Sun Communities (SUI) Lease Intangible Assets (2020 - 2026)
Sun Communities' Intangibles came in at $34 million for fiscal Q2 2026 (quarter ended Jun 30, 2026), down 66.6% from $101.7 million a year earlier and down 65.2% from the prior quarter.
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Analysis
Sun Communities (SUI) Lease Intangible Assets (2020 - 2026) Analysis & Trends
At the end of FY2025 (ended Dec 31, 2025), Sun Communities' Intangibles was $36.7 million, down 64.2% from FY2024.
- Intangibles has declined in each of the last three fiscal years, with a five-year compound annual growth rate of -34.6% (FY2020 to FY2025).
- Going back by fiscal year, Intangibles was $102.5 million in FY2024 (-72.3%), $369.5 million in FY2023 (-8.1%), $402 million in FY2022 (+31.0%) and $306.8 million in FY2021 (+0.4%).
- The fiscal Q2 2026 figure represents the lowest quarterly Intangibles in data going back to fiscal Q4 2020.
- Year-over-year, Intangibles has declined for 12 consecutive quarters, with an average decline of 53.6% over the last eight quarters.
- The fastest year-over-year change in Intangibles over five years came in fiscal Q4 2022 (growth of 31.0%), and the weakest in fiscal Q3 2025 (a decline of 72.3%).
- Business Quant data shows SUI's Intangibles at $97.8 million (Q1 2026), $36.7 million (Q4 2025) and $97 million (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 176.94 Bn | 162.96 Bn | 1.47 Bn |
| 2 | Prologis | 122.03 Bn | 115.99 Bn | - |
| 3 | Simon Property | 74.72 Bn | 70.78 Bn | - |
| 4 | Public Storage | 61.00 Bn | 59.72 Bn | - |
| 5 | Realty Income | 55.78 Bn | 54.05 Bn | - |
| 6 | Ventas | 45.39 Bn | 44.06 Bn | - |
| 7 | Extra Space Storage | 33.09 Bn | 32.00 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.35 Bn | 25.70 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 24.46 Bn | 24.24 Bn | - |
| 10 | Sun Communities | 14.30 Bn | 12.33 Bn | 530.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 32.40 Mn |
| Jun 30, 2026 | 34.00 Mn |
| Mar 31, 2026 | 97.80 Mn |
| Dec 31, 2025 | 36.70 Mn |
| Sep 30, 2025 | 97.00 Mn |
| Jun 30, 2025 | 101.70 Mn |
| Mar 31, 2025 | 101.20 Mn |
| Dec 31, 2024 | 102.50 Mn |
| Sep 30, 2024 | 350.70 Mn |
| Jun 30, 2024 | 354.20 Mn |
| Mar 31, 2024 | 361.70 Mn |
| Dec 31, 2023 | 369.50 Mn |
| Sep 30, 2023 | 374.70 Mn |
| Jun 30, 2023 | 385.40 Mn |
| Mar 31, 2023 | 392.70 Mn |
| Dec 31, 2022 | 402.00 Mn |
| Sep 30, 2022 | 403.20 Mn |
| Dec 31, 2021 | 306.80 Mn |
| Dec 31, 2020 | 305.61 Mn |
API Access
Sun Communities Lease Intangible Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=lease-intangible-assets&ticker=SUI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "lease-intangible-assets", "ticker": "SUI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=lease-intangible-assets&ticker=SUI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();