Suncor Energy Stock Gross Profit

SU Stock  USD 41.53  0.40  0.97%   
Suncor Energy fundamentals help investors to digest information that contributes to Suncor Energy's financial success or failures. It also enables traders to predict the movement of Suncor Stock. The fundamental analysis module provides a way to measure Suncor Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Suncor Energy stock.
Last ReportedProjected for Next Year
Gross Profit18.8 B10.1 B
Gross Profit Margin 0.38  0.58 
Gross Profit Margin is likely to gain to 0.58 in 2024, whereas Gross Profit is likely to drop slightly above 10.1 B in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Suncor Energy Company Gross Profit Analysis

Suncor Energy's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Suncor Energy Gross Profit

    
  35.89 B  
Most of Suncor Energy's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Suncor Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Suncor Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Suncor Energy is extremely important. It helps to project a fair market value of Suncor Stock properly, considering its historical fundamentals such as Gross Profit. Since Suncor Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Suncor Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Suncor Energy's interrelated accounts and indicators.
0.980.760.740.630.410.980.570.490.960.350.450.880.950.290.250.940.3-0.230.11-0.180.11
0.980.610.860.640.420.910.610.340.920.220.370.810.950.20.230.880.43-0.050.06-0.170.18
0.760.610.150.310.090.860.120.770.830.510.710.840.620.410.170.82-0.2-0.680.18-0.15-0.1
0.740.860.150.660.550.610.74-0.080.590.050.070.450.820.110.170.570.580.320.10.010.17
0.630.640.310.660.910.590.910.090.570.530.290.490.760.530.130.630.17-0.170.440.46-0.49
0.410.420.090.550.910.380.94-0.040.310.560.090.260.610.510.060.410.13-0.110.520.6-0.59
0.980.910.860.610.590.380.50.60.960.460.510.910.910.360.250.940.17-0.390.14-0.170.04
0.570.610.120.740.910.940.5-0.030.450.430.090.390.740.440.140.480.320.060.360.41-0.37
0.490.340.77-0.080.09-0.040.6-0.030.590.330.410.550.340.330.430.58-0.19-0.650.06-0.390.03
0.960.920.830.590.570.310.960.450.590.30.550.960.880.260.240.970.25-0.340.02-0.230.1
0.350.220.510.050.530.560.460.430.330.30.380.30.390.760.040.4-0.54-0.520.750.52-0.66
0.450.370.710.070.290.090.510.090.410.550.380.610.330.62-0.140.58-0.34-0.540.330.26-0.44
0.880.810.840.450.490.260.910.390.550.960.30.610.790.250.180.920.19-0.44-0.07-0.180.04
0.950.950.620.820.760.610.910.740.340.880.390.330.790.270.190.860.33-0.150.16-0.030.01
0.290.20.410.110.530.510.360.440.330.260.760.620.250.270.210.34-0.4-0.450.730.55-0.73
0.250.230.170.170.130.060.250.140.430.240.04-0.140.180.190.210.240.22-0.14-0.08-0.260.15
0.940.880.820.570.630.410.940.480.580.970.40.580.920.860.340.240.2-0.420.17-0.08-0.05
0.30.43-0.20.580.170.130.170.32-0.190.25-0.54-0.340.190.33-0.40.220.20.42-0.49-0.430.56
-0.23-0.05-0.680.32-0.17-0.11-0.390.06-0.65-0.34-0.52-0.54-0.44-0.15-0.45-0.14-0.420.42-0.16-0.060.44
0.110.060.180.10.440.520.140.360.060.020.750.33-0.070.160.73-0.080.17-0.49-0.160.74-0.73
-0.18-0.17-0.150.010.460.6-0.170.41-0.39-0.230.520.26-0.18-0.030.55-0.26-0.08-0.43-0.060.74-0.89
0.110.18-0.10.17-0.49-0.590.04-0.370.030.1-0.66-0.440.040.01-0.730.15-0.050.560.44-0.73-0.89
Click cells to compare fundamentals

Suncor Gross Profit Historical Pattern

Today, most investors in Suncor Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Suncor Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Suncor Energy gross profit as a starting point in their analysis.
   Suncor Energy Gross Profit   
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Suncor Energy reported 35.89 B of gross profit. This is 69.89% lower than that of the Oil, Gas & Consumable Fuels sector and 97.35% lower than that of the Energy industry. The gross profit for all United States stocks is 31.09% lower than that of the firm.

Suncor Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Suncor Energy's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Suncor Energy could also be used in its relative valuation, which is a method of valuing Suncor Energy by comparing valuation metrics of similar companies.
Suncor Energy is currently under evaluation in gross profit category among its peers.

Suncor Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Suncor Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Suncor Energy's managers, analysts, and investors.
Environmental
Governance
Social

Suncor Fundamentals

About Suncor Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Suncor Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Suncor Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Suncor Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Suncor Stock Analysis

When running Suncor Energy's price analysis, check to measure Suncor Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Suncor Energy is operating at the current time. Most of Suncor Energy's value examination focuses on studying past and present price action to predict the probability of Suncor Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suncor Energy's price. Additionally, you may evaluate how the addition of Suncor Energy to your portfolios can decrease your overall portfolio volatility.