SUI Q3 2024 Earnings — Sun Communities, Inc. Revenue & Financial Results | Market Cap Arena

SUISun Communities, Inc.

$17B

Q3 2024 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$934M-3.5% YoY

Gross Profit

$452M48.4% margin

Operating Income

$205M21.9% margin

Net Income

$289M30.9% margin

EPS (Diluted)

$2.31

QoQ Revenue Growth

+8.8%

Cash Flow

Operating Cash Flow

$201M

Free Cash Flow

$201M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$17.1B

Total Liabilities

$9.5B

Stockholders' Equity

$7.5B

Cash & Equivalents

$82M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$934M	$968M	-3.5%
Gross Profit	$452M	$485M	-6.8%
Operating Income	$205M	$255M	-19.8%
Net Income	$289M	$120M	+140.4%

Revenue Segments

MH

$286M36%

Marinas

$260M32%

RV

$259M32%