Sunrun Inc (RUN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -2,846,170 | -1,604,500 | -849,645 | -980,530 | -626,948 |
| Revenue | US$ in thousands | 2,037,720 | 2,259,810 | 2,321,420 | 1,609,950 | 922,191 |
| Net profit margin | -139.67% | -71.00% | -36.60% | -60.90% | -67.98% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-2,846,170K ÷ $2,037,720K
= -139.67%
The net profit margin of Sunrun Inc has shown considerable variability over the years. In December 31, 2020, the net profit margin was at a significant low of -67.98%, indicating that for every dollar of revenue generated, the company incurred a loss of approximately 68 cents. However, there was a slight improvement by December 31, 2021, with the net profit margin at -60.90%, although still in negative territory.
By December 31, 2022, there was a further improvement in the net profit margin, decreasing to -36.60%. This indicates that the company managed to reduce its losses relative to its revenue. However, in December 31, 2023, there was a notable setback as the net profit margin worsened, reaching -71.00%.
Finally, by December 31, 2024, the net profit margin worsened significantly to -139.67%, indicating a substantial increase in losses compared to revenue. Overall, Sunrun Inc's net profit margin has been volatile, showing both improvements and setbacks over the years, suggesting the need for careful monitoring and potential strategic adjustments to enhance profitability.
Peer comparison
Dec 31, 2024