Question 1

What is Sunrun's EV/EBITDA ratio?

Accepted Answer

Sunrun (RUN) EV/EBITDA ratio is 23.7× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Sunrun?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Sunrun specifically, the relevant sector benchmark is the current sector median of 10.1×.

Question 5

Is Sunrun's EV/EBITDA ratio high or low?

Accepted Answer

Sunrun's EV/EBITDA ratio of 23.7× is below its own 5-year average of 241.5× and above the sector median of 10.1×. That places the current reading at the 1th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Sunrun's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Sunrun (RUN) EV/EBITDA ratio has ranged from a low of 23.6× in 2026 to a high of 712.3× in 2022. The 5-year average is 241.5× and the 5-year median is 147.8×.

Question 7

What was Sunrun's EV/EBITDA ratio in 2025?

Accepted Answer

Sunrun (RUN) EV/EBITDA ratio at the end of 2025 was 30.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Sunrun's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$4.28B	$597.32M	30.0×	—	Dec 31, 2025
2024	$2.08B	−$2.91B	—	—	Dec 31, 2024
2023	$4.29B	−$1.51B	—	—	Dec 31, 2023
2022	$5.13B	$49.51M	265.7×	—	Dec 31, 2022
2021	$7.00B	−$255.46M	—	—	Dec 31, 2021
2020	$13.35B	−$213.98M	—	—	Dec 31, 2020
2019	$1.63B	−$37.83M	—	—	Dec 31, 2019
2018	$1.22B	$37.43M	84.2×	—	Dec 31, 2018
2017	$628.57M	−$48.69M	—	—	Dec 31, 2017
2016	$549.61M	−$109.93M	—	—	Dec 31, 2016
2015	$1.19B	−$165.37M	—	—	Dec 31, 2015
2014	$853.72M	−$90.47M	—	—	Dec 31, 2014


Enphase Energy (ENPH)	22.3×
Williams Companies (WMB)	16.7×
Enbridge (ENB)	14.5×
Kinder Morgan (KMI)	14.1×
Targa Resources (TRGP)	14.0×
Baker Hughes (BKR)	13.6×
Diamondback Energy (FANG)	12.9×
Exxon Mobil (XOM)	12.4×
SLB (SLB)	12.1×
ONEOK (OKE)	11.5×
Chevron (CVX)	11.1×
Halliburton (HAL)	10.1×
Energy Transfer LP (ET)	9.3×
Valero Energy (VLO)	8.7×
Marathon Petroleum (MPC)	8.4×
Phillips 66 (PSX)	8.3×
First Solar (FSLR)	8.2×
ConocoPhillips (COP)	8.0×
National Fuel Gas (NFG)	7.4×
Occidental Petroleum (OXY)	6.8×
EOG Resources (EOG)	6.7×
EQT (EQT)	6.1×
Devon Energy (DVN)	5.4×
Expand Energy (EXE)	4.1×
APA (APA)	3.4×

EV/EBITDA for Sunrun (RUN)

EV/EBITDA daily chart for Sunrun (RUN)

Historical EV/EBITDA for Sunrun (RUN) from 2014 to 2025

About EV/EBITDA at Sunrun (RUN)

Sunrun EV/EBITDA by Year

Sunrun EV/EBITDA 2025: 30.0×

Sunrun EV/EBITDA 2022: 265.7×

Sunrun EV/EBITDA 2018: 84.2×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Sunrun (RUN) Key Financials

EV/EBITDA daily chart for Sunrun (RUN)

Historical EV/EBITDA for Sunrun (RUN) from 2014 to 2025

About EV/EBITDA at Sunrun (RUN)

Sunrun EV/EBITDA by Year

Sunrun EV/EBITDA 2025: 30.0×

Sunrun EV/EBITDA 2022: 265.7×

Sunrun EV/EBITDA 2018: 84.2×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is Sunrun's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for Sunrun?

+Is Sunrun's EV/EBITDA ratio high or low?

+What is Sunrun's historical EV/EBITDA ratio range?

+What was Sunrun's EV/EBITDA ratio in 2025?

+Why does Sunrun's EV/EBITDA ratio change over time?

Sunrun (RUN) Key Financials