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Spirit Airlines Inc

Industrials US SAVE

0.5148USD
0.36(243.20%)

Last update at 2024-12-18T14:30:00Z

Day Range

0.400.72
LowHigh

52 Week Range

8.5619.57
LowHigh

Fundamentals

  • Previous Close 0.15
  • Market Cap1815.46M
  • Volume9956205
  • P/E Ratio-
  • Dividend Yield5.07%
  • EBITDA47.83M
  • Revenue TTM5432.10M
  • Revenue Per Share TTM49.80
  • Gross Profit TTM 973.03M
  • Diluted EPS TTM-4.91

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -700.73900M -520.32000M -620.18400M 436.43M 204.98M
Minority interest - - - - -
Net income -554.15000M -472.56900M -428.70000M 335.25M 155.75M
Selling general administrative 177.56M 132.50M 85.06M 153.77M 137.00M
Selling and marketing expenses 177.56M 132.50M 85.06M 153.77M 137.00M
Gross profit 756.65M 232.06M -368.01400M 1010.55M 965.95M
Reconciled depreciation 313.09M 297.21M 278.59M 225.26M 176.73M
Ebit -132.12100M -431.26900M -507.76200M 318.11M 467.77M
Ebitda -116.85600M -426.47200M -802.15600M 543.37M 644.50M
Depreciation and amortization 15.27M 4.80M -294.39400M 225.26M 176.73M
Non operating income net other 15.27M -326.83300M 6.10M - -72.00200M
Operating income -132.12100M -431.26900M -507.76200M 318.11M 350.91M
Other operating expenses 5200.57M 3662.04M 2618.28M 3311.42M 2873.62M
Interest expense 117.09M 136.61M 118.53M 88.88M 73.94M
Tax provision -146.58900M -47.75100M -191.48400M 101.17M 49.23M
Interest income 20.15M 5.37M 6.31M 25.13M 19.11M
Net interest income -97.00400M -131.23900M -112.21100M -63.74600M -54.82900M
Extraordinary items - - - - -
Non recurring - - - - 98.50M
Other items - - - - -
Income tax expense -146.58900M -47.75100M -191.48400M 101.17M 49.23M
Total revenue 5068.45M 3230.78M 1810.02M 3830.54M 3323.03M
Total operating expenses 888.77M 663.33M 440.25M 491.43M 516.54M
Cost of revenue 4311.80M 2998.72M 2178.04M 2819.99M 2357.08M
Total other income expense net -568.61800M -89.05100M -112.42200M 118.32M -189.61000M
Discontinued operations - - - - -
Net income from continuing ops -554.15000M -472.56900M -428.70000M 335.25M 155.75M
Net income applicable to common shares -554.15000M -472.56900M -428.70000M 335.25M 155.75M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 9184.77M 8540.02M 8398.83M 7043.41M 5165.46M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 306.98M 273.84M 416.98M 227.36M 190.28M
Total liab 7613.12M 6425.99M 6149.13M 4782.08M 3236.95M
Total stockholder equity 1571.65M 2114.03M 2249.70M 2261.33M 1928.50M
Deferred long term liab 360.55M 423.21M 491.95M 361.60M 249.01M
Other current liab 534.26M 457.70M 326.24M 352.87M 339.68M
Common stock 0.01M 0.01M 0.01000M 0.00700M 0.00700M
Capital stock 0.01M 0.01M 0.01000M 0.00700M 0.00700M
Retained earnings 504.22M 1058.37M 1524.88M 1955.19M 1625.48M
Other liab 360.55M 423.21M 491.95M 491.57M 377.64M
Good will - - - - -
Other assets 741.72M 890.42M 5708.68M 758.11M 703.98M
Cash 1346.35M 1333.51M 1789.72M 978.96M 1004.73M
Cash and equivalents - - - - -
Total current liabilities 1596.58M 1275.60M 1342.02M 1112.04M 834.53M
Current deferred revenue 429.62M 382.32M 401.97M 315.41M 291.98M
Net debt 4866.90M 3784.30M 3110.79M 2599.68M 1183.60M
Short term debt 557.25M 390.63M 585.36M 400.17M 163.56M
Short long term debt 346.89M 208.95M 384.20M 258.85M 163.56M
Short long term debt total 6213.25M 5117.80M 4900.52M 3578.64M 2188.33M
Other stockholder equity 1068.02M 1056.19M 725.42M 306.93M 304.02M
Property plant equipment 3749.50M 3856.59M 3831.57M 4899.86M 3116.01M
Total current assets 1993.98M 1842.49M 2355.98M 1385.44M 1345.47M
Long term investments - - - - -
Net tangible assets 4027.27M 3865.39M 3498.21M 2261.33M 1928.50M
Short term investments 107.11M 106.31M 106.34M 105.32M 102.79M
Net receivables 233.54M 166.72M 190.40M 94.82M 47.66M
Long term debt 3200.38M 2975.82M 3066.64M 1960.45M 2024.77M
Inventory - -37.89000M -147.46000M -21.01300M -
Accounts payable 75.45M 44.95M 28.45M 43.60M 39.32M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.59600M -0.53200M -0.61800M -0.78700M -1.19300M
Additional paid in capital - - - - -
Common stock total equity 0.01M 0.01M 0.01000M 0.00700M 0.00700M
Preferred stock total equity - - - - -
Retained earnings total equity 504.22M 1058.37M 1524.88M - 1625.48M
Treasury stock - -75.63900M -74.12400M -72.45500M -67.01600M
Accumulated amortization - - - - -
Non currrent assets other 27.32M 30.13M -2.70200M -3.11000M 112.06M
Deferred long term asset charges - - - - -
Non current assets total 7190.79M 6697.53M 6042.85M 5657.97M 3819.99M
Capital lease obligations 2665.98M 1933.03M 1449.68M 1359.33M 15.15M
Long term debt total 3200.38M 2975.82M 3066.64M 1960.45M 2024.77M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -19.35600M -18.11900M -13.46100M -314.82900M -10.21200M
Change to liabilities 77.42M 93.16M 10.14M 24.00M 89.36M
Total cashflows from investing activities -265.44000M -352.44500M -554.00000M -456.92900M -783.70800M
Net borrowings 394.50M -662.97200M 1317.54M -117.43900M 687.46M
Total cash from financing activities 391.30M -288.66000M 1661.44M -120.16800M 481.13M
Change to operating activities -109.78100M 53.88M -37.24800M -136.80700M -107.12700M
Net income -554.15000M -472.56900M -428.70000M 335.25M 155.75M
Change in cash 36.84M -432.21700M 882.17M -25.77600M 203.88M
Begin period cash flow 1428.91M 1861.12M 978.96M 1004.73M 800.85M
End period cash flow 1465.74M 1428.91M 1861.12M 978.96M 1004.73M
Total cash from operating activities -89.02200M 208.89M -225.27400M 551.32M 506.46M
Issuance of capital stock 0.00000M 375.66M 366.78M - -
Depreciation 313.09M 297.21M 278.59M 225.26M 176.73M
Other cashflows from investing activities -246.08200M -333.11900M -536.59500M -122.39200M -166.02400M
Dividends paid - -614.49600M -1612.43000M - -
Change to inventory - 237.68M -88.68800M -122.53200M 153.10M
Change to account receivables -68.34000M -85.80000M 30.49M -26.14700M 1.67M
Sale purchase of stock -2.35900M -1.51500M -1.66900M -5.43900M -1.16200M
Other cashflows from financing activities 587.53M 1227.21M 3188.46M 228.60M 825.29M
Change to netincome 243.25M 298.71M -32.12900M 140.69M 66.52M
Capital expenditures 264.25M 350.38M 548.83M 334.54M 793.12M
Change receivables -68.34000M -85.80000M 30.49M - 1.67M
Cash flows other operating -115.68100M 76.90M -104.55100M - 16.44M
Exchange rate changes - - - - -
Cash and cash equivalents changes 36.84M -432.21700M 882.17M - 203.88M
Change in working capital -120.15900M 71.21M -63.92600M -300.63800M 7.98M
Stock based compensation 11.48M 12.54M 11.57M 8.15M 11.02M
Other non cash items 409.32M 350.00M 23.27M 167.60M 108.69M
Free cash flow -353.27000M -141.48900M -774.10200M 216.78M -286.66100M

Peer Comparison

Sector: Industrials Industry: Airlines

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SAVE
Spirit Airlines Inc
0.36 243.20% 0.51 - 35.46 0.32 1.33 1.37 -33.0588
RYAAY
Ryanair Holdings PLC ADR
0.47 1.08% 44.59 13.54 12.12 2.42 3.76 1.88 7.44
DAL
Delta Air Lines Inc
1.23 2.09% 60.11 7.76 5.87 0.45 2.81 0.83 8.98
AICAF
Air China Limited
- -% 0.65 - 26.74 0.14 1.75 2.02 67.07
RYAOF
Ryanair Holdings PLC
- -% 14.00 8.35 7.81 1.82 2.20 1.80 6.53

Reports Covered

Stock Research & News

Profile

Spirit Airlines, Inc. provides airline services. The company provides front seats, including wider seats with extra legroom, carry-on and checked baggage, assigned seats, travel insurance, and onboard beverages and snacks, as well as hotels, cars, vacation packages, and cruises services. It serves 92 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2022, the company had a fleet of 194 Airbus single-aisle aircraft. 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.

Spirit Airlines Inc

2800 Executive Way, Miramar, FL, United States, 33025

Key Executives

Name Title Year Born
Mr. Edward M. Christie III Pres, CEO & Director 1971
Mr. Scott M. Haralson Sr. VP & CFO 1973
Mr. John Bendoraitis Exec. VP & COO 1964
Mr. Thomas C. Canfield Sr. VP, Gen. Counsel & Company Sec. 1956
Mr. Matthew H. Klein Exec. VP & Chief Commercial Officer 1974
Mr. Rocky B. Wiggins Sr. VP & Chief Information Officer 1959
DeAnne Gabel Sr. Director of Investor Relations NA
Mr. Robert A. Schroeter Sr. VP & Chief Marketing Officer 1978
Ms. Melinda C. Grindle Sr. VP & Chief HR Officer NA
Mr. Brian J. McMenamy VP & Controller 1959

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