Sunrun Inc
Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. The company sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. It offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes. Its primary cust… Read more
Sunrun Inc (RUN) - Net Assets
Latest net assets as of December 2025: $4.98 Billion USD
Based on the latest financial reports, Sunrun Inc (RUN) has net assets worth $4.98 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($24.18 Billion) and total liabilities ($19.19 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.98 Billion |
| % of Total Assets | 20.61% |
| Annual Growth Rate | 25.31% |
| 5-Year Change | -34.18% |
| 10-Year Change | 369.26% |
| Growth Volatility | 94.77 |
Sunrun Inc - Net Assets Trend (2013–2025)
This chart illustrates how Sunrun Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sunrun Inc (2013–2025)
The table below shows the annual net assets of Sunrun Inc from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $4.98 Billion | +19.69% |
| 2024-12-31 | $4.16 Billion | -39.77% |
| 2023-12-31 | $6.91 Billion | -15.47% |
| 2022-12-31 | $8.18 Billion | +8.01% |
| 2021-12-31 | $7.57 Billion | +3.89% |
| 2020-12-31 | $7.29 Billion | +345.02% |
| 2019-12-31 | $1.64 Billion | +16.25% |
| 2018-12-31 | $1.41 Billion | +9.25% |
| 2017-12-31 | $1.29 Billion | +21.44% |
| 2016-12-31 | $1.06 Billion | +31.66% |
| 2015-12-31 | $806.70 Million | +45.99% |
| 2014-12-31 | $552.57 Million | +66.25% |
| 2013-12-31 | $332.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunrun Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 32422.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $23.00K | 0.00% |
| Other Comprehensive Income | $63.10 Million | 2.01% |
| Other Components | $6.90 Billion | 220.25% |
| Total Equity | $3.13 Billion | 100.00% |
Sunrun Inc Competitors by Market Cap
The table below lists competitors of Sunrun Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vontobel Holding AG
PINK:VONHF
|
$2.66 Billion |
|
Torrent Power Limited
NSE:TORNTPOWER
|
$2.66 Billion |
|
Komercní banka a.s.
PINK:KMERF
|
$2.66 Billion |
|
PGE Polska Grupa Energetyczna S.A
PINK:PPOEF
|
$2.66 Billion |
|
CCR S.A
SA:CCRO3
|
$2.66 Billion |
|
China International Marine Containers (Group) Co. Ltd
F:OCM
|
$2.65 Billion |
|
Ideaya Biosciences Inc
NASDAQ:IDYA
|
$2.65 Billion |
|
Keppel DC REIT
OTCGREY:KPDCF
|
$2.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunrun Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,554,207,000 to 3,132,484,000, a change of 578,277,000 (22.6%).
- Net income of 449,947,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 23,711,000.
- Other factors increased equity by 152,041,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $449.95 Million | +14.36% |
| Other Comprehensive Income | $-23.71 Million | -0.76% |
| Other Changes | $152.04 Million | +4.85% |
| Total Change | $- | 22.64% |
Book Value vs Market Value Analysis
This analysis compares Sunrun Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.39x to 1.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $2.08 | $13.29 | x |
| 2014-12-31 | $4.10 | $13.29 | x |
| 2015-12-31 | $10.06 | $13.29 | x |
| 2016-12-31 | $6.41 | $13.29 | x |
| 2017-12-31 | $7.50 | $13.29 | x |
| 2018-12-31 | $8.10 | $13.29 | x |
| 2019-12-31 | $7.79 | $13.29 | x |
| 2020-12-31 | $43.54 | $13.29 | x |
| 2021-12-31 | $30.49 | $13.29 | x |
| 2022-12-31 | $30.61 | $13.29 | x |
| 2023-12-31 | $24.14 | $13.29 | x |
| 2024-12-31 | $11.49 | $13.29 | x |
| 2025-12-31 | $11.55 | $13.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunrun Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.36%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.22%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 7.72x
- Recent ROE (14.36%) is above the historical average (-9.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -0.73% | -2.19% | 0.04x | 8.03x | $-17.70 Million |
| 2014 | -21.81% | -35.68% | 0.10x | 5.96x | $-103.34 Million |
| 2015 | -5.10% | -9.27% | 0.11x | 4.94x | $-83.65 Million |
| 2016 | 13.62% | 20.20% | 0.13x | 5.31x | $24.39 Million |
| 2017 | 15.34% | 23.51% | 0.13x | 4.84x | $43.33 Million |
| 2018 | 2.81% | 3.51% | 0.16x | 5.01x | $-68.21 Million |
| 2019 | 2.73% | 3.07% | 0.15x | 6.02x | $-70.14 Million |
| 2020 | -2.85% | -18.80% | 0.06x | 2.37x | $-781.19 Million |
| 2021 | -1.27% | -4.93% | 0.10x | 2.64x | $-704.90 Million |
| 2022 | 2.58% | 7.47% | 0.12x | 2.87x | $-497.44 Million |
| 2023 | -30.68% | -71.00% | 0.11x | 3.91x | $-2.13 Billion |
| 2024 | -111.43% | -139.67% | 0.10x | 7.79x | $-3.10 Billion |
| 2025 | 14.36% | 15.22% | 0.12x | 7.72x | $136.70 Million |
Industry Comparison
This section compares Sunrun Inc's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $424,642,617
- Average return on equity (ROE) among peers: 1.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunrun Inc (RUN) | $4.98 Billion | -0.73% | 3.85x | $2.66 Billion |
| ABCO Energy Inc (ABCE) | $-190.65K | 0.00% | 0.00x | $11.90K |
| Advantagewon Oil Corporation (ANTGF) | $-1.30 Million | 0.00% | 0.00x | $547.13K |
| Advanced Powerline Technologies Inc (APWL) | $6.31 Million | -45.47% | 0.40x | $1.82 |
| Array Technologies Inc (ARRY) | $-25.72 Million | 0.00% | 0.00x | $972.65 Million |
| Ascent Solar Technologies, Inc. Common Stock (ASTI) | $139.62 Million | -9.47% | 0.10x | $18.06 Million |
| Beam Global (BEEM) | $-1.41 Million | 0.00% | 0.00x | $26.89 Million |
| Clear Blue Technologies International Inc (CBUTF) | $-215.24K | 0.00% | 0.00x | $834.08K |
| China Changjiang Mining & New Energy Co Ltd (CHJI) | $924.23K | 64.84% | 0.83x | $2.91K |
| Canadian Solar Inc (CSIQ) | $4.15 Billion | 0.87% | 2.26x | $868.69 Million |
| Complete Solaria, Inc. Common Stock (CSLR) | $-21.39 Million | 0.00% | 0.00x | $89.72 Million |