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Sun Communities SUI Marina — Operating expenses / Cost of sales

Discontinued — last reported Q2 '24

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Other financials

Income statement

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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

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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

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Operating cash flow$269.3M+10.4%
CapEx$230.3M+36.9%
Free cash flow-$46.5M-330%

Valuation

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Market cap$14.6B-2.3%
Enterprise value$14.15B-4.9%
P/E10.2×-32.7×
P/S6.3×-0.3×

Profitability

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Gross margin86.5%-4.4pp
Net margin62%+46.6pp

Returns & leverage

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Return on equity20.9%+15.9pp
Debt / equity0.0×

Where this comes from

Reported directly by Sun Communities in its filing.

Tagged under the XBRL concept sui:OperatingExpensesAndCostOfSales.

The official record: Sun Communities’s 10-Q, filed October 26, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sun Communities's marina — operating expenses / cost of sales?
Sun Communities (SUI) reported marina — operating expenses / cost of sales of $173.7M in Q3 2023.
What does marina — operating expenses / cost of sales mean?
The total cost of running the marina business segment.
How do you interpret marina — operating expenses / cost of sales?
An increase relative to revenue may indicate rising maintenance costs or operational inefficiencies, while a decrease suggests improved cost management.
How does marina — operating expenses / cost of sales compare across companies?
Similar to operating expense ratios in other hospitality or real estate segments.