Financial Snapshot

Revenue
$2.036B
TTM
Gross Margin
12.77%
TTM
Net Earnings
-$382.6M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
146.81%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$7.034B
Q3 2024
Cash
Q3 2024
P/E
-6.279
Nov 29, 2024 EST
Free Cash Flow
-$3.189B
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $2.260B $2.321B $1.610B $922.2M $858.6M $760.0M $532.5M $477.1M $304.6M $198.6M $54.74M
YoY Change -2.65% 44.19% 74.58% 7.41% 12.97% 42.71% 11.62% 56.63% 53.41% 262.73%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $2.260B $2.321B $1.610B $922.2M $858.6M $760.0M $532.5M $477.1M $304.6M $198.6M $54.74M
Cost Of Revenue $2.097B $2.023B $1.365B $743.5M $645.8M $534.9M $254.1M $239.4M $168.8M $100.8M $43.10M
Gross Profit $163.1M $298.7M $244.5M $178.7M $212.7M $225.1M $278.4M $237.7M $135.9M $97.76M $11.70M
Gross Profit Margin 7.22% 12.87% 15.19% 19.38% 24.77% 29.62% 52.28% 49.83% 44.6% 49.23% 21.37%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $961.9M $934.6M $882.1M $619.0M $400.2M $323.9M $253.8M $261.2M $229.9M $146.8M $55.64M
YoY Change 2.92% 5.95% 42.5% 54.7% 23.55% 27.6% -2.81% 13.58% 56.6% 163.89%
% of Gross Profit 589.89% 312.89% 360.82% 346.42% 188.14% 143.89% 91.17% 109.85% 169.24% 150.19% 475.53%
Research & Development $21.82M $20.91M $23.17M $19.55M $23.56M $18.84M $15.08M $10.20M $9.657M $8.386M $9.984M
YoY Change 4.35% -9.75% 18.5% -17.04% 25.04% 24.97% 47.85% 5.61% 15.16% -16.01%
% of Gross Profit 13.38% 7.0% 9.48% 10.94% 11.08% 8.37% 5.42% 4.29% 7.11% 8.58% 85.33%
Depreciation & Amortization $31.90M $27.20M $23.00M $20.00M $22.60M $20.40M $19.50M $18.80M $11.20M $6.400M $3.000M
YoY Change 17.28% 18.26% 15.0% -11.5% 10.78% 4.62% 3.72% 67.86% 75.0% 113.33%
% of Gross Profit 19.56% 9.11% 9.41% 11.19% 10.63% 9.06% 7.0% 7.91% 8.24% 6.55% 25.64%
Operating Expenses $983.7M $955.5M $905.3M $638.6M $423.7M $342.7M $268.9M $271.4M $239.6M $155.2M $65.62M
YoY Change 2.95% 5.55% 41.76% 50.71% 23.63% 27.46% -0.9% 13.26% 54.36% 136.52%
Operating Profit -$1.979B -$662.2M -$666.2M -$465.1M -$215.7M -$121.9M -$181.1M -$192.1M -$219.2M -$132.6M -$53.92M
YoY Change 198.8% -0.6% 43.23% 115.59% 77.01% -32.71% -5.7% -12.37% 65.29% 145.95%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense -$653.0M -$445.8M -$327.7M -$230.6M -$174.2M -$131.8M -$92.26M -$73.34M -$33.24M -$27.52M -$11.80M
YoY Change 46.47% 36.04% 42.11% 32.34% 32.23% 42.83% 25.79% 120.66% 20.77% 133.23%
% of Operating Profit
Other Income/Expense, Net -$63.90M $260.7M $22.63M $8.188M -$9.254M -$2.788M -$1.874M $840.0K -$1.769M -$3.043M -$400.0K
YoY Change -124.51% 1051.92% 176.36% -188.48% 231.92% 48.77% -323.1% -147.48% -41.87% 660.75%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income -$2.696B -$847.4M -$971.3M -$687.5M -$399.2M -$250.9M -$275.3M -$264.6M -$254.2M -$167.5M -$66.10M
YoY Change 218.11% -12.76% 41.27% 72.21% 59.15% -8.86% 4.04% 4.08% 51.73% 153.45%
Income Tax -$12.69M $2.291M $9.271M -$60.57M -$8.218M $9.322M $12.35M $56.26M -$5.299M -$10.04M -$600.0K
% Of Pretax Income
Net Earnings -$1.604B $173.4M -$79.42M -$173.4M $26.34M $26.66M $125.5M $75.13M -$28.25M -$70.85M -$1.201M
YoY Change -1025.44% -318.3% -54.2% -758.42% -1.21% -78.76% 67.03% -365.98% -60.13% 5799.42%
Net Earnings / Revenue -71.0% 7.47% -4.93% -18.8% 3.07% 3.51% 23.56% 15.75% -9.27% -35.68% -2.19%
Basic Earnings Per Share -$7.41 $0.82 -$0.39 -$1.24 $0.23 $0.24 $1.19 $0.73 -$0.96 -$3.11
Diluted Earnings Per Share -$7.41 $0.80 -$0.39 -$1.24 $0.21 $0.23 $1.16 $0.72 -$0.96 -$3.11 -$12.37K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $678.8M $740.5M $617.6M $520.0M $270.0M $227.0M $203.0M $206.0M $204.0M $152.0M $100.0M
YoY Change -8.33% 19.89% 18.78% 92.59% 18.94% 11.82% -1.46% 0.98% 34.21% 52.0%
Cash & Equivalents $206.0M $204.0M $152.0M $100.0M
Short-Term Investments
Other Short-Term Assets $571.7M $359.0M $277.2M $239.0M $120.0M $87.00M $48.00M $18.00M $15.00M $9.000M $9.000M
YoY Change 59.26% 29.49% 16.0% 99.17% 37.93% 81.25% 166.67% 20.0% 66.67% 0.0%
Inventory $459.7M $783.9M $506.8M $283.0M $261.0M $79.00M $94.00M $67.00M $71.00M $24.00M $0.00
Prepaid Expenses
Receivables $172.0M $205.3M $136.3M $93.00M $77.00M $62.00M $58.00M $55.00M $60.00M $35.00M $12.00M
Other Receivables $0.00 $8.924M $9.701M $2.000M $7.000M $7.000M $13.00M $22.00M $9.000M $17.00M $7.000M
Total Short-Term Assets $1.882B $2.098B $1.548B $1.138B $734.0M $461.0M $417.0M $369.0M $360.0M $237.0M $128.0M
YoY Change -10.27% 35.53% 36.0% 55.04% 59.22% 10.55% 13.01% 2.5% 51.9% 85.16%
Property, Plant & Equipment $13.18B $11.16B $9.609B $8.346B $4.584B $3.875B $3.223B $2.678B $2.037B $1.506B $1.088B
YoY Change 18.08% 16.14% 15.14% 82.07% 18.3% 20.23% 20.35% 31.47% 35.26% 38.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $132.6M $186.2M $63.83M $65.00M
YoY Change -28.8% 191.73% -1.81%
Other Assets $2.268B $1.212B $756.6M $384.0M $270.0M $234.0M $169.0M $420.0M $228.0M $125.0M $109.0M
YoY Change 87.06% 60.23% 97.04% 42.22% 15.38% 38.46% -59.76% 84.21% 82.4% 14.68%
Total Long-Term Assets $18.57B $17.17B $14.94B $13.25B $5.072B $4.289B $3.546B $3.204B $2.375B $1.696B $1.197B
YoY Change 8.13% 14.97% 12.76% 161.14% 18.26% 20.95% 10.67% 34.91% 40.04% 41.69%
Total Assets $20.45B $19.27B $16.48B $14.38B $5.806B $4.750B $3.963B $3.573B $2.735B $1.933B $1.325B
YoY Change
Accounts Payable $230.7M $339.2M $288.1M $207.0M $223.0M $131.0M $115.0M $66.00M $104.0M $51.00M $18.00M
YoY Change -31.97% 17.72% 39.18% -7.17% 70.23% 13.91% 74.24% -36.54% 103.92% 183.33%
Accrued Expenses $499.2M $406.5M $364.1M $326.0M $148.0M $99.00M $97.00M $59.00M $49.00M $25.00M $13.00M
YoY Change 22.82% 11.62% 11.7% 120.27% 49.49% 2.06% 64.41% 20.41% 96.0% 92.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $569.9M $169.3M $201.1M $206.0M $45.00M $45.00M $29.00M $30.00M $17.00M $9.000M $38.00M
YoY Change 236.73% -15.83% -2.38% 357.78% 0.0% 55.17% -3.33% 76.47% 88.89% -76.32%
Total Short-Term Liabilities $1.488B $1.155B $1.012B $901.0M $530.0M $372.0M $311.0M $245.0M $252.0M $151.0M $124.0M
YoY Change 28.79% 14.16% 12.33% 70.0% 42.47% 19.61% 26.94% -2.78% 66.89% 21.77%
Long-Term Debt $10.19B $8.259B $6.324B $4.614B $2.232B $1.723B $1.279B $1.035B $698.0M $423.0M $207.0M
YoY Change 23.42% 30.59% 37.06% 106.72% 29.54% 34.71% 23.57% 48.28% 65.01% 104.35%
Other Long-Term Liabilities $1.732B $1.543B $1.473B $1.496B $1.340B $1.151B $925.0M $816.0M $787.0M $697.0M $558.0M
YoY Change 12.3% 4.74% -1.55% 11.64% 16.42% 24.43% 13.36% 3.68% 12.91% 24.91%
Total Long-Term Liabilities $11.93B $9.801B $7.797B $6.110B $3.572B $2.874B $2.204B $1.851B $1.485B $1.120B $765.0M
YoY Change 21.67% 25.71% 27.61% 71.05% 24.29% 30.4% 19.07% 24.65% 32.59% 46.41%
Total Liabilities $15.22B $12.56B $10.23B $8.305B $4.842B $3.801B $3.082B $2.900B $2.181B $1.608B $1.160B
YoY Change 21.17% 22.8% 23.16% 71.52% 27.39% 23.33% 6.28% 32.97% 35.63% 38.62%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $2.4027 Billion

About Sunrun Inc.

Sunrun, Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems. The company is headquartered in San Francisco, California and currently employs 10,833 full-time employees. The company went IPO on 2015-08-05. The firm is engaged in the design, development, installation, sale, ownership and maintenance of residential solar energy systems (Projects) in the United States. Its primary customers are residential homeowners. The firm also offers battery storage along with solar energy systems to its customers in select markets and sells its services to certain commercial developers through its multifamily and new homes offerings. The firm installs solar energy systems on its customers’ homes and provides them with the solar power produced by those systems for a 20- or 25-year initial term. In addition, it monitors, maintains, and ensures the system during the term of the contract. The firm also provides electric vehicle (EV) chargers, battery retrofits, re-powered or expanding systems, home energy management services, and other home electrification products.

Industry: Miscellaneous Electrical Machinery, Equipment & Supplies Peers: ACUITY BRANDS INC AMETEK INC/ ChargePoint Holdings, Inc. GENERAC HOLDINGS INC. HUBBELL INC ROCKWELL AUTOMATION, INC PLUG POWER INC Sensata Technologies Holding plc SUNPOWER CORP