Sunrun Inc (RUN)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -4,382,030 | -2,695,530 | -847,354 | -971,259 | -687,521 |
| Revenue | US$ in thousands | 2,037,720 | 2,259,810 | 2,321,420 | 1,609,950 | 922,191 |
| Pretax margin | -215.05% | -119.28% | -36.50% | -60.33% | -74.55% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-4,382,030K ÷ $2,037,720K
= -215.05%
Based on the pretax margin data provided for Sunrun Inc, there has been a significant fluctuation in the company's profitability over the years.
- In December 31, 2020, the pretax margin was -74.55%, indicating that for every dollar of revenue generated, the company incurred 74.55 cents in pretax losses.
- By December 31, 2021, the pretax margin improved slightly to -60.33%, implying a reduction in losses compared to the previous year.
- In December 31, 2022, Sunrun Inc further improved its pretax margin to -36.50%, showing a significant step towards profitability.
- However, by December 31, 2023, the pretax margin deteriorated significantly to -119.28%, indicating a substantial increase in losses compared to the previous year.
- The most recent data for December 31, 2024, reveals a drastic decline in pretax margin to -215.05%, reflecting a significant loss-making period for the company.
In conclusion, Sunrun Inc's pretax margin has shown volatility, with both improvements and declines over the years. It is crucial for the company to focus on cost management and revenue generation strategies to enhance its profitability and financial performance in the coming years.
Peer comparison
Dec 31, 2024