | -599.2M |
| Other Financing | -9.67M | -4.15M | -17.22M | -6.23M | -43.9M | -57.3M | -6.6M | -15M | -61.8M | 3.19B |
| Net Change in Cash | 1.96M▲ 0% | 38.75M▲ 1874.2% | -27.43M▼ 170.8% | 57.81M▲ 310.7% | -14.4M▼ 124.9% | 12.2M▲ 184.7% | -47.7M▼ 491.0% | 21.2M▲ 144.4% | 579M▲ 2631.1% | 399.6M▲ 0% |
| Exchange Rate Effect | 298K | -523K | 411K | 189K | -200K | -8.7M | 1M | -800K | 8.4M | 13M |
| Cash at Beginning | 8.16M | 23.51M | 62.26M | 34.83M | 92.6M | 78.2M | 90.4M | 42.7M | 57.1M | 636.1M |
| Cash at End | 10.13M | 62.26M | 34.83M | 92.64M | 78.2M | 90.4M | 42.7M | 63.9M | 636.1M | 497M |
| Free Cash Flow | 261.75M▲ 0% | 363.11M▲ 38.7% | 521.2M▲ 43.5% | 554.03M▲ 6.3% | 770.5M▲ 39.1% | 752.2M▼ 2.4% | 807.9M▲ 7.4% | 888.8M▲ 10.0% | 864.2M▼ 2.8% | 884.1M▲ 0% |
| FCF Growth % | 4.73% | 38.73% | 43.54% | 6.3% | 39.07% | -2.38% | 7.4% | 10.01% | -2.77% | -0.67% |
| FCF / Revenue % | 27.23% | 32.83% | 41.65% | 40.07% | 34.09% | 25.63% | 25.41% | 27.77% | 37.47% | 38.04% |
Sun Communities, Inc. (SUI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 4.31 | 4.67 | 5.3 | 5.11 | 8.02 | 6.87 | 3.61 | 6.05 | 15.07 | 16.47 |
| FFO Payout Ratio | 67.97% | 63.35% | 59.02% | 62.79% | 43.28% | 51.46% | 106.65% | 64.01% | 55.5% | 44.46% |
| NOI Margin | 56.34% | 55.42% | 56.27% | 55.61% | 50.92% | 48.25% | 46.96% | 46.83% | 9.26% | 51.93% |
| Net Debt / EBITDA | 6.67x | 5.75x | 3.62x | 4.49x | 5.71x | 6.09x | 6.35x | 6.07x | 1.21x | 1.21x |
| Debt / Assets | 49.7% | 45.48% | 43.12% | 41.83% | 41.51% | 41.72% | 45.91% | 44.43% | 14.61% | 34.11% |
| Interest Coverage | 1.64x | 1.92x | 2.16x | 2.25x | 3.55x | 2.15x | 0.34x | 1.20x | 0.78x | - |
| Book Value / Share | 34.72 | 38.61 | 43.82 | 57.7 | 59.77 | 64.19 | 57.94 | 56.55 | 57.56 | 55.43 |
| Revenue Growth | 17.87% | 15.04% | 13.14% | 10.51% | 63.47% | 29.82% | 8.34% | 0.67% | -27.94% | -22.51% |
Sun Communities, Inc. (SUI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 27, 2026·SEC
Mar 27, 2026·SEC
Mar 9, 2026·SEC
Sun Communities, Inc. (SUI) stock FAQ — growth, dividends, profitability & financials explained
Sun Communities, Inc. (SUI) reported $2.32B in revenue for fiscal year 2025. This represents a 3075% increase from $73.2M in 1996.
Sun Communities, Inc. (SUI) saw revenue decline by 27.9% over the past year.
Yes, Sun Communities, Inc. (SUI) is profitable, generating $1.55B in net income for fiscal year 2025 (59.6% net margin).
Yes, Sun Communities, Inc. (SUI) pays a dividend with a yield of 6.67%. This makes it attractive for income-focused investors.
Sun Communities, Inc. (SUI) has a return on equity (ROE) of 19.1%. This is reasonable for most industries.
Sun Communities, Inc. (SUI) generated Funds From Operations (FFO) of $2.07B in the trailing twelve months. FFO is the primary profitability metric for REITs.
Sun Communities, Inc. (SUI) offers a 6.67% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
Sun Communities, Inc. (SUI) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates