RUN: Sunrun Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Sunrun Inc (RUN).
$2.08B Market Cap.
RUN Market Cap. (MRY)
RUN Shares Outstanding (MRY)
RUN Assets (MRY)
Total Assets
$19.90B
Total Liabilities
$15.73B
Total Investments
$0
RUN Income (MRY)
Revenue
$2.04B
Net Income
-$2.85B
Operating Expense
$4.02B
RUN Cash Flow (MRY)
CF Operations
-$766.15M
CF Investing
-$2.70B
CF Financing
$3.43B
RUN Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $19,897,884,000 (-2.70%) | $20,450,237,000 (6.13%) | $19,268,805,000 (16.90%) | $16,483,252,000 (14.60%) |
Assets Current | $1,722,636,000 (-8.48%) | $1,882,259,000 (-10.27%) | $2,097,643,000 (35.53%) | $1,547,719,000 (36.04%) |
Assets Non-Current | $18,175,248,000 (-2.12%) | $18,567,978,000 (8.13%) | $17,171,162,000 (14.97%) | $14,935,533,000 (12.76%) |
Goodwill & Intangible Assets | $0 (0%) | $3,122,168,000 (-27.06%) | $4,280,169,000 (-0.30%) | $4,293,060,000 (-0.12%) |
Shareholders Equity | $2,554,207,000 (-51.16%) | $5,230,228,000 (-22.03%) | $6,708,122,000 (7.25%) | $6,254,736,000 (2.91%) |
Property Plant & Equipment Net | $15,153,354,000 (14.99%) | $13,178,010,000 (19.20%) | $11,055,800,000 (16.17%) | $9,516,582,000 (15.14%) |
Cash & Equivalents | $947,416,000 (-4.09%) | $987,838,000 (3.65%) | $953,023,000 (12.06%) | $850,431,000 (20.08%) |
Accumulated Other Comprehensive Income | $86,814,000 (58.78%) | $54,676,000 (-18.53%) | $67,109,000 (191.87%) | -$73,050,000 (31.57%) |
Deferred Revenue | $1,542,782,000 (10.20%) | $1,399,984,000 (7.25%) | $1,305,319,000 (19.92%) | $1,088,528,000 (6.64%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $402,083,000 (-12.54%) | $459,746,000 (-41.35%) | $783,904,000 (54.67%) | $506,819,000 (79.06%) |
Trade & Non-Trade Receivables | $170,706,000 (-0.75%) | $172,001,000 (-19.72%) | $214,255,000 (46.71%) | $146,037,000 (53.50%) |
Trade & Non-Trade Payables | $395,678,000 (48.81%) | $265,903,000 (-28.37%) | $371,216,000 (16.12%) | $319,690,000 (35.42%) |
Accumulated Retained Earnings (Deficit) | -$4,279,866,000 (-198.52%) | -$1,433,699,000 (-939.41%) | $170,798,000 (6722.64%) | -$2,579,000 (-103.36%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $137,940,000 (12.26%) | $122,870,000 (-7.65%) | $133,047,000 (30.75%) | $101,753,000 (24.23%) |
Total Debt | $12,993,676,000 (17.51%) | $11,057,376,000 (26.61%) | $8,733,450,000 (27.56%) | $6,846,502,000 (32.67%) |
Debt Current | $257,710,000 (-56.04%) | $586,232,000 (215.52%) | $185,798,000 (-10.78%) | $208,253,000 (-6.60%) |
Debt Non-Current | $12,735,966,000 (21.63%) | $10,471,144,000 (22.50%) | $8,547,652,000 (28.76%) | $6,638,249,000 (34.44%) |
Total Liabilities | $15,733,674,000 (16.23%) | $13,536,224,000 (22.06%) | $11,089,788,000 (24.46%) | $8,910,665,000 (25.62%) |
Liabilities Current | $1,334,482,000 (-10.33%) | $1,488,159,000 (28.79%) | $1,155,451,000 (14.16%) | $1,012,120,000 (12.29%) |
Liabilities Non-Current | $14,399,192,000 (19.51%) | $12,048,065,000 (21.28%) | $9,934,337,000 (25.77%) | $7,898,545,000 (27.56%) |
RUN Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $2,037,719,000 (-9.83%) | $2,259,813,000 (-2.65%) | $2,321,422,000 (44.19%) | $1,609,954,000 (74.58%) |
Cost of Revenue | $1,709,165,000 (-18.49%) | $2,096,752,000 (3.66%) | $2,022,710,000 (48.13%) | $1,365,472,000 (83.65%) |
Selling General & Administrative Expense | $862,289,000 (-10.35%) | $961,888,000 (2.33%) | $939,997,000 (5.91%) | $887,504,000 (43.37%) |
Research & Development Expense | $39,304,000 (80.16%) | $21,816,000 (4.35%) | $20,907,000 (-9.75%) | $23,165,000 (18.50%) |
Operating Expenses | $4,023,761,000 (87.88%) | $2,141,704,000 (122.88%) | $960,904,000 (5.52%) | $910,669,000 (41.46%) |
Interest Expense | $848,366,000 (29.92%) | $652,989,000 (46.47%) | $445,819,000 (36.04%) | $327,700,000 (42.11%) |
Income Tax Expense | -$26,817,000 (-111.31%) | -$12,691,000 (-653.95%) | $2,291,000 (-75.29%) | $9,271,000 (115.31%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$4,355,217,000 (-62.34%) | -$2,682,841,000 (-215.76%) | -$849,645,000 (13.35%) | -$980,530,000 (-56.40%) |
Net Income to Non-Controlling Interests | -$1,509,050,000 (-39.94%) | -$1,078,344,000 (-5.41%) | -$1,023,022,000 (-13.53%) | -$901,107,000 (-98.68%) |
Net Income | -$2,846,167,000 (-77.39%) | -$1,604,497,000 (-1025.44%) | $173,377,000 (318.30%) | -$79,423,000 (54.20%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$2,846,167,000 (-77.39%) | -$1,604,497,000 (-1025.44%) | $173,377,000 (318.30%) | -$79,423,000 (54.20%) |
Weighted Average Shares | $222,215,000 (2.57%) | $216,642,000 (2.51%) | $211,347,000 (3.03%) | $205,132,000 (46.94%) |
Weighted Average Shares Diluted | $222,215,000 (2.57%) | $216,642,000 (-1.15%) | $219,157,000 (6.84%) | $205,132,000 (46.94%) |
Earning Before Interest & Taxes (EBIT) | -$2,024,618,000 (-109.98%) | -$964,199,000 (-255.14%) | $621,487,000 (141.31%) | $257,548,000 (7751.46%) |
Gross Profit | $328,554,000 (101.49%) | $163,061,000 (-45.41%) | $298,712,000 (22.18%) | $244,482,000 (36.84%) |
Operating Income | -$3,695,207,000 (-86.75%) | -$1,978,643,000 (-198.80%) | -$662,192,000 (0.60%) | -$666,187,000 (-43.23%) |
RUN Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$2,701,024,000 (-3.36%) | -$2,613,143,000 (-25.27%) | -$2,086,066,000 (-23.72%) | -$1,686,185,000 (-238.73%) |
Net Cash Flow from Financing | $3,426,755,000 (-1.21%) | $3,468,698,000 (14.20%) | $3,037,451,000 (14.81%) | $2,645,594,000 (127.92%) |
Net Cash Flow from Operations | -$766,153,000 (6.65%) | -$820,740,000 (3.31%) | -$848,793,000 (-3.87%) | -$817,186,000 (-157.00%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$40,422,000 (-216.11%) | $34,815,000 (-66.06%) | $102,592,000 (-27.87%) | $142,223,000 (-58.77%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | -$5,000,000 (93.33%) | -$75,000,000 (0%) | $0 (0%) |
Capital Expenditure | -$2,701,024,000 (-3.56%) | -$2,608,143,000 (-29.69%) | -$2,011,066,000 (-19.27%) | -$1,686,185,000 (-73.89%) |
Issuance (Repayment) of Debt Securities | $2,019,437,000 (-7.72%) | $2,188,385,000 (14.40%) | $1,912,993,000 (15.04%) | $1,662,935,000 (387.19%) |
Issuance (Purchase) of Equity Shares | $18,876,000 (-16.52%) | $22,611,000 (-31.20%) | $32,863,000 (-9.07%) | $36,141,000 (-70.77%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $112,825,000 (0.93%) | $111,781,000 (1.04%) | $110,633,000 (-47.57%) | $211,000,000 (23.69%) |
Depreciation Amortization & Accretion | $620,876,000 (16.78%) | $531,669,000 (17.87%) | $451,046,000 (16.22%) | $388,096,000 (59.75%) |
RUN Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 16.10% (123.61%) | 7.20% (-44.19%) | 12.90% (-15.13%) | 15.20% (-21.65%) |
Profit Margin | -139.70% (-96.76%) | -71.00% (-1046.67%) | 7.50% (253.06%) | -4.90% (73.94%) |
EBITDA Margin | -68.90% (-260.73%) | -19.10% (-141.34%) | 46.20% (15.21%) | 40.10% (54.23%) |
Return on Average Equity (ROAE) | -61.90% (-130.97%) | -26.80% (-1092.59%) | 2.70% (307.69%) | -1.30% (83.33%) |
Return on Average Assets (ROAA) | -13.50% (-68.75%) | -8.00% (-900.00%) | 1.00% (300.00%) | -0.50% (76.19%) |
Return on Sales (ROS) | -99.40% (-132.79%) | -42.70% (-259.33%) | 26.80% (67.50%) | 16.00% (4100.00%) |
Return on Invested Capital (ROIC) | -7.00% (-75.00%) | -4.00% (-229.03%) | 3.10% (93.75%) | 1.60% (0%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -0.72 (72.74%) | -2.65 (-109.04%) | 29.29 (133.31%) | -87.95 (-57.19%) |
Price to Sales Ratio (P/S) | 1.01 (-46.39%) | 1.88 (-13.95%) | 2.19 (-49.95%) | 4.37 (-58.39%) |
Price to Book Ratio (P/B) | 0.81 (-0.73%) | 0.82 (7.21%) | 0.76 (-32.78%) | 1.14 (-49.67%) |
Debt to Equity Ratio (D/E) | 6.16 (138.02%) | 2.59 (56.56%) | 1.65 (16.00%) | 1.43 (22.11%) |
Earnings Per Share (EPS) | -12.81 (-72.87%) | -7.41 (-1003.66%) | 0.82 (310.26%) | -0.39 (68.55%) |
Sales Per Share (SPS) | 9.17 (-12.09%) | 10.43 (-5.03%) | 10.98 (39.96%) | 7.85 (18.80%) |
Free Cash Flow Per Share (FCFPS) | -15.6 (1.42%) | -15.83 (-16.96%) | -13.53 (-10.88%) | -12.2 (-32.32%) |
Book Value Per Share (BVPS) | 11.49 (-52.39%) | 24.14 (-23.94%) | 31.74 (4.10%) | 30.49 (-29.96%) |
Tangible Assets Book Value Per Share (TABVPS) | 89.54 (11.95%) | 79.98 (12.78%) | 70.92 (19.34%) | 59.43 (-17.73%) |
Enterprise Value Over EBIT (EV/EBIT) | -7 (50.00%) | -14 (-170.00%) | 20 (-59.18%) | 49 (101.02%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -9.7 (69.89%) | -32.22 (-376.79%) | 11.64 (-40.56%) | 19.58 (-70.97%) |
Asset Turnover | 0.1 (-13.39%) | 0.11 (-11.81%) | 0.13 (24.51%) | 0.1 (-9.73%) |
Current Ratio | 1.29 (2.06%) | 1.26 (-30.30%) | 1.81 (18.71%) | 1.53 (21.16%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$3,467,177,000 (-1.12%) | -$3,428,883,000 (-19.90%) | -$2,859,859,000 (-14.24%) | -$2,503,371,000 (-94.41%) |
Enterprise Value (EV) | $13,618,890,210 (-2.27%) | $13,935,050,768 (11.62%) | $12,484,206,330 (-1.26%) | $12,643,412,310 (-21.76%) |
Earnings Before Tax (EBT) | -$2,872,984,000 (-77.65%) | -$1,617,188,000 (-1020.59%) | $175,668,000 (350.41%) | -$70,152,000 (70.02%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$1,403,742,000 (-224.54%) | -$432,530,000 (-140.33%) | $1,072,533,000 (66.12%) | $645,644,000 (169.49%) |
Invested Capital | $30,609,662,000 (18.14%) | $25,909,448,000 (19.88%) | $21,613,612,000 (25.85%) | $17,174,143,000 (25.95%) |
Working Capital | $388,154,000 (-1.51%) | $394,100,000 (-58.17%) | $942,192,000 (75.91%) | $535,599,000 (126.59%) |
Tangible Asset Value | $19,897,884,000 (14.83%) | $17,328,069,000 (15.61%) | $14,988,636,000 (22.96%) | $12,190,192,000 (20.88%) |
Market Capitalization | $2,075,139,210 (-51.48%) | $4,276,962,768 (-16.45%) | $5,118,751,330 (-27.91%) | $7,100,268,310 (-48.19%) |
Average Equity | $4,594,609,000 (-23.12%) | $5,976,637,000 (-7.83%) | $6,484,411,250 (4.59%) | $6,199,965,750 (179.53%) |
Average Assets | $21,069,977,250 (4.44%) | $20,174,079,250 (10.71%) | $18,223,146,750 (15.91%) | $15,721,929,500 (92.71%) |
Invested Capital Average | $28,889,174,750 (18.41%) | $24,397,630,750 (21.55%) | $20,072,165,750 (27.51%) | $15,741,154,750 (68.94%) |
Shares | 224,339,374 (2.97%) | 217,878,898 (2.24%) | 213,103,719 (2.95%) | 207,004,907 (4.80%) |
