Sun Communities (SUI) Operating Expenses (2010 - 2026)
Sun Communities (SUI) recorded Operating Expenses of $434.4 million in fiscal Q2 2026 (quarter ended Jun 30, 2026), down 23.7% from $569.1 million a year earlier and down 10.3% from the prior quarter.
Sun Communities (SUI) Operating Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Sun Communities' Operating Expenses came in at $2.13 billion as of Jun 30, 2026, down 11.8% year-over-year; for FY2025 (ended Dec 31, 2025), it came in at $2.53 billion, up 5.0% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 15.0% (FY2020 to FY2025).
- Across earlier fiscal years, Operating Expenses came in at $2.41 billion in FY2024 (-2.6%), $2.48 billion in FY2023 (-6.9%), $2.66 billion in FY2022 (+33.9%) and $1.99 billion in FY2021 (+57.4%).
- The fiscal Q2 2026 figure is the lowest quarterly Operating Expenses since fiscal Q1 2021.
- On a year-over-year basis, Operating Expenses has declined for three consecutive quarters, with an average decline of 9.0% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 67.7% in fiscal Q3 2021, against a decline of 48.0% in fiscal Q2 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $484.4 million (Q1 2026), $509.9 million (Q4 2025) and $699.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | 1.47 Bn |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 900.79 Mn |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | 1.19 Bn |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 766.20 Mn |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | 1.68 Bn |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 481.97 Mn |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 315.61 Mn |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | 566.18 Mn |
| 10 | Sun Communities | 13.71 Bn | 13.78 Bn | 460.10 Mn | 434.40 Mn |
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 |
Sun Communities Operating Expenses 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=operating-expenses&ticker=SUI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=SUI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();