SUI Financial Statements

Balance sheet, income statement, cash flow, and dividends for Sun Communities Inc (SUI).


$15.67B Market Cap.

As of 03/01/2025 5:00 PM ET (MRY) • Disclaimer

SUI Market Cap. (MRY)


SUI Shares Outstanding (MRY)


SUI Assets (MRY)


Total Assets

$16.55B

Total Liabilities

$9.10B

Total Investments

$535.20M

SUI Income (MRY)


Revenue

$3.22B

Net Income

$89.00M

Operating Expense

$1.26B

SUI Cash Flow (MRY)


CF Operations

$861.00M

CF Investing

-$267.40M

CF Financing

-$571.60M

SUI Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$2.82

2.30%

-24.19%

397.18%

0.25

2023

$3.72

2.80%

5.68%

-217.54%

-0.46

2022

$3.52

2.50%

6.02%

176.00%

0.57

2021

$3.32

1.60%

5.06%

98.81%

1.01

2020

$3.16

2.10%

-

235.82%

0.42

SUI Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$16,549,400,000 (-2.31%)

$16,940,700,000 (-0.84%)

$17,084,200,000 (26.60%)

$13,494,100,000 (20.41%)

Assets Current

-

-

-

-

Assets Non-Current

-

-

-

-

Goodwill & Intangible Assets

$890,100,000 (-19.27%)

$1,102,500,000 (-22.38%)

$1,420,400,000 (77.06%)

$802,200,000 (87.07%)

Shareholders Equity

$7,081,700,000 (-1.27%)

$7,173,000,000 (-9.07%)

$7,888,500,000 (19.09%)

$6,623,900,000 (19.88%)

Property Plant & Equipment Net

$14,173,100,000 (-1.87%)

$14,443,600,000 (3.38%)

$13,971,000,000 (22.28%)

$11,425,500,000 (17.60%)

Cash & Equivalents

$63,900,000 (49.65%)

$42,700,000 (-52.77%)

$90,400,000 (15.60%)

$78,200,000 (-15.59%)

Accumulated Other Comprehensive Income

-$7,900,000 (-164.75%)

$12,200,000 (223.23%)

-$9,900,000 (-419.35%)

$3,100,000 (-2.45%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$535,200,000 (852.31%)

$56,200,000 (-55.85%)

$127,300,000 (-31.89%)

$186,900,000 (49.85%)

Investments Current

-

-

-

-

Investments Non-Current

-

-

-

-

Inventory

$129,800,000 (-36.87%)

$205,600,000 (1.43%)

$202,700,000 (296.67%)

$51,100,000 (9.56%)

Trade & Non-Trade Receivables

$0 (0%)

$421,600,000 (-31.70%)

$617,300,000 (31.45%)

$469,600,000 (111.87%)

Trade & Non-Trade Payables

$122,600,000 (3.72%)

$118,200,000 (6.20%)

$111,300,000 (13.11%)

$98,400,000 (13.12%)

Accumulated Retained Earnings (Deficit)

-$2,775,900,000 (-15.78%)

-$2,397,500,000 (-38.49%)

-$1,731,200,000 (-11.26%)

-$1,556,000,000 (0.68%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$7,352,800,000 (-5.46%)

$7,777,300,000 (8.06%)

$7,197,200,000 (26.89%)

$5,671,800,000 (19.23%)

Debt Current

-

-

-

-

Debt Non-Current

-

-

-

-

Total Liabilities

$9,096,800,000 (-4.31%)

$9,506,800,000 (5.72%)

$8,992,800,000 (38.89%)

$6,474,600,000 (21.82%)

Liabilities Current

-

-

-

-

Liabilities Non-Current

-

-

-

-

SUI Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$3,221,100,000 (-0.11%)

$3,224,600,000 (8.58%)

$2,969,700,000 (30.67%)

$2,272,600,000 (62.53%)

Cost of Revenue

$1,701,800,000 (0.80%)

$1,688,300,000 (11.14%)

$1,519,100,000 (36.94%)

$1,109,300,000 (80.70%)

Selling General & Administrative Expense

$295,300,000 (9.29%)

$270,200,000 (5.22%)

$256,800,000 (41.64%)

$181,300,000 (65.57%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$1,255,700,000 (-4.65%)

$1,317,000,000 (45.72%)

$903,800,000 (27.73%)

$707,600,000 (38.66%)

Interest Expense

$350,400,000 (7.55%)

$325,800,000 (41.78%)

$229,800,000 (44.89%)

$158,600,000 (22.85%)

Income Tax Expense

-$35,300,000 (-320.24%)

-$8,400,000 (-237.70%)

$6,100,000 (369.23%)

$1,300,000 (262.50%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$107,100,000 (151.22%)

-$209,100,000 (-179.26%)

$263,800,000 (-36.25%)

$413,800,000 (180.73%)

Net Income to Non-Controlling Interests

$18,100,000 (330.95%)

$4,200,000 (-80.73%)

$21,800,000 (-35.12%)

$33,600,000 (112.66%)

Net Income

$89,000,000 (141.73%)

-$213,300,000 (-188.14%)

$242,000,000 (-36.35%)

$380,200,000 (188.91%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$89,000,000 (141.73%)

-$213,300,000 (-188.14%)

$242,000,000 (-36.35%)

$380,200,000 (188.91%)

Weighted Average Shares

$124,500,000 (0.89%)

$123,400,000 (2.66%)

$120,200,000 (6.75%)

$112,600,000 (15.49%)

Weighted Average Shares Diluted

$127,200,000 (2.75%)

$123,800,000 (0.73%)

$122,900,000 (6.78%)

$115,100,000 (18.05%)

Earning Before Interest & Taxes (EBIT)

$404,100,000 (288.18%)

$104,100,000 (-78.22%)

$477,900,000 (-11.52%)

$540,100,000 (107.81%)

Gross Profit

$1,519,300,000 (-1.11%)

$1,536,300,000 (5.91%)

$1,450,600,000 (24.70%)

$1,163,300,000 (48.30%)

Operating Income

$263,600,000 (20.20%)

$219,300,000 (-59.89%)

$546,800,000 (19.99%)

$455,700,000 (66.25%)

SUI Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$267,400,000 (70.92%)

-$919,500,000 (69.98%)

-$3,062,600,000 (-274.49%)

-$817,800,000 (67.11%)

Net Cash Flow from Financing

-$571,600,000 (-811.83%)

$80,300,000 (-96.58%)

$2,348,600,000 (1919.43%)

$116,300,000 (-94.19%)

Net Cash Flow from Operations

$861,000,000 (8.92%)

$790,500,000 (7.57%)

$734,900,000 (9.21%)

$672,900,000 (23.85%)

Net Cash Flow / Change in Cash & Cash Equivalents

$21,200,000 (144.44%)

-$47,700,000 (-490.98%)

$12,200,000 (142.96%)

-$28,400,000 (-149.13%)

Net Cash Flow - Business Acquisitions and Disposals

$26,800,000 (41.05%)

$19,000,000 (-5.00%)

$20,000,000 (26.58%)

$15,800,000 (47.66%)

Net Cash Flow - Investment Acquisitions and Disposals

-$22,600,000 (-164.94%)

$34,800,000 (137.99%)

-$91,600,000 (-56.05%)

-$58,700,000 (27.26%)

Capital Expenditure

-$278,200,000 (71.73%)

-$984,100,000 (67.10%)

-$2,991,000,000 (-282.04%)

-$782,900,000 (67.60%)

Issuance (Repayment) of Debt Securities

-$425,000,000 (-174.02%)

$574,200,000 (-64.49%)

$1,617,000,000 (232.51%)

$486,300,000 (1.42%)

Issuance (Purchase) of Equity Shares

$361,100,000 (60283.33%)

-$600,000 (-100.05%)

$1,209,600,000 (403300.00%)

-$300,000 (-100.02%)

Payment of Dividends & Other Cash Distributions

-$492,700,000 (-3.42%)

-$476,400,000 (-9.72%)

-$434,200,000 (-20.44%)

-$360,500,000 (-15.14%)

Effect of Exchange Rate Changes on Cash

-$800,000 (-180.00%)

$1,000,000 (111.49%)

-$8,700,000 (-4450.00%)

$200,000 (0.00%)

Share Based Compensation

$41,600,000 (-3.03%)

$42,900,000 (14.10%)

$37,600,000 (0%)

$0 (0%)

Depreciation Amortization & Accretion

$667,100,000 (3.91%)

$642,000,000 (10.86%)

$579,100,000 (0%)

$0 (0%)

SUI Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

47.20% (-0.84%)

47.60% (-2.46%)

48.80% (-4.69%)

51.20% (-8.73%)

Profit Margin

2.80% (142.42%)

-6.60% (-181.48%)

8.10% (-51.50%)

16.70% (77.66%)

EBITDA Margin

33.30% (44.16%)

23.10% (-35.11%)

35.60% (49.58%)

23.80% (-47.35%)

Return on Average Equity (ROAE)

1.30% (146.43%)

-2.80% (-187.50%)

3.20% (-45.76%)

5.90% (103.45%)

Return on Average Assets (ROAA)

0.50% (141.67%)

-1.20% (-180.00%)

1.50% (-51.61%)

3.10% (106.67%)

Return on Sales (ROS)

12.50% (290.63%)

3.20% (-80.12%)

16.10% (-32.35%)

23.80% (27.96%)

Return on Invested Capital (ROIC)

1.70% (325.00%)

0.40% (-81.82%)

2.20% (-33.33%)

3.30% (57.14%)

Dividend Yield

2.30% (-17.86%)

2.80% (12.00%)

2.50% (56.25%)

1.60% (-23.81%)

Price to Earnings Ratio (P/E)

173.2 (321.60%)

-78.16 (-209.31%)

71.5 (14.42%)

62.49 (-44.89%)

Price to Sales Ratio (P/S)

4.75 (-7.08%)

5.12 (-11.63%)

5.79 (-44.36%)

10.4 (-1.81%)

Price to Book Ratio (P/B)

2.21 (-4.61%)

2.32 (3.25%)

2.25 (-38.90%)

3.68 (36.00%)

Debt to Equity Ratio (D/E)

1.28 (-3.02%)

1.32 (16.23%)

1.14 (16.68%)

0.98 (1.56%)

Earnings Per Share (EPS)

0.71 (141.52%)

-1.71 (-185.50%)

2 (-40.48%)

3.36 (150.75%)

Sales Per Share (SPS)

25.87 (-0.99%)

26.13 (5.77%)

24.71 (22.41%)

20.18 (40.73%)

Free Cash Flow Per Share (FCFPS)

4.68 (398.34%)

-1.57 (91.64%)

-18.77 (-1821.19%)

-0.98 (94.91%)

Book Value Per Share (BVPS)

56.88 (-2.15%)

58.13 (-11.43%)

65.63 (11.56%)

58.83 (3.81%)

Tangible Assets Book Value Per Share (TABVPS)

125.78 (-2.00%)

128.35 (-1.51%)

130.31 (15.61%)

112.72 (1.97%)

Enterprise Value Over EBIT (EV/EBIT)

57 (-75.54%)

233 (356.86%)

51 (-5.56%)

54 (-22.86%)

Enterprise Value Over EBITDA (EV/EBITDA)

21.39 (-34.16%)

32.48 (41.20%)

23 (-57.09%)

53.61 (87.24%)

Asset Turnover

0.19 (2.15%)

0.19 (0.00%)

0.19 (1.64%)

0.18 (18.06%)

Current Ratio

-

-

-

-

Dividends

$2.82 (-24.19%)

$3.72 (5.68%)

$3.52 (6.02%)

$3.32 (5.06%)

Free Cash Flow (FCF)

$582,800,000 (401.03%)

-$193,600,000 (91.42%)

-$2,256,100,000 (-1951.00%)

-$110,000,000 (94.13%)

Enterprise Value (EV)

$22,908,186,052 (-5.48%)

$24,235,106,059 (-0.33%)

$24,315,302,890 (-16.02%)

$28,954,215,905 (60.07%)

Earnings Before Tax (EBT)

$53,700,000 (124.22%)

-$221,700,000 (-189.36%)

$248,100,000 (-34.97%)

$381,500,000 (191.67%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$1,071,200,000 (43.57%)

$746,100,000 (-29.41%)

$1,057,000,000 (95.70%)

$540,100,000 (-14.51%)

Invested Capital

$22,948,200,000 (-2.65%)

$23,572,800,000 (3.52%)

$22,770,600,000 (24.53%)

$18,285,500,000 (18.41%)

Working Capital

-

-

-

-

Tangible Asset Value

$15,659,300,000 (-1.13%)

$15,838,200,000 (1.11%)

$15,663,800,000 (23.42%)

$12,691,900,000 (17.76%)

Market Capitalization

$15,665,186,052 (-5.81%)

$16,632,106,059 (-6.12%)

$17,716,302,890 (-27.24%)

$24,350,397,905 (63.06%)

Average Equity

$7,111,275,000 (-6.94%)

$7,641,850,000 (2.49%)

$7,456,050,000 (15.29%)

$6,467,235,750 (44.06%)

Average Assets

$16,939,725,000 (-2.46%)

$17,367,800,000 (8.75%)

$15,970,200,000 (28.86%)

$12,393,148,750 (37.32%)

Invested Capital Average

$23,404,125,000 (-0.62%)

$23,551,275,000 (9.50%)

$21,508,725,000 (32.07%)

$16,286,153,750 (30.59%)

Shares

127,390,307 (2.37%)

124,445,238 (0.45%)

123,890,230 (6.83%)

115,970,843 (18.00%)