Financial Snapshot

Revenue
$1.061B
TTM
Gross Margin
64.82%
TTM
Net Earnings
$45.11M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
59.35%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$552.5M
Q3 2024
Cash
Q3 2024
P/E
16.76
Nov 29, 2024 EST
Free Cash Flow
$95.55M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $1.050B $894.4M $623.0M $401.5M $701.4M $582.4M
YoY Change 17.35% 43.57% 55.18% -42.76% 20.43%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $1.050B $894.4M $623.0M $401.5M $701.4M $582.4M
Cost Of Revenue $359.2M $369.4M $227.6M $173.1M $295.3M $292.0M
Gross Profit $690.5M $525.1M $395.4M $228.4M $406.1M $290.4M
Gross Profit Margin 65.78% 58.7% 63.47% 56.9% 57.9% 49.86%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $329.7M $276.9M $200.3M $158.2M $176.1M $155.3M
YoY Change 19.08% 38.27% 26.58% -10.16% 13.39%
% of Gross Profit 47.76% 52.74% 50.65% 69.26% 43.36% 53.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $88.15M $67.64M $55.02M $48.09M $34.88M $16.93M
YoY Change 30.32% 22.94% 14.42% 37.87% 106.01%
% of Gross Profit 12.77% 12.88% 13.91% 21.05% 8.59% 5.83%
Operating Expenses $563.0M $469.3M $353.8M $275.6M $320.9M $263.4M
YoY Change 19.95% 32.64% 28.39% -14.11% 21.83%
Operating Profit $127.5M $55.71M $107.0M $17.39M $78.12M $27.00M
YoY Change 128.87% -47.96% 515.7% -77.75% 189.34%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$32.45M $31.02M $26.33M $22.07M $17.17M -$6.000M
YoY Change -204.63% 17.82% 19.27% 28.56% -386.17%
% of Operating Profit -25.45% 55.68% 24.59% 126.97% 21.98% -22.22%
Other Income/Expense, Net -$887.0K -$31.73M -$11.62M -$22.07M -$17.96M -$1.600M
YoY Change -97.2% 173.1% -47.36% 22.85% 1022.63%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income $94.16M $23.98M $95.42M -$4.682M $60.16M $25.70M
YoY Change 292.62% -74.87% -2138.08% -107.78% 134.09%
Income Tax $21.98M $6.306M $17.95M -$778.0K $14.09M $200.0K
% Of Pretax Income 23.34% 26.29% 18.81% 23.42% 0.78%
Net Earnings $72.18M $17.68M $77.47M -$3.904M $46.07M $25.50M
YoY Change 308.36% -77.18% -2084.38% -108.47% 80.67%
Net Earnings / Revenue 6.88% 1.98% 12.43% -0.97% 6.57% 4.38%
Basic Earnings Per Share $1.30 $0.31 $1.40 -$0.08 $0.99
Diluted Earnings Per Share $1.23 $0.29 $1.31 -$0.08 $0.96 $457.0K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $46.30M $271.0M $315.6M $67.65M $56.70M $35.50M
YoY Change -82.92% -14.13% 366.54% 19.32% 59.72%
Cash & Equivalents $46.30M $92.09M $309.3M $62.03M $51.00M $29.60M
Short-Term Investments $141.1M $178.9M $6.283M $5.624M $5.700M $5.900M
Other Short-Term Assets $225.1M $31.69M $24.26M $24.99M $28.10M $30.00M
YoY Change 610.43% 30.6% -2.92% -11.06% -6.33%
Inventory $7.793M $7.659M $5.405M $5.407M $5.300M $4.800M
Prepaid Expenses
Receivables $38.17M $35.12M $30.16M $28.69M $22.40M $11.10M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $271.4M $345.5M $375.4M $126.7M $112.5M $81.40M
YoY Change -21.44% -7.98% 196.23% 12.66% 38.21%
Property, Plant & Equipment $969.0M $807.8M $635.3M $535.8M $492.2M $190.7M
YoY Change 19.95% 27.17% 18.57% 8.85% 158.1%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $383.2M $63.74M $54.60M $75.41M $83.80M $80.40M
YoY Change 501.19% 16.74% -27.6% -10.01% 4.23%
Total Long-Term Assets $1.352B $1.179B $1.001B $926.5M $895.4M $594.4M
YoY Change 14.7% 17.75% 8.06% 3.48% 50.64%
Total Assets $1.624B $1.524B $1.377B $1.053B $1.008B $675.8M
YoY Change
Accounts Payable $59.01M $62.37M $39.81M $34.04M $43.90M $28.70M
YoY Change -5.39% 56.69% 16.95% -22.47% 52.96%
Accrued Expenses $160.2M $208.5M $177.1M $157.8M $177.6M $130.2M
YoY Change -23.16% 17.75% 12.19% -11.14% 36.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $119.0M $75.54M $41.12M $37.58M $105.5M $14.70M
YoY Change 57.54% 83.71% 9.42% -64.38% 617.69%
Total Short-Term Liabilities $418.6M $377.1M $281.7M $253.7M $353.6M $222.9M
YoY Change 11.0% 33.9% 11.0% -28.24% 58.64%
Long-Term Debt $560.0M $528.0M $428.5M $352.1M $178.8M $135.5M
YoY Change 6.06% 23.23% 21.7% 96.9% 31.96%
Other Long-Term Liabilities $130.6M $126.6M $179.7M $163.7M $191.8M $81.70M
YoY Change 3.18% -29.57% 9.82% -14.68% 134.76%
Total Long-Term Liabilities $690.6M $654.6M $608.2M $515.7M $370.6M $217.2M
YoY Change 5.5% 7.63% 17.93% 39.15% 70.63%
Total Liabilities $1.109B $1.032B $889.8M $769.5M $724.2M $440.2M
YoY Change 7.51% 15.94% 15.65% 6.25% 64.52%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 55.51M shares 57.95M shares 55.18M 46.81M 46.77M
Diluted Shares Outstanding 58.52M shares 61.05M shares 59.32M 46.81M 47.91M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $755.98 Million

About Sun Country Airlines Holdings, Inc.

Sun Country Airlines Holdings, Inc. engages in the provision of scheduled passenger service, charter air transportation and, cargo businesses. The company is headquartered in Minneapolis, Minnesota and currently employs 2,965 full-time employees. The company went IPO on 2021-03-17. The firm focuses on serving leisure and visiting friends and relatives (VFR) passengers, charter customers, and providing crew, maintenance, and insurance (CMI) service to Amazon.com Services, LLC (Amazon), with flights throughout the United States and to destinations in Canada, Mexico, Central America, and the Caribbean. Its Passenger segment consists of two businesses: Scheduled Service and Charter. These businesses both utilize the Company's passenger fleet. Its Cargo segment provides air cargo services. The company flies a single-family fleet of mid-life Boeing 737-NG aircraft. Its fleet consists of about 60 Boeing 737-NG aircraft. This includes 42 aircraft in the passenger fleet, 12 cargo operated aircraft through the ATSA with Amazon, and six aircraft that are on lease to unaffiliated airlines.

Industry: Air Transportation, Scheduled Peers: Allegiant Travel CO Wheels Up Experience Inc. Blade Air Mobility, Inc. Frontier Group Holdings, Inc. HAWAIIAN HOLDINGS INC JETBLUE AIRWAYS CORP Joby Aviation, Inc. SKYWEST INC Spirit Airlines, Inc. SOUTHWEST AIRLINES CO