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Spirit Airlines stock price, quote, forecast and news

SAVE
US8485771021
A1CX36

Price

2.47
Today +/-
-0.04
Today %
-1.61 %
P

Spirit Airlines stock price

%
Weekly
Details

Price

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Overview

The Quote Chart provides detailed and dynamic insights into the Spirit Airlines stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Spirit Airlines stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Spirit Airlines stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Spirit Airlines's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Spirit Airlines Stock Price History

DateSpirit Airlines Price
9/9/20242.47 undefined
9/6/20242.51 undefined
9/5/20242.51 undefined
9/4/20242.47 undefined
9/3/20242.44 undefined
8/30/20242.58 undefined
8/29/20242.64 undefined
8/28/20242.53 undefined
8/27/20242.63 undefined
8/26/20242.67 undefined
8/23/20242.80 undefined
8/22/20242.72 undefined
8/21/20242.82 undefined
8/20/20242.79 undefined
8/19/20242.87 undefined
8/16/20242.79 undefined
8/15/20242.81 undefined
8/14/20242.65 undefined
8/13/20242.54 undefined
8/12/20242.52 undefined

Spirit Airlines Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

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Understanding Revenue, EBIT, and Income

Gain insights into Spirit Airlines, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Spirit Airlines from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Spirit Airlines’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Spirit Airlines. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Spirit Airlines’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Spirit Airlines’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Spirit Airlines’s growth potential.

Spirit Airlines Revenue, EBIT and net profit per share

DateSpirit Airlines RevenueSpirit Airlines EBITSpirit Airlines Net Income
2026e5.67 B undefined37.98 M undefined-154.72 M undefined
2025e5.15 B undefined-220.6 M undefined-496.92 M undefined
2024e5.11 B undefined-564.48 M undefined-728.88 M undefined
20235.36 B undefined-392.25 M undefined-447.46 M undefined
20225.07 B undefined-132.1 M undefined-554.2 M undefined
20213.23 B undefined-431.3 M undefined-472.6 M undefined
20201.81 B undefined-808.3 M undefined-428.7 M undefined
20193.83 B undefined519.1 M undefined335.3 M undefined
20183.32 B undefined449.5 M undefined155.7 M undefined
20172.64 B undefined401.6 M undefined415.5 M undefined
20162.32 B undefined482.9 M undefined263.5 M undefined
20152.14 B undefined518.1 M undefined317.2 M undefined
20141.93 B undefined363.3 M undefined225.5 M undefined
20131.65 B undefined292.2 M undefined176.9 M undefined
20121.32 B undefined166.7 M undefined108.5 M undefined
20111.07 B undefined140.4 M undefined76.4 M undefined
2010781.3 M undefined68.1 M undefined72.5 M undefined
2009700 M undefined92.3 M undefined83.7 M undefined
2008787.3 M undefined-13.3 M undefined33.3 M undefined
2007762.9 M undefined32.2 M undefined1.4 M undefined
2006543.2 M undefined-28.6 M undefined-80.7 M undefined

Spirit Airlines Income Statement, Balance Sheet, Cash Flow Statement

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  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (B)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (B)EBIT (M)EBIT MARGIN (%)NET INCOME (M)NET INCOME GROWTH (%)SHARES (M)DOCUMENTS
2006200720082009201020112012201320142015201620172018201920202021202220232024e2025e2026e
0.540.760.790.70.781.071.321.651.932.142.322.643.323.831.813.235.075.365.115.155.67
-40.333.28-11.0511.5737.1323.0625.4916.7510.888.3613.9225.7315.26-52.7478.4556.905.80-4.760.9010.07
15.8423.4921.3531.8625.3527.0827.7732.4132.8341.3440.8637.9534.3736.27-4.9216.3821.0916.99---
0.090.180.170.220.20.290.370.540.630.890.9511.141.39-0.090.531.070.91000
-2832-139268140166292363518482401449519-808-431-132-392-564-22037
-5.164.20-1.6513.148.7113.0712.5917.6518.8024.1920.7815.1713.5113.55-44.64-13.34-2.60-7.31-11.04-4.270.65
-80133837276108176225317263415155335-428-472-554-447-728-496-154
--101.253,200.00151.52-13.255.5642.1162.9627.8440.89-17.0357.79-62.65116.13-227.7610.2817.37-19.3162.86-31.87-68.95
71.871.871.871.826.753.572.67372.872.470.569.468.468.684.7105108.8109.15000
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Keystats

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Revenue and Growth

The Spirit Airlines Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Spirit Airlines is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (B)RECEIVABLES (M)OTHER REC. (M)INVENTORIES (M)OTHER CURRENT LIAB. (M)CURRENT ASSETS (B)TANGIBLE ASSETS (B)LONG-T. INVEST. (M)LONG-T. REC. (M)INTANGIBLE ASSETS (M)GOODWILL (M)OTHER NON-CURRENT ASSETS (M)NON-CURRENT ASSETS (B)TOTAL ASSETS (B)LIABILITIESCOMMON STOCK (k)ADDITIONAL PAID-IN CAPITAL (B)RETAINED EARNINGS (B)OTHER EQUITY (M)UNREAL. GAINS/LOSSES (M)EQUITY (B)LIABILITIES (M)PROVISIONS (B)OTHER SHORT-TERM LIAB. (M)SHORT-TERM DEBTS (M)LONG-TERM DEBT PORTION (M)SHORT-TERM REC. (B)LONG-T. LIAB. (B)DEFERRED TAXES (M)OTHER LIAB. (B)LONG-T. LIABILITIES (B)DEBT (B)TOTAL CAPITAL (B)
200920102011201220132014201520162017201820192020202120222023
                             
0.090.080.340.420.530.630.80.80.91.111.081.91.441.450.98
8.39.515.422.723.222.728.341.149.347.773.842.9128.8197.3205.47
0000000069.9021147.537.936.20
000000000000000
69.315983.9107.895.266.1194.4133.6261.1190.3206.3269.5235.9307328.95
0.160.250.440.550.650.721.030.981.281.351.392.361.841.991.51
0.020.020.020.030.040.230.841.472.243.124.95.255.816.457.08
000000000000000
000000000000000
000000000000000
000000000000000
145.7205.2279.9344.1496.1645.9660710.9625.2704758.1793.5890.4741.7824.95
0.160.220.30.370.530.871.52.182.863.825.666.046.77.197.91
0.330.480.750.921.181.592.533.154.155.177.048.48.549.189.42
                             
0000000000000011
000.50.50.520.530.540.550.360.370.380.81.131.151.16
-0.18-0.11-0.030.080.260.480.81.061.471.631.961.521.060.50.06
00000-0.7-1.5-1.3-1.5-1.2-0.8-0.6-0.5-0.6-0.07
000000000000000
-0.18-0.110.470.580.771.011.341.611.8322.332.322.191.651.21
15.313.415.924.223.113.41715.222.839.343.628.54575.442.1
0.090.10.110.150.290.310.360.40.490.590.750.830.971.121.17
58.87398.9100.318.62738.431.840.140.955.498.855.951.3140.17
000000000000000
3.223.200010.449.684.4115.4163.6258.9384.2208.9346.9315.58
0.160.210.230.280.340.370.470.530.660.831.111.341.281.61.67
0.090.090000.140.60.91.392.021.963.072.983.23.06
0012.133.248.966.4221.5308.1308.8355.1469.3439.9375.5226.8107.76
0.260.270.040.030.030.020.020.020.020.021.241.31.82.593.45
0.340.370.050.060.080.220.841.231.722.43.674.815.156.026.61
0.510.580.280.340.410.591.311.762.383.244.786.156.437.618.28
0.330.480.750.921.181.62.653.374.215.237.128.478.629.269.5
Details

Balance Sheet

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Understanding the Balance Sheet

The balance sheet of Spirit Airlines provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Spirit Airlines's financial health and stability.

Assets

Spirit Airlines's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Spirit Airlines must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Spirit Airlines after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Spirit Airlines's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (M)DEPRECIATION (M)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (M)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (M)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (M)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (B)NET CHANGE IN EQUITY (M)CASH FLOW FROM FINANCING ACTIVITIES (B)CASH FLOW FROM OTHER FINANCING ACTIVITIES (M)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (M)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
2008200920102011201220132014201520162017201820192020202120222023
33837276108176225317263415155335-428-472-554-447
445715314773101140176225278297313320
00-524429123415585046115-46-49-148-119
-101-36-3720-33-31-56-88-32-1637-159-6371-120-75
11174022-11120236142131424637443286
01241000074037658080135107138
020140850955573517-1120-32
-516927171113195261473471425506551-225208-89-246
-14-14-5-14-23-19-186-548-539-628-607-334-393-213-237-255
92-30-67-27-90-303-701-824-792-783-456-554-352-265-36
2317-25-53-3-70-117-152-285-163-176-122-160-138-27219
0000000000000000
000-0.02000.150.510.350.530.49-0.121.33-0.660.4-0.2
00017000-1-112-102-46-1-5365374-2-2
0-000.16-0.010.010.140.40.250.470.48-0.121.66-0.290.39-0.2
0-104-128-110-13-62-36-1-37
0000000000000000
-3869-326073113102170-10299203-25882-43236-481
-65.954.321.7157.189.8175.675.2-75.8-67.4-203.7-100.5216.8-618.7-4.9-326.6-502.22
0000000000000000

Spirit Airlines stock margins

The Spirit Airlines margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Spirit Airlines. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Spirit Airlines.

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Gross margin
EBIT margin
Profit margin
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Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Spirit Airlines's sales revenue. A higher gross margin percentage indicates that the Spirit Airlines retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Spirit Airlines's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Spirit Airlines's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Spirit Airlines's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Spirit Airlines. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Spirit Airlines's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Spirit Airlines Margin History

Spirit Airlines Gross marginSpirit Airlines Profit marginSpirit Airlines EBIT marginSpirit Airlines Profit margin
2026e17 %0.67 %-2.73 %
2025e17 %-4.28 %-9.64 %
2024e17 %-11.05 %-14.27 %
202317 %-7.31 %-8.34 %
202221.11 %-2.61 %-10.93 %
202116.38 %-13.35 %-14.63 %
2020-4.94 %-44.66 %-23.69 %
201936.28 %13.55 %8.75 %
201834.39 %13.53 %4.69 %
201737.94 %15.19 %15.72 %
201640.87 %20.81 %11.36 %
201541.35 %24.19 %14.81 %
201432.86 %18.81 %11.67 %
201332.41 %17.66 %10.69 %
201227.8 %12.64 %8.23 %
201127.14 %13.11 %7.13 %
201025.42 %8.72 %9.28 %
200931.99 %13.19 %11.96 %
200821.34 %-1.69 %4.23 %
200723.52 %4.22 %0.18 %
200615.91 %-5.27 %-14.86 %

Spirit Airlines Stock Sales Revenue, EBIT, Earnings per Share

The Spirit Airlines earnings per share therefore indicates how much revenue Spirit Airlines has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Spirit Airlines earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Spirit Airlines's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Spirit Airlines’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Spirit Airlines's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Spirit Airlines Revenue, EBIT and net profit per share

DateSpirit Airlines Sales per ShareSpirit Airlines EBIT per shareSpirit Airlines Earnings per Share
2026e51.79 undefined0 undefined-1.41 undefined
2025e47.05 undefined0 undefined-4.54 undefined
2024e46.63 undefined0 undefined-6.66 undefined
202349.13 undefined-3.59 undefined-4.1 undefined
202246.58 undefined-1.21 undefined-5.09 undefined
202130.77 undefined-4.11 undefined-4.5 undefined
202021.37 undefined-9.54 undefined-5.06 undefined
201955.84 undefined7.57 undefined4.89 undefined
201848.58 undefined6.57 undefined2.28 undefined
201738.09 undefined5.79 undefined5.99 undefined
201632.91 undefined6.85 undefined3.74 undefined
201529.58 undefined7.16 undefined4.38 undefined
201426.53 undefined4.99 undefined3.1 undefined
201322.66 undefined4 undefined2.42 undefined
201218.16 undefined2.3 undefined1.49 undefined
201120.02 undefined2.62 undefined1.43 undefined
201029.26 undefined2.55 undefined2.72 undefined
20099.75 undefined1.29 undefined1.17 undefined
200810.97 undefined-0.19 undefined0.46 undefined
200710.63 undefined0.45 undefined0.02 undefined
20067.57 undefined-0.4 undefined-1.12 undefined

Spirit Airlines business model

Spirit Airlines Inc is a US-based low-cost airline that has been in operation since 1983 and is headquartered in Miramar, Florida. The company specializes in affordable flights within the US, to Latin America, and the Caribbean, and is one of the largest low-cost airlines in North America. Spirit Airlines' business model is based on low prices and a lean operating model, which focuses on cost optimization and fast flight operations. The history of Spirit Airlines dates back to the early 1980s when it was established as a charter airline for transporting cargo and passengers between the US and the Caribbean. In 1992, the company was converted into a scheduled airline and began operating flights between Boston and Providence. Since then, Spirit Airlines has expanded its route network and now flies to over 70 destinations in North, Central, and South America. The core business of Spirit Airlines is domestic flights within the US and flights to the Caribbean and Latin America. The airline attracts travelers by offering competitive prices. It largely avoids costly extras such as onboard meals, seat reservations, or checked baggage. Instead, passengers can add additional services for an extra fee, such as more legroom or priority boarding. The company has faced criticism in the past for its practices, as the booking process often does not clearly display all costs, resulting in many passengers paying more than planned. Spirit Airlines operates a fleet of around 150 aircraft, primarily consisting of Airbus A320 models and its variants, as well as Boeing 737-800s. The airline also offers cargo transfer services and operates a subsidiary, Spirit Airlines Technical Operations, which handles aircraft maintenance and repairs. Additionally, there is a partnership with the rental car company Hertz, allowing customers to reserve a rental car during their flight booking. Overall, Spirit Airlines is known for its affordable fares but also for its critical approach towards customers and a lack of onboard comfort and additional services. However, in recent years, the company has taken steps to improve its image, such as investing in modern aircraft and upgrades for in-flight entertainment. The customer service initiative "Spirit Airlines Starting From The Heart" has also been launched to optimize the travel experience and satisfy passengers. All in all, Spirit Airlines has become one of the most well-known low-cost airlines in North America, offering an extensive route network at budget prices. While the company has been criticized in the past for its limited services and non-transparent pricing, it has taken measures in recent years to improve the customer experience and enhance its reputation. Answer: Spirit Airlines is a US low-cost airline that specializes in affordable flights within the US, Latin America, and the Caribbean. It is known for its low prices and fast flight operations. The airline has faced criticism for its pricing practices in the past but has made efforts to improve customer experience. Spirit Airlines is one of the most popular companies on Eulerpool.com.

Spirit Airlines SWOT Analysis

Strengths

Spirit Airlines Inc. possesses several strengths that contribute to its success in the aviation industry. Firstly, the airline offers incredibly low fares, attracting budget-conscious travelers who prioritize affordability. This cost advantage allows Spirit Airlines to compete effectively against its competitors.

Secondly, the company has a lean cost structure and focuses on operating efficiency. This enables them to maintain low operating expenses and offer affordable tickets to passengers. Furthermore, Spirit Airlines' high aircraft utilization rate allows them to maximize their fleet's productivity.

Moreover, the airline has a strong market position in certain regions, particularly in the United States, Latin America, and the Caribbean. This established presence helps them attract a loyal customer base.

Weaknesses

Despite its strengths, Spirit Airlines Inc. also faces certain weaknesses that pose challenges to its operations. One weakness is the company's focus on a no-frills service model. While this approach helps keep costs low, it may deter passengers seeking more amenities and services during their flights.

Another weakness is Spirit Airlines' limited route network compared to other major carriers. The airline primarily focuses on popular tourist destinations, which may limit its appeal to certain travel demographics. Consequently, they may miss out on potential customers seeking other destinations.

Additionally, the company has faced criticism for its customer service, including complaints about hidden fees, delays, and general dissatisfaction. Addressing these customer service issues will be crucial for improving the overall reputation of Spirit Airlines.

Opportunities

There are several opportunities for growth and expansion that Spirit Airlines Inc. could potentially capitalize on. As the demand for affordable air travel continues to rise globally, the airline can further target price-sensitive travelers by expanding its route network to include more domestic and international destinations.

Moreover, the ongoing recovery and growth of the global tourism industry present an opportunity for Spirit Airlines to attract more leisure travelers looking for affordable flight options. By strategically expanding its services to attractive tourist spots, the company can tap into this growing market.

Additionally, partnerships or code-sharing agreements with other airlines could allow Spirit Airlines to extend its reach and offer customers a wider range of destinations and travel options.

Threats

Spirit Airlines Inc. faces several threats that could impact its operations and market position. One significant threat is the intense competition within the airline industry, as major carriers may continue to lower their prices to compete with budget airlines. This could potentially erode Spirit Airlines' cost advantage.

Another threat is the volatility of fuel prices. As fuel costs constitute a significant portion of an airline's expenses, any sudden increases in fuel prices could negatively affect the company's profitability.

Furthermore, external factors like natural disasters, geopolitical events, or outbreaks of contagious diseases can disrupt travel patterns, leading to reduced demand for flights and financial setbacks for the company.

Spirit Airlines Eulerpool Fair Value

Details

Fair Value

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Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Spirit Airlines historical P/E ratio, EBIT, and P/S ratio.

Spirit Airlines shares outstanding

The number of shares was Spirit Airlines in 2023 — This indicates how many shares 109.152 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
Details

Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Spirit Airlines earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Spirit Airlines's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Spirit Airlines’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Spirit Airlines's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Spirit Airlines dividend history and estimates

In 2023, Spirit Airlines paid a dividend amounting to 1.2 USD. Dividend means that Spirit Airlines distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
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Dividend

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Dividend Overview

The dividend per year chart for Spirit Airlines provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Spirit Airlines’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Spirit Airlines's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Spirit Airlines Dividend History

DateSpirit Airlines Dividend
20231.2 undefined
Spirit Airlines does not pay out any dividends.
Unfortunately, there are currently no price targets and forecasts available for Spirit Airlines.

Spirit Airlines latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
6/30/2024-1.39 -1.44  (-3.95 %)2024 Q2
3/31/2024-1.48 -1.46  (1.06 %)2024 Q1
12/31/2023-1.49 -1.36  (8.91 %)2023 Q4
9/30/2023-1.51 -1.37  (8.99 %)2023 Q3
6/30/20230.39 0.29  (-25.6 %)2023 Q2
3/31/2023-0.87 -0.82  (5.61 %)2023 Q1
12/31/20220.04 0.12  (200 %)2022 Q4
9/30/2022-0.1 0.03  (130.8 %)2022 Q3
6/30/2022-0.47 -0.3  (35.75 %)2022 Q2
3/31/2022-1.61 -1.6  (0.6 %)2022 Q1
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Eulerpool ESG Scorecard© for the Spirit Airlines stock

Eulerpool World ESG Rating (EESG©)

38/ 100

🌱 Environment

14

👫 Social

44

🏛️ Governance

55

Environment

Scope 1 - Direct Emissions
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Scope 2 - Indirect emissions from purchased energy
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Scope 3 - Indirect emissions within the value chain
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Total CO₂ emissions
—
CO₂ reduction strategy
✅
Coal energy
❌
Nuclear power
❌
Animal experiments
❌
Fur & Leather
—
Pesticides
—
Palm Oil
—
Tobacco
❌
Genetically modified organisms
❌
Climate concept
—
Sustainable forestry
—
Recycling regulations
❌
Environmentally friendly packaging
❌
Hazardous substances
❌
Fuel consumption and efficiency
❌
Water consumption and efficiency
❌

Social

Percentage of female employees—
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content❌
Alcohol❌
Weapons—
Firearms
❌
Gambling❌
Military contracts❌
Human rights concept✅
Privacy concept—
Occupational health and safety✅
Catholic✅

Governance (Corporate Governance)

Environmental reporting✅
Stakeholder Engagement❌
Call Back Policies❌
Antitrust law❌

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Spirit Airlines list of shareholders

%
Name
Stocks
Change
Date
9.50790 % The Vanguard Group, Inc.10,413,04868,71012/31/2023
6.87998 % BlackRock Institutional Trust Company, N.A.7,534,957564,03312/31/2023
3.09231 % Nomura Securities Co., Ltd.3,386,693608,69612/31/2023
2.87015 % Dimensional Fund Advisors, L.P.3,143,384363,51912/31/2023
2.37459 % State Street Global Advisors (US)2,600,650102,33312/31/2023
2.28269 % Diameter Capital Partners LP2,500,0002,500,00012/31/2023
2.13495 % Geode Capital Management, L.L.C.2,338,194109,48512/31/2023
1.66663 % Ancient Art, L.P.1,825,295440,33212/31/2023
1.55665 % Millennium Management LLC1,704,838757,43712/31/2023
1.19680 % Calamos Advisors LLC1,310,734967,42112/31/2023
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Spirit Airlines Executives and Management Board

Mr. Edward Christie52
Spirit Airlines President, Chief Executive Officer, Director (since 2012)
Compensation 3.17 M
Mr. John Bendoraitis59
Spirit Airlines Chief Operating Officer, Executive Vice President
Compensation 1.89 M
Mr. Matthew Klein49
Spirit Airlines Executive Vice President, Chief Commercial Officer
Compensation 1.64 M
Ms. Melinda Grindle49
Spirit Airlines Chief Human Resource Officer, Senior Vice President
Compensation 1.53 M
Mr. Rocky Wiggins64
Spirit Airlines Senior Vice President, Chief Information Officer
Compensation 1.46 M
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Spirit Airlines Supply Chain

NameRelationshipTwo-week correlationOne-month correlationThree-Month CorrelationSix-Month CorrelationOne Year CorrelationTwo-Year Correlation
Grupo Aeroportuario del B Stock
Grupo Aeroportuario del B
SupplierCustomer0,840,840,040,32-0,460,36
Amadeus IT Group A Stock
Amadeus IT Group A
SupplierCustomer0,660,490,080,260,090,58
Superior Group of Cos Stock
Superior Group of Cos
SupplierCustomer0,650,210,200,230,440,51
Amplitude A Stock
Amplitude A
SupplierCustomer0,650,500,590,17--
World Fuel Services Stock
World Fuel Services
SupplierCustomer0,650,420,480,530,640,84
Sabre Stock
Sabre
SupplierCustomer0,640,840,790,670,830,94
DO & CO Stock
DO & CO
SupplierCustomer0,49-0,100,01-0,090,370,27
Airbus Stock
Airbus
SupplierCustomer0,490,010,100,160,190,42
MTU Aero Engines Stock
MTU Aero Engines
SupplierCustomer0,450,700,310,210,580,69
Deutsche Lufthansa Stock
Deutsche Lufthansa
SupplierCustomer0,22-0,360,03-0,010,210,76
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Most common questions regarding Spirit Airlines

What values and corporate philosophy does Spirit Airlines represent?

Spirit Airlines Inc represents a low-cost carrier philosophy, aiming to provide affordable travel options to customers. The company prioritizes cost efficiency and offers no-frills services, allowing passengers to customize their travel experience by paying for the services they need. Spirit Airlines Inc focuses on delivering value by offering low base fares and charging additional fees for optional services. With a customer-centric approach, the company strives to make air travel accessible to a larger demographic. Spirit Airlines Inc's consistent commitment to cost-reducing measures and innovative business strategies has positioned it as a leading player in the low-cost airline industry.

In which countries and regions is Spirit Airlines primarily present?

Spirit Airlines Inc is primarily present in the United States. As a leading low-cost airline, Spirit Airlines operates flights to various destinations within the United States, including major cities and popular vacation spots. With its headquarters in Miramar, Florida, Spirit Airlines offers services across different regions of the United States, covering a wide range of domestic routes. With a focus on affordable fares and a no-frills approach, Spirit Airlines provides convenient travel options for customers within the United States.

What significant milestones has the company Spirit Airlines achieved?

Some significant milestones achieved by Spirit Airlines Inc include becoming the first ultra-low-cost carrier in the United States, expanding its network to include over 70 destinations across the Americas, and consistently ranking among the top-performing airlines in terms of on-time performance. Spirit Airlines Inc has also successfully implemented its Bare Fare™ pricing model, allowing customers to choose and pay only for the services they need. The company has achieved financial success, reporting steady revenue growth and profitability. In addition, Spirit Airlines Inc has been recognized for its commitment to customer satisfaction, receiving prestigious awards in the airline industry.

What is the history and background of the company Spirit Airlines?

Spirit Airlines Inc. is an American ultra-low-cost carrier headquartered in Miramar, Florida. Established in 1983 as Charter One, the airline rebranded to Spirit Airlines in 1992. With a focus on offering affordable air travel, Spirit operates scheduled flights throughout the United States, Latin America, the Caribbean, and to select destinations in Canada. Over the years, Spirit Airlines has expanded its fleet and now boasts a modern and fuel-efficient aircraft lineup. With a commitment to providing customers with bare fare tickets and various optional extras, Spirit has gained recognition as a leading low-cost carrier in the region.

Who are the main competitors of Spirit Airlines in the market?

The main competitors of Spirit Airlines Inc in the market include other low-cost carriers such as Southwest Airlines, Allegiant Air, and Frontier Airlines. These airlines also focus on offering budget-friendly air travel options with a similar no-frills approach. However, Spirit Airlines remains unique in its ultra-low-cost model, providing customers with the flexibility to choose and pay for only the services they need, thus keeping their fares exceptionally low.

In which industries is Spirit Airlines primarily active?

Spirit Airlines Inc is primarily active in the airline industry. As a low-cost carrier, Spirit Airlines focuses on providing affordable air travel options to passengers. Operating primarily in the United States, the company offers flights to various domestic and international destinations. With its unique business model and focus on cost-effective operations, Spirit Airlines aims to provide budget-conscious travelers with the opportunity to fly to their desired destinations without breaking the bank.

What is the business model of Spirit Airlines?

The business model of Spirit Airlines Inc revolves around offering low-cost and no-frills air travel services. Spirit Airlines focuses on providing affordable flights by implementing various cost-cutting strategies, including charging for additional services like seat selection, baggage, and in-flight refreshments. By targeting budget-conscious travelers, Spirit Airlines aims to appeal to a large customer base seeking cheap flights. The company operates a modern fleet of aircraft and focuses on short-haul, point-to-point routes. Spirit Airlines emphasizes efficiency, high aircraft utilization, and customer self-service to reduce operating expenses and offer competitive fares in the airline industry.

What is the P/E ratio of Spirit Airlines 2024?

The Spirit Airlines P/E ratio is -0.37.

What is the P/S ratio of Spirit Airlines 2024?

The Spirit Airlines P/S ratio is 0.05.

What is the AlleAktien quality score of Spirit Airlines?

The AlleAktien quality score for Spirit Airlines is 3/10.

What is the revenue of Spirit Airlines 2024?

The expected Spirit Airlines revenue is 5.11 B USD.

How high is the profit of Spirit Airlines 2024?

The expected Spirit Airlines profit is -728.88 M USD.

What is the business model of Spirit Airlines

Spirit Airlines Inc. is a US airline headquartered in Miramar, Florida. The company was originally founded in 1964 and has since become a leading low-cost carrier in the United States. With a strong focus on cost-efficiency and a comprehensive range of services, the company has found its place in the highly competitive market of low-cost airlines. Spirit Airlines' business strategy is based on a precise understanding of customer needs and how these needs can be effectively implemented into business operations. The airline primarily serves the US, the Caribbean, and Central America, but also operates some routes to South America. The company stands out for its numerous services and offerings that enable passengers to fly successfully and stress-free. The company has divided its services into various products and offerings. One of the most important divisions is flight booking, which is handled through the company's website. Customers can select their destination and travel date, as well as add additional services such as luggage and seat reservations. Another important division is flight safety, and Spirit Airlines is committed to maintaining the highest safety standards. The company is very conscientious in this regard and works with local and national safety authorities to ensure safe flight operations. For frequent flyers, Spirit Airlines offers the Free Spirit program. This loyalty program allows customers to earn miles and redeem them for flights, upgrades, and other benefits. Free Spirit is an important part of Spirit Airlines' customer retention strategy, rewarding loyal customers for their regular product usage. The airline also offers additional services such as the purchase of hotel or car rental reservations, as well as travel insurance. Fly Away Deals is a special promotion by Spirit Airlines that gives customers the opportunity to book cheap flights. There are promotions for specific destinations at certain times. Another important factor in Spirit Airlines' business model is cost-efficiency. To operate cost-effectively, the airline has taken several measures, including the purchase or leasing of aircraft equipped with efficient engines to save as much as possible on fuel costs. Spirit Airlines relies on a high degree of automation in the service sector to keep personnel costs as low as possible. The company has also announced plans to eliminate cash transactions to save costs in these areas. Overall, Spirit Airlines stands out for its extremely user-friendly, effective, and affordable business model. With a strong focus on customer service, innovation, and cost-efficiency, the company is able to maintain its position in the highly competitive market of low-cost airlines and transport its customers happily and safely.

What is the Spirit Airlines dividend?

Spirit Airlines pays a dividend of 0 USD distributed over payouts per year.

How often does Spirit Airlines pay dividends?

The dividend cannot currently be calculated for Spirit Airlines or the company does not pay out a dividend.

What is the Spirit Airlines ISIN?

The ISIN of Spirit Airlines is US8485771021.

What is the Spirit Airlines WKN?

The WKN of Spirit Airlines is A1CX36.

What is the Spirit Airlines ticker?

The ticker of Spirit Airlines is SAVE.

How much dividend does Spirit Airlines pay?

Over the past 12 months, Spirit Airlines paid a dividend of 1.2 USD . This corresponds to a dividend yield of about 48.58 %. For the coming 12 months, Spirit Airlines is expected to pay a dividend of 1.2 USD.

What is the dividend yield of Spirit Airlines?

The current dividend yield of Spirit Airlines is 48.58 %.

When does Spirit Airlines pay dividends?

Spirit Airlines pays a quarterly dividend. This is distributed in the months of December, January, February, March.

How secure is the dividend of Spirit Airlines?

Spirit Airlines paid dividends every year for the past 0 years.

What is the dividend of Spirit Airlines?

For the upcoming 12 months, dividends amounting to 1.2 USD are expected. This corresponds to a dividend yield of 48.58 %.

In which sector is Spirit Airlines located?

Spirit Airlines is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Spirit Airlines kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Spirit Airlines from 2/29/2024 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 2/22/2024.

When did Spirit Airlines pay the last dividend?

The last dividend was paid out on 2/29/2024.

What was the dividend of Spirit Airlines in the year 2023?

In the year 2023, Spirit Airlines distributed 0 USD as dividends.

In which currency does Spirit Airlines pay out the dividend?

The dividends of Spirit Airlines are distributed in USD.

All fundamentals about Spirit Airlines

Our stock analysis for Spirit Airlines Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Spirit Airlines Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.