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
DateValue
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%