Sunoco LP

SUNdata completeness 75%15 fiscal years on file
i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$17.6B1$25.7B2$23.1B3$22.7B3$25.2B3
Net income$524M4$475M4$394M5$866M5$527M5
Operating cash flow$543M6$561M7$600M8$549M8$1.19B8
Capital expenditure$157M9$186M9$215M10$344M10$577M10
Free cash flow (derived)$386M6,9$375M7,9$385M8,10$205M8,10$615M8,10
Total debt$2.67B11$2.67B11$3.58B12$7.48B13$13.4B13
Cash & equivalents$25M14$82M15$29M15$94M16$891M16
Diluted shares—————

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom). A derived or summed figure cites every filing line it was built from.

iii. Is this a good business?
Moat signal · return on equity
— avg · 5y

Not enough data in the filings for a return-on-capital reading.

seeing a moat in the numbers →
Management signal · capital allocation
— shares · 5y

Total debt has risen 401% over the same window.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.6.0
not applicable
no diluted share count — cannot compute per-share value
not applicable
no diluted share count — cannot compute per-share value
not applicable
no diluted share count
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Beyond this page

This page is free, and so is every other company on MeritValue.

In your AI assistant

Connect the MeritValue MCP server to Claude or another MCP client, ask about Sunoco LP, and get these exact figures with their filing receipts — not an improvised DCF.

Get a free key →
Screen by model

Pull the companies with a published value under any model (up to 500 a request, filtered by data completeness) into your own sheet or agent. Screening is what Analyst adds, at $9/month.

See pricing →
On iPhone

Follow SUN and keep your own price beside the value. The same engine, with the same receipts.

MeritValue on the App Store →
Sources — the receipts
  1. 10-K filed 2024-02-16 · period ending 2021-12-31 · accession 0001552275-24-000013 (Revenues)
  2. 10-K filed 2025-02-14 · period ending 2022-12-31 · accession 0001552275-25-000019 (Revenues)
  3. 10-K filed 2026-02-19 · periods ending 2023-12-31, 2024-12-31, 2025-12-31 · accession 0001552275-26-000021 (Revenues)
  4. 10-K filed 2024-02-16 · periods ending 2021-12-31, 2022-12-31 · accession 0001552275-24-000013 (NetIncomeLoss)
  5. 10-K filed 2026-02-19 · periods ending 2023-12-31, 2024-12-31, 2025-12-31 · accession 0001552275-26-000021 (NetIncomeLoss)
  6. 10-K filed 2024-02-16 · period ending 2021-12-31 · accession 0001552275-24-000013 (NetCashProvidedByUsedInOperatingActivities)
  7. 10-K filed 2025-02-14 · period ending 2022-12-31 · accession 0001552275-25-000019 (NetCashProvidedByUsedInOperatingActivities)
  8. 10-K filed 2026-02-19 · periods ending 2023-12-31, 2024-12-31, 2025-12-31 · accession 0001552275-26-000021 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K filed 2023-02-17 · periods ending 2021-12-31, 2022-12-31 · accession 0001552275-23-000010 (PaymentsToAcquirePropertyPlantAndEquipment)
  10. 10-K filed 2026-02-19 · periods ending 2023-12-31, 2024-12-31, 2025-12-31 · accession 0001552275-26-000021 (PaymentsForCapitalImprovements)
  11. 10-K filed 2023-02-17 · periods ending 2021-12-31, 2022-12-31 · accession 0001552275-23-000010 (LongTermDebt)
  12. 10-K filed 2025-02-14 · period ending 2023-12-31 · accession 0001552275-25-000019 (LongTermDebt)
  13. 10-K filed 2026-02-19 · periods ending 2024-12-31, 2025-12-31 · accession 0001552275-26-000021 (LongTermDebt)
  14. 10-K filed 2022-02-18 · period ending 2021-12-31 · accession 0001552275-22-000019 (CashAndCashEquivalentsAtCarryingValue)
  15. 10-K filed 2025-02-14 · periods ending 2022-12-31, 2023-12-31 · accession 0001552275-25-000019 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  16. 10-K filed 2026-02-19 · periods ending 2024-12-31, 2025-12-31 · accession 0001552275-26-000021 (CashAndCashEquivalentsAtCarryingValue)