---
schema_version: "secwatch.filing_event.v1"
accession: "0001552275-26-000015"
form_type: "8-K"
ticker: "SUN"
cik: "0001552275"
company_name: "Sunoco LP"
filed_at: "2026-02-17T23:59:59+00:00"
generated_at: "2026-05-16T02:25:22.230969+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sunoco LP Q4 2025: Adj. EBITDA $646M, DCF $442M; distribution up 1.25%

## Summary
- 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.

## SEC filing metadata
- accession: 0001552275-26-000015
- form_type: 8-K
- ticker: SUN
- cik: 0001552275
- company_name: Sunoco LP
- filed_at: 2026-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552275/000155227526000015/0001552275-26-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552275/000155227526000015/sun-20260217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552275-26-000015
- JSON: https://secwatch.observer/filing/0001552275-26-000015.json
- Plain text: https://secwatch.observer/filing/0001552275-26-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.