Non-Current Liabilities

Operating Lease Liabilities (Total)

Sun Communities Operating Lease Liabilities (Total) 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 (Total) shows a downward trend with a -4.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ3 2019
Last reportedQ4 2026Apr 28, 2026

How to read this metric

An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.

Detailed definition

This represents the total present value of future lease payments for operating leases, recognized as a liability on the...

Peer comparison

Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.

Metric ID: operating_lease_liabilities_total

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 (total)?
Sun Communities (SUI) reported operating lease liabilities (total) of $36.40M in Q1 2026.
How has Sun Communities's operating lease liabilities (total) changed year-over-year?
Sun Communities's operating lease liabilities (total) 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 (total)?
Over 5 years (2021 to 2026), Sun Communities's operating lease liabilities (total) has grown at a -4.8% compound annual growth rate (CAGR), from $46.51M to $36.40M.
What does operating lease liabilities (total) mean?
The total value of future payments the company is obligated to make for leased assets.