Company Overview

Spirit Airlines, Inc. provides airline services. It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2021, the company had a fleet of 173 Airbus single-aisle aircraft. It sells tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various third parties, including online, traditional travel agents, and electronic global distribution systems. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.

  • Name

    Spirit Airlines, Inc.

  • CEO

    Mr. Edward M. Christie III

  • Website

    www.spirit.com

  • Sector

    Passenger Airlines

  • Year Founded

    1964

Profile

  • Market Cap

    $273.8M

  • EV

    $6,839.4M

  • Shares Out

    109.52M

  • Revenue

    $5,126.73M

  • Employees

    13,167

Margins

  • Gross

    9.93%

  • EBITDA

    -9.34%

  • Operating

    -13.32%

  • Pre-Tax

    -15.19%

  • Net

    -13.2%

  • FCF

    -15.54%

Returns (5Yr Avg)

  • ROA

    -3.65%

  • ROTA

    -19.5%

  • ROE

    -19.5%

  • ROCE

    -3.6%

  • ROIC

    -2.62%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $2.43

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $840.08M

  • Net Debt

    $6,565.61M

  • Debt/Equity

    9.15

  • EBIT/Interest

    -4.15

Growth (CAGR)

  • Rev 3Yr

    32.16%

  • Rev 5Yr

    7.11%

  • Rev 10Yr

    10.95%

  • Dil EPS 3Yr

    -2.41%

  • Dil EPS 5Yr

    3.38%

  • Dil EPS 10Yr

    8.2%

  • Rev Fwd 2Yr

    -3.07%

  • EBITDA Fwd 2Yr

    22.63%

  • EPS Fwd 2Yr

    -56.75%

  • EPS LT Growth Est

    -5.84%

Dividends

  • Yield

  • Payout

  • DPS

  • DPS Growth 3Yr

  • DPS Growth 5Yr

  • DPS Growth 10Yr

  • DPS Growth Fwd 2Yr

NYSE:SAVE