SUNC
SunocoCorp LLC
Next earnings ≈ Jul 23, 2026 · est. from filing cadence
Last earnings +2.2% on 2026-05-05
$67.01
▲ +2.93%$67.01▲ +39.15%
over 1Y
L $46.46EODHDH $72.33
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+2.9%
1W+7.0%
1M-0.4%
3M+8.5%
YTD+41.2%
1Y+39.2%
Hold
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 9 analysts
Strong Buy
Pass-through holdco on Sunoco LP post-Parkland — fat distribution promise, but leveraged, structurally complex, and barely profitable.
Revenue $25.2B · FY2025
SunocoCorp is not an operating business — per the 10-K MD&A, it is a Delaware publicly traded LLC whose 'only cash-generating assets are the Sunoco Class D Units,' managed by SunocoCorp Manager which is itself controlled by Energy Transfer. Sunoco GP is 100% owned by Energy Transfer along with all of Sunoco's IDRs (incentive distribution rights), so economic control sits with ET, not SUNC unitholders. The 51.5M SUNC units were created in November 2025 to fund the Parkland acquisition (closed October 31, 2025) — $2.60B cash plus the SUNC units went to Parkland shareholders in exchange for an international fuel distributor operating across 26 countries. This is why FY2025 total assets nearly doubled (+97.3% to $28.4B) and long-term debt jumped +78.7% to $13.4B — the balance sheet is now carrying the Parkland deal and was further loaded in January 2026 with the ~$540M TanQuid terminal acquisition (including ~$300M assumed debt) in Germany/Poland.
Financials · annual, by fiscal year
| Line item | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | $23.1B | $22.7B | $25.2B |
| Gross profit | — | — | — |
| Operating income | $635M | $791M | $935M |
| Net income | $0.00 | $0.00 | -$5.00M |
| Diluted EPS | — | — | -$0.10 |
| Net margin | 0.0% | 0.0% | -0.0% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$15.9B
EV / EBITDA9.8
EV / Sales0.6
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-0.1%
FCF yield—
Quality & risk
ROIC (est.)—
Free cash flow—
Total debt$13.4B
Net cash-$12.5B
Piotroski F-Score4/7
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has been improving.
- 10-Q Quarterly report2026-05-07
Q1 2026 10-Q: first full quarter with Parkland consolidated; debt elevated at ~$13B+
- 8-K Earnings results2026-05-05
Q1 2026 earnings release: first full quarter as standalone SunocoCorp post-Parkland close
- 8-K Reg FD disclosure2026-04-21
Reg FD/other-events update, likely distribution declaration or investor presentation
- 10-K Annual report2026-02-19
FY2025 10-K: assets nearly doubled to $28.4B post-Parkland; thin op margin 3.7%, small loss
- 8-K Earnings results2026-02-17
FY2025 results: revenue +11% to $25.2B but net loss of $5M on Parkland integration
- 8-K/A Amended 8-K2026-01-16
Amended to add Parkland pro forma financials and audited statements required post-close
- 8-K Officer / director change2025-12-10
Officer/director change post-Parkland close (Item 5.02)
- 8-K Auditor change2025-11-03
Closed Parkland acquisition; SUNC listed on NYSE, new charter, auditor and officers
Recent filings
all on EDGAR ↗10-QPeriod ending 2026-03-312026-05-07open ↗8-KPeriod ending 2026-05-052026-05-05open ↗SCHEDULE 13G/AFiling2026-04-27open ↗8-KPeriod ending 2026-04-212026-04-21open ↗4Period ending 2026-03-062026-03-06open ↗4Period ending 2026-03-062026-03-06open ↗SCHEDULE 13GFiling2026-03-06open ↗10-KPeriod ending 2025-12-312026-02-19open ↗8-KPeriod ending 2026-02-172026-02-17open ↗SCHEDULE 13GFiling2026-02-12open ↗SCHEDULE 13GFiling2026-02-05open ↗8-K/APeriod ending 2025-10-312026-01-16open ↗
Frequently asked
- Is SunocoCorp LLC (SUNC) a buy?
- SUNC currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Pass-through holdco on Sunoco LP post-Parkland — fat distribution promise, but leveraged, structurally complex, and barely profitable.
- What is SunocoCorp LLC's quality score?
- SUNC scores 54.88235294117647/100 (grade C-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0002089661, latest 10-Q filed 2026-05-07) · EODHD · analysis by claude-code · as of 6/25/2026, 1:40:58 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.