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Sunoco SUN Gain (loss) on extinguishment of debt

Gain (loss) on extinguishment of debt at other companies

FAN
Diamondback EnergyFANG
-$1M
Energy Transfer logo
Energy TransferET
-$7M-250%
HF Sinclair logo
HF SinclairDINO

Other financials

Income statement

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Revenue$10.7B+106%
Gross profit$1.7B+159%
Operating income$866.0M+193%
Net income$644.0M+211%
EPS (diluted)$2.85+136%

Balance sheet

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Cash & equivalents$718.0M+317%
Total debt$16.0B+91.4%
Total assets$30.3B+111%

Cash flow

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Operating cash flow$454.0M+191%
CapEx$199.0M+97.0%
Free cash flow$255.0M+364%

Valuation

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Market cap$11.96B+54.8%
Enterprise value$27.2B+71.0%
P/E12.4×+3.2×
P/S0.4×0.0×

Profitability

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Gross margin12.5%+2.3pp
Operating margin4.9%+1.4pp
Net margin3.1%-0.6pp
FCF margin2.7%

Returns & leverage

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Current ratio1.4×-0.2×

Where this comes from

Reported directly by Sunoco in its filing.

Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.

The official record: Sunoco’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sunoco's gain (loss) on extinguishment of debt?
Sunoco (SUN) reported gain (loss) on extinguishment of debt of -$1M in Q1 2026.
How has Sunoco's gain (loss) on extinguishment of debt changed year-over-year?
Sunoco's gain (loss) on extinguishment of debt increased by 50.0% year-over-year, from -$2M to -$1M.
What is the long-term trend for Sunoco's gain (loss) on extinguishment of debt?
Over 4 years (2021 to 2025), Sunoco's gain (loss) on extinguishment of debt has grown at a -3.7% compound annual growth rate (CAGR), from -$36M to -$31M.
What does gain (loss) on extinguishment of debt mean?
The financial impact of paying off debt earlier than the original due date.
How do you interpret gain (loss) on extinguishment of debt?
A loss on extinguishment is common during refinancing to lower future interest costs, while a gain may indicate favorable market debt pricing.
How does gain (loss) on extinguishment of debt compare across companies?
Standard across capital-intensive industries managing long-term debt profiles.