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Sun Communities SUI MH — Legal, taxes, and insurance - real property

Discontinued — last reported Q4 '26

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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
FCF margin-6.1%-9.6pp

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 us-gaap:ProfessionalFees.

The official record: Sun Communities’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sun Communities's MH — legal, taxes, and insurance - real property?
Sun Communities (SUI) reported MH — legal, taxes, and insurance - real property of $7.5M in Q1 2026.
How has Sun Communities's MH — legal, taxes, and insurance - real property changed year-over-year?
Sun Communities's MH — legal, taxes, and insurance - real property decreased by 1.3% year-over-year, from $7.6M to $7.5M.
What is the long-term trend for Sun Communities's MH — legal, taxes, and insurance - real property?
Over 2 years (2023 to 2026), Sun Communities's MH — legal, taxes, and insurance - real property has grown at a 19.7% compound annual growth rate (CAGR), from $22.6M to $32.4M.
What does MH — legal, taxes, and insurance - real property mean?
The combined cost of legal fees, property taxes, and insurance for the segment.
How do you interpret MH — legal, taxes, and insurance - real property?
Significant increases often reflect rising property tax assessments or insurance market hardening, which can compress operating margins if not offset by rent growth.
How does MH — legal, taxes, and insurance - real property compare across companies?
Standard 'Property Operating Expenses' category for REITs.