Sun Communities (SUI) Operating Expenses (2010 - 2026)
Sun Communities' (SUI) quarterly Operating Expenses came in at $434.4 million in Q2 2026, down 23.67% on a YoY basis from $569.1 million in Q2 2025, and down 10.32% quarter-over-quarter from $484.4 million in Q1 2026.
Analysis
Sun Communities (SUI) Operating Expenses (2010 - 2026) Analysis & Trends
Sun Communities (SUI) has reported Operating Expenses for 17 consecutive years, with $434.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 23.67% year-over-year to $434.4 million; the trailing twelve-month figure through Jun 2026 stood at $2.1 billion (down 11.79% YoY), and the FY2025 full-year result was $2.5 billion, up 5.0% from the prior year.
- Operating Expenses slipped to $434.4 million in Q2 2026 per SUI's latest filing, from $484.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $1.1 billion in Q2 2023 and bottomed at $434.4 million in Q2 2026.
- Historically, Operating Expenses has averaged $645.5 million across 5 years, with a median of $627.2 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 53.2% in 2023, then plunged 48.03% in 2024.
- Over 5 years, Operating Expenses stood at $667.5 million in 2022, then rose by 11.0% to $740.9 million in 2023, then climbed by 0.35% to $743.5 million in 2024, then tumbled by 31.42% to $509.9 million in 2025, then dropped by 14.81% to $434.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $434.4 million, $484.4 million, and $509.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.25 Bn | 24.25 Bn | - | 566.18 Mn |
| 2 | Invitation Homes | 16.39 Bn | 16.39 Bn | 705.34 Mn | 657.51 Mn |
| 3 | Mid America Apartment Communities | 14.47 Bn | 14.35 Bn | 537.17 Mn | 218.72 Mn |
| 4 | Sun Communities | 14.16 Bn | 14.16 Bn | 460.10 Mn | 434.40 Mn |
| 5 | Equity Lifestyle Properties | 11.71 Bn | 11.71 Bn | 375.97 Mn | 298.46 Mn |
| 6 | American Homes 4 Rent | 11.38 Bn | 11.38 Bn | - | 397.77 Mn |
| 7 | Udr | 11.31 Bn | 11.31 Bn | 412.43 Mn | 345.25 Mn |
| 8 | Camden Property Trust | 10.50 Bn | 10.50 Bn | - | 140.94 Mn |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | 636.04 Mn |
| 10 | Independence Realty Trust | 3.56 Bn | 3.56 Bn | - | 141.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 434.40 Mn |
| Mar 31, 2026 | 484.40 Mn |
| Dec 31, 2025 | 509.90 Mn |
| Sep 30, 2025 | 699.10 Mn |
| Jun 30, 2025 | 569.10 Mn |
| Mar 31, 2025 | 512.70 Mn |
| Dec 31, 2024 | 743.50 Mn |
| Sep 30, 2024 | 586.90 Mn |
| Jun 30, 2024 | 563.50 Mn |
| Mar 31, 2024 | 519.70 Mn |
| Dec 31, 2023 | 740.90 Mn |
| Sep 30, 2023 | 840.70 Mn |
| Jun 30, 2023 | 1.08 Bn |
| Mar 31, 2023 | 668.60 Mn |
| Dec 31, 2022 | 667.50 Mn |
| Sep 30, 2022 | 763.10 Mn |
| Jun 30, 2022 | 707.70 Mn |
| Mar 31, 2022 | 523.00 Mn |
| Dec 31, 2021 | 521.40 Mn |
| Sep 30, 2021 | 537.30 Mn |