Sunrun Historical Income Statement
RUN Stock | USD 11.53 0.02 0.17% |
Historical analysis of Sunrun income statement accounts such as Total Revenue of 2.4 B, Gross Profit of 152 M, Other Operating Expenses of 4.5 B or Research Development of 18.1 M can show how well Sunrun Inc performed in making a profits. Evaluating Sunrun income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sunrun's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Sunrun Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sunrun Inc is a good buy for the upcoming year.
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About Sunrun Income Statement Analysis
Sunrun Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Sunrun shareholders. The income statement also shows Sunrun investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Sunrun Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Sunrun Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Sunrun Inc minus its cost of goods sold. It is profit before Sunrun operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Sunrun's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sunrun Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sunrun Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, Sunrun's Total Operating Expenses is very stable compared to the past year. As of the 1st of December 2024, Net Income Applicable To Common Shares is likely to grow to about 209.4 M, while Selling General Administrative is likely to drop about 156.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 327.7M | 445.8M | 653.0M | 685.6M | Depreciation And Amortization | 396.4M | 459.3M | 531.7M | 558.3M |
Sunrun income statement Correlations
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Sunrun Account Relationship Matchups
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High Negative Relationship
Sunrun income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 199.0M | 257.3M | 396.4M | 459.3M | 531.7M | 558.3M | |
Interest Expense | 174.2M | 230.6M | 327.7M | 445.8M | 653.0M | 685.6M | |
Selling General Administrative | 125.0M | 266.7M | 259.2M | 189.2M | 221.1M | 156.3M | |
Selling And Marketing Expenses | 275.1M | 352.3M | 623.0M | 745.4M | 740.8M | 777.9M | |
Total Revenue | 858.6M | 922.2M | 1.6B | 2.3B | 2.3B | 2.4B | |
Gross Profit | 212.7M | 178.7M | 244.5M | 298.7M | 163.1M | 152.0M | |
Other Operating Expenses | 1.1B | 1.4B | 2.3B | 3.0B | 4.2B | 4.5B | |
Operating Income | (215.7M) | (465.1M) | (666.2M) | (401.5M) | (2.0B) | (1.9B) | |
Ebit | (236.8M) | (471.3M) | (665.1M) | (399.1M) | (2.0B) | (1.9B) | |
Research Development | 23.6M | 19.5M | 23.2M | 20.9M | 21.8M | 18.1M | |
Ebitda | (37.8M) | (214.0M) | (268.7M) | 60.2M | (1.5B) | (1.4B) | |
Cost Of Revenue | 645.8M | 743.5M | 1.4B | 2.0B | 2.1B | 2.2B | |
Total Operating Expenses | 428.5M | 643.8M | 910.7M | 960.9M | 2.1B | 2.2B | |
Income Before Tax | (399.2M) | (687.5M) | (971.3M) | (847.4M) | (2.7B) | (2.6B) | |
Total Other Income Expense Net | (183.5M) | (222.4M) | (305.1M) | (185.2M) | (716.9M) | (681.0M) | |
Net Income | (391.0M) | (626.9M) | (980.5M) | (849.6M) | (1.6B) | (1.5B) | |
Income Tax Expense | (8.2M) | (60.6M) | 9.3M | 2.3M | (12.7M) | (12.1M) | |
Net Income From Continuing Ops | (391.0M) | (626.9M) | (980.5M) | (849.6M) | (2.7B) | (2.5B) | |
Net Income Applicable To Common Shares | 26.3M | (173.4M) | (79.4M) | 173.4M | 199.4M | 209.4M | |
Minority Interest | 673.3M | 1.2B | 901.1M | 1.0B | 1.1B | 737.0M | |
Tax Provision | (8.2M) | (60.6M) | 9.3M | 2.3M | (12.7M) | (12.1M) | |
Net Interest Income | (174.2M) | (230.6M) | (327.7M) | (445.8M) | (653.0M) | (620.3M) | |
Reconciled Depreciation | 187.2M | 242.9M | 388.1M | 451.0M | 531.7M | 328.9M |
Pair Trading with Sunrun
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sunrun position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sunrun will appreciate offsetting losses from the drop in the long position's value.Moving together with Sunrun Stock
Moving against Sunrun Stock
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0.88 | WAB | Westinghouse Air Brake | PairCorr |
0.87 | TRN | Trinity Industries | PairCorr |
0.72 | BBU | Brookfield Business | PairCorr |
The ability to find closely correlated positions to Sunrun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sunrun when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sunrun - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sunrun Inc to buy it.
The correlation of Sunrun is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sunrun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sunrun Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sunrun can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sunrun Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sunrun. If investors know Sunrun will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sunrun listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.173 | Earnings Share (1.75) | Revenue Per Share 9.204 | Quarterly Revenue Growth (0.05) | Return On Assets (0.02) |
The market value of Sunrun Inc is measured differently than its book value, which is the value of Sunrun that is recorded on the company's balance sheet. Investors also form their own opinion of Sunrun's value that differs from its market value or its book value, called intrinsic value, which is Sunrun's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sunrun's market value can be influenced by many factors that don't directly affect Sunrun's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sunrun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunrun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunrun's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.