Sun Country Airlines Holdings, Inc. (SNCY) Financial Ratios
8 years of historical data (2018–2025) · Industrials · Airlines, Airports & Air Services
EV/EBITDA
↓
6.64
↓-21% vs avg
5yr avg: 8.45
30Y Low6.2·High12.2
P/FCF
↓
10.43
↓-49% vs avg
5yr avg: 20.50
30Y Low6.8·High45.3
P/B Ratio
↓
1.42
↓-27% vs avg
5yr avg: 1.94
30Y Low1.3·High3.3
ROE
↓
8.8%
↑-23% vs avg
5yr avg: 11.5%
30Y Low-1%·High21%
Debt/EBITDA
↑
2.97
↓-14% vs avg
5yr avg: 3.46
30Y Low2.9·High8.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SNCY Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Sun Country Airlines Holdings, Inc. trades at 16.8x earnings, 28% below its 5-year average of 23.5x, sitting at the 60th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a discount of 34%. On a free-cash-flow basis, the stock trades at 10.4x P/FCF, 49% below the 5-year average of 20.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $876M | $789M | $803M | $921M | $968M | $1.6B | — | — | — |
| Enterprise Value | $1.3B | $1.2B | $1.3B | $1.6B | $1.5B | $1.9B | — | — | — |
| P/E Ratio → | 16.84 | 14.99 | 15.19 | 12.79 | 54.69 | 19.89 | — | — | — |
| P/S Ratio | 0.78 | 0.70 | 0.75 | 0.88 | 1.08 | 2.59 | — | — | — |
| P/B Ratio | 1.42 | 1.26 | 1.41 | 1.79 | 1.97 | 3.30 | — | — | — |
| P/FCF | 10.43 | 9.40 | 6.83 | — | — | 45.28 | — | — | — |
| P/OCF | 5.58 | 5.03 | 4.87 | 5.29 | 7.60 | 10.64 | — | — | — |
P/E links to full P/E history page with 30-year chart
SNCY EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Sun Country Airlines Holdings, Inc.'s enterprise value stands at 6.6x EBITDA, 21% below its 5-year average of 8.4x. The Industrials sector median is 13.9x, placing the stock at a 52% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.10 | 1.24 | 1.50 | 1.68 | 2.97 | — | — | — |
| EV / EBITDA | 6.64 | 6.20 | 6.60 | 7.25 | 12.21 | 9.99 | — | — | — |
| EV / EBIT | 13.16 | 12.07 | 11.75 | 11.49 | 27.38 | 14.63 | — | — | — |
| EV / FCF | — | 14.72 | 11.39 | — | — | 51.90 | — | — | — |
SNCY Profitability
Margins and return-on-capital ratios measuring operating efficiency
Sun Country Airlines Holdings, Inc. earns an operating margin of 8.9%, above the Industrials sector average of 4.3%. Operating margins have compressed from 12.1% to 8.9% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 8.8% is modest. ROIC of 6.9% represents adequate returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 66.9% | 66.9% | 69.6% | 25.6% | 19.9% | 21.4% | 4.5% | 26.9% | 9.4% |
| Operating Margin | 8.9% | 8.9% | 9.9% | 12.1% | 6.2% | 18.0% | 4.3% | 11.1% | 4.6% |
| Net Profit Margin | 4.7% | 4.7% | 4.9% | 6.9% | 2.0% | 13.0% | -1.0% | 6.6% | 4.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.8% | 8.8% | 9.8% | 14.3% | 3.6% | 21.0% | -1.4% | 17.7% | 10.8% |
| ROA | 3.2% | 3.2% | 3.3% | 4.6% | 1.2% | 6.7% | -0.4% | 5.5% | 3.8% |
| ROIC | 6.9% | 6.9% | 7.0% | 8.7% | 4.8% | 11.3% | 1.8% | 11.2% | 5.7% |
| ROCE | 8.3% | 8.3% | 8.8% | 10.8% | 5.0% | 11.8% | 2.4% | 14.1% | 5.9% |
SNCY Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Sun Country Airlines Holdings, Inc. carries a Debt/EBITDA ratio of 3.0x, which is moderately leveraged (8% below the sector average of 3.2x). Net debt stands at $447M ($592M total debt minus $145M cash). Interest coverage of just 2.8x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.95 | 0.95 | 1.09 | 1.36 | 1.28 | 1.11 | 1.89 | 1.61 | 0.64 |
| Debt / EBITDA | 2.97 | 2.97 | 3.05 | 3.22 | 5.10 | 2.94 | 8.20 | 4.04 | 3.43 |
| Net Debt / Equity | — | 0.72 | 0.94 | 1.27 | 1.09 | 0.48 | 1.67 | 1.43 | 0.51 |
| Net Debt / EBITDA | 2.24 | 2.24 | 2.64 | 3.00 | 4.36 | 1.27 | 7.25 | 3.59 | 2.75 |
| Debt / FCF | — | 5.32 | 4.56 | — | — | 6.62 | — | — | — |
| Interest Coverage | 2.78 | 2.78 | 2.57 | 3.21 | 1.77 | 4.81 | 0.79 | 4.50 | — |
SNCY Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.82x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.65x to 0.82x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.82 | 0.82 | 0.63 | 0.65 | 0.92 | 1.33 | 0.50 | 0.32 | 0.37 |
| Quick Ratio | 0.82 | 0.82 | 0.61 | 0.63 | 0.90 | 1.31 | 0.48 | 0.30 | 0.34 |
| Cash Ratio | 0.52 | 0.52 | 0.44 | 0.45 | 0.72 | 1.12 | 0.27 | 0.16 | 0.16 |
| Asset Turnover | — | 0.67 | 0.66 | 0.65 | 0.59 | 0.45 | 0.38 | 0.70 | 0.86 |
| Inventory Turnover | — | — | 31.22 | 100.15 | 93.58 | 90.25 | 70.90 | 97.21 | 109.20 |
| Days Sales Outstanding | — | 17.40 | 11.98 | 13.27 | 14.33 | 17.67 | 26.08 | 11.66 | 6.93 |
SNCY Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Sun Country Airlines Holdings, Inc. returns 2.3% to shareholders annually primarily through share buybacks. The earnings yield of 5.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | 41.3% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.9% | 6.7% | 6.6% | 7.8% | 1.8% | 5.0% | — | — | — |
| FCF Yield | 9.6% | 10.6% | 14.6% | — | — | 2.2% | — | — | — |
| Buyback Yield | 2.3% | 2.5% | 1.5% | 7.5% | 2.6% | 0.0% | — | — | — |
| Total Shareholder Yield | 2.3% | 2.5% | 1.5% | 7.5% | 2.6% | 0.0% | — | — | — |
| Shares Outstanding | — | $55M | $55M | $59M | $61M | $59M | $57M | $57M | $57M |
Peer Comparison
Compare SNCY with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 SNCYYou | $876M | 16.8 | 6.6 | 10.4 | 66.9% | 8.9% | 8.8% | 6.9% | 3.0 |
 ULCC | $2B | -12.0 | — | — | 35.5% | -4.0% | -25.0% | -2.3% | — |
 SKYW | $4B | 8.9 | 6.2 | 13.0 | 61.6% | 15.2% | 16.6% | 9.2% | 2.4 |
 MESA | $879M | -0.0 | — | 63.1 | 99.1% | -46.5% | -528.9% | -62.9% | — |
 ALGT | $2B | -40.6 | 8.4 | 24.8 | 15.4% | 6.7% | -4.2% | 4.6% | 4.4 |
 DAL | $55B | 11.0 | 8.7 | 14.3 | 22.8% | 9.2% | 27.8% | 12.0% | 2.6 |
 UAL | $38B | 11.6 | 8.3 | 15.0 | 64.1% | 8.0% | 24.0% | 9.1% | 4.1 |
 AAL | $11B | 94.1 | 13.0 | — | 19.2% | 2.7% | — | 3.5% | 10.5 |
 LUV | $24B | 60.7 | 13.2 | — | 17.4% | 1.5% | 4.8% | 3.0% | 3.0 |
 AMZN | $2.6T | 34.1 | 18.5 | 341.6 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
 GE | $374B | 43.8 | 38.2 | 51.4 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 |
| Industrials Median | — | 25.6 | 13.9 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 8 years · Updated daily
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SNCY — Frequently Asked Questions
Quick answers to the most common questions about buying SNCY stock.
What is Sun Country Airlines Holdings, Inc.'s P/E ratio?
Sun Country Airlines Holdings, Inc.'s current P/E ratio is 16.8x. The historical average is 23.5x. This places it at the 60th percentile of its historical range.
What is Sun Country Airlines Holdings, Inc.'s EV/EBITDA?
Sun Country Airlines Holdings, Inc.'s current EV/EBITDA is 6.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.4x.
What is Sun Country Airlines Holdings, Inc.'s ROE?
Sun Country Airlines Holdings, Inc.'s return on equity (ROE) is 8.8%. The historical average is 10.6%.
Is SNCY stock overvalued?
Based on historical data, Sun Country Airlines Holdings, Inc. is trading at a P/E of 16.8x. This is at the 60th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Sun Country Airlines Holdings, Inc.'s profit margins?
Sun Country Airlines Holdings, Inc. has 66.9% gross margin and 8.9% operating margin.
How much debt does Sun Country Airlines Holdings, Inc. have?
Sun Country Airlines Holdings, Inc.'s Debt/EBITDA ratio is 3.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.