Sunoco LP : Reconciliation of SUN Non-GAAP Measures (SUN Q1 2026 Non GAAP Measures)
SUN
Published on 05/05/2026 at 03:51 pm EDT
SUNOCO LP RECONCILIATION OF NON-GAAP MEASURES
The following table presents a reconciliation of net income to Adjusted EBITDA and Adjusted EBITDA to Distributable Cash Flow, as adjusted, for the three months ended March 31, 2026 and 2025:
SUNOCO LP SUPPLEMENTAL INFORMATION
(Dollars and units in millions) (unaudited)
Three Months Ended March 31,
2026
2025
Net income
$ 644
$ 207
Depreciation, amortization and accretion
286
156
Interest expense, net
201
121
Non-cash unit-based compensation expense
6
4
(Gain) loss on disposal of assets and impairment charges
(1)
3
Loss on extinguishment of debt
1
2
Unrealized (gains) losses on commodity derivatives
56
(1)
Inventory valuation adjustments
(444)
(61)
Equity in earnings of unconsolidated affiliates
(42)
(32)
Adjusted EBITDA related to unconsolidated affiliates
69
50
Other non-cash adjustments
47
11
Income tax expense (benefit)
35
(2)
Adjusted EBITDA
858
458
Transaction-related expenses
9
-
Adjusted EBITDA, excluding transaction-related expenses
$ 867
$ 458
Adjusted EBITDA
$ 858
$ 458
Adjusted EBITDA related to unconsolidated affiliates
(69)
(50)
Distributable cash flow from unconsolidated affiliates
69
49
Series A Preferred Units distributions
(30)
-
Cash interest expense
(192)
(118)
Current income tax expense
(17)
(5)
Maintenance capital expenditures
(93)
(24)
Distributable Cash Flow
526
310
Transaction-related expenses and adjustments
9
-
Distributable Cash Flow, as adjusted
$ 535
$ 310
Distributions to Partners:
Limited Partners
$ 187
$ 122
General Partner
71
39
Total distributions to be paid to partners
$ 258
$ 161
Limited Partner units outstanding - end of period
136.9
136.3
Disclaimer
Sunoco LP published this content on May 05, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 05, 2026 at 19:50 UTC.