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Side-by-side financial comparison of SHOE CARNIVAL INC (SCVL) and Sun Country Airlines Holdings, Inc. (SNCY). Click either name above to swap in a different company.

SHOE CARNIVAL INC is the larger business by last-quarter revenue ($297.2M vs $281.0M, roughly 1.1× Sun Country Airlines Holdings, Inc.). SHOE CARNIVAL INC runs the higher net margin — 4.9% vs 2.9%, a 2.0% gap on every dollar of revenue. On growth, Sun Country Airlines Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs -3.2%). Sun Country Airlines Holdings, Inc. produced more free cash flow last quarter ($34.9M vs $19.7M). Over the past eight quarters, SHOE CARNIVAL INC's revenue compounded faster (3.0% CAGR vs -5.0%).

Shoe Carnival Inc. is an American retailer of family footwear. The company operates 429 stores throughout the midwest, south, and southeast regions, and Puerto Rico. It was founded by David Russell in 1978 and is headquartered in Fort Mill, South Carolina as of 2025.

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.

SCVL vs SNCY — Head-to-Head

Bigger by revenue
SCVL
SCVL
1.1× larger
SCVL
$297.2M
$281.0M
SNCY
Growing faster (revenue YoY)
SNCY
SNCY
+11.1% gap
SNCY
7.9%
-3.2%
SCVL
Higher net margin
SCVL
SCVL
2.0% more per $
SCVL
4.9%
2.9%
SNCY
More free cash flow
SNCY
SNCY
$15.2M more FCF
SNCY
$34.9M
$19.7M
SCVL
Faster 2-yr revenue CAGR
SCVL
SCVL
Annualised
SCVL
3.0%
-5.0%
SNCY

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
SCVL
SCVL
SNCY
SNCY
Revenue
$297.2M
$281.0M
Net Profit
$14.6M
$8.1M
Gross Margin
37.6%
Operating Margin
6.3%
6.5%
Net Margin
4.9%
2.9%
Revenue YoY
-3.2%
7.9%
Net Profit YoY
-23.9%
-39.4%
EPS (diluted)
$0.53
$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
SCVL
SCVL
SNCY
SNCY
Q4 25
$297.2M
$281.0M
Q3 25
$306.4M
$255.5M
Q2 25
$277.7M
$263.6M
Q1 25
$262.9M
$326.6M
Q4 24
$306.9M
$260.4M
Q3 24
$332.7M
$249.5M
Q2 24
$300.4M
$254.4M
Q1 24
$280.2M
$311.5M
Net Profit
SCVL
SCVL
SNCY
SNCY
Q4 25
$14.6M
$8.1M
Q3 25
$19.2M
$1.6M
Q2 25
$9.3M
$6.6M
Q1 25
$14.7M
$36.5M
Q4 24
$19.2M
$13.4M
Q3 24
$22.6M
$2.3M
Q2 24
$17.3M
$1.8M
Q1 24
$15.5M
$35.3M
Gross Margin
SCVL
SCVL
SNCY
SNCY
Q4 25
37.6%
Q3 25
38.8%
Q2 25
34.5%
Q1 25
34.9%
Q4 24
36.0%
Q3 24
36.1%
Q2 24
35.6%
Q1 24
35.6%
Operating Margin
SCVL
SCVL
SNCY
SNCY
Q4 25
6.3%
6.5%
Q3 25
8.2%
3.9%
Q2 25
4.3%
6.2%
Q1 25
5.3%
17.2%
Q4 24
8.0%
10.0%
Q3 24
9.0%
5.0%
Q2 24
7.5%
4.9%
Q1 24
7.1%
17.7%
Net Margin
SCVL
SCVL
SNCY
SNCY
Q4 25
4.9%
2.9%
Q3 25
6.3%
0.6%
Q2 25
3.4%
2.5%
Q1 25
5.6%
11.2%
Q4 24
6.3%
5.2%
Q3 24
6.8%
0.9%
Q2 24
5.8%
0.7%
Q1 24
5.5%
11.3%
EPS (diluted)
SCVL
SCVL
SNCY
SNCY
Q4 25
$0.53
$0.15
Q3 25
$0.70
$0.03
Q2 25
$0.34
$0.12
Q1 25
$0.53
$0.66
Q4 24
$0.70
$0.25
Q3 24
$0.82
$0.04
Q2 24
$0.63
$0.03
Q1 24
$0.57
$0.64

Balance Sheet & Financial Strength

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

Metric
SCVL
SCVL
SNCY
SNCY
Cash + ST InvestmentsLiquidity on hand
$107.7M
$234.3M
Total DebtLower is stronger
$323.3M
Stockholders' EquityBook value
$683.2M
$625.2M
Total Assets
$1.2B
$1.7B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SCVL
SCVL
SNCY
SNCY
Q4 25
$107.7M
$234.3M
Q3 25
$91.9M
$176.2M
Q2 25
$93.0M
$138.3M
Q1 25
$123.1M
$158.8M
Q4 24
$91.1M
$187.3M
Q3 24
$84.5M
$146.5M
Q2 24
$69.5M
$135.2M
Q1 24
$111.2M
$161.2M
Total Debt
SCVL
SCVL
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
SCVL
SCVL
SNCY
SNCY
Q4 25
$683.2M
$625.2M
Q3 25
$670.7M
$610.2M
Q2 25
$653.6M
$613.0M
Q1 25
$649.0M
$603.0M
Q4 24
$635.7M
$570.4M
Q3 24
$618.5M
$552.5M
Q2 24
$597.8M
$546.9M
Q1 24
$583.4M
$541.0M
Total Assets
SCVL
SCVL
SNCY
SNCY
Q4 25
$1.2B
$1.7B
Q3 25
$1.2B
$1.6B
Q2 25
$1.1B
$1.6B
Q1 25
$1.1B
$1.6B
Q4 24
$1.1B
$1.6B
Q3 24
$1.1B
$1.6B
Q2 24
$1.1B
$1.6B
Q1 24
$1.0B
$1.6B
Debt / Equity
SCVL
SCVL
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
SCVL
SCVL
SNCY
SNCY
Operating Cash FlowLast quarter
$33.6M
$78.9M
Free Cash FlowOCF − Capex
$19.7M
$34.9M
FCF MarginFCF / Revenue
6.6%
12.4%
Capex IntensityCapex / Revenue
4.7%
15.7%
Cash ConversionOCF / Net Profit
2.30×
9.69×
TTM Free Cash FlowTrailing 4 quarters
$35.1M
$84.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SCVL
SCVL
SNCY
SNCY
Q4 25
$33.6M
$78.9M
Q3 25
$13.3M
$41.9M
Q2 25
$-9.6M
$19.8M
Q1 25
$44.5M
$16.4M
Q4 24
$17.3M
$90.6M
Q3 24
$23.7M
$35.4M
Q2 24
$17.1M
$8.2M
Q1 24
$53.4M
$30.7M
Free Cash Flow
SCVL
SCVL
SNCY
SNCY
Q4 25
$19.7M
$34.9M
Q3 25
$2.2M
$34.0M
Q2 25
$-23.0M
$14.0M
Q1 25
$36.2M
$1.0M
Q4 24
$8.3M
$85.8M
Q3 24
$18.2M
$31.0M
Q2 24
$6.9M
$-382.0K
Q1 24
$40.7M
$1.0M
FCF Margin
SCVL
SCVL
SNCY
SNCY
Q4 25
6.6%
12.4%
Q3 25
0.7%
13.3%
Q2 25
-8.3%
5.3%
Q1 25
13.8%
0.3%
Q4 24
2.7%
33.0%
Q3 24
5.5%
12.4%
Q2 24
2.3%
-0.2%
Q1 24
14.5%
0.3%
Capex Intensity
SCVL
SCVL
SNCY
SNCY
Q4 25
4.7%
15.7%
Q3 25
3.6%
3.1%
Q2 25
4.8%
2.2%
Q1 25
3.2%
4.7%
Q4 24
3.0%
1.8%
Q3 24
1.7%
1.8%
Q2 24
3.4%
3.4%
Q1 24
4.5%
9.5%
Cash Conversion
SCVL
SCVL
SNCY
SNCY
Q4 25
2.30×
9.69×
Q3 25
0.69×
27.03×
Q2 25
-1.03×
3.01×
Q1 25
3.04×
0.45×
Q4 24
0.90×
6.74×
Q3 24
1.05×
15.13×
Q2 24
0.99×
4.50×
Q1 24
3.44×
0.87×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SCVL
SCVL

Segment breakdown not available.

SNCY
SNCY

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

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