Discontinued — last reported Q4 '23
Gross Profit
Sun Communities Gross Profit remained flat by 0.0% to $664.63M in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 28.6%, from $516.70M to $664.63M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests improved manufacturing efficiency, favorable product mix, or higher pricing power, while a decrease may indicate rising raw material costs, supply chain inefficiencies, or competitive pricing pressure.
Detailed definition
Gross profit represents the residual earnings a company retains after deducting the direct costs associated with produci...
Peer comparison
Peers in the medical device and diagnostics sector typically maintain high gross margins due to intellectual property and specialized manufacturing, though these vary based on the specific product mix of nutritionals versus high-tech devices.
gross_profitHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $516.70M | $516.70M | $516.70M | $516.70M | $664.63M | $664.63M | $664.63M | $664.63M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +28.6% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +28.6% | +28.6% | +28.6% | +28.6% |
Gross Profit at Other Companies
Frequently Asked Questions
- What is Sun Communities's gross profit?
- Sun Communities (SUI) reported gross profit of $664.63M in Q1 2023.
- How has Sun Communities's gross profit changed year-over-year?
- Sun Communities's gross profit increased by 28.6% year-over-year, from $516.70M to $664.63M.
- What does gross profit mean?
- The total revenue earned from sales minus the direct costs required to manufacture and deliver those products.