Sun Country Airlines Holdings Inc (SNCY)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 1,630,180 | 1,609,860 | 1,603,890 | 1,639,080 | 1,623,630 | 1,601,070 | 1,634,620 | 1,581,730 | 1,524,410 | 1,521,440 | 1,506,740 | 1,419,590 | 1,380,420 |
| Operating ROA | 6.50% | 6.03% | 6.46% | 7.74% | 7.85% | 7.84% | 7.46% | 5.67% | 3.65% | 3.38% | 3.81% | 7.31% | 7.74% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $105,986K ÷ $1,630,180K
= 6.50%
Sun Country Airlines Holdings Inc's operating return on assets (ROA) has fluctuated over the period from December 31, 2021, to December 31, 2024. The operating ROA has ranged from a low of 3.38% on September 30, 2022, to a high of 7.85% on December 31, 2023.
The trend in operating ROA shows some variability, with peaks and troughs observed throughout the periods. Generally, there has been a slight decrease in the operating ROA in the most recent quarters compared to the earlier period. However, it is worth noting that the operating ROA remained above 6% for most of the period, indicating that Sun Country Airlines Holdings Inc has been able to generate positive returns from its assets to support its operations.
Overall, the operating ROA of Sun Country Airlines Holdings Inc reflects the company's ability to effectively utilize its assets to generate operating profits, although there is some fluctuation in performance over the analyzed period.
Peer comparison
Dec 31, 2024