Sunoco LP Profit Margin 2011-2023 | SUN
Current and historical gross margin, operating margin and net profit margin for Sunoco LP (SUN) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Sunoco LP net profit margin as of December 31, 2023 is 1.71%.
| Sunoco LP Annual Profit Margins |
| Sunoco LP Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil Refining & Marketing MLP |
$5.483B |
$23.068B |
|
Sunoco LP is a master limited partnership. The partnership's prime business comprises the distribution of motor fuel to customers that include independent dealers, commercial customers, convenience stores as well as distributors. Sunoco?GP LLC, a general partner of the partnership, is owned by Energy Transfer Operating LP - an affiliate of Energy Transfer LP. In general, after buying motor fuel from refiners, Sunoco sells the fuel to customers, which determines the partnership's profit. Moreover, the partnership leases real estate that is used by motor retailers to distribute motor fuel, which generates rental income.
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