Sun Communities (SUI)
Land-lease REIT spanning manufactured housing, RV communities, and UK holiday parks.
$113.77
After hours−0.01 (−0.01%)
At close$113.78(+0.04%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 968 | 722 | 465 | 859 | 934 | 741 | 466 | 607 | 697 | 515 | 501 | 485 |
| Cost of revenue | 483 | 393 | 220 | 463 | 483 | 398 | 226 | 297 | 434 | 158 | 243 | 176 |
| Gross profit | 485 | 329 | 245 | 396 | 452 | 343 | 240 | 310 | 264 | 357 | 257 | 308 |
| 230 | 256 | 183 | 238 | 247 | 247 | 181 | 189 | 55 | 182 | 202 | 194 | |
| 67 | 78 | 62 | 65 | 75 | 77 | 57 | 61 | 56 | 68 | 70 | 50 | |
| General & administrative | 67 | 78 | 62 | 65 | 75 | 77 | 57 | 61 | 56 | 0 | 70 | 50 |
| Other expenses | 163 | 178 | 121 | 173 | 172 | 170 | 124 | 127 | 0 | 114 | 133 | 145 |
| Operating income | 255 | 74 | 62 | 158 | 205 | 96 | 59 | 122 | 208 | 175 | 55 | 114 |
| −117 | −535 | −103 | −98 | 93 | −353 | −86 | −240 | −231 | −24 | −54 | −72 | |
| Interest income | 15 | 5 | 5 | 5 | 6 | 5 | 4 | 17 | 17 | 10 | 7 | 0 |
| Interest expense | 85 | 87 | 90 | 90 | 88 | 83 | 82 | 58 | 42 | 37 | 38 | 38 |
| Other non-operating income | 32 | 449 | 13 | 8 | −181 | 270 | 3 | 182 | 190 | −13 | 15 | −30 |
| Income before tax | 138 | −462 | −41 | 60 | 298 | −257 | −26 | −118 | −23 | 151 | 2 | 42 |
| Income tax expense | 2 | −8 | −4 | 2 | −8 | −25 | −3 | −26 | 2 | 32 | 8 | 1 |
| Net income from continuing operations | 136 | −454 | −37 | 58 | 306 | −232 | −23 | −92 | −25 | 120 | −6 | 42 |
| Discontinued operations | 0 | 0 | 11 | 0 | 0 | 0 | −19 | 1,423 | 0 | 11 | 0 | −1,067 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 35 | 0 | 0 | 0 |
| Net income | 120 | −436 | −24 | 52 | 289 | −224 | −40 | 1,274 | 12 | 122 | −6 | −991 |
| EPS, basic | $1.31 | −$0.65 | −$0.22 | $0.42 | $2.31 | −$1.76 | −$0.34 | $10.02 | $0.07 | $0.99 | −$0.07 | −$8.06 |
| EPS, diluted | $1.31 | −$0.65 | −$0.22 | $0.42 | $2.31 | −$1.77 | −$0.34 | $10.02 | $0.07 | $0.99 | −$0.07 | −$8.03 |
| Weighted average shares, basic | 124 | 124 | 124 | 124 | 124 | 127 | 127 | 127 | 124 | 123 | 123 | 123 |
| Weighted average shares, diluted | 124 | 124 | 127 | 124 | 124 | 130 | 130 | 127 | 124 | 123 | 126 | 127 |
| EBITDA | 385 | −198 | 170 | 323 | 558 | −4 | 179 | 67 | 145 | 316 | 173 | 268 |
| Depreciation & amortization | 163 | 178 | 121 | 173 | 172 | 170 | 124 | 127 | 126 | 128 | 133 | 124 |
| EBIT | 223 | −375 | 49 | 150 | 385 | −174 | 56 | −60 | 19 | 188 | 40 | 144 |
