Sun Communities, Inc. Website

Sun Communities, Inc.

NYSE-SUI

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

1,004.7

1,130.1

1,598.2

1,902.2

2,059.8

2,120.5

Interest And Invest. Income

17.9

10.1

12.2

35.2

45.4

29.9

Other Revenues, Total

228.7

242.6

636

1,000.3

1,074.8

1,060.7

Total Revenues

1,251.3

1,382.8

2,246.4

2,937.7

3,180

3,211.1

Total Revenues % Chg.

11.6%

10.5%

62.5%

30.8%

8.2%

4.1%

Cost of Goods Sold, Total

547.2

613.9

1,109.3

1,519.1

1,688.3

1,699.2

Gross Profit

704

768.9

1,137.1

1,418.6

1,491.7

1,511.9

Selling General & Admin Expenses, Total

92.8

109.5

181.3

256.8

270.2

287.2

Depreciation & Amortization

328.1

376.9

522.7

601.8

660

678.4

Other Operating Expenses

-14.1

-17.2

-30.2

-34.9

-60.6

-55.5

Other Operating Expenses, Total

406.7

469.2

673.8

823.7

869.6

910.1

Operating Income

297.3

299.7

463.3

594.9

622.1

601.8

Interest Expense, Total

-137.9

-133.3

-162.8

-234

-329.1

-350.9

Net Interest Expenses

-137.9

-133.3

-162.8

-234

-329.1

-350.9

Income (Loss) On Equity Invest.

—

—

—

—

—

—

—

—

—

Currency Exchange Gains (Loss)

—

—

4.5

7.7

-3.7

5.4

-0.3

-2

Other Non Operating Income (Expenses)

—

—

-1.7

-5.2

-1.8

1.9

-7.5

-11.4

EBT, Excl. Unusual Items

162.3

168.9

295

368.2

285.2

237.5

Merger & Related Restructuring Charges

—

—

—

—

—

—

-23

-1.4

-24.7

-3

-0.2

Impairment of Goodwill

—

—

—

—

—

—

—

—

—

-369.9

-44.8

Gain (Loss) On Sale Of Investments

—

—

—

34.2

4.5

33.3

-56.1

-20.2

3.7

Gain (Loss) On Sale Of Assets

—

—

—

—

5.6

108.1

12.2

11

21.1

Asset Writedown

—

—

—

—

—

—

—

-7

-10.1

-33.5

Legal Settlements

—

—

—

—

—

—

—

—

—

—

10.3

Other Unusual Items

-18.2

-9.4

-19.9

-22.7

-110.5

-117.2

EBT, Incl. Unusual Items

178.3

146.6

415.1

269.9

-217.5

76.9

Income Tax Expense

0.9

-0.8

1.3

6.1

-8.4

-7.4

Earnings From Continuing Operations

177.4

147.4

413.8

263.8

-209.1

84.3

Minority Interest

-15.8

-15.8

-33.6

-21.8

-4.2

-20.4

Net Income

161.6

131.6

380.2

242

-213.3

63.9

Preferred Dividend and Other Adjustments

2.5

0.8

2.4

1.4

-1.8

0.2

Net Income to Common Incl Extra Items

159.1

130.8

377.8

240.6

-211.5

63.7

Net Income to Common Excl. Extra Items

159.1

130.8

377.8

240.6

-211.5

63.7

Total Shares Outstanding

93.2

107.6

116

124

124.4

124.7

Weighted Avg. Shares Outstanding

88.5

97.5

112.6

120.2

123.4

123.6

Weighted Avg. Shares Outstanding Dil

88.9

97.5

115.1

122.9

123.8

123.9

EPS

1.8

1.3

3.4

2

-1.7

0.5

EPS Diluted

1.8

1.3

3.4

2

-1.7

0.5

EBITDA

604.6

666.7

972.1

1,171

1,263.3

1,260

Effective Tax Rate

0.5%

-0.5%

0.3%

2.3%

3.9%

-9.6%