Sun Communities reports a gross margin of 54.6%, an operating margin of 9.9%, an EBITDA margin of -9.8%, and a net margin of -39.5%, while its EBITDA margin is negative at -9.8%, and its net margin is negative at -39.5%. Gross margin increased the most, by 0.8 percentage points, while EBITDA margin fell the most, by 105.1 percentage points.
Over the last 3 years, Sun Communities's margins averaged 54.95% gross, 13.03% operating, 54.49% EBITDA, and 17.85% net. All four current margins are below their three-year averages.
Compared with the same period last year, gross margin expanded by 0.8 percentage points, while operating margin contracted by 6.8 percentage points, EBITDA margin by 105.1 percentage points, and net margin by 99.4 percentage points.
Looking at the last 3 years, Sun Communities had an average gross margin of 54.95%. Against its three-year average, Sun Communities's gross margin is currently 54.6%, 0.4 percentage points below its three-year average. Looking back over the last 3 years, Sun Communities's gross margin reached 61.2% at its highest point in Sep 2024 and 52.4% at its lowest in Mar 2025.
Across the last 3 years, Sun Communities's operating margin averaged 13.03%. Compared with its three-year average, Sun Communities's current operating margin is 9.9% and is 3.1 percentage points below its three-year average. Operating margin was highest at 22.5% in Sep 2024 and lowest at 4.4% in Dec 2025.
Over the last 3 years, Sun Communities's EBITDA margin averaged 54.49%. Currently, Sun Communities's current EBITDA margin is -9.8%, which is 64.3 percentage points below its three-year average. During this period, EBITDA margin reached a high of 95.3% in Jun 2025 and a low of -9.8% in Jun 2026.
Across the last 3 years, Sun Communities's net margin averaged 17.85%. The current net margin stands at -39.5%, 57.4 percentage points below its three-year average. Net margin was highest at 63% in Mar 2026 and lowest at -39.5% in Jun 2026.
With a gross margin of 54.6%, SUI stands below the Real Estate sector, the industry and its peers average. Compared to its Real Estate sector average of 62.8%, Sun Communities's gross margin is 13% lower.
For the period ending Jun 30, 2026, SUI recorded a gross margin of 54.6%.
The current operating margin for SUI is 9.9% as of Jun 30, 2026.
The current EBITDA margin for SUI is -9.8% as of Jun 30, 2026.
The current net margin for SUI is -39.5% as of Jun 30, 2026.
Across the last 3 years, SUI averaged 55.0% gross, 13.0% operating, 54.5% EBITDA, and 17.9% net.
Over this 5-year history, SUI peaked at 61.2% gross in Sep 2024, 22.5% operating in Sep 2024, 95.3% EBITDA in Jun 2025, and 63% net in Mar 2026.
Sun Communities's lowest recorded margins during the past 5 years were 47.6% gross in Sep 2023, 4.4% operating in Dec 2025, -9.8% EBITDA in Jun 2026, and -39.5% net in Jun 2026.