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Sun Communities SUI MH — Operating Income (Loss)

Other segment segments

RV
$49.4M+7.9%
UK
$18M+5.9%

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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$15.01B+0.2%
Enterprise value$14.56B-2.5%
P/E10.5×-32.5×
P/S6.5×-0.1×

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:OperatingIncomeLoss.

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 — operating income (loss)?
Sun Communities (SUI) reported MH — operating income (loss) of $188M in Q1 2026.
How has Sun Communities's MH — operating income (loss) changed year-over-year?
Sun Communities's MH — operating income (loss) increased by 7.2% year-over-year, from $175.3M to $188M.
What is the long-term trend for Sun Communities's MH — operating income (loss)?
Over 4 years (2022 to 2026), Sun Communities's MH — operating income (loss) has grown at a 3.4% compound annual growth rate (CAGR), from $621M to $708.5M.
What does MH — operating income (loss) mean?
Measures the core profitability of the manufactured housing segment by subtracting operating expenses from segment revenues. It serves as a primary indicator of the operational efficiency and performance of the manufactured housing business unit before corporate-level expenses.