← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Sunoco LP closed the Parkland acquisition, lifting revenue 11.1% to $25.20B and operating income to $0.94B, while net income fell 39.2% to $0.53B against a 2024 asset-sale gain and total debt rose 78.7%
The read at a glance✓ Audited against SEC data
- Growth — Revenue up 11.1% to $25.20B; Parkland included from October 31OK
- Profitability — Operating margin up 22 bps to 3.71%; net income down 39.2%Note
- Balance sheet — Total debt up 78.7% to $13.37B after ParklandWatch
- Accounting quality — Earnings quality score 80, in its safe rangeOK
- Capital allocation — Quarterly distribution raised to $0.9317 per unitNote
- Control — Managed by a General Partner owned by Energy TransferNote
Business
Sunoco LP is a master limited partnership that distributes motor fuel and runs energy infrastructure across 32 countries and territories in North America, the Greater Caribbean and Europe: over 15 billion gallons a year to about 11,000 branded locations plus dealers and commercial customers, over 14,000 miles of pipeline and over 160 terminals. Energy Transfer owns its General Partner and incentive distribution rights. Most revenue is fuel resold at thin margins, so profit per gallon and fee-based pipeline and terminal income matter more than the revenue line.
Where the revenue comes from
Fiscal 2025, as Sunoco LP reports it. History and quarterly detail are in the app.
- Fuel Distribution$23.9B
- Terminals$1.4B
- Pipeline Systems$751.0M
- Refinery$474.0M
Leadership changes
From Sunoco LP's own filings, the day they're filed.
- Christopher R. Curia · directors · departureeff. 2025-05-01
- Bradley C. Barron · directors · appointment
- W. Brett Smith · directors · appointment
Latest filings
- 8-K · Company announcement2026-09-10
- 8-K · Company announcement2026-08-10
- 10-Q · Quarterly report2026-08-06
- 8-K · Company announcement2026-08-04
- 10-Q · Quarterly report2026-05-07
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Sunoco LP, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
14-day free trial, no credit card. For research purposes only; not investment advice.