SUN (Sunoco LP) ROE %: 22.74% (As of Mar. 2026) — Near Median

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SUN Sunoco LP SUN
80 GF Score
Price $73.71
GF Value $52.39
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Sunoco LP ROE %?

Sunoco LP SUN -0.83% 80 ROE % is 22.74% as of Mar. 2026, which is 5% below its 10-year median of 23.90. 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 957 Oil & Gas companies, Sunoco LP ranks better than 55.07% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sunoco LP's annualized net income for the quarter that ended in Mar. 2026 was $1,860 Mil. Sunoco LP's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $8,178 Mil. Therefore, Sunoco LP's annualized ROE % for the quarter that ended in Mar. 2026 was 22.74%.

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

SUN' s ROE % Range Over the Past 10 Years
Min: -36.88   Med: 23.9   Max: 61.82
Current: 7.58

During the past 13 years, Sunoco LP's highest ROE % was 61.82%. The lowest was -36.88%. And the median was 23.90%.

SUN's ROE % is ranked better than
55.07% of 957 companies
in the Oil & Gas industry
Industry Median: 6.14 vs SUN: 7.58

Sunoco LP  (NYSE:SUN) 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
=1860/8178
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1860 / 42760)*(42760 / 29310)*(29310 / 8178)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.35 %*1.4589*3.584
=ROA %*Equity Multiplier
=6.35 %*3.584
=22.74 %

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
=1860/8178
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1860 / 2716) * (2716 / 3460) * (3460 / 42760) * (42760 / 29310) * (29310 / 8178)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6848 * 0.785 * 8.09 % * 1.4589 * 3.584
=22.74 %

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.


Sunoco LP ROE % Related Terms


Sunoco LP ROE % Historical Data

* Premium members only.

The historical data trend for Sunoco LP'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.

Sunoco LP ROE % Chart

Sunoco LP 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 61.82 45.29 32.40 28.38 5.18

Sunoco LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.36 11.04 -6.67 22.74 9.82

SUN vs DINO, PBF, IEP: ROE % Comparison

For the Oil & Gas Refining & Marketing subindustry, Sunoco LP'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.


Sunoco LP ROE % vs Oil & Gas Industry

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

* The bar in red indicates where Sunoco LP's ROE % falls into.


SUN
80GF Score
Sunoco LP SUN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunoco LP ROE % Calculation

Sunoco LP'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 )
=313/( (4068+8009)/ 2 )
=313/6038.5
=5.18 %

Sunoco LP'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 )
=1860/( (8009+8347)/ 2 )
=1860/8178
=22.74 %

* 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 22.74% mean?
Sunoco LP (SUN) has a ROE % of 22.74% 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 Sunoco LP and its competitors. This is near median its historical median of 23.90. According to the industry distribution chart, Sunoco LP ranks #430 out of 957 companies in the Oil & Gas industry, placing it in the top 44.9%.
Is Sunoco LP's ROE % too high?
Sunoco LP's current ROE % of 22.74% is near median its 10-year median of 23.90. The Oil & Gas industry median ROE % is 6.14. Sunoco LP's value of 22.74% is 270.4% above this industry median. Based on the distribution chart, Sunoco LP ranks #430 out of 957 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 ROE % compare to DINO and PBF?
According to the Oil & Gas industry distribution chart, Sunoco LP ranks #430 out of 957 companies for ROE %. This puts Sunoco LP in the upper half of its industry. The industry median ROE % is 6.14. Sunoco LP's value of 22.74% is 270.4% above this benchmark. While the company's 10-year median is 23.90 vs. the industry median of 6.14, 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 ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 6.14, based on 957 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. Sunoco LP's current ROE % of 22.74% is 270.4% 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 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 Sunoco LP and its competitors. For the Oil & Gas industry, the median ROE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunoco LP's current ROE % is 22.74%, which is near median its own 10-year median of 23.90. 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 $73.71 — trading 40.7% above its estimated fair value. The current ROE % is 22.74%, which is near median its 10-year median of 23.90 and 270.4% above the Oil & Gas industry median of 6.14. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Sunoco LP (SUN), the current ROE % is 22.74% 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 $73.71 is trading 40.7% above its estimated GF Value™ of $52.39. GuruFocus considers Sunoco LP to be Significantly Overvalued.

Key valuation signals for SUN:

  • ROE %: 22.74% (near median its 10-year median of 23.90)
  • GF Value™: $52.39 vs. price of $73.71 (40.7% above fair value)
  • GF Score™: 80/100 with 12 warning signs
  • Industry Position: 270.4% above the Oil & Gas median (#430 of 957)

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 Business Description

Industry EnergyOil & Gas
Address 8111 Westchester Drive, Suite 400, Dallas, TX, USA, 75225
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

Get the complete analysis for SUN

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

$73.71
Price
$52.39
GF Value