SNCY · Sun Country Airlines Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $338.37M | - | $255.54M | $263.62M | $326.65M | - | $249.47M | $254.38M | $311.48M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $301.49M | - | $245.64M | $247.36M | $270.40M | - | $237.09M | $242.02M | $256.31M | - |
| D&A | $25.16M | - | $24.68M | $24.97M | $24.80M | - | $23.75M | $23.63M | $23.81M | - |
| Operating Income | $36.88M | - | $9.90M | $16.26M | $56.25M | - | $12.38M | $12.37M | $55.18M | - |
| Interest Expense | $8.85M | - | $9.19M | $9.21M | $11.11M | - | $11.05M | $11.08M | $11.11M | - |
| Income Tax | $6.16M | - | $614.0K | $1.98M | $11.60M | - | $662.0K | $1.27M | $11.24M | - |
| Net Income | $24.11M | - | $1.55M | $6.58M | $36.53M | - | $2.34M | $1.81M | $35.31M | - |
| EPS - Basic | $0.45 | - | $0.03 | $0.12 | $0.68 | - | $0.04 | $0.03 | $0.67 | - |
| EPS - Diluted | $0.43 | - | $0.03 | $0.12 | $0.66 | - | $0.04 | $0.03 | $0.64 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $153.73M | $144.68M | $111.83M | $36.96M | $53.39M | $83.22M | $56.79M | $26.86M | $28.43M | $46.28M |
| Accounts Receivable | $54.51M | $53.72M | $50.11M | $35.27M | $39.66M | $35.30M | $37.81M | $44.63M | $37.52M | $38.17M |
| Inventory | $12.18M | $11.84M | $11.67M | $11.30M | $11.24M | $10.47M | $9.73M | $8.46M | $8.58M | $7.79M |
| Accounts Payable | $83.57M | $57.63M | $51.73M | $56.53M | $56.92M | $56.03M | $49.22M | $60.88M | $59.93M | $59.01M |
| Current Assets | $355.44M | $368.22M | $284.80M | $222.29M | $240.93M | $266.58M | $226.02M | $213.71M | $234.97M | $271.35M |
| Total Assets | $1.68B | $1.68B | $1.60B | $1.55B | $1.59B | $1.63B | $1.61B | $1.60B | $1.64B | $1.62B |
| Current Liabilities | $429.79M | $451.10M | $376.41M | $354.70M | $382.86M | $422.29M | $380.82M | $367.34M | $383.57M | $418.58M |
| Long-term Debt | $244.77M | $255.33M | $226.64M | $200.63M | $220.88M | $239.54M | $275.86M | $289.59M | $313.73M | $327.47M |
| Total Liabilities | $1.02B | $1.06B | $993.72M | $939.06M | $989.01M | $1.06B | $1.06B | $1.06B | $1.10B | $1.11B |
| Stockholders' Equity | $659.43M | $625.16M | $610.21M | $613.04M | $603.02M | $570.37M | $552.55M | $546.85M | $541.01M | $514.40M |
| Retained Earnings | $224.05M | $199.94M | $191.80M | $190.24M | $183.67M | $147.13M | $133.70M | $131.35M | $129.54M | $94.23M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $29.71M | - | - | - | $16.43M | - | - | - | $30.72M | - |
| Investing Cash Flow | ($7.31M) | - | - | - | ($10.57M) | - | - | - | ($20.31M) | - |
| Financing Cash Flow | ($16.57M) | - | - | - | ($39.20M) | - | - | - | ($34.49M) | - |
| CapEx | $40.51M | - | - | - | $15.41M | - | - | - | $29.70M | - |
| Free Cash Flow | ($10.80M) | - | - | - | $1.02M | - | - | - | $1.02M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 10.9% | - | 3.9% | 6.2% | 17.2% | - | 5.0% | 4.9% | 17.7% | - |
| EBITDA margin | 18.3% | - | 13.5% | 15.6% | 24.8% | - | 14.5% | 14.2% | 25.4% | - |
| Net margin | 7.1% | - | 0.6% | 2.5% | 11.2% | - | 0.9% | 0.7% | 11.3% | - |
| Free cash flow margin | -3.2% | - | - | - | 0.3% | - | - | - | 0.3% | - |
| FCF / Net income | -0.45 | - | - | - | 0.03 | - | - | - | 0.03 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 20.3% | - | 28.3% | 23.1% | 24.1% | - | 22.0% | 41.2% | 24.2% | - |
| Return on assets | 1.4% | - | 0.1% | 0.4% | 2.3% | - | 0.1% | 0.1% | 2.2% | - |
| Return on equity | 3.7% | - | 0.3% | 1.1% | 6.1% | - | 0.4% | 0.3% | 6.5% | - |
| Return on invested capital | 3.2% | - | 0.8% | 1.5% | 5.2% | - | 1.2% | 0.9% | 4.9% | - |
| Liquidity | ||||||||||
| Current ratio | 0.83 | 0.82 | 0.76 | 0.63 | 0.63 | 0.63 | 0.59 | 0.58 | 0.61 | 0.65 |
| Quick ratio | 0.80 | 0.79 | 0.73 | 0.59 | 0.60 | 0.61 | 0.57 | 0.56 | 0.59 | 0.63 |
| Cash ratio | 0.36 | 0.32 | 0.30 | 0.10 | 0.14 | 0.20 | 0.15 | 0.07 | 0.07 | 0.11 |
| Leverage | ||||||||||
| Debt / Equity | 0.37 | 0.41 | 0.37 | 0.33 | 0.37 | 0.42 | 0.50 | 0.53 | 0.58 | 0.64 |
| Debt / Assets | 0.15 | 0.15 | 0.14 | 0.13 | 0.14 | 0.15 | 0.17 | 0.18 | 0.19 | 0.20 |
| Debt / EBITDA | 3.95 | - | 6.55 | 4.87 | 2.73 | - | 7.63 | 8.05 | 3.97 | - |
| Interest coverage | 4.2x | - | 1.1x | 1.8x | 5.1x | - | 1.1x | 1.1x | 5.0x | - |
| Equity multiplier | 2.55 | 2.69 | 2.63 | 2.53 | 2.64 | 2.86 | 2.91 | 2.93 | 3.03 | 3.16 |
| Liabilities / Assets | 0.61 | 0.63 | 0.62 | 0.61 | 0.62 | 0.65 | 0.66 | 0.66 | 0.67 | 0.68 |
| Efficiency | ||||||||||
| Asset turnover | 0.20 | - | 0.16 | 0.17 | 0.21 | - | 0.15 | 0.16 | 0.19 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 59d | - | 72d | 49d | 44d | - | 55d | 64d | 44d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 38.4x | - | 393.7x | 97.9x | 18.7x | - | 280.3x | 418.7x | 23.6x | - |
| P / B | 1.4x | - | 1.1x | 1.0x | 1.1x | - | 1.1x | 1.3x | 1.5x | - |
| P / S | 2.8x | - | 2.5x | 2.4x | 2.1x | - | 2.5x | 2.7x | 2.7x | - |
| EV / EBITDA | 16.5x | - | 22.0x | 19.6x | 10.5x | - | 23.1x | 26.4x | 14.2x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 3.6% | - | 2.4% | 3.6% | 4.9% | - | 0.2% | -2.6% | 5.9% | - |
| Revenue CAGR (3y) | 4.8% | - | 4.8% | 6.4% | 13.0% | - | 12.8% | 93.0% | 20.0% | - |
| Revenue CAGR (5y) | 13.4% | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -34.4% | - | -20.0% | 31.5% | 1.9% | - | -34.9% | -65.3% | -1.1% | - |
| Net income growth (YoY) | -34.0% | - | -33.7% | 263.0% | 3.5% | - | -69.1% | -91.2% | -7.9% | - |
| EPS growth (YoY) | -34.8% | - | -25.0% | 300.0% | 3.1% | - | -69.2% | -91.4% | 0.0% | - |
| EPS CAGR (3y) | -12.4% | - | -45.0% | - | 122.4% | - | -12.6% | -66.9% | 62.2% | - |
| EPS CAGR (5y) | 23.4% | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -0.1% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 9.4% | 9.6% | 10.4% | 12.1% | 11.5% | 10.9% | 6.4% | 1.1% | 3.8% | 4.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.13B totalPassenger Segment$971.74M · 86.2%
Cargo Segment$155.03M · 13.8%
Product / service
$2.06B totalPassenger$923.13M · 44.7%
Scheduled Service$404.00M · 19.6%
Ancillary$294.90M · 14.3%
Charter Service$224.23M · 10.9%
Cargo And Freight$155.03M · 7.5%
Service Other$48.61M · 2.4%
Other Revenue Rental Revenue$14.33M · 0.7%
Geographic
$1.13B totalUS$1.09B · 96.4%
Latin America$40.15M · 3.6%
Other Countries$99.0K · 0.0%
Peer comparison
Same SIC group: Air Transportation, Scheduled
Comparing Sun Country Airlines Holdings against the 5 most active filers in the same SIC group.