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Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes. Its primary customers are residential homeowners. The company markets and sells its products through direct-to-consumer approach across online, retail, mass media, digital media, canvassing, field marketing, and referral channels, as well as its partner network. Sunrun Inc. was founded in 2007 and is headquartered in San Francisco, California.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -847.35M | -971.26M | -687.52M | -399.24M | -250.86M |
| Minority interest | 1023.02M | 901.11M | 1211.46M | 673.27M | 460.38M |
| Net income | -849.64M | -980.53M | -626.95M | -391.02M | 26.66M |
| Selling general administrative | 189.25M | 259.17M | 266.75M | 125.02M | 116.66M |
| Selling and marketing expenses | 745.39M | 622.96M | 352.30M | 275.15M | 207.23M |
| Gross profit | 298.71M | 244.48M | 178.66M | 212.75M | 225.06M |
| Reconciled depreciation | 451.05M | 388.10M | 242.94M | 187.16M | 156.01M |
| Ebit | -401.54M | -666.19M | -465.11M | -215.74M | -119.09M |
| Ebitda | 49.51M | -255.46M | -213.98M | -37.83M | 36.91M |
| Depreciation and amortization | 451.05M | 410.72M | 251.13M | 177.91M | 156.01M |
| Non operating income net other | - | - | - | -9.25M | 2.79M |
| Operating income | -401.54M | -666.19M | -465.11M | -215.74M | -121.88M |
| Other operating expenses | 2983.61M | 2276.14M | 1387.30M | 1074.32M | 881.86M |
| Interest expense | 445.82M | 327.70M | 230.60M | 174.25M | 131.77M |
| Tax provision | 2.29M | 9.27M | -60.57M | -8.22M | 9.32M |
| Interest income | - | - | - | 174.25M | 131.77M |
| Net interest income | -445.82M | -327.70M | -230.60M | -174.25M | -131.77M |
| Income tax expense | 2.29M | 9.27M | -60.57M | -8.22M | 9.32M |
| Total revenue | 2321.42M | 1609.95M | 922.19M | 858.58M | 759.98M |
| Total operating expenses | 960.90M | 910.67M | 643.77M | 428.49M | 346.94M |
| Cost of revenue | 2022.71M | 1365.47M | 743.53M | 645.83M | 534.92M |
| Total other income expense net | -445.82M | -305.07M | -222.41M | -183.50M | 2.79M |
| Net income from continuing ops | -849.64M | -980.53M | -626.95M | -391.02M | -260.19M |
| Net income applicable to common shares | 173.38M | -79.42M | -173.39M | 26.34M | 26.66M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 20450.24M | 19268.81M | 16483.25M | 14382.94M | 5806.34M |
| Intangible assets | - | 7.53M | 12.89M | 18.26M | 19.54M |
| Other current assets | 262.82M | 146.61M | 277.23M | 239.58M | 119.49M |
| Total liab | 13536.22M | 11089.79M | 8910.67M | 7093.57M | 4168.34M |
| Total stockholder equity | 5230.23M | 6708.12M | 6254.74M | 6077.91M | 964.73M |
| Deferred long term liab | - | 133.05M | 631.03M | 81.91M | 234.52M |
| Other current liab | 504.83M | 438.52M | 395.72M | 354.24M | 164.56M |
| Common stock | 0.02M | 0.02M | 0.02M | 0.02M | 0.01M |
| Capital stock | 0.02M | 0.02M | 0.02M | 0.02M | 0.01M |
| Retained earnings | -1433.70M | 170.80M | -2.58M | 76.84M | 251.47M |
| Other liab | - | 1277.67M | 1260.30M | 1254.68M | 1013.43M |
| Good will | 3122.00M | 4280.17M | 4280.17M | 4280.17M | 95.09M |
| Other assets | 0.17M | 1536.71M | 1125.89M | 2515.11M | 373.19M |
| Cash | 678.82M | 740.51M | 617.63M | 519.97M | 269.58M |
| Total current liabilities | 1488.16M | 1155.45M | 1012.12M | 901.36M | 530.09M |
| Current deferred revenue | 136.80M | 191.97M | 120.04M | 116.70M | 85.74M |
| Net debt | 10408.13M | 7992.94M | 6228.87M | 4640.54M | 2347.33M |
| Short term debt | 615.80M | 185.80M | 208.25M | 222.97M | 56.44M |
| Short long term debt | 547.87M | 157.81M | 190.19M | 195.04M | 35.35M |
| Short long term debt total | 11086.95M | 8733.45M | 6846.50M | 5160.51M | 2616.90M |
| Other stockholder equity | 6609.23M | 6470.19M | 6330.34M | 6107.80M | 766.01M |
| Property plant equipment | - | 10988.36M | 9459.70M | 8264.97M | 4584.00M |
| Total current assets | 1882.26M | 2097.64M | 1547.72M | 1137.73M | 733.83M |
| Long term investments | 132.56M | 186.20M | 63.83M | 65.36M | 0.68M |
| Net tangible assets | - | 3030.13M | 2556.65M | 2339.94M | 850.09M |
| Short term investments | 55.00M | - | - | - | - |
| Net receivables | 172.00M | 214.25M | 146.04M | 95.14M | 84.19M |
| Long term debt | 10124.06M | 8241.34M | 211.07M | 4601.11M | 2219.59M |
| Inventory | 459.75M | 783.90M | 506.82M | 283.05M | 260.57M |
| Accounts payable | 230.72M | 339.17M | 288.11M | 207.44M | 223.36M |
| Noncontrolling interest in consolidated entity | - | 861.19M | 722.88M | 651.00M | 366.70M |
| Accumulated other comprehensive income | 54.68M | 67.11M | -73.05M | -106.75M | -52.75M |
| Common stock total equity | - | 0.02M | 0.02M | 0.02M | 0.01M |
| Retained earnings total equity | - | 170.80M | -2.58M | 76.84M | 251.47M |
| Non currrent assets other | 180.98M | 1641.47M | 1125.89M | 681.81M | 408.55M |
| Non current assets total | 18567.81M | 17171.16M | 14935.53M | 13245.21M | 5072.51M |
| Capital lease obligations | 415.02M | 365.61M | 368.39M | 385.82M | 371.75M |
| Long term debt total | - | 8241.34M | 211.07M | 4601.11M | 2560.46M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -2086.07M | -1686.18M | -497.79M | -843.25M | -811.32M |
| Change to liabilities | 267.75M | 145.13M | -4.20M | 109.44M | 24.13M |
| Total cashflows from investing activities | -2086.07M | -1686.18M | -497.79M | -843.25M | -811.32M |
| Net borrowings | 1912.99M | 1662.93M | 341.33M | 460.92M | 429.08M |
| Total cash from financing activities | 3037.45M | 2645.59M | 1160.74M | 1106.57M | 936.39M |
| Change to operating activities | -314.69M | -344.31M | -127.34M | -39.55M | -60.64M |
| Net income | -849.64M | -980.53M | -626.95M | -391.02M | -260.19M |
| Change in cash | 102.59M | 142.22M | 344.98M | 58.83M | 62.61M |
| Begin period cash flow | 850.43M | 708.21M | 363.23M | 304.40M | 241.79M |
| End period cash flow | 953.02M | 850.43M | 708.21M | 363.23M | 304.40M |
| Total cash from operating activities | -848.79M | -817.19M | -317.97M | -204.49M | -62.46M |
| Issuance of capital stock | 0.00M | 0.00M | 75.00M | - | - |
| Depreciation | 451.05M | 388.10M | 242.94M | 187.16M | 156.01M |
| Other cashflows from investing activities | - | - | - | -817.91M | -806.37M |
| Change to inventory | -277.08M | -223.77M | 47.55M | -181.10M | 14.96M |
| Change to account receivables | -86.76M | -62.12M | 4.99M | -14.86M | -5.71M |
| Sale purchase of stock | - | 0.00M | 0.00M | -5.00M | 266.75M |
| Other cashflows from financing activities | 5722.20M | 4289.73M | 1687.30M | 1996.56M | 1480.01M |
| Change to netincome | -1062.44M | -640.78M | -308.52M | 43.87M | 62.66M |
| Capital expenditures | 2011.07M | 1686.18M | 969.67M | 840.53M | 811.32M |
| Change receivables | - | - | - | -14.86M | -5.71M |
| Cash flows other operating | - | - | - | 42.03M | -54.33M |
| Cash and cash equivalents changes | - | - | - | 58.83M | 62.61M |
| Change in working capital | -410.78M | -485.08M | -79.00M | -29.74M | -15.14M |
| Stock based compensation | 110.63M | 211.00M | 170.59M | 26.31M | 27.86M |
| Other non cash items | -152.34M | 39.72M | 35.02M | 11.02M | 19.68M |
| Free cash flow | -2859.86M | -2503.37M | -1287.65M | -1045.02M | -873.78M |
Sector: Technology Industry: Solar
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| RUN Sunrun Inc |
0.09 0.91% |
9.96 | - | 70.92 | 1.13 | 0.49 | 5.74 | -8.58 |
| FSLR First Solar Inc |
5.38 2.75% |
201.14 | 13.14 | 11.49 | 3.84 | 2.17 | 3.54 | 8.58 |
| NXT Nextpower Inc. |
5.33 5.35% |
104.91 | 21.39 | 18.42 | 3.38 | 4.90 | 3.30 | 15.84 |
| ENPH Enphase Energy Inc |
-0.51 1.74% |
28.46 | 136.61 | 18.32 | 6.79 | 9.24 | 6.51 | 53.17 |
| XISHY Xinyi Solar Holdings Limited |
- -% |
5.30 | 11.55 | 14.93 | 0.22 | 1.24 | 0.24 | 1.12 |
Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes. Its primary customers are residential homeowners. The company markets and sells its products through direct-to-consumer approach across online, retail, mass media, digital media, canvassing, field marketing, and referral channels, as well as its partner network. Sunrun Inc. was founded in 2007 and is headquartered in San Francisco, California.
| Name | Title | Year Born |
|---|---|---|
| Mr. Edward Harris Fenster | Co-Founder & Exec. Co-Chair of the Board | 1977 |
| Ms. Lynn Michelle Jurich | Co-Founder, Exec. Co-Chair of the Board | 1980 |
| Ms. Mary Grace Powell | CEO & Director | 1960 |
| Ms. Jeanna Steele | Chief Legal & People Officer | 1975 |
| Mr. Danny Abajian | Chief Financial Officer | NA |
| Ms. Michelle Philpot | Chief Accounting Officer | 1967 |
| Mr. Patrick Jobin | Sr. VP of Fin. & Investor Relations | NA |
| Andrew Newbold | Director of Communications | NA |
| Ms. Anne E. Hoskins J.D. | Chief Policy Officer | NA |
| Mr. Paul S. Dickson | Chief Revenue Officer | 1985 |
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