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Side-by-side financial comparison of MasterBrand, Inc. (MBC) 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 $644.6M, roughly 1.1× MasterBrand, Inc.). SUN COMMUNITIES INC runs the higher net margin — 1.7% vs -6.5%, a 8.3% gap on every dollar of revenue. On growth, MasterBrand, Inc. posted the faster year-over-year revenue change (-3.5% vs -25.8%). Over the past eight quarters, MasterBrand, Inc.'s revenue compounded faster (0.5% CAGR vs -2.1%).

Master Lock is an American company that sells padlocks, combination locks, safes, and related security products. Now a subsidiary of Fortune Brands Innovations, Master Lock Company LLC was formed in 1921 by locksmith-inventor Harry Soref and is headquartered in Oak Creek, Wisconsin. In 1970, the company was purchased by American Brands from Soref's heirs. American Brands was later renamed to Fortune Brands, which then split on October 3, 2011, to create the Fortune Brands Home & Security comp...

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..

MBC vs SUI — Head-to-Head

Bigger by revenue
SUI
SUI
1.1× larger
SUI
$697.2M
$644.6M
MBC
Growing faster (revenue YoY)
MBC
MBC
+22.4% gap
MBC
-3.5%
-25.8%
SUI
Higher net margin
SUI
SUI
8.3% more per $
SUI
1.7%
-6.5%
MBC
Faster 2-yr revenue CAGR
MBC
MBC
Annualised
MBC
0.5%
-2.1%
SUI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
MBC
MBC
SUI
SUI
Revenue
$644.6M
$697.2M
Net Profit
$-42.0M
$12.1M
Gross Margin
26.0%
Operating Margin
-4.2%
Net Margin
-6.5%
1.7%
Revenue YoY
-3.5%
-25.8%
Net Profit YoY
-400.0%
-96.0%
EPS (diluted)
$-0.32
$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
MBC
MBC
SUI
SUI
Q4 25
$644.6M
Q3 25
$698.9M
$697.2M
Q2 25
$730.9M
$623.5M
Q1 25
$660.3M
$470.2M
Q4 24
$667.7M
$745.9M
Q3 24
$718.1M
$939.9M
Q2 24
$676.5M
$864.0M
Q1 24
$638.1M
$671.3M
Net Profit
MBC
MBC
SUI
SUI
Q4 25
$-42.0M
Q3 25
$18.1M
$12.1M
Q2 25
$37.3M
$1.3B
Q1 25
$13.3M
$-41.2M
Q4 24
$14.0M
$-228.4M
Q3 24
$29.1M
$300.5M
Q2 24
$45.3M
$56.7M
Q1 24
$37.5M
$-25.2M
Gross Margin
MBC
MBC
SUI
SUI
Q4 25
26.0%
Q3 25
31.2%
Q2 25
32.8%
Q1 25
30.6%
Q4 24
30.4%
Q3 24
33.1%
Q2 24
34.1%
Q1 24
32.1%
Operating Margin
MBC
MBC
SUI
SUI
Q4 25
-4.2%
Q3 25
6.0%
Q2 25
9.2%
Q1 25
5.6%
Q4 24
5.6%
Q3 24
8.0%
Q2 24
11.5%
Q1 24
9.8%
Net Margin
MBC
MBC
SUI
SUI
Q4 25
-6.5%
Q3 25
2.6%
1.7%
Q2 25
5.1%
210.8%
Q1 25
2.0%
-8.8%
Q4 24
2.1%
-30.6%
Q3 24
4.1%
32.0%
Q2 24
6.7%
6.6%
Q1 24
5.9%
-3.8%
EPS (diluted)
MBC
MBC
SUI
SUI
Q4 25
$-0.32
Q3 25
$0.14
$0.07
Q2 25
$0.29
$10.02
Q1 25
$0.10
$-0.34
Q4 24
$0.10
$-1.80
Q3 24
$0.22
$2.31
Q2 24
$0.35
$0.42
Q1 24
$0.29
$-0.22

Balance Sheet & Financial Strength

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

Metric
MBC
MBC
SUI
SUI
Cash + ST InvestmentsLiquidity on hand
$183.3M
$542.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$7.0B
Total Assets
$3.1B
$12.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MBC
MBC
SUI
SUI
Q4 25
$183.3M
Q3 25
$114.8M
$542.7M
Q2 25
$120.1M
$889.7M
Q1 25
$113.5M
Q4 24
$120.6M
$47.4M
Q3 24
$108.4M
Q2 24
$189.4M
Q1 24
$153.7M
Total Debt
MBC
MBC
SUI
SUI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$1.0B
$7.4B
Q3 24
$1.1B
Q2 24
Q1 24
Stockholders' Equity
MBC
MBC
SUI
SUI
Q4 25
$1.3B
Q3 25
$1.4B
$7.0B
Q2 25
$1.4B
$7.4B
Q1 25
$1.3B
$6.9B
Q4 24
$1.3B
$7.1B
Q3 24
$1.3B
$7.5B
Q2 24
$1.3B
$6.9B
Q1 24
$1.2B
$6.9B
Total Assets
MBC
MBC
SUI
SUI
Q4 25
$3.1B
Q3 25
$3.0B
$12.8B
Q2 25
$3.0B
$13.4B
Q1 25
$3.0B
$16.5B
Q4 24
$2.9B
$16.5B
Q3 24
$3.0B
$17.1B
Q2 24
$2.4B
$17.0B
Q1 24
$2.4B
$17.1B
Debt / Equity
MBC
MBC
SUI
SUI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.79×
1.04×
Q3 24
0.83×
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
MBC
MBC
SUI
SUI
Operating Cash FlowLast quarter
$86.9M
$197.8M
Free Cash FlowOCF − Capex
$52.5M
FCF MarginFCF / Revenue
8.1%
Capex IntensityCapex / Revenue
5.3%
Cash ConversionOCF / Net Profit
16.35×
TTM Free Cash FlowTrailing 4 quarters
$117.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MBC
MBC
SUI
SUI
Q4 25
$86.9M
Q3 25
$55.4M
$197.8M
Q2 25
$84.8M
$256.0M
Q1 25
$-31.4M
$243.9M
Q4 24
$115.1M
$118.0M
Q3 24
$80.8M
$189.2M
Q2 24
$77.4M
$311.3M
Q1 24
$18.7M
$242.5M
Free Cash Flow
MBC
MBC
SUI
SUI
Q4 25
$52.5M
Q3 25
$39.5M
Q2 25
$66.7M
Q1 25
$-41.2M
Q4 24
$68.8M
Q3 24
$64.5M
Q2 24
$66.1M
Q1 24
$11.7M
FCF Margin
MBC
MBC
SUI
SUI
Q4 25
8.1%
Q3 25
5.7%
Q2 25
9.1%
Q1 25
-6.2%
Q4 24
10.3%
Q3 24
9.0%
Q2 24
9.8%
Q1 24
1.8%
Capex Intensity
MBC
MBC
SUI
SUI
Q4 25
5.3%
Q3 25
2.3%
Q2 25
2.5%
Q1 25
1.5%
Q4 24
6.9%
Q3 24
2.3%
Q2 24
1.7%
Q1 24
1.1%
Cash Conversion
MBC
MBC
SUI
SUI
Q4 25
Q3 25
3.06×
16.35×
Q2 25
2.27×
0.19×
Q1 25
-2.36×
Q4 24
8.22×
Q3 24
2.78×
0.63×
Q2 24
1.71×
5.49×
Q1 24
0.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MBC
MBC

Dealers$345.7M54%
Retail$220.0M34%
Builders$78.9M12%

SUI
SUI

Segment breakdown not available.

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