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Sunoco LPSUN -0.50%80 Return-on-Tangible-Equity is 67.77% as of Mar. 2026, which is 23% below its 10-year median of 88.24. GuruFocus rates SUN with a GF Score™ of 80/100 and a GF Value™ of $52.39 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 944 Oil & Gas companies, Sunoco LP ranks better than 74.15% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Sunoco LP's annualized net income for the quarter that ended in Mar. 2026 was $1,860 Mil. Sunoco LP's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $2,745 Mil. Therefore, Sunoco LP's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 67.77%.
The historical rank and industry rank for Sunoco LP's Return-on-Tangible-Equity or its related term are showing as below:
SUN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.56 Med: 88.24 Max: 162.91
Current: 17.24
During the past 13 years, Sunoco LP's highest Return-on-Tangible-Equity was 162.91%. The lowest was 13.56%. And the median was 88.24%.
SUN's Return-on-Tangible-Equity is ranked better than 74.15% of 944
companies
in the Oil & Gas industry
Industry Median: 6.795
vs SUN: 17.24
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Sunoco LP Return-on-Tangible-Equity Related Terms
Sunoco LP Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sunoco LP's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SUN vs DINO, PBF, IEP: Return-on-Tangible-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Sunoco LP's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sunoco LP Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sunoco LP's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sunoco LP's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 67.77% mean?
Sunoco LP (SUN) has a Return-on-Tangible-Equity of 67.77% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sunoco LP and its competitors. This is 23% below median its historical median of 88.24. Over the past decade, Sunoco LP's Return-on-Tangible-Equity has ranged from 13.56 to 162.91. According to the industry distribution chart, Sunoco LP ranks #244 out of 944 companies in the Oil & Gas industry, placing it in the top 25.8%.
Is Sunoco LP's Return-on-Tangible-Equity too high?
Sunoco LP's current Return-on-Tangible-Equity of 67.77% is 23% below median its 10-year median of 88.24. Over the past 10 years, this metric has ranged from a low of 13.56 to a high of 162.91. The Oil & Gas industry median Return-on-Tangible-Equity is 6.80. Sunoco LP's value of 67.77% is 897.4% above this industry median. Based on the distribution chart, Sunoco LP ranks #244 out of 944 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Sunoco LP has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunoco LP's Return-on-Tangible-Equity compare to DINO and PBF?
According to the Oil & Gas industry distribution chart, Sunoco LP ranks #244 out of 944 companies for Return-on-Tangible-Equity. This puts Sunoco LP in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.80. Sunoco LP's value of 67.77% is 897.4% above this benchmark. Historically, Sunoco LP's own Return-on-Tangible-Equity has ranged from 13.56 to 162.91 over the past decade. While the company's 10-year median is 88.24 vs. the industry median of 6.80, Sunoco LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.80, based on 944 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sunoco LP's current Return-on-Tangible-Equity of 67.77% is 897.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sunoco LP and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunoco LP's current Return-on-Tangible-Equity is 67.77%, which is 23% below median its own 10-year median of 88.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunoco LP stock overvalued right now?
Based on GuruFocus' analysis, Sunoco LP (SUN) is currently considered Significantly Overvalued. The stock's GF Value™ is $52.39, compared to a current price of $73.96 — trading 41.2% above its estimated fair value. The current Return-on-Tangible-Equity is 67.77%, which is 23% below median its 10-year median of 88.24 and 897.4% above the Oil & Gas industry median of 6.80. Sunoco LP's overall GF Score™ is 80/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Sunoco LP (SUN), the current Return-on-Tangible-Equity is 67.77% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sunoco LP (SUN) Overvalued in 2026?
Based on GuruFocus' analysis, Sunoco LP stock appears to be overvalued.
The current stock price of $73.96 is trading 41.2% above its estimated GF Value™ of $52.39.
GuruFocus considers Sunoco LP to be Significantly Overvalued.
Key valuation signals for SUN:
Return-on-Tangible-Equity: 67.77% (23% below median its 10-year median of 88.24)
GF Value™: $52.39 vs. price of $73.96 (41.2% above fair value)
Industry Position: 897.4% above the Oil & Gas median (#244 of 944)
No single metric tells the full story. See the SUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunoco LP is a Delaware limited partnership formed in June 2012 by Susser Holdings Corporation or SUSS. In September 2012, the Company completed its initial public offering. The Company, along with its wholly owned subsidiary, is an independent motor fuel distributor by gallons in Texas, and among the distributors of Valero and Chevron branded motor fuel in the United States. The Company also receives rental income from real estate that it leases or subleases. SUSS operated approximately 580 retail convenience stores under its proprietary Stripes convenience store brand at year-end, mainly in growing Texas markets. Stripes is an independent chain of convenience stores in Texas based on store count and retail motor fuel volumes sold. Its business is integral to the success of SUSS' retail operations, and SUSS purchases substantially all of its motor fuel from the Company. In addition to distributing motor fuel, it also distributes other petroleum products such as propane and lube oil, and receives rental income from real estate that it leases or subleases. The Company purchases motor fuel mainly from independent refiners and oil companies and distributes it throughout Texas and in Louisiana, New Mexico and Oklahoma. The Company competes mainly with other independent motor fuel distributors. The Company is subject to various federal, state and local environmental laws and regulations, including those relating to underground storage tanks; the release or discharge of hazardous materials into the air, water and soil; the generation, storage, handling, use, transportation and disposal of regulated materials; the exposure of persons to regulated materials; and the remediation of contaminated soil and groundwater.
80GF Score
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