Sunrun Debt-to-Equity Ratio Growth & History (RUN)
Sunrun's debt-to-equity ratio was 0.20 for fiscal 2025.
View full Sunrun company overviewSunrun annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.20 | −0.07 | −25.64% |
| 2024 | 2024-12-31 | 0.26 | 0.15 | +129.42% |
| 2023 | 2023-12-31 | 0.12 | 0.03 | +39.44% |
| 2022 | 2022-12-31 | 0.08 | −0.00 | −3.57% |
| 2021 | 2021-12-31 | 0.09 | 0.06 | +297.20% |
| 2020 | 2020-12-31 | 0.02 | −2.39 | −99.11% |
| 2019 | 2019-12-31 | 2.41 | 0.52 | +27.65% |
| 2018 | 2018-12-31 | 1.89 | 0.39 | +26.28% |
| 2017 | 2017-12-31 | 1.49 | 0.13 | +9.18% |
| 2016 | 2016-12-31 | 1.37 | 0.36 | +35.71% |
| 2015 | 2015-12-31 | 1.01 | 0.25 | +32.83% |
| 2014 | 2014-12-31 | 0.76 | — | — |
Sunrun quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.16 | −0.04 | −20.10% |
| Q1 2026 | 2026-03-31 | 0.17 | −0.06 | −25.87% |
| Q4 2025 | 2025-12-31 | 0.20 | −0.07 | −25.64% |
| Q3 2025 | 2025-09-30 | 0.19 | 0.05 | +37.21% |
| Q2 2025 | 2025-06-30 | 0.20 | 0.05 | +33.71% |
| Q1 2025 | 2025-03-31 | 0.22 | 0.07 | +46.52% |
| Q4 2024 | 2024-12-31 | 0.26 | 0.15 | +129.42% |
| Q3 2024 | 2024-09-30 | 0.14 | 0.05 | +55.45% |
| Q2 2024 | 2024-06-30 | 0.15 | 0.07 | +97.88% |
| Q1 2024 | 2024-03-31 | 0.15 | 0.08 | +113.85% |
| Q4 2023 | 2023-12-31 | 0.12 | 0.03 | +39.44% |
| Q3 2023 | 2023-09-30 | 0.09 | 0.02 | +30.85% |
| Q2 2023 | 2023-06-30 | 0.07 | 0.00 | +5.31% |
| Q1 2023 | 2023-03-31 | 0.07 | 0.00 | +1.53% |
| Q4 2022 | 2022-12-31 | 0.08 | −0.00 | −3.57% |
| Q3 2022 | 2022-09-30 | 0.07 | −0.02 | −20.00% |
| Q2 2022 | 2022-06-30 | 0.07 | −0.01 | −17.48% |
| Q1 2022 | 2022-03-31 | 0.07 | −0.01 | −15.53% |
| Q4 2021 | 2021-12-31 | 0.09 | 0.06 | +297.20% |
| Q3 2021 | 2021-09-30 | 0.09 | −2.37 | −96.53% |
| Q2 2021 | 2021-06-30 | 0.09 | −2.71 | −96.95% |
| Q1 2021 | 2021-03-31 | 0.08 | −2.79 | −97.10% |
| Q4 2020 | 2020-12-31 | 0.02 | −2.39 | −99.11% |
| Q3 2020 | 2020-09-30 | 2.46 | 0.17 | +7.42% |
| Q2 2020 | 2020-06-30 | 2.80 | 0.56 | +25.30% |
| Q1 2020 | 2020-03-31 | 2.87 | 0.81 | +39.62% |
| Q4 2019 | 2019-12-31 | 2.41 | 0.52 | +27.65% |
| Q3 2019 | 2019-09-30 | 2.29 | 0.63 | +38.08% |
| Q2 2019 | 2019-06-30 | 2.23 | 0.63 | +39.39% |
| Q1 2019 | 2019-03-31 | 2.06 | 0.53 | +35.09% |
| Q4 2018 | 2018-12-31 | 1.89 | 0.39 | +26.28% |
| Q3 2018 | 2018-09-30 | 1.66 | 0.16 | +10.55% |
| Q2 2018 | 2018-06-30 | 1.60 | 0.15 | +10.54% |
| Q1 2018 | 2018-03-31 | 1.52 | 0.12 | +8.83% |
| Q4 2017 | 2017-12-31 | 1.49 | 0.13 | +9.18% |
| Q3 2017 | 2017-09-30 | 1.50 | 0.16 | +12.36% |
| Q2 2017 | 2017-06-30 | 1.45 | 0.16 | +12.25% |
| Q1 2017 | 2017-03-31 | 1.40 | 0.23 | +19.69% |
| Q4 2016 | 2016-12-31 | 1.37 | 0.36 | +35.71% |
| Q3 2016 | 2016-09-30 | 1.33 | 0.47 | +54.05% |
| Q2 2016 | 2016-06-30 | 1.29 | 0.28 | +27.19% |
| Q1 2016 | 2016-03-31 | 1.17 | — | — |
| Q4 2015 | 2015-12-31 | 1.01 | 0.25 | +32.83% |
| Q3 2015 | 2015-09-30 | 0.87 | — | — |
| Q2 2015 | 2015-06-30 | 1.01 | — | — |
| Q4 2014 | 2014-12-31 | 0.76 | — | — |
Sunrun debt-to-equity ratio trends
Over the last five fiscal years, Sunrun's debt-to-equity ratio increased from 0.02 to 0.20, a change of 0.17. The latest reported quarter, Q2 2026, shows 0.16.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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