SUI Q3 2023 Earnings — Sun Communities, Inc. Revenue & Financial Results | Market Cap Arena

SUISun Communities, Inc.

$17B

Q3 2023 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$968M+5.1% YoY

Gross Profit

$485M50.1% margin

Operating Income

$255M26.4% margin

Net Income

$120M12.4% margin

EPS (Diluted)

$1.31

QoQ Revenue Growth

+14.0%

Cash Flow

Operating Cash Flow

$225M

Free Cash Flow

$225M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$17.6B

Total Liabilities

$9.8B

Stockholders' Equity

$7.7B

Cash & Equivalents

$62M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$968M	$921M	+5.1%
Gross Profit	$485M	$466M	+4.0%
Operating Income	$255M	$247M	+3.2%
Net Income	$120M	$163M	-26.1%

Revenue Segments

Ancillary Revenues

$205M100%