Sun Communities (SUI) Operating Expenses (2010 - 2026)

Sun Communities (SUI) posted Operating Expenses of $484.4 million for Q1 2026, down 5.0% on a QoQ basis from $509.9 million in Q4 2025, and down 5.52% year-over-year from $512.7 million in Q1 2025.

Sun Communities (SUI) Operating Expenses (2010 - 2026) Analysis & Trends

Sun Communities' Operating Expenses history runs 17 years deep, the most recent figure standing at $484.4 million for Q1 2026.

  • Quarterly Operating Expenses fell 5.52% year-over-year to $484.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.5 billion (up 4.13% YoY) and the FY2025 annual result came in at $2.5 billion, up 5.0% from the prior year.
  • Operating Expenses was $484.4 million for Q1 2026 at Sun Communities, down from $509.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.1 billion in Q2 2023 and bottomed at $484.4 million in Q1 2026.
  • A 5-year average of $672.2 million and a median of $668.6 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses surged 53.2% — and 2024, when it slumped 48.03%.
  • Sun Communities' 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 retreated by 5.0% to $484.4 million in 2026.
  • Business Quant data shows SUI's Operating Expenses at $484.4 million in Q1 2026, $509.9 million in Q4 2025, and $699.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Avalonbay Communities 26.48 Bn 26.48 Bn - 623.23 Mn
2 Equity Residential 25.80 Bn 25.80 Bn - -1.66 Bn
3 Invitation Homes 18.05 Bn 18.05 Bn 694.98 Mn 654.71 Mn
4 Mid America Apartment Communities 15.67 Bn 15.54 Bn 537.05 Mn 205.74 Mn
5 Sun Communities 14.96 Bn 14.96 Bn 491.20 Mn 484.40 Mn
6 Udr 13.01 Bn 12.98 Bn 416.43 Mn 353.46 Mn
7 Equity Lifestyle Properties 12.85 Bn 12.85 Bn 378.95 Mn 285.25 Mn
8 American Homes 4 Rent 12.22 Bn 12.22 Bn - 401.95 Mn
9 Camden Property Trust 11.94 Bn 11.94 Bn - 140.07 Mn
10 Millrose Properties 4.76 Bn 4.76 Bn - 28.85 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 484.40 Mn
Dec 31, 2025 509.90 Mn
Sep 30, 2025 699.10 Mn
Jun 30, 2025 812.60 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
Jun 30, 2021 509.90 Mn