Sun Country Airlines
SNCY
#6290
Rank
โ‚น47.13 B
Marketcap
โ‚น892.63
Share price
-3.01%
Change (1 day)
-26.17%
Change (1 year)

Operating Margin for Sun Country Airlines (SNCY)

Operating Margin as of September 2024 (TTM): 6.35%

According to Sun Country Airlines's latest financial reports and stock price the company's current Operating Margin is 6.35%. At the end of 2023 the company had an Operating Margin of 8.97%.

Operating Margin history for Sun Country Airlines from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20238.97%234.58%
20222.68%-83.35%
202116.10%-1480.93%
2020-1.17%-113.6%
20198.58%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.