Sun Communities Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.41B | $103.6M | $-206.9M | $261.4M | $408.3M | $131.6M | $161.6M | $107.2M |
| Depreciation & Amortization | $507.9M | $490.5M | $494.1M | $601.8M | $522.7M | $376.9M | $328.1M | $287.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $12.9M | $13.3M | $17.1M | $36.9M | $43.5M | $21.4M | $15.7M | $13.4M |
| Stock-Based Compensation | $37.4M | $33.1M | $35.1M | $37.6M | $28.0M | $23.0M | $17.5M | $15.1M |
| Net Cash from Operating Activities | $864.2M | $861.0M | $790.5M | $734.9M | $753.6M | $543.3M | $476.7M | $363.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $457.0M | $30.2M | $7.1M | — | — | — | — | — |
| Business Acquisitions | $461.7M | $22.1M | $47.2M | $2.21B | $1.65B | $1.95B | $426.5M | $291.8M |
| Net Cash from Investing Activities | $4.93B | $-267.4M | $-919.5M | $-3.06B | $-2.34B | $-2.49B | $-1.01B | $-733.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $539.1M | $0 | $0 | — | — | — | — | — |
| Net Cash from Financing Activities | $-5.22B | $-571.6M | $80.3M | $2.35B | $1.57B | $2.00B | $505.9M | $409.9M |
| Net Change in Cash | $572.2M | $21.2M | $-47.7M | $12.2M | $-14.4M | $63.5M | $-27.4M | $38.8M |
| Free Cash Flow | $407.2M | $830.8M | $783.4M | — | — | — | — | — |