Sun Country Airlines Holdings Inc (SNCY)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 69,574 | 94,159 | 23,982 | 100,330 |
| Revenue | US$ in thousands | 1,091,830 | 1,007,750 | 861,869 | 596,689 |
| Pretax margin | 6.37% | 9.34% | 2.78% | 16.81% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $69,574K ÷ $1,091,830K
= 6.37%
The pretax margin of Sun Country Airlines Holdings Inc has exhibited fluctuations over the years. Starting at a strong level of 16.81% on December 31, 2021, the pretax margin experienced a notable decrease to 2.78% by December 31, 2022. There was a subsequent improvement to 9.34% by December 31, 2023, before a slight decline to 6.37% by December 31, 2024. Overall, the pretax margin indicates the company's efficiency in managing operating expenses relative to its revenue before accounting for taxes, with varying levels of profitability observed during the period under review.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
Sun Country Airlines Holdings Inc
SNCY
6.37%
Alaska Air Group Inc
ALK
4.64%
Allegiant Travel Company
ALGT
-12.28%
American Airlines Group
AAL
2.13%
Delta Air Lines Inc
DAL
7.56%
JetBlue Airways Corp
JBLU
-9.67%
SkyWest Inc
SKYW
11.91%
Southwest Airlines Company
LUV
2.18%
United Airlines Holdings Inc
UAL
7.30%