SUI Q2 2024 Earnings — Sun Communities, Inc. Revenue & Financial Results | Market Cap Arena

SUISun Communities, Inc.

$17B

Q2 2024 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$859M+1.1% YoY

Gross Profit

$396M46.1% margin

Operating Income

$158M18.4% margin

Net Income

$52M6.1% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

+84.8%

Cash Flow

Operating Cash Flow

$317M

Free Cash Flow

$317M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$17.0B

Total Liabilities

$10.0B

Stockholders' Equity

$6.9B

Cash & Equivalents

$104M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$859M	$849M	+1.1%
Gross Profit	$396M	$388M	+1.9%
Operating Income	$158M	$162M	-2.4%
Net Income	$52M	-$208M	+125.1%

Revenue Segments

MH

$300M40%

Marinas

$268M35%

RV

$187M25%