Sunrun Historical Income Statement
| RUN Stock | USD 9.99 0.13 1.28% |
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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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sunrun Inc. It is also known as Sunrun overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Sunrun Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Sunrun Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on Sunrun Inc income statement and represents the costs associated with goods and services Sunrun provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.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 16th 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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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 against Sunrun Stock
| 0.94 | AZ | A2Z Smart Technologies | PairCorr |
| 0.93 | VMI | Valmont Industries | PairCorr |
| 0.91 | CW | Curtiss Wright | PairCorr |
| 0.9 | GBX | Greenbrier Companies | PairCorr |
| 0.85 | R | Ryder System | 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.