Tearsheet

Sunrun (RUN)

Market Price (9/16/2025): $16.48 | Market Cap: $3.8 Bil
Sector: Industrials | Industry: Building Products

Sunrun (RUN)

Market Price (9/16/2025): $16.48
Market Cap: $3.8 Bil
Sector: Industrials
Industry: Building Products

Investment Highlights

0	Weak multi-year price returns 2Y Excs Rtn is -28%, 3Y Excs Rtn is -122%	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -489 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -23%
1		Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 359%
2		Stock price has recently run up significantly 6M Rtn6 month market price return is 136%
3		Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -38%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -175%
4		Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -73%
5		High stock price volatility Vol 12M is 116%
6		Significant short interest Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 25%

0	Weak multi-year price returns 2Y Excs Rtn is -28%, 3Y Excs Rtn is -122%
1	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -489 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -23%
2	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 359%
3	Stock price has recently run up significantly 6M Rtn6 month market price return is 136%
4	Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -38%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -175%
5	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -73%
6	High stock price volatility Vol 12M is 116%
7	Significant short interest Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 25%

Market Valuation

	9/16/25	2024	2023	2022	2021
Share Price CYE	$16.48	$9.25	$19.63	$24.02	$34.30
Market Cap CYE ($ Bil)	3.8	2.1	4.3	5.1	7.1
Total Debt ($ Bil)	14.1	13.0	11.1	8.8	6.9
Total Cash ($ Bil)	0.6	0.6	0.7	0.7	0.6
Enterprise Value ($ Bil)	17.3	15.1	15.4	13.9	14.0
Valuation Ratios
P/S TTM	1.8	1.0	1.9	2.2	4.4
P/EBIT TTM	-1.0	-0.6	-2.1	-12.6	-10.9
P/E TTM	-1.5	-0.7	-2.6	29.3	-88.6
Sector Ratios
P/S TTM (Sector)	1.6	1.4	1.4	1.1	1.6
P/EBIT TTM (Sector)	11.4	10.2	10.0	8.3	12.1
P/E TTM (Sector)	16.6	13.7	14.0	11.2	15.6

	9/16/25	2024	2023
Share Price CYE	$16.48	$9.25	$19.63
Market Cap CYE ($ Bil)	3.8	2.1	4.3
Total Debt ($ Bil)	14.1	13.0	11.1
Total Cash ($ Bil)	0.6	0.6	0.7
Enterprise Value ($ Bil)	17.3	15.1	15.4
Valuation Ratios
P/S TTM	1.8	1.0	1.9
P/EBIT TTM	-1.0	-0.6	-2.1
P/E TTM	-1.5	-0.7	-2.6
Sector Ratios
P/S TTM (Sector)	1.6	1.4	1.4
P/EBIT TTM (Sector)	11.4	10.2	10.0
P/E TTM (Sector)	16.6	13.7	14.0

Stock Price
Market Cap

Stock Price Chart

Return (1Y):

Market Cap Chart

Business Description

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. Show more

Price Returns Compared

Expand for Detailed View

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
RUN Return	402%	-51%	-30%	-18%	-53%	78%	16%
Peers Return	66%	12%	-6%	15%	19%	54%	271%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: BE, AEIS, BDC, FELE, ENS.
[3] 2025 data is for the year up to 9/15/2025 (YTD)

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Sunrun Earnings Notes
2	RUN Falls 12% In A Single Week: How Does It Compare With Others?	Peer Comparison
3	Sunrun (RUN) Operating Cash Flow Comparison	Financials
4	Sunrun (RUN) Operating Income Comparison	Financials
5	Sunrun (RUN) Tax Expense Comparison	Financials
6	Sunrun (RUN) Revenue Comparison	Financials
7	Sunrun (RUN) Net Income Comparison	Financials
8	Sunrun (RUN) EBITDA Comparison	Financials
9	Sunrun (RUN) Debt Comparison	Financials
10	RUN Dip Buy Analysis
11	ARTICLES
12	Market Movers \| Winners: PGEN, RUN, UP \| Losers: NUTX, GTN-A, AMAT		August 16th, 2025
13	How Low Can Sunrun Stock Go?		July 11th, 2025
14	Market Movers \| Winners: SANA, UP, QS \| Losers: RUN, AEVA, HLIT		July 9th, 2025
15	7/7/2025 Market Movers \| Winners: COGT, SLSR, RUN \| Losers: CORZ, APGE, LVWR		July 8th, 2025
16	7/1/2025 Market Movers \| Winners: MSC, SHLS, BALY \| Losers: APG, PRGS, TK		July 2nd, 2025

	Title
0	DASHBOARDS
1	Market Movers \| Winners: PGEN, RUN, UP \| Losers: NUTX, GTN-A, AMAT
2	How Low Can Sunrun Stock Go?
3	Market Movers \| Winners: SANA, UP, QS \| Losers: RUN, AEVA, HLIT
4	7/7/2025 Market Movers \| Winners: COGT, SLSR, RUN \| Losers: CORZ, APGE, LVWR
5	7/1/2025 Market Movers \| Winners: MSC, SHLS, BALY \| Losers: APG, PRGS, TK
6	ARTICLES
7	Sunrun Earnings Notes
8	RUN Falls 12% In A Single Week: How Does It Compare With Others?
9	Sunrun (RUN) Operating Cash Flow Comparison
10	Sunrun (RUN) Operating Income Comparison
11	Sunrun (RUN) Tax Expense Comparison
12	Sunrun (RUN) Revenue Comparison
13	Sunrun (RUN) Net Income Comparison
14	Sunrun (RUN) EBITDA Comparison
15	Sunrun (RUN) Debt Comparison
16	RUN Dip Buy Analysis

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	18947.6%	1080.3%
2	VCIG	VCI Global	2528.6%	-66.8%
3	BDSX	Biodesix	1926.1%	-75.2%
4	CLSD	Clearside Biomedical	1136.3%	-72.3%
5	SDOT	Sadot	1033.9%	-78.2%
6	CHEK	Check-Cap	184.2%	114.2%
7	ATCH	AtlasClear	153.8%	-89.7%
8	HSDT	Helius Medical Technologies	141.7%	-96.4%
9	MTVA	MetaVia	115.5%	-26.1%
10	IHT	InnSuites Hospitality Trust	66.0%	54.9%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	ATYR	aTyr Pharma	-83.2%	-72.0%
2	NAKA	Kindly MD	-55.4%
3	REX	REX American Resources	-49.8%	-26.7%
4	FAAS	DigiAsia	-39.2%	-83.2%
5	EVTV	Envirotech Vehicles	-32.8%	-77.4%
6	WLDS	Wearable Devices	-30.0%	-24.4%
7	ZONE	CleanCore Solutions	-29.5%	107.8%
8	CGTX	Cognition Therapeutics	-29.0%	119.6%
9	SIDU	Sidus Space	-28.7%	-80.8%
10	BNGO	Bionano Genomics	-28.6%	-84.0%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	NXTT	Next Technology	18985.5%	1080.3%
2	BDSX	Biodesix	1658.4%	-75.2%
3	VCIG	VCI Global	1460.0%	-66.8%
4	CLSD	Clearside Biomedical	1075.2%	-72.3%
5	SDOT	Sadot	806.7%	-78.2%
6	WLDS	Wearable Devices	539.8%	-24.4%
7	QMMM	QMMM	536.6%	5505.5%
8	ATCH	AtlasClear	382.9%	-89.7%
9	OPI	Office Properties Income Trust	274.5%	-8.3%
10	CWD	CaliberCos	246.5%	-46.7%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-83.7%
2	ATYR	aTyr Pharma	-81.4%	-72.0%
3	LGCL	Lucas GC	-73.2%	-78.3%
4	NAKA	Kindly MD	-72.8%
5	OCTO	Eightco	-67.8%	562.1%
6	YYGH	YY	-67.0%	-78.2%
7	SNTG	Sentage	-58.1%	57.5%
8	REX	REX American Resources	-50.7%	-26.7%
9	BINI	Bollinger Innovations	-49.2%	-100.0%
10	SLXN	Silexion Therapeutics	-49.2%	-88.0%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PMI	Picard Medical	11963.5%	11963.5%
2	GIBO	GIBO	7309.3%
3	CHSN	Chanson International	5551.3%	-99.3%
4	LNZA	LanzaTech Global	5145.9%	-85.7%
5	QMMM	QMMM	2490.3%	5505.5%
6	NXTT	Next Technology	2167.7%	1080.3%
7	VTAK	Catheter Precision	1543.9%	-70.5%
8	CURX	Curanex Pharmaceuticals	1282.0%	1282.0%
9	VCIG	VCI Global	1278.3%	-66.8%
10	OCTO	Eightco	800.6%	562.1%

1 Month Top Losers

#	Ticker	Company	1M Rtn	YTD Rtn
1	CJET	Chijet Motor	-93.3%	-95.1%
2	ELPW	Elong Power	-92.4%	-76.5%
3	STFS	Star Fashion Culture	-92.1%	-97.9%
4	ETS	Elite Express	-92.0%	-92.0%
5	NAKA	Kindly MD	-91.7%
6	BINI	Bollinger Innovations	-90.5%	-100.0%
7	FLYE	Fly-E	-89.8%	-81.2%
8	JEM	707 Cayman	-89.8%	-98.3%
9	NUTR	NusaTrip	-86.7%	-86.7%
10	CUPR	Cuprina	-84.9%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	18947.6%	1080.3%
2	VCIG	VCI Global	2528.6%	-66.8%
3	BDSX	Biodesix	1926.1%	-75.2%
4	CLSD	Clearside Biomedical	1136.3%	-72.3%
5	SDOT	Sadot	1033.9%	-78.2%
6	CHEK	Check-Cap	184.2%	114.2%
7	ATCH	AtlasClear	153.8%	-89.7%
8	HSDT	Helius Medical Technologies	141.7%	-96.4%
9	MTVA	MetaVia	115.5%	-26.1%
10	IHT	InnSuites Hospitality Trust	66.0%	54.9%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	ATYR	aTyr Pharma	-83.2%	-72.0%
2	NAKA	Kindly MD	-55.4%
3	REX	REX American Resources	-49.8%	-26.7%
4	FAAS	DigiAsia	-39.2%	-83.2%
5	EVTV	Envirotech Vehicles	-32.8%	-77.4%
6	WLDS	Wearable Devices	-30.0%	-24.4%
7	ZONE	CleanCore Solutions	-29.5%	107.8%
8	CGTX	Cognition Therapeutics	-29.0%	119.6%
9	SIDU	Sidus Space	-28.7%	-80.8%
10	BNGO	Bionano Genomics	-28.6%	-84.0%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	NXTT	Next Technology	18985.5%	1080.3%
2	BDSX	Biodesix	1658.4%	-75.2%
3	VCIG	VCI Global	1460.0%	-66.8%
4	CLSD	Clearside Biomedical	1075.2%	-72.3%
5	SDOT	Sadot	806.7%	-78.2%
6	WLDS	Wearable Devices	539.8%	-24.4%
7	QMMM	QMMM	536.6%	5505.5%
8	ATCH	AtlasClear	382.9%	-89.7%
9	OPI	Office Properties Income Trust	274.5%	-8.3%
10	CWD	CaliberCos	246.5%	-46.7%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-83.7%
2	ATYR	aTyr Pharma	-81.4%	-72.0%
3	LGCL	Lucas GC	-73.2%	-78.3%
4	NAKA	Kindly MD	-72.8%
5	OCTO	Eightco	-67.8%	562.1%
6	YYGH	YY	-67.0%	-78.2%
7	SNTG	Sentage	-58.1%	57.5%
8	REX	REX American Resources	-50.7%	-26.7%
9	BINI	Bollinger Innovations	-49.2%	-100.0%
10	SLXN	Silexion Therapeutics	-49.2%	-88.0%

Peer Comparisons for Sunrun

Financials

	RUN	BE	AEIS	BDC	FELE	ENS	Median
Name	Sunrun	Bloom En.	Advanced.	Belden	Franklin.	EnerSys
Mkt Price	16.45	67.02	156.74	132.40	94.57	107.70	101.13
Mkt Cap	3.8	15.6	5.9	5.3	4.3	4.2	4.8
Rev LTM	2,129	1,630	1,636	2,550	2,060	3,658	2,095
Op Inc LTM	-489	72	123	286	253	479	188
FCF LTM	-3,716	44	123	220	218	133	128
FCF 3Y Avg	-3,367	-311	119	215	217	255	167
CFO LTM	-811	91	191	357	258	251	221
CFO 3Y Avg	-793	-233	183	339	258	357	221

Growth & Margins

	RUN	BE	AEIS	BDC	FELE	ENS	Median
Name	Sunrun	Bloom En.	Advanced.	Belden	Franklin.	EnerSys
Rev Chg LTM	3.3%	22.7%	8.5%	6.0%	2.2%	3.7%	4.9%
Rev Chg 3Y Avg	4.1%	18.8%	2.3%	2.3%	3.0%	2.2%	2.7%
Rev Chg Q	8.7%	19.5%	21.0%	16.6%	8.1%	4.7%	12.7%
QoQ Delta Rev Chg LTM	2.2%	4.2%	4.9%	3.6%	2.2%	1.1%	2.9%
Op Mgn LTM	-23.0%	4.4%	7.5%	11.2%	12.3%	13.1%	9.4%
Op Mgn 3Y Avg	-29.4%	-7.9%	8.2%	11.8%	12.7%	11.1%	9.6%
QoQ Delta Op Mgn LTM	1.3%	1.1%	1.2%	0.4%	0.2%	-0.3%	0.7%
CFO/Rev LTM	-38.1%	5.6%	11.7%	14.0%	12.5%	6.9%	9.3%
CFO/Rev 3Y Avg	-35.5%	-17.9%	11.1%	13.5%	12.6%	9.8%	10.4%
FCF/Rev LTM	-174.5%	2.7%	7.5%	8.6%	10.6%	3.6%	5.6%
FCF/Rev 3Y Avg	-153.5%	-23.6%	7.2%	8.5%	10.6%	7.0%	7.1%

Valuation

	RUN	BE	AEIS	BDC	FELE	ENS	Median
Name	Sunrun	Bloom En.	Advanced.	Belden	Franklin.	EnerSys
Mkt Cap	3.8	15.6	5.9	5.3	4.3	4.2	4.8
P/S	1.8	9.6	3.6	2.1	2.1	1.1	2.1
P/EBIT	-1.0	176.3	57.1	18.6	17.7	9.4	18.2
P/E	-1.5	659.0	70.3	25.0	23.9	11.9	24.4
P/CFO	-4.6	171.3	30.9	14.9	16.6	16.7	16.6
Total Yield	-68.1%	0.2%	1.7%	4.1%	4.8%	9.3%	2.9%
Dividend Yield	0.0%	0.0%	0.3%	0.1%	0.6%	0.9%	0.2%
FCF Yield 3Y Avg	-133.5%	-10.2%	2.7%	5.2%	4.9%	6.2%	3.8%
D/E	3.7	0.1	0.1	0.2	0.1	0.3	0.2
Net D/E	3.6	0.1	-0.0	0.2	0.1	0.2	0.1

Returns

	RUN	BE	AEIS	BDC	FELE	ENS	Median
Name	Sunrun	Bloom En.	Advanced.	Belden	Franklin.	EnerSys
1M Rtn	18.2%	48.0%	3.6%	6.7%	-1.3%	9.8%	8.3%
3M Rtn	70.6%	192.5%	25.2%	20.9%	9.5%	24.6%	24.9%
6M Rtn	136.0%	177.1%	46.2%	28.8%	-5.1%	11.6%	37.5%
12M Rtn	-14.5%	557.1%	59.4%	28.7%	-1.6%	10.2%	19.4%
3Y Rtn	-55.7%	166.1%	88.0%	105.0%	16.7%	77.8%	82.9%
1M Excs Rtn	54.7%	46.3%	-5.4%	3.2%	-4.2%	6.6%	4.9%
3M Excs Rtn	53.8%	194.7%	17.0%	12.6%	1.4%	14.1%	15.6%
6M Excs Rtn	135.8%	156.6%	30.5%	13.4%	-22.3%	-4.0%	22.0%
12M Excs Rtn	-33.2%	510.8%	43.9%	14.9%	-18.7%	-6.0%	4.4%
3Y Excs Rtn	-122.0%	95.0%	16.9%	42.0%	-54.0%	12.0%	14.5%

Comparison Analyses

	Title
0	RUN Falls 12% In A Single Week: How Does It Compare With Others?
1	Sunrun vs. Peabody Energy: With Return Forecast Of 19%, Sunrun Is A Better Bet
2	Sunrun vs. Spectrum Brands: With Return Forecast Of 19%, Sunrun Is A Better Bet
3	Sunrun vs. Gogo: With Return Forecast Of 64%, Gogo Is A Better Bet
4	Sunrun vs. Advanced Energy Industries: With Return Forecast Of 31%, Sunrun Is A Better Bet
5	Sunrun vs. Franklin Electric: With Return Forecast Of 31%, Sunrun Is A Better Bet
6	Sunrun vs. Belden: With Return Forecast Of 31%, Sunrun Is A Better Bet
7	Sunrun vs. EnerSys: With Return Forecast Of 31%, Sunrun Is A Better Bet
8	Sunrun vs. Bloom Energy: With Return Forecast Of 69%, Bloom Energy Is A Better Bet
9	Sunrun vs. Axon Enterprise: With Return Forecast Of 45%, Axon Enterprise Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End		12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date		2/27/2025	2/21/2024	2/22/2023	2/17/2022	2/25/2021	2/27/2020
Key Financials
Total Revenue	2,129	2,038	2,260	2,321	1,610	922	859
Ebitda	-2,986	-2,913	-1,511	50	-255	-214	-38
Operating Income	-489	-573	-821	-662	-666	-465	-216
Net Income	-2,568	-2,846	-1,604	173	-79	-173	26
EPS	-11.44	-12.81	-7.41	0.82	-0.39	-1.24	0.23
Growth Rates
Total Revenue Growth	3.3%	-9.8%	-2.7%	44.2%	74.6%	7.4%	13.0%
EBITDA Growth	-149.5%	-92.8%	-3151.6%	119.4%	-19.4%	-465.6%	-202.5%
Operating Income Growth	30.0%	30.2%	-23.9%	0.6%	-43.2%	-115.6%	-77.0%
Net Income Growth	-87.6%	-77.4%	-1025.4%	318.3%	54.2%	-758.4%	-1.2%
Margins
EBITDA Margin	-140.3%	-142.9%	-66.9%	2.1%	-15.9%	-23.2%	-4.4%
Operating Income Margin	-23.0%	-28.1%	-36.3%	-28.5%	-41.4%	-50.4%	-25.1%
Net Income Margin	-120.6%	-139.7%	-71.0%	7.5%	-4.9%	-18.8%	3.1%
Cash & Debt
Total Cash	618	575	679	741	618	520	270
Total Debt	14,135	13,022	11,087	8,765	6,871	5,182	2,627
Net Debt / (Cash)	13,517	12,448	10,408	8,024	6,254	4,662	2,357
Cash Flows
Net Cash from Operations	-811	-766	-821	-849	-817	-318	-204
Free Cash from Operations	-3,716	-3,467	-3,429	-2,860	-2,503	-1,288	-1,045
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	-0	-0	-0	-0	-0	-0	5

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Period End	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Filing Date	8/6/2025	5/7/2025	2/27/2025	11/7/2024	8/6/2024	5/8/2024	2/21/2024	11/1/2023	8/2/2023	5/3/2023	2/22/2023	11/2/2022
Key Financials Quarterly
Total Revenue	569	504	518	537	524	458	517	563	590	590	609	632
Ebitda	63	10	-3,004	-55	89	57	-212	-1,131	-38	-130	-73	80
Operating Income	-112	-115	-134	-128	-128	-183	-198	-189	-206	-228	-189	-136
Net Income	280	50	-2,814	-84	139	-88	-350	-1,069	55	-240	63	211
EPS	1.22	0.22	-12.51	-0.37	0.63	-0.40	-1.60	-4.92	0.26	-1.12	0.30	0.99
Key Financials TTM
Total Revenue TTM	2,129	2,084	2,038	2,036	2,062	2,128	2,260	2,352	2,421	2,415	2,321	2,147
Ebitda TTM	-2,986	-2,961	-2,913	-121	-1,197	-1,324	-1,511	-1,372	-160	-119	50	21
Operating Income TTM	-489	-505	-573	-636	-698	-776	-821	-812	-759	-708	-662	-681
Net Income TTM	-2,568	-2,708	-2,846	-383	-1,368	-1,452	-1,604	-1,191	89	21	173	72
Growth Rates Quarterly
Total Revenue Growth	8.7%	10.1%	0.4%	-4.6%	-11.2%	-22.3%	-15.2%	-10.9%	1.0%	19.0%	40.0%	44.0%
EBITDA Growth	-29.1%	-83.2%	-1316.0%	95.2%	333.2%	144.2%	-190.1%	-1508.0%	-1131.6%	-435.6%	28.1%	285.1%
Operating Income Growth	12.3%	37.3%	32.1%	32.6%	37.8%	19.6%	-4.4%	-39.1%	-32.6%	-25.5%	9.0%	1.2%
Net Income Growth	101.2%	156.9%	-703.6%	92.2%	150.7%	63.5%	-655.6%	-607.9%	546.4%	-173.9%	263.6%	772.6%
Margins Quarterly
EBITDA Margin	11.1%	1.9%	-579.4%	-10.2%	17.0%	12.5%	-41.1%	-200.8%	-6.5%	-22.0%	-12.0%	12.7%
Operating Income Margin	-19.7%	-22.8%	-25.9%	-23.8%	-24.4%	-40.0%	-38.2%	-33.6%	-34.9%	-38.6%	-31.1%	-21.6%
Net Income Margin	49.1%	9.9%	-542.7%	-15.6%	26.5%	-19.2%	-67.8%	-189.9%	9.4%	-40.8%	10.3%	33.3%
Cash & Debt
Total Cash	618	605	575	534	708	487	679	644	669	629	741	672
Total Debt	14,135	13,673	13,022	12,583	12,099	11,545	11,087	10,642	10,000	9,297	8,765	8,353
Net Debt / (Cash)	13,517	13,068	12,448	12,049	11,392	11,058	10,408	9,998	9,331	8,669	8,024	7,681
Cash Flows Quarterly
FCF from Operations	-293	-104	-258	-156	-209	-143	-116	-63	-202	-439	-305	-90
Cash Flows TTM
FCF from Operations TTM	-811	-727	-766	-624	-531	-525	-821	-1,009	-1,036	-1,032	-849	-825
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-1.6%	-1.6%	-2.8%	-2.6%	-2.7%	-4.1%	-4.6%	-4.5%	-5.2%	-5.1%	-5.2%	-3.8%
Return on Invested Capital (ROIC) TTM
ROIC TTM	-2.3%	-2.5%	-3.0%	-3.3%	-3.8%	-4.4%	-4.8%	-4.8%	-4.6%	-4.4%	-4.5%	-4.8%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Customer agreements	1,077	872	725	433	345
Solar energy systems	656	914	471	270	283
Product sales	417	424	312	168	187
Incentives	110	111	101	52	42
Total	2,260	2,321	1,610	922	859

Price Behavior

Behavior Stats
Betas Matrix

Price Behavior

Market Price	$16.45
Market Cap ($ Bil)	3.8
First Trading Date	08/05/2015
Distance from 52W High	-19.0%
	50 Days	200 Days
DMA Price	$12.87	$9.57
DMA Trend	up	up
Distance from DMA	27.8%	71.9%
	3M	1YR
Volatility	155.1%	116.6%
Downside Capture	-107.86	94.69
Upside Capture	238.15	62.72
Correlation (SPY)	14.8%	18.8%

RUN Betas & Captures as of 8/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.17	0.18	1.78	1.43	1.20	1.85
Up Beta	4.40	-1.78	0.39	1.60	1.18	1.81
Down Beta	14.74	7.99	8.46	1.35	1.60	1.47
Up Capture	-98%	229%	393%	295%	65%	993%
Bmk +ve Days	10	22	35	71	142	415
Stock +ve Days	7	18	31	65	115	350
Down Capture	-1398%	-614%	-178%	89%	110%	109%
Bmk -ve Days	11	19	27	54	106	334
Stock -ve Days	14	23	31	60	131	396

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date	8292025
Short Interest: Shares Quantity	57,642,945
Short Interest: % Change Since 8152025	0.3%
Average Daily Volume	15,946,492
Days-to-Cover Short Interest	3.61
Basic Shares Quantity	229,167,000
Short % of Basic Shares	25.2%

Returns Analyses

	Title
0	[10/10/2021] Sunrun (RUN) Stock Price Forecast: AI Forecasts RUN Stock Price To Be Around $44.80 In A Month (Up 3.6%)
1	Sunrun Total Shareholder Return (TSR): -30.0% in 2022 and 20.3% 3-yr returns (above peer average)

Earnings Returns History

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	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
8/6/2025	32.3%	20.5%	100.4%
2/27/2025	-8.3%	-13.1%	-24.9%
11/7/2024	-11.8%	-5.9%	-3.4%
8/6/2024	11.0%	16.9%	16.8%
5/8/2024	7.8%	5.0%	16.9%
2/21/2024	-18.0%	-24.3%	-24.5%
11/1/2023	10.1%	10.1%	51.1%
8/2/2023	7.6%	0.8%	-12.4%
...
SUMMARY STATS
# Positive	9	11	10
# Negative	12	10	11
Median Positive	10.1%	5.1%	16.8%
Median Negative	-8.7%	-10.6%	-24.5%
Max Positive	32.3%	20.5%	100.4%
Max Negative	-18.0%	-25.4%	-49.6%

	Forward Returns
8/6/2025	32.3%	20.5%	100.4%
2/27/2025	-8.3%	-13.1%	-24.9%
11/7/2024	-11.8%	-5.9%	-3.4%
8/6/2024	11.0%	16.9%	16.8%
5/8/2024	7.8%	5.0%	16.9%
2/21/2024	-18.0%	-24.3%	-24.5%
11/1/2023	10.1%	10.1%	51.1%
8/2/2023	7.6%	0.8%	-12.4%
5/3/2023	-15.7%	-13.6%	-6.7%
2/22/2023	-2.2%	0.7%	-26.8%
11/2/2022	18.7%	11.5%	48.4%
8/3/2022	3.5%	20.4%	4.5%
5/4/2022	2.7%	-25.4%	10.0%
11/4/2021	-2.7%	0.6%	-30.1%
8/5/2021	-9.5%	-6.6%	-14.8%
5/5/2021	11.7%	-5.3%	1.1%
1/25/2021	-9.0%	-19.8%	-30.2%
11/5/2020	-0.5%	-8.0%	1.1%
8/10/2020	-10.4%	1.0%	16.8%
2/27/2020	-4.6%	5.1%	-49.6%
11/12/2019	-4.9%	-2.7%	-2.2%
SUMMARY STATS
# Positive	9	11	10
# Negative	12	10	11
Median Positive	10.1%	5.1%	16.8%
Median Negative	-8.7%	-10.6%	-24.5%
Max Positive	32.3%	20.5%	100.4%
Max Negative	-18.0%	-25.4%	-49.6%

SEC Filings

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Report Date	Filing Date	Filing
6302025	8062025	10-Q 6/30/2025
3312025	5072025	10-Q 3/31/2025
12312024	2272025	10-K 12/31/2024
9302024	11072024	10-Q 9/30/2024
6302024	8062024	10-Q 6/30/2024
3312024	5082024	10-Q 3/31/2024
12312023	2212024	10-K 12/31/2023
9302023	11012023	10-Q 9/30/2023
6302023	8022023	10-Q 6/30/2023
3312023	5032023	10-Q 3/31/2023
12312022	2222023	10-K 12/31/2022
9302022	11022022	10-Q 9/30/2022
6302022	8032022	10-Q 6/30/2022
3312022	5042022	10-Q 3/31/2022
12312021	2172022	10-K 12/31/2021
9302021	11042021	10-Q 9/30/2021

Insider Activity

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	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	STEELE JEANNA	Chief Legal & People Officer	8282025	Sell	16.75	7,077	118,540	6,953,360	Form
1	STEELE JEANNA	Chief Legal & People Officer	8202025	Sell	16.25	17,417	283,026	6,860,799	Form
2	FERBER ALAN		8152025	Sell	11.24	10,927	122,821	617,610	Form
3	Abajian Danny	Chief Financial Officer	6102025	Sell	8.23	1,604	13,202	3,770,484	Form
4	Dickson Paul S.	Pres. & Chief Revenue Officer	6102025	Sell	8.23	2,447	20,128	5,651,363	Form

Collapse to Preview

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	STEELE JEANNA	Chief Legal & People Officer	8282025	Sell	16.75	7,077	118,540	6,953,360	Form
1	STEELE JEANNA	Chief Legal & People Officer	8202025	Sell	16.25	17,417	283,026	6,860,799	Form
2	FERBER ALAN		8152025	Sell	11.24	10,927	122,821	617,610	Form
3	Abajian Danny	Chief Financial Officer	6102025	Sell	8.23	1,604	13,202	3,770,484	Form
4	Dickson Paul S.	Pres. & Chief Revenue Officer	6102025	Sell	8.23	2,447	20,128	5,651,363	Form
5	Jurich Lynn Michelle		6102025	Sell	8.23	464	3,820	7,828,497	Form
6	STEELE JEANNA	Chief Legal & People Officer	6102025	Sell	8.23	1,359	11,181	3,647,152	Form
7	Powell Mary	Chief Executive Officer	6102025	Sell	8.23	2,981	24,526	7,443,822	Form
8	Powell Mary	Chief Executive Officer	6032025	Sell	7.09	1,885	13,369	6,437,893	Form
9	Fenster Edward Harris		5132025	Buy	10.87	50,000	543,500	15,306,938	Form
10	Abajian Danny	Chief Financial Officer	4082025	Sell	6.74	16,927	114,135	1,559,468	Form
11	Dickson Paul S.	Pres. & Chief Revenue Officer	4082025	Sell	6.74	19,343	130,459	2,695,972	Form
12	STEELE JEANNA	Chief Legal & People Officer	4082025	Sell	6.74	9,942	67,036	1,963,730	Form
13	Barak Maria	Chief Accounting Officer	4082025	Sell	6.73	2,729	18,379	369,572	Form
14	Powell Mary	Chief Executive Officer	4082025	Sell	6.74	31,197	210,396	3,605,497	Form
15	STEELE JEANNA	Chief Legal & People Officer	3072025	Sell	6.64	1,686	11,199	2,000,588	Form
16	Powell Mary	Chief Executive Officer	3072025	Sell	6.65	2,046	13,598	3,760,556	Form
17	Jurich Lynn Michelle		3072025	Sell	6.64	1,544	10,260	6,291,346	Form
18	Dickson Paul S.	Pres. & Chief Revenue Officer	3072025	Sell	6.65	1,642	10,919	2,786,871	Form
19	Abajian Danny	Chief Financial Officer	3072025	Sell	6.65	1,484	9,869	1,667,382	Form
20	Powell Mary	Chief Executive Officer	3042025	Sell	7.34	1,295	9,512	4,106,046	Form
21	Jurich Lynn Michelle		2202025	Sell	9.10	50,000	454,890	8,567,880	Form
22	Jurich Lynn Michelle		1212025	Sell	9.59	50,000	479,340	9,507,738	Form
23	STEELE JEANNA	Chief Legal & People Officer	1072025	Sell	11.18	2,012	22,491	3,369,107	Form
24	Powell Mary	Chief Executive Officer	1072025	Sell	11.18	4,350	48,621	6,262,876	Form
25	Dickson Paul S.	Pres. & Chief Revenue Officer	1072025	Sell	11.18	2,968	33,175	4,677,736	Form
26	Abajian Danny	Chief Financial Officer	1072025	Sell	11.18	3,734	41,740	2,883,655	Form
27	Jurich Lynn Michelle		12192024	Sell	9.42	50,000	470,900	9,811,230	Form
28	STEELE JEANNA	Chief Legal & People Officer	12102024	Sell	10.34	2,235	23,112	3,137,409	Form
29	Powell Mary	Chief Executive Officer	12102024	Sell	10.34	2,931	30,320	5,841,352	Form
30	Jurich Lynn Michelle		12102024	Sell	10.35	1,837	19,004	11,294,403	Form
31	Dickson Paul S.	Pres. & Chief Revenue Officer	12102024	Sell	10.34	2,406	24,885	4,359,034	Form
32	Abajian Danny	Chief Financial Officer	12102024	Sell	10.34	2,030	20,998	2,727,413	Form
33	Powell Mary	Chief Executive Officer	12032024	Sell	11.66	1,766	20,584	6,615,742	Form
34	Jurich Lynn Michelle		11192024	Sell	9.94	50,000	497,230	10,863,938	Form
35	Jurich Lynn Michelle		10182024	Sell	14.60	50,000	729,900	16,677,427	Form
36	STEELE JEANNA	Chief Legal & People Officer	10072024	Sell	16.35	2,624	42,896	4,996,446	Form
37	Powell Mary	Chief Executive Officer	10072024	Sell	16.34	6,415	104,849	9,305,978	Form
38	Dickson Paul S.	Pres. & Chief Revenue Officer	10072024	Sell	16.35	4,017	65,664	6,928,726	Form
39	Abajian Danny	Chief Financial Officer	10072024	Sell	16.35	4,869	79,606	4,404,441	Form
40	Jurich Lynn Michelle		9192024	Sell	20.13	46,311	932,416	24,082,743	Form
41	Fenster Edward Harris		9112024	Sell	18.01	4,646	83,674	21,662,014	Form
42	STEELE JEANNA	Chief Legal & People Officer	9102024	Sell	18.23	2,357	42,970	5,619,888	Form
43	Powell Mary	Chief Executive Officer	9102024	Sell	18.23	3,410	62,169	10,497,330	Form
44	Jurich Lynn Michelle		9102024	Sell	18.23	1,937	35,321	22,655,879	Form
45	Dickson Paul S.	Pres. & Chief Revenue Officer	9102024	Sell	18.23	2,537	46,259	7,801,847	Form
46	Abajian Danny	Chief Financial Officer	9102024	Sell	18.23	2,141	39,031	5,033,705	Form
47	Powell Mary	Chief Executive Officer	9042024	Sell	18.79	2,148	40,370	10,885,469	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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	2020	2021	2022	2023	2024	2025	Total [1]
Returns
RUN Return	402%	-51%	-30%	-18%	-53%	78%	16%
Peers Return	66%	12%	-6%	15%	19%	54%	271%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%
Monthly Win Rates [3]
RUN Win Rate	83%	17%	50%	50%	33%	62%
Peers Win Rate	63%	62%	43%	55%	45%	72%
S&P 500 Win Rate	58%	75%	42%	67%	75%	62%
Max Drawdowns [4]
RUN Max Drawdown	-39%	-55%	-48%	-63%	-53%	-39%
Peers Max Drawdown	-47%	-14%	-30%	-13%	-17%	-22%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

Sunrun (RUN)

Market Price (9/16/2025): $16.48 | Market Cap: $3.8 BilSector: Industrials | Industry: Building Products

Sunrun (RUN)

Market Price (9/16/2025): $16.48Market Cap: $3.8 BilSector: IndustrialsIndustry: Building Products

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Market Price (9/16/2025): $16.48 | Market Cap: $3.8 Bil
Sector: Industrials | Industry: Building Products

Market Price (9/16/2025): $16.48
Market Cap: $3.8 Bil
Sector: Industrials
Industry: Building Products