Spirit Airlines, Inc. (SAVE): Price and Financial Metrics

Spirit Airlines, Inc. (SAVE): $16.46

0.18 (+1.11%)

POWR Rating

Component Grades








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Industry: Airlines




#27 of 28

in industry

SAVE Price/Volume Stats

Current price $16.46 52-week high $22.70
Prev. close $16.28 52-week low $14.41
Day low $16.30 Volume 22,217
Day high $16.50 Avg. volume 1,584,046
50-day MA $16.45 Dividend yield N/A
200-day MA $17.45 Market Cap 1.80B

SAVE Stock Price Chart Interactive Chart >


  • Momentum is the dimension where SAVE ranks best; there it ranks ahead of 34.96% of US stocks.
  • The strongest trend for SAVE is in Growth, which has been heading down over the past 177 days.
  • SAVE ranks lowest in Sentiment; there it ranks in the 1st percentile.

SAVE Stock Summary

  • The capital turnover (annual revenue relative to shareholder's equity) for SAVE is 3.75 -- better than 86.1% of US stocks.
  • SAVE's price/sales ratio is 0.32; that's higher than the P/S ratio of merely 11.35% of US stocks.
  • Revenue growth over the past 12 months for SPIRIT AIRLINES INC comes in at 29.98%, a number that bests 81.34% of the US stocks we're tracking.
  • Stocks that are quantitatively similar to SAVE, based on their financial statements, market capitalization, and price volatility, are PTSI, PFC, MHK, OVBC, and ARKR.
  • Visit SAVE's SEC page to see the company's official filings. To visit the company's web site, go to www.spirit.com.

SAVE Valuation Summary

  • In comparison to the median Industrials stock, SAVE's EV/EBIT ratio is 217.83% lower, now standing at -18.5.
  • Over the past 150 months, SAVE's EV/EBIT ratio has gone down 26.3.

Below are key valuation metrics over time for SAVE.

Stock Date P/S P/B P/E EV/EBIT
SAVE 2023-09-19 0.3 1.1 -4.0 -18.5
SAVE 2023-09-18 0.3 1.2 -4.2 -18.8
SAVE 2023-09-15 0.3 1.2 -4.3 -18.9
SAVE 2023-09-14 0.3 1.2 -4.4 -19.0
SAVE 2023-09-13 0.3 1.2 -4.3 -18.9
SAVE 2023-09-12 0.3 1.3 -4.6 -19.2

SAVE Growth Metrics

    Its 5 year net cashflow from operations growth rate is now at -2.31%.
  • Its 3 year price growth rate is now at -62.69%.
  • Its 5 year price growth rate is now at -79.83%.
SAVE's revenue has moved up $2,692,888,000 over the prior 70 months.

The table below shows SAVE's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 5,068.447 -89.022 -554.15
2022-09-30 4,664.693 -100.409 -370.645
2022-06-30 4,244.145 -188.461 -319.494
2022-03-31 3,736.811 41.785 -554.951
2021-12-31 3,230.775 208.888 -472.569
2021-09-30 2,741.709 181.15 -542.714

SAVE's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • SAVE has a Quality Grade of C, ranking ahead of 28.96% of graded US stocks.
  • SAVE's asset turnover comes in at 0.323 -- ranking 65th of 137 Transportation stocks.
  • ALGT, HA, and AAL are the stocks whose asset turnover ratios are most correlated with SAVE.

The table below shows SAVE's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.323 0.490 -0.046
2021-06-30 0.261 0.459 -0.058
2021-03-31 0.181 0.380 -0.054
2020-12-31 0.227 0.453 -0.051
2020-09-30 0.298 0.502 -0.021
2020-06-30 0.401 0.552 0.004

Spirit Airlines, Inc. (SAVE) Company Bio

Spirit Airlines provides low-fare airline services in the United States, Caribbean, and Latin America.The company was founded in 1964 and is based in Miramar, Florida.

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Latest SAVE News From Around the Web

Below are the latest news stories about SPIRIT AIRLINES INC that investors may wish to consider to help them evaluate SAVE as an investment opportunity.

A hack that makes Spirit and Frontier Airlines better than Southwest

My two $100 purchases arguably made Spirit and Frontier better than JetBlue and Southwest, and maybe even Delta, United, and American Airlines.

Yahoo | September 30, 2023

Signal Says Buy Puts on This Airline Stock

SAVE could pull back to a key area on the charts

Yahoo | September 28, 2023

Spirit Airlines Expedites Check-in for Detroit Guests with Debut of DTW's First Self-Bag Drop

Spirit Airlines (NYSE: SAVE) is now offering Guests in the Motor City a speedy, self-service option to breeze through check-in. The carrier has introduced its award-winning self-bag drop with biometric photo-matching at Detroit Metropolitan Wayne County Airport (DTW). Spirit leads the way as the first airline to roll out this innovative technology at DTW. The six newly installed self-bag drop units are located next to the Spirit ticket counter in the Evans Terminal and were added through a partn

Yahoo | September 28, 2023

Why JetBlue Stock Is Jumping After the Company’s Revenue Warning

It was only a matter of time before JetBlue Airways issued updated third-quarter guidance. It was never going to be higher.

Yahoo | September 28, 2023

Ticking Time Bombs: 3 Airline Stocks to Dump Before the Damage Is Done

Navigate the turbulent skies with these three airline stocks to sell in September, offering little upside ahead.

Muslim Farooque on InvestorPlace | September 27, 2023

Read More 'SAVE' Stories Here

SAVE Price Returns

1-mo N/A
3-mo -7.79%
6-mo N/A
1-year -18.39%
3-year -1.50%
5-year -62.92%
YTD -15.50%
2022 -10.85%
2021 -10.63%
2020 -39.35%
2019 -30.40%
2018 29.14%

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