Sun Communities, Inc. logo
SUISun Communities, Inc.

FCF Payout Ratio: 119.09%

For REITs like Sun Communities, Inc., FCF Payout Ratio is secondary context: real-estate companies are valued primarily on funds from operations (FFO / AFFO) and price-to-FFO, where heavy property capital spending makes free-cash-flow multiples less informative than for an operating company. The FCF Payout Ratio is shown for reference.

The FCF payout ratio is 119.09%.

FCF Payout Ratio

SUI FCF Payout Ratio

119.09%

Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.

+146.41% 5Y
SUI FCF Payout Ratio

SUI Average FCF Payout Ratio Chart

SUI FCF Payout Ratio

SUI Current vs Average FCF Payout Ratio Chart

SUI FCF Payout Ratio Metrics

FCF PAYOUT RATIO

119.09%

FCF PAYOUT RATIO AVG TTM

108.66%

FCF PAYOUT RATIO AVG 3Y

77.68%

FCF PAYOUT RATIO AVG 5Y

55.17%

FCF PAYOUT RATIO AVG 10Y

62.78%

FCF PAYOUT RATIO AVG 15Y

71.58%

FCF PAYOUT RATIO AVG 20Y

73.55%

CURRENT VS TTM AVG

+9.60%

CURRENT VS 3Y AVG

+53.32%

CURRENT VS 5Y AVG

+115.86%

CURRENT VS 10Y AVG

+89.69%

CURRENT VS 15Y AVG

+66.37%

CURRENT VS 20Y AVG

+61.91%

Payout Ratio Comparison

FCF Payout Ratio TTM

119.1%

Earnings Payout Ratio

41.3%

Dividend Yield

3.69%

FCF Yield

5.81%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025$864.20M$1.04B120.8%
2024$888.80M$491.40M55.3%
2023$807.90M$476.40M59.0%
2022$752.20M$434.20M57.7%
2021$770.50M$390.80M50.7%
2020$554.03M$313.14M56.5%
2019$521.20M$276.70M53.1%
2018$363.11M$242.81M66.9%
2017$261.75M$224.48M85.8%
2016$249.92M$193.74M77.5%
2015$189.76M$162.49M85.6%
2014$134.52M$121.38M90.2%
2013$116.93M$100.40M85.9%
2012$91.15M$73.37M80.5%
2011$63.52M$60.03M94.5%
2010$59.12M$53.78M91.0%
2009$14.62M$52.46M358.8%
2008$43.13M$52.13M120.9%
2007$15.57M$46.34M297.5%
2006$3.99M$49.08Mn/m
2005($21.78M)$48.50MN/A (Loss)
2004($90.14M)$51.12MN/A (Loss)
2003$12.96M$49.15M379.3%
2002($36.32M)$46.77MN/A (Loss)
2001($4.46M)$43.96MN/A (Loss)
2000($1.15M)$42.37MN/A (Loss)
1999($14.58M)$40.62MN/A (Loss)
1998($52.68M)$37.09MN/A (Loss)
1997($38.35M)$33.75MN/A (Loss)
1996($43.31M)$25.96MN/A (Loss)

Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

FCF Payout Ratio FAQ

What is the FCF payout ratio for Sun Communities, Inc. (SUI)?
The FCF payout ratio for SUI stock is 119.09%.
What is the TTM average FCF payout ratio for Sun Communities, Inc. (SUI)?
The TTM average FCF payout ratio for SUI stock is 108.66%.
What is the 3Y average FCF payout ratio for Sun Communities, Inc. (SUI)?
The 3Y average FCF payout ratio for SUI stock is 77.68%.
What is the 5Y average FCF payout ratio for Sun Communities, Inc. (SUI)?
The 5Y average FCF payout ratio for SUI stock is 55.17%.
What is the 10Y average FCF payout ratio for Sun Communities, Inc. (SUI)?
The 10Y average FCF payout ratio for SUI stock is 62.78%.
What is the 15Y average FCF payout ratio for Sun Communities, Inc. (SUI)?
The 15Y average FCF payout ratio for SUI stock is 71.58%.
What is the 20Y average FCF payout ratio for Sun Communities, Inc. (SUI)?
The 20Y average FCF payout ratio for SUI stock is 73.55%.

SUI FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2026-03-31119.09%
2025-12-31120.84%
2025-09-30124.83%
2025-06-30122.73%
2025-03-3155.81%
2024-12-3155.43%
2024-09-3055.17%
2024-06-3053.37%
2024-03-3156.95%
2023-12-3158.97%
2023-09-3060.59%
2023-06-3064.75%
2023-03-3161.25%
2022-12-3157.72%
2022-09-3054.82%
2022-06-3051.66%
2022-03-3152.08%
2021-12-3151.09%
2021-09-3049.72%
2021-06-3048.33%
2021-03-3150.21%
2020-12-3156.17%
2020-09-3054.77%
2020-06-3051.84%
2020-03-3152.69%
2019-12-3153.09%
2019-09-3053.72%
2019-06-3061.22%
2019-03-3165.16%
2018-12-3166.87%
2018-09-3069.63%
2018-06-3075.97%
2018-03-3183.77%
2017-12-3185.76%
2017-09-3077.27%
2017-06-3077.01%
2017-03-3175.56%
2016-12-3177.52%
2016-09-3080.63%
2016-06-3079.10%
2016-03-3187.33%
2015-12-3189.15%
2015-09-3091.57%
2015-06-3097.82%
2015-03-31102.78%
2014-12-3191.04%
2014-09-3086.90%
2014-06-3082.76%
2014-03-3179.71%
2013-12-3187.55%
2013-09-3044.22%
2013-06-3052.70%
2013-03-3164.71%
2012-12-3184.09%
2010-12-31651.24%
2010-09-30684.31%
2010-06-30573.51%
2010-03-31406.17%
2009-12-31358.81%
2009-09-30565.35%
2009-06-30616.72%
2009-03-31702.40%
2008-09-30419.76%
2008-06-30453.00%
2008-03-31399.24%
2007-12-31297.51%
2007-09-30221.28%
2007-06-30179.97%
2007-03-31268.02%
2004-03-31364.70%
2003-12-31379.33%
2003-09-30437.27%
2003-06-30562.48%

About Sun Communities, Inc.

Sun Communities, Inc., a Real Estate Investment Trust (REIT), possessed or managed a substantial portfolio of 603 developed manufactured housing, RV, and marina properties as of March 31, 2022. These holdings comprised nearly 159,300 individual developed sites and over 45,700 wet slips and dry storage spaces. Its operational reach spans 39 U.S. states, Canada, Puerto Rico, and the UK.

Southfield, MI
6,491 employees
Real Estate / REIT - Residential
Sector
Real Estate
Industry
REIT - Residential
CEO
Charles D. Young