Financial Snapshot

Revenue
$810.0M
TTM
Gross Margin
42.08%
TTM
Net Earnings
-$413.2M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
86.36%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$2.683B
Q3 2024
Cash
Q3 2024
P/E
-1.424
Nov 29, 2024 EST
Free Cash Flow
-$2.129B
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $720.7M $557.7M $241.8M $160.8M $131.6M $104.4M $76.86M
YoY Change 29.22% 130.69% 50.32% 22.24% 26.03% 35.82%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $720.7M $557.7M $241.8M $160.8M $131.6M $104.4M $76.86M
Cost Of Revenue $427.5M $327.1M $98.31M $65.20M $47.40M $36.70M $27.30M
Gross Profit $293.2M $230.6M $143.4M $95.60M $84.10M $67.70M $49.50M
Gross Profit Margin 40.68% 41.35% 59.34% 59.45% 63.93% 64.86% 64.41%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $525.1M $337.5M $220.1M $131.5M $106.6M $81.50M $59.90M
YoY Change 55.56% 53.33% 67.39% 23.36% 30.8% 36.06%
% of Gross Profit 179.1% 146.36% 153.45% 137.55% 126.75% 120.38% 121.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $153.4M $108.2M $85.60M $66.07M $49.34M $39.29M $29.48M
YoY Change 41.81% 26.36% 29.57% 33.9% 25.58% 33.27%
% of Gross Profit 52.32% 46.9% 59.67% 69.11% 58.67% 58.04% 59.56%
Operating Expenses $521.1M $311.0M $194.6M $131.4M $106.5M $81.40M $59.90M
YoY Change 67.57% 59.76% 48.12% 23.38% 30.84% 35.89%
Operating Profit -$243.4M -$81.50M -$54.89M -$35.78M -$22.27M -$13.73M -$10.36M
YoY Change 198.68% 48.49% 53.42% 60.66% 62.2% 32.59%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense -$371.9M -$107.8M -$82.02M -$130.8M -$99.60M -$54.70M -$79.80M
YoY Change 245.11% 31.4% -37.29% 31.33% 82.08% -31.45%
% of Operating Profit
Other Income/Expense, Net -$3.949M $3.090M -$516.0K $1.752M -$880.0K $1.000K $0.00
YoY Change -227.8% -698.84% -129.45% -299.09% -88100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$503.4M -$126.4M -$147.3M -$307.6M -$133.4M -$68.40M -$90.20M
YoY Change 298.33% -14.17% -52.13% 130.58% 95.03% -24.17%
Income Tax -$1.000M $3.900M $260.0K $181.0K $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$418.0M -$161.6M -$138.1M -$252.3M -$144.4M -$74.25M -$91.09M
YoY Change 158.57% 17.02% -45.25% 74.77% 94.42% -18.49%
Net Earnings / Revenue -58.0% -28.98% -57.14% -156.87% -109.73% -71.13% -118.51%
Basic Earnings Per Share -$3.53 -$1.41 -$1.25 -$2.87 -$4.14
Diluted Earnings Per Share -$3.53 -$1.41 -$1.25 -$2.87 -$4.14 -$854.8K -$1.050M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $212.8M $360.3M $243.1M $209.9M $83.50M $52.70M $56.30M
YoY Change -40.92% 48.19% 15.82% 151.38% 58.44% -6.39%
Cash & Equivalents $212.8M $360.3M $243.1M $209.9M $83.50M $52.70M $56.30M
Short-Term Investments
Other Short-Term Assets $96.71M $77.17M $105.5M $87.70M $115.5M $8.400M $12.80M
YoY Change 25.31% -26.86% 20.3% -24.07% 1275.0% -34.38%
Inventory $148.6M $152.1M $128.0M $102.6M $43.70M $9.200M
Prepaid Expenses
Receivables $224.8M $146.5M $81.45M $35.10M $25.40M $19.20M $12.20M
Other Receivables $253.4M $212.4M $57.74M $21.40M $6.200M $0.00 $0.00
Total Short-Term Assets $936.2M $948.4M $615.7M $456.7M $274.3M $89.50M $81.30M
YoY Change -1.28% 54.02% 34.82% 66.5% 206.48% 10.09%
Property, Plant & Equipment $5.656B $3.802B $2.928B $2.332B $1.755B $1.329B $1.113B
YoY Change 48.77% 29.84% 25.55% 32.92% 32.08% 19.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $878.6M $944.7M $552.5M $285.2M $160.0M $75.10M $60.80M
YoY Change -7.0% 71.0% 93.71% 78.25% 113.05% 23.52%
Total Long-Term Assets $10.40B $7.389B $4.888B $3.131B $2.213B $1.576B $1.248B
YoY Change 40.82% 51.14% 56.14% 41.49% 40.44% 26.3%
Total Assets $11.34B $8.337B $5.504B $3.588B $2.487B $1.665B $1.329B
YoY Change
Accounts Payable $355.8M $116.1M $55.03M $39.90M $36.20M $20.10M $23.90M
YoY Change 206.36% 111.03% 37.93% 10.22% 80.1% -15.9%
Accrued Expenses $192.9M $177.6M $82.91M $35.10M $40.10M $18.70M $14.00M
YoY Change 8.62% 114.18% 136.21% -12.47% 114.44% 33.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $484.8M $215.2M $130.5M $111.0M $102.5M $43.50M $107.6M
YoY Change 125.27% 64.98% 17.53% 8.29% 135.63% -59.57%
Total Short-Term Liabilities $1.095B $541.9M $310.9M $210.9M $195.0M $95.40M $153.9M
YoY Change 102.1% 74.32% 47.41% 8.15% 104.4% -38.01%
Long-Term Debt $7.032B $5.196B $3.137B $1.925B $1.346B $916.4M $723.7M
YoY Change 35.35% 65.64% 62.95% 42.97% 46.92% 26.63%
Other Long-Term Liabilities $1.084B $711.8M $435.0M $171.2M $127.4M $66.50M $41.40M
YoY Change 52.35% 63.62% 154.1% 34.38% 91.58% 60.63%
Total Long-Term Liabilities $8.117B $5.907B $3.572B $2.096B $1.474B $982.9M $765.1M
YoY Change 37.4% 65.4% 70.4% 42.22% 49.94% 28.47%
Total Liabilities $9.814B $7.064B $4.315B $2.636B $1.841B $1.164B $957.6M
YoY Change 38.93% 63.71% 63.69% 43.17% 58.17% 21.55%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 118.3M shares 114.5M shares 110.9M shares 87.87M shares 40.80M shares
Diluted Shares Outstanding 118.3M shares 114.5M shares 110.9M shares 87.87M shares 40.80M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $588.53 Million

About Sunnova Energy International Inc.

Sunnova Energy International, Inc. is an energy services company, which engages in the provision of responsive energy management solutions. The company is headquartered in Houston, Texas and currently employs 2,047 full-time employees. The company went IPO on 2019-07-25. The firm partnering with local dealers and contractors who originate, design, and install its customer’s solar energy systems, energy storage systems and related products and services on its behalf. The company also offers other sustainable home solutions, such as home security and monitoring, smart home devices, modern heating, ventilation, and air conditioning generators, upgraded roofing, water systems, water heaters, main panel upgrades and electric vehicle chargers. Its services include operations and maintenance, monitoring, repairs and replacements, equipment upgrades, onsite power optimization for the customer, the ability to switch power sources among the solar panel, grid, and energy storage system, as appropriate, and diagnostics. The company serves commercial, industrial, agricultural, not-for-profit, and public sector customers. The company serves approximately 419,000 customers in more than 45 United States and territories.

Industry: Electric & Other Services Combined Peers: Altus Power, Inc. Brookfield Renewable Corp Montauk Renewables, Inc. NEXTERA ENERGY PARTNERS, LP ORMAT TECHNOLOGIES, INC.