Sun Communities (Sun Communities) Net Margin % : -4.11% (As of Mar. 2024)

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What is Sun Communities Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sun Communities's Net Income for the three months ended in Mar. 2024 was $-27 Mil. Sun Communities's Revenue for the three months ended in Mar. 2024 was $667 Mil. Therefore, Sun Communities's net margin for the quarter that ended in Mar. 2024 was -4.11%.

The historical rank and industry rank for Sun Communities's Net Margin % or its related term are showing as below:

SUI' s Net Margin % Range Over the Past 10 Years
Min: -6.71 Med: 8.87 Max: 23.6
Current: -6.57

SUI's Net Margin % is ranked worse than
76.26% of 792 companies
in the REITs industry
Industry Median: 32.385 vs SUI: -6.57

Sun Communities Net Margin % Historical Data

The historical data trend for Sun Communities's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sun Communities Net Margin % Chart

Sun Communities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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12.96

9.48

16.82

8.25

-6.71

Sun Communities Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															-7.02	10.57	16.85	-60.41	-4.11

Competitive Comparison of Sun Communities's Net Margin %

For the REIT - Residential subindustry, Sun Communities's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sun Communities's Net Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sun Communities's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sun Communities's Net Margin % falls into.

Sun Communities Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Sun Communities's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-213.3	/	3179.2
	=	-6.71 %

Sun Communities's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-27.4	/	666.7
	=	-4.11 %

Sun Communities (NYSE:SUI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Sun Communities Net Margin % Related Terms

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Sun Communities (Sun Communities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sun Communities Inc (NYSE:SUI) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

SCZ:Germany S2UI34:Brazil

Address

27777 Franklin Road, Suite 200, Southfield, MI, USA, 48034

Website

https://www.suncommunities.com

Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 670 properties, which includes 353 manufactured housing communities, 182 residential vehicle communities, and 135 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.

Executives

Baxter Underwood	officer: CEO - Safe Harbor Marinas, LLC	14785 PRESTON RD, 9TH FLOOR, DALLAS TX 75254
Marc Farrugia	officer: EVP & Chief Admin. Officer	27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
Jeff Blau	director
Bruce Thelen	officer: EVP	27777 FRANKLIN RD., STE. 200, SOUTHFIEL MI 48034
Clunet R Lewis	director	27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Fernando Castro-caratini	officer: EVP, CFO, Sec. & Treas.	27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
John Bandini Mclaren	officer: EVP & CFO	27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Stephanie W Bergeron	director	27777 FRANKLIN ROAD, STE 200, SUN COMMUNITIES, INC, SOUTHFIELD MI 48034
Aaron Weiss	officer: EVP, Corp. Strat. & Bus. Dev.	27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
Gary A Shiffman	director, officer: Chrmn and CEO	27777 FRANKLIN ROAD, STE 200, SOUTHFIELD MI 48034
Karen Dearing	officer: EVP, CFO, Sec. & Treasurer	27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Tonya Allen	director	2777 FRANKLIN RD., STE. 200, SOUTHFIELD MI 48034
Ronald A Klein	director	235 EAST MAIN STREET, MIDLAND MI 48640
Jonathan Colman	officer: EVP	27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Brian M Hermelin	director	2064 D STREET, BELLEVILLE MI 48111