Sun Communities, Inc. (SUI) Financials

NYSE:SUI

Market Cap

16.08B

Total Revenue

2.93B

Gross Profit

1.42B

Operating Income

588.00M

Net Income

242.00M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	402,149,000	457,213,000	658,793,000	815,665,000	961,390,000	1,105,972,000	1,246,180,000	1,388,228,000	2,260,373,000	2,934,500,000
costOfRevenue	170,653,000	189,141,000	271,927,000	355,463,000	419,208,000	492,429,000	546,732,000	614,009,000	1,109,271,000	1,519,100,000
grossProfit	231,496,000	268,072,000	386,866,000	460,202,000	542,182,000	613,543,000	699,448,000	774,219,000	1,151,102,000	1,415,400,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	35,854,000	42,622,000	54,931,000	64,087,000	74,711,000	81,438,000	93,964,000	111,288,000	181,210,000	256,800,000
sellingGeneralAndAdministrativeExpenses	35,854,000	42,622,000	54,931,000	64,087,000	74,711,000	81,438,000	93,964,000	111,288,000	181,210,000	256,800,000
operatingExpenses	145,932,000	176,348,000	232,568,000	285,857,000	336,247,000	368,700,000	422,031,000	488,164,000	703,955,000	861,600,000
operatingIncome	85,564,000	91,724,000	154,298,000	174,345,000	205,935,000	244,843,000	300,105,000	293,031,000	462,761,000	588,000,000
totalOtherIncomeExpensesNet	-1,678,000	4,210,000	112,273,000	-38,889,000	-15,190,000	-12,667,000	-121,853,000	-146,355,000	-47,697,000	-318,100,000
ebitda	208,715,000	239,912,000	347,873,000	408,380,000	497,633,000	547,151,000	628,172,000	669,907,000	985,506,000	1,192,800,000
depreciationAndAmortization	110,078,000	133,726,000	177,637,000	221,770,000	261,536,000	287,262,000	328,067,000	376,876,000	522,745,000	604,800,000
interestIncome	13,073,000	14,462,000	15,938,000	18,113,000	21,180,000	20,853,000	17,857,000	10,119,000	12,232,000	35,200,000
interestExpense	76,577,000	76,981,000	110,878,000	122,315,000	130,242,000	132,783,000	137,851,000	133,248,000	162,800,000	234,000,000
incomeBeforeTax	20,382,000	33,415,000	171,631,000	31,254,000	81,683,000	120,246,000	178,252,000	146,676,000	415,064,000	269,900,000
incomeTaxExpense	234,000	219,000	1,158,000	283,000	-136,000	88,000	873,000	-775,000	1,327,000	6,100,000
netIncome	16,666,000	28,509,000	155,446,000	26,315,000	72,183,000	107,229,000	161,553,000	131,614,000	380,152,000	242,000,000
eps	0.31	0.54	2.53	0.27	0.85	1.32	1.8	1.34	3.36	2
epsdiluted	0.31	0.54	2.52	0.26	0.85	1.31	1.8	1.34	3.36	2
weightedAverageShsOut	34,228,000	41,337,000	53,686,000	65,856,000	76,084,000	81,387,000	88,460,000	97,521,000	112,600,000	120,200,000
weightedAverageShsOutDil	34,410,000	41,805,000	53,702,000	66,321,000	76,711,000	82,040,000	88,915,000	97,522,000	115,100,000	122,900,000
costAndExpenses	316,585,000	365,489,000	504,495,000	641,320,000	755,455,000	861,129,000	968,763,000	1,102,173,000	1,813,226,000	2,380,700,000
otherExpenses	110,078,000	133,726,000	177,637,000	-5,848,000	8,982,000	-6,453,000	328,067,000	376,876,000	522,745,000	604,800,000

Key Facts

Industry

REIT—Residential

Sector

Real Estate

Headquarters

Southfield, MI, US

Website

suncommunities.com

CEO

Mr. Gary A. Shiffman

Employees

7199

About the Company

Sun Communities, Inc. is a REIT that, as of March 31, 2022, owned, operated, or had an interest in a portfolio of 603 developed MH, RV and marina properties comprising nearly 159,300 developed sites and over 45,700 wet slips and dry storage spaces in 39 states, Canada, Puerto Rico and the UK.