What does home sales and home rentals segment — net income mean?

The total profit generated by the home sales and rental division after all related costs.

How do you interpret home sales and home rentals segment — net income?

Higher net income indicates strong operational efficiency and market demand for the segment's products.

How does home sales and home rentals segment — net income compare across companies?

The standard metric for evaluating segment performance across all REITs and operating companies.

Sun Communities SUI Home Sales and Home Rentals Segment — Net Income

Discontinued — last reported Q2 '21

Similar metrics at other companies

ELSHome Sales and Rentals Operations — Revenue

$32.96M-14.4%

ELSHome Sales and Rentals Operations — Operating Income (Loss)

$874K-63.0%

MIT

MITTSingle Family Rental Properties — Net Income Loss

-$1.06M-256%

AMHReportable Segment — Net Income

$148.84M+15.6%

ELSOperating Segments — Rental Home Income

$3.54M-0.4%

NRZ

NRZResidential Securities, Properties and Loans — Net Income

——

Other financials

Income statement

See full

Revenue$507.9M+8.0%

Gross profit$664.6M+28.6%

Net income-$6.3M+84.9%

EPS (diluted)-$0.07+79.4%

Balance sheet

See full

Cash & equivalents$497.0M+410%

Total debt$45.5M-5.8%

Total equity$6.8B-2.4%

Total assets$12.4B-25.1%

Cash flow

See full

Operating cash flow$269.3M+10.4%

CapEx$230.3M+36.9%

Free cash flow-$46.5M-330%

Valuation

See full

Market cap$14.6B-2.3%

Enterprise value$14.15B-4.9%

P/E10.2×-32.7×

P/S6.3×-0.3×

Profitability

See full

Gross margin86.5%-4.4pp

Net margin62%+46.6pp

FCF margin-6.1%-9.6pp

Returns & leverage

See full

Return on equity20.9%+15.9pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Sun Communities in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The official record: Sun Communities’s 10-Q, filed October 22, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does home sales and home rentals segment — net income mean?: The total profit generated by the home sales and rental division after all related costs.
How do you interpret home sales and home rentals segment — net income?: Higher net income indicates strong operational efficiency and market demand for the segment's products.
How does home sales and home rentals segment — net income compare across companies?: The standard metric for evaluating segment performance across all REITs and operating companies.