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Sun Country Airlines Holdings (Sun Country Airlines Holdings) Net Margin % : 2.30% (As of Dec. 2023)


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What is Sun Country Airlines Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sun Country Airlines Holdings's Net Income for the three months ended in Dec. 2023 was $6 Mil. Sun Country Airlines Holdings's Revenue for the three months ended in Dec. 2023 was $246 Mil. Therefore, Sun Country Airlines Holdings's net margin for the quarter that ended in Dec. 2023 was 2.30%.

The historical rank and industry rank for Sun Country Airlines Holdings's Net Margin % or its related term are showing as below:

SNCY' s Net Margin % Range Over the Past 10 Years
Min: -0.97   Med: 6.57   Max: 13.04
Current: 6.88


SNCY's Net Margin % is ranked better than
56.44% of 971 companies
in the Transportation industry
Industry Median: 5.37 vs SNCY: 6.88

Sun Country Airlines Holdings Net Margin % Historical Data

The historical data trend for Sun Country Airlines Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sun Country Airlines Holdings Net Margin % Chart

Sun Country Airlines Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
6.57 -0.97 13.04 1.98 6.88

Sun Country Airlines Holdings Quarterly Data
Mar18 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.21 13.03 7.90 3.05 2.30

Competitive Comparison of Sun Country Airlines Holdings's Net Margin %

For the Airlines subindustry, Sun Country Airlines Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sun Country Airlines Holdings's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sun Country Airlines Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sun Country Airlines Holdings's Net Margin % falls into.



Sun Country Airlines Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Sun Country Airlines Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=72.181/1049.62
=6.88 %

Sun Country Airlines Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=5.645/245.543
=2.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sun Country Airlines Holdings  (NAS:SNCY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Sun Country Airlines Holdings Net Margin % Related Terms

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Sun Country Airlines Holdings (Sun Country Airlines Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2005 Cargo Road, Minneapolis, MN, USA, 55450
Sun Country Airlines Holdings Inc operates low-cost air carriers. The business has two operating segments: Passenger and Cargo. The passenger segment has two internal passenger groups Scheduled service and Charter. The Cargo segment provides air cargo services. The majority of the revenue is from the passenger segment.
Executives
Sca Horus Holdings, Llc director, 10 percent owner C/O SCA HORUS HOLDINGS, LLC, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Erin Rose Neale officer: General Counsel and Secretary 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Grant Whitney officer: Chief Revenue Officer & EVP 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Jude Bricker director, officer: Chief Executive Officer 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Gregory A. Mays officer: Chief Operating Officer & EVP 2005 CARGO ROAD, MINNEAPOLIS MN 55450
John Gyurci officer: Chief Acct. Off. & VP, Finance 2005 CARGO ROAD, MINNEAPOLIS MN 55450
David M Davis director, officer: President & CFO
William Trousdale officer: VP-Fin. Plan. & Anlys & Treas. 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Eric Levenhagen officer: Chief Admin. Off., GC & Sec. 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Brian Edward Davis officer: Chief Marketing Officer & SVP 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Jennifer L Vogel director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Gail Peterson director 1 ECOLAB PLACE, SAINT PAUL MN 55102
Jeffrey Mader officer: Chief Information Off. & EVP 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Patrick J. O'keeffe director 2005 CARGO ROAD, MINNEAPOLIS MN 55450
Marion C Blakey director C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188