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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 |
| Operating Revenue | - | 882.78 | 1,019.86 | 1,021.26 | 1,078.16 |
| 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 |
| Selling General And Administration | - | 31.05 | 34.10 | 34.94 | 33.30 |
| Total Expenses | - | 838.74 | 922.12 | 969.75 | 1,024.31 |
| Operating Income | - | 55.71 | 127.50 | 105.99 | 102.46 |
| Total Operating Income As Reported | - | 55.71 | 127.50 | 105.99 | 100.57 |
| EBITDA | - | 122.64 | 224.94 | 208.86 | 205.95 |
| Normalized EBITDA | - | 122.64 | 224.94 | 208.86 | 207.84 |
| EBIT | - | 55 | 136.79 | 113.87 | 107.07 |
| Interest Income | - | 4.53 | 10.18 | 7.83 | 6.97 |
| Interest Expense | - | 31.02 | 42.63 | 44.30 | 36.86 |
| Net Interest Income | - | -26.49 | -32.45 | -36.47 | -29.89 |
| Other Non Operating Income Expenses | - | -5.24 | -0.89 | 0.06 | -0.47 |
| Other Income Expense | - | -5.24 | -0.89 | 0.06 | -2.36 |
| Interest Income Non Operating | - | 4.53 | 10.18 | 7.83 | 6.97 |
| Interest Expense Non Operating | - | 31.02 | 42.63 | 44.30 | 36.86 |
| Net Non Operating Interest Income Expense | - | -26.49 | -32.45 | -36.47 | -29.89 |
| Pretax Income | - | 23.98 | 94.16 | 69.57 | 70.21 |
| Tax Provision | - | 6.31 | 21.98 | 16.67 | 17.40 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | -0.47 |
| Net Income Continuous Operations | - | 17.68 | 72.18 | 52.90 | 52.81 |
| Net Income From Continuing And Discontinued Operation | - | 17.68 | 72.18 | 52.90 | 52.81 |
| Net Income From Continuing Operation Net Minority Interest | - | 17.68 | 72.18 | 52.90 | 52.81 |
| Net Income | - | 17.68 | 72.18 | 52.90 | 52.81 |
| Net Income Common Stockholders | - | 17.68 | 72.18 | 52.90 | 52.81 |
| Net Income Including Noncontrolling Interests | - | 17.68 | 72.18 | 52.90 | 52.81 |
| Normalized Income | - | 17.68 | 72.18 | 52.90 | 54.23 |
| Diluted NI Availto Com Stockholders | - | 17.68 | 72.18 | 52.90 | 52.81 |
| Basic Average Shares | - | 57.95 | 55.51 | 52.91 | 53.12 |
| Diluted Average Shares | - | 61.05 | 58.52 | 55.06 | 54.86 |
| Reconciled Depreciation | - | 67.64 | 88.15 | 94.99 | 98.88 |
| Reconciled Cost Of Revenue | - | 716.70 | 780.45 | 829.36 | 874.77 |
| Total Unusual Items | - | 0 | 0 | 0 | -1.89 |
| Total Unusual Items Excluding Goodwill | - | 0 | 0 | 0 | -1.89 |
| Special Income Charges | - | 0 | 0 | 0 | -1.89 |
| Other Special Charges | 0.02 | - | - | - | - |
| Rent Expense Supplemental | - | 54.43 | 51.90 | 59.55 | 64.76 |
| Other Operating Expenses | - | 90.98 | 107.56 | 105.46 | 116.24 |
| Selling And Marketing Expense | - | 31.05 | 34.10 | 34.94 | 33.30 |
| Other Taxes | -0.85 | 0 | - | - | - |
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 | $876M | 16.59↑ premium | 1.40 | 8.4% | 6.43 |
| National Presto Industries, Inc. | NPK | $939M | 28.38 | 2.38 | 8.4% | 20.15 |
| Power Solutions International, Inc. | PSIX | $926M | 8.13 | 5.19 | 63.8% | 8.99 |
| CRA International, Inc. | CRAI | $921M | 16.85 | 4.31 | 25.6% | 9.25 |
| Transcat, Inc. |
| 2021 | - | - | - | - | - | - | - |
| TRNS |
| $871M |
| 161.88 |
| 2.90 |
| 1.8% |
| 25.78 |
| Kforce Inc. | KFRC | $857M | 24.61 | 6.88 | 27.9% | 16.86 |
| Mayville Engineering Company, Inc. | MEC | $833M | -102.73 | 3.46 | -3.4% | 28.48 |
| Quanex Building Products Corporation | NX | $818M | -3.26 | 1.13 | -34.5% | -19.15 |
| Cryoport, Inc. | CYRX | $815M | 10.40 | 1.77 | 17.0% | -378.98 |
| Peer Median | - | 13.63 | 3.18 | 12.7% | 13.05 | |