SUI Q2 2022 Earnings — Sun Communities, Inc. Revenue & Financial Results | Market Cap Arena

SUISun Communities, Inc.

$17B

Q2 2022 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$807M+34.3% YoY

Gross Profit

$383M47.5% margin

Operating Income

$171M21.2% margin

Net Income

$74M9.2% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

+49.0%

Cash Flow

Operating Cash Flow

$275M

Free Cash Flow

$275M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$16.4B

Total Liabilities

$8.9B

Stockholders' Equity

$7.4B

Cash & Equivalents

$185M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$807M	$601M	+34.3%
Gross Profit	$383M	$311M	+23.4%
Operating Income	$171M	$138M	+23.7%
Net Income	$74M	$111M	-33.2%

Revenue Segments

MH

$397M39%

Marinas

$225M22%

RV

$193M19%

Real Property Operations Segment

$188M18%

Home Sales and Home Rentals Segment

$20M2%