Sunrun Inc (RUN)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -3,695,210 | -1,978,640 | -401,535 | -666,187 | -465,108 |
| Revenue | US$ in thousands | 2,037,720 | 2,259,810 | 2,321,420 | 1,609,950 | 922,191 |
| Operating profit margin | -181.34% | -87.56% | -17.30% | -41.38% | -50.44% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-3,695,210K ÷ $2,037,720K
= -181.34%
The operating profit margin of Sunrun Inc has shown significant fluctuations over the past five years. In December 2020, the company reported a negative operating profit margin of -50.44%, indicating that its operating expenses exceeded its gross profit, leading to an operating loss.
By December 2021, there was a slight improvement as the operating profit margin improved to -41.38%, although it still remained negative. This suggests that Sunrun Inc was able to control its operating expenses to some extent compared to the previous year.
In December 2022, there was a notable improvement in the operating profit margin, which stood at -17.30%. This could indicate better cost management or an increase in revenue generating activities during that period.
However, by December 2023, the operating profit margin took a sharp downturn to -87.56%, indicating a significant decline in profitability. This could be attributed to various factors such as increased competition, higher operating expenses, or a decrease in revenue.
The most concerning trend was seen in December 2024, where the operating profit margin plummeted to -181.34%, which suggests a substantial operating loss for the company. This could raise questions about the company's financial health and its ability to sustain its operations in the long run.
In conclusion, Sunrun Inc has experienced fluctuations in its operating profit margin over the years, with some periods showing slight improvements but overall indicating challenges in managing its operating expenses relative to its revenue generation.
Peer comparison
Dec 31, 2024