NOVA vs. RUN
Compare and contrast key facts about Sunnova Energy International Inc. (NOVA) and Sunrun Inc. (RUN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOVA or RUN.
Correlation
The correlation between NOVA and RUN is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NOVA vs. RUN - Performance Comparison
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Key characteristics
NOVA:
-0.63
RUN:
-0.06
NOVA:
-1.52
RUN:
0.53
NOVA:
0.80
RUN:
1.07
NOVA:
-0.96
RUN:
-0.07
NOVA:
-1.52
RUN:
-0.15
NOVA:
62.94%
RUN:
44.70%
NOVA:
150.89%
RUN:
88.01%
NOVA:
-99.67%
RUN:
-94.13%
NOVA:
-99.61%
RUN:
-88.30%
Fundamentals
NOVA:
$27.22M
RUN:
$2.80B
NOVA:
-$2.96
RUN:
-$12.21
NOVA:
0.03
RUN:
1.34
NOVA:
0.01
RUN:
1.07
NOVA:
$903.15M
RUN:
$2.08B
NOVA:
$418.79M
RUN:
$352.80M
NOVA:
$206.75M
RUN:
-$3.06B
Returns By Period
In the year-to-date period, NOVA achieves a -93.86% return, which is significantly lower than RUN's 22.05% return.
NOVA
-93.86%
19.66%
-94.23%
-94.99%
-76.99%
-56.84%
N/A
RUN
22.05%
64.82%
12.79%
-5.05%
-21.20%
-6.63%
N/A
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Risk-Adjusted Performance
NOVA vs. RUN — Risk-Adjusted Performance Rank
NOVA
RUN
NOVA vs. RUN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sunnova Energy International Inc. (NOVA) and Sunrun Inc. (RUN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
NOVA vs. RUN - Dividend Comparison
Neither NOVA nor RUN has paid dividends to shareholders.
Drawdowns
NOVA vs. RUN - Drawdown Comparison
The maximum NOVA drawdown since its inception was -99.67%, which is greater than RUN's maximum drawdown of -94.13%. Use the drawdown chart below to compare losses from any high point for NOVA and RUN. For additional features, visit the drawdowns tool.
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Volatility
NOVA vs. RUN - Volatility Comparison
Sunnova Energy International Inc. (NOVA) has a higher volatility of 40.22% compared to Sunrun Inc. (RUN) at 29.71%. This indicates that NOVA's price experiences larger fluctuations and is considered to be riskier than RUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
NOVA vs. RUN - Financials Comparison
This section allows you to compare key financial metrics between Sunnova Energy International Inc. and Sunrun Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NOVA vs. RUN - Profitability Comparison
NOVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Sunnova Energy International Inc. reported a gross profit of 99.34M and revenue of 224.13M. Therefore, the gross margin over that period was 44.3%.
RUN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Sunrun Inc. reported a gross profit of 98.84M and revenue of 504.27M. Therefore, the gross margin over that period was 19.6%.
NOVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Sunnova Energy International Inc. reported an operating income of -43.90M and revenue of 224.13M, resulting in an operating margin of -19.6%.
RUN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Sunrun Inc. reported an operating income of -114.89M and revenue of 504.27M, resulting in an operating margin of -22.8%.
NOVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Sunnova Energy International Inc. reported a net income of -142.29M and revenue of 224.13M, resulting in a net margin of -63.5%.
RUN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Sunrun Inc. reported a net income of 50.01M and revenue of 504.27M, resulting in a net margin of 9.9%.