Sunrun Inc (RUN)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 19,897,900 | 20,450,200 | 19,268,800 | 16,483,300 | 14,382,900 |
| Operating ROA | -18.57% | -9.68% | -2.08% | -4.04% | -3.23% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-3,695,210K ÷ $19,897,900K
= -18.57%
Sunrun Inc's operating return on assets (operating ROA) has experienced fluctuations over the past five years. The ratio shows the company's ability to generate operating profits from its assets.
- As of December 31, 2020, Sunrun Inc's operating ROA was at -3.23%, indicating that the company generated a negative return on its assets for that period.
- By December 31, 2021, the operating ROA worsened to -4.04%, reflecting a decline in the company's ability to generate operating profits from its assets.
- However, by December 31, 2022, Sunrun Inc managed to improve its operating ROA to -2.08%, though it still remained in negative territory.
- The operating ROA deteriorated significantly by December 31, 2023, reaching -9.68%, indicating a further decline in the company's ability to generate operating profits from its assets.
- The trend continued with a substantial decrease in operating ROA to -18.57% by December 31, 2024, suggesting a significant drop in the company's operating profitability relative to its assets.
Overall, Sunrun Inc's operating ROA trend indicates a concerning pattern of decreasing profitability in relation to its asset base over the five-year period. The company may need to evaluate its operational efficiency and asset utilization strategies to improve its financial performance in the future.
Peer comparison
Dec 31, 2024