Sun Country Airlines Holdings Inc (SNCY)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Operating income | US$ in thousands | 105,986 | 127,500 | 55,708 | 111,947 |
| Revenue | US$ in thousands | 1,091,830 | 1,007,750 | 861,869 | 596,689 |
| Operating profit margin | 9.71% | 12.65% | 6.46% | 18.76% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $105,986K ÷ $1,091,830K
= 9.71%
Sun Country Airlines Holdings Inc's operating profit margin has exhibited fluctuations over the years. In December 31, 2021, the operating profit margin stood at 18.76%, indicating a strong performance in generating profit from operations. However, by December 31, 2022, the margin decreased to 6.46%, signaling a substantial decline in profitability. The margin recovered in December 31, 2023, reaching 12.65%, demonstrating an improvement in operational efficiency. Nonetheless, by December 31, 2024, the operating profit margin decreased again to 9.71%, suggesting a potential challenge in maintaining consistent profitability from core business activities. Overall, the trend in Sun Country Airlines Holdings Inc's operating profit margin highlights the company's ability to generate profits from its operations, with some variability in performance over the analyzed period.
Peer comparison
Dec 31, 2024