Sunrun Inc (RUN)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -1,978,646 | -1,970,305 | -759,070 | -708,436 | -662,192 | -680,970 | -682,650 | -669,112 | -666,187 | -714,651 | -638,916 | -580,616 | -465,108 | -257,103 | -255,257 | -234,586 | -215,740 | -173,967 | -137,170 | -109,341 |
| Total assets | US$ in thousands | 20,450,200 | 20,027,100 | 20,490,600 | 19,728,300 | 19,268,800 | 18,568,100 | 17,800,600 | 17,255,100 | 16,483,300 | 16,089,700 | 15,428,800 | 14,886,000 | 14,382,900 | 6,306,830 | 6,005,040 | 5,938,510 | 5,806,340 | 5,472,020 | 5,207,380 | 4,939,680 |
| Operating ROA | -9.68% | -9.84% | -3.70% | -3.59% | -3.44% | -3.67% | -3.83% | -3.88% | -4.04% | -4.44% | -4.14% | -3.90% | -3.23% | -4.08% | -4.25% | -3.95% | -3.72% | -3.18% | -2.63% | -2.21% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-1,978,646K ÷ $20,450,200K
= -9.68%
Sunrun Inc's operating return on assets (operating ROA) has shown a downward trend over the past eight quarters, with the latest figure at -4.01% in Q4 2023. This indicates that the company is generating a negative return on its assets from its core operations. The gradual decrease in operating ROA suggests that Sunrun Inc's operational efficiency and profitability have been declining. It is important for the company to address the factors contributing to this decline to potentially improve its performance and financial health in the future.
Peer comparison
Dec 31, 2023