SUI Q1 2022 Earnings — Sun Communities, Inc. Revenue & Financial Results | Market Cap Arena

SUISun Communities, Inc.

$17B

Q1 2022 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$542M+23.3% YoY

Gross Profit

$270M49.8% margin

Operating Income

$66M12.1% margin

Net Income

$700,0000.1% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$229M

Free Cash Flow

$229M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$13.9B

Total Liabilities

$7.3B

Stockholders' Equity

$6.5B

Cash & Equivalents

$103M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$542M	$439M	+23.3%
Gross Profit	$270M	$226M	+19.2%
Operating Income	$66M	$64M	+2.2%
Net Income	$700,000	$25M	-97.2%

Revenue Segments

MH

$280M51%

Marinas

$148M27%

RV

$121M22%