Current Liabilities

Operating Lease Liabilities (Current)

Sun Communities Operating Lease Liabilities (Current) decreased by 6.7% to $36.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.1%, from $34.00M to $36.40M. Over 5 years (FY 2021 to FY 2026), Operating Lease Liabilities (Current) shows a downward trend with a -4.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ3 2019
Last reportedQ4 2026Apr 28, 2026

How to read this metric

An increase indicates higher near-term cash outflows for leases, potentially pressuring short-term liquidity.

Detailed definition

This represents the portion of total operating lease obligations that are due to be paid within the next twelve months....

Peer comparison

Commonly reported by all companies with significant lease portfolios.

Metric ID: operating_lease_liabilities_current

Historical Data

21 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Value$46.51M$77.74M$117.08M$129.20M$132.10M$155.60M$152.70M$160.30M$160.00M$161.10M$162.10M$159.50M$161.60M$163.80M$163.00M$34.50M$34.00M$35.90M$40.30M$39.00M$36.40M
QoQ Change+67.2%+50.6%+10.4%+2.2%+17.8%-1.9%+5.0%-0.2%+0.7%+0.6%-1.6%+1.3%+1.4%-0.5%-78.8%-1.4%+5.6%+12.3%-3.2%-6.7%
YoY Change+184.0%+100.2%+30.4%+24.1%+21.1%+3.5%+6.2%-0.5%+1.0%+1.7%+0.6%-78.4%-79.0%-78.1%-75.3%+13.0%+7.1%
Range$34.00M$163.80M
CAGR-4.8%
Avg YoY Growth+4.8%
Median YoY Growth+3.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is Sun Communities's operating lease liabilities (current)?
Sun Communities (SUI) reported operating lease liabilities (current) of $36.40M in Q1 2026.
How has Sun Communities's operating lease liabilities (current) changed year-over-year?
Sun Communities's operating lease liabilities (current) increased by 7.1% year-over-year, from $34.00M to $36.40M.
What is the long-term trend for Sun Communities's operating lease liabilities (current)?
Over 5 years (2021 to 2026), Sun Communities's operating lease liabilities (current) has grown at a -4.8% compound annual growth rate (CAGR), from $46.51M to $36.40M.
What does operating lease liabilities (current) mean?
The amount of lease payments due within one year.