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Sun Country Airlines Holdings (Sun Country Airlines Holdings) Operating Margin % : 6.97% (As of Dec. 2023)


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What is Sun Country Airlines Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Sun Country Airlines Holdings's Operating Income for the three months ended in Dec. 2023 was $17 Mil. Sun Country Airlines Holdings's Revenue for the three months ended in Dec. 2023 was $246 Mil. Therefore, Sun Country Airlines Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was 6.97%.

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

SNCY' s Operating Margin % Range Over the Past 10 Years
Min: 4.35   Med: 6.34   Max: 12.15
Current: 12.15


SNCY's Operating Margin % is ranked better than
65.36% of 970 companies
in the Transportation industry
Industry Median: 7.54 vs SNCY: 12.15

Sun Country Airlines Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Sun Country Airlines Holdings's Operating Income for the three months ended in Dec. 2023 was $17 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $128 Mil.


Sun Country Airlines Holdings Operating Margin % Historical Data

The historical data trend for Sun Country Airlines Holdings's Operating 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 Operating Margin % Chart

Sun Country Airlines Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
11.24 4.35 6.34 6.23 12.15

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
Operating 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 6.65 18.97 13.63 7.64 6.97

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

For the Airlines subindustry, Sun Country Airlines Holdings's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % Distribution in the Transportation Industry

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

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



Sun Country Airlines Holdings Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=127.5 / 1049.62
=12.15 %

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

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=17.125 / 245.543
=6.97 %

* 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) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Sun Country Airlines Holdings Operating Margin % Related Terms

Thank you for viewing the detailed overview of Sun Country Airlines Holdings's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


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