SUI · XBRL financial data
Sun Communities financial statements, every fiscal year
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (SUI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 1,398 | 2,273 | 2,970 | 3,225 | 3,221 | 2,306 |
| Cost of goods and services sold | 132 | 206 | 311 | — | — | — |
| General and administrative | 111 | 181 | 257 | 270 | 295 | 237 |
| Interest expense | 129 | 159 | 230 | 326 | 350 | 221 |
| Other income (expense) | (4) | (12) | (2) | (8) | 3 | 134 |
| Income tax expense (benefit) | (1) | 1 | 6 | (8) | (35) | (49) |
| Net income (loss) | 132 | 408 | 261 | (207) | 104 | 1,414 |
| Earnings per share, basic USD per share | 1.34 | 3.36 | 2.00 | (1.71) | 0.71 | 10.84 |
| Earnings per share, diluted USD per share | 1.34 | 3.36 | 2.00 | (1.72) | 0.71 | 10.84 |
| Weighted average shares, basic millions of shares | 98 | 113 | 120 | 123 | 125 | 125 |
| Weighted average shares, diluted millions of shares | 98 | 115 | 123 | 124 | 127 | 125 |
Balance sheet
CSVFiscal years (SUI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 83 | 66 | 73 | 29 | 47 | 570 |
| Right-of-use asset | — | 138 | 189 | 176 | 178 | 60 |
| Goodwill | 429 | 495 | 1,018 | 733 | 551 | 10 |
| Total assets | 11,207 | 13,494 | 17,084 | 16,941 | 16,549 | 12,523 |
| Total liabilities | 5,315 | 6,475 | 8,993 | 9,507 | 9,097 | 5,194 |
| Total stockholders' equity | 5,525 | 6,624 | 7,810 | 7,083 | 7,082 | 6,956 |
| Total liabilities and equity | 11,207 | 13,494 | 17,084 | 16,941 | 16,549 | 12,523 |
| Common shares outstanding (cover page) millions of shares | 108 | 112 | 124 | 124 | 127 | 123 |
Cash flows
CSVFiscal years (SUI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 132 | 408 | 261 | (207) | 104 | 1,414 |
| Stock-based compensation | 23 | 28 | 38 | 43 | 42 | 37 |
| Depreciation and amortization | 377 | 523 | 605 | 660 | 681 | 508 |
| Net cash from operating activities | 549 | 754 | 735 | 791 | 861 | 864 |
| Net cash from investing activities | (2,487) | (2,338) | (3,063) | (920) | (267) | 4,926 |
| Proceeds from issuing equity | 1,851 | 1,057 | 1,210 | — | — | — |
| Share repurchases | — | — | — | 0 | 0 | 539 |
| Proceeds from long-term debt | 492 | 1,203 | 828 | — | — | — |
| Repayments of long-term debt | 230 | 77 | 401 | 174 | 269 | 2,093 |
| Net cash from financing activities | 2,001 | 1,570 | 2,349 | 80 | (572) | (5,219) |
| Net change in cash | 58 | (14) | 12 | (48) | 21 | 572 |
Compare with peers
SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Sun Communities | 699 | 558 | 155* | 119.4M | 10-QSep 30, 2026 |
| Kimco Realty | 544 | 546 | not reported | 664.5M | 10-QSep 30, 2026 |
| Essex Property Trust | 72 | 2.3 | not reported | 64.3M | 10-QSep 30, 2026 |
| W. P. Carey | 143 | 468 | 322* | 230.1M | 10-QSep 30, 2026 |
| Weyerhaeuser | 349 | 1,862 | 193* | 720.3M | 10-QSep 30, 2026 |
| Regency Centers | not reported | 414 | not reported | 183.1M | 10-QJun 30, 2026 |
| Gaming & Leisure Properties | 166 | 435 | 280* | 290.9M | 10-QSep 30, 2026 |
| Alexandria Real Estate Equities | 509 | 671 | 342* | 174.2M | 10-QSep 30, 2026 |
| Texas Pacific Land | 370 | 273 | 192* | 69.0M | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.