Suncor Historical Income Statement

SU Stock  USD 39.48  0.07  0.18%   
Historical analysis of Suncor Energy income statement accounts such as Gross Profit of 23 B, Other Operating Expenses of 54.8 B or Operating Income of 10.1 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.
  
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 Income Before Tax is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 994.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.7 B in 2024.

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.
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 Income Before Tax is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 994.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.7 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit19.5B28.8B21.9B23.0B
Total Revenue39.1B58.3B52.2B54.8B

Suncor Energy income statement Correlations

0.760.650.440.30.440.0-0.040.350.520.28-0.06-0.38-0.01-0.160.560.10.16-0.02-0.44-0.280.56
0.760.620.30.240.32-0.03-0.050.240.330.27-0.11-0.4-0.04-0.290.230.17-0.020.11-0.58-0.590.58
0.650.620.380.380.340.130.080.320.340.320.09-0.350.13-0.050.30.15-0.050.09-0.52-0.30.42
0.440.30.380.950.940.810.820.960.960.840.79-0.230.790.70.250.71-0.020.66-0.38-0.530.26
0.30.240.380.950.810.920.910.970.820.740.89-0.310.880.810.070.78-0.110.77-0.33-0.480.14
0.440.320.340.940.810.630.680.850.980.950.64-0.050.670.50.310.650.040.56-0.49-0.620.36
0.0-0.030.130.810.920.630.990.910.630.570.98-0.290.950.93-0.110.83-0.170.86-0.16-0.36-0.06
-0.04-0.050.080.820.910.680.990.910.660.650.99-0.190.970.91-0.110.86-0.160.88-0.2-0.41-0.05
0.350.240.320.960.970.850.910.910.860.770.89-0.290.90.760.110.86-0.080.81-0.41-0.540.23
0.520.330.340.960.820.980.630.660.860.860.63-0.140.640.530.410.590.070.5-0.39-0.530.35
0.280.270.320.840.740.950.570.650.770.860.610.080.660.410.150.67-0.010.59-0.58-0.710.34
-0.06-0.110.090.790.890.640.980.990.890.630.61-0.120.990.91-0.180.85-0.220.85-0.22-0.36-0.04
-0.38-0.4-0.35-0.23-0.31-0.05-0.29-0.19-0.29-0.140.08-0.12-0.09-0.17-0.23-0.16-0.12-0.240.030.19-0.26
-0.01-0.040.130.790.880.670.950.970.90.640.660.99-0.090.84-0.210.91-0.230.87-0.35-0.440.06
-0.16-0.29-0.050.70.810.50.930.910.760.530.410.91-0.170.84-0.080.61-0.180.690.16-0.09-0.3
0.560.230.30.250.070.31-0.11-0.110.110.410.15-0.18-0.23-0.21-0.08-0.180.61-0.230.110.04-0.03
0.10.170.150.710.780.650.830.860.860.590.670.85-0.160.910.61-0.18-0.060.95-0.55-0.580.17
0.16-0.02-0.05-0.02-0.110.04-0.17-0.16-0.080.07-0.01-0.22-0.12-0.23-0.180.61-0.06-0.130.020.25-0.24
-0.020.110.090.660.770.560.860.880.810.50.590.85-0.240.870.69-0.230.95-0.13-0.39-0.510.0
-0.44-0.58-0.52-0.38-0.33-0.49-0.16-0.2-0.41-0.39-0.58-0.220.03-0.350.160.11-0.550.02-0.390.66-0.64
-0.28-0.59-0.3-0.53-0.48-0.62-0.36-0.41-0.54-0.53-0.71-0.360.19-0.44-0.090.04-0.580.25-0.510.66-0.6
0.560.580.420.260.140.36-0.06-0.050.230.350.34-0.04-0.260.06-0.3-0.030.17-0.240.0-0.64-0.6
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Suncor Energy Account Relationship Matchups

Suncor Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization10.6B7.7B6.2B9.1B6.4B3.3B
Interest Expense1.3B1.3B1.3B1.2B786M411.9M
Selling General Administrative11.2B9.9B11.4B12.8B8.5B4.7B
Total Revenue39.9B24.7B39.1B58.3B52.2B54.8B
Gross Profit15.2B6.0B19.5B28.8B21.9B23.0B
Other Operating Expenses37.6B30.2B32.5B44.1B52.2B54.8B
Operating Income2.3B(5.3B)6.7B14.4B9.6B10.1B
Ebit2.3B(5.1B)6.5B13.2B11.4B11.9B
Ebitda12.9B2.5B12.6B22.3B17.8B18.7B
Cost Of Revenue24.7B18.6B19.6B29.6B30.3B31.8B
Total Operating Expenses12.9B11.5B12.9B14.5B21.9B23.0B
Income Before Tax2.5B(6.1B)5.6B12.3B10.6B11.1B
Total Other Income Expense Net206M(458M)(449M)(4.8B)947M994.4M
Net Income2.9B(4.3B)4.1B9.1B8.3B8.7B
Income Tax Expense(366M)(1.8B)1.5B3.2B2.3B2.4B
Net Income From Continuing Ops2.9B(4.3B)4.1B9.1B8.2B8.6B
Net Income Applicable To Common Shares2.9B(4.3B)4.1B9.1B10.4B11.0B
Tax Provision(366M)(1.8B)1.5B3.2B2.5B2.6B
Interest Income5M567M852M100M118M112.1M
Net Interest Income(989M)(1.0B)(1.3B)(1.1B)(1.3B)(1.3B)
Reconciled Depreciation10.6B9.5B5.9B8.8B6.3B8.2B

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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.