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Sun Communities SUI Gross margin

Discontinued — last reported Q4 '23

Gross margin at other companies

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Cavco IndustriesCVCO
23.5%+0.4pp
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Travel + LeisureTNL
92.9%-5.1pp
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M/I HomesMHO
21.5%-4.0pp
Skyline Champion logo
Skyline ChampionSKY
26.4%-0.3pp
Legacy Housing Corporation logo
Legacy Housing CorporationLEGH
49.4%-1.4pp
Thor Industries logo
Thor IndustriesTHO
13.2%-1.1pp

Other financials

Income statement

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Revenue$484.6M-22.3%
Gross profit$664.6M+28.6%
Net income-$1.0B-177%
EPS (diluted)-$8.08-181%

Balance sheet

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Cash & equivalents$165.2M-88.7%
Total debt$22.6M-51.5%
Total equity$5.5B-25.5%
Total assets$10.9B-18.7%

Cash flow

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Operating cash flow$535.2M+7.1%
CapEx$230.3M+36.9%
Free cash flow-$46.5M-330%

Valuation

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Market cap$15.22B-3.4%
Enterprise value$15.07B-6.0%
P/S+1.8×

Profitability

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Net margin-42.7%-97.1pp
FCF margin-6.1%-9.6pp

Returns & leverage

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Return on equity-14.3%-37.0pp
Debt / equity0.0×

Where this comes from

Calculated from Sun Communities’s reported figures.

Based on trailing twelve months.

The source filing: Sun Communities’s 10-Q, filed April 27, 2023. Open the filing →

Filed
Apr 27, 2023
Fiscal quarter
Q4 FY2023
Calendar quarter
Q2 2023
Accession
0000912593-23-000173

FAQ

What is Sun Communities's gross margin?
Sun Communities (SUI) reported gross margin of 86.5% in Q1 2023.
How has Sun Communities's gross margin changed year-over-year?
Sun Communities's gross margin decreased by 4.9% year-over-year, from 90.9% to 86.5%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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