Sun Communities (FRA:SCZ) Tax Rate % : 12.37% (As of Mar. 2024)

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What is Sun Communities Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sun Communities's Tax Expense for the three months ended in Mar. 2024 was €-3 Mil. Sun Communities's Pre-Tax Income for the three months ended in Mar. 2024 was €-27 Mil. Therefore, Sun Communities's Tax Rate % for the quarter that ended in Mar. 2024 was 12.37%.

Sun Communities Tax Rate % Historical Data

The historical data trend for Sun Communities's Tax Rate % 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.

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Sun Communities Tax Rate % Chart

Sun Communities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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0.49

-0.53

0.31

2.26

3.86

Sun Communities Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															1.43	-2.42	1.26	1.67	12.37

Sun Communities Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Sun Communities's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-7.703	/	-199.447
	=	3.86 %

Sun Communities's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	-3.312	/	-26.772
	=	12.37 %

Sun Communities Tax Rate % Related Terms

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Sun Communities (FRA:SCZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sun Communities Inc (FRA:SCZ) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SUI:USA 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.