← Sunoco LP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $8.3b | $11.7b | $17.0b | $16.6b | $10.7b | $17.6b | $25.7b | $23.1b | $22.7b | $25.2b | |
| Cost of Revenue | $7.6b | $10.6b | $15.9b | $15.4b | $9.7b | $16.2b | $24.4b | $21.7b | $20.6b | $22.4b | |
| Cost of sales (excluding items shown separately below) | $7.6b | $10.6b | $15.9b | $15.4b | $9.7b | $16.2b | $24.4b | $21.7b | $20.6b | $22.4b | |
| Total cost of sales and operating expenses | $9.8b | $11.5b | $16.6b | $16.1b | $10.3b | $16.8b | $25.1b | $22.4b | $21.9b | $24.3b | |
| Gross Profit | $837.0m | $1.1b | $1.1b | $1.2b | $1.1b | $1.4b | $1.4b | $1.4b | $2.1b | $2.8b | |
| Operating Costs and Expenses | — | — | $16.6b | — | — | — | — | — | — | — | |
| Operating Expenses | $666.0m | $879.0m | $420.0m | $752.0m | $639.0m | $601.0m | $338.0m | $356.0m | $545.0m | $765.0m | |
| Operating Income (Loss) | $171.0m | $229.0m | $345.0m | $464.0m | $417.0m | $749.0m | $678.0m | $635.0m | $791.0m | $935.0m | |
| Additional Financial Items | |||||||||||
| (Gain) loss on disposal of assets and impairment charges | $225.0m | $114.0m | $19.0m | ($68.0m) | ($2.0m) | $14.0m | $13.0m | $7.0m | ($45.0m) | $6.0m | |
| Amortization of Intangible Assets | $62.0m | $61.0m | $43.0m | $56.0m | $57.0m | $52.0m | $48.0m | $44.0m | $37.0m | $45.0m | |
| CASH DISTRIBUTION PER COMMON UNIT | $3 | $3 | $3 | $3 | $3 | $3 | $3 | $3 | $4 | $4 | |
| Common - diluted | ($5) | $0 | ($3) | $3 | $2 | $5 | $5 | $4 | $6 | $2 | |
| Common units - basic | ($5) | $0 | ($3) | $82.8m | $83.1m | $83.4m | $83.8m | $84.1m | $118.5m | $136.5m | |
| Common units - diluted | $93.6m | $99.7m | $84.8m | $83.6m | $83.7m | $84.4m | $84.8m | $85.1m | $119.3m | $137.2m | |
| Comprehensive income attributable to Class D unitholder | — | — | — | — | — | — | — | $0 | $0 | ($9.0m) | |
| Comprehensive income attributable to Preferred unitholders | — | — | — | — | — | — | — | $0 | $0 | $34.0m | |
| Depreciation, amortization and accretion | $319.0m | $169.0m | $182.0m | $183.0m | $189.0m | $177.0m | $193.0m | $187.0m | $368.0m | $688.0m | |
| Equity in earnings of unconsolidated affiliates | — | $0 | $0 | ($2.0m) | $5.0m | $4.0m | $4.0m | $5.0m | $60.0m | $143.0m | |
| Gain on West Texas Sale | — | — | — | — | — | — | $0 | $0 | $586.0m | $0 | |
| General and administrative | $269.0m | $140.0m | $141.0m | $136.0m | $112.0m | $109.0m | $120.0m | $126.0m | $277.0m | $296.0m | |
| Goodwill, Impairment Loss | $642.0m | $102.0m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | — | — | $2.0m | $5.0m | $4.0m | $4.0m | $5.0m | $60.0m | $143.0m | |
| Loss on extinguishment of debt | $0 | $0 | ($129.0m) | $0 | ($13.0m) | ($36.0m) | $0 | $0 | ($2.0m) | ($31.0m) | |
| Operating Lease, Lease Income | — | — | — | $142.0m | $138.0m | — | — | — | — | — | |
| Other Operating Income | $131.0m | $153.0m | $360.0m | $464.0m | $417.0m | $749.0m | $678.0m | $635.0m | $791.0m | $935.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $0 | $0 | — | $296.0m | $236.0m | — | $0 | $0 | $8.0m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $73.0m | $0 | — | — | — | — | $0 | $0 | $8.0m | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $73.0m | $326.0m | $58.0m | $313.0m | $212.0m | — | $0 | $0 | $8.0m | $0 | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($479.0m) | $0 | — | — | — | — | $0 | $0 | $8.0m | $0 | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($479.0m) | ($177.0m) | ($265.0m) | $0 | $0 | — | $0 | $0 | $8.0m | $0 | |
| INCOME BEFORE INCOME TAXES | ($437.0m) | $296.0m | $236.0m | $554.0m | $501.0m | $430.0m | $1.0b | $589.0m | |||
| Net income (loss) and comprehensive income (loss) | ($406.0m) | $149.0m | — | — | — | — | $475.0m | $394.0m | $874.0m | $527.0m | |
| Net Income (Loss) Attributable to Parent | ($406.0m) | $149.0m | ($207.0m) | $313.0m | $212.0m | $524.0m | $475.0m | $394.0m | $866.0m | $527.0m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($406.0m) | $149.0m | ($207.0m) | $313.0m | $212.0m | $524.0m | $475.0m | $394.0m | $866.0m | $313.0m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | $0 | — | $296.0m | $236.0m | — | $0 | $0 | $8.0m | $0 | |
| Current Income Tax Expense (Benefit) | $31.0m | $2.0m | $28.0m | ($23.0m) | $19.0m | $20.0m | ($2.0m) | $23.0m | $189.0m | $24.0m | |
| General and Administrative Expense | $269.0m | $140.0m | $141.0m | $136.0m | $112.0m | $109.0m | $120.0m | $126.0m | $277.0m | $296.0m | |
| Income tax expense | ($31.0m) | ($306.0m) | $34.0m | ($17.0m) | $24.0m | $30.0m | $26.0m | $36.0m | $175.0m | $62.0m | |
| Interest Expense | $160.0m | $209.0m | $146.0m | $173.0m | $175.0m | $163.0m | $182.0m | $217.0m | $391.0m | $541.0m | |
| Interest expense, net | $189.0m | $209.0m | $146.0m | $173.0m | ($175.0m) | ($163.0m) | ($182.0m) | ($217.0m) | ($391.0m) | ($541.0m) | |
| Lease expense | — | $81.0m | $72.0m | $61.0m | $61.0m | $59.0m | $63.0m | $68.0m | $72.0m | $114.0m | |
| Operating Lease, Expense | — | $81.0m | $72.0m | $61.0m | $61.0m | $59.0m | $63.0m | $68.0m | $72.0m | $114.0m | |
| Other Cost and Expense, Operating | — | $375.0m | — | $304.0m | $275.0m | $270.0m | $338.0m | $356.0m | $545.0m | $765.0m | |
| Other Cost of Operating Revenue | — | $11.0m | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | $1.0m | $7.0m | $5.0m | $83.0m | |
| Income Tax Expense (Benefit) | ($62.0m) | ($306.0m) | $34.0m | ($17.0m) | $24.0m | $30.0m | $26.0m | $36.0m | $175.0m | $62.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.