Sun Country Airlines Holdings Inc (SNCY)

Net profit margin

		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	72,182	73,821	76,907	52,367	17,676	9,790	12,492	68,591	81,732
Revenue (ttm)	US$ in thousands	1,007,754	992,038	968,772	930,950	861,871	815,190	768,360	699,444	603,528
Net profit margin		7.16%	7.44%	7.94%	5.63%	2.05%	1.20%	1.63%	9.81%	13.54%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $72,182K ÷ $1,007,754K
= 7.16%

From the provided data on Sun Country Airlines Holdings Inc's net profit margin from Q4 2022 to Q4 2023, there are fluctuations observed within this period. The net profit margin measures the company's profitability after all expenses have been deducted, relative to its revenue.

In Q1 2022, the net profit margin was notably high at 9.51%, indicating that the company was efficient in generating profits from its revenue during that quarter. However, in the subsequent quarters of Q2 and Q3 2022, the net profit margin decreased to 1.64% and 1.17% respectively, potentially indicating lower profitability or higher expenses relative to the revenue earned during those periods.

In Q4 2022, there was a slight improvement in the net profit margin to 1.98%, suggesting some recovery in profitability for the company. This trend continued into 2023, with the net profit margin showing further improvements in Q1, Q2, and Q3, reaching 5.44%, 7.66%, and 7.16% respectively.

The highest net profit margin recorded in the given period was in Q2 2023 at 7.66%, indicating that the company was able to effectively control costs and generate profits relative to its revenue during that quarter. Overall, the data reflects fluctuations in Sun Country Airlines Holdings Inc's profitability over the observed period, with improvements seen in the latter quarters of 2022 and into 2023.