Income StatementBalance SheetCash FlowSegments
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Sun Communities Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Sun Communities holds $12.4B in total assets. Shareholders' equity is $6.8B against $45.5M in total debt. Cash and equivalents total $497.0M. Based on the Q2 2026 filing.

Total Assets$12.4BTotal Stockholders Equity$6.8BCash And Equivalents$497.0M
Latest FilingQ2 2026
Report Date2026-04-28
Market Cap$15.4B
P/E Ratio10.77
ROE20.92%

Equity

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Additional paid-in capital$9.9B$9.9B$9.7B$9.6B$9.6B$9.5B
Accumulated other comprehensive income (loss)-$7.9M-$6.6M$44.2M$25.9M$26.5M$11.8M
Common stock$1.3M$1.3M$1.3M$1.2M$1.2M$1.2M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$1.3M$1.3M$1.3M$1.2M$1.2M$1.2M
Noncontrolling interests$700.0K$500.0K$400.0K$400.0K$116.7M$109.4M
Distributions in excess of accumulated earnings$2.8B$2.9B$2.4B$2.6B$2.6B$2.8B
Total liabilities and stockholders' equity$16.5B$16.5B$13.4B$12.8B$12.5B$12.4B
Total stockholders' equity$7.1B$6.9B$7.4B$7.0B$7.0B$6.8B

Current Assets

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Cash and cash equivalents$57.1M$97.4M$1.5B$1.2B$636.1M$497.0M

Other

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Contract with Customer, Liability$249.4M$327.3M$308.2M$308.3M$255.9M$327.0M
Loans Payable$3.2B———$2.4B—
Noncontrolling interests in subsidiaries$111.1M$104.5M$124.3M$121.0M$116.7M$109.4M
Leased real estate investments, Carrying Value$834.1M$827.5M$864.9M$897.8M$940.2M$967.2M
Temporary equity (see Note 8)$259.8M$244.3M$257.9M$256.2M$255.7M$196.8M

Current Liabilities

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Contract liabilities$249.4M$327.3M$308.2M$308.3M$255.9M$327.0M
Dividends payable$122.6M$122.6M$133.8M$131.4M$131.1M$140.9M
Operating lease liabilities, current$34.5M$34.0M$35.9M$40.3M$39.0M$36.4M

Non-Current Liabilities

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Finance lease liabilities$14.2M$14.3M$10.7M$10.5M$10.6M$9.1M
Finance Lease Liabilities (Total)$14.2M$14.3M$10.7M$10.5M$10.6M$9.1M
Accounts payable, accrued expenses, and other liabilities (includes VIE balances of $159 and $183)$265.8M$231.4M$262.1M$282.0M$228.1M$256.9M
Loan Amount$3.2B$3.2B$2.5B$2.4B$2.4B$2.4B
Unsecured debt$4.1B$4.1B$1.8B$1.8B$1.8B$1.8B
Unsecured debt (see Note 7)$4.1B———$1.8B—
Operating Lease Liabilities (Total)$34.5M$34.0M$35.9M$40.3M$39.0M$36.4M
Other non-current liabilities$819.3M$830.6M$545.8M$444.6M$320.6M$328.1M
Other Secured Financings$51.2M$49.3M$46.6M$45.4M$43.2M$41.6M
Total liabilities$9.1B$9.2B$5.6B$5.4B$5.2B$5.3B

Non-Current Assets

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Goodwill$9.5M$9.5M$9.5M$9.5M$9.5M$9.5M
Intangible assets, net$102.5M$101.2M$101.7M$97.0M$101.5M$97.8M
Accounts and notes receivable$430.1M$373.7M$345.7M$468.4M$332.1M$333.1M
Other intangible assets—net$102.5M$101.2M$101.7M$97.0M$101.5M$97.8M
Inventory of manufactured homes$129.8M$172.4M$172.0M$155.1M$142.9M$132.8M
Other Assets$442.4M$449.3M$369.3M$359.0M$355.9M$375.5M
Land improvements and buildings$9.1B$9.0B$9.1B$8.9B$9.3B$9.3B
Real Estate Investment Property, Net$10.9B$10.8B$10.7B$10.5B$10.9B$10.9B
Other non-current assets$442.4M$449.3M$369.3M$359.0M$355.9M$375.5M
Accumulated depreciation$3.2B$3.3B$3.4B$3.5B$3.6B$3.7B
Furniture, fixtures and equipment$739.2M$763.5M$779.4M$746.4M$769.8M$763.4M
Land$3.5B$3.5B$3.4B$3.4B$3.5B$3.5B
Investment properties, at cost$14.1B$14.1B$14.2B$14.0B$14.5B$14.6B
Total assets$16.5B$16.5B$13.4B$12.8B$12.5B$12.4B