SUI vs. WELL: Sun Communities vs. Welltower Stock Comparison

Company Profile

Sun Communities (SUI) and Welltower (WELL) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but SUI is classified in Residential REITs while WELL is classified in Health Care REITs.

Both Sun Communities (SUI) and Welltower (WELL) are REITs — read their payout ratios and P/E alongside FFO (funds from operations) rather than at face value.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both Sun Communities (SUI) at 4.89% and Welltower (WELL) at 3.92% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

Neither Sun Communities (SUI) in Equity Real Estate Investment Trusts (REITs) nor Welltower (WELL) in Equity Real Estate Investment Trusts (REITs) is well served by net margin: heavy depreciation makes net income a poor profitability proxy in their businesses, where FFO-based measures are the standard read.

Neither side reports a meaningful operating margin: for Sun Communities (SUI) in Equity Real Estate Investment Trusts (REITs) and Welltower (WELL) in Equity Real Estate Investment Trusts (REITs), funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Welltower (WELL) at 35.82% clears its industry range for revenue growth, far stronger top-line momentum than Sun Communities (SUI) at 0.77%, which is closer to a typical peer reading.

EPS growth isn't a meaningful figure for either Sun Communities (SUI) in Equity Real Estate Investment Trusts (REITs) or Welltower (WELL) in Equity Real Estate Investment Trusts (REITs) under our convention.

Growth Metrics

Financial Strength

Welltower (WELL) at 1.66 keeps current ratio within its industry’s typical mid-range, while Sun Communities (SUI) at 3.07 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Both Sun Communities (SUI) at 0.72 and Welltower (WELL) at 0.42 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

Financial Strength Metrics

Dividends

Sun Communities (SUI) at 3.60% pays a yield in its industry’s typical range, while Welltower (WELL) at 1.30% falls in the bottom quartile of its peers.

An earnings-based payout ratio fits neither Sun Communities (SUI) in Equity Real Estate Investment Trusts (REITs) nor Welltower (WELL) in Equity Real Estate Investment Trusts (REITs): their distributions are mandated and conventionally measured against FFO, so the accounting-earnings ratio overstates both.

Dividend Metrics

Valuation

P/E ratio is not a meaningful valuation yardstick for either Sun Communities (SUI) in Equity Real Estate Investment Trusts (REITs) or Welltower (WELL) in Equity Real Estate Investment Trusts (REITs): depreciation suppresses reported earnings in their businesses, and price-to-FFO is the conventional yardstick instead.

Sun Communities (SUI) at 6.39 is priced about in line with its industry on P/S ratio, while Welltower (WELL) at 13.03 sits in the pricier quartile — WELL costs more per dollar of sales.

Both Sun Communities (SUI) at 2.76 and Welltower (WELL) at 3.69 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

Valuation Metrics