vs

Side-by-side financial comparison of Mativ Holdings, Inc. (MATV) 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 $463.1M, roughly 1.5× Mativ Holdings, Inc.). Mativ Holdings, Inc. runs the higher net margin — 21.8% vs 1.7%, a 20.0% gap on every dollar of revenue. On growth, Mativ Holdings, Inc. posted the faster year-over-year revenue change (1.0% vs -25.8%). Over the past eight quarters, SUN COMMUNITIES INC's revenue compounded faster (-2.1% CAGR vs -3.8%).

Mativ Holdings, Inc. is a global specialty materials manufacturer producing high-performance advanced polymers, nonwovens, filtration solutions, and functional coated materials. It serves healthcare, industrial, consumer goods, aerospace, and energy segments, with operations across North America, Europe, and Asia Pacific.

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..

MATV vs SUI — Head-to-Head

Bigger by revenue
SUI
SUI
1.5× larger
SUI
$697.2M
$463.1M
MATV
Growing faster (revenue YoY)
MATV
MATV
+26.8% gap
MATV
1.0%
-25.8%
SUI
Higher net margin
MATV
MATV
20.0% more per $
MATV
21.8%
1.7%
SUI
Faster 2-yr revenue CAGR
SUI
SUI
Annualised
SUI
-2.1%
-3.8%
MATV

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
MATV
MATV
SUI
SUI
Revenue
$463.1M
$697.2M
Net Profit
$100.8M
$12.1M
Gross Margin
18.8%
Operating Margin
2.2%
Net Margin
21.8%
1.7%
Revenue YoY
1.0%
-25.8%
Net Profit YoY
6620.0%
-96.0%
EPS (diluted)
$1.87
$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
MATV
MATV
SUI
SUI
Q4 25
$463.1M
Q3 25
$513.7M
$697.2M
Q2 25
$525.4M
$623.5M
Q1 25
$484.8M
$470.2M
Q4 24
$458.6M
$745.9M
Q3 24
$498.5M
$939.9M
Q2 24
$523.8M
$864.0M
Q1 24
$500.2M
$671.3M
Net Profit
MATV
MATV
SUI
SUI
Q4 25
$100.8M
Q3 25
$-3.2M
$12.1M
Q2 25
$-9.5M
$1.3B
Q1 25
$-425.5M
$-41.2M
Q4 24
$1.5M
$-228.4M
Q3 24
$-20.8M
$300.5M
Q2 24
$-1.4M
$56.7M
Q1 24
$-28.0M
$-25.2M
Gross Margin
MATV
MATV
SUI
SUI
Q4 25
18.8%
Q3 25
19.3%
Q2 25
19.7%
Q1 25
15.0%
Q4 24
16.9%
Q3 24
18.8%
Q2 24
20.8%
Q1 24
16.8%
Operating Margin
MATV
MATV
SUI
SUI
Q4 25
2.2%
Q3 25
3.1%
Q2 25
3.8%
Q1 25
-88.8%
Q4 24
0.6%
Q3 24
1.4%
Q2 24
2.0%
Q1 24
-2.8%
Net Margin
MATV
MATV
SUI
SUI
Q4 25
21.8%
Q3 25
-0.6%
1.7%
Q2 25
-1.8%
210.8%
Q1 25
-87.8%
-8.8%
Q4 24
0.3%
-30.6%
Q3 24
-4.2%
32.0%
Q2 24
-0.3%
6.6%
Q1 24
-5.6%
-3.8%
EPS (diluted)
MATV
MATV
SUI
SUI
Q4 25
$1.87
Q3 25
$-0.06
$0.07
Q2 25
$-0.18
$10.02
Q1 25
$-7.82
$-0.34
Q4 24
$0.03
$-1.80
Q3 24
$-0.38
$2.31
Q2 24
$-0.03
$0.42
Q1 24
$-0.52
$-0.22

Balance Sheet & Financial Strength

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

Metric
MATV
MATV
SUI
SUI
Cash + ST InvestmentsLiquidity on hand
$84.2M
$542.7M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$498.7M
$7.0B
Total Assets
$2.1B
$12.8B
Debt / EquityLower = less leverage
2.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MATV
MATV
SUI
SUI
Q4 25
$84.2M
Q3 25
$97.1M
$542.7M
Q2 25
$95.6M
$889.7M
Q1 25
$84.0M
Q4 24
$94.3M
$47.4M
Q3 24
$162.2M
Q2 24
$133.4M
Q1 24
$128.9M
Total Debt
MATV
MATV
SUI
SUI
Q4 25
$1.0B
Q3 25
$1.0B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
$7.4B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B
Stockholders' Equity
MATV
MATV
SUI
SUI
Q4 25
$498.7M
Q3 25
$397.4M
$7.0B
Q2 25
$416.6M
$7.4B
Q1 25
$428.2M
$6.9B
Q4 24
$858.5M
$7.1B
Q3 24
$882.3M
$7.5B
Q2 24
$898.0M
$6.9B
Q1 24
$906.9M
$6.9B
Total Assets
MATV
MATV
SUI
SUI
Q4 25
$2.1B
Q3 25
$2.0B
$12.8B
Q2 25
$2.1B
$13.4B
Q1 25
$2.1B
$16.5B
Q4 24
$2.4B
$16.5B
Q3 24
$2.6B
$17.1B
Q2 24
$2.6B
$17.0B
Q1 24
$2.7B
$17.1B
Debt / Equity
MATV
MATV
SUI
SUI
Q4 25
2.07×
Q3 25
2.63×
Q2 25
2.66×
Q1 25
2.67×
Q4 24
1.30×
1.04×
Q3 24
1.32×
Q2 24
1.29×
Q1 24
1.30×

Cash Flow & Capital Efficiency

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

Metric
MATV
MATV
SUI
SUI
Operating Cash FlowLast quarter
$19.3M
$197.8M
Free Cash FlowOCF − Capex
$8.0M
FCF MarginFCF / Revenue
1.7%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
0.19×
16.35×
TTM Free Cash FlowTrailing 4 quarters
$93.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MATV
MATV
SUI
SUI
Q4 25
$19.3M
Q3 25
$72.8M
$197.8M
Q2 25
$57.6M
$256.0M
Q1 25
$-15.9M
$243.9M
Q4 24
$24.1M
$118.0M
Q3 24
$37.6M
$189.2M
Q2 24
$46.1M
$311.3M
Q1 24
$-13.0M
$242.5M
Free Cash Flow
MATV
MATV
SUI
SUI
Q4 25
$8.0M
Q3 25
$66.7M
Q2 25
$48.9M
Q1 25
$-29.8M
Q4 24
$2.0M
Q3 24
$25.5M
Q2 24
$37.4M
Q1 24
$-25.1M
FCF Margin
MATV
MATV
SUI
SUI
Q4 25
1.7%
Q3 25
13.0%
Q2 25
9.3%
Q1 25
-6.1%
Q4 24
0.4%
Q3 24
5.1%
Q2 24
7.1%
Q1 24
-5.0%
Capex Intensity
MATV
MATV
SUI
SUI
Q4 25
2.4%
Q3 25
1.2%
Q2 25
1.7%
Q1 25
2.9%
Q4 24
4.8%
Q3 24
2.4%
Q2 24
1.7%
Q1 24
2.4%
Cash Conversion
MATV
MATV
SUI
SUI
Q4 25
0.19×
Q3 25
16.35×
Q2 25
0.19×
Q1 25
Q4 24
16.07×
Q3 24
0.63×
Q2 24
5.49×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MATV
MATV

Other$208.7M45%
SAS Segment$157.4M34%
FAM Segment$97.0M21%

SUI
SUI

Segment breakdown not available.

Related Comparisons