Sun Communities (SUI) Gross Margin (2010 - 2026)
Sun Communities (SUI) reported Gross Margin of 96.71% for Q1 2026, up 790.0% on a YoY basis from 10.87% in Q1 2025, and down 18.28% quarter-over-quarter from 118.34% in Q4 2025.
Sun Communities (SUI) Gross Margin (2010 - 2026) Analysis & Trends
Sun Communities has reported Gross Margin for 17 years, with the latest figure at 96.71% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 790.0% year-over-year to 96.71%; the trailing twelve-month figure through Mar 2026 stood at 98.86% (up 230.0% YoY), and the FY2025 full-year result was 95.4%, up 22.0% from the prior year.
- Gross Margin for Q1 2026 stood at 96.71%, down from 118.34% in the prior quarter.
- The five-year high for Gross Margin was 118.34% in Q4 2025, with the low at 80.89% in Q2 2023.
- Historically, Gross Margin has averaged 95.61% across 5 years, with a median of 90.39% in 2023.
- Annual changes were most pronounced in 2024 — Gross Margin surged 1139 bps — and 2025, when it tumbled 773 bps.
- Sun Communities' Gross Margin stood at 106.07% in 2022, then increased by 11 bps to 117.23% in 2023, then increased by 1 bps to 118.29% in 2024, then climbed by 0 bps to 118.34% in 2025, then retreated by 18 bps to 96.71% in 2026.
- The last three Gross Margin figures came in at 96.71% (Q1 2026), 118.34% (Q4 2025), and 89.8% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | - |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | - |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 94.67% |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 96.67% |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 96.71% |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 97.79% |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | 99.04% |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | - |
| 10 | Millrose Properties | 4.75 Bn | 4.75 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 96.71% |
| Dec 31, 2025 | 118.34% |
| Sep 30, 2025 | 89.80% |
| Jun 30, 2025 | 94.63% |
| Mar 31, 2025 | 88.81% |
| Dec 31, 2024 | 118.29% |
| Sep 30, 2024 | 93.75% |
| Jun 30, 2024 | 87.12% |
| Mar 31, 2024 | 96.55% |
| Dec 31, 2023 | 117.23% |
| Sep 30, 2023 | 82.37% |
| Jun 30, 2023 | 80.89% |
| Mar 31, 2023 | 90.39% |
| Dec 31, 2022 | 106.07% |
| Sep 30, 2022 | 89.66% |
| Jun 30, 2022 | 88.59% |
| Mar 31, 2022 | 86.20% |
| Dec 31, 2021 | 104.02% |
| Sep 30, 2021 | 86.19% |
| Jun 30, 2021 | 85.97% |