KPIs & Operating Metrics(New)

Sun Communities (SUI) Leases (2021 - 2026)

Sun Communities posted quarterly Leases of $19.7 million for Q1 2026, down 34.98% year-on-year from $30.3 million in Q1 2025, and down 67.11% on a QoQ basis from $59.9 million in Q4 2025.

Sun Communities (SUI) has 6 years of Leases data on file, last reported at $19.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Leases fell 34.98% year-over-year to $19.7 million; the trailing twelve-month figure through Mar 2026 stood at $19.7 million (down 34.98% YoY), and the FY2025 full-year result was $59.9 million, up 91.37% from the prior year.
  • Leases for Q1 2026 stood at $19.7 million, down from $59.9 million in the prior quarter.
  • Across five years, Leases topped out at $189.4 million in Q4 2022 and bottomed at $19.7 million in Q1 2026.
  • The 5-year median for Leases is $32.7 million (2023), against an average of $57.0 million.
  • The widest annual swing landed in 2024, when Leases surged 456.71%; it then slumped 84.99% in 2025.
  • A 5-year view of Leases shows it stood at $189.4 million in 2022, then tumbled by 82.79% to $32.6 million in 2023, then slipped by 3.99% to $31.3 million in 2024, then soared by 91.37% to $59.9 million in 2025, then tumbled by 67.11% to $19.7 million in 2026.
  • The last three Leases figures came in at $19.7 million (Q1 2026), $59.9 million (Q4 2025), and $60.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - -
2 Equity Residential 25.13 Bn 25.27 Bn - 364.31 Mn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 34.20 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 19.70 Mn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn -
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - 15.68 Mn
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 186.64 Mn
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn -
9 Camden Property Trust 11.27 Bn 11.34 Bn - -
10 Millrose Properties 4.59 Bn 4.59 Bn - -

Historic Data

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DateValue
Mar 31, 2026 19.70 Mn
Dec 31, 2025 59.90 Mn
Sep 30, 2025 60.80 Mn
Jun 30, 2025 27.40 Mn
Mar 31, 2025 30.30 Mn
Dec 31, 2024 31.30 Mn
Sep 30, 2024 32.10 Mn
Jun 30, 2024 182.60 Mn
Mar 31, 2024 31.70 Mn
Dec 31, 2023 32.60 Mn
Sep 30, 2023 34.80 Mn
Jun 30, 2023 32.80 Mn
Mar 31, 2023 32.80 Mn
Dec 31, 2022 189.40 Mn
Dec 31, 2021 138.20 Mn