Sun Country Airlines Holdings Inc (SNCY)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | |
|---|---|---|---|---|
| Gross profit margin | 36.50% | 34.11% | 27.56% | 31.31% |
| Operating profit margin | 9.71% | 12.65% | 6.46% | 18.76% |
| Pretax margin | 6.37% | 9.34% | 2.78% | 16.81% |
| Net profit margin | 4.85% | 7.16% | 2.05% | 13.62% |
Sun Country Airlines Holdings Inc's profitability ratios have shown fluctuations over the years. The gross profit margin has experienced an upward trend, increasing from 27.56% in 2022 to 36.50% in 2024, indicating the company's ability to efficiently generate revenue after accounting for the cost of goods sold.
However, the operating profit margin and net profit margin have been more volatile. The operating profit margin decreased significantly from 18.76% in 2021 to 6.46% in 2022, before recovering to 9.71% in 2024. Similarly, the net profit margin fell from 13.62% in 2021 to 2.05% in 2022, and further decreased to 4.85% in 2024.
The pretax margin also displays variability, declining from 16.81% in 2021 to 2.78% in 2022, before climbing back to 6.37% in 2024.
Overall, Sun Country Airlines Holdings Inc's profitability ratios demonstrate a mixed performance in recent years, with improvements in gross profit margin but fluctuations in operating profit margin, pretax margin, and net profit margin. The company may need to focus on optimizing operational efficiency and cost management to stabilize and enhance its profitability in the future.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | |
|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.50% | 7.85% | 3.65% | 8.11% |
| Return on assets (ROA) | 3.25% | 4.45% | 1.16% | 5.89% |
| Return on total capital | 13.09% | 16.25% | 6.99% | 17.15% |
| Return on equity (ROE) | 9.28% | 14.03% | 3.59% | 16.56% |
Sun Country Airlines Holdings Inc's profitability ratios show variations over the analyzed period. The Operating return on assets (Operating ROA) decreased from 8.11% in 2021 to 3.65% in 2022 but then improved to 7.85% in 2023 and slightly reduced to 6.50% in 2024. The Return on assets (ROA) followed a similar trend, declining from 5.89% in 2021 to 1.16% in 2022, then recovering to 4.45% in 2023 and decreasing slightly to 3.25% in 2024.
The Return on total capital exhibited a downward trend, starting at 17.15% in 2021, dropping to 6.99% in 2022, increasing to 16.25% in 2023, and declining to 13.09% in 2024. Similarly, the Return on equity (ROE) decreased from 16.56% in 2021 to 3.59% in 2022, then rose to 14.03% in 2023 and decreased to 9.28% in 2024.
Overall, while the company experienced fluctuations in its profitability ratios, it is essential for stakeholders to monitor these metrics closely to assess the company's financial health and performance over time.