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Sun Country Airlines Holdings, Inc.

NASDAQ•SNCY
CEO: Mr. Jude I. Bricker
Sector: Industrials
Industry: Airlines, Airports & Air Services
Listing Date: 2021-03-17
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 crew, maintenance, and insurance services through ad hoc, repeat, short-term, and long-term service contracts; and loyalty program rewards. As of December 31, 2023, its fleet consisted of 60 Boeing 737-NG aircraft, which includes 42 passenger fleet, 12 cargo, and 6 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 1983 and is headquartered in Minneapolis, Minnesota.
Contact Information
2005 Cargo Road, Minneapolis, MN, 55450, United States
651-681-3900
www.suncountry.com
Market Cap
$1.01B
P/E (TTM)
19.7
17.9
Dividend Yield
--
52W High
$22.29
52W Low
$8.10
52W Range
77%
Rank51Top 71.3%
3.0
F-Score
Modified Piotroski Analysis
Based on 7-year fundamentals
Weak • 3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2019-2025

Financial Dashboard

Q4 2025 Data

Revenue

$280.96M+0.00%
4-Quarter Trend

EPS

$0.15+0.00%
4-Quarter Trend

FCF

$34.94M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Cargo Revenue Drives Top Line Total operating revenues reached $1.13B, marking a 5% increase, primarily fueled by 45% Cargo revenue growth to $155.0M.
Fuel Costs Decline Significantly Average fuel cost per gallon dropped 8% to $2.56 USD, aiding margin efforts despite rising labor expenses across operations.
Fleet Expansion Continues Fleet size increased to 70 Boeing 737-NG aircraft by year-end 2025, supporting operational flexibility across Passenger and Cargo segments.
Ancillary Revenue Per Passenger Ancillary revenue per passenger increased 2% to $70.12 USD, demonstrating success in unbundled product strategy execution.

Risk Factors

Labor Costs Increase Sharply Salaries, Wages, and Benefits expense rose 14% to $372.6M, impacted by new collective bargaining agreements and increased headcount.
Operating Income Declines Operating Income fell 5% to $100.6M for 2025, reflecting cost pressures outpacing revenue gains in the Scheduled Service line.
Pending Merger Uncertainty The Allegiant Merger introduces significant management time diversion and substantial non-recurring costs regardless of closing success.
High Customer Concentration Business remains highly tied to Amazon Cargo (14% of revenue) and MSP hub traffic, posing concentration risk.

Outlook

Allegiant Merger Closing Expected Merger expected to close in the second half of 2026, contingent upon satisfaction of various regulatory and stockholder approvals.
Cargo Operations Expansion Agreed to operate two additional Amazon cargo aircraft, increasing total dedicated freighters to 22 units by early 2026.
Strategy Focus on Profitability Strategy relies on agile peak demand scheduling and maintaining a competitive low-cost structure to drive unit profitability.
Retain Earnings for Growth Do not anticipate paying dividends in the foreseeable future, retaining all earnings for expansion and debt repayment.

Peer Comparison

Revenue (TTM)

VLRS stock ticker logoVLRS
$3.04B
-3.3%
BXC stock ticker logoBXC
$2.95B
+0.1%
FWRD stock ticker logoFWRD
$2.50B
+0.8%

Gross Margin (Latest Quarter)

SNCY stock ticker logoSNCY
65.4%
+44.9pp
EH stock ticker logoEH
60.8%
-0.4pp
FWRD stock ticker logoFWRD
48.4%
-14.5pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SNCY$1.01B19.78.6%35.2%
NX$933.93M-3.7-29.4%43.4%
VLRS$905.93M-16.1-20.7%68.4%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-4.9%
Flat Growth
4Q Net Income CAGR
-39.4%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 29, 2026
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EPS:-
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Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data