Sun Communities (MEX:SUI) Debt-to-Equity: 0.63 (As of Mar. 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:SUI Sun Communities Inc MEX:SUI
74 GF Score
Price MXN2,200.00
GF Value MXN2,431.73
! 6 Warning Signs
View Full Analysis

What is Sun Communities Debt-to-Equity?

Sun Communities MEX:SUI 74 Debt-to-Equity is 0.63 as of Mar. 2026, which is 35% below its 10-year median of 0.97. GuruFocus rates MEX:SUI with a GF Score™ of 74/100 and a GF Value™ of MXN2,431.73. The stock has 6 warning signs investors should review. Among 690 REITs companies, Sun Communities ranks better than 62.32% on this metric.

Sun Communities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN0 Mil. Sun Communities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN76,570 Mil. Sun Communities's Total Stockholders Equity for the quarter that ended in Mar. 2026 was MXN121,784 Mil. Sun Communities's debt to equity for the quarter that ended in Mar. 2026 was 0.63.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Sun Communities's Debt-to-Equity or its related term are showing as below:

MEX:SUI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58   Med: 0.97   Max: 1.62
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of Sun Communities was 1.62. The lowest was 0.58. And the median was 0.97.

MEX:SUI's Debt-to-Equity is ranked better than
62.32% of 690 companies
in the REITs industry
Industry Median: 0.78 vs MEX:SUI: 0.63

Sun Communities  (MEX:SUI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Sun Communities Debt-to-Equity Related Terms


Sun Communities Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Sun Communities's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sun Communities Debt-to-Equity Chart

Sun Communities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.91 1.10 1.04 0.61

Sun Communities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.06 0.58 0.61 0.61 0.63

MEX:SUI vs MAA, UDR, ELS: Debt-to-Equity Comparison

For the REIT - Residential subindustry, Sun Communities's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sun Communities Debt-to-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Sun Communities's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sun Communities's Debt-to-Equity falls into.


MEX:SUI
74GF Score
Sun Communities Inc MEX:SUI
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Communities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sun Communities's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Sun Communities's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.63 mean?
Sun Communities (MEX:SUI) has a Debt-to-Equity of 0.63 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sun Communities and its competitors. This is 35% below median its historical median of 0.97. Over the past decade, Sun Communities' Debt-to-Equity has ranged from 0.58 to 1.62. According to the industry distribution chart, Sun Communities ranks #260 out of 690 companies in the REITs industry, placing it in the top 37.7%.
Is Sun Communities' Debt-to-Equity too high?
Sun Communities' current Debt-to-Equity of 0.63 is 35% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.62. The REITs industry median Debt-to-Equity is 0.78. Sun Communities' value of 0.63 is 19.2% below this industry median. Based on the distribution chart, Sun Communities ranks #260 out of 690 companies in the REITs industry, which is above the industry midpoint. Overall, Sun Communities has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Sun Communities' Debt-to-Equity compare to MAA and UDR?
According to the REITs industry distribution chart, Sun Communities ranks #260 out of 690 companies for Debt-to-Equity. This puts Sun Communities in the upper half of its industry. The industry median Debt-to-Equity is 0.78. Sun Communities' value of 0.63 is 19.2% below this benchmark. Historically, Sun Communities' own Debt-to-Equity has ranged from 0.58 to 1.62 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.78, Sun Communities has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 690 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sun Communities's current Debt-to-Equity of 0.63 is 19.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sun Communities and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Communities's current Debt-to-Equity is 0.63, which is 35% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Communities stock overvalued right now?
Sun Communities (MEX:SUI) has a current Debt-to-Equity of 0.63. The stock's GF Value™ is MXN2,431.73, compared to a current price of MXN2,200.00 — trading 9.5% below its estimated fair value. The current Debt-to-Equity is 0.63, which is 35% below median its 10-year median of 0.97 and 19.2% below the REITs industry median of 0.78. Sun Communities' overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Sun Communities (MEX:SUI), the current Debt-to-Equity is 0.63 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sun Communities (MEX:SUI) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Communities stock appears to be undervalued. The current stock price of MXN2,200.00 is trading 9.5% below its estimated GF Value™ of MXN2,431.73.

Key valuation signals for MEX:SUI:

  • Debt-to-Equity: 0.63 (35% below median its 10-year median of 0.97)
  • GF Value™: MXN2,431.73 vs. price of MXN2,200.00 (9.5% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 19.2% below the REITs median (#260 of 690)

No single metric tells the full story. See the MEX:SUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Communities Business Description

Industry Real EstateREITs
Address 27777 Franklin Road, Suite 300, Southfield, MI, USA, 48034
Sun Communities is a residential REIT that focuses on owning manufactured housing and residential vehicle communities. The company currently owns a portfolio of 513 properties, which includes 347 manufactured housing communities and 166 residential vehicle communities. Sun targets owning properties that are desirable as second homes or vacation properties, with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.
74GF Score

Get the complete analysis for MEX:SUI

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,200.00
Price
MXN2,431.73
GF Value