Sun Country Airlines Holdings (SNCY) Financial Statements
Price: $13.54
Market Cap: $719.76M
Avg Volume: 835.54K
Market Cap: $719.76M
Avg Volume: 835.54K
Country: US
Industry: Airlines, Airports & Air Services
Sector: Industrials
Industry: Airlines, Airports & Air Services
Sector: Industrials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Sun Country Airlines Holdings.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.08B | $1.05B | $894.44M | $623.01M | $401.49M | $701.38M | $582.38M |
| Cost of Revenue | $326.77M | $780.45M | $716.71M | $487.79M | $383.38M | $512.60M | $527.44M |
| Gross Profit | $748.96M | $269.17M | $177.74M | $135.22M | $18.11M | $188.79M | $54.95M |
| Gross Profit Ratio | 69.62% | 25.60% | 19.87% | 21.70% | 4.51% | 26.92% | 9.43% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $34.94M | $34.10M | $31.05M | $22.06M | $16.57M | $35.39M | $28.03M |
| Selling General and Administrative Expenses | $34.94M | $34.10M | $31.05M | $22.06M | $16.57M | $35.39M | $28.03M |
| Other Expenses | $608.04M | $107.56M | $90.98M | $71.58M | $-15.92M | $74.56M | $- |
| Operating Expenses | $642.98M | $141.67M | $122.03M | $93.64M | $648.00K | $109.95M | $28.03M |
| Cost and Expenses | $969.75M | $922.12M | $838.74M | $581.43M | $384.02M | $622.55M | $555.47M |
| Interest Income | $7.83M | $10.18M | $4.53M | $85.00K | $377.00K | $937.00K | $6.04M |
| Interest Expense | $44.30M | $42.63M | $31.02M | $26.33M | $22.07M | $17.17M | $- |
| Depreciation and Amortization | $96.70M | $89.45M | $69.18M | $73.55M | $73.97M | $34.88M | $16.93M |
| EBITDA | $210.58M | $226.24M | $123.35M | $200.21M | $91.36M | $120.09M | $43.84M |
| EBITDA Ratio | 19.58% | 21.55% | 6.15% | 9.04% | 16.33% | 16.10% | 7.53% |
| Operating Income | $105.99M | $127.50M | $-12.64M | $1.27M | $17.39M | $78.12M | $26.91M |
| Operating Income Ratio | 9.85% | 12.15% | -1.41% | 0.20% | 4.33% | 11.14% | 4.62% |
| Total Other Income Expenses Net | $-36.41M | $-33.34M | $-31.73M | $-11.62M | $-22.07M | $-17.96M | $-1.21M |
| Income Before Tax | $69.57M | $94.16M | $23.98M | $95.42M | $-4.68M | $60.16M | $25.70M |
| Income Before Tax Ratio | 6.47% | 8.97% | 2.68% | 15.32% | -1.17% | 8.58% | 4.41% |
| Income Tax Expense | $16.67M | $21.98M | $6.31M | $17.95M | $-778.00K | $14.09M | $161.00K |
| Net Income | $52.90M | $72.18M | $17.68M | $81.25M | $-3.90M | $46.07M | $25.54M |
| Net Income Ratio | 4.92% | 6.88% | 1.98% | 13.04% | -0.97% | 6.57% | 4.39% |
| EPS | $1.00 | $1.30 | $0.31 | $1.47 | $-0.07 | $0.81 | $0.45 |
| EPS Diluted | $0.96 | $1.23 | $0.29 | $1.37 | $-0.07 | $0.81 | $0.45 |
| Weighted Average Shares Outstanding | 52.91M | 55.51M | 57.95M | 55.18M | 57.15M | 57.15M | 57.15M |
| Weighted Average Shares Outstanding Diluted | 55.06M | 58.52M | 61.05M | 59.32M | 57.15M | 57.15M | 57.15M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $83.22M | $46.28M | $92.10M | $309.30M | $62.03M | $51.01M | $43.44M |
| Short Term Investments | $104.05M | $141.13M | $178.94M | $6.28M | $5.62M | $5.69M | $8.82M |
| Cash and Short Term Investments | $187.27M | $187.41M | $92.10M | $309.30M | $67.65M | $56.70M | $52.26M |
| Net Receivables | $35.30M | $38.17M | $35.12M | $30.16M | $28.69M | $22.41M | $11.06M |
| Inventory | $10.47M | $7.79M | $7.66M | $5.41M | $5.41M | $5.27M | $4.83M |
| Other Current Assets | $33.55M | $37.99M | $31.68M | $24.26M | $24.99M | $28.14M | $29.98M |
| Total Current Assets | $266.58M | $271.35M | $345.50M | $375.40M | $126.74M | $112.53M | $81.42M |
| Property Plant Equipment Net | $994.91M | $983.90M | $785.70M | $573.60M | $546.04M | $510.19M | $190.66M |
| Goodwill | $222.22M | $222.22M | $222.22M | $222.22M | $222.22M | $222.22M | $222.22M |
| Intangible Assets | $77.84M | $83.55M | $85.11M | $89.11M | $93.11M | $97.11M | $101.11M |
| Goodwill and Intangible Assets | $300.06M | $305.77M | $307.33M | $311.33M | $315.33M | $319.33M | $323.33M |
| Long Term Investments | $- | $- | $-178.76M | $-330.07M | $22.58M | $28.27M | $- |
| Tax Assets | $- | $- | $12.96M | $18.74M | $36.22M | $35.43M | $49.49M |
| Other Non-Current Assets | $68.62M | $62.60M | $251.77M | $427.60M | $6.36M | $2.13M | $30.94M |
| Total Non-Current Assets | $1.36B | $1.35B | $1.18B | $1.00B | $926.53M | $895.35M | $594.41M |
| Other Assets | $- | $- | $-100.00K | $- | $- | $- | $- |
| Total Assets | $1.63B | $1.62B | $1.52B | $1.38B | $1.05B | $1.01B | $675.83M |
| Account Payables | $56.03M | $59.01M | $62.37M | $39.80M | $34.03M | $43.90M | $28.67M |
| Short Term Debt | $134.49M | $121.15M | $81.83M | $58.35M | $72.07M | $136.13M | $14.72M |
| Tax Payables | $30.86M | $18.10M | $17.67M | $12.74M | $5.88M | $13.73M | $- |
| Deferred Revenue | $-46.91M | $- | $- | $118.60M | $101.08M | $116.66M | $- |
| Other Current Liabilities | $200.91M | $220.32M | $215.26M | $170.76M | $141.75M | $159.80M | $179.53M |
| Total Current Liabilities | $422.29M | $418.58M | $377.10M | $281.70M | $253.74M | $353.55M | $222.92M |
| Long Term Debt | $508.00M | $576.62M | $547.83M | $487.27M | $464.76M | $320.64M | $135.53M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $23.57M | $9.15M | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $105.95M | $104.87M | $106.74M | $120.91M | $50.95M | $49.97M | $81.74M |
| Total Non-Current Liabilities | $637.51M | $690.64M | $654.60M | $608.10M | $515.71M | $370.60M | $217.26M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.06B | $1.11B | $1.03B | $889.80M | $769.45M | $724.15M | $440.19M |
| Preferred Stock | $- | $- | $- | $- | $3.50M | $3.50M | $- |
| Common Stock | $595.00K | $589.00K | $582.00K | $579.00K | $239.16M | $239.14M | $239.14M |
| Retained Earnings | $147.13M | $94.23M | $22.05M | $594.00K | $38.32M | $42.23M | $-367.00K |
| Accumulated Other Comprehensive Income Loss | $-92.00K | $-62.00K | $-807.00K | $0 | $-3.50M | $-3.50M | $-3.50M |
| Other Total Stockholders Equity | $422.74M | $419.65M | $470.89M | $485.64M | $248.53M | $5.86M | $373.00K |
| Total Stockholders Equity | $570.37M | $514.40M | $492.70M | $486.80M | $283.82M | $283.72M | $235.65M |
| Total Equity | $570.37M | $514.40M | $492.70M | $486.80M | $283.82M | $283.72M | $235.65M |
| Total Liabilities and Stockholders Equity | $1.63B | $1.62B | $1.52B | $1.38B | $1.05B | $1.01B | $675.83M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $1.63B | $1.62B | $1.52B | $1.38B | $1.05B | $1.01B | $675.83M |
| Total Investments | $104.05M | $141.13M | $178.94K | $6.28M | $5.62M | $5.69M | $8.82M |
| Total Debt | $619.03M | $697.78M | $629.60M | $545.60M | $536.83M | $456.76M | $150.25M |
| Net Debt | $535.82M | $651.50M | $537.50M | $236.30M | $474.80M | $405.76M | $106.81M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 |
|---|---|---|---|---|---|---|---|
| Net Income | $52.90M | $72.18M | $17.68M | $77.47M | $-3.90M | $46.07M | $25.54M |
| Depreciation and Amortization | $96.70M | $89.45M | $67.64M | $55.02M | $48.09M | $34.88M | $16.93M |
| Deferred Income Tax | $14.43M | $21.55M | $9.89M | $1.08M | $-789.00K | $14.02M | $147.00K |
| Stock Based Compensation | $6.02M | $9.27M | $2.77M | $5.56M | $2.11M | $1.89M | $373.00K |
| Change in Working Capital | $- | $-25.13M | $24.53M | $9.78M | $-76.60M | $-44.00M | $-18.57M |
| Accounts Receivables | $- | $-2.67M | $-3.31M | $-481.00K | $-6.28M | $-11.35M | $21.51M |
| Inventory | $- | $-1.46M | $-3.01M | $-484.00K | $-614.00K | $-869.00K | $-137.00K |
| Accounts Payables | $-2.96M | $-3.03M | $17.62M | $5.82M | $-7.17M | $9.04M | $11.98M |
| Other Working Capital | $-8.87M | $-17.97M | $13.24M | $4.92M | $-62.53M | $-40.82M | $-51.92M |
| Other Non Cash Items | $-5.19M | $6.79M | $4.88M | $3.09M | $31.47M | $10.42M | $-5.20M |
| Net Cash Provided by Operating Activities | $164.86M | $174.12M | $127.40M | $152.00M | $374.00K | $63.27M | $18.35M |
| Investments in Property Plant and Equipment | $-47.33M | $-218.16M | $-187.90M | $-116.30M | $-96.30M | $-69.82M | $-81.26M |
| Acquisitions Net | $- | $- | $2.45M | $660.00K | $200.00K | $-252.00K | $- |
| Purchases of Investments | $-92.40M | $-95.53M | $-178.96M | $-1.80M | $-927.00K | $-3.39M | $-5.49M |
| Sales Maturities of Investments | $130.12M | $137.51M | $6.24M | $1.14M | $997.00K | $3.65M | $3.34M |
| Other Investing Activities | $18.01M | $4.95M | $8.87M | $-700.00K | $270.00K | $252.00K | $-2.15M |
| Net Cash Used for Investing Activities | $8.40M | $-171.23M | $-349.30M | $-117.00M | $-96.03M | $-69.56M | $-83.42M |
| Debt Repayment | $-121.46M | $28.04M | $32.72M | $-16.80M | $105.70M | $23.22M | $54.20M |
| Common Stock Issued | $- | $- | $- | $235.89M | $21.00K | $4.67M | $47.87M |
| Common Stock Repurchased | $-12.13M | $-68.58M | $-25.05M | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $-10.55M |
| Other Financing Activities | $-2.87M | $-1.59M | $-636.00K | $-6.71M | $-4.17M | $4.11M | $47.87M |
| Net Cash Used Provided by Financing Activities | $-136.47M | $-42.14M | $7.00M | $212.40M | $101.54M | $27.33M | $91.51M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $36.79M | $-39.25M | $-214.90M | $247.40M | $5.88M | $21.04M | $26.44M |
| Cash at End of Period | $100.47M | $63.68M | $102.90M | $317.80M | $70.36M | $64.48M | $43.44M |
| Cash at Beginning of Period | $63.68M | $102.93M | $317.80M | $70.40M | $64.48M | $43.44M | $17.00M |
| Operating Cash Flow | $164.86M | $174.12M | $127.40M | $152.00M | $374.00K | $63.27M | $18.35M |
| Capital Expenditure | $-47.33M | $-218.16M | $-187.90M | $-116.30M | $-96.30M | $-69.82M | $-81.26M |
| Free Cash Flow | $117.53M | $-44.04M | $-60.50M | $35.70M | $-95.92M | $-6.54M | $-62.92M |