Sun Country Airlines Holdings Inc (SNCY)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Net income (ttm)	US$ in thousands	52,903	45,112	50,361	69,167	72,182	73,821	76,907	52,367	17,676	9,790	12,492	68,591	81,732
Revenue (ttm)	US$ in thousands	1,080,718	1,039,171	1,027,174	1,022,640	1,007,754	992,038	968,772	930,950	861,871	815,190	768,360	699,444	603,528
Net profit margin		4.90%	4.34%	4.90%	6.76%	7.16%	7.44%	7.94%	5.63%	2.05%	1.20%	1.63%	9.81%	13.54%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $52,903K ÷ $1,080,718K
= 4.90%

The net profit margin of Sun Country Airlines Holdings Inc has been fluctuating over the reported periods. The trend shows that the net profit margin declined from 13.54% on December 31, 2021, to a low of 1.20% on September 30, 2022. However, there was a gradual improvement in the net profit margin in the subsequent quarters, reaching 7.94% on June 30, 2023.

After reaching its peak of 7.94% in June 30, 2023, the net profit margin exhibited some fluctuations but generally remained above 4%, indicating a reasonable level of profitability for the company. The net profit margin settled at 4.90% on December 31, 2024, which is slightly below the peak recorded in June 30, 2023.

Overall, the trend in the net profit margin suggests some level of stability in the company's ability to generate profits relative to its revenue over the reported periods. It is important for Sun Country Airlines Holdings Inc to continue monitoring and managing its expenses effectively to sustain and potentially improve its profitability in the future.