SUN Communities vs UDR
SUN Communities is the larger business, with $2.31bn of revenue in fiscal 2025 against $1.71bn for UDR (1.3 times as much). UDR grew faster (2.4% against 2.0%). SUN Communities kept more of each dollar of sales as profit: a net margin of 61.3% against 22.1%.
| Latest fiscal year | SUN CommunitiesSUI, 2025 | UDRUDR, 2025 |
|---|---|---|
| Revenue | $2.31bn | $1.71bn |
| Revenue growth | 2.0% | 2.4% |
| Net income | $1.41bn | $378m |
| Operating margin | — | 32.3% |
| Net margin | 61.3% | 22.1% |
| Return on equity | 20.1% | 11.2% |
| Free cash flow | $407m | $650m |
| Cash | $570m | $1.2m |
| Total debt | $4.28bn | $5.84bn |
| Debt to equity | — | 177.5% |
| Dividend per share | $7.96 | $1.72 |
| Dividend yield | 4.0% | 4.9% |
| Share buybacks | $539m | $118m |
| Employees | 3,614 | 1,420 |
| Market value | $13.88bn | $11.55bn |
| Price vs our value range | — | — |
| Moat score | 57 (Moderate) | 61 (Moderate) |
| Insider trades, 12 months | 0 buys, 10 sales | 0 buys, 1 sales |