Sunrun Inc (RUN)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,037,719 | 2,035,817 | 2,061,825 | 2,128,152 | 2,259,813 | 2,352,375 | 2,421,100 | 2,415,487 | 2,321,422 | 2,147,499 | 1,954,358 | 1,770,944 | 1,609,954 | 1,495,131 | 1,266,126 | 1,046,254 | 922,191 | 845,722 | 851,504 | 874,805 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 12,755,700 | 11,936,600 | 11,368,800 | 10,988,400 | 10,573,600 | 10,178,800 | 9,772,060 | 9,459,700 | 9,126,450 | 8,913,670 | 8,518,610 | 8,264,970 | 5,052,670 | 4,852,780 | 4,729,420 |
| Fixed asset turnover | — | — | — | — | — | 0.18 | 0.20 | 0.21 | 0.21 | 0.20 | 0.19 | 0.18 | 0.17 | 0.16 | 0.14 | 0.12 | 0.11 | 0.17 | 0.18 | 0.18 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,037,719K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's ability to generate sales from its investment in fixed assets such as property, plant, and equipment. Sunrun Inc's fixed asset turnover has shown fluctuations over the years. From March 31, 2020, to June 30, 2023, the ratio remained relatively stable around the range of 0.11 to 0.21, indicating that Sunrun was generating revenue efficiently from its fixed assets during this period.
However, the ratio started declining after June 30, 2023, dropping to 0.18 by September 30, 2023. This could be a signal that the company's utilization of fixed assets to generate sales may have weakened or that there have been changes in the business operations impacting the efficiency of fixed asset utilization.
As of December 31, 2023, the fixed asset turnover ratio data is not available, suggesting potential data gaps or changes in reporting practices. Future monitoring of this ratio will be important to understand the trend and efficiency of Sunrun's fixed asset utilization in generating sales.
It is essential for stakeholders to closely monitor the fixed asset turnover ratio to assess Sunrun's operational efficiency and effectiveness in utilizing its fixed assets to generate revenue.
Peer comparison
Dec 31, 2024