Sun Communities (SUI) Gross Margin (2010 - 2026)
Sun Communities posted quarterly Gross Margin of 96.71% for Q1 2026, up 790.0% year-on-year from 10.87% in Q1 2025, and down 18.28% on a QoQ basis from 118.34% in Q4 2025.
Sun Communities (SUI) has 17 years of Gross Margin data on file, last reported 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.
- Across five years, Gross Margin topped out at 118.34% in Q4 2025 and bottomed at 80.89% in Q2 2023.
- The 5-year median for Gross Margin is 90.39% (2023), against an average of 95.61%.
- The widest annual swing landed in 2024, when Gross Margin surged 1139 bps; it then sank 773 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 106.07% in 2022, then rose by 11 bps to 117.23% in 2023, then rose by 1 bps to 118.29% in 2024, then grew by 0 bps to 118.34% in 2025, then decreased 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 | 25.91 Bn | 26.13 Bn | - | - |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | - |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 94.67% |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 96.71% |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 96.67% |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 97.79% |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 99.04% |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | - |
| 10 | Millrose Properties | 4.59 Bn | 4.59 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% |
| Mar 31, 2021 | 89.73% |
| Dec 31, 2020 | 112.49% |
| Sep 30, 2020 | 95.60% |
| Jun 30, 2020 | 87.24% |
| Mar 31, 2020 | 86.82% |
| Dec 31, 2019 | 83.74% |
| Sep 30, 2019 | 98.90% |
| Jun 30, 2019 | 88.98% |
| Mar 31, 2019 | 97.53% |
| Dec 31, 2018 | 100.00% |
| Sep 30, 2018 | 89.58% |
| Jun 30, 2018 | 96.96% |
| Mar 31, 2018 | 89.70% |
| Dec 31, 2017 | 98.73% |
| Sep 30, 2017 | 98.77% |
| Jun 30, 2017 | 98.74% |
| Mar 31, 2017 | 91.09% |
| Dec 31, 2016 | 97.67% |
| Sep 30, 2016 | 98.94% |
| Jun 30, 2016 | 97.07% |
| Mar 31, 2016 | 97.91% |
| Dec 31, 2015 | 113.15% |
| Sep 30, 2015 | 90.27% |
| Jun 30, 2015 | 97.50% |
| Mar 31, 2015 | 98.91% |
| Dec 31, 2014 | 114.41% |
| Sep 30, 2014 | 94.32% |
| Jun 30, 2014 | 90.38% |
| Mar 31, 2014 | 92.94% |
| Dec 31, 2013 | 120.84% |
| Sep 30, 2013 | 90.52% |
| Jun 30, 2013 | 90.63% |
| Mar 31, 2013 | 90.46% |
| Dec 31, 2012 | 88.56% |
| Sep 30, 2012 | 90.62% |
| Jun 30, 2012 | 89.09% |
| Mar 31, 2012 | 90.63% |
| Dec 31, 2011 | 91.97% |
| Sep 30, 2011 | 91.49% |
| Jun 30, 2011 | 90.62% |
| Mar 31, 2011 | 90.69% |
| Dec 31, 2010 | 92.19% |
| Sep 30, 2010 | 91.78% |
| Jun 30, 2010 | 89.16% |