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RUN

31.16USD-1.42(-4.36%)Market Closed

Sunrun Inc

Market Summary

USD31.16-1.42Market Closed
-4.36%

RUN Alerts

RUN Stock Price

RSI Chart

Valuation

Market Cap

4.6B

Price/Earnings

-40.54

Price/Sales

2.38

Price/Cashflow

-5.07

MarketCap/EBT

-5.22

Price/Sales

Profitability

EBT Margin

-45.58%

Return on Equity

-1.81%

Return on Assets

-0.64%

Fundamentals

Revenue

Revenue (TTM)

2.1B

Revenue Y/Y

44.02%

Revenue Q/Q

8.1%

Earnings

Earnings (TTM)

71.8M

Earnings Y/Y

772.64%

Earnings Q/Q

1.8K%

Price Action

52 Week Range

16.8045.59
(Low)(High)

Last 7 days

-1.1%

Last 30 days

38.1%

Last 90 days

-0.8%

Trailing 12 Months

-27.1%

Financial Health

Current Ratio

1.73

Debt/Equity

1.2

Debt/Cashflow

-0.12

Investor Care

Shares Dilution (1Y)

2.95%

Diluted EPS (TTM)

0.29

Peers (Alternatives to Sunrun)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
59.9B
20.2B
8.28% 3.40%
25.88
3.03
3.33% 10.78%
51.7B
19.6B
12.04% 12.77%
16.35
2.69
7.64% 40.30%
29.8B
7.8B
4.83% -18.14%
44.39
4.01
10.90% -31.36%
12.7B
4.8B
5.41% 29.48%
23.53
2.64
9.75% 49.02%
MID-CAP
9.3B
642.6M
0.38% -57.10%
-14.79
15.57
41.57% 7.68%
6.1B
2.8B
7.77% 17.25%
21.07
2.15
22.57% 622.50%
6.0B
4.0B
1.77% -4.02%
15.68
1.5
15.75% 25.37%
4.6B
2.1B
38.09% -27.09%
-40.54
2.38
43.63% 134.17%
2.6B
3.0B
7.61% 5.66%
3.65
0.86
31.76% 66.43%
SMALL-CAP
1.2B
105.2M
13.87% -55.71%
-9.97
11.79
44.83% -29.99%
991.0M
987.2M
2.42% -18.33%
11.56
1
15.41% 52.03%
421.0M
832.2M
17.74% -39.95%
12.99
0.54
22.22% -83.17%
355.7M
1.7B
14.48% -29.33%
-2.55
0.21
-5.37% -2431.95%
29.1M
43.9M
7.77% -14.48%
15.78
0.66
8.24% -142.95%

Financials for Sunrun

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue9.9%2,1471,9541,7711,6101,495
  S&GA Expenses3.2%737715672623584
  R&D Expenses-4.9%2325242322
Earnings Before Taxes8.5%-814.87-890.71-912.56-971.26-1,005.72
Net Income162.7%72-114.59-143.41-79.42-210.22
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets4.3%18,56817,80117,25516,48316,090
  Current Assets9.9%1,8801,7101,7091,5481,595
    Cash Equivalents10.8%956863863850941
  Inventory7.6%589547556507445
  Goodwill0%4,2804,2804,2804,2804,280
Liabilities5.3%10,5159,9889,5748,9118,551
  Current Liabilities9.2%1,0839911,0701,0121,284
  Long Term Debt5.0%7,9857,6037,1396,503-
Shareholder's Equity4.3%6,6196,3476,2646,2556,223
  Retained Earnings204.9%108-102.78-90.36-2.5836
  Additional Paid-In Capital0.4%6,4326,4046,3596,3306,265
Shares Outstanding0.5%213212209208207
Minority Interest-0.1%825826786723718
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations9.9%-825.48-915.68-887.95-817.19-687.04
  Share Based Compensation-10.6%139155172211294
Cashflow From Investing-5.4%-2,055.59-1,949.43-1,831.23-1,686.18-1,009.01
Cashflow From Financing0.9%2,8962,8712,7682,6462,256
  Buy Backs-0
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on RUN?

100%


Probability that Sunrun stock will be more than 20% underwater in next one year

72.3%


Probability that Sunrun stock will be more than 30% underwater in next one year.

54.6%


Probability that Sunrun stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does RUN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Sunrun was unfortunately bought at previous high price.

Returns

Cumulative Returns on RUN

21.6%


7-Year Cumulative Returns

41.8%


5-Year Cumulative Returns

32.0%


3-Year Cumulative Returns

What are the long-term rolling returns for RUN?

FIve years rolling returns for Sunrun.

Which funds bought or sold RUN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
NEW
-
226,000
226,000
0.01%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
482
2,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
884,000
884,000
0.01%
2022-11-22
CVA Family Office, LLC
-
-
-
7,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
7,651,000
7,651,000
0.01%
2022-11-21
FourThought Financial, LLC
-
-
-
4,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
1,016,000
7,078,000
0.01%
2022-11-18
Industrial Alliance Investment Management Inc.
NEW
-
3,034,000
3,034,000
0.09%
2022-11-17
CENTRAL TRUST Co
NEW
-
4,000
4,000
-%
2022-11-17
M&T Bank Corp
-
-
37,000
258,000
-%

1–10 of 42

Latest Funds Activity

Are funds buying RUN calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own RUN

Sunrun News

Nasdaq

Does Sunrun (RUN) Have the Potential to Rally 49% as Wall Street Analysts Expect?.18 hours ago

Yahoo Finance

Investor's Business Daily

RUN Fair Value

Sunrun fair value in different scenarios

The table shows the Fair Value estimates for Sunrun for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

9.74

-68.74%

12.78

-58.99%

21.54

-30.87%

30.00

-3.72%

44.75

43.61%

Current Inflation

9.57

-69.29%

12.26

-60.65%

19.83

-36.36%

27.12

-12.97%

39.79

27.70%

Very High Inflation

9.36

-69.96%

11.62

-62.71%

17.82

-42.81%

23.77

-23.72%

34.03

9.21%

Historical Sunrun Fair Value Estimates


Recent SEC filings of Sunrun

View All Filings
Date Filed Form Type Document
Nov 18, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 02, 2022
10-Q
Quarterly Report
Nov 02, 2022
8-K
Current Report
Oct 12, 2022
4
Insider Trading
Oct 07, 2022
4
Insider Trading
Oct 07, 2022
4
Insider Trading
Sep 23, 2022
4
Insider Trading
Sep 19, 2022
4
Insider Trading
Sep 19, 2022
4
Insider Trading

Latest Insider Trading transactions for RUN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-16
Philpot Michelle
ACQUIRED
62,774.4
10.4624
6,000
Chief Accounting Officer
2022-11-10
Jurich Lynn Michelle
ACQUIRED
375,000
5
75,000
-
2022-11-10
Jurich Lynn Michelle
SOLD
-1,962,500
26.1666
-75,000
-
2022-10-10
Jurich Lynn Michelle
SOLD
-1,868,140
24.9085
-75,000
-
2022-10-10
Jurich Lynn Michelle
ACQUIRED
375,000
5
75,000
-
2022-09-22
Fenster Edward Harris
SOLD
-211,514
34.27
-6,172
Co-Executive Chair
2022-09-22
Fenster Edward Harris
ACQUIRED
59,066
9.81
6,021
Co-Executive Chair
2022-09-19
Jurich Lynn Michelle
SOLD
-147,889
37.0371
-3,993
-
2022-09-19
STEELE JEANNA
SOLD
-29,587.8
37.031
-799
Chief Legal & People Officer
2022-09-19
Fenster Edward Harris
SOLD
-98,166.9
37.0441
-2,650
Co-Executive Chair

1–10 of 50

Mary G. Powell
11400
Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of 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. 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.

RUN Income Statement

2022-09-30
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:    
Total revenue$ 631,906$ 438,765$ 1,712,270$ 1,174,725
Operating expenses:    
Sales and marketing193,992171,462556,346442,174
Research and development4,3985,60216,79416,624
General and administrative47,09951,290140,126199,836
Amortization of intangible assets1,3411,3414,0234,029
Total operating expenses768,151576,6902,185,2721,632,944
Loss from operations(136,245)(137,925)(473,002)(458,219)
Interest expense, net(117,214)(89,096)(312,513)(238,365)
Other income (expenses), net97,953(4,332)263,78418,462
Loss before income taxes(155,506)(231,353)(521,731)(678,122)
Income tax expense (benefit)09,9800(19,058)
Net loss(155,506)(241,333)(521,731)(659,064)
Net loss attributable to noncontrolling interests and redeemable noncontrolling interests(366,066)(265,462)(632,087)(618,160)
Net income (loss) attributable to common stockholders$ 210,560$ 24,129$ 110,356$ (40,904)
Net income (loss) per share attributable to common stockholders    
Basic (in dollars per share)$ 0.99$ 0.12$ 0.52$ (0.20)
Diluted (in dollars per share)$ 0.96$ 0.11$ 0.51$ (0.20)
Weighted average shares used to compute net income (loss) per share attributable to common stockholders    
Basic (in shares)212,696206,103210,609204,355
Diluted (in shares)220,850213,016218,662204,355
Customer agreements and incentives    
Revenue:    
Total revenue$ 271,211$ 231,869$ 740,789$ 625,939
Operating expenses:    
Costs209,539174,457613,878512,073
Solar energy systems and product sales    
Revenue:    
Total revenue360,695206,896971,481548,786
Operating expenses:    
Costs$ 311,782$ 172,538$ 854,105$ 458,208

RUN Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash$ 672,083$ 617,634
Restricted cash283,822232,649
Accounts receivable (net of allowances for credit losses of $12,452 and $11,035 as of September 30, 2022 and December 31, 2021, respectively)218,837146,037
Inventories589,094506,819
Prepaid expenses and other current assets116,19244,580
Total current assets1,880,0281,547,719
Restricted cash148148
Solar energy systems, net10,573,5919,459,696
Property and equipment, net63,69856,886
Intangible assets, net8,86812,891
Goodwill4,280,1694,280,169
Other assets1,761,5561,125,743
Total assets[1]18,568,05816,483,252
Current liabilities:  
Accounts payable275,057288,108
Distributions payable to noncontrolling interests and redeemable noncontrolling interests38,12531,582
Accrued expenses and other liabilities401,141364,136
Deferred revenue, current portion146,098111,739
Deferred grants, current portion8,2688,302
Finance lease obligations, current portion11,78610,901
Non-recourse debt, current portion185,800190,186
Pass-through financing obligation, current portion16,2307,166
Total current liabilities1,082,5051,012,120
Deferred revenue, net of current portion860,887761,872
Deferred grants, net of current portion199,433206,615
Finance lease obligations, net of current portion16,64311,314
Convertible senior notes392,310390,618
Line of credit505,967211,066
Non-recourse debt, net of current portion6,901,0875,711,020
Pass-through financing obligation, net of current portion291,685314,231
Other liabilities141,374190,056
Deferred tax liabilities122,930101,753
Total liabilities[1]10,514,8218,910,665
Commitments and contingencies (Note 15)
Redeemable noncontrolling interests609,479594,973
Stockholders’ equity:  
Preferred stock, $0.0001 par value—authorized, 200,000 shares as of September 30, 2022 and December 31, 2021; no shares issued and outstanding as of September 30, 2022 and December 31, 202100
Common stock, $0.0001 par value—authorized, 2,000,000 shares as of September 30, 2022 and December 31, 2021; issued and outstanding, 212,954 and 208,176 shares as of September 30, 2022 and December 31, 2021, respectively2121
Additional paid-in capital6,432,2406,330,344
Accumulated other comprehensive income (loss)78,463(73,050)
Retained deficit107,777(2,579)
Total stockholders’ equity6,618,5016,254,736
Noncontrolling interests825,257722,878
Total equity7,443,7586,977,614
Total liabilities, redeemable noncontrolling interests and total equity$ 18,568,058$ 16,483,252
[1]The Company’s consolidated assets as of September 30, 2022 and December 31, 2021 include $9,353,167 and $8,381,220, respectively, in assets of variable interest entities (“VIEs”) that can only be used to settle obligations of the VIEs. These assets include solar energy systems, net, as of September 30, 2022 and December 31, 2021 of $8,526,271 and $7,605,769, respectively; cash as of September 30, 2022 and December 31, 2021 of $340,122 and $377,044, respectively; restricted cash as of September 30, 2022 and December 31, 2021 of $77,423 and $70,346, respectively; accounts receivable, net as of September 30, 2022 and December 31, 2021 of $72,125 and $55,714, respectively; inventories as of September 30, 2022 and December 31, 2021 of $63,307 and 93,604, respectively; prepaid expenses and other current assets as of September 30, 2022 and December 31, 2021 of $9,599 and $1,519, respectively; and other assets as of September 30, 2022 and December 31, 2021 of $264,320 and $177,224, respectively. The Company’s consolidated liabilities as of September 30, 2022 and December 31, 2021 include $2,138,229 and $2,152,492, respectively, in liabilities of VIEs whose creditors have no recourse to the Company. These liabilities include accounts payable as of September 30, 2022 and December 31, 2021 of $20,611 and $26,042, respectively; distributions payable to noncontrolling interests and redeemable noncontrolling interests as of September 30, 2022 and December 31, 2021 of $38,126 and $31,582, respectively; accrued expenses and other current liabilities as of September 30, 2022 and December 31, 2021 of $27,994 and $31,036, respectively; deferred revenue as of September 30, 2022 and December 31, 2021 of $599,643 and $530,385, respectively; deferred grants as of September 30, 2022 and December 31, 2021 of $0 and $25,634, respectively; non-recourse debt as of September 30, 2022 and December 31, 2021 of $1,437,366 and $1,482,608, respectively; and other liabilities as of September 30, 2022 and December 31, 2021 of $14,489 and $25,205, respectively.