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Side-by-side financial comparison of SUN COMMUNITIES INC (SUI) and TXNM ENERGY INC (TXNM). Click either name above to swap in a different company.

SUN COMMUNITIES INC is the larger business by last-quarter revenue ($697.2M vs $506.4M, roughly 1.4× TXNM ENERGY INC). SUN COMMUNITIES INC runs the higher net margin — 1.7% vs -1.0%, a 2.8% gap on every dollar of revenue. On growth, TXNM ENERGY INC posted the faster year-over-year revenue change (5.3% vs -25.8%). Over the past eight quarters, TXNM ENERGY INC's revenue compounded faster (8.4% CAGR vs -2.1%).

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..

TXNM Energy, Inc. is an energy holding company based in Albuquerque, New Mexico. TXNM was founded in 1917 as the Albuquerque Gas and Electric Company. TXNM Energy owns both PNM and Texas - New Mexico Power (TNMP)

SUI vs TXNM — Head-to-Head

Bigger by revenue
SUI
SUI
1.4× larger
SUI
$697.2M
$506.4M
TXNM
Growing faster (revenue YoY)
TXNM
TXNM
+31.1% gap
TXNM
5.3%
-25.8%
SUI
Higher net margin
SUI
SUI
2.8% more per $
SUI
1.7%
-1.0%
TXNM
Faster 2-yr revenue CAGR
TXNM
TXNM
Annualised
TXNM
8.4%
-2.1%
SUI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
SUI
SUI
TXNM
TXNM
Revenue
$697.2M
$506.4M
Net Profit
$12.1M
$-5.3M
Gross Margin
Operating Margin
18.5%
Net Margin
1.7%
-1.0%
Revenue YoY
-25.8%
5.3%
Net Profit YoY
-96.0%
-126.4%
EPS (diluted)
$0.07
$-0.06

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
SUI
SUI
TXNM
TXNM
Q4 25
$506.4M
Q3 25
$697.2M
$656.3M
Q2 25
$623.5M
$493.8M
Q1 25
$470.2M
$480.4M
Q4 24
$745.9M
$481.0M
Q3 24
$939.9M
$574.3M
Q2 24
$864.0M
$473.2M
Q1 24
$671.3M
$431.1M
Net Profit
SUI
SUI
TXNM
TXNM
Q4 25
$-5.3M
Q3 25
$12.1M
$136.3M
Q2 25
$1.3B
$26.0M
Q1 25
$-41.2M
$12.8M
Q4 24
$-228.4M
$20.0M
Q3 24
$300.5M
$136.4M
Q2 24
$56.7M
$52.0M
Q1 24
$-25.2M
$50.4M
Gross Margin
SUI
SUI
TXNM
TXNM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
51.8%
Q2 24
41.9%
Q1 24
40.8%
Operating Margin
SUI
SUI
TXNM
TXNM
Q4 25
18.5%
Q3 25
30.9%
Q2 25
14.7%
Q1 25
15.0%
Q4 24
15.8%
Q3 24
33.3%
Q2 24
22.3%
Q1 24
18.7%
Net Margin
SUI
SUI
TXNM
TXNM
Q4 25
-1.0%
Q3 25
1.7%
20.8%
Q2 25
210.8%
5.3%
Q1 25
-8.8%
2.7%
Q4 24
-30.6%
4.2%
Q3 24
32.0%
23.7%
Q2 24
6.6%
11.0%
Q1 24
-3.8%
11.7%
EPS (diluted)
SUI
SUI
TXNM
TXNM
Q4 25
$-0.06
Q3 25
$0.07
$1.22
Q2 25
$10.02
$0.22
Q1 25
$-0.34
$0.10
Q4 24
$-1.80
$0.17
Q3 24
$2.31
$1.45
Q2 24
$0.42
$0.53
Q1 24
$-0.22
$0.52

Balance Sheet & Financial Strength

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

Metric
SUI
SUI
TXNM
TXNM
Cash + ST InvestmentsLiquidity on hand
$542.7M
$18.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.0B
$3.4B
Total Assets
$12.8B
$12.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SUI
SUI
TXNM
TXNM
Q4 25
$18.3M
Q3 25
$542.7M
$32.1M
Q2 25
$889.7M
$22.2M
Q1 25
$6.1M
Q4 24
$47.4M
$4.5M
Q3 24
$7.2M
Q2 24
$3.2M
Q1 24
$3.0M
Total Debt
SUI
SUI
TXNM
TXNM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$7.4B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
SUI
SUI
TXNM
TXNM
Q4 25
$3.4B
Q3 25
$7.0B
$3.4B
Q2 25
$7.4B
$3.2B
Q1 25
$6.9B
$2.5B
Q4 24
$7.1B
$2.5B
Q3 24
$7.5B
$2.5B
Q2 24
$6.9B
$2.4B
Q1 24
$6.9B
$2.4B
Total Assets
SUI
SUI
TXNM
TXNM
Q4 25
$12.1B
Q3 25
$12.8B
$12.0B
Q2 25
$13.4B
$11.7B
Q1 25
$16.5B
$11.4B
Q4 24
$16.5B
$11.2B
Q3 24
$17.1B
$10.8B
Q2 24
$17.0B
$10.6B
Q1 24
$17.1B
$10.3B
Debt / Equity
SUI
SUI
TXNM
TXNM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
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
SUI
SUI
TXNM
TXNM
Operating Cash FlowLast quarter
$197.8M
$157.7M
Free Cash FlowOCF − Capex
$-152.1M
FCF MarginFCF / Revenue
-30.0%
Capex IntensityCapex / Revenue
61.2%
Cash ConversionOCF / Net Profit
16.35×
TTM Free Cash FlowTrailing 4 quarters
$-611.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SUI
SUI
TXNM
TXNM
Q4 25
$157.7M
Q3 25
$197.8M
$282.0M
Q2 25
$256.0M
$3.5M
Q1 25
$243.9M
$141.3M
Q4 24
$118.0M
$158.6M
Q3 24
$189.2M
$180.0M
Q2 24
$311.3M
$76.7M
Q1 24
$242.5M
$92.8M
Free Cash Flow
SUI
SUI
TXNM
TXNM
Q4 25
$-152.1M
Q3 25
$4.7M
Q2 25
$-262.6M
Q1 25
$-201.4M
Q4 24
$-182.9M
Q3 24
$-143.7M
Q2 24
$-216.0M
Q1 24
$-196.3M
FCF Margin
SUI
SUI
TXNM
TXNM
Q4 25
-30.0%
Q3 25
0.7%
Q2 25
-53.2%
Q1 25
-41.9%
Q4 24
-38.0%
Q3 24
-25.0%
Q2 24
-45.6%
Q1 24
-45.5%
Capex Intensity
SUI
SUI
TXNM
TXNM
Q4 25
61.2%
Q3 25
42.3%
Q2 25
53.9%
Q1 25
71.3%
Q4 24
71.0%
Q3 24
56.4%
Q2 24
61.9%
Q1 24
67.1%
Cash Conversion
SUI
SUI
TXNM
TXNM
Q4 25
Q3 25
16.35×
2.07×
Q2 25
0.19×
0.14×
Q1 25
11.04×
Q4 24
7.93×
Q3 24
0.63×
1.32×
Q2 24
5.49×
1.48×
Q1 24
1.84×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SUI
SUI

Segment breakdown not available.

TXNM
TXNM

Electricity$348.8M69%
Other$89.3M18%
Electric Transmission Service$40.4M8%
Wholesale Energy Sales$26.2M5%
Miscellaneous Revenue From Contracts With Customers$1.7M0%

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