Spirit Airlines, Inc.

DB:S64 Stock Report

Market Cap: €43.8m

Spirit Airlines Past Earnings Performance

Past criteria checks 0/6

Spirit Airlines's earnings have been declining at an average annual rate of -35.8%, while the Airlines industry saw earnings growing at 42.1% annually. Revenues have been growing at an average rate of 16% per year.

Key information

-35.8%

Earnings growth rate

-35.8%

EPS growth rate

Airlines Industry Growth0.5%
Revenue growth rate16.0%
Return on equity-164.3%
Net Margin-16.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Spirit Airlines makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:S64 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 245,065-8271930
30 Jun 245,127-6771830
31 Mar 245,278-4861880
31 Dec 235,363-4471910
30 Sep 235,432-5341910
30 Jun 235,517-4131920
31 Mar 235,451-4631900
31 Dec 225,068-5541780
30 Sep 224,665-3711690
30 Jun 224,244-3191580
31 Mar 223,737-5551440
31 Dec 213,231-4731320
30 Sep 212,742-5431170
30 Jun 212,221-657990
31 Mar 211,500-513750
31 Dec 201,810-429850
30 Sep 202,281-1901010
30 Jun 202,871-81230
31 Mar 203,7462511520
31 Dec 193,8313351540
30 Sep 193,7243461490
30 Jun 193,6363601480
31 Mar 193,4752571420
31 Dec 183,3231561370
30 Sep 183,1263111320
30 Jun 182,9092731230
31 Mar 182,7583391180
31 Dec 172,6444161130
30 Sep 172,5562171090
30 Jun 172,4902381050
31 Mar 172,374234990
31 Dec 162,320263970
30 Sep 162,263291940
30 Jun 162,217307910
31 Mar 162,186310890
31 Dec 152,141317870
30 Sep 152,096299820
30 Jun 152,041269790
31 Mar 151,987257770
31 Dec 141,932225750
30 Sep 141,877213760
30 Jun 141,814207730
31 Mar 141,722184700
31 Dec 131,654177670

Quality Earnings: S64 is currently unprofitable.

Growing Profit Margin: S64 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: S64 is unprofitable, and losses have increased over the past 5 years at a rate of 35.8% per year.

Accelerating Growth: Unable to compare S64's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: S64 is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (14.7%).

Return on Equity

High ROE: S64 has a negative Return on Equity (-164.26%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 07:05
End of Day Share Price 2024/11/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Spirit Airlines, Inc. is covered by 22 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bob McAdooAvondale Partners
Garrett ChaseBarclays
Andrew DidoraBofA Global Research