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Sun Communities SUI
$ 122.19 0.29%
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Quarterly report 2026-Q1
added 04-28-2026

Sun Communities Balance Sheet 2025-2011 | SUI

Brief overview of Sun Communities's balance sheet structure

The balance sheet is assessed across five available annual reports spanning 2021 to 2025.

Assets fell from $13.5 billion to $12.5 billion. This may reflect either deliberate optimization or a reduction in business scale.

Liability growth of -19.8% trailed asset growth of -7.2%. The funding structure became more resilient.

Equity accounts for 55.5% of assets. Against the initial 49.1%, the capital position looks resilient.

The cash share moved from 0.5% to 4.5%. A higher figure generally provides more room in an adverse scenario.

Balance sheet takeaway

The indicators point to a strong balance sheet position for Sun Communities: funding is balanced and liability risks appear controlled.

Annual Balance Sheet Sun Communities

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

- - - 7.16 B 2.23 B - 3.51 B 3.13 B 3.07 B 3.16 B 2.28 B 1.75 B 1.67 B 1.45 B 1.39 B

Long Term Debt

- - - 7.24 B 2.29 B - 3.36 B 3.05 B 3.04 B 3.06 B 2.3 B 1.83 B 1.49 B 1.45 B 1.27 B

Total Non Current Liabilities

- - - - - - 3.68 B 3.44 B 3.35 B 3.39 B 2.53 B 2 B 1.6 B 1.54 B 1.34 B

Total Liabilities

5.19 B 9.1 B 9.51 B 8.99 B 6.47 B 5.31 B 3.88 B 3.5 B 3.41 B 3.44 B 2.57 B 2 B 1.6 B 1.54 B 1.47 B

Retained Earnings

- - - - - - -1.39 B -1.29 B -1.16 B -1.02 B -864 M -864 M -761 M -684 M -618 M

Total Assets

12.5 B 16.5 B 16.9 B 17.1 B 13.5 B 11.2 B 7.8 B 6.71 B 6.11 B 5.87 B 4.19 B 2.94 B 2 B 1.75 B 1.37 B

Cash and Cash Equivalents

570 M 47.9 M 36.3 M 90.4 M 65.8 M 92.6 M 22.1 M 50.3 M 10.1 M 8.16 M 45.1 M 83.5 M 4.75 M 29.5 M 5.86 M

Book Value

7.33 B 7.45 B 7.43 B 8.09 B 7.02 B 5.89 B 3.93 B 3.21 B 2.71 B 2.43 B 1.62 B 940 M 397 M 213 M -101 M

Total Shareholders Equity

6.96 B 7.08 B 7.17 B 7.89 B 6.62 B 5.63 B 3.82 B 3.11 B 2.6 B 2.3 B 1.46 B 892 M 381 M 193 M -127 M

All numbers in USD currency

Quarterly Balance Sheet Sun Communities

2026-Q1 2025-Q4 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

1.79 B 1.79 B 1.79 B 4.15 B 4.09 B 3.93 B 4.35 B 4.35 B 4.24 B 4.31 B 4.24 B 4.08 B 3.98 B 3.7 B - 2.71 B 2.29 B 218 M 6.2 M 6.5 M 6.6 M 155 M 1.4 M - 3.44 M - - - 3.12 B - - - 3.07 B - - - 3.09 B - - - - - - - 2.3 B - - - 1.49 B - - 1.36 B 1.45 B 1.27 B 1.31 B 1.29 B 1.4 B - - -

Total Liabilities

5.3 B 5.19 B 5.57 B 9.24 B 9.1 B 9.25 B 9.78 B 9.83 B 9.51 B 9.46 B 9.47 B 9.29 B 8.99 B 8.35 B - 6.98 B 6.47 B 5.49 B 5.1 B 5.1 B 5.31 B 5.31 B 5.31 B 5.31 B 3.85 B 3.85 B 3.85 B 3.85 B 3.48 B 3.48 B 3.48 B 3.48 B 3.41 B 3.41 B 3.41 B 3.41 B 3.44 B 3.44 B 3.44 B 3.44 B 2.56 B 2.56 B 2.56 B 2.56 B 2 B 2 B 2 B 2 B 1.61 B 1.6 B 1.6 B 1.6 B 1.54 B 1.54 B 1.54 B 1.54 B 1.47 B 1.47 B 1.47 B 1.47 B

Total Assets

12.4 B 12.5 B 13.4 B 16.5 B 16.5 B 17.1 B 17 B 17.1 B 16.9 B 17.6 B 17.6 B 17.4 B 17.1 B 16.5 B - 13.9 B 13.5 B 12.6 B 12 B 11.5 B 11.2 B 11.2 B 11.2 B 11.2 B 7.8 B 7.8 B 7.8 B 7.8 B 6.71 B 6.71 B 6.71 B 6.71 B 6.11 B 6.11 B 6.11 B 6.11 B 5.87 B 5.87 B 5.87 B 5.87 B 4.18 B 4.18 B 4.18 B 4.18 B 2.94 B 2.94 B 2.94 B 2.94 B 1.99 B 2 B 2 B 2 B 1.75 B 1.75 B 1.75 B 1.75 B 1.37 B 1.37 B 1.37 B 1.37 B

Cash and Cash Equivalents

497 M 636 M 890 M 97.4 M 47.9 M 81.8 M 97.2 M 116 M 42.7 M 62 M 68.7 M 74.8 M 90.4 M 112 M 185 M 103 M 78.2 M 85.6 M 120 M 120 M 77.3 M 92.6 M 92.6 M 92.6 M 22.1 M 26.2 M 28.7 M 21.9 M 50.3 M 50.3 M 50.3 M 50.3 M 10.1 M 10.1 M 10.1 M 10.1 M 8.16 M 8.16 M 8.16 M 8.16 M 45.1 M 45.1 M 45.1 M 45.1 M 83.5 M 83.5 M 83.5 M 83.5 M 4.75 M 4.75 M 4.75 M 4.75 M 29.5 M 29.5 M 29.5 M 29.5 M 5.86 M 5.86 M 5.86 M 5.86 M

Book Value

7.06 B 7.33 B 7.79 B 7.27 B 7.45 B 7.84 B 7.23 B 7.28 B 7.43 B 8.14 B 8.09 B 8.07 B 8.09 B 8.13 B - 6.93 B 7.02 B 7.09 B 6.94 B 6.35 B 5.89 B 5.89 B 5.89 B 5.89 B 3.95 B 3.95 B 3.95 B 3.95 B 3.23 B 3.23 B 3.23 B 3.23 B 2.71 B 2.71 B 2.71 B 2.71 B 2.43 B 2.43 B 2.43 B 2.43 B 1.62 B 1.62 B 1.62 B 1.62 B 940 M 940 M 940 M 940 M 384 M 397 M 397 M 397 M 213 M 213 M 213 M 213 M -101 M -101 M -101 M -101 M

Total Shareholders Equity

6.75 B 6.96 B 7.41 B 7.03 B 7.08 B 7.46 B 6.97 B 7.02 B 7.08 B 7.48 B 7.47 B 7.75 B 7.81 B 7.84 B - 6.54 B 6.62 B 6.7 B 6.56 B 5.99 B 5.53 B 5.53 B 5.53 B 5.53 B 3.82 B 3.82 B 3.82 B 3.82 B 3.11 B 3.11 B 3.11 B 3.11 B 2.6 B 2.6 B 2.6 B 2.6 B 2.3 B 2.3 B 2.3 B 2.3 B 1.46 B 1.46 B 1.46 B 1.46 B 878 M 878 M 878 M 878 M 368 M 381 M 381 M 381 M 193 M 193 M 193 M 193 M -127 M -127 M -127 M -127 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of Sun Communities, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Reit residential

Issuer Price % 24h Market Cap Country
American Campus Communities American Campus Communities
ACC
- 0.01 % $ 9.11 B usaUSA
Preferred Apartment Communities Preferred Apartment Communities
APTS
- 0.24 % $ 1.61 B usaUSA
UDR UDR
UDR
- - $ 13 B usaUSA
Bluerock Residential Growth REIT Bluerock Residential Growth REIT
BRG
- -0.49 % $ 813 M usaUSA
AvalonBay Communities AvalonBay Communities
AVB
$ 188.58 -0.52 % $ 26.7 B usaUSA
Mid-America Apartment Communities Mid-America Apartment Communities
MAA
$ 133.81 -0.05 % $ 15.6 B usaUSA
BRT Apartments Corp. BRT Apartments Corp.
BRT
$ 14.92 -0.5 % $ 269 M usaUSA
Equity LifeStyle Properties Equity LifeStyle Properties
ELS
$ 65.53 -0.81 % $ 12.2 B usaUSA
Apartment Investment and Management Company Apartment Investment and Management Company
AIV
$ 2.66 0.76 % $ 368 M usaUSA
American Homes 4 Rent American Homes 4 Rent
AMH
$ 33.48 0.33 % $ 12.4 B usaUSA
Invitation Homes Invitation Homes
INVH
- - $ 18.2 B usaUSA
Equity Residential Equity Residential
EQR
$ 67.48 -0.57 % $ 25.6 B usaUSA
UMH Properties UMH Properties
UMH
$ 15.62 0.55 % $ 1.31 B usaUSA