Suncor Historical Income Statement

SU Stock

USD 41.53 0.40 0.97%

Historical analysis of Suncor Energy income statement accounts such as Gross Profit of 10.1 B, Other Operating Expenses of 42.4 B or Operating Income of 9.1 B can show how well Suncor Energy performed in making a profits. Evaluating Suncor Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Suncor Energy's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Suncor Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Suncor Energy is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncor Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.

About Suncor Income Statement Analysis

Suncor Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Suncor Energy shareholders. The income statement also shows Suncor investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Suncor Energy Income Statement Chart

At this time, Suncor Energy's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income is likely to gain to about 8.7 B in 2024, whereas Gross Profit is likely to drop slightly above 10.1 B in 2024.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Preferred Stock And Other Adjustments Tax Provision

Total Revenue

Total revenue comprises all receipts Suncor Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Suncor Energy minus its cost of goods sold. It is profit before Suncor Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Suncor Energy. It is also known as Suncor Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most accounts from Suncor Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Suncor Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncor Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.At this time, Suncor Energy's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income is likely to gain to about 8.7 B in 2024, whereas Gross Profit is likely to drop slightly above 10.1 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	19.5B	28.8B	18.8B	10.1B
Total Revenue	39.1B	58.3B	49.1B	51.5B

Gross Profit Total Revenue

Suncor Energy income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Net Income From Continuing Ops	Selling And Marketing Expenses	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.7	0.59	0.63	0.4	0.78	0.14	0.15	0.53	0.73	0.68	0.12	-0.22	0.18	-0.07	0.49	0.32	0.16	0.17	-0.61	-0.5	0.69
Interest Expense	0.7		0.62	0.32	0.34	0.44	-0.02	-0.05	0.24	0.33	0.65	-0.11	-0.39	-0.04	-0.29	0.23	0.17	-0.02	0.11	-0.58	-0.59	0.58
Selling General Administrative	0.59	0.62		0.4	0.5	0.47	0.14	0.08	0.31	0.34	0.73	0.09	-0.34	0.13	-0.05	0.3	0.15	-0.05	0.09	-0.52	-0.3	0.42
Total Revenue	0.63	0.32	0.4		0.82	0.96	0.8	0.81	0.95	0.95	0.67	0.78	-0.16	0.77	0.7	0.27	0.69	-0.02	0.64	-0.36	-0.5	0.26
Gross Profit	0.4	0.34	0.5	0.82		0.71	0.81	0.72	0.78	0.63	0.78	0.71	-0.43	0.67	0.72	0.16	0.55	-0.1	0.57	-0.16	-0.24	0.02
Other Operating Expenses	0.78	0.44	0.47	0.96	0.71		0.58	0.61	0.84	0.98	0.75	0.57	-0.11	0.58	0.48	0.41	0.53	0.06	0.45	-0.41	-0.51	0.38
Operating Income	0.14	-0.02	0.14	0.8	0.81	0.58		0.98	0.89	0.61	0.33	0.97	-0.22	0.94	0.93	-0.11	0.8	-0.17	0.84	-0.13	-0.32	-0.07
Ebit	0.15	-0.05	0.08	0.81	0.72	0.61	0.98		0.92	0.66	0.25	0.99	-0.06	0.97	0.91	-0.11	0.86	-0.16	0.88	-0.2	-0.41	-0.05
Ebitda	0.53	0.24	0.31	0.95	0.78	0.84	0.89	0.92		0.86	0.49	0.89	-0.14	0.91	0.76	0.1	0.87	-0.07	0.82	-0.41	-0.55	0.23
Cost Of Revenue	0.73	0.33	0.34	0.95	0.63	0.98	0.61	0.66	0.86		0.6	0.63	-0.01	0.64	0.53	0.41	0.59	0.07	0.5	-0.39	-0.53	0.35
Total Operating Expenses	0.68	0.65	0.73	0.67	0.78	0.75	0.33	0.25	0.49	0.6		0.22	-0.38	0.21	0.22	0.4	0.16	0.03	0.13	-0.29	-0.25	0.27
Income Before Tax	0.12	-0.11	0.09	0.78	0.71	0.57	0.97	0.99	0.89	0.63	0.22		0.0	0.99	0.91	-0.18	0.85	-0.22	0.85	-0.22	-0.36	-0.04
Total Other Income Expense Net	-0.22	-0.39	-0.34	-0.16	-0.43	-0.11	-0.22	-0.06	-0.14	-0.01	-0.38	0.0		0.04	-0.09	-0.22	-0.01	-0.12	-0.1	-0.07	0.05	-0.21
Net Income	0.18	-0.04	0.13	0.77	0.67	0.58	0.94	0.97	0.91	0.64	0.21	0.99	0.04		0.84	-0.21	0.91	-0.23	0.87	-0.35	-0.44	0.06
Income Tax Expense	-0.07	-0.29	-0.05	0.7	0.72	0.48	0.93	0.91	0.76	0.53	0.22	0.91	-0.09	0.84		-0.08	0.61	-0.18	0.69	0.16	-0.09	-0.3
Research Development	0.49	0.23	0.3	0.27	0.16	0.41	-0.11	-0.11	0.1	0.41	0.4	-0.18	-0.22	-0.21	-0.08		-0.18	0.61	-0.23	0.11	0.04	-0.03
Net Income From Continuing Ops	0.32	0.17	0.15	0.69	0.55	0.53	0.8	0.86	0.87	0.59	0.16	0.85	-0.01	0.91	0.61	-0.18		-0.06	0.95	-0.55	-0.58	0.17
Selling And Marketing Expenses	0.16	-0.02	-0.05	-0.02	-0.1	0.06	-0.17	-0.16	-0.07	0.07	0.03	-0.22	-0.12	-0.23	-0.18	0.61	-0.06		-0.13	0.02	0.25	-0.24
Tax Provision	0.17	0.11	0.09	0.64	0.57	0.45	0.84	0.88	0.82	0.5	0.13	0.85	-0.1	0.87	0.69	-0.23	0.95	-0.13		-0.39	-0.51	0.0
Interest Income	-0.61	-0.58	-0.52	-0.36	-0.16	-0.41	-0.13	-0.2	-0.41	-0.39	-0.29	-0.22	-0.07	-0.35	0.16	0.11	-0.55	0.02	-0.39		0.66	-0.64
Net Interest Income	-0.5	-0.59	-0.3	-0.5	-0.24	-0.51	-0.32	-0.41	-0.55	-0.53	-0.25	-0.36	0.05	-0.44	-0.09	0.04	-0.58	0.25	-0.51	0.66		-0.6
Reconciled Depreciation	0.69	0.58	0.42	0.26	0.02	0.38	-0.07	-0.05	0.23	0.35	0.27	-0.04	-0.21	0.06	-0.3	-0.03	0.17	-0.24	0.0	-0.64	-0.6

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Suncor Energy Account Relationship Matchups

Suncor Energy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	10.6B	7.7B	6.2B	9.1B	7.0B	7.3B
Interest Expense	1.3B	1.3B	1.3B	1.2B	786M	411.9M
Selling General Administrative	11.2B	9.9B	11.4B	12.8B	8.5B	4.7B
Total Revenue	39.9B	24.7B	39.1B	58.3B	49.1B	51.5B
Gross Profit	15.2B	6.0B	19.5B	28.8B	18.8B	10.1B
Other Operating Expenses	37.6B	30.2B	32.5B	44.1B	40.4B	42.4B
Operating Income	2.3B	(5.3B)	6.7B	14.4B	8.7B	9.1B
Ebit	2.3B	(5.1B)	6.5B	13.2B	11.4B	11.9B
Ebitda	12.9B	2.5B	12.6B	22.3B	18.3B	19.2B
Cost Of Revenue	24.7B	18.6B	19.6B	29.6B	30.3B	31.8B
Total Operating Expenses	12.9B	11.5B	12.9B	14.5B	10.9B	7.1B
Income Before Tax	2.5B	(6.1B)	5.6B	12.3B	10.6B	11.1B
Total Other Income Expense Net	206M	(458M)	(449M)	(4.8B)	1.9B	2.0B
Net Income	2.9B	(4.3B)	4.1B	9.1B	8.3B	8.7B
Income Tax Expense	(366M)	(1.8B)	1.5B	3.2B	2.3B	2.4B
Net Income From Continuing Ops	2.9B	(4.3B)	4.1B	9.1B	8.2B	8.6B
Net Income Applicable To Common Shares	2.9B	(4.3B)	4.1B	9.1B	10.4B	11.0B
Tax Provision	(366M)	(1.8B)	1.5B	3.2B	2.5B	2.6B
Interest Income	5M	567M	852M	100M	118M	112.1M
Net Interest Income	(989M)	(1.0B)	(1.3B)	(1.1B)	(1.3B)	(1.3B)
Reconciled Depreciation	10.6B	9.5B	5.9B	8.8B	6.3B	8.2B

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Suncor Historical Income Statement

About Suncor Income Statement Analysis

Suncor Energy Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Tax Provision

Suncor Energy income statement Correlations

Suncor Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Suncor Energy income statement Accounts

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Income Before Tax	+ 0.99	Ebit
Net Income	+ 0.99	Income Before Tax
Cost Of Revenue	+ 0.98	Other Operating Expenses
Ebit	+ 0.98	Operating Income
Income Before Tax	+ 0.97	Operating Income
Net Income	+ 0.97	Ebit

Reconciled Depreciation	- 0.64	Interest Income
Interest Income	- 0.61	Depreciation And Amortization
Reconciled Depreciation	- 0.6	Net Interest Income
Net Interest Income	- 0.59	Interest Expense
Net Interest Income	- 0.58	Net Income From Continuing Ops
Interest Income	- 0.58	Interest Expense