The operating income, adjusted margin measures a company’s operating income, adjusted as a percentage of the revenue. The formula to calculate operating income margin and an example calculation for Sun Communities’s trailing twelve months is outlined below:
Operating Income Margin = Operating Income, Adjusted / Total Revenue
17.6% = 561.7 M / 3.19 B
The tables below summarizes Sun Communities’s performance over the last five years:
| Fiscal Year | Operating Income, Adjusted | Revenue | Margin |
|---|
| 2020-12-31 | 299.7 M | 1.383 B | 21.7% |
| 2021-12-31 | 463.3 M | 2.246 B | 20.6% |
| 2022-12-31 | 594.6 M | 2.937 B | 20.2% |
| 2023-12-31 | 606.8 M | 3.165 B | 19.2% |
| 2024-12-31 | 561.7 M | 3.19 B | 17.6% |
The tables below summarizes Sun Communities’s performance over the last four quarters:
| Quarter Ending | Operating Income, Adjusted | Revenue | Margin |
|---|
| 2024-03-31 | 70.1 M | 669.7 M | 10.5% |
| 2024-06-30 | 166.1 M | 855.8 M | 19.4% |
| 2024-09-30 | 221.2 M | 933.2 M | 23.7% |
| 2024-12-31 | 104.3 M | 731.7 M | 14.3% |
You can read more about Operating Income, Adjusted here.
Click the link below to download a spreadsheet with an example Dividend Yield calculation for Sun Communities Inc below: