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Sunoco LP

Rank #424Op. LeverageWatchlistCompare with other stocks

SUN · TXSE · Energy

Sunoco LP (SUN) — Rank #424 by gross profitability (GP/assets 0.09) · ROE — · Piotroski F-Score N/A.

As-of 2026-10-30 · CIK 0001552275 · all metrics point-in-time as of the filing date.

About

Sunoco LP, together with its subsidiaries, engages in the energy infrastructure and distribution of motor fuels in the United States.

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It operates in four segments: Fuel Distribution, Pipeline Systems, Refinery, and Terminals. The Fuel Distribution segment distributes motor fuels and other petroleum products, such as propane and lubricating oil to third-party dealers and distributors, independent operators of commission agent locations, other commercial consumers of motor fuel, and retail locations; and leases real estate properties. This segment also offers non-fuel products, including in-store merchandise and company-operated retail stores food services, as well as credit card processing, car washes, lottery, and other services. The Pipeline Systems segment includes an integrated pipeline and terminal network comprising refined product, crude oil, and ammonia pipelines and terminals. The Terminals segment operates transmix processing facilities and refined product terminals; and provides blending, additive injections, handling, and filtering services. The company was formerly known as Susser Petroleum Partners LP and changed its name to Sunoco LP in 2014.

Sunoco LP was founded in 1960 and is based in Dallas, Texas.

Industry
Oil & Gas Refining & Marketing
Sector
Energy
State
OK
Filer Category
Large accelerated filer
Fiscal Year End
December 31

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

8,910

Industry

Oil & Gas Refining & Marketing

Exchange

TXSE

6/7

Flags passed

SUN fails 1 critical flag

Passes 6 of 7 quality flags

  • FAIL
    Balance sheet deteriorating

    Net cash collapsed with receivables or inventory outpacing revenue

  • PASS
    Gross margin holding
  • PASS
    Disclosure consistent
  • PASS
    Revenue not declining
  • PASS
    Operating margin holding
  • PASS
    Passes safety gate
  • PASS
    SBC not compressing margin

Strengths Revenue growth accelerating · Operating leverage expanding · Deferred revenue growing

No data Dilution · FCF vs investment · Free cash flow · Competitive position · Valuation — not counted as a pass.

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.09
Return on equity
—
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
—
Current ratio
1.29×
Net cash
-$12.48B

Cash Flow

1/1 pass
Positive FCF
N/A
Cash-backed earnings
N/A
Accruals healthy
PASS
SBC / revenue
0.1%

Growth

1/1 pass
Revenue growth
11.1%
Piotroski F-Score
N/A
Share dilution
—

Operating margin expansion and free cash flow are the primary reads at this stage.

Profitability

Does it make money well?

No warning flags · GP/assets 0.09

Gross profitability (GP / assets)

0.09

Primary signal (Novy-Marx).

3rd of 5 SIC 2911 peers

Return on equity

—

Gross margin

11.1%

3rd of 5 SIC 2911 peers

Revenue growth (YoY)

11.1%

RPO growth (YoY)

-10.7%

Remaining performance obligations growth — RPO > revenue = forward demand building.

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

-0.7%

Revenue CAGR (5Y)

18.7%

Earnings CAGR (3Y)

3.5%

FCF CAGR (3Y)

—

Cash Flow Health

Is the cash real?

No data

Free cash flow

—

Operating cash flow minus capex.

Positive free cash flow

N/A

FCF vs net income

—

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

N/A

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.1%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

Warning: Balance sheet deteriorating · net debt $12.48B

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

—

Current ratio

1.29×

3rd of 5 SIC 2911 peers

Quick ratio

0.79×

Net cash

-$12.48B

Cash & equivalents minus total debt.

Piotroski F-Score

N/A

Only 8/9 components determinable.

Valuation

Is the price reasonable?

No data

Capital allocation quality

Composite score

1.0 / 5

Weak
Share count trend
N/A0/5 Weak
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory
-18.0%0/5 Weak

Lifecycle Phase History

20202025
Value
Hypergrowth
Op. Leverage

Price History

SUN+195.5% · +24.1% CAGRSPY+82.9% · +12.8% CAGR

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports