Sun Communities, Inc. (SUI)

Sun Communities Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,245	3,225	2,970	2,273	1,398	1,264
Revenue Growth (YoY)	5.61%	8.58%	30.67%	62.53%	10.62%	12.18%
Cost of Revenue	1,697	1,688	1,519	1,109	613.9	547.24
Gross Profit	1,548	1,536	1,451	1,163	784.4	716.8
Selling, General & Admin	284.8	270.2	256.8	181.3	109.5	92.78
Other Operating Expenses	1,078	1,047	647	526.3	400.8	329.8
Operating Expenses	1,363	1,317	903.8	707.6	510.3	422.58
Operating Income	184.5	219.3	546.8	455.7	274.1	294.22
Interest Expense / Income	338.9	325.8	229.8	158.6	129.1	133.15
Other Expense / Income	67.5	115.2	68.9	-84.4	14.2	-1.36
Pretax Income	-221.9	-221.7	248.1	381.5	130.8	162.43
Income Tax	-11.3	-8.4	6.1	1.3	-0.8	0.87
Net Income	-210.6	-213.3	242	380.2	131.6	161.55
Preferred Dividends	0	0	0	0	0	1.29
Net Income Common	-210.6	-213.3	242	380.2	131.6	160.27
Net Income Growth	-	-	-36.35%	188.91%	-17.89%	51.92%
Shares Outstanding (Basic)	124	123	120	113	98	88
Shares Outstanding (Diluted)	127	124	123	115	98	89
Shares Change	0.32%	0.73%	6.78%	18.05%	9.66%	8.38%
EPS (Basic)	-1.69	-1.71	2.00	3.36	1.34	1.80
EPS (Diluted)	-1.70	-1.72	2.00	3.36	1.34	1.80
EPS Growth	-	-	-40.48%	150.75%	-25.56%	39.53%
Free Cash Flow	51.6	-193.6	-2,256.1	-1,291.8	-1,873.2	-503.87
Free Cash Flow Per Share	0.42	-1.57	-18.77	-11.47	-19.21	-5.70
Dividend Per Share	3.730	3.720	3.520	3.320	3.160	3.000
Dividend Growth	4.48%	5.68%	6.02%	5.06%	5.33%	5.63%
Gross Margin	47.69%	47.64%	48.85%	51.19%	56.10%	56.71%
Operating Margin	5.69%	6.80%	18.41%	20.05%	19.60%	23.28%
Profit Margin	-6.49%	-6.61%	8.15%	16.73%	9.41%	12.68%
Free Cash Flow Margin	1.59%	-6.00%	-75.97%	-56.84%	-133.96%	-39.86%
Effective Tax Rate	-	-	2.46%	0.34%	-0.61%	0.54%
EBITDA	759	746.1	1,054	1,052	631.8	609.55
EBITDA Margin	23.39%	23.14%	35.49%	46.28%	45.18%	48.22%
Depreciation & Amortization	642	642	576.1	511.7	371.9	313.97
EBIT	117	104.1	477.9	540.1	259.9	295.58
EBIT Margin	3.61%	3.23%	16.09%	23.77%	18.59%	23.38%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).