Sunoco LP (SUN) Key Metrics

NYSE: SUNValuation, returns, debt and efficiency ratios over 10 years.

SUN valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$13.80B
Enterprise value
$28.21B
P/E (TTM)
16.2
10-yr median 12.3
Forward P/E
38.2
PEG ratio
8.54
Price / sales
0.3
10-yr median 0.2
Price / book
1.7
10-yr median 3.2
EV / EBITDA
9.5
10-yr median 11.1
Dividend yield
3.98%
$4.01 a year
Beta
0.43

SUN key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

SUN valuation Price multiples at each fiscal year-end price.

P/E ratio+59.1%
13.6
2025 · hover or tap a bar for each year
2017: 19.02019: 10.92020: 17.8 (+64.0%)2021: 7.7 (−56.7%)2022: 9.2 (+19.1%)2023: 16.4 (+78.1%)2024: 8.6 (−47.7%)2025: 13.6 (+59.1%)
20162025
Price / sales+5.5%
0.3
2025 · hover or tap a bar for each year
2016: 0.3 (+57.3%)2017: 0.2 (−4.1%)2018: 0.1 (−43.8%)2019: 0.2 (+13.5%)2020: 0.2 (+46.0%)2021: 0.2 (−12.9%)2022: 0.1 (−27.5%)2023: 0.2 (+55.6%)2024: 0.3 (+22.4%)2025: 0.3 (+5.5%)
20162025
Price / book−40.5%
0.9
2025 · hover or tap a bar for each year
2016: 1.1 (+202.8%)2017: 1.3 (+10.0%)2018: 2.9 (+133.4%)2019: 3.4 (+14.7%)2020: 3.8 (+13.0%)2021: 4.3 (+11.5%)2022: 3.9 (−8.7%)2023: 5.2 (+34.4%)2024: 1.5 (−71.1%)2025: 0.9 (−40.5%)
20162025
EV / EBITDA−9.9%
12.3
2025 · hover or tap a bar for each year
2017: 17.82018: 12.4 (−30.1%)2019: 9.5 (−23.5%)2020: 10.1 (+5.6%)2021: 8.1 (−19.1%)2022: 8.8 (+8.7%)2023: 11.1 (+25.3%)2024: 13.7 (+23.6%)2025: 12.3 (−9.9%)
20162025
Price / free cash flow−61.0%
11.7
2025 · hover or tap a bar for each year
2016: 35.52017: 9.5 (−73.1%)2019: 8.92020: 6.4 (−28.4%)2021: 9.3 (+46.6%)2022: 9.7 (+4.3%)2023: 13.2 (+35.9%)2024: 29.9 (+126.1%)2025: 11.7 (−61.0%)
20162025
Free cash flow yield+5.2 pts
8.6%
2025 · hover or tap a bar for each year
2016: 2.8% (+8.5 pts)2017: 10.5% (+7.7 pts)2018: −6.2% (−16.6 pts)2019: 11.2% (+17.4 pts)2020: 15.7% (+4.5 pts)2021: 10.7% (−5.0 pts)2022: 10.3% (−0.4 pts)2023: 7.5% (−2.7 pts)2024: 3.3% (−4.2 pts)2025: 8.6% (+5.2 pts)
20162025

SUN valuation history

Fiscal year-endToday10-year median

SUN returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

SUN debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

SUN cash returned to shareholders

DividendsBuybacksFree cash flow

SUN price vs earnings per share

Share price at year-endEPS (right axis)

SUN key metrics

2016–2025
Sunoco LP key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$7.19B$6.14B$5.10B$3.66B$3.45B$2.41B$2.56B$2.31B$2.83B$2.52B
Enterprise value$22.41B$14.04B$9.18B$7.69B$7.22B$5.98B$6.16B$5.24B$7.09B$6.93B
P/E ratio13.68.616.49.27.717.810.9—19.0—
Price / sales0.30.30.20.10.20.20.20.10.20.3
Price / book0.91.55.23.94.33.83.42.91.31.1
Price / free cash flow11.729.913.29.79.36.48.9—9.535.5
Price / operating cash flow6.011.28.56.56.34.85.9—6.54.5
EV / sales0.90.60.40.30.40.60.40.30.60.7
EV / EBITDA12.313.711.18.88.110.19.512.417.8—
EV / free cash flow36.468.523.920.519.615.821.5—23.997.6
Earnings yield7.3%11.7%6.1%10.9%12.9%5.6%9.2%−9.0%5.3%−16.1%
Free cash flow yield8.6%3.3%7.5%10.3%10.7%15.7%11.2%−6.2%10.5%2.8%
Dividend yield9.1%9.2%7.3%9.8%10.4%14.7%13.8%16.6%15.2%17.3%
Shareholder yield (dividends + buybacks)9.1%22.0%7.3%9.8%10.4%14.7%13.8%40.0%15.2%17.3%
Share price at fiscal year-end$52.41$51.44$59.93$43.10$40.83$28.78$30.60$27.19$28.40$26.89
Per share
Revenue per share$183.68$190.15$271.09$303.39$208.39$127.93$198.63$200.35$117.55$106.68
Earnings per share$3.84$6.00$3.65$4.68$5.28$1.61$2.81−$2.44$1.49−$4.34
Operating cash flow per share$8.69$4.60$7.05$6.62$6.43$6.00$5.21−$0.44$4.40$5.99
Free cash flow per share$4.48$1.72$4.52$4.42$4.37$4.52$3.43−$1.67$2.98$0.76
Cash per share$6.49$0.79$0.34$0.97$0.30$1.16$0.25$0.66$0.28$1.10
Book value per share$58.38$34.09$11.49$11.11$9.60$7.55$9.07$9.24$22.53$23.46
Tangible book value per share$18.75$17.13−$13.69−$14.70−$15.38−$18.16−$17.27−$17.48$0.49−$17.92
Dividends per share$4.79$4.74$4.36$4.23$4.23$4.23$4.22$4.52$4.32$4.66
Capex per share$4.21$2.88$2.53$2.19$2.06$1.48$1.77$1.24$1.42$5.23
Debt per share$117.42$67.03$48.34$48.58$44.94$43.83$43.34$35.19$43.02$48.22
Shares outstanding137.2M119.3M85.1M84.8M84.4M83.7M83.6M84.8M99.7M93.6M
Change in shares outstanding+15.0%+40.2%+0.3%+0.4%+0.9%+0.2%−1.5%−14.9%+6.5%+86.1%
Returns & profitability
Return on equity (ROE)8.7%28.4%32.4%45.3%61.8%19.4%30.5%−13.7%6.7%−10.9%
Return on invested capital (ROIC)4.7%7.7%11.6%13.4%16.1%8.8%11.5%4.3%3.5%1.7%
Return on assets (ROA)2.5%6.7%4.5%6.3%8.0%2.5%4.6%−3.1%1.7%−4.6%
Return on tangible assets2.3%5.8%6.6%8.5%12.0%4.3%7.3%−7.9%2.4%−8.4%
Free cash flow margin2.4%0.9%1.7%1.5%2.1%3.5%1.7%−0.8%2.5%0.7%
Income quality (OCF / net income)2.260.771.931.411.223.721.85—2.95—
Financial health
Total debt$16.11B$8.00B$4.11B$4.12B$3.79B$3.67B$3.62B$2.98B$4.29B$4.51B
Cash & short-term investments$891.0M$94.0M$29.0M$82.0M$25.0M$97.0M$21.0M$56.0M$28.0M$103.0M
Net debt$15.22B$7.91B$4.08B$4.04B$3.77B$3.57B$3.60B$2.93B$4.26B$4.41B
Debt / equity2.011.974.214.374.685.814.783.811.912.06
Debt / assets0.570.560.600.600.650.700.670.610.510.52
Net debt / EBITDA8.377.704.934.644.256.005.566.9610.68—
Current ratio1.381.271.401.411.341.301.241.053.741.20
Quick ratio0.780.720.760.830.740.710.680.613.390.68
Interest coverage1.72.02.93.74.82.42.72.31.10.9
Working capital$1.52B$518.0M$554.0M$577.0M$302.0M$194.0M$180.0M$40.0M$3.33B$216.0M
Invested capital$23.23B$11.97B$5.06B$4.98B$4.58B$4.20B$4.36B$3.71B$6.51B$6.61B
Tangible asset value$2.58B$2.04B−$1.17B−$1.25B−$1.30B−$1.52B−$1.44B−$1.48B$49.0M−$1.68B
Net current asset value−$14.83B−$7.84B−$3.94B−$3.93B−$3.81B−$3.79B−$3.76B−$3.19B−$1.55B−$5.19B
Graham number$71.03$67.83$30.74$34.21$33.79$16.55$23.96—$27.52—
Graham net-net per share−$122.36−$73.80−$55.72−$55.91−$51.03−$49.18−$49.56−$41.78−$53.49−$60.99
Capital allocation
Dividends paid$657.0M$566.0M$371.0M$359.0M$357.0M$354.0M$353.0M$383.0M$431.0M$436.0M
Share buybacks (net)$0$784.0M$0$0—$0$0$540.0M$0$0
Dividend payout ratio124.7%79.1%119.3%90.4%80.0%262.2%150.2%—289.3%—
Dividends + buybacks / free cash flow106.8%658.5%96.4%95.7%96.7%93.7%123.0%—145.1%614.1%
Capex / revenue2.3%1.5%0.9%0.7%1.0%1.2%0.9%0.6%1.2%4.9%
Capex / operating cash flow48.4%62.7%35.8%33.2%32.0%24.7%34.0%—32.3%87.3%
Capex / depreciation0.840.931.150.960.980.660.810.580.842.78
Stock-based compensation / revenue0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.2%0.1%
SG&A / revenue1.2%1.2%0.8%0.7%1.0%1.6%1.2%1.3%1.9%4.1%
Efficiency
Days sales outstanding22.716.414.110.28.812.29.011.919.315.7
Days of inventory on hand27.317.014.310.110.214.99.39.116.913.8
Days payables outstanding33.721.317.312.39.314.112.412.719.913.9
Cash conversion cycle (days)16.212.111.18.09.613.06.08.316.315.6
Receivables turnover16.0822.2725.9035.6641.7029.8740.3830.7018.9423.27
Payables turnover10.8217.1021.1229.7739.0625.8729.5028.6718.3626.28
Inventory turnover13.3921.4225.6036.2335.8624.5839.2540.1321.5926.53
Asset turnover1.182.143.374.063.182.003.222.571.381.14
Average receivables$1.57B$1.02B$890.5M$721.5M$422.0M$358.5M$411.0M$553.5M$619.0M$429.2M
Average payables$2.13B$1.23B$1.04B$824.5M$420.5M$380.5M$527.5M$560.0M$587.5M$525.0M
Average inventory$1.73B$978.5M$855.0M$677.5M$458.0M$400.5M$396.5M$400.0M$499.5M$520.1M
Intangibles / total assets19.2%14.1%31.3%31.9%36.3%40.9%40.5%46.5%26.3%44.5%

Computed from SUN's annual financial statements (latest annual report filed February 19, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

SUN valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Sunoco traded at 13.6 times earnings, against a 10-year median of 12.3. Based on the latest twelve months, the trailing P/E is 16.2 and the forward P/E is 38.2. Sunoco earned a return on equity of 8.7% and a return on invested capital of 4.7% in fiscal 2025. It ended the year with $16.1 billion of debt and $891.0 million in cash and short-term investments, net debt of $15.2 billion. It returned $657.0 million to shareholders: $657.0 million in dividends and $0 in share buybacks, 107% of free cash flow. The share count rose 46.6% from 93.6M to 137.2M over 9 years.

See the SUN income statement, the SUN chart for price history, or the SUN stock overview for the latest quote and news.

SUN key metrics FAQ

What is Sunoco's P/E ratio?

Sunoco's trailing P/E ratio is 16.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 38.2. At the end of fiscal 2025 it was 13.6, compared with a 10-year median of 12.3.

What is Sunoco's EV/EBITDA?

Sunoco's enterprise value was 12.3 times EBITDA at the end of fiscal 2025 (enterprise value $22.4 billion, EBITDA $1.8 billion); the current EV/EBITDA is 9.5.

What is Sunoco's return on equity?

Sunoco's return on equity (ROE) was 8.7% in fiscal 2025: net income of $527.0 million on average shareholders' equity of $6.0 billion.

What is Sunoco's ROIC?

Sunoco's return on invested capital was 4.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Sunoco have?

Sunoco had total debt of $16.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 2.01 and $15.2 billion of net debt (8.37 times EBITDA).

What is Sunoco's dividend yield?

Sunoco's forward dividend yield is 3.98%. Sunoco paid $657.0 million in dividends in fiscal 2025 ($4.79 per share), a payout ratio of 124.7%.

What is Sunoco's free cash flow yield?

Sunoco generated $615.0 million of free cash flow in fiscal 2025, a free cash flow yield of 8.6% on its market value at year-end ($7.2 billion).

What is Sunoco's current ratio?

Sunoco's current ratio was 1.38 at the end of fiscal 2025: current assets were 1.38 times current liabilities.

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