Sun Communities financials
$112.28+0.02%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 | FY15 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.20B | $3.18B | $2.93B | $2.27B | $1.40B | $1.26B | $1.13B | $982.6M | $833.8M | $674.7M |
| Gross profit | $2.36B | $2.30B | $2.16B | $1.76B | $1.19B | $1.07B | $980.2M | $865.3M | $729.0M | $590.8M |
| Gross margin | 73.6% | 72.4% | 73.4% | 77.4% | 85.3% | 84.8% | 87.0% | 88.1% | 87.4% | 87.6% |
| Operating income | $242.9M | $173.9M | $511.6M | $455.7M | $268.9M | $277.7M | $263.8M | $204.3M | $158.2M | $170.2M |
| Net income | $88.6M | -$211.5M | $240.6M | $377.8M | $130.8M | $159.1M | $105.5M | $64.6M | $17.5M | $135.6M |
| Net margin | 2.8% | −6.7% | 8.2% | 16.6% | 9.4% | 12.6% | 9.4% | 6.6% | 2.1% | 20.1% |
| Diluted EPS | $0.71 | $-1.72 | $2.00 | $3.36 | $1.34 | $1.80 | $1.29 | $0.85 | $0.26 | $2.52 |
| EBITDA | $1.19B | $1.20B | $1.13B | $968.1M | $664.1M | $601.5M | $533.7M | $459.7M | $404.0M | $170.2M |
| Operating cash flow | $861.0M | $790.5M | $734.9M | $753.6M | $543.3M | $476.7M | $363.9M | $258.0M | $242.0M | $189.8M |
| Free cash flow | $208.1M | -$212.5M | -$186.1M | $753.6M | $4.8M | -$92.5M | -$25.5M | -$30.6M | $18.5M | -$18.7M |
| Diluted shares | 127.2M | 123.8M | 122.9M | 115.1M | 97.5M | 88.9M | 82.0M | 76.7M | 66.3M | 53.7M |
Balance sheet
| Period end | Mar 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $497.0M | $57.1M | $42.7M | $90.4M | $78.2M | $92.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $127.3M | $186.9M | $124.7M |
| Total debt | $4.25B | $7.35B | $7.78B | $7.20B | $5.67B | $4.76B |
| Total assets | $12.36B | $16.55B | $16.94B | $17.08B | $13.49B | $11.21B |
| Total liabilities | $5.30B | $9.10B | $9.51B | $8.99B | $6.47B | $5.31B |
| Shareholders' equity | $6.86B | $7.19B | $7.17B | $7.89B | $6.73B | $5.63B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology