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

SAVE POWR Grades

• SAVE scores best on the Momentum dimension, with a Momentum rank ahead of 71.32% of US stocks.
• The strongest trend for SAVE is in Momentum, which has been heading up over the past 48 weeks.
• SAVE's current lowest rank is in the Stability metric (where it is better than 4.92% of US stocks).

SAVE Stock Summary

• SAVE's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.22 -- higher than just 1.46% of US-listed equities with positive expected earnings growth.
• Of note is the ratio of Spirit Airlines Inc's sales and general administrative expense to its total operating expenses; 98.63% of US stocks have a lower such ratio.
• Over the past twelve months, SAVE has reported earnings growth of -1,936.61%, putting it ahead of just 0.9% of US stocks in our set.
• If you're looking for stocks that are quantitatively similar to Spirit Airlines Inc, a group of peers worth examining would be TILE, TLYS, URBN, FRG, and OMI.
• SAVE's SEC filings can be seen here. And to visit Spirit Airlines Inc's official web site, go to www.spirit.com.

SAVE Valuation Summary

• SAVE's EV/EBIT ratio is -9.6; this is 143.94% lower than that of the median Industrials stock.
• SAVE's price/sales ratio has moved up 0.3 over the prior 125 months.
• Over the past 125 months, SAVE's price/sales ratio has gone up 0.3.

Below are key valuation metrics over time for SAVE.

SAVE Growth Metrics

• Its year over year net income to common stockholders growth rate is now at -304.17%.
• The 5 year net income to common stockholders growth rate now stands at -15.86%.
• The 4 year price growth rate now stands at -75.65%.

SAVE's revenue has moved down $906,246,000 over the prior 33 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
2021-06-30	2,221	305.801	-656.628
2021-03-31	1,500.22	-73.208	-513.193
2020-12-31	1,810.022	-225.274	-428.7
2020-09-30	2,281.348	63.539	-190.182
2020-06-30	2,871.394	163.338	-7.578
2020-03-31	3,745.821	380.752	251.351

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 44.99% of graded US stocks.
• SAVE's asset turnover comes in at 0.261 -- ranking 74th of 138 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.