SUI Q4 2023 Earnings — Sun Communities, Inc. Revenue & Financial Results | Market Cap Arena

SUISun Communities, Inc.

$17B

Q4 2023 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$722M+8.7% YoY

Gross Profit

$329M45.6% margin

Operating Income

$74M10.2% margin

Net Income

-$436M-60.4% margin

EPS (Diluted)

$-0.65

QoQ Revenue Growth

-25.4%

Cash Flow

Operating Cash Flow

$120M

Free Cash Flow

$120M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$16.9B

Total Liabilities

$9.8B

Stockholders' Equity

$7.1B

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$722M	$664M	+8.7%
Gross Profit	$329M	$296M	+11.1%
Operating Income	$74M	$72M	+2.7%
Net Income	-$436M	$5M	-9378.7%

Revenue Segments

MH

$1.2B47%

Marinas

$759M29%

RV

$609M24%