Suncor EnergySU +0.09%65 ROA % is 9.22% as of Mar. 2026, which is 86% above its 10-year median of 4.95. GuruFocus rates SU with a GF Score™ of 65/100 and a GF Value™ of $41.52 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,025 Oil & Gas companies, Suncor Energy ranks better than 78.83% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Suncor Energy's annualizedNet Income for the quarter that ended in Mar. 2026 was $6,122 Mil.
Suncor Energy's average Total Assets over the quarter that ended in Mar. 2026 was $66,418 Mil. Therefore, Suncor Energy's annualized ROA % for the quarter that ended in Mar. 2026 was 9.22%.
The historical rank and industry rank for Suncor Energy's ROA % or its related term are showing as below:
SU'
s ROA % Range Over the Past 10 Years
Min: -4.96 Med: 4.95 Max: 10.78
Current: 7.02
During the past 13 years, Suncor Energy's highest ROA % was 10.78%. The lowest was -4.96%. And the median was 4.95%.
SU's ROA % is ranked better than 78.83% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.89
vs SU: 7.02
Suncor Energy (NYSE:SU) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Suncor Energy ROA % Related Terms
Suncor Energy ROA % Historical Data
* Premium members only.
The historical data trend for Suncor Energy's ROA % 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.
For the Oil & Gas Integrated subindustry, Suncor Energy's ROA %, along with its competitors' market caps and ROA % 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.
Suncor Energy ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Suncor Energy's ROA % distribution charts can be found below:
* The bar in red indicates where Suncor Energy's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
Suncor Energy (SU) has a ROA % of 9.22% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Suncor Energy and its competitors. This is 86% above median its historical median of 4.95. According to the industry distribution chart, Suncor Energy ranks #217 out of 1025 companies in the Oil & Gas industry, placing it in the top 21.2%.
Is Suncor Energy's ROA % too high?
Suncor Energy's current ROA % of 9.22% is 86% above median its 10-year median of 4.95. The Oil & Gas industry median ROA % is 1.89. Suncor Energy's value of 9.22% is 387.8% above this industry median. Based on the distribution chart, Suncor Energy ranks #217 out of 1025 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Suncor Energy has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suncor Energy's ROA % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Suncor Energy ranks #217 out of 1025 companies for ROA %. This places Suncor Energy in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 1.89. Suncor Energy's value of 9.22% is 387.8% above this benchmark. While the company's 10-year median is 4.95 vs. the industry median of 1.89, Suncor Energy 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 ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.89, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Suncor Energy's current ROA % of 9.22% is 387.8% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Suncor Energy and its competitors. For the Oil & Gas industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suncor Energy's current ROA % is 9.22%, which is 86% above median its own 10-year median of 4.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncor Energy stock overvalued right now?
Based on GuruFocus' analysis, Suncor Energy (SU) is currently considered Significantly Overvalued. The stock's GF Value™ is $41.52, compared to a current price of $54.51 — trading 31.3% above its estimated fair value. The current ROA % is 9.22%, which is 86% above median its 10-year median of 4.95 and 387.8% above the Oil & Gas industry median of 1.89. Suncor Energy's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Suncor Energy (SU), the current ROA % is 9.22% 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 Suncor Energy (SU) Overvalued in 2026?
Based on GuruFocus' analysis, Suncor Energy stock appears to be overvalued.
The current stock price of $54.51 is trading 31.3% above its estimated GF Value™ of $41.52.
GuruFocus considers Suncor Energy to be Significantly Overvalued.
Key valuation signals for SU:
ROA %: 9.22% (86% above median its 10-year median of 4.95)
GF Value™: $41.52 vs. price of $54.51 (31.3% above fair value)
Industry Position: 387.8% above the Oil & Gas median (#217 of 1025)
No single metric tells the full story. See the SU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suncor Energy Inc is an integrated energy company. The company's operations span the full energy value chain, including oil sands mining and in situ operations, upgrading, offshore production, petroleum refining in Canada and the U.S., marketing and trading, and nationwide PetroCanada retail and wholesale networks delivering reliable energy that fuels economic growth and meets the needs of customers across Canada and globally. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products, & power. The company's operating segments include Oil Sands, Exploration & Production, Refining & Marketing (R&M), & Corporate & eliminations. Geographically, the company generates a majority of its revenue from Canada.
65GF Score
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