SUI Sun Communities margins

Relative Growth: Rel. Growth: 79

Relative Strength: Rel. Strength: 47

Relative Valuation: Rel. Valuation: 9

Relative Profitability: Rel. Profitability: 35

Gross margin

55.5%

Operating margin

15.4%

EBITDA margin

-5.1%

Net margin

-36.6%

Sun Communities reports a gross margin of 55.5%, an operating margin of 15.4%, an EBITDA margin of -5.1%, and a net margin of -36.6%, while its EBITDA margin is negative at -5.1%, and its net margin is negative at -36.6%. Operating margin increased the most, by 6.3 percentage points, while EBITDA margin fell the most, by 90.6 percentage points.

SUI margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Sun Communities's margins averaged 55.24% gross, 12.98% operating, 50.44% EBITDA, and 13.74% net. Currently, gross and operating margins are above their three-year averages, while EBITDA and net margins are below their three-year averages.

SUI margin expansion

Year-over-year margin changes in percentage points

Compared with the same period last year, operating margin expanded by 6.3 percentage points, while EBITDA margin contracted by 90.6 percentage points and net margin by 86.6 percentage points.

Gross margin expansion

0pp

Operating margin expansion

6.3pp

EBITDA margin expansion

-90.6pp

Net margin expansion

-86.6pp

SUI Gross margin

Looking at the last 3 years, Sun Communities had an average gross margin of 55.24%. Against its three-year average, Sun Communities's gross margin is currently 55.5%, 0.3 percentage points above 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.

SUI Operating margin

Across the last 3 years, Sun Communities's operating margin averaged 12.98%. Compared with its three-year average, Sun Communities's current operating margin is 15.4% and is 2.4 percentage points above its three-year average. Operating margin was highest at 22.5% in Sep 2024 and lowest at 4.4% in Dec 2025.

SUI EBITDA margin

Over the last 3 years, Sun Communities's EBITDA margin averaged 50.44%. Currently, Sun Communities's current EBITDA margin is -5.1%, which is 55.5 percentage points below its three-year average. During this period, EBITDA margin reached a high of 99.6% in Mar 2026 and a low of -10.6% in Jun 2026.

SUI Net margin

Across the last 3 years, Sun Communities's net margin averaged 13.74%. The current net margin stands at -36.6%, 50.3 percentage points below its three-year average. Net margin was highest at 67.4% in Mar 2026 and lowest at -42.1% in Jun 2026.

SUI margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 55.5%, SUI stands below the Real Estate sector, the industry and its peers average. Compared to its Real Estate sector average of 60.8%, Sun Communities's gross margin is 9% lower.

SUI margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Sun Communities's gross margin?

For the period ending Sep 30, 2026, SUI recorded a gross margin of 55.5%.

What is Sun Communities's operating margin?

The current operating margin for SUI is 15.4% as of Sep 30, 2026.

What is Sun Communities's EBITDA margin?

The current EBITDA margin for SUI is -5.1% as of Sep 30, 2026.

What is Sun Communities's net margin?

The current net margin for SUI is -36.6% as of Sep 30, 2026.

What are the average margins of SUI?

Across the last 3 years, SUI averaged 55.2% gross, 13.0% operating, 50.4% EBITDA, and 13.7% net.

What are the highest historical margins of SUI?

Over this 5-year history, SUI peaked at 61.2% gross in Sep 2024, 22.5% operating in Sep 2024, 99.6% EBITDA in Mar 2026, and 67.4% net in Mar 2026.

What are the lowest historical margins of SUI?

Sun Communities's lowest recorded margins during the past 5 years were 47.6% gross in Sep 2023, 4.4% operating in Dec 2025, -10.6% EBITDA in Jun 2026, and -42.1% net in Jun 2026.