Sunrun Inc (RUN)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | -2,846,170 | -1,604,500 | -849,645 | -980,530 | -626,948 |
Total assets | US$ in thousands | 19,897,900 | 20,450,200 | 19,268,800 | 16,483,300 | 14,382,900 |
ROA | -14.30% | -7.85% | -4.41% | -5.95% | -4.36% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-2,846,170K ÷ $19,897,900K
= -14.30%
Sunrun Inc's return on assets (ROA) has shown a declining trend over the past five years, decreasing from -4.36% as of December 31, 2020, to -14.30% as of December 31, 2024. The negative values indicate that the company is generating a lower return on its assets compared to the total assets employed in its operations. This may suggest inefficiencies or challenges in effectively utilizing the company's assets to generate profits. The significant drop in ROA over the period indicates potential issues that may require further analysis and remedial actions to improve asset utilization and overall financial performance.
Peer comparison
Dec 31, 2024