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

West Pharmaceutical Services is the larger business by last-quarter revenue ($805.0M vs $697.2M, roughly 1.2× SUN COMMUNITIES INC). West Pharmaceutical Services runs the higher net margin — 16.4% vs 1.7%, a 14.7% gap on every dollar of revenue. On growth, West Pharmaceutical Services posted the faster year-over-year revenue change (7.5% vs -25.8%). Over the past eight quarters, West Pharmaceutical Services's revenue compounded faster (7.6% 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..

West Pharmaceutical Services, Inc. is a designer and manufacturer of injectable pharmaceutical packaging and delivery systems. Founded in 1923 by Herman O. West and J.R. Wike of Philadelphia, the company is headquartered in Exton, Pennsylvania. In its early years of development, West produced rubber components for packaging injectable drugs, providing a sterile environment for the producers of penicillin and insulin.

SUI vs WST — Head-to-Head

Bigger by revenue
WST
WST
1.2× larger
WST
$805.0M
$697.2M
SUI
Growing faster (revenue YoY)
WST
WST
+33.3% gap
WST
7.5%
-25.8%
SUI
Higher net margin
WST
WST
14.7% more per $
WST
16.4%
1.7%
SUI
Faster 2-yr revenue CAGR
WST
WST
Annualised
WST
7.6%
-2.1%
SUI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
SUI
SUI
WST
WST
Revenue
$697.2M
$805.0M
Net Profit
$12.1M
$132.1M
Gross Margin
37.8%
Operating Margin
19.5%
Net Margin
1.7%
16.4%
Revenue YoY
-25.8%
7.5%
Net Profit YoY
-96.0%
1.5%
EPS (diluted)
$0.07
$1.82

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
WST
WST
Q4 25
$805.0M
Q3 25
$697.2M
$804.6M
Q2 25
$623.5M
$766.5M
Q1 25
$470.2M
$698.0M
Q4 24
$745.9M
$748.8M
Q3 24
$939.9M
$746.9M
Q2 24
$864.0M
$702.1M
Q1 24
$671.3M
$695.4M
Net Profit
SUI
SUI
WST
WST
Q4 25
$132.1M
Q3 25
$12.1M
$140.0M
Q2 25
$1.3B
$131.8M
Q1 25
$-41.2M
$89.8M
Q4 24
$-228.4M
$130.1M
Q3 24
$300.5M
$136.0M
Q2 24
$56.7M
$111.3M
Q1 24
$-25.2M
$115.3M
Gross Margin
SUI
SUI
WST
WST
Q4 25
37.8%
Q3 25
36.6%
Q2 25
35.7%
Q1 25
33.2%
Q4 24
36.5%
Q3 24
35.4%
Q2 24
32.8%
Q1 24
33.1%
Operating Margin
SUI
SUI
WST
WST
Q4 25
19.5%
Q3 25
20.8%
Q2 25
20.1%
Q1 25
15.3%
Q4 24
21.3%
Q3 24
21.6%
Q2 24
18.0%
Q1 24
17.7%
Net Margin
SUI
SUI
WST
WST
Q4 25
16.4%
Q3 25
1.7%
17.4%
Q2 25
210.8%
17.2%
Q1 25
-8.8%
12.9%
Q4 24
-30.6%
17.4%
Q3 24
32.0%
18.2%
Q2 24
6.6%
15.9%
Q1 24
-3.8%
16.6%
EPS (diluted)
SUI
SUI
WST
WST
Q4 25
$1.82
Q3 25
$0.07
$1.92
Q2 25
$10.02
$1.82
Q1 25
$-0.34
$1.23
Q4 24
$-1.80
$1.78
Q3 24
$2.31
$1.85
Q2 24
$0.42
$1.51
Q1 24
$-0.22
$1.55

Balance Sheet & Financial Strength

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

Metric
SUI
SUI
WST
WST
Cash + ST InvestmentsLiquidity on hand
$542.7M
$791.3M
Total DebtLower is stronger
$202.8M
Stockholders' EquityBook value
$7.0B
$3.2B
Total Assets
$12.8B
$4.3B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SUI
SUI
WST
WST
Q4 25
$791.3M
Q3 25
$542.7M
$628.5M
Q2 25
$889.7M
$509.7M
Q1 25
$404.2M
Q4 24
$47.4M
$484.6M
Q3 24
$490.9M
Q2 24
$446.2M
Q1 24
$601.8M
Total Debt
SUI
SUI
WST
WST
Q4 25
$202.8M
Q3 25
$202.7M
Q2 25
$202.6M
Q1 25
$202.6M
Q4 24
$7.4B
$202.6M
Q3 24
$202.6M
Q2 24
$205.8M
Q1 24
$206.2M
Stockholders' Equity
SUI
SUI
WST
WST
Q4 25
$3.2B
Q3 25
$7.0B
$3.1B
Q2 25
$7.4B
$2.9B
Q1 25
$6.9B
$2.7B
Q4 24
$7.1B
$2.7B
Q3 24
$7.5B
$2.8B
Q2 24
$6.9B
$2.6B
Q1 24
$6.9B
$2.7B
Total Assets
SUI
SUI
WST
WST
Q4 25
$4.3B
Q3 25
$12.8B
$4.1B
Q2 25
$13.4B
$4.0B
Q1 25
$16.5B
$3.6B
Q4 24
$16.5B
$3.6B
Q3 24
$17.1B
$3.7B
Q2 24
$17.0B
$3.5B
Q1 24
$17.1B
$3.6B
Debt / Equity
SUI
SUI
WST
WST
Q4 25
0.06×
Q3 25
0.07×
Q2 25
0.07×
Q1 25
0.08×
Q4 24
1.04×
0.08×
Q3 24
0.07×
Q2 24
0.08×
Q1 24
0.08×

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
WST
WST
Operating Cash FlowLast quarter
$197.8M
$251.1M
Free Cash FlowOCF − Capex
$175.0M
FCF MarginFCF / Revenue
21.7%
Capex IntensityCapex / Revenue
9.5%
Cash ConversionOCF / Net Profit
16.35×
1.90×
TTM Free Cash FlowTrailing 4 quarters
$468.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SUI
SUI
WST
WST
Q4 25
$251.1M
Q3 25
$197.8M
$197.2M
Q2 25
$256.0M
$177.1M
Q1 25
$243.9M
$129.4M
Q4 24
$118.0M
$190.1M
Q3 24
$189.2M
$180.1M
Q2 24
$311.3M
$165.0M
Q1 24
$242.5M
$118.2M
Free Cash Flow
SUI
SUI
WST
WST
Q4 25
$175.0M
Q3 25
$133.9M
Q2 25
$101.9M
Q1 25
$58.1M
Q4 24
$85.2M
Q3 24
$98.8M
Q2 24
$64.8M
Q1 24
$27.6M
FCF Margin
SUI
SUI
WST
WST
Q4 25
21.7%
Q3 25
16.6%
Q2 25
13.3%
Q1 25
8.3%
Q4 24
11.4%
Q3 24
13.2%
Q2 24
9.2%
Q1 24
4.0%
Capex Intensity
SUI
SUI
WST
WST
Q4 25
9.5%
Q3 25
7.9%
Q2 25
9.8%
Q1 25
10.2%
Q4 24
14.0%
Q3 24
10.9%
Q2 24
14.3%
Q1 24
13.0%
Cash Conversion
SUI
SUI
WST
WST
Q4 25
1.90×
Q3 25
16.35×
1.41×
Q2 25
0.19×
1.34×
Q1 25
1.44×
Q4 24
1.46×
Q3 24
0.63×
1.32×
Q2 24
5.49×
1.48×
Q1 24
1.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SUI
SUI

Segment breakdown not available.

WST
WST

Proprietary Products$661.8M82%
Contract Manufactured Products$143.2M18%
Affiliated Entity$3.3M0%

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