Sun Country Airlines Holdings Inc (SNCY)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 69,573 | 60,306 | 67,370 | 91,036 | 94,160 | 95,977 | 98,839 | 67,246 | 23,983 | 14,542 | 17,131 | 83,746 | 99,511 |
| 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 |
| Pretax margin | 6.44% | 5.80% | 6.56% | 8.90% | 9.34% | 9.67% | 10.20% | 7.22% | 2.78% | 1.78% | 2.23% | 11.97% | 16.49% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $69,573K ÷ $1,080,718K
= 6.44%
The pretax margin of Sun Country Airlines Holdings Inc has shown fluctuations over the period from December 31, 2021, to December 31, 2024. The pretax margin started at 16.49% in December 31, 2021, indicating that the company generated $0.1649 in pretax profit for every dollar of revenue.
The margin decreased to 11.97% by March 31, 2022, and then experienced a significant decline to 2.23% by June 30, 2022. This suggests that the company's profitability before taxes was greatly affected during that period.
Subsequently, there was a slight improvement in the pretax margin to 2.78% by December 31, 2022, showing a moderate recovery. The margin continued to increase to reach 10.20% by June 30, 2023, indicating better profitability.
However, there was a slight decrease in pretax margin to 5.80% by September 30, 2024, before a slight increase to 6.44% by December 31, 2024. Overall, the trend in pretax margin indicates fluctuations in Sun Country Airlines Holdings Inc's profitability before taxes over the analyzed period.
Peer comparison
Dec 31, 2024