SUN COMMUNITIES INC Income Statement
SUI / Real Estate|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
SUN COMMUNITIES INC reported $2.3B in revenue and $1.4B in net income for FY2025. Revenue has grown at a 16.0% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3B | $2.3B | $2.3B | $3.0B | $2.3B | $1.4B | $1.3B | $1.1B | $982.6M | $833.8M | $674.7M | $484.3M | $422.7M | $339.0M | $288.6M |
| Cost of Revenue | - | - | - | $311.2M | $205.8M | $147.1M | $149.1M | $123.3M | $95.1M | $80.4M | - | - | - | - | - |
| SG&A Expense | $236.7M | $230.5M | $213.5M | $257.4M | $181.3M | $109.5M | $92.8M | $81.4M | $84.0M | $63.7M | $47.5M | $37.4M | $35.9M | $28.4M | $27.3M |
| Operating Income | - | - | - | - | - | - | - | - | $550.9M | $466.9M | $384.6M | $267.0M | $230.9M | $186.4M | $159.8M |
| Interest Expense | $221.0M | $350.3M | $325.7M | $229.8M | $158.6M | $129.1M | $133.2M | $130.6M | $127.1M | $119.2M | $107.7M | $73.8M | $73.3M | $67.9M | $64.6M |
| Income Tax | -$49.2M | -$36.0M | -$9.2M | $6.1M | $1.3M | -$800.0K | $873.0K | $88.0K | -$136.0K | $283.0K | $1.0M | $0 | $0 | $249.0K | $150.0K |
| Net Income | $1.4B | $103.6M | -$206.9M | $261.4M | $408.3M | -$16.1M | $161.6M | $107.2M | $72.2M | $26.3M | $155.4M | $28.5M | $16.7M | $6.0M | -$1.1M |
| EPS (Basic) | -$1.71 | $2.00 | $3.36 | $1.34 | $1.80 | $1.29 | $0.85 | $0.27 | $2.53 | $0.54 | $0.31 | $0.19 | -$0.05 | -$0.15 | -$0.05 |
| EPS (Diluted) | -$1.72 | $2.00 | $3.36 | $1.34 | $1.80 | $1.29 | $0.85 | $0.26 | $2.52 | $0.54 | $0.31 | $0.18 | -$0.05 | -$0.15 | -$0.05 |
| Shares Outstanding | 127.4M | 124.4M | 124.0M | 116.0M | 107.6M | 93.2M | 86.4M | 73.2K | 73.2K | 58.4K | 48.6K | 27.1M | 21.1M | 19.2M | 21.1M |
| Operating Margin | - | - | - | - | - | - | - | - | 56.1% | 56.0% | 57.0% | 55.1% | 54.6% | 55.0% | 55.4% |
| Profit Margin | 61.3% | 4.6% | -9.1% | 8.8% | 18.0% | -1.1% | 12.8% | 9.5% | 7.3% | 3.2% | 23.0% | 5.9% | 3.9% | 1.8% | -0.4% |