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SNCY logoSun Country Airlines Holdings, Inc.(SNCY)Earnings, Financials & Key Ratios

SNCY•NASDAQ
$16.56
$897M mkt cap·17.3× P/E·Price updated May 6, 2026
SectorIndustrialsIndustryAirlines & AirportsSub-IndustryCommercial passenger airlines
AboutSun Country Airlines Holdings, Inc., an air carrier company, provides scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. As of December 31, 2021, the company operated a fleet of 48 aircraft, including 36 passenger and 12 cargo aircraft. Sun Country Airlines Holdings, Inc. was founded in 1983 and is headquartered in Minneapolis, Minnesota.Show more
  • Revenue$1.13B+4.7%
  • EBITDA$199M-1.6%
  • Net Income$53M-0.2%
  • EPS (Diluted)0.96
  • Gross Margin66.93%-3.9%
  • EBITDA Margin17.7%-6.1%
  • Operating Margin8.93%-9.4%
  • Net Margin4.69%-4.7%
  • ROE8.83%-9.4%
  • ROIC6.93%-1.0%
  • Debt/Equity0.95-12.8%
  • Interest Coverage2.78+8.1%
Technical→

SNCY Key Insights

Sun Country Airlines Holdings, Inc. (SNCY) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 22.9%
  • ✓Trading at only 1.5x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

SNCY Price & Volume

Sun Country Airlines Holdings, Inc. (SNCY) stock price & volume — 10-year historical chart

Loading chart...

SNCY Growth Metrics

Sun Country Airlines Holdings, Inc. (SNCY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years22.92%
3 Years8%
TTM4.36%

Profit CAGR

10 Years-
5 Years-
3 Years44.03%
TTM-25.39%

EPS CAGR

10 Years-
5 Years-
3 Years49.04%
TTM-25.36%

Return on Capital

10 Years8.38%
5 Years8.93%
3 Years9.29%
Last Year8.25%

SNCY Recent Earnings

Sun Country Airlines Holdings, Inc. (SNCY) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 6/12 qtrs (50%)
Q1 2026Latest
Feb 6, 2026
EPS
$0.17
Est $0.13
+30.8%
Revenue
$281M
Est $273M
+2.8%
Q1 2026
Feb 5, 2026
EPS
$0.17
Est $0.13
+30.8%
Revenue
$281M
Est $273M
+2.8%
Q4 2025
Oct 29, 2025
EPS
$0.07
Est $0.08
-12.5%
Revenue
$256M
Est $273M
-6.4%
Q3 2025
Jul 31, 2025
EPS
$0.14
Est $0.12
+16.7%
Revenue
$264M
Est $252M
+4.4%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 6, 2026
$0.17vs $0.13+30.8%
$281Mvs $273M+2.8%
Q1 2026Feb 5, 2026
$0.17vs $0.13+30.8%
$281Mvs $273M+2.8%
Q4 2025Oct 29, 2025
$0.07vs $0.08-12.5%
$256Mvs $273M-6.4%
Q3 2025Jul 31, 2025
$0.14vs $0.12+16.7%
$264Mvs $252M+4.4%
Based on last 12 quarters of dataView full earnings history →

SNCY Peer Comparison

Sun Country Airlines Holdings, Inc. (SNCY) competitors in Commercial passenger airlines — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
ULCC logoULCCFrontier Group Holdings, Inc.Direct Competitor1.1B4.78-7.97-1.35%-9.62%-88.57%11.13
SKYW logoSKYWSkyWest, Inc.Direct Competitor3.53B87.828.4915.03%10.42%16%0.87
MESA logoMESAMesa Air Group, Inc.Direct Competitor879.48M21.00-0.04-19.93%-43.64%-5.29%
ALGT logoALGTAllegiant Travel CompanyDirect Competitor1.48B80.08-32.293.74%-1.71%-4.22%1.77
DAL logoDALDelta Air Lines, Inc.Product Competitor47.89B73.329.572.79%7.9%24.12%1.02
UAL logoUALUnited Airlines Holdings, Inc.Product Competitor32.48B100.039.793.52%6.06%24.91%2.03
AAL logoAALAmerican Airlines Group Inc.Product Competitor8.54B12.9476.120.78%0.36%
LUV logoLUVSouthwest Airlines Co.Product Competitor20.38B41.5052.532.11%2.83%10.67%0.75

Compare SNCY vs Peers

Sun Country Airlines Holdings, Inc. (SNCY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ULCC

Most directly comparable listed peer for SNCY.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare SNCY against a more recognizable public peer.

Peer Set

Compare Top 5

vs ULCC, SKYW, MESA, ALGT

SNCY Income Statement

Sun Country Airlines Holdings, Inc. (SNCY) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue582.38M701.38M401.49M623.01M894.44M1.05B1.08B1.13B1.14B
Revenue Growth %-20.43%-42.76%55.18%43.57%17.35%2.49%4.74%4.36%
Cost of Goods Sold527.44M512.6M383.38M487.79M716.71M780.45M326.77M372.6M383.94M
COGS % of Revenue90.57%73.08%95.49%78.3%80.13%74.36%30.38%33.07%-
Gross Profit
54.95M▲ 0%
188.79M▲ 243.6%
18.11M▼ 90.4%
133.17M▲ 635.3%
177.74M▲ 33.5%
269.17M▲ 51.4%
748.96M▲ 178.2%
754.17M▲ 0.7%
754.54M▲ 0%
Gross Margin %9.43%26.92%4.51%21.37%19.87%25.64%69.62%66.93%66.28%
Gross Profit Growth %-243.58%-90.41%635.33%33.47%51.44%178.25%0.7%-
Operating Expenses28.03M110.67M725K21.22M122.03M141.67M642.98M653.6M673.34M
OpEx % of Revenue4.81%15.78%0.18%3.41%13.64%13.5%59.77%58.01%-
Selling, General & Admin28.03M35.39M16.57M22.06M31.05M34.1M34.94M33.3M33M
SG&A % of Revenue4.81%5.05%4.13%3.54%3.47%3.25%3.25%2.96%-
Research & Development000000000
R&D % of Revenue---------
Other Operating Expenses075.28M-15.85M-839K90.98M107.56M608.04M620.3M4M
Operating Income
26.91M▲ 0%
78.12M▲ 190.3%
17.39M▼ 77.7%
111.95M▲ 543.9%
55.71M▼ 50.2%
127.5M▲ 128.9%
105.99M▼ 16.9%
100.57M▼ 5.1%
81.2M▲ 0%
Operating Margin %4.62%11.14%4.33%17.97%6.23%12.15%9.85%8.93%7.13%
Operating Income Growth %-190.28%-77.75%543.93%-50.24%128.87%-16.87%-5.11%-
EBITDA43.84M113M65.47M185.5M123.35M216.95M202.69M199.45M180.44M
EBITDA Margin %7.53%16.11%16.31%29.77%13.79%20.67%18.84%17.7%15.85%
EBITDA Growth %-157.73%-42.06%183.33%-33.5%75.88%-6.57%-1.6%-11.13%
D&A (Non-Cash Add-back)16.93M34.88M48.09M73.55M67.64M89.45M96.7M98.88M99.23M
EBIT26.91M77.33M17.39M126.66M55M136.79M113.87M102.46M82.71M
Net Interest Income0-16.23M-21.7M-26.24M-26.49M-32.45M-36.47M-29.89M-66.55M
Interest Income6.04M937K377K85K4.53M10.18M7.83M6.97M7.21M
Interest Expense017.17M22.07M26.33M31.02M42.63M44.3M36.86M73.76M
Other Income/Expense-1.21M-17.96M-22.07M-11.62M-31.73M-33.34M-36.41M-30.36M-28.87M
Pretax Income
25.7M▲ 0%
60.16M▲ 134.0%
-4.68M▼ 107.8%
100.33M▲ 2242.9%
23.98M▼ 76.1%
94.16M▲ 292.6%
69.57M▼ 26.1%
70.21M▲ 0.9%
52.34M▲ 0%
Pretax Margin %4.41%8.58%-1.17%16.1%2.68%8.97%6.47%6.23%4.6%
Income Tax161K14.09M-778K19.08M6.31M21.98M16.67M17.4M11.96M
Effective Tax Rate %0.63%23.42%16.62%19.02%26.29%23.34%23.96%24.79%22.85%
Net Income
25.54M▲ 0%
46.07M▲ 80.4%
-3.9M▼ 108.5%
81.25M▲ 2181.1%
17.68M▼ 78.2%
72.18M▲ 308.4%
52.9M▼ 26.7%
52.81M▼ 0.2%
40.38M▲ 0%
Net Margin %4.39%6.57%-0.97%13.04%1.98%6.88%4.92%4.69%3.55%
Net Income Growth %-80.37%-108.47%2181.15%-78.24%308.36%-26.71%-0.18%-25.39%
Net Income (Continuing)25.54M46.07M-3.9M81.25M17.68M72.18M52.9M52.81M40.38M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
0.45▲ 0%
0.81▲ 80.0%
-0.07▼ 108.4%
1.37▲ 2105.9%
0.29▼ 78.8%
1.23▲ 324.1%
0.96▼ 22.0%
0.96▲ 0.0%
0.72▲ 0%
EPS Growth %-80%-108.43%2105.86%-78.83%324.14%-21.95%0%-25.36%
EPS (Basic)0.450.81-0.071.470.311.301.000.99-
Diluted Shares Outstanding57.15M57.15M57.15M59.32M61.05M58.52M55.06M54.86M56.37M
Basic Shares Outstanding57.15M57.15M57.15M55.18M57.95M55.51M52.91M53.12M53.95M
Dividend Payout Ratio41.3%--------

SNCY Balance Sheet

Sun Country Airlines Holdings, Inc. (SNCY) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets81.42M112.53M126.74M375.44M345.49M271.35M266.58M368.2M355.44M
Cash & Short-Term Investments35.55M56.7M67.65M315.62M271.02M187.41M187.27M234.31M237.9M
Cash Only29.6M51.01M62.03M309.34M92.09M46.28M83.22M144.7M171.87M
Short-Term Investments5.95M5.69M5.62M6.28M178.94M141.13M104.05M89.63M66.03M
Accounts Receivable11.06M22.41M28.69M30.16M35.12M38.17M35.3M53.72M54.51M
Days Sales Outstanding6.9311.6626.0817.6714.3313.2711.9817.415.52
Inventory4.83M5.27M5.41M5.41M7.66M7.79M10.47M00
Days Inventory Outstanding3.343.755.154.043.93.6411.69-5.46
Other Current Assets17.18M18.46M13.89M10.24M19.02M21.12M19.19M80.17M63.02M
Total Non-Current Assets594.41M895.35M926.53M1B1.18B1.35B1.36B1.31B1.33B
Property, Plant & Equipment190.66M510.19M546.04M640.18M816.98M993.46M994.91M927M0
Fixed Asset Turnover3.05x1.37x0.74x0.97x1.09x1.06x1.08x1.22x1.62x
Goodwill222.22M222.22M222.22M222.22M222.22M222.22M222.22M222.22M222.22M
Intangible Assets101.11M97.11M93.11M89.11M85.11M83.55M77.84M73.26M72.22M
Long-Term Investments028.27M0-330.07M00000
Other Non-Current Assets80.42M2.13M28.94M362.15M41.65M53.04M68.62M89.82M1.29B
Total Assets
675.83M▲ 0%
1.01B▲ 49.1%
1.05B▲ 4.5%
1.38B▲ 31.1%
1.52B▲ 10.4%
1.62B▲ 6.5%
1.63B▲ 0.4%
1.68B▲ 3.1%
1.68B▲ 0%
Asset Turnover0.86x0.70x0.38x0.45x0.59x0.65x0.66x0.67x0.70x
Asset Growth %-49.13%4.5%31.06%10.43%6.51%0.4%3.09%5.24%
Total Current Liabilities222.92M353.55M253.74M281.65M377.13M418.58M422.29M451.1M429.79M
Accounts Payable28.67M43.9M34.03M39.8M62.37M59.01M56.03M57.63M83.57M
Days Payables Outstanding19.8431.2632.429.7831.7627.662.5956.4559.29
Short-Term Debt8.61M13.2M26.12M29.41M57.55M74.18M87.58M68M125.98M
Deferred Revenue (Current)0116.66M101.08M118.56M00000
Other Current Liabilities155.02M26.52M24.31M23.67M186.48M183.77M186.03M237.35M220.24M
Current Ratio0.37x0.32x0.50x1.33x0.92x0.65x0.63x0.82x0.82x
Quick Ratio0.34x0.30x0.48x1.31x0.90x0.63x0.61x0.82x0.82x
Cash Conversion Cycle-9.56-15.84-1.17-8.07-13.53-10.68-38.92--38.31
Total Non-Current Liabilities217.26M370.6M515.71M608.18M654.57M690.64M637.51M604.2M594.39M
Long-Term Debt49.82M73.72M256.35M248.01M294.69M327.47M239.54M255.33M198.51M
Capital Lease Obligations85.7M246.92M208.42M239.26M253.14M249.16M268.46M203.3M907.7M
Deferred Tax Liabilities000009.15M23.57M40.76M157.65M
Other Non-Current Liabilities81.74M49.97M50.95M120.91M106.74M104.87M105.95M104.85M407.58M
Total Liabilities440.19M724.15M769.45M889.83M1.03B1.11B1.06B1.06B1.02B
Total Debt150.25M456.76M536.83M545.62M629.66M697.78M619.03M591.8M324.49M
Net Debt120.65M405.76M474.8M236.28M537.58M651.5M535.82M447.1M324.49M
Debt / Equity0.64x1.61x1.89x1.11x1.28x1.36x1.09x0.95x0.95x
Debt / EBITDA3.43x4.04x8.20x2.94x5.10x3.22x3.05x2.97x1.80x
Net Debt / EBITDA2.75x3.59x7.25x1.27x4.36x3.00x2.64x2.24x2.24x
Interest Coverage-4.50x0.79x4.81x1.77x3.21x2.57x2.78x1.12x
Total Equity
235.65M▲ 0%
283.72M▲ 20.4%
283.82M▲ 0.0%
490.59M▲ 72.9%
492.71M▲ 0.4%
514.4M▲ 4.4%
570.37M▲ 10.9%
625.2M▲ 9.6%
659.43M▲ 0%
Equity Growth %-20.4%0.03%72.85%0.43%4.4%10.88%9.61%41.51%
Book Value per Share4.124.964.978.278.078.7910.3611.4011.70
Total Shareholders' Equity235.65M283.72M283.82M490.59M492.71M514.4M570.37M625.2M659.43M
Common Stock239.14M239.14M468K579K582K589K595K610K620K
Retained Earnings-367K42.23M38.32M4.37M22.05M94.23M147.13M199.94M224.05M
Treasury Stock0000-17.61M-94.34M-105.87M-125.88M-125.88M
Accumulated OCI-3.5M-3.5M-3.5M0-807K-62K-92K15K-40K
Minority Interest000000000

SNCY Cash Flow Statement

Sun Country Airlines Holdings, Inc. (SNCY) cash flow — operating, investing & free cash flow history

Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations18.35M63.27M374K152M127.44M174.12M164.86M157.11M157.1M
Operating CF Margin %3.15%9.02%0.09%24.4%14.25%16.59%15.33%13.94%-
Operating CF Growth %-244.84%-99.41%40541.71%-16.16%36.63%-5.32%-4.7%229.52%
Net Income25.54M46.07M-3.9M77.47M17.68M72.18M52.9M52.81M40.38M
Depreciation & Amortization16.93M34.88M48.09M55.02M67.64M89.45M96.7M99.45M99.23M
Stock-Based Compensation373K02.11M5.56M2.77M9.27M6.02M00
Deferred Taxes147K14.02M-789K1.08M9.89M21.55M14.43M17.16M14.78M
Other Non-Cash Items-5.2M11.82M31.47M3.09M4.92M6.79M459K6.59M5.2M
Working Capital Changes-18.57M-43.52M-76.6M9.78M24.53M-25.13M-5.65M-18.92M10.79M
Change in Receivables21.51M-11.35M-6.28M-481K-3.31M-2.67M11.22M-10.75M-7.8M
Change in Inventory-137K-869K-614K-484K-3.01M-1.46M-5.04M-2.35M-2.69M
Change in Payables11.98M9.04M-7.17M5.82M17.62M-3.03M-2.96M3.49M24.7M
Cash from Investing-83.42M-69.56M-96.03M-117M-349.33M-171.23M8.4M-39.01M-35.74M
Capital Expenditures-81.26M-69.82M-96.3M-116.3M-187.92M-218.16M-47.33M-73.13M-98.23M
CapEx % of Revenue13.95%9.95%23.99%18.67%21.01%20.78%4.4%6.49%-
Acquisitions00200K660K00019.25M28.87M
Investments---------
Other Investing-2.15M00-700K12.55M4.95M18.01M198K-5.81M
Cash from Financing91.51M27.33M101.54M212.4M7.03M-42.14M-136.47M-52.5M-29.87M
Debt Issued (Net)54.2M23.22M105.7M-16.8M32.72M28.04M-121.46M-23.89M-26.16M
Equity Issued (Net)04.67M21K235.89M-25.05M-68.58M-12.13M-20M-10M
Dividends Paid-10.55M00000000
Share Repurchases0000-25.05M-68.58M-12.13M-20M-10M
Other Financing47.87M-557K-4.19M-6.69M-636K-1.59M-2.87M-8.6M6.3M
Net Change in Cash
26.44M▲ 0%
21.04M▼ 20.4%
5.88M▼ 72.0%
247.4M▲ 4103.9%
-214.86M▼ 186.8%
-39.25M▲ 81.7%
36.79M▲ 193.7%
44.23M▲ 20.2%
104.7M▲ 0%
Free Cash Flow
-62.92M▲ 0%
-6.54M▲ 89.6%
-95.92M▼ 1365.8%
35.7M▲ 137.2%
-60.48M▼ 269.4%
-44.04M▲ 27.2%
117.53M▲ 366.9%
84M▼ 28.5%
72.18M▲ 0%
FCF Margin %-10.8%-0.93%-23.89%5.73%-6.76%-4.2%10.93%7.45%6.34%
FCF Growth %-89.6%-1365.83%137.22%-269.42%27.18%366.87%-28.53%-38.59%
FCF per Share-1.10-0.11-1.680.60-0.99-0.752.131.531.53
FCF Conversion (FCF/Net Income)0.72x1.37x-0.10x1.87x7.21x2.41x3.12x2.97x1.79x
Interest Paid0020.3M23.6M24.05M41.45M42.78M00
Taxes Paid0047K172K1.69M1.5M392K00

SNCY Key Ratios

Sun Country Airlines Holdings, Inc. (SNCY) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2019202020212022202320242025TTM
Return on Equity (ROE)17.74%-1.38%20.98%3.6%14.33%9.75%8.83%6.44%
Return on Invested Capital (ROIC)11.21%1.8%11.3%4.76%8.71%7%6.93%6.93%
Gross Margin26.92%4.51%21.37%19.87%25.64%69.62%66.93%66.28%
Net Margin6.57%-0.97%13.04%1.98%6.88%4.92%4.69%3.55%
Debt / Equity1.61x1.89x1.11x1.28x1.36x1.09x0.95x0.95x
Interest Coverage4.50x0.79x4.81x1.77x3.21x2.57x2.78x1.12x
FCF Conversion1.37x-0.10x1.87x7.21x2.41x3.12x2.97x1.79x
Revenue Growth20.43%-42.76%55.18%43.57%17.35%2.49%4.74%4.36%

SNCY SEC Filings & Documents

Sun Country Airlines Holdings, Inc. (SNCY) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 28, 2026·SEC

Material company update

Apr 15, 2026·SEC

Material company update

Mar 16, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 12, 2026·SEC

FY 2025

Feb 12, 2025·SEC

10-Q Quarterly Reports

4
FY 2026

May 1, 2026·SEC

FY 2025

Oct 30, 2025·SEC

FY 2025

Aug 1, 2025·SEC

SNCY Frequently Asked Questions

Sun Country Airlines Holdings, Inc. (SNCY) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Sun Country Airlines Holdings, Inc. (SNCY) reported $1.14B in revenue for fiscal year 2025. This represents a 95% increase from $582.4M in 2018.

Sun Country Airlines Holdings, Inc. (SNCY) grew revenue by 4.7% over the past year. Growth has been modest.

Yes, Sun Country Airlines Holdings, Inc. (SNCY) is profitable, generating $40.4M in net income for fiscal year 2025 (4.7% net margin).

Dividend & Returns

Sun Country Airlines Holdings, Inc. (SNCY) has a return on equity (ROE) of 8.8%. This is below average, suggesting room for improvement.

Sun Country Airlines Holdings, Inc. (SNCY) generated $72.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More SNCY

Sun Country Airlines Holdings, Inc. (SNCY) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

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