Suncor Energy (MEX:SUU N) ROE %: 18.55% (As of Mar. 2026) — 74% Above Median


MEX:SUU N Suncor Energy Inc MEX:SUU N
71 GF Score
Price MXN1,090.37
GF Value MXN834.20
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Suncor Energy ROE %?

Suncor Energy MEX:SUU N 71 ROE % is 18.55% as of Mar. 2026, which is 74% above its 10-year median of 10.65. GuruFocus rates MEX:SUU N with a GF Score™ of 71/100 and a GF Value™ of MXN834.20 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 959 Oil & Gas companies, Suncor Energy ranks better than 74.35% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Suncor Energy's annualized net income for the quarter that ended in Mar. 2026 was MXN110,404 Mil. Suncor Energy's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was MXN595,312 Mil. Therefore, Suncor Energy's annualized ROE % for the quarter that ended in Mar. 2026 was 18.55%.

The historical rank and industry rank for Suncor Energy's ROE % or its related term are showing as below:

MEX:SUU N' s ROE % Range Over the Past 10 Years
Min: -11.1   Med: 10.65   Max: 23.89
Current: 14.03

During the past 13 years, Suncor Energy's highest ROE % was 23.89%. The lowest was -11.10%. And the median was 10.65%.

MEX:SUU N's ROE % is ranked better than
74.35% of 959 companies
in the Oil & Gas industry
Industry Median: 5.88 vs MEX:SUU N: 14.03

Suncor Energy  (MEX:SUU N) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=110404.284/595312.2375
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(110404.284 / 810788.044)*(810788.044 / 1196810.533)*(1196810.533 / 595312.2375)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.62 %*0.6775*2.0104
=ROA %*Equity Multiplier
=9.23 %*2.0104
=18.55 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=110404.284/595312.2375
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (110404.284 / 148572.624) * (148572.624 / 152568.208) * (152568.208 / 810788.044) * (810788.044 / 1196810.533) * (1196810.533 / 595312.2375)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7431 * 0.9738 * 18.82 % * 0.6775 * 2.0104
=18.55 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Suncor Energy ROE % Related Terms


Suncor Energy ROE % Historical Data

* Premium members only.

The historical data trend for Suncor Energy's ROE % 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.

Suncor Energy ROE % Chart

Suncor Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.56 22.62 18.87 14.69 12.45

Suncor Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.92 9.97 14.16 12.97 18.55

MEX:SUU N vs XOM, CVX: ROE % Comparison

For the Oil & Gas Integrated subindustry, Suncor Energy's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Suncor Energy's ROE % distribution charts can be found below:

* The bar in red indicates where Suncor Energy's ROE % falls into.


MEX:SUU N
71GF Score
Suncor Energy Inc MEX:SUU N
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suncor Energy ROE % Calculation

Suncor Energy's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=77243.735/( (651625.346+588973.691)/ 2 )
=77243.735/620299.5185
=12.45 %

Suncor Energy's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=110404.284/( (588973.691+601650.784)/ 2 )
=110404.284/595312.2375
=18.55 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 18.55% mean?
Suncor Energy (MEX:SUU N) has a ROE % of 18.55% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Suncor Energy and its competitors. This is 74% above median its historical median of 10.65. According to the industry distribution chart, Suncor Energy ranks #246 out of 959 companies in the Oil & Gas industry, placing it in the top 25.7%.
Is Suncor Energy's ROE % too high?
Suncor Energy's current ROE % of 18.55% is 74% above median its 10-year median of 10.65. The Oil & Gas industry median ROE % is 5.88. Suncor Energy's value of 18.55% is 215.5% above this industry median. Based on the distribution chart, Suncor Energy ranks #246 out of 959 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Suncor Energy has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suncor Energy's ROE % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Suncor Energy ranks #246 out of 959 companies for ROE %. This puts Suncor Energy in the upper half of its industry. The industry median ROE % is 5.88. Suncor Energy's value of 18.55% is 215.5% above this benchmark. While the company's 10-year median is 10.65 vs. the industry median of 5.88, 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 ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.88, based on 959 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Suncor Energy's current ROE % of 18.55% is 215.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Suncor Energy and its competitors. For the Oil & Gas industry, the median ROE % is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suncor Energy's current ROE % is 18.55%, which is 74% above median its own 10-year median of 10.65. 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 (MEX:SUU N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN834.20, compared to a current price of MXN1,090.37 — trading 30.7% above its estimated fair value. The current ROE % is 18.55%, which is 74% above median its 10-year median of 10.65 and 215.5% above the Oil & Gas industry median of 5.88. Suncor Energy's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Suncor Energy (MEX:SUU N), the current ROE % is 18.55% 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 (MEX:SUU N) Overvalued in 2026?

Based on GuruFocus' analysis, Suncor Energy stock appears to be overvalued. The current stock price of MXN1,090.37 is trading 30.7% above its estimated GF Value™ of MXN834.20. GuruFocus considers Suncor Energy to be Significantly Overvalued.

Key valuation signals for MEX:SUU N:

  • ROE %: 18.55% (74% above median its 10-year median of 10.65)
  • GF Value™: MXN834.20 vs. price of MXN1,090.37 (30.7% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 215.5% above the Oil & Gas median (#246 of 959)

No single metric tells the full story. See the MEX:SUU N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suncor Energy Business Description

Industry EnergyOil & Gas
Other Exchanges SU:USASM3:GermanySU:Canada
Address 150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3
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.
71GF Score

Get the complete analysis for MEX:SUU N

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,090.37
Price
MXN834.20
GF Value