Sun Country Airlines Holdings (SNCY) Financials
Newest figures come from the 10-Q for Q1 FY2026, filed May 1, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SNCY SEC filings page.
Sun Country Airlines Holdings, Inc. (SNCY) reported $1.1B in revenue over the twelve months to Mar 31, 2026, up 4.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue growth is continuing, but profitability is thinning as higher reinvestment and working-capital needs absorb more operating cash.
Revenue rose4.7% while operating income fell5.1% , indicating that incremental sales are not currently dropping through to operating profit. Net income fell just0.2% as interest expense declined16.8% , cushioning the weaker operating result rather than reflecting stronger core profitability.
The capital structure is becoming more equity-supported: total liabilities fell
Accounting earnings convert into operating cash: operating cash flow was
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Sun Country Airlines Holdings, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Sun Country Airlines Holdings, Inc. has an operating margin of 8.9%, meaning the company retains $9 of operating profit per $100 of revenue. This results in a moderate score of 61/100, indicating healthy but not exceptional operating efficiency. This is down from 9.8% the prior year.
Sun Country Airlines Holdings, Inc.'s revenue grew a modest 4.7% year-over-year to $1.1B. This slow but positive growth earns a score of 43/100.
Sun Country Airlines Holdings, Inc. has a moderate D/E ratio of 0.41. This balance of debt and equity financing earns a leverage score of 59/100.
Sun Country Airlines Holdings, Inc.'s current ratio of 0.82 is below the typical benchmark, resulting in a score of 12/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Sun Country Airlines Holdings, Inc. has a free cash flow margin of 7.4%, earning a moderate score of 51/100. The company generates positive cash flow after capital investments, but with room for improvement.
Sun Country Airlines Holdings, Inc. earns a strong 8.5% return on equity (ROE), meaning it generates $8 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 66/100. This is down from 9.3% the prior year.
Sun Country Airlines Holdings, Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
For every $1 of reported earnings, Sun Country Airlines Holdings, Inc. generates $2.97 in operating cash flow ($157.1M OCF vs $52.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Sun Country Airlines Holdings, Inc. earns $2.73 in operating income for every $1 of interest expense ($100.6M vs $36.9M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Sun Country Airlines Holdings, Inc. generated $338.4M in revenue in Q1 2026. This represents an increase of 3.6% from the same quarter a year earlier. Against the prior quarter it is up 20.4%.
Sun Country Airlines Holdings, Inc.'s EBITDA was $62.0M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 23.5% from the same quarter a year earlier. Against the prior quarter it is up 45.7%.
Sun Country Airlines Holdings, Inc. reported $24.1M in net income in Q1 2026. This represents a decrease of 34.0% from the same quarter a year earlier. Against the prior quarter it is up 196.0%.
Sun Country Airlines Holdings, Inc. earned $0.43 per diluted share (EPS) in Q1 2026. This represents a decrease of 34.8% from the same quarter a year earlier. Against the prior quarter it is up 186.7%.
Cash & Balance Sheet
Sun Country Airlines Holdings, Inc. recorded an outflow of $10.8M in free cash flow in Q1 2026, representing a cash shortfall after capex. This represents a decrease of 1156.8% from the same quarter a year earlier. Against the prior quarter it is down 130.9%.
Sun Country Airlines Holdings, Inc. held $153.7M in cash against $244.8M in long-term debt as of Q1 2026.
Not reported for Q1 2026.
Margins & Returns
Sun Country Airlines Holdings, Inc.'s operating margin was 10.9% in Q1 2026, reflecting core business profitability. This is down 6.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.4 percentage points.
Sun Country Airlines Holdings, Inc.'s net profit margin was 7.1% in Q1 2026, showing the share of revenue converted to profit. This is down 4.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.2 percentage points.
Sun Country Airlines Holdings, Inc.'s quarterly ROE was 3.7% in Q1 2026: one quarter's net income over shareholder equity, not annualized. This is down 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.4 percentage points.
Not reported for Q1 2026.
Capital Allocation
Sun Country Airlines Holdings, Inc. repurchased no shares in Q1 2026. This represents a decrease of 100.0% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Sun Country Airlines Holdings, Inc. invested $40.5M in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 162.9% from the same quarter a year earlier. Against the prior quarter it is down 7.9%.
Not reported for Q1 2026.
SNCY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $338.4M+3.6% | $281.0M+7.9% | $255.5M+2.4% | $263.6M+3.6% | $326.6M+4.9% | $260.4M+6.1% | $249.5M+0.2% | $254.4M-2.6% |
| Operating Income | $36.9M-34.4% | $18.2M-30.3% | $9.9M-20.0% | $16.3M+31.5% | $56.2M+1.9% | $26.1M+52.2% | $12.4M-34.9% | $12.4M-65.3% |
| EBITDA | $62.0M-23.5% | $42.6M-14.6% | $34.6M-4.3% | $41.2M+14.6% | $81.0M+2.6% | $49.9M+22.5% | $36.1M-13.5% | $36.0M-37.9% |
| Interest Expense | $8.9M-8.0% | $8.8M-20.1% | $9.2M-16.9% | $9.2M-16.8% | $9.6M-13.4% | $11.1M-2.6% | $11.0M-3.1% | $11.1M-1.4% |
| Income Tax | $6.2M-46.9% | $3.2M-8.2% | $614K-7.3% | $2.0M+55.6% | $11.6M+3.2% | $3.5M+73.3% | $662K-73.3% | $1.3M-79.3% |
| Net Income | $24.1M-34.0% | $8.1M-39.4% | $1.6M-33.7% | $6.6M+263.0% | $36.5M+3.5% | $13.4M+138.1% | $2.3M-69.1% | $1.8M-91.2% |
| EPS (Basic) | $0.45-33.8% | $0.15-40.0% | $0.03-25.0% | $0.12+300.0% | $0.68+1.5% | $0.25+127.3% | $0.04-71.4% | $0.03-91.9% |
| EPS (Diluted) | $0.43-34.8% | $0.15-37.5% | $0.03-25.0% | $0.12+300.0% | $0.66+3.1% | $0.24+118.2% | $0.04-69.2% | $0.03-91.4% |
| Diluted Shares (Avg) | 56M+1.6% | N/A | 55M-0.2% | 55M0.0% | 56M+0.2% | N/A | 55M-6.5% | 55M-8.2% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.
SNCY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.7B+5.8% | $1.7B+3.1% | $1.6B-0.4% | $1.6B-3.2% | $1.6B-2.9% | $1.6B+0.4% | $1.6B+0.5% | $1.6B-1.9% |
| Current Assets | $355.4M+47.5% | $368.2M+38.1% | $284.8M+26.0% | $222.3M+4.0% | $240.9M+2.5% | $266.6M-1.8% | $226.0M-13.2% | $213.7M-29.3% |
| Cash & Equivalents | $153.7M+187.9% | $144.7M+73.9% | $111.8M+96.9% | $37.0M+37.6% | $53.4M+87.8% | $83.2M+79.8% | $56.8M+110.6% | $26.9M-69.1% |
| Short-Term Investments | $66.0M-37.3% | $89.6M-13.9% | $64.4M-28.2% | $101.3M-6.4% | $105.4M-20.6% | $104.1M-26.3% | $89.7M-41.5% | $108.3M-31.5% |
| Inventory | $12.2M+8.4% | $11.8M+13.2% | $11.7M+19.9% | $11.3M+33.6% | $11.2M+30.9% | $10.5M+34.3% | $9.7M+26.7% | $8.5M+14.8% |
| Accounts Receivable | $54.5M+37.5% | $53.7M+52.2% | $50.1M+32.6% | $35.3M-21.0% | $39.7M+5.7% | $35.3M-7.5% | $37.8M-11.8% | $44.6M+65.7% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $222.2M0.0% | $222.2M0.0% | $222.2M0.0% | $222.2M0.0% | $222.2M0.0% | $222.2M0.0% | $222.2M0.0% | $222.2M0.0% |
| Total Liabilities | $1.0B+3.6% | $1.1B-0.4% | $993.7M-6.0% | $939.1M-11.2% | $989.0M-9.9% | $1.1B-4.5% | $1.1B-2.3% | $1.1B-3.4% |
| Current Liabilities | $429.8M+12.3% | $451.1M+6.8% | $376.4M-1.2% | $354.7M-3.4% | $382.9M-0.2% | $422.3M+0.9% | $380.8M+2.7% | $367.3M-4.2% |
| Non-Current Liabilities | $594.4M-1.9% | $604.2M-5.2% | $617.3M-8.7% | $584.4M-15.3% | $606.1M-15.2% | $637.5M-7.7% | $676.5M-4.8% | $689.7M-2.9% |
| Long-Term Debt | $244.8M+10.8% | $255.3M+6.6% | $226.6M-17.8% | $200.6M-30.7% | $220.9M-29.6% | $239.5M-26.8% | $275.9M-21.6% | $289.6M-20.7% |
| Total Equity | $659.4M+9.4% | $625.2M+9.6% | $610.2M+10.4% | $613.0M+12.1% | $603.0M+11.5% | $570.4M+10.9% | $552.5M+6.4% | $546.9M+1.1% |
| Retained Earnings | $224.0M+22.0% | $199.9M+35.9% | $191.8M+43.5% | $190.2M+44.8% | $183.7M+41.8% | $147.1M+56.1% | $133.7M+50.9% | $131.4M+62.2% |
SNCY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $29.7M+80.8% | $78.9M-12.9% | $41.9M+18.4% | $19.8M+143.2% | $16.4M-46.5% | $90.6M+26.7% | $35.4M+409.2% | $8.2M-83.0% |
| Depreciation & Amortization | $25.2M+1.4% | $24.4M+2.6% | $24.7M+3.9% | $25.0M+5.7% | $24.8M+4.2% | $23.8M+0.9% | $23.8M+4.4% | $23.6M+5.7% |
| Capital Expenditures | $40.5M+162.9% | $44.0M+832.5% | $7.9M+81.0% | $5.8M-32.1% | $15.4M-48.1% | $4.7M-37.3% | $4.4M-76.0% | $8.5M-90.2% |
| Free Cash Flow | -$10.8M-1156.8% | $34.9M-59.3% | $34.0M+9.6% | $14.0Mn/m | $1.0M-0.1% | $85.8M+34.2% | $31.0Mn/m | -$382Kn/m |
| Investing Cash Flow | -$7.3Mn/m | -$66.2Mn/m | $35.2M+101.9% | $2.6M-89.3% | -$10.6Mn/m | -$12.5M-278.0% | $17.4Mn/m | $23.8Mn/m |
| Financing Cash Flow | -$16.6Mn/m | $18.5Mn/m | $4.4Mn/m | -$36.2Mn/m | -$39.2Mn/m | -$45.0Mn/m | -$19.4Mn/m | -$37.5M-251.3% |
| Share Buybacks | $0-100.0% | $0-100.0% | $10.0Mn/m | $0n/m | $10.0M-13.0% | $641K-95.3% | $0-100.0% | $0-100.0% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid.
SNCY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 10.9%-6.3pp | 6.5%-3.5pp | 3.9%-1.1pp | 6.2%+1.3pp | 17.2%-0.5pp | 10.0%+3.0pp | 5.0%-2.7pp | 4.9%-8.8pp |
| Net Margin | 7.1%-4.1pp | 2.9%-2.3pp | 0.6%-0.3pp | 2.5%+1.8pp | 11.2%-0.2pp | 5.2%+2.9pp | 0.9%-2.1pp | 0.7%-7.2pp |
| Return on Equity | 3.7%-2.4pp | 1.3%-1.1pp | 0.3%-0.2pp | 1.1%+0.7pp | 6.1%-0.5pp | 2.4%+1.3pp | 0.4%-1.0pp | 0.3%-3.5pp |
| Return on Assets | 1.4%-0.9pp | 0.5%-0.3pp | 0.1%-0.1pp | 0.4%+0.3pp | 2.3%+0.1pp | 0.8%+0.5pp | 0.1%-0.3pp | 0.1%-1.1pp |
| Current Ratio | 0.83+0.2x | 0.82+0.2x | 0.76+0.2x | 0.630.0x | 0.630.0x | 0.630.0x | 0.59-0.1x | 0.58-0.2x |
| Debt-to-Equity | 0.370.0x | 0.410.0x | 0.37-0.1x | 0.33-0.2x | 0.37-0.2x | 0.42-0.2x | 0.50-0.2x | 0.53-0.1x |
| Liabilities-to-Equity | 1.55-0.1x | 1.69-0.2x | 1.63-0.3x | 1.53-0.4x | 1.64-0.4x | 1.86-0.3x | 1.91-0.2x | 1.93-0.1x |
| Asset Turnover | 0.200.0x | 0.170.0x | 0.160.0x | 0.170.0x | 0.210.0x | 0.160.0x | 0.160.0x | 0.160.0x |
| FCF Margin | -3.2%-3.5pp | 12.4%-20.5pp | 13.3%+0.9pp | 5.3%+5.5pp | 0.3%0.0pp | 33.0%+6.9pp | 12.4%+17.0pp | -0.1%+15.0pp |
Not reported in any period shown, so not listed: Gross Margin.
Note: The current ratio is below 1.0 (0.82), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Sun Country Airlines Holdings, Inc. SNCY | FY2025 | $1.1B | $52.8M | 4.7% | N/A | 49/100 |
| Allegiant Travel Company ALGT | FY2025 | $2.6B | -$44.7M | -1.7% | $2.1B | 24/100 |
| Frontier Group Holdings, Inc. ULCC | FY2025 | $3.7B | -$137.0M | -3.7% | $1.7B | 28/100 |
| Controladora Vuela Compania de Aviacion, S.A.B. de C.V. VLRS | FY2025 | $3.0B | -$103.9M | -3.4% | $787.4M | 35/100 |
| Southwest Airlines Co. LUV | FY2025 | $28.1B | $441.0M | 1.6% | $21.5B | 33/100 |
| Alaska Air Group, Inc. ALK | FY2025 | $14.2B | $100.0M | 0.7% | $4.3B | 33/100 |
Where Sun Country Airlines Holdings, Inc. Ranks
Frequently Asked Questions
Sun Country Airlines Holdings, Inc. (SNCY) reported $1.1B in total revenue for fiscal year 2025. This represents a 4.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Sun Country Airlines Holdings, Inc. (SNCY) revenue grew by 4.7% year-over-year, from $1.1B to $1.1B in fiscal year 2025.
Yes, Sun Country Airlines Holdings, Inc. (SNCY) reported a net income of $40.4M over the trailing 12 months to March 31, 2026. In fiscal year 2025 it reported a net income of $52.8M, with a net profit margin of 4.7%.
Sun Country Airlines Holdings, Inc. (SNCY) had EBITDA of $199.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Sun Country Airlines Holdings, Inc. (SNCY) had $144.7M in cash and equivalents against $255.3M in long-term debt.
Sun Country Airlines Holdings, Inc. (SNCY) had an operating margin of 8.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Sun Country Airlines Holdings, Inc. (SNCY) had a net profit margin of 4.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Sun Country Airlines Holdings, Inc. (SNCY) has a return on equity of 8.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Sun Country Airlines Holdings, Inc. (SNCY) generated $84.0M in free cash flow during fiscal year 2025. This represents a -28.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Sun Country Airlines Holdings, Inc. (SNCY) generated $157.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Sun Country Airlines Holdings, Inc. (SNCY) had $1.7B in total assets as of fiscal year 2025, including both current and long-term assets.
Sun Country Airlines Holdings, Inc. (SNCY) invested $73.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Sun Country Airlines Holdings, Inc. (SNCY) had a current ratio of 0.82 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
Sun Country Airlines Holdings, Inc. (SNCY) had a debt-to-equity ratio of 0.41 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Sun Country Airlines Holdings, Inc. (SNCY) had a liabilities-to-equity ratio of 1.69 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Sun Country Airlines Holdings, Inc. (SNCY) had a return on assets of 3.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Sun Country Airlines Holdings, Inc. (SNCY) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Sun Country Airlines Holdings, Inc. (SNCY) has an earnings quality ratio of 2.97x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Sun Country Airlines Holdings, Inc. (SNCY) has an interest coverage ratio of 2.73x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
Sun Country Airlines Holdings, Inc. (SNCY) scores 49 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.