Sunrun Inc (RUN)
Operating profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -3,697,308 | -638,579 | -1,858,281 | -1,934,074 | -1,978,646 | -1,970,305 | -661,117 | -558,610 | -398,408 | -417,186 | -516,819 | -555,154 | -666,187 | -714,651 | -638,916 | -580,616 | -465,108 | -257,103 | -255,257 | -234,586 |
| 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 |
| Operating profit margin | -181.44% | -31.37% | -90.13% | -90.88% | -87.56% | -83.76% | -27.31% | -23.13% | -17.16% | -19.43% | -26.44% | -31.35% | -41.38% | -47.80% | -50.46% | -55.49% | -50.44% | -30.40% | -29.98% | -26.82% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-3,697,308K ÷ $2,037,719K
= -181.44%
Sunrun Inc's operating profit margin has fluctuated over the years, starting from negative levels and hovering around -26% to -50% between March 2020 and June 2021. There was a significant drop in the operating profit margin to -83.76% by September 2023 and a further decline to -181.44% by December 2024, reflecting deteriorating profitability. The company's operating profit margin saw some improvement by March 2025 compared to the previous quarter. Overall, the trend indicates a challenge in effectively managing operating expenses relative to revenue generation during the period under review.
Peer comparison
Dec 31, 2024