Sun Country Airlines Holdings (SNCY) Operating Margin (2020 - 2026)
Sun Country Airlines Holdings' (SNCY) quarterly Operating Margin came in at 10.9% in Q1 2026, down 632.0% year-on-year from 2.05% in Q1 2025, and up 68.59% quarter-over-quarter from 6.46% in Q4 2025.
Sun Country Airlines Holdings (SNCY) Operating Margin (2020 - 2026) Analysis & Trends
Sun Country Airlines Holdings has disclosed Operating Margin across 7 years of filings, most recently posting 10.9% for Q1 2026.
- Operating Margin for Q1 2026 came in at 10.9%, down 632.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.13% (down 268.0% YoY), and the FY2025 annual result was 8.93%, down 93.0% from the prior year.
- Operating Margin came in at 10.9% for Q1 2026 at Sun Country Airlines Holdings, up from 6.46% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 18.97% in Q1 2023 to a low of 1.54% in Q2 2022.
- The 5-year median for Operating Margin is 6.97% (2023), against an average of 9.07%.
- Across the five-year window, Operating Margin slumped 3184 bps in 2022 and surged 1209 bps in 2023, its largest moves.
- Sun Country Airlines Holdings' Operating Margin stood at 6.65% in 2022, then grew by 5 bps to 6.97% in 2023, then surged by 44 bps to 10.01% in 2024, then tumbled by 35 bps to 6.46% in 2025, then jumped by 69 bps to 10.9% in 2026.
- The last three Operating Margin figures came in at 10.9% (Q1 2026), 6.46% (Q4 2025), and 3.87% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -20.08% |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 3.16% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 186.84% |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 4.55% |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 21.77% |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -8.45% |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 12.21% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -2.73% |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -10.00% |
| 10 | Sun Country Airlines Holdings | 872.45 Mn | 700.58 Mn | 328.27 Mn | 10.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.90% |
| Dec 31, 2025 | 6.46% |
| Sep 30, 2025 | 3.87% |
| Jun 30, 2025 | 6.17% |
| Mar 31, 2025 | 17.22% |
| Dec 31, 2024 | 10.01% |
| Sep 30, 2024 | 4.96% |
| Jun 30, 2024 | 4.86% |
| Mar 31, 2024 | 17.71% |
| Dec 31, 2023 | 6.97% |
| Sep 30, 2023 | 7.64% |
| Jun 30, 2023 | 13.63% |
| Mar 31, 2023 | 18.97% |
| Dec 31, 2022 | 6.65% |
| Sep 30, 2022 | 6.94% |
| Jun 30, 2022 | 1.54% |
| Mar 31, 2022 | 9.64% |
| Dec 31, 2021 | 6.30% |
| Sep 30, 2021 | 12.28% |
| Jun 30, 2021 | 33.37% |