Sun Communities Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.13B | $982.6M | $833.8M | $674.7M | $484.3M | $422.7M | $339.0M | $288.6M |
| Cost of Revenue | $123.3M | $95.1M | $80.4M | — | — | — | — | — |
| Gross Profit | $1.00B | $887.5M | $753.4M | — | — | — | — | — |
| Gross Margin | 89.1% | 90.3% | 90.4% | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $81.4M | $84.0M | $63.7M | $47.5M | $37.4M | $35.9M | $28.4M | $27.3M |
| Operating Income | $260.1M | $550.9M | $466.9M | $384.6M | $267.0M | $230.9M | $186.4M | $159.8M |
| Operating Margin | 23.1% | 56.1% | 56.0% | 57.0% | 55.1% | 54.6% | 55.0% | 55.4% |
| Interest Expense | $130.6M | $127.1M | $119.2M | $107.7M | $73.8M | $73.3M | $67.9M | $64.6M |
| Pretax Income | $129.5M | $72.7M | $35.9M | $38.8M | $10.1M | $18.1M | $4.3M | $-2.5M |
| Income Tax Expense | $88.0K | $-136.0K | $283.0K | $1.0M | $0 | $0 | $249.0K | $150.0K |
| Net Income | $107.2M | $72.2M | $26.3M | $155.4M | $28.5M | $16.7M | $6.0M | $-1.1M |
| Net Margin | 9.5% | 7.3% | 3.2% | 23.0% | 5.9% | 3.9% | 1.8% | -0.4% |
| EPS (Basic) | $1.29 | $0.85 | $0.27 | $2.53 | $0.54 | $0.31 | $0.19 | $-0.05 |
| EPS (Diluted) | $1.29 | $0.85 | $0.26 | $2.52 | $0.54 | $0.31 | $0.18 | $-0.05 |
| Shares Outstanding (Basic) | 81.4M | 76.1M | 65.9M | 53.7M | 53.7M | 34.2M | 27.0M | 21.1M |
| Shares Outstanding (Diluted) | 82.0M | 76.7M | 66.3M | 53.7M | 53.7M | 34.4M | 27.1M | 21.1M |
| Dividends Per Share | $2.80 | $2.66 | $2.60 | $2.60 | $2.60 | $2.60 | $2.52 | $3.15 |