← SUN COMMUNITIES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $812.6m |
$957.7m
+17.85%
|
$1.1b
+17.66%
|
$1.3b
+12.18%
|
$1.4b
+10.63%
|
$2.3b
+62.52%
|
$3.0b
+30.67%
|
$3.2b
+8.58%
|
$3.2b
-0.11%
|
$2.3b
-28.41%
|
$2.3b
-1.01%
|
|
| Other Cost of Operating Revenue | — | — | — | — | — | $285.8m | $472.7m | $585.0m | $570.7m | $106.0m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $826.0m | $925.7m | $1.0b | $1.6b | $1.9b | — | — | — | — | |
| Cost of Revenue | $80.4m |
$95.1m
+18.27%
|
$123.3m
+29.67%
|
$134.4m
+8.94%
|
$131.9m
-1.84%
|
$205.8m
+56.02%
|
$311.2m
+51.24%
|
— | — | $2.3b |
$1.1b
-53.58%
|
|
| Gross Profit (Calculated) (derived) | $732.2m |
$862.6m
+17.81%
|
$1.0b
+16.34%
|
$1.1b
+12.57%
|
$1.3b
+12.11%
|
$2.1b
+63.20%
|
$2.7b
+28.63%
|
— | — | ($20.7m) | — | |
| General and Administrative Expense | $64.1m | $74.7m | $81.4m | $94.0m | $111.3m | $181.2m | $256.8m | $270.2m | $295.3m | $236.7m | $247.6m | |
| Amortization of Intangible Assets | $12.7m | $14.9m | $14.2m | $15.7m | $21.4m | $43.5m | $36.9m | $37.1m | $31.5m | $12.9m | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $466.9m |
$550.9m
+18.00%
|
— | — | — | — | — | — | — | ($257.4m) |
$434.1m
+268.65%
|
|
| Interest Expense | $119.2m | $127.1m | $129.1m | $133.2m | $129.1m | $158.6m | $229.8m | $325.8m | $350.4m | $221.0m | $164.6m | |
| Interest Income, Operating | $18.1m | $21.2m | $20.9m | $17.9m | $10.1m | $12.2m | $35.2m | $45.4m | $20.7m | $48.5m | $41.1m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | — | ($16.0m) | $0 | $0 | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($5.0m) | $5.9m | $8.4m | $4.5m | $8.0m | ($3.7m) | $5.4m | ($300k) | ($25.8m) | $26.7m | — | |
| Gain (Loss) Related to Litigation Settlement | $0 | — | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($5.8m) | $9.0m | ($6.5m) | $3.5m | ($3.8m) | ($12.1m) | ($2.1m) | ($7.5m) | $3.2m | $133.9m | — | |
| Income (Loss) from Equity Method Investments | $400k | $582k | — | $1.4m | $1.7m | $4.0m | $2.9m | $16.0m | $9.5m | $16.4m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | ($61.4m) | $61.4m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | — | — | — | ($257.4m) | $61.4m | |
| Current Income Tax Expense (Benefit) | — | — | — | $1.1m | $790k | $1.2m | $10.3m | $14.5m | $4.3m | $10.8m | ($51.6m) | |
| Real Estate Tax Expense | $44.3m | $52.3m | $56.6m | $61.9m | $72.6m | $94.8m | $110.6m | $117.4m | $125.7m | $111.1m | — | |
| Income Tax Expense (Benefit) | $283k | ($136k) | $88k | $873k | ($775k) | $1.3m | $6.1m | ($8.4m) | ($35.3m) | ($49.2m) | ($51.6m) | |
| Net Income (Loss) Attributable to Parent | $26.3m |
$72.2m
+174.30%
|
$107.2m
+48.55%
|
$161.6m
+50.66%
|
$131.6m
-18.53%
|
$380.2m
+188.84%
|
$242.0m
-36.34%
|
($206.9m)
-185.50%
|
$103.6m
+150.07%
|
$1.4b
+1264.77%
|
($878.7m)
-162.15%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $17.4m |
$65.0m
+274.35%
|
$105.5m
+62.24%
|
$160.3m
+51.92%
|
$131.6m
-17.88%
|
$380.2m
+188.84%
|
$242.0m
-36.34%
|
($213.3m)
-188.14%
|
$89.0m
+141.73%
|
$1.4b
+1429.44%
|
($878.7m)
-164.55%
|
|
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | — | — | — | — | — | — | — | — | — | ($68.4m) | ($878.7m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $150k | $5.1m | $8.4m | $9.8m | ($8.9m) | ($21.5m) | $10.8m | ($8.1m) | $5.3m | $56.4m | ($878.7m) | |
| Preferred Stock Dividends, Income Statement Impact | $8.9m | $7.2m | $1.7m | $1.3m | $0 | $0 | — | $12.3m | $12.8m | $12.6m | — | |
| Earnings Per Share, Basic | $0.27 | $0.85 | $1.29 | $1.80 | $1.34 | $3.36 | $2.00 | ($1.71) | $0.71 | $10.84 | ($6.97) | |
| Earnings Per Share, Diluted | $0.26 | $0.85 | $1.29 | $1.80 | $1.34 | $3.36 | $2.00 | ($1.72) | $0.71 | $10.84 | ($6.97) | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | — | — | — | ($1) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | — | — | — | ($1) | — | |
| Common Stock, Dividends, Per Share, Declared | $2.60 | $2.66 | $2.80 | $2.96 | $3.12 | $3.28 | $3.47 | $3.67 | $3.75 | $7.96 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 65.9m | 76.1m | 81.4m | 88.5m | 97.5m | 112.6m | 120.2m | 123.4m | 124.5m | 124.9m | 123.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 66.3m | 76.7m | 82.0m | 88.9m | 97.5m | 115.1m | 122.9m | 123.8m | 127.2m | 124.9m | 125.3m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $31.9m | $9.8m | $472k | — | — | — | — | — | — | — | — | |
| Direct Costs of Leased and Rented Property or Equipment | $24.3m | $22.0m | $23.1m | $22.0m | $22.2m | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | $369.9m | $180.8m | $0 | $0 | |
| Lease Income | — | — | — | — | $2.1m | — | $28.9m | $2.1b | $2.2b | $1.8b | — | |
| Other Cost and Expense, Operating | $23.4m | $27.1m | $37.6m | $47.4m | $63.4m | — | — | — | — | — | — | |
| Selling Expense | $9.7m | $12.5m | $15.7m | $14.7m | $15.1m | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | $600k | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | $1.4b | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | — | $1.4b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.