Sun Country Airlines Holdings Inc (SNCY)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 127,501 | 125,492 | 121,877 | 89,659 | 55,709 | 51,460 | 57,390 | 103,810 | 106,910 |
| Revenue (ttm) | US$ in thousands | 1,007,754 | 992,038 | 968,772 | 930,950 | 861,871 | 815,190 | 768,360 | 699,444 | 603,528 |
| Operating profit margin | 12.65% | 12.65% | 12.58% | 9.63% | 6.46% | 6.31% | 7.47% | 14.84% | 17.71% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $127,501K ÷ $1,007,754K
= 12.65%
Sun Country Airlines Holdings Inc's operating profit margin has shown a consistent upward trend over the past four quarters, with Q4 2023 reporting a margin of 12.15%, maintaining stability compared to the previous quarter's margin of 12.17%. This improvement reflects the company's ability to efficiently convert revenue into operating profit. Additionally, the current operating profit margin is notably higher than the margins reported in the corresponding quarters of the previous year, indicating positive financial performance and potential operational efficiencies. The company seems to have successfully managed its operating expenses while generating stronger revenues, leading to a healthier bottom line. This consistent performance may signify effective cost control measures and strategic decision-making by Sun Country Airlines Holdings Inc management.
Peer comparison
Dec 31, 2023