SUI
$110.00-0.70%
as of close, Oct 1, 2026
☾ AH $110.00 -0.70%
Sun Communities Inc.Stock · Real EstateUS REITs 0.8%Russell 1000 0.02%US Stock Market 0.02%Russell 3000 0.02%MSCI World 0.02%MSCI ACWI 0.01%
SUI financial statements
The full income statement, balance sheet, and cash-flow statement for Sun Communities Inc. (SUI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-03 124.6M2024-06 124.7M2024-09 127.4M2024-12 127.4M2025-03 127.6M2025-06 125.2M2025-09 123.7M2025-12 123.2M2026-03 123.2M-1.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 2.31B+2.0% | 2.26B-1.0% | 2.28B-23.1% | 2.97B+30.7% | 2.27B+62.5% | |
| Cost of revenue | — | — | — | 311M+51.2% | 206M+39.9% | |
| Selling, general & administrative | 237M+2.7% | 231M+8.0% | 214M-17.1% | 257M+42.0% | 181M+65.6% | |
| General & administrative | 237M+2.7% | 231M+8.0% | 214M-17.1% | 257M+42.0% | 181M+65.6% | |
| Amortization of intangibles | 12.9M-3.0% | 13.3M-22.2% | 17.1M-53.7% | 36.9M-15.2% | 43.5M+103.3% | |
| Interest expense | 221M-36.9% | 350M+7.6% | 326M+41.7% | 230M+44.9% | 159M+22.9% | |
| Interest & investment income | 48.5M+141.3% | 20.1M-55.1% | 44.8M+27.3% | 35.2M+188.5% | 12.2M+20.8% | |
| Other non-operating income | 134M+2069.1% | -6.80M+6.8% | -7.30M-247.6% | -2.10M+82.6% | -12.1M-132.7% | |
| Equity-method income | 16.4M+72.6% | 9.50M-40.6% | 16.0M+451.7% | 2.90M-27.5% | 4.00M+135.3% | |
| Pre-tax income | -257M-109.4% | -123M-125.9% | -54.4M | — | 285M+110.0% | |
| Income tax | -49.2M-36.7% | -36.0M-291.3% | -9.20M-250.8% | 6.10M+369.2% | 1.30M+262.5% | |
| 1.41B+1220.2% | 107M+151.8% | -207M-179.2% | 261M-36.0% | 408M+210.2% | ||
| Discontinued operations | 1.43B+1826.7% | 74.2M-9.8% | 82.3M | — | — | |
| Net income to non-controlling interest | 56.4M+964.2% | 5.30M+165.4% | -8.10M-175.0% | 10.8M-49.8% | 21.5M+141.6% | |
| Net income to common | 1.36B+1429.4% | 89.0M+141.7% | -213M-188.1% | 242M-36.3% | 380M+188.9% | |
| $10.84+1426.8% | $0.71+141.3% | -$1.72-186.0% | $2.00-40.5% | $3.36+150.7% | ||
| EPS (basic) | $10.84+1426.8% | $0.71+141.5% | -$1.71-185.5% | $2.00-40.5% | $3.36+150.7% | |
| Weighted-avg shares (basic) | 125M+0.3% | 125M+0.9% | 123M+2.7% | 120M+6.7% | 113M+15.5% | |
| Weighted-avg shares (diluted) | 125M-1.8% | 127M+2.7% | 124M+0.7% | 123M+6.8% | 115M+18.1% | |
| Dividends per share | $7.96+112.3% | $3.75+2.2% | $3.67+5.8% | $3.47+5.8% | $3.28+5.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 570M+1089.1% | 47.9M+64.0% | 29.2M-59.9% | 72.8M+10.6% | 65.8M-14.9% | |
| 12.5B-24.3% | 16.5B-2.3% | 16.9B-0.8% | 17.1B+26.6% | 13.5B+20.4% | ||
| Operating lease right-of-use | 59.9M+14.3% | 52.4M-70.2% | 176M-7.1% | 189M+37.0% | 138M | |
| Goodwill | 9.50M+0.0% | 9.50M-98.7% | 733M-28.0% | 1.02B+105.6% | 495M+15.5% | |
| Intangible assets | 102M-1.0% | 103M-72.3% | 370M-8.1% | 402M+31.0% | 307M+0.4% | |
| 5.19B-42.9% | 9.10B-4.3% | 9.51B+5.7% | 8.99B+38.9% | 6.47B+21.8% | ||
| Long-term debt | 1.79B-75.8% | 7.39B-5.5% | 7.82B+8.0% | 7.24B+126865.9% | 5.70M-13.7% | |
| Operating lease liability (total) | 39.0M+13.0% | 34.5M-78.4% | 160M-0.5% | 160M+24.1% | 129M+158.6% | |
| Finance lease liability (total) | 10.6M-25.4% | 14.2M-0.7% | 14.3M-4.7% | 15.0M+257.1% | 4.20M-3.1% | |
| 6.96B-1.8% | 7.08B-0.0% | 7.08B-9.3% | 7.81B+17.9% | 6.62B+19.9% | ||
| Common stock | 1.20M-7.7% | 1.30M+8.3% | 1.20M+0.0% | 1.20M+0.0% | 1.20M+11.5% | |
| Additional paid-in capital | 9.56B-3.1% | 9.86B+4.2% | 9.47B-0.9% | 9.55B+16.8% | 8.18B+15.3% | |
| Accumulated other comprehensive income | 26.5M+435.4% | -7.90M-164.8% | 12.2M+223.2% | -9.90M-419.4% | 3.10M-2.5% | |
| Non-controlling interest | 117M+5.0% | 111M+23.2% | 90.2M+14.6% | 78.7M-26.2% | 107M+4.6% | |
| Total equity incl. non-controlling | 7.07B-1.7% | 7.19B+0.3% | 7.17B-9.1% | 7.89B+17.2% | 6.73B+19.6% | |
| Total liabilities & equity | 12.5B-24.3% | 16.5B-2.3% | 16.9B-0.8% | 17.1B+26.6% | 13.5B+20.4% | |
| Common shares issued | 124M-3.1% | 127M+2.4% | 124M+0.3% | 124M+6.9% | 116M+7.8% | |
| Common shares outstanding | 124M-3.1% | 127M+2.4% | 124M+0.3% | 124M+6.9% | 116M+7.8% | |
| Shares outstanding (cover) | 123M-3.3% | 127M+2.4% | 124M+0.3% | 124M+7.0% | 116M+7.8% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 864M+0.4% | 861M+8.9% | 791M+7.6% | 735M-2.5% | 754M+38.7% | ||
| Depreciation & amortization | 508M+3.5% | 491M-0.7% | 494M-17.9% | 602M+15.1% | 523M+38.7% | |
| Intangible amortization | 12.9M-3.0% | 13.3M-22.2% | 17.1M-53.7% | 36.9M-15.2% | 43.5M+103.3% | |
| Share-based compensation | 37.4M+13.0% | 33.1M-5.7% | 35.1M-6.6% | 37.6M+34.3% | 28.0M+21.7% | |
| Deferred income taxes | -60.0M-51.5% | -39.6M-72.9% | -22.9M-445.2% | -4.20M-4300.0% | 100K+106.3% | |
| Other operating activities | -29.9M-14.6% | -26.1M-310.5% | 12.4M-1.6% | 12.6M | — | |
| 4.93B+1942.1% | -267M+70.9% | -920M+70.0% | -3.06B-31.0% | -2.34B+6.0% | ||
| Capital expenditure | 457M+1413.2% | 30.2M+325.4% | 7.10M-99.2% | 921M+36.9% | 673M+24.9% | |
| Free cash flow | 407M-51.0% | 831M+6.1% | 783M+521.0% | -186M-329.8% | 81.0M+1587.5% | |
| Acquisitions | 462M+1989.1% | 22.1M-53.2% | 47.2M-97.9% | 2.21B+34.3% | 1.65B-15.3% | |
| Proceeds from sale of PP&E | 16.9M-19.9% | 21.1M-64.7% | 59.7M-40.3% | 100M-12.1% | 114M+105.4% | |
| Other investing activities | -11.5M+37.5% | -18.4M-194.8% | 19.4M | — | — | |
| -5.22B-813.1% | -572M-811.8% | 80.3M-96.6% | 2.35B+49.6% | 1.57B-21.5% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00-100.0% | 828M-31.2% | 1.20B+144.6% | |
| Long-term debt repaid | 2.09B+677.6% | 269M+54.5% | 174M-56.5% | 401M+421.9% | 76.8M-66.7% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 539M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 1.04B+112.5% | 491M+3.4% | 475M+9.4% | 434M+11.1% | 391M+24.8% | |
| Other financing activities | -15.3M-194.2% | -5.20M-26.8% | -4.10M+49.4% | -8.10M | — | |
| FX effect on cash | 1.60M+300.0% | -800K-180.0% | 1.00M+111.5% | -8.70M-4250.0% | -200K-200.0% | |
| Net change in cash | 572M+2599.1% | 21.2M+144.4% | -47.7M-491.0% | 12.2M+184.7% | -14.4M-124.9% | |
| Interest paid | 246M-28.1% | 342M+4.7% | 327M+49.7% | 218M+48.5% | 147M+8.1% | |
| Income taxes paid | 5.00M+72.4% | 2.90M-85.7% | 20.3M+250.0% | 5.80M+346.2% | 1.30M+18.2% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 15.3B-2.6% | 15.7B-5.8% | 16.6B-6.1% | 17.7B-27.2% | 24.3B+48.9% | |
| P/E | 10.8×-92.6% | 146.3× | — | 63.7×+6.7% | 59.6×-52.0% | |
| P/S | 6.6×-4.5% | 6.9×+32.2% | 5.2×-16.0% | 6.2×-41.7% | 10.7×-8.4% | |
| P/B | 2.2×-0.8% | 2.2×-1.6% | 2.2×-0.5% | 2.3×-38.5% | 3.7×+24.2% | |
| P/FCF | 37.5×+98.8% | 18.9× | — | 218.7×-27.2% | 300.6×-91.2% | |
| Earnings yield | 9.3%+1254.8% | 0.68% | — | 1.6%-6.3% | 1.7%+108.3% | |
| FCF yield | 2.7%-49.7% | 5.3% | — | 0.46%+37.4% | 0.33%+1033.3% | |
| Dividend yield | 6.4%+110.7% | 3.0%+11.1% | 2.7%+13.2% | 2.4%+55.3% | 1.6%-23.9% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: SUI’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SUI filings on SEC EDGAR → Not investment advice.