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Sunrun Inc
Previous close
$10.75
Day range
$9.93 - $10.98
Year range
$9.01 - $22.23
Market cap
2.25B USD
Avg Volume
7.84M
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 537.17M | -4.62% |
Operating expense | 231.26M | -1.44% |
Net income | -83.77M | 92.17% |
Net profit margin | -15.59 | 91.79% |
Earnings per share | -0.37 | -192.50% |
EBITDA | 27.75M | 154.71% |
Effective tax rate | 3.24% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 556.96M | -21.41% |
Total assets | 22.10B | 10.37% |
Total liabilities | 15.07B | 16.35% |
Total equity | 7.03B | — |
Shares outstanding | 224.34M | — |
Price to book | 0.46 | — |
Return on assets | -1.47% | — |
Return on capital | -1.64% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | -83.77M | 92.17% |
Cash from operations | -156.16M | -146.93% |
Cash from investing | -764.36M | -3.09% |
Cash from financing | 888.89M | 6.38% |
Net change in cash | -31.63M | -202.48% |
Free cash flow | -875.79M | -40.15% |
About
Sunrun Inc. is an American provider of photovoltaic systems and battery energy storage products, primarily for residential customers. The company was established in 2007 and is headquartered in San Francisco, California.
Since its inception, the company has focused primarily on a power purchase agreement business model where Sunrun installs and maintains a solar system on a customer's home, then sells power to the customer at an agreed upon rate for a 20- or 25-year term. This business model allows property owners to install solar at no upfront cost, but without the benefits or some risks that come with being the owner of the system. The company has a sizable network of partners, including Costco and Lowe's, who allow Sunrun to market to customers inside their stores.
In 2023, the company installed solar systems capable of generating 990 megawatts of power, and in the history of the company, had installed a total of 5.7 gigawatts of power for nearly 800,000 customers. Wikipedia
CEO
Founded
Jan 2007
Headquarters
Website
Employees
10,833