Sun Country Airlines Holdings Inc (SNCY)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 94,160 | 95,977 | 98,839 | 67,246 | 23,983 | 14,542 | 17,131 | 83,746 | 99,511 |
| Revenue (ttm) | US$ in thousands | 1,007,754 | 992,038 | 968,772 | 930,950 | 861,871 | 815,190 | 768,360 | 699,444 | 603,528 |
| Pretax margin | 9.34% | 9.67% | 10.20% | 7.22% | 2.78% | 1.78% | 2.23% | 11.97% | 16.49% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $94,160K ÷ $1,007,754K
= 9.34%
The pretax margin of Sun Country Airlines Holdings Inc has shown fluctuations over the past eight quarters, ranging from a low of 1.75% in Q3 2022 to a high of 11.64% in Q1 2022. The trend indicates some volatility in the company's profitability before taxes. The most recent figure of 8.97% in Q4 2023 is higher than the previous quarter but lower than the two preceding quarters. This suggests that the company's profitability has improved slightly in the most recent quarter compared to the previous one, but remains below the levels seen earlier in the year. Overall, the pretax margin data reflects variability in the company's ability to generate profits before accounting for taxes, highlighting the need for further analysis to understand the factors driving these fluctuations.
Peer comparison
Dec 31, 2023