Sunrun Inc (RUN)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -1,978,640 | -662,192 | -666,187 | -465,108 | -215,740 |
| Revenue | US$ in thousands | 2,261,190 | 2,315,520 | 1,603,790 | 813,304 | 858,578 |
| Operating profit margin | -87.50% | -28.60% | -41.54% | -57.19% | -25.13% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $-1,978,640K ÷ $2,261,190K
= -87.50%
The operating profit margin of Sunrun Inc has fluctuated over the past five years. It started at -25.13% in 2019, improved to -28.53% in 2022, but then deteriorated to -41.38% in 2021. A significant decline was observed in 2020, where the operating profit margin dropped to -50.44%. The most recent data as of Dec 31, 2023, shows a further decrease to -36.31%. These figures indicate that Sunrun Inc has been facing challenges in generating profits from its core operations, potentially due to factors such as cost management, pricing strategies, or industry competition. Further analysis and strategic actions may be necessary to improve the company's operating profit margin in the future.
Peer comparison
Dec 31, 2023