Spirit Airlines Inc (SAVE) Company Profile & Statistics

Spirit Airlines Inc
SAVE
(NYSE)
Closed
1.08
-0.24 (-18.18%)
in:usd•As of: Nov 15, 2024 15:59 UTC -5
Pre Market:0+0.00 (0.00%)
Open
1.31
High
1.32
Low
1.04

About Spirit Airlines Inc

CEO

Edward M. Christie

Headquarters

2800 executive way

miramar, fl 33025, united states

Auditor

Ernst & Young LLP

Employees

13,167

Share Holders

Website

www.spirit.com

Industry

airlines

Sector

transportation

Company Overview

Spirit Airlines, Inc. is an ultra low-cost carrier. The company provides travel opportunities principally to and from South Florida, the Caribbean and Latin America. Its strategy of unbundling its services and offering customers the option for purchase, ranging from bags and seat assignment to refreshments, has been much appreciated. The unbundled base fares do away with the components that are traditionally included in ticket prices. Its primary markets are of three types: large leisure destinations (Orlando, Ft. Lauderdale, Las Vegas, New Orleans, Myrtle Beach, Ft. Myers), large domestic markets (large metropolitan cities) and international destinations (Latin America, Caribbean & northern South America). The company maintains a young all-airbus fleet, which operates multiple daily flights across countries including the United States, Caribbean and Latin America. The fleet is highly fuel-efficient. Its jets are categorised into A319 CEO, A320 CEO, A320 NEO, and A321 CEO.

Spirit Airlines Inc Statistics

Valuation Measures

Market Capitalization ²	118.28M
Enterprise Value	2.54B
Enterprise Value/EBITDA (ttm)	-6.21
Price to Earnings Ratio (ttm)	N/A
Price to Book (mrq)	0.15
Price to Sales (ttm)	0.02
Price to Cash (ytd)	N/A

Profitability

Gross Margin (ttm)	65.77%
Operating Margin (ttm)	-12.03%
Profit Margin (ttm)	-13.19%
Return on Equity (ttm)	-57.87%
Return on Invested Capital (ttm)	-16.32%
Return on Assets (ttm)	-6.51%

Income Statement

Revenue (ttm)	5.13B
Revenue Per Share (ttm)	46.81
Gross Profit (ttm)	3.37B
EBITDA (ttm)³	-409.02M
Net Income Avi to Common (ttm)	-676.77M
Diluted EPS (ttm)	-6.18

Share Statistics

Beta (5Y Monthly)	1.37
52-Week Change	-91.51%
S&P500 52-Week Change	30.84%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	109.52M
Dividend Yield	0.00%
Float ⁴	108.73M
% Held by Insiders	0.72%
% Held by Institutions	58.73%

Balance Sheet

Total Cash (mrq)	960.66M
Total Cash Per Share (mrq)	8.77
Total Debt (mrq)	3.27B
Total Debt/Equity (mrq)	403.49%
Current Ratio (mrq)	0.94%
Quick Ratio (mrq)	0.94%
Book Value Per Share (mrq)	7.39

Cash Flow

Operating Cash Flow Per Share (ytd)	-2.47
Free Cash Flow (ytd)	-6.41M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Spirit Airlines Inc

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