vs

Side-by-side financial comparison of REX AMERICAN RESOURCES Corp (REX) and Sun Country Airlines Holdings, Inc. (SNCY). Click either name above to swap in a different company.

Sun Country Airlines Holdings, Inc. is the larger business by last-quarter revenue ($281.0M vs $175.6M, roughly 1.6× REX AMERICAN RESOURCES Corp). REX AMERICAN RESOURCES Corp runs the higher net margin — 15.6% vs 2.9%, a 12.7% gap on every dollar of revenue. On growth, Sun Country Airlines Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs 0.4%). Sun Country Airlines Holdings, Inc. produced more free cash flow last quarter ($34.9M vs $24.5M). Over the past eight quarters, REX AMERICAN RESOURCES Corp's revenue compounded faster (-3.2% CAGR vs -5.0%).

REX American Resources Corp. is an American producer and retailer of ethanol, distillers grains and natural gas as well as a holding company in energy entities. It was founded in 1980 and is headquartered in Dayton, Ohio. The company has the entire ownership of three affiliated corporations including Rex Radio and Television, Inc., Stereo Town, Inc. and Kelly & Cohen Appliances, Inc. As of 2012, the company has the ownership of 22 national retail stores and invested in five ethanol production...

Frontier Airlines, Inc. is a major American ultra low-cost airline headquartered in Denver, Colorado. It operates flights to over 120 destinations in the United States, the Caribbean, Mexico and Central America, and employs more than 5,000 staff. The carrier is a publicly traded company and maintains bases at Denver International Airport, Orlando International Airport, and eleven other cities across the contiguous United States and Puerto Rico.

REX vs SNCY — Head-to-Head

Bigger by revenue
SNCY
SNCY
1.6× larger
SNCY
$281.0M
$175.6M
REX
Growing faster (revenue YoY)
SNCY
SNCY
+7.5% gap
SNCY
7.9%
0.4%
REX
Higher net margin
REX
REX
12.7% more per $
REX
15.6%
2.9%
SNCY
More free cash flow
SNCY
SNCY
$10.4M more FCF
SNCY
$34.9M
$24.5M
REX
Faster 2-yr revenue CAGR
REX
REX
Annualised
REX
-3.2%
-5.0%
SNCY

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
REX
REX
SNCY
SNCY
Revenue
$175.6M
$281.0M
Net Profit
$27.5M
$8.1M
Gross Margin
20.6%
Operating Margin
20.2%
6.5%
Net Margin
15.6%
2.9%
Revenue YoY
0.4%
7.9%
Net Profit YoY
-8.7%
-39.4%
EPS (diluted)
$0.71
$0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
REX
REX
SNCY
SNCY
Q4 25
$175.6M
$281.0M
Q3 25
$158.6M
$255.5M
Q2 25
$158.3M
$263.6M
Q1 25
$158.2M
$326.6M
Q4 24
$174.9M
$260.4M
Q3 24
$148.2M
$249.5M
Q2 24
$161.2M
$254.4M
Q1 24
$187.6M
$311.5M
Net Profit
REX
REX
SNCY
SNCY
Q4 25
$27.5M
$8.1M
Q3 25
$9.3M
$1.6M
Q2 25
$10.7M
$6.6M
Q1 25
$14.1M
$36.5M
Q4 24
$30.1M
$13.4M
Q3 24
$15.0M
$2.3M
Q2 24
$12.3M
$1.8M
Q1 24
$25.3M
$35.3M
Gross Margin
REX
REX
SNCY
SNCY
Q4 25
20.6%
Q3 25
9.0%
Q2 25
9.1%
Q1 25
11.1%
Q4 24
22.7%
Q3 24
13.3%
Q2 24
9.0%
Q1 24
16.2%
Operating Margin
REX
REX
SNCY
SNCY
Q4 25
20.2%
6.5%
Q3 25
3.9%
Q2 25
6.2%
Q1 25
11.3%
17.2%
Q4 24
22.6%
10.0%
Q3 24
13.2%
5.0%
Q2 24
9.9%
4.9%
Q1 24
17.3%
17.7%
Net Margin
REX
REX
SNCY
SNCY
Q4 25
15.6%
2.9%
Q3 25
5.9%
0.6%
Q2 25
6.7%
2.5%
Q1 25
8.9%
11.2%
Q4 24
17.2%
5.2%
Q3 24
10.1%
0.9%
Q2 24
7.6%
0.7%
Q1 24
13.5%
11.3%
EPS (diluted)
REX
REX
SNCY
SNCY
Q4 25
$0.71
$0.15
Q3 25
$0.43
$0.03
Q2 25
$0.51
$0.12
Q1 25
$-0.32
$0.66
Q4 24
$0.69
$0.25
Q3 24
$0.70
$0.04
Q2 24
$0.58
$0.03
Q1 24
$-0.58
$0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
REX
REX
SNCY
SNCY
Cash + ST InvestmentsLiquidity on hand
$335.5M
$234.3M
Total DebtLower is stronger
$323.3M
Stockholders' EquityBook value
$566.9M
$625.2M
Total Assets
$750.1M
$1.7B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REX
REX
SNCY
SNCY
Q4 25
$335.5M
$234.3M
Q3 25
$310.5M
$176.2M
Q2 25
$315.9M
$138.3M
Q1 25
$359.1M
$158.8M
Q4 24
$365.1M
$187.3M
Q3 24
$346.0M
$146.5M
Q2 24
$351.8M
$135.2M
Q1 24
$378.7M
$161.2M
Total Debt
REX
REX
SNCY
SNCY
Q4 25
$323.3M
Q3 25
$301.3M
Q2 25
$282.1M
Q1 25
$312.6M
Q4 24
$327.1M
Q3 24
$351.8M
Q2 24
$365.5M
Q1 24
$388.1M
Stockholders' Equity
REX
REX
SNCY
SNCY
Q4 25
$566.9M
$625.2M
Q3 25
$545.8M
$610.2M
Q2 25
$536.4M
$613.0M
Q1 25
$560.3M
$603.0M
Q4 24
$564.5M
$570.4M
Q3 24
$539.6M
$552.5M
Q2 24
$524.5M
$546.9M
Q1 24
$513.9M
$541.0M
Total Assets
REX
REX
SNCY
SNCY
Q4 25
$750.1M
$1.7B
Q3 25
$700.6M
$1.6B
Q2 25
$693.8M
$1.6B
Q1 25
$720.0M
$1.6B
Q4 24
$715.7M
$1.6B
Q3 24
$680.0M
$1.6B
Q2 24
$671.0M
$1.6B
Q1 24
$664.8M
$1.6B
Debt / Equity
REX
REX
SNCY
SNCY
Q4 25
0.52×
Q3 25
0.49×
Q2 25
0.46×
Q1 25
0.52×
Q4 24
0.57×
Q3 24
0.64×
Q2 24
0.67×
Q1 24
0.72×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
REX
REX
SNCY
SNCY
Operating Cash FlowLast quarter
$51.2M
$78.9M
Free Cash FlowOCF − Capex
$24.5M
$34.9M
FCF MarginFCF / Revenue
14.0%
12.4%
Capex IntensityCapex / Revenue
15.2%
15.7%
Cash ConversionOCF / Net Profit
1.87×
9.69×
TTM Free Cash FlowTrailing 4 quarters
$17.6M
$84.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
REX
REX
SNCY
SNCY
Q4 25
$51.2M
$78.9M
Q3 25
$16.3M
$41.9M
Q2 25
$-3.5M
$19.8M
Q1 25
$25.1M
$16.4M
Q4 24
$33.4M
$90.6M
Q3 24
$8.0M
$35.4M
Q2 24
$-2.3M
$8.2M
Q1 24
$62.5M
$30.7M
Free Cash Flow
REX
REX
SNCY
SNCY
Q4 25
$24.5M
$34.9M
Q3 25
$-5.7M
$34.0M
Q2 25
$-10.4M
$14.0M
Q1 25
$9.2M
$1.0M
Q4 24
$18.2M
$85.8M
Q3 24
$-7.4M
$31.0M
Q2 24
$-27.1M
$-382.0K
Q1 24
$47.2M
$1.0M
FCF Margin
REX
REX
SNCY
SNCY
Q4 25
14.0%
12.4%
Q3 25
-3.6%
13.3%
Q2 25
-6.6%
5.3%
Q1 25
5.8%
0.3%
Q4 24
10.4%
33.0%
Q3 24
-5.0%
12.4%
Q2 24
-16.8%
-0.2%
Q1 24
25.2%
0.3%
Capex Intensity
REX
REX
SNCY
SNCY
Q4 25
15.2%
15.7%
Q3 25
13.9%
3.1%
Q2 25
4.4%
2.2%
Q1 25
10.0%
4.7%
Q4 24
8.7%
1.8%
Q3 24
10.4%
1.8%
Q2 24
15.4%
3.4%
Q1 24
8.2%
9.5%
Cash Conversion
REX
REX
SNCY
SNCY
Q4 25
1.87×
9.69×
Q3 25
1.75×
27.03×
Q2 25
-0.33×
3.01×
Q1 25
1.78×
0.45×
Q4 24
1.11×
6.74×
Q3 24
0.53×
15.13×
Q2 24
-0.18×
4.50×
Q1 24
2.47×
0.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

REX
REX

Ethanol$136.0M77%
Dried Distillers Grains$22.4M13%
Distillers Corn Oil$16.4M9%
Modified Distillers Grains$1.2M1%

SNCY
SNCY

Scheduled Service$95.6M34%
Ancillary$69.3M25%
Charter Service$56.6M20%
Cargo And Freight$48.0M17%
Service Other$11.4M4%

Related Comparisons