Discontinued — last reported Q2 '25
Business Segments · Fixed lease income
Marina — Fixed lease income
Sun Communities Marina — Fixed lease income increased by 10.9% to $131.8M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $125.8M to $131.8M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2022
Last reportedQ2 2025Nov 7, 2024
Rolls up toLease Income
How to read this metric
An increase indicates higher long-term occupancy or successful rate adjustments, while a decrease may signal rising vacancy or competitive pressure.
Detailed definition
Represents the recurring revenue generated from long-term slip rentals and storage agreements within the marina portfoli...
Peer comparison
Similar to rental income in residential REITs or base rent in commercial property portfolios.
Metric ID:
sui_segment_marina_fixed_lease_incomeHistorical Data
12 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q2 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $73.33M | $73.33M | $73.33M | $73.33M | $115.8M | $89.1M | $111.7M | $125.8M | $97.7M | $96.4M | $118.8M | $131.8M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +57.9% | -23.1% | +25.4% | +12.6% | -22.3% | -1.3% | +23.2% | +10.9% |
| YoY Change | — | — | — | — | +57.9% | +21.5% | — | +8.6% | — | +8.2% | +6.4% | +4.8% |
Range$73.33M – $131.8M
CAGR+23.8%
Avg YoY Growth+17.9%
Median YoY Growth+8.4%
Current Streak2 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Sun Communities's marina — fixed lease income?
- Sun Communities (SUI) reported marina — fixed lease income of $131.8M in Q3 2024.
- How has Sun Communities's marina — fixed lease income changed year-over-year?
- Sun Communities's marina — fixed lease income increased by 4.8% year-over-year, from $125.8M to $131.8M.
- What does marina — fixed lease income mean?
- Recurring revenue from long-term marina slip and storage leases.