earnings
confidence high
sentiment positive
materiality 0.75
Sunoco LP Q4 2025: Adj. EBITDA $646M, DCF $442M; distribution up 1.25%
Sunoco LP
- Net income attributable to SUN was $97M in Q4 2025 vs $141M Q4 2024; full year $527M vs $866M.
- Adjusted EBITDA attributable to SUN Q4 was $646M (excl. $60M one-time costs) vs $439M in Q4 2024.
- Distributable Cash Flow, as adjusted, Q4 2025 was $442M vs $261M; full year $1.38B vs $1.08B.
- Distribution increased 1.25% to $0.9317/unit; targets annual growth of at least 5% for 2026.
- Completed Parkland Corporation acquisition Oct 31, 2025 and TanQuid acquisition Jan 2026; leverage 4.0x.