Sun Country Airlines
SNCY
$10.75
Share price
-2.45%
Change (1 day)
-41.00%
Change (1 year)
Categories
Operating Margin for Sun Country Airlines (SNCY)
Operating Margin as of May 2024 (TTM): 6.98%
According to Sun Country Airlines's latest financial reports and stock price the company's current Operating Margin is 6.98%. At the end of 2021 the company had an Operating Margin of 15.32%.
Operating Margin history for Sun Country Airlines from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 15.32% | -1413.39% |
| 2020 | -1.17% | -113.6% |
| 2019 | 8.58% |
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.