Sun Communities reported Q4 FY 2025 net income attributable to common shareholders of USD 121.9 million (USD 0.99 per diluted share) and Core FFO per share of USD 1.40, with North America Same Property NOI up 7.9% (USD 16.6 million) and UK Same Property NOI down 2.6% (USD 0.5 million) on a constant currency basis. For FY 2025, net income attributable to common shareholders was USD 1.4 billion (USD 10.84 per diluted share) and Core FFO per share was USD 6.68; North America Same Property NOI rose 5.7% (USD 51.9 million) and UK Same Property NOI increased 3.5% (USD 2.7 million) on a constant currency basis. During Q4, Sun Communities acquired 11 manufactured housing $(MH)$ and three annual RV communities for USD 457.0 million, and said it distributed over USD 1.5 billion of capital to shareholders in FY 2025 including cash distributions and share repurchases. The company ended FY 2025 with USD 4.3 billion of debt outstanding (weighted average interest rate 3.4%; weighted average maturity 7.1 years) and reported Net Debt to trailing twelve-month Recurring EBITDA of 3.4x. The board approved raising the quarterly distribution rate for 2026 to USD 1.12 per share (USD 4.48 annualized), starting with the first-quarter distribution expected to be paid in April 2026. Sun Communities also issued FY 2026 guidance for Core FFO per share of USD 6.83 to USD 7.03 and diluted EPS attributable to the consolidated portfolio of USD 2.63 to USD 2.83, and said it expects North American Same Property NOI growth of 4.5% at the midpoint and UK Same Property NOI growth of 2.2% at the midpoint. CEO Charles Young cited “strong fourth quarter results,” highlighting North America Same Property NOI growth of 7.9% and the company’s “streamlined, focused platform” and “best-in-class balance sheet.”

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sun Communities Inc. published the original content used to generate this news brief on February 24, 2026, and is solely responsible for the information contained therein.