Sun Communities, Inc. (SUI) Key Metrics
SUI valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $14.92B
- Enterprise value
- $17.74B
- P/E (TTM)
- 89.5 10-yr median 82.2
- Forward P/E
- 33.8
- PEG ratio
- 8.16
- Price / sales
- 6.5 10-yr median 7.1
- Price / book
- 2.5 10-yr median 2.5
- EV / EBITDA
- 23.7 10-yr median 23.5
- Dividend yield
- 3.66% $4.48 a year
- Beta
- 0.76
SUI key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSUI valuation Price multiples at each fiscal year-end price.
SUI returns How much profit the business earns on the capital it uses.
SUI per-share figures Results divided by the shares outstanding at year-end.
SUI financial health Debt, liquidity and how easily interest is covered.
SUI efficiency & capital use Working capital cycle and where the cash goes.
SUI valuation history
SUI returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SUI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SUI cash returned to shareholders
SUI price vs earnings per share
SUI key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $15.48B | $15.64B | $16.55B | $17.57B | $23.64B | $14.82B | $13.28B | $8.34B | $7.12B | $5.08B |
| Enterprise value | $16.67B | $22.95B | $24.29B | $24.50B | $30.08B | $19.35B | $16.58B | $11.38B | $10.19B | $8.18B |
| P/E ratio | 11.3 | 175.8 | — | 72.6 | 62.2 | 112.6 | 82.2 | 77.8 | 98.6 | 193.1 |
| Price / sales | 6.7 | 4.9 | 5.2 | 6.0 | 10.5 | 10.7 | 10.6 | 7.5 | 7.4 | 6.2 |
| Price / book | 2.2 | 2.2 | 2.3 | 2.3 | 3.5 | 2.6 | 3.4 | 2.6 | 2.7 | 2.2 |
| Price / free cash flow | 17.9 | 17.6 | 20.5 | 23.9 | 31.4 | 27.0 | 27.9 | 23.0 | 27.2 | 20.3 |
| Price / operating cash flow | 17.9 | 17.6 | 20.5 | 23.9 | 31.4 | 27.0 | 27.9 | 23.0 | 27.2 | 20.3 |
| EV / sales | 7.2 | 7.2 | 7.6 | 8.3 | 13.3 | 14.0 | 13.3 | 10.3 | 10.6 | 10.0 |
| EV / EBITDA | 24.4 | 20.8 | 31.5 | 22.7 | 27.3 | 28.8 | 27.1 | 21.5 | 21.6 | 21.9 |
| EV / free cash flow | 19.3 | 25.8 | 30.1 | 33.3 | 39.9 | 35.3 | 34.8 | 31.3 | 38.9 | 32.7 |
| Earnings yield | 8.9% | 0.6% | −1.3% | 1.4% | 1.6% | 0.9% | 1.2% | 1.3% | 1.0% | 0.5% |
| Free cash flow yield | 5.6% | 5.7% | 4.9% | 4.2% | 3.2% | 3.7% | 3.6% | 4.4% | 3.7% | 4.9% |
| Dividend yield | 6.7% | 3.1% | 2.9% | 2.5% | 1.7% | 2.1% | 2.1% | 2.9% | 3.2% | 3.8% |
| Shareholder yield (dividends + buybacks) | 10.2% | 3.2% | 3.0% | 2.6% | 1.7% | 2.1% | 2.1% | 3.0% | 4.8% | 3.8% |
| Share price at fiscal year-end | $123.91 | $122.97 | $133.65 | $143.00 | $209.97 | $151.95 | $150.10 | $101.71 | $92.78 | $76.61 |
| Per share | ||||||||||
| Revenue per share | $18.46 | $25.16 | $25.68 | $23.88 | $20.07 | $14.18 | $14.15 | $13.48 | $12.53 | $12.30 |
| Earnings per share | $11.00 | $0.70 | −$1.72 | $1.97 | $3.38 | $1.35 | $1.83 | $1.31 | $0.94 | $0.40 |
| Operating cash flow per share | $6.92 | $6.99 | $6.53 | $5.98 | $6.69 | $5.63 | $5.39 | $4.43 | $3.41 | $3.77 |
| Free cash flow per share | $6.92 | $6.99 | $6.53 | $5.98 | $6.69 | $5.63 | $5.39 | $4.43 | $3.41 | $3.77 |
| Cash per share | $5.09 | $0.37 | $0.24 | $1.63 | $2.35 | $2.29 | $1.46 | $0.61 | $0.13 | $0.12 |
| Book value per share | $56.63 | $55.67 | $57.21 | $63.55 | $59.77 | $57.70 | $43.82 | $38.61 | $34.72 | $35.62 |
| Tangible book value per share | $55.74 | $48.68 | $48.31 | $51.99 | $52.65 | $50.17 | $43.05 | $37.53 | $33.60 | $34.11 |
| Dividends per share | $8.36 | $3.86 | $3.85 | $3.53 | $3.47 | $3.21 | $3.13 | $2.96 | $2.93 | $2.92 |
| Capex per share | $3.70 | $0.54 | $0.43 | $7.49 | $14.64 | $25.48 | $11.78 | $8.65 | $5.33 | $24.46 |
| Debt per share | $14.65 | $57.81 | $62.82 | $58.00 | $59.56 | $48.78 | $38.82 | $37.65 | $40.14 | $46.89 |
| Shares outstanding | 124.9M | 127.2M | 123.8M | 122.9M | 112.6M | 97.5M | 88.5M | 82.0M | 76.7M | 66.3M |
| Change in shares outstanding | −1.8% | +2.7% | +0.7% | +9.1% | +15.5% | +10.2% | +7.8% | +6.9% | +15.7% | +23.5% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 19.4% | 1.3% | −2.9% | 3.3% | 6.2% | 2.8% | 4.6% | 3.7% | 2.9% | 1.3% |
| Return on invested capital (ROIC) | 3.4% | 3.6% | 3.0% | 3.9% | 3.8% | 7.6% | 9.1% | 4.1% | 3.5% | 3.7% |
| Return on assets (ROA) | 9.5% | 0.5% | −1.3% | 1.6% | 3.1% | 1.4% | 2.2% | 1.7% | 1.2% | 0.5% |
| Return on tangible assets | 11.1% | 0.6% | −1.3% | 1.5% | 3.0% | 1.3% | 2.1% | 1.6% | 1.2% | 0.5% |
| Free cash flow margin | 37.5% | 27.8% | 25.4% | 25.0% | 33.3% | 39.7% | 38.1% | 32.8% | 27.2% | 30.6% |
| Income quality (OCF / net income) | 0.63 | 9.99 | — | 3.04 | 1.98 | 4.17 | 2.95 | 3.39 | 3.63 | 9.50 |
| Financial health | ||||||||||
| Total debt | $1.83B | $7.35B | $7.78B | $7.13B | $6.71B | $4.76B | $3.43B | $3.09B | $3.08B | $3.11B |
| Cash & short-term investments | $636.1M | $47.4M | $29.2M | $200.1M | $265.1M | $223.0M | $129.6M | $50.3M | $10.1M | $8.2M |
| Net debt | $1.19B | $7.31B | $7.75B | $6.93B | $6.44B | $4.53B | $3.30B | $3.04B | $3.07B | $3.10B |
| Debt / equity | 0.26 | 1.04 | 1.10 | 0.91 | 1.00 | 0.85 | 0.89 | 0.98 | 1.16 | 1.32 |
| Debt / assets | 0.15 | 0.44 | 0.46 | 0.42 | 0.50 | 0.42 | 0.44 | 0.46 | 0.50 | 0.53 |
| Net debt / EBITDA | 1.75 | 6.62 | 10.04 | 6.41 | 5.85 | 6.74 | 5.40 | 5.73 | 6.51 | 8.31 |
| Current ratio | 0.38 | 0.33 | 0.26 | 0.35 | 1.36 | 0.30 | 0.68 | 1.13 | 3.44 | 1.68 |
| Quick ratio | 0.33 | 0.28 | 0.18 | 0.28 | 1.27 | 0.27 | 0.56 | 0.98 | 3.13 | 1.53 |
| Interest coverage | 2.1 | 1.5 | 1.7 | 2.4 | 2.7 | 4.9 | 4.4 | 1.8 | 1.5 | 1.4 |
| Working capital | −$1.89B | −$1.45B | −$2.12B | −$1.95B | $207.1M | −$1.17B | −$166.8M | $41.6M | $235.8M | $102.9M |
| Invested capital | $8.27B | $14.39B | $14.83B | $14.74B | $13.17B | $10.16B | $7.18B | $6.21B | $5.73B | $5.46B |
| Tangible asset value | $7.08B | $6.30B | $6.07B | $6.47B | $5.93B | $4.89B | $3.81B | $3.08B | $2.58B | $2.26B |
| Net current asset value | −$4.18B | −$8.63B | −$9.04B | −$8.16B | −$5.98B | −$5.09B | −$3.58B | −$3.18B | −$3.12B | −$3.25B |
| Graham number | $118.38 | $29.61 | — | $53.06 | $67.39 | $41.86 | $42.43 | $33.70 | $27.11 | $17.83 |
| Graham net-net per share | −$34.78 | −$69.52 | −$74.94 | −$68.60 | −$54.36 | −$52.98 | −$41.23 | −$39.83 | −$41.77 | −$50.07 |
| Capital allocation | ||||||||||
| Dividends paid | $1.04B | $491.4M | $476.4M | $434.2M | $390.8M | $313.1M | $276.7M | $242.8M | $224.5M | $193.7M |
| Share buybacks (net) | $539.1M | $7.8M | $12.8M | $19.3M | $0 | $2.0M | $2.7M | $4.1M | $114.2M | $0 |
| Dividend payout ratio | 76.0% | 552.1% | — | 179.4% | 102.8% | 237.9% | 171.3% | 226.4% | 311.0% | 736.2% |
| Dividends + buybacks / free cash flow | 183.2% | 56.2% | 60.6% | 61.7% | 51.9% | 57.4% | 58.6% | 68.0% | 129.4% | 77.5% |
| Capex / revenue | 20.0% | 2.1% | 1.7% | 31.4% | 72.9% | 179.7% | 83.3% | 64.2% | 42.5% | 198.9% |
| Capex / operating cash flow | 53.4% | 7.7% | 6.6% | 125.3% | 218.8% | 452.6% | 218.6% | 195.4% | 156.2% | 649.1% |
| Capex / depreciation | 0.91 | 0.10 | 0.08 | 1.59 | 3.22 | 6.67 | 3.31 | 2.57 | 1.58 | 7.40 |
| Stock-based compensation / revenue | 1.6% | 1.3% | 1.3% | 1.3% | 1.2% | 1.7% | 1.4% | 1.4% | 1.3% | 1.2% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 10.3% | 9.2% | 8.6% | 8.8% | 17.1% | 7.9% | 7.4% | 8.8% | 10.0% | 9.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 72.1 | 57.8 | 62.9 | 67.6 | 55.8 | 50.1 | 62.0 | 92.2 | 98.1 | 92.4 |
| Days of inventory on hand | 23.8 | 36.0 | 44.2 | 30.5 | 16.1 | 32.3 | 37.1 | 29.5 | 22.6 | 18.7 |
| Days payables outstanding | 446.5 | — | -44.2 | 91.0 | 83.8 | 82.0 | 85.1 | 67.8 | 46.6 | 47.8 |
| Cash conversion cycle (days) | -350.7 | — | 151.3 | 7.1 | -11.9 | 0.4 | 13.9 | 53.9 | 74.2 | 63.3 |
| Receivables turnover | 5.07 | 6.32 | 5.81 | 5.40 | 6.54 | 7.29 | 5.89 | 3.96 | 3.72 | 3.95 |
| Payables turnover | 0.82 | — | — | 4.01 | 4.36 | 4.45 | 4.29 | 5.38 | 7.84 | 7.64 |
| Inventory turnover | 15.35 | 10.15 | 8.26 | 11.97 | 22.71 | 11.29 | 9.84 | 12.38 | 16.12 | 19.52 |
| Asset turnover | 0.16 | 0.19 | 0.19 | 0.19 | 0.18 | 0.15 | 0.17 | 0.17 | 0.16 | 0.16 |
| Average receivables | $455.2M | $506.5M | $547.5M | $543.4M | $345.6M | $189.8M | $212.5M | $279.4M | $258.4M | $206.4M |
| Average payables | $2.56B | — | −$204.3M | $378.6M | $254.7M | $137.9M | $127.6M | $91.6M | $53.6M | $46.6M |
| Average inventory | $136.3M | $167.7M | $204.2M | $126.9M | $48.8M | $54.4M | $55.6M | $39.8M | $26.0M | $18.2M |
| Intangibles / total assets | 0.9% | 5.4% | 6.5% | 8.3% | 5.9% | 6.6% | 0.9% | 1.3% | 1.4% | 1.7% |
Computed from SUI's annual financial statements (latest annual report filed February 25, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
SUI valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Sun Communities traded at 11.3 times earnings, against a 10-year median of 82.2. Based on the latest twelve months, the trailing P/E is 89.5 and the forward P/E is 33.8. Sun Communities earned a return on equity of 19.4% and a return on invested capital of 3.4% in fiscal 2025. It ended the year with $1.8 billion of debt and $636.1 million in cash and short-term investments, net debt of $1.2 billion. It returned $1.6 billion to shareholders: $1.0 billion in dividends and $539.1 million in share buybacks, 183% of free cash flow. The share count rose 88.3% from 66.3M to 124.9M over 9 years.
See the SUI income statement, the SUI chart for price history, or the SUI stock overview for the latest quote and news.
SUI key metrics FAQ
What is Sun Communities's P/E ratio?
Sun Communities's trailing P/E ratio is 89.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 33.8. At the end of fiscal 2025 it was 11.3, compared with a 10-year median of 82.2.
What is Sun Communities's EV/EBITDA?
Sun Communities's enterprise value was 24.4 times EBITDA at the end of fiscal 2025 (enterprise value $16.7 billion, EBITDA $683.8 million); the current EV/EBITDA is 23.7.
What is Sun Communities's return on equity?
Sun Communities's return on equity (ROE) was 19.4% in fiscal 2025: net income of $1.4 billion on average shareholders' equity of $7.1 billion.
What is Sun Communities's ROIC?
Sun Communities's return on invested capital was 3.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Sun Communities have?
Sun Communities had total debt of $1.8 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.26 and $1.2 billion of net debt (1.75 times EBITDA).
What is Sun Communities's dividend yield?
Sun Communities's forward dividend yield is 3.66%. Sun Communities paid $1.0 billion in dividends in fiscal 2025 ($8.36 per share), a payout ratio of 76.0%.
Does Sun Communities buy back its shares?
Yes. Sun Communities spent $539.1 million on net share repurchases in fiscal 2025 Shares outstanding changed −1.8% over the year, to 124.9M..
What is Sun Communities's free cash flow yield?
Sun Communities generated $864.2 million of free cash flow in fiscal 2025, a free cash flow yield of 5.6% on its market value at year-end ($15.5 billion).
What is Sun Communities's current ratio?
Sun Communities's current ratio was 0.38 at the end of fiscal 2025: current assets were 0.38 times current liabilities.