Suncor Energy Inc. (SU) Financial Statements

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Suncor Energy financial statements at a glance

Suncor Energy reported revenue of 54.88 billion CAD for fiscal year 2024 (ended December 31, 2024), up 5.1% from fiscal year 2023. Net income was 6.02 billion CAD, a net margin of 11.0%, and diluted earnings per share were 4.72 CAD.

At the end of fiscal year 2024 it had total assets of 89.78 billion CAD, total liabilities of 45.27 billion CAD and shareholders' equity of 44.51 billion CAD, with cash and short-term investments of 3.48 billion CAD and total debt of 14.69 billion CAD.

Its operations brought in 15.96 billion CAD of cash; capital spending was 6.48 billion CAD, leaving free cash flow of 9.48 billion CAD.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in CAD; latest fiscal year ended December 31, 2024.

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Suncor Energy Inc.

SUCanada
Energy
CAD (Local)

Income Statement

Annual • CAD

Weighted Average Shares (diluted)
1.22B
Prev Year: 1.28B
YoY: -4.4%
Total Revenue
-
Prev Year: 54.88B
Weighted Average Shares (basic)
1.22B
Prev Year: 1.27B
YoY: -4.3%
Cost of Revenue
-
Prev Year: 32.51B
Diluted EPS
4.85
Prev Year: 4.72
YoY: +2.8%
Gross Profit
-
Prev Year: 22.38B
Basic EPS
4.85
Prev Year: 4.72
YoY: +2.8%
Operating Expense
-
Prev Year: 13.34B
Values in CAD

Suncor Energy key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue–54.9B CAD52.2B CAD62.9B CAD39.1B CAD
Gross profit–22.4B CAD21.9B CAD26.9B CAD17.6B CAD
Operating income–9.0B CAD9.0B CAD13.9B CAD6.3B CAD
Net income–6.0B CAD8.3B CAD9.1B CAD4.1B CAD
Diluted EPS4.85 CAD4.72 CAD6.33 CAD6.53 CAD2.77 CAD
Total assets–89.8B CAD88.5B CAD84.6B CAD83.7B CAD
Total liabilities–45.3B CAD45.3B CAD45.3B CAD47.1B CAD
Shareholders' equity–44.5B CAD43.3B CAD39.4B CAD36.6B CAD
Cash and short-term investments–3.5B CAD1.7B CAD2.0B CAD2.2B CAD
Total debt–14.7B CAD15.4B CAD15.6B CAD18.4B CAD
Operating cash flow–16.0B CAD12.3B CAD15.7B CAD11.8B CAD
Capital spending–6.5B CAD5.9B CAD5.1B CAD4.6B CAD
Free cash flow–9.5B CAD6.4B CAD10.6B CAD7.2B CAD

In CAD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was Suncor Energy's revenue in fiscal year 2024?

54.88 billion CAD, up 5.1% from 52.21 billion CAD in fiscal year 2023.

How much profit does Suncor Energy make?

Suncor Energy reported net income of 6.02 billion CAD for fiscal year 2024 (11.0% of revenue); operating income was 9.04 billion CAD.

How much cash and debt does Suncor Energy have?

At the end of fiscal year 2024: cash and short-term investments of 3.48 billion CAD and total debt of 14.69 billion CAD.

What is Suncor Energy's free cash flow?

9.48 billion CAD in fiscal year 2024 (operating cash flow of 15.96 billion CAD minus capital spending of 6.48 billion CAD).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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