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Sun Communities SUI MH — Operating expenses / Cost of sales

Discontinued — last reported Q2 '25

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ELSHome Sales and Rentals Operations — Operating and maintenance
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ELSOperating Segments — Operating Costs And Expenses
$116.59M+9.1%

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 sui:OperatingExpensesAndCostOfSales.

The official record: Sun Communities’s 10-Q, filed November 7, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sun Communities's MH — operating expenses / cost of sales?
Sun Communities (SUI) reported MH — operating expenses / cost of sales of $116.7M in Q3 2024.
How has Sun Communities's MH — operating expenses / cost of sales changed year-over-year?
Sun Communities's MH — operating expenses / cost of sales decreased by 0.5% year-over-year, from $117.3M to $116.7M.
What is the long-term trend for Sun Communities's MH — operating expenses / cost of sales?
Over 3 years (2021 to 2024), Sun Communities's MH — operating expenses / cost of sales has grown at a 25.0% compound annual growth rate (CAGR), from $362.6M to $709M.
What does MH — operating expenses / cost of sales mean?
The total cost to run the properties and sell homes within the segment.
How do you interpret MH — operating expenses / cost of sales?
Lower expenses relative to revenue indicate higher operational efficiency and better profit margins.
How does MH — operating expenses / cost of sales compare across companies?
Standard metric across all industries, often referred to as 'Operating Expenses' or 'Cost of Goods Sold'.