Sun Communities Inc
NYSE:SUI
Income Statement
Earnings Waterfall
Sun Communities Inc
Revenue
|
3.2B
USD
|
Cost of Revenue
|
-1.7B
USD
|
Gross Profit
|
1.5B
USD
|
Operating Expenses
|
-938.9m
USD
|
Operating Income
|
606.1m
USD
|
Other Expenses
|
-819.4m
USD
|
Net Income
|
-213.3m
USD
|
Income Statement
Sun Communities Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
415
N/A
|
425
+2%
|
444
+4%
|
467
+5%
|
484
+4%
|
526
+9%
|
574
+9%
|
629
+10%
|
675
+7%
|
694
+3%
|
719
+4%
|
783
+9%
|
834
+6%
|
894
+7%
|
941
+5%
|
959
+2%
|
983
+2%
|
1 006
+2%
|
1 040
+3%
|
1 095
+5%
|
1 127
+3%
|
1 156
+3%
|
1 197
+4%
|
1 236
+3%
|
1 264
+2%
|
1 287
+2%
|
1 278
-1%
|
1 316
+3%
|
1 398
+6%
|
1 530
+9%
|
1 831
+20%
|
2 115
+16%
|
2 273
+7%
|
2 379
+5%
|
2 590
+9%
|
2 838
+10%
|
2 970
+5%
|
3 072
+3%
|
3 122
+2%
|
3 172
+2%
|
3 225
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(171)
|
(175)
|
(184)
|
(194)
|
(202)
|
(216)
|
(232)
|
(251)
|
(272)
|
(282)
|
(292)
|
(323)
|
(346)
|
(368)
|
(393)
|
(400)
|
(406)
|
(419)
|
(435)
|
(462)
|
(477)
|
(488)
|
(505)
|
(519)
|
(531)
|
(540)
|
(532)
|
(547)
|
(597)
|
(684)
|
(848)
|
(1 000)
|
(1 091)
|
(1 151)
|
(1 286)
|
(1 417)
|
(1 516)
|
(1 593)
|
(1 630)
|
(1 657)
|
(1 680)
|
|
Gross Profit |
245
N/A
|
250
+2%
|
260
+4%
|
273
+5%
|
283
+3%
|
310
+10%
|
342
+10%
|
378
+11%
|
403
+7%
|
413
+2%
|
428
+4%
|
460
+8%
|
488
+6%
|
525
+8%
|
548
+4%
|
559
+2%
|
576
+3%
|
587
+2%
|
605
+3%
|
633
+5%
|
650
+3%
|
668
+3%
|
692
+4%
|
718
+4%
|
734
+2%
|
747
+2%
|
746
0%
|
769
+3%
|
802
+4%
|
846
+5%
|
982
+16%
|
1 114
+13%
|
1 182
+6%
|
1 228
+4%
|
1 304
+6%
|
1 420
+9%
|
1 454
+2%
|
1 479
+2%
|
1 491
+1%
|
1 515
+2%
|
1 545
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(146)
|
(150)
|
(157)
|
(159)
|
(176)
|
(195)
|
(209)
|
(229)
|
(233)
|
(240)
|
(253)
|
(275)
|
(296)
|
(315)
|
(331)
|
(335)
|
(359)
|
(364)
|
(371)
|
(382)
|
(385)
|
(397)
|
(408)
|
(416)
|
(438)
|
(450)
|
(463)
|
(479)
|
(506)
|
(555)
|
(611)
|
(667)
|
(722)
|
(762)
|
(802)
|
(849)
|
(865)
|
(884)
|
(898)
|
(908)
|
(939)
|
|
Selling, General & Administrative |
(36)
|
(37)
|
(39)
|
(40)
|
(43)
|
(46)
|
(49)
|
(54)
|
(55)
|
(58)
|
(63)
|
(68)
|
(74)
|
(79)
|
(82)
|
(84)
|
(97)
|
(99)
|
(101)
|
(103)
|
(98)
|
(100)
|
(102)
|
(105)
|
(110)
|
(115)
|
(117)
|
(121)
|
(129)
|
(138)
|
(155)
|
(172)
|
(199)
|
(216)
|
(231)
|
(254)
|
(260)
|
(269)
|
(270)
|
(269)
|
(279)
|
|
Depreciation & Amortization |
(110)
|
(114)
|
(118)
|
(119)
|
(134)
|
(149)
|
(160)
|
(175)
|
(178)
|
(182)
|
(190)
|
(207)
|
(222)
|
(236)
|
(249)
|
(252)
|
(262)
|
(265)
|
(270)
|
(278)
|
(287)
|
(298)
|
(306)
|
(311)
|
(328)
|
(335)
|
(346)
|
(358)
|
(377)
|
(417)
|
(456)
|
(494)
|
(523)
|
(547)
|
(571)
|
(595)
|
(605)
|
(614)
|
(628)
|
(640)
|
(660)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
99
N/A
|
100
+1%
|
103
+3%
|
114
+10%
|
106
-7%
|
116
+9%
|
133
+15%
|
149
+12%
|
170
+14%
|
173
+2%
|
175
+1%
|
185
+6%
|
192
+4%
|
210
+9%
|
217
+3%
|
223
+3%
|
217
-3%
|
224
+3%
|
234
+5%
|
251
+8%
|
265
+5%
|
271
+2%
|
285
+5%
|
302
+6%
|
295
-2%
|
297
+1%
|
283
-5%
|
290
+3%
|
296
+2%
|
291
-2%
|
371
+28%
|
448
+21%
|
459
+3%
|
466
+1%
|
502
+8%
|
571
+14%
|
589
+3%
|
596
+1%
|
593
0%
|
607
+2%
|
606
0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(77)
|
(75)
|
(75)
|
(76)
|
(77)
|
(85)
|
(94)
|
(102)
|
(111)
|
(112)
|
(113)
|
(120)
|
(122)
|
(127)
|
(131)
|
(130)
|
(132)
|
(131)
|
(131)
|
(134)
|
(134)
|
(137)
|
(137)
|
(136)
|
(138)
|
(155)
|
(142)
|
(136)
|
(127)
|
(114)
|
(132)
|
(152)
|
(167)
|
(175)
|
(183)
|
(184)
|
(231)
|
(268)
|
(298)
|
(341)
|
(334)
|
|
Non-Reccuring Items |
(4)
|
(4)
|
(4)
|
(6)
|
(15)
|
(23)
|
(27)
|
(25)
|
(21)
|
(14)
|
(30)
|
(33)
|
(33)
|
(33)
|
(15)
|
(13)
|
(5)
|
(2)
|
(2)
|
0
|
(5)
|
(7)
|
(1)
|
(1)
|
18
|
(14)
|
5
|
7
|
(22)
|
12
|
9
|
20
|
24
|
(14)
|
(81)
|
(112)
|
(83)
|
(70)
|
(23)
|
1
|
(399)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
1
|
15
|
18
|
26
|
26
|
30
|
125
|
117
|
117
|
98
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
6
|
0
|
0
|
108
|
108
|
122
|
121
|
13
|
12
|
(3)
|
(3)
|
(3)
|
11
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(5)
|
(4)
|
(9)
|
1
|
(1)
|
(3)
|
2
|
(7)
|
(5)
|
(3)
|
(9)
|
2
|
(4)
|
(3)
|
(1)
|
(8)
|
(2)
|
(4)
|
(16)
|
(14)
|
(12)
|
(11)
|
(11)
|
(20)
|
(24)
|
(25)
|
(17)
|
(118)
|
|
Pre-Tax Income |
18
N/A
|
21
+14%
|
25
+21%
|
46
+83%
|
32
-30%
|
34
+6%
|
38
+11%
|
51
+35%
|
164
+221%
|
164
0%
|
148
-10%
|
131
-11%
|
31
-76%
|
45
+42%
|
66
+48%
|
72
+9%
|
82
+13%
|
90
+10%
|
98
+9%
|
120
+23%
|
120
-1%
|
123
+3%
|
143
+17%
|
157
+9%
|
177
+13%
|
125
-29%
|
143
+15%
|
166
+16%
|
145
-13%
|
187
+29%
|
245
+31%
|
408
+67%
|
411
+1%
|
387
-6%
|
349
-10%
|
277
-21%
|
267
-4%
|
232
-13%
|
244
+5%
|
246
+1%
|
(234)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(0)
|
0
|
1
|
1
|
0
|
0
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
2
|
0
|
(2)
|
(1)
|
(3)
|
(5)
|
(7)
|
(6)
|
(4)
|
2
|
3
|
8
|
|
Income from Continuing Operations |
18
|
21
|
25
|
46
|
32
|
34
|
38
|
51
|
163
|
163
|
147
|
130
|
31
|
45
|
67
|
73
|
82
|
90
|
97
|
120
|
119
|
123
|
143
|
156
|
176
|
124
|
142
|
167
|
146
|
188
|
245
|
406
|
410
|
384
|
344
|
270
|
261
|
228
|
245
|
249
|
(225)
|
|
Income to Minority Interest |
(1)
|
(1)
|
(2)
|
(4)
|
(2)
|
(1)
|
(2)
|
(2)
|
(10)
|
(10)
|
(9)
|
(7)
|
(0)
|
(1)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(9)
|
(8)
|
(7)
|
(8)
|
(9)
|
(10)
|
(8)
|
(8)
|
(10)
|
(9)
|
(10)
|
(14)
|
(23)
|
(22)
|
(19)
|
(16)
|
(13)
|
(11)
|
(8)
|
(8)
|
(10)
|
8
|
|
Equity Earnings Affiliates |
2
|
2
|
2
|
2
|
1
|
1
|
8
|
8
|
8
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
1
|
1
|
2
|
2
|
1
|
1
|
1
|
2
|
2
|
3
|
4
|
3
|
4
|
4
|
4
|
5
|
3
|
2
|
0
|
(0)
|
16
|
|
Net Income (Common) |
11
N/A
|
13
+20%
|
17
+31%
|
36
+115%
|
22
-37%
|
21
-4%
|
29
+35%
|
35
+21%
|
137
+293%
|
138
+1%
|
118
-15%
|
108
-8%
|
17
-84%
|
31
+76%
|
51
+66%
|
56
+10%
|
65
+16%
|
74
+14%
|
82
+11%
|
104
+27%
|
106
+2%
|
110
+4%
|
130
+18%
|
141
+8%
|
160
+14%
|
110
-32%
|
128
+17%
|
153
+19%
|
132
-14%
|
173
+31%
|
224
+30%
|
375
+67%
|
380
+1%
|
356
-6%
|
319
-10%
|
250
-22%
|
242
-3%
|
211
-13%
|
227
+7%
|
228
+0%
|
(213)
N/A
|
|
EPS (Diluted) |
0.3
N/A
|
0.31
+3%
|
0.42
+35%
|
0.87
+107%
|
0.54
-38%
|
0.4
-26%
|
0.54
+35%
|
0.64
+19%
|
2.56
+300%
|
2.38
-7%
|
1.82
-24%
|
1.56
-14%
|
0.26
-83%
|
0.42
+62%
|
0.67
+60%
|
0.71
+6%
|
0.85
+20%
|
0.94
+11%
|
1.03
+10%
|
1.28
+24%
|
1.29
+1%
|
1.27
-2%
|
1.48
+17%
|
1.55
+5%
|
1.8
+16%
|
1.18
-34%
|
1.33
+13%
|
1.58
+19%
|
1.35
-15%
|
1.59
+18%
|
2
+26%
|
3.17
+59%
|
3.3
+4%
|
3.07
-7%
|
2.66
-13%
|
2.03
-24%
|
1.97
-3%
|
1.71
-13%
|
1.85
+8%
|
1.85
N/A
|
-1.73
N/A
|