Sun Country Airlines Holdings Inc (SNCY)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 35.85% | 34.37% | 33.90% | 34.46% | 34.16% | 33.62% | 33.17% | 30.26% | 27.56% | 45.01% | 47.34% | 51.65% | 53.64% |
| Operating profit margin | 9.81% | 9.34% | 10.09% | 12.41% | 12.65% | 12.65% | 12.58% | 9.63% | 6.46% | 6.31% | 7.47% | 14.84% | 17.71% |
| 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% |
| Net profit margin | 4.90% | 4.34% | 4.90% | 6.76% | 7.16% | 7.44% | 7.94% | 5.63% | 2.05% | 1.20% | 1.63% | 9.81% | 13.54% |
The profitability ratios of Sun Country Airlines Holdings Inc indicate the company's ability to generate profits relative to its revenue and expenses.
- Gross Profit Margin: Sun Country Airlines' gross profit margin has shown fluctuations over the periods analyzed, ranging from a high of 53.64% in December 2021 to a low of 27.56% in December 2022. Generally, a higher gross profit margin indicates that the company is effectively controlling its production costs.
- Operating Profit Margin: The operating profit margin also fluctuated during the periods, with a peak of 17.71% in December 2021 and a low of 6.31% in September 2022. This ratio reflects the company's operational efficiency in generating profits from its core business activities.
- Pretax Margin: Sun Country Airlines' pretax margin shows a similar trend, varying from 16.49% in December 2021 to 5.80% in September 2024. This ratio indicates the company's ability to generate profits before accounting for taxes, interest, and other non-operating expenses.
- Net Profit Margin: The net profit margin, which represents the company's bottom line profitability after all expenses have been deducted, ranged from 13.54% in December 2021 to 4.34% in September 2024. A higher net profit margin suggests the company is efficiently managing its expenses and earning a higher profit per dollar of revenue.
Overall, while Sun Country Airlines' profitability ratios have experienced fluctuations over the periods analyzed, it is important for the company to closely monitor and manage its margins to ensure sustainable profitability and financial stability.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 3.25% | 2.80% | 3.14% | 4.22% | 4.45% | 4.61% | 4.70% | 3.31% | 1.16% | 0.64% | 0.83% | 4.83% | 5.92% |
| Return on total capital | 13.62% | 12.46% | 13.43% | 15.93% | 16.25% | 15.52% | 14.80% | 11.34% | 6.99% | 5.34% | 5.62% | 15.08% | 17.04% |
| Return on equity (ROE) | 9.28% | 8.16% | 9.21% | 12.78% | 14.03% | 14.21% | 14.22% | 10.05% | 3.59% | 1.93% | 2.52% | 13.80% | 16.66% |
Sun Country Airlines Holdings Inc's profitability ratios demonstrate fluctuations over the period from December 31, 2021, to December 31, 2024.
1. Operating Return on Assets (Operating ROA):
- Operating ROA ranged from a high of 7.85% in December 31, 2023, to a low of 3.38% in September 30, 2022. The ratio generally showed a positive trend with some quarterly variations.
2. Return on Assets (ROA):
- ROA varied between 5.92% on December 31, 2021, and 3.25% on December 31, 2024. The ratio indicates the efficiency of utilizing assets to generate earnings, with a downward trend from 2021 to 2024.
3. Return on Total Capital:
- Return on total capital fluctuated between 17.04% on December 31, 2021, and 13.62% on December 31, 2024. The ratio reveals the return generated by all providers of capital, showing a decline towards the end of the period.
4. Return on Equity (ROE):
- ROE ranged from 16.66% on December 31, 2021, to 9.28% on December 31, 2024. This ratio indicates the return earned on shareholders' equity, showing a decreasing trend over the evaluated period.
Overall, the profitability ratios of Sun Country Airlines Holdings Inc reflect varying levels of performance and efficiency in utilizing assets and capital to generate returns for shareholders.