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Sun Communities SUI RV — Real estate tax

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$19.8M
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$2.2M+15.8%

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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:RealEstateTaxExpense.

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 RV — real estate tax?
Sun Communities (SUI) reported RV — real estate tax of $7.5M in Q1 2026.
How has Sun Communities's RV — real estate tax changed year-over-year?
Sun Communities's RV — real estate tax increased by 5.6% year-over-year, from $7.1M to $7.5M.
What is the long-term trend for Sun Communities's RV — real estate tax?
Over 2 years (2023 to 2026), Sun Communities's RV — real estate tax has grown at a 6.8% compound annual growth rate (CAGR), from $24.9M to $28.4M.
What does RV — real estate tax mean?
Represents the property-related tax expenses incurred by the RV segment for its portfolio of properties. These taxes are typically assessed by local jurisdictions based on the assessed value of the real estate holdings within the segment.