Operating Lease Liabilities (Total)
Sun Communities Operating Lease Liabilities (Total) decreased by 6.7% to $36.4M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.1%, from $34M to $36.4M. Over 5 years (FY 2021 to FY 2026), Operating Lease Liabilities (Total) shows a downward trend with a -4.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase indicates higher fixed operating costs, which can reduce financial flexibility during economic downturns.
Detailed definition
This metric reflects the present value of future lease payments for assets where the company does not obtain ownership,...
Peer comparison
Standardized across all companies following recent accounting updates; peers with large corporate footprints will show higher values.
operating_lease_liabilities_totalHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $46.51M | $77.74M | $117.08M | $129.2M | $132.1M | $155.6M | $152.7M | $160.3M | $160M | $161.1M | $162.1M | $159.5M | $161.6M | $163.8M | $163M | $34.5M | $34M | $35.9M | $40.3M | $39M | $36.4M |
| 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% |
Operating Lease Liabilities (Total) at Other Companies
Frequently Asked Questions
- What is Sun Communities's operating lease liabilities (total)?
- Sun Communities (SUI) reported operating lease liabilities (total) of $36.4M 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 $34M to $36.4M.
- 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 $36.4M.
- What does operating lease liabilities (total) mean?
- The total value of future payments owed for leased assets that are not considered ownership-like.