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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and SUN COMMUNITIES INC (SUI). Click either name above to swap in a different company.

SUN COMMUNITIES INC is the larger business by last-quarter revenue ($697.2M vs $9.6M, roughly 72.3× American Assets Trust, Inc.). On growth, American Assets Trust, Inc. posted the faster year-over-year revenue change (-5.5% vs -25.8%). Over the past eight quarters, SUN COMMUNITIES INC's revenue compounded faster (-2.1% CAGR vs -5.2%).

Personal Assets Trust is a large British investment trust. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Iain Ferguson CBE.

Sun Communities is a publicly traded real estate investment trust that invests in manufactured housing communities and recreational vehicle communities. As of June 2, 2025, the company owned interests in 500 such properties in the United States, Canada, and the UK..

AAT vs SUI — Head-to-Head

Bigger by revenue
SUI
SUI
72.3× larger
SUI
$697.2M
$9.6M
AAT
Growing faster (revenue YoY)
AAT
AAT
+20.3% gap
AAT
-5.5%
-25.8%
SUI
Faster 2-yr revenue CAGR
SUI
SUI
Annualised
SUI
-2.1%
-5.2%
AAT

Income Statement — Q4 2025 vs Q2 2026

Metric
AAT
AAT
SUI
SUI
Revenue
$9.6M
$697.2M
Net Profit
$12.1M
Gross Margin
Operating Margin
Net Margin
1.7%
Revenue YoY
-5.5%
-25.8%
Net Profit YoY
-96.0%
EPS (diluted)
$0.06
$0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAT
AAT
SUI
SUI
Q4 25
$9.6M
Q3 25
$10.1M
$697.2M
Q2 25
$10.2M
$623.5M
Q1 25
$9.9M
$470.2M
Q4 24
$10.2M
$745.9M
Q3 24
$11.4M
$939.9M
Q2 24
$10.6M
$864.0M
Q1 24
$10.7M
$671.3M
Net Profit
AAT
AAT
SUI
SUI
Q4 25
Q3 25
$4.5M
$12.1M
Q2 25
$5.5M
$1.3B
Q1 25
$42.5M
$-41.2M
Q4 24
$-228.4M
Q3 24
$16.7M
$300.5M
Q2 24
$11.9M
$56.7M
Q1 24
$19.3M
$-25.2M
Net Margin
AAT
AAT
SUI
SUI
Q4 25
Q3 25
44.6%
1.7%
Q2 25
53.2%
210.8%
Q1 25
429.3%
-8.8%
Q4 24
-30.6%
Q3 24
145.5%
32.0%
Q2 24
111.9%
6.6%
Q1 24
179.4%
-3.8%
EPS (diluted)
AAT
AAT
SUI
SUI
Q4 25
$0.06
Q3 25
$0.07
$0.07
Q2 25
$0.09
$10.02
Q1 25
$0.70
$-0.34
Q4 24
$0.14
$-1.80
Q3 24
$0.28
$2.31
Q2 24
$0.20
$0.42
Q1 24
$0.32
$-0.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAT
AAT
SUI
SUI
Cash + ST InvestmentsLiquidity on hand
$129.4M
$542.7M
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$1.2B
$7.0B
Total Assets
$2.9B
$12.8B
Debt / EquityLower = less leverage
1.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAT
AAT
SUI
SUI
Q4 25
$129.4M
Q3 25
$138.7M
$542.7M
Q2 25
$143.7M
$889.7M
Q1 25
$143.9M
Q4 24
$425.7M
$47.4M
Q3 24
$533.0M
Q2 24
$114.9M
Q1 24
$98.6M
Total Debt
AAT
AAT
SUI
SUI
Q4 25
$1.7B
Q3 25
Q2 25
Q1 25
Q4 24
$2.0B
$7.4B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AAT
AAT
SUI
SUI
Q4 25
$1.2B
Q3 25
$1.2B
$7.0B
Q2 25
$1.2B
$7.4B
Q1 25
$1.2B
$6.9B
Q4 24
$1.2B
$7.1B
Q3 24
$1.2B
$7.5B
Q2 24
$1.2B
$6.9B
Q1 24
$1.2B
$6.9B
Total Assets
AAT
AAT
SUI
SUI
Q4 25
$2.9B
Q3 25
$2.9B
$12.8B
Q2 25
$3.0B
$13.4B
Q1 25
$3.0B
$16.5B
Q4 24
$3.3B
$16.5B
Q3 24
$3.4B
$17.1B
Q2 24
$3.0B
$17.0B
Q1 24
$3.0B
$17.1B
Debt / Equity
AAT
AAT
SUI
SUI
Q4 25
1.48×
Q3 25
Q2 25
Q1 25
Q4 24
1.72×
1.04×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAT
AAT
SUI
SUI
Operating Cash FlowLast quarter
$40.6M
$197.8M
Free Cash FlowOCF − Capex
$23.0M
FCF MarginFCF / Revenue
238.4%
Capex IntensityCapex / Revenue
182.1%
Cash ConversionOCF / Net Profit
16.35×
TTM Free Cash FlowTrailing 4 quarters
$94.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAT
AAT
SUI
SUI
Q4 25
$40.6M
Q3 25
$40.5M
$197.8M
Q2 25
$49.2M
$256.0M
Q1 25
$36.9M
$243.9M
Q4 24
$40.6M
$118.0M
Q3 24
$52.4M
$189.2M
Q2 24
$59.3M
$311.3M
Q1 24
$54.8M
$242.5M
Free Cash Flow
AAT
AAT
SUI
SUI
Q4 25
$23.0M
Q3 25
$23.1M
Q2 25
$28.4M
Q1 25
$20.4M
Q4 24
$21.5M
Q3 24
$28.0M
Q2 24
$43.6M
Q1 24
$43.8M
FCF Margin
AAT
AAT
SUI
SUI
Q4 25
238.4%
Q3 25
228.3%
Q2 25
276.7%
Q1 25
206.1%
Q4 24
210.4%
Q3 24
244.4%
Q2 24
409.9%
Q1 24
408.5%
Capex Intensity
AAT
AAT
SUI
SUI
Q4 25
182.1%
Q3 25
172.4%
Q2 25
203.1%
Q1 25
166.0%
Q4 24
187.6%
Q3 24
213.5%
Q2 24
147.4%
Q1 24
101.9%
Cash Conversion
AAT
AAT
SUI
SUI
Q4 25
Q3 25
8.98×
16.35×
Q2 25
9.01×
0.19×
Q1 25
0.87×
Q4 24
Q3 24
3.15×
0.63×
Q2 24
4.98×
5.49×
Q1 24
2.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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