SUI Q1 2021 Earnings — Sun Communities, Inc. Revenue & Financial Results | Market Cap Arena

SUISun Communities, Inc.

$17B

Q1 2021 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$439M+42.7% YoY

Gross Profit

$226M51.5% margin

Operating Income

$64M14.6% margin

Net Income

$25M5.6% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

+15.1%

Cash Flow

Operating Cash Flow

$222M

Free Cash Flow

$222M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$11.5B

Total Liabilities

$5.4B

Stockholders' Equity

$6.0B

Cash & Equivalents

$120M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$439M	$308M	+42.7%
Gross Profit	$226M	$180M	+25.6%
Operating Income	$64M	$71M	-9.7%
Net Income	$25M	-$16M	+254.2%

Revenue Segments

MH

$250M51%

Marinas

$96M19%

RV

$96M19%

Real Property Operations Segment

$45M9%

Home Sales and Home Rentals Segment

$7M1%