Annaly Capital Management, Inc. (NLY) vs Sun Communities, Inc. (SUI)
A side-by-side comparison of Annaly Capital Management, Inc. and Sun Communities, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.
Total return — NLY vs SUI
growth of $100 · dividends reinvested · last 10yNLY vs SUI: by the numbers
- •NLY is the larger company ($13.97B vs $13.64B market cap).
- •NLY is profitable (40.52% net margin) while SUI runs a net loss (-39.28%).
- •NLY grew revenue faster over the past five years (22.35% vs 3.84% CAGR).
- •NLY pays the higher dividend yield (15.27% vs 3.93%).
Metrics side by side
Valuation
| Metric | NLY | SUI |
|---|---|---|
| P/E ratio | 4.63 | N/A |
| Forward P/E | 5.99 | N/A |
| P/S ratio | 1.92 | 6.21 |
| P/B ratio | 0.83 | 2.47 |
| EV / EBITDA | 16.67 | 16.48 |
| FCF yield | N/A | 6.09% |
For REITs like Annaly Capital Management, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
For REITs like Sun Communities, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | NLY | SUI |
|---|---|---|
| Gross margin | 99.28% | 9.26% |
| Operating margin | 102.58% | 25.14% |
| Net margin | 40.52% | -39.28% |
| ROE | 17.44% | -15.64% |
| ROIC | 5.74% | 4.05% |
Dividends
| Metric | NLY | SUI |
|---|---|---|
| Dividend yield | 15.27% | 3.93% |
| Payout ratio | 71.25% | N/A |
Annaly Capital Management, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Sun Communities, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | NLY | SUI |
|---|---|---|
| Revenue CAGR (5Y) | 22.35% | 3.84% |
| EPS CAGR (5Y) | N/A | 51.92% |
| FCF CAGR (5Y) | N/A | 2.75% |
| Total return CAGR (5Y) | 1.94% | -6.78% |
Frequently asked
- Which has grown faster, NLY or SUI?
- Over the past five years, NLY grew revenue faster — NLY at a 22.35% CAGR versus SUI at 3.84%.
- Does NLY or SUI pay a bigger dividend?
- NLY yields 15.27% and SUI yields 3.93% based on trailing dividends and the latest price.
- Is NLY or SUI more profitable?
- NLY runs the higher net margin — NLY at 40.52% versus SUI at -39.28%.
- How have NLY and SUI total returns compared?
- Over the past 10 years, NLY delivered 4.54% and SUI delivered 6.66% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Annaly Capital Management & Sun Communities appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.