Sun Country Airlines Holdings Inc (SNCY)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 105,986 | 97,048 | 103,672 | 126,894 | 127,501 | 125,492 | 121,877 | 89,659 | 55,709 | 51,460 | 57,390 | 103,810 | 106,910 |
| 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 |
| Operating profit margin | 9.81% | 9.34% | 10.09% | 12.41% | 12.65% | 12.65% | 12.58% | 9.63% | 6.46% | 6.31% | 7.47% | 14.84% | 17.71% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $105,986K ÷ $1,080,718K
= 9.81%
The operating profit margin of Sun Country Airlines Holdings Inc has shown fluctuations over the period from December 31, 2021, to December 31, 2024. The margin started at 17.71% in December 2021 and gradually decreased to 6.31% by September 30, 2022. However, there was a slight increase in the operating profit margin to 9.63% by March 31, 2023, and further improvement to 12.65% by December 31, 2023.
Subsequently, the operating profit margin declined to 9.81% by December 31, 2024, after reaching a peak of 12.65% on September 30, 2023. Overall, the trend in the operating profit margin suggests some volatility in the company's profitability over the analyzed period. It is important to continue monitoring these fluctuations to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024