Sun Country Airlines Holdings, Inc., an air carrier company, operates scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. It operates through two segments, Passenger and Cargo. The company also provides aircraft, crew, maintenance, and insurance services through ad hoc, repeat, short-term, and long-term service contracts; loyalty program rewards; and ancillary services.. As of December 31, 2025, its fleet consisted of 70 Boeing 737-NG aircraft, which includes 47 passenger fleets, 20 cargo, and 3 leased to unaffiliated airlines aircraft. The company serves leisure and visiting friends and relatives passengers; charter and cargo customers; military branches; collegiate and professional sports teams; wholesale tour operators; schools; companies; and other individual entities through its website, call center, and travel agents. Sun Country Airlines Holdings, Inc. was founded in 1982 and is headquartered in Minneapolis, Minnesota.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.1B | $206M | $53M | $84M | 8.4% | 4.7% | -0.2% |
| 2024 | $1.1B | $209M | $53M | $118M | 9.3% | 2.5% | -26.7% |
| 2023 | $1.0B | $225M | $72M | $-44M | 14.0% | 17.3% | 308.4% |
| 2022 | $894M | $123M | $18M | $-60M | 3.6% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 894.44 | 1,049.62 | 1,075.74 | 1,126.77 |
| Cost Of Revenue | - | 716.70 | 780.45 | 829.36 | 874.77 |
| Gross Profit | - | 177.74 | 269.17 | 246.38 | 252 |
| Operating Expense | - | 122.03 | 141.67 | 140.39 | 149.54 |
| Operating Income | - | 55.71 | 127.50 | 105.99 | 102.46 |
| EBITDA | - | 122.64 | 224.94 | 208.86 | 205.95 |
| EBIT | - | 55 | 136.79 | 113.87 | 107.07 |
| Pretax Income | - | 23.98 | 94.16 | 69.57 | 70.21 |
| Tax Provision | - | 6.31 | 21.98 | 16.67 | 17.40 |
| Net Income | - | 17.68 | 72.18 | 52.90 | 52.81 |
| Net Income Common Stockholders | - | 17.68 | 72.18 | 52.90 | 52.81 |
| Total Expenses | - | 838.74 | 922.12 | 969.75 | 1,024.31 |
| Interest Expense | - | 31.02 | 42.63 | 44.30 | 36.86 |
| Interest Income | - | 4.53 | 10.18 | 7.83 | 6.97 |
| Selling General And Administration | - | 31.05 | 34.10 | 34.94 | 33.30 |
| Normalized EBITDA | - | 122.64 | 224.94 | 208.86 | 207.84 |
| Normalized Income | - | 17.68 | 72.18 | 52.90 | 54.23 |
| Market Cap | 888.74 | 888.74 | 888.74 | 888.74 | 888.74 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Sun Country Airlines Holdings, Inc.this co. | SNCY | $874M | 16.83β discount | 1.42 | 8.4% | 6.49 |
| Satellogic Inc. | SATL | $881M | - | 13.79 | -7.9% | -36.46 |
| Covenant Logistics Group, Inc. | CVLG | $874M | 387.11 | 2.16 | 1.8% | 10.40 |
| Aebi Schmidt Holding AG | AEBI | $863M | 65.59 | 1.05 | 1.2% | 13.09 |
| Frontier Group Holdings, Inc. |
| 2021 | - | - | - | - | - | - | - |
| ULCC |
| $861M |
| - |
| 1.75 |
| -27.9% |
| -15.70 |
| Kforce Inc. | KFRC | $854M | 24.08 | 6.47 | 27.9% | 16.91 |
| Compass Diversified | CODI | $854M | - | -23.84 | -39.5% | 17.91 |
| Apogee Enterprises, Inc. | APOG | $831M | 9.68 | 1.69 | 17.4% | 6.94 |
| Falcon's Beyond Global, Inc. | FBYD | $809M | 550.67 | 66.61 | 14.2% | -56.76 |
| Peer Median | - | 65.59 | 1.96 | 1.5% | 8.67 | |