Sunrun Inc (RUN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | -7.01% | -2.33% | 48.11% | 48.76% | 49.00% | 45.51% | 40.88% | 36.43% | 26.40% | 10.60% | 2.53% | -11.33% | 5.24% | 54.20% | 54.82% | 57.35% | 58.96% | 58.77% | 61.83% | 55.54% |
| Operating profit margin | -87.53% | -83.93% | -31.42% | -29.39% | -28.58% | -31.81% | -35.15% | -38.05% | -44.68% | -56.11% | -60.81% | -69.88% | -57.18% | -30.40% | -29.98% | -26.82% | -25.13% | -20.35% | -16.25% | -13.50% |
| Pretax margin | -71.54% | -51.12% | 2.07% | -1.38% | 7.58% | 4.68% | -3.93% | -7.01% | -4.70% | -20.37% | -26.97% | -28.95% | -28.77% | -3.56% | -0.72% | 0.46% | 2.11% | 1.24% | -3.85% | -2.16% |
| Net profit margin | -70.97% | -50.75% | 3.67% | 0.86% | 7.48% | 3.36% | -5.90% | -8.16% | -5.33% | -16.51% | -18.74% | -20.37% | -21.32% | 1.00% | -0.00% | 1.40% | 3.07% | 0.93% | -2.84% | -1.88% |
Sunrun Inc's profitability ratios have shown some fluctuation over the past eight quarters. The gross profit margin has declined steadily from 14.02% in Q1 2022 to 7.22% in Q4 2023, indicating decreasing profitability on sales after accounting for the cost of goods sold.
The operating profit margin and pretax margin both have been consistently negative, with the operating profit margin ranging from -28.53% to -36.31% and the pretax margin ranging from -36.50% to -119.28%. These margins suggest that the company is experiencing operating losses and significant expenses prior to tax considerations.
The net profit margin has also been volatile, with negative margins in most quarters. However, it did show some improvement in Q3 and Q4 2022, turning slightly positive in Q3 2022 before declining again in subsequent quarters. Overall, the company has struggled to maintain consistent profitability at the bottom line after accounting for all expenses and taxes.
In conclusion, Sunrun Inc's profitability ratios indicate a challenging financial performance, with declining gross profit margins, persistent operating losses, and inconsistent net profit margins. The company may need to focus on cost management and operational efficiency to improve its profitability in the future.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | -7.85% | -5.95% | 0.43% | 0.11% | 0.90% | 0.39% | -0.64% | -0.83% | -0.48% | -1.31% | -1.28% | -1.14% | -1.21% | 0.13% | -0.00% | 0.21% | 0.45% | 0.15% | -0.46% | -0.31% |
| Return on total capital | -12.44% | -12.43% | -4.69% | -4.60% | -4.38% | -4.66% | -4.89% | -4.99% | -5.22% | -5.78% | -5.43% | -5.08% | -4.28% | -7.57% | -7.96% | -7.24% | -6.78% | -5.91% | -5.27% | -4.02% |
| Return on equity (ROE) | -30.68% | -21.23% | 1.34% | 0.32% | 2.58% | 1.09% | -1.81% | -2.29% | -1.27% | -3.38% | -3.20% | -2.74% | -2.85% | 0.82% | -0.00% | 1.40% | 2.73% | 0.86% | -2.61% | -1.65% |
Sunrun Inc's profitability ratios paint a mixed picture of the company's financial performance over the past eight quarters.
Operating return on assets (Operating ROA) has shown a consistent negative trend, ranging from -4.01% to -3.59% in the most recent quarter. This indicates that the company is not generating a positive operating return relative to its assets.
Return on assets (ROA) also displays inconsistency, with negative figures in some quarters and marginal positive figures in others. This suggests that Sunrun's ability to generate profit from its total assets fluctuates over time.
Return on total capital has been consistently negative, ranging from -5.04% to -4.50% in the latest quarter. This indicates that the company is not effectively utilizing its total capital to generate returns for its stakeholders.
Return on equity (ROE) portrays the most concerning trend, with negative figures in each quarter except for a few quarters with minimal positive returns. The recent figure of -30.68% indicates a significant deficit in profit generation relative to shareholders' equity.
Overall, Sunrun Inc's profitability ratios highlight challenges in efficiently utilizing assets and capital to generate returns, as well as a substantial shortfall in generating returns for shareholders.