SAVE - Spirit Airlines Inc Stock Price, Fair Value and News

3.53USD-0.15 (-4.08%)Delayed as of 25 Apr 2024, 10:00 am ET

Market Summary

USD3.53-0.15

Delayedas of 25 Apr 2024, 10:00 am

-4.08%

SAVE Stock Price

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SAVE RSI Chart

SAVE Valuation

Market Cap

402.9M

Price/Earnings (Trailing)

-0.9

Price/Sales (Trailing)

0.08

EV/EBITDA

-26.1

Price/Free Cashflow

-1.63

SAVE Price/Sales (Trailing)

SAVE Profitability

EBT Margin

-10.42%

Return on Equity

-39.45%

Return on Assets

-4.75%

Free Cashflow Yield

-61.22%

SAVE Fundamentals

SAVE Revenue

Revenue (TTM)

5.4B

Rev. Growth (Yr)

-5%

Rev. Growth (Qtr)

5.02%

SAVE Earnings

Earnings (TTM)

-447.5M

Earnings Growth (Yr)

32.15%

Earnings Growth (Qtr)

-16.57%

Breaking Down SAVE Revenue

52 Week Range

3.5319.69

(Low)(High)

Last 7 days

-10.5%

Last 30 days

-22.5%

Last 90 days

-49.0%

Trailing 12 Months

-78.3%

How does SAVE drawdown profile look like?

SAVE Financial Health

Current Ratio

0.9

Debt/Equity

2.69

Debt/Cashflow

-0.08

SAVE Investor Care

Shares Dilution (1Y)

0.32%

Diluted EPS (TTM)

-4.1

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	5.5B	5.5B	5.4B	5.4B
2022	3.7B	4.2B	4.7B	5.1B
2021	1.5B	2.2B	2.7B	3.2B
2020	3.7B	2.9B	2.3B	1.8B
2019	3.5B	3.6B	3.7B	3.8B
2018	2.8B	2.9B	3.1B	3.3B
2017	2.4B	2.5B	2.6B	2.6B
2016	2.2B	2.2B	2.3B	2.3B
2015	2.0B	2.0B	2.1B	2.1B
2014	1.7B	1.8B	1.9B	1.9B
2013	1.4B	1.4B	1.6B	1.7B
2012	1.1B	1.2B	1.3B	1.3B
2011	829.9M	928.4M	1.0B	1.1B
2010	720.3M	740.7M	761.0M	781.3M
2009	0	0	0	700.0M
2008	0	0	0	787.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Spirit Airlines Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 03, 2024	haralson scott	sold (taxes)	-3,543	4.7	-754	evp and cfo
Apr 03, 2024	christie edward m iii	sold (taxes)	-5,306	4.7	-1,129	president and ceo
Mar 04, 2024	mcmenamy brian j.	acquired	754	5.76	131	vp & controller
Mar 04, 2024	wiggins rocky	acquired	7,188	5.76	1,248	svp and cio
Mar 04, 2024	haralson scott	acquired	5,823	5.76	1,011	evp and cfo
Mar 04, 2024	klein matthew h	acquired	18,875	5.76	3,277	evp, cco
Mar 04, 2024	canfield thomas c	acquired	5,569	5.76	967	svp, general counsel and sec
Mar 04, 2024	vanier kevin blake	acquired	6,094	5.76	1,058	vp of fp & a
Mar 04, 2024	christie edward m iii	acquired	12,971	5.76	2,252	president and ceo
Mar 04, 2024	bendoraitis john a.	acquired	16,249	5.76	2,821	evp and coo

Which funds bought or sold SAVE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	FIFTH THIRD BANCORP	unchanged	-	-25,410	10,648	-%
Apr 23, 2024	Gradient Investments LLC	unchanged	-	-1,560	653	-%
Apr 23, 2024	Tennessee Valley Asset Management Partners	sold off	-100	-1,229	-	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-61.15	-139,000	18,000	-%
Apr 23, 2024	Global Retirement Partners, LLC	reduced	-2.42	-392	588	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	-6,348	945,801	0.01%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	37.22	-111,493	75,961	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	new	-	53,408	53,408	-%
Apr 22, 2024	Byrne Asset Management LLC	added	53.33	-37,962	31,170	0.02%
Apr 19, 2024	Wealthfront Advisers LLC	new	-	304,170	304,170	-%

Are Funds Buying or Selling SAVE?

Are funds buying SAVE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SAVE

No. of Funds

Unveiling Spirit Airlines Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	9.54%	10,418,903	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 26, 2024	blackrock inc.	7.7%	8,421,544	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G
Feb 09, 2023	vanguard group inc	9.33%	10,157,579	SC 13G/A
Jan 31, 2023	blackrock inc.	7.0%	7,668,319	SC 13G/A
Feb 03, 2022	blackrock inc.	7.5%	8,168,581	SC 13G/A
Feb 16, 2021	dimensional fund advisors lp	4.4%	4,280,011	SC 13G/A
Feb 10, 2021	vanguard group inc	8.56%	8,360,066	SC 13G/A
Feb 01, 2021	blackrock inc.	7.5%	7,348,387	SC 13G/A

Recent SEC filings of Spirit Airlines Inc

View All Filings

Date Filed	Form Type	Document
Apr 19, 2024	8-K	Current Report
Apr 15, 2024	8-K	Current Report
Apr 15, 2024	8-K/A	Current Report
Apr 08, 2024	8-K	Current Report
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Mar 29, 2024	8-K	Current Report
Mar 06, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading

Peers (Alternatives to Spirit Airlines Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
DAL	30.9B	59.0B	5.55%	44.79%	6.18	0.52	9.34%	164.26%
LUV	17.5B	26.1B	2.74%	-6.39%	54.27	0.67	9.56%	-66.32%
UAL	17.3B	54.8B	17.33%	23.96%	6.44	0.32	12.31%	40.00%
MID-CAP
AAL	9.1B	52.8B	-6.70%	8.41%	11.09	0.17	7.79%	547.24%
ALK	5.6B	10.4B	11.47%	4.07%	23.72	0.53	8.09%	305.17%
JBLU	2.0B	9.6B	-20.03%	-12.83%	-6.47	0.21	5.00%	14.36%
SMALL-CAP
ALGT	1.1B	2.5B	-19.44%	-40.54%	9.19	0.43	9.04%	4617.05%
ATSG	836.1M	2.1B	-3.12%	-34.82%	13.86	0.4	1.23%	-69.62%
HA	671.4M	2.7B	-8.20%	52.39%	-2.24	0.24	-0.99%	-46.20%
SAVE	402.9M	5.4B	-22.53%	-78.35%	-0.9	0.08	5.80%	19.25%
MESA	36.8M	498.1M	4.65%	-55.67%	-0.27	0.07	-6.20%	34.25%

Spirit Airlines Inc News

Latest updates

Spirit Airlines Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	5.0%	1,321,760,000	1,258,543,000	1,432,472,000	1,349,774,000	1,391,310,000	1,343,179,000	1,366,643,000	967,315,000	987,556,000	922,631,000	859,309,000	461,279,000	498,490,000	401,922,000	138,529,000	771,081,000	969,816,000	991,968,000	1,012,956,000	855,796,000	862,795,000
Operating Expenses	6.2%	1,536,573,000	1,447,303,000	1,412,261,000	1,462,169,000	1,697,039,000	1,379,569,000	1,411,973,000	1,178,783,000	1,049,106,000	908,636,000	766,098,000	563,809,000	658,405,000	501,393,000	328,913,000	829,073,000	845,192,000	867,287,000	849,018,000	767,992,000	726,730,000
S&GA Expenses	-1.0%	45,850,000	46,323,000	50,701,000	48,017,000	46,097,000	47,385,000	48,724,000	35,351,000	37,509,000	36,085,000	35,263,000	23,642,000	22,082,000	17,882,000	11,352,000	33,743,000	38,289,000	39,160,000	40,602,000	35,719,000	33,505,000
EBITDA Margin	53.8%	-0.02	-0.04	-0.01	-0.03	-0.06	-0.01	0.00	-0.06	-0.03	-0.08	-0.15	-0.20	-0.14	-	-	-	-	-	-	-	-
Interest Expenses	13.6%	36,651,000	32,263,000	37,467,000	31,999,000	27,652,000	25,310,000	28,700,000	25,781,000	29,696,000	26,115,000	39,483,000	40,206,000	24,714,000	18,487,000	19,934,000	17,702,000	20,414,000	18,561,000	22,112,000	19,167,000	29,146,000
Income Taxes	3.2%	-44,622,000	-46,093,000	17,321,000	-37,737,000	-69,633,000	-12,517,000	-15,106,000	-49,333,000	-4,668,000	-31,776,000	14,553,000	-25,860,000	-47,230,000	-29,380,000	-68,108,000	-46,766,000	25,549,000	25,549,000	34,068,000	16,005,000	28,965,000
Earnings Before Taxes	-12.1%	-228,274,000	-203,645,000	14,972,000	-141,648,000	-340,297,000	-48,894,000	-67,512,000	-244,036,000	-91,827,000	-17,002,000	-273,310,000	-138,181,000	-204,534,000	-128,520,000	-212,536,000	-74,594,000	106,763,000	109,013,000	148,569,000	72,081,000	120,902,000
EBT Margin	15.6%	-0.10	-0.12	-0.09	-0.11	-0.14	-0.10	-0.10	-0.17	-0.16	-0.23	-0.34	-0.46	-0.34	-	-	-	-	-	-	-	-
Net Income	-16.6%	-183,652,000	-157,552,000	-2,349,000	-103,911,000	-270,664,000	-36,377,000	-52,406,000	-194,703,000	-87,159,000	14,774,000	-287,863,000	-112,321,000	-157,304,000	-99,140,000	-144,428,000	-27,828,000	81,214,000	83,464,000	114,501,000	56,076,000	91,937,000
Net Income Margin	15.2%	-0.08	-0.10	-0.07	-0.09	-0.11	-0.08	-0.08	-0.15	-0.15	-0.20	-0.30	-0.34	-0.24	-	-	-	-	-	-	-	-
Free Cashflow	6.1%	-182,775,000	-194,598,000	-230,206,000	-79,364,000	-276,905,000	-339,166,000	-152,919,000	-200,596,000	-288,292,000	-427,218,000	77,327,000	-33,493,000	-316,030,000	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.6%	9,417	9,362	9,372	9,322	9,185	8,685	8,715	8,612	8,540	8,537	8,671	8,388	8,399	8,557	7,768	7,235	7,043	6,575	6,663	6,424	5,165
Current Assets	4.4%	1,512	1,449	1,773	1,918	1,994	1,551	1,762	1,829	1,842	2,027	2,388	2,276	2,356	2,499	1,668	1,231	1,385	1,403	1,521	1,517	1,345
Cash Equivalents	5.7%	865	818	1,111	1,288	1,346	1,049	1,292	1,343	1,429	1,589	1,926	1,838	1,861	2,002	1,157	788	979	936	1,111	1,122	1,005
Net PPE	-5.7%	3,519	3,732	3,741	3,739	3,749	3,881	3,858	3,853	3,857	3,827	3,832	3,817	3,832	3,823	3,810	3,733	3,530	3,334	3,362	3,155	3,116
Current Liabilities	4.4%	1,672	1,601	1,686	1,753	1,597	1,669	1,737	1,611	1,276	1,304	1,601	1,508	1,342	1,297	1,271	1,231	1,112	1,053	1,211	1,127	835
Long Term Debt	0.4%	3,055	3,043	3,081	3,164	3,200	2,658	2,696	2,802	2,976	2,975	3,015	3,048	3,067	3,075	2,334	1,966	1,960	1,969	2,025	2,040	2,025
Shareholder's Equity	-13.8%	1,134	1,316	1,471	1,470	1,572	1,840	1,873	1,921	2,114	2,199	2,181	2,093	2,250	2,404	2,343	2,234	2,261	2,180	2,095	1,978	1,929
Retained Earnings	-76.4%	57.00	240	398	400	504	775	811	864	1,058	1,146	1,131	1,419	1,525	1,682	1,781	1,926	1,955	1,874	1,791	1,676	1,625
Additional Paid-In Capital	0.2%	1,158	1,156	1,153	1,150	1,146	1,143	1,140	1,136	1,132	1,129	1,126	750	800	797	636	383	379	379	378	375	371
Accumulated Depreciation	0.6%	1,169	1,162	1,109	1,052	1,099	1,044	990	937	885	832	781	731	680	632	582	538	492	450	368	369	333
Shares Outstanding	-	109	-	-	-	109	-	-	-	108	-	-	98.00	98.00	-	89.00	-	68.00	-	-	-	-
Float	-	-	-	1,900	-	-	-	2,600	-	-	-	3,300	-	-	-	1,600	-	-	-	3,200	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	6.1%	-182,775	-194,598	-10,065	140,777	-56,764	-119,025	67,222	19,545	-68,151	-207,077	297,468	186,648	-95,889	-82,426	-81,541	34,582	192,924	17,373	135,873	205,151	197,965
Share Based Compensation	2.8%	2,641	2,569	3,480	3,273	2,938	2,822	1,677	4,046	2,564	3,232	2,486	4,254	2,979	2,154	2,652	3,790	26.00	1,715	2,742	3,671	2,728
Cashflow From Investing	334.6%	149,037	-63,520	-54,459	-67,566	-61,038	-81,344	-65,439	-57,619	-88,999	-84,423	-81,517	-97,506	-41,186	-55,460	-133,586	-323,768	-156,873	-61,597	-134,508	-103,951	-233,115
Cashflow From Financing	335.4%	80,626	-34,247	-112,499	-131,842	534,716	-43,268	-52,631	-47,520	-2,527	-45,826	-128,512	-111,795	-4,258	982,883	584,362	98,454	7,228	-130,895	-12,707	16,206	266,173
Buy Backs	2632.4%	929	34.00	1.00	1,673	552	30.00	5.00	1,772	163	28.00	17.00	1,307	72.00	43.00	18.00	1,536	83.00	108	25.00	5,223	17.00

SAVE Income Statement

2023-12-31

Consolidated Statements Of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating revenues:
Total operating revenues	$ 5,362,549	$ 5,068,447	$ 3,230,775
Operating expenses:
Aircraft fuel	1,821,165	1,929,969	913,945
Salaries, wages and benefits	1,616,803	1,251,225	1,065,461
Landing fees and other rents	408,262	347,268	315,999
Aircraft rent	381,239	282,428	246,601
Depreciation and amortization	320,872	313,090	297,211
Maintenance, materials and repairs	223,339	187,820	159,502
Distribution	190,891	177,557	132,499
Special charges (credits)	69,537	420,172	(377,715)
Loss on disposal of assets	33,966	46,624	3,320
Other operating	792,232	711,211	530,826
Total operating expenses	5,858,306	5,667,364	3,287,649
Operating income (loss)	(495,757)	(598,917)	(56,874)
Other (income) expense:
Interest expense	169,191	139,905	155,611
Loss (gain) on extinguishment of debt	(15,411)	0	331,630
Capitalized interest	(33,360)	(22,818)	(18,998)
Interest income	(61,647)	(20,083)	(5,374)
Other (income) expense	4,065	4,818	577
Total other (income) expense	62,838	101,822	463,446
Income (loss) before income taxes	(558,595)	(700,739)	(520,320)
Provision (benefit) for income taxes	(111,131)	(146,589)	(47,751)
Net income (loss)	$ (447,464)	$ (554,150)	$ (472,569)
Basic earnings (loss) per share ( in dollars per share)	$ (4.10)	$ (5.10)	$ (4.50)
Diluted earning (loss) per share ( in dollars per share)	$ (4.10)	$ (5.10)	$ (4.50)
Passenger
Operating revenues:
Total operating revenues	$ 5,268,161	$ 4,989,365	$ 3,175,802
Other
Operating revenues:
Total operating revenues	$ 94,388	$ 79,082	$ 54,973

SAVE Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 865,211	$ 1,346,350
Restricted cash	119,400	119,392
Short-term investment securities	112,501	107,115
Accounts receivable, net	205,468	197,276
Income tax receivable	0	36,261
Prepaid expenses and other current assets	209,547	187,589
Total current assets	1,512,127	1,993,983
Property and equipment:
Flight equipment	3,961,785	4,326,515
Ground property and equipment	726,364	521,802
Less accumulated depreciation	(1,169,021)	(1,098,819)
Total property and equipment	3,519,128	3,749,498
Operating lease right-of-use assets	3,561,028	2,699,574
Pre-delivery deposits on flight equipment	480,717	487,553
Deferred heavy maintenance, net	313,505	190,349
Other long-term assets	30,732	63,817
Total assets	9,417,237	9,184,774
Current liabilities:
Accounts payable	42,098	75,449
Air traffic liability	383,751	429,618
Current maturities of long-term debt, net, and finance leases	315,580	346,888
Current maturities of operating leases	224,865	188,296
Other current liabilities	705,298	556,330
Total current liabilities	1,671,592	1,596,581
Long-term debt and finance leases, less current maturities	3,055,221	3,200,376
Operating leases, less current maturities	3,298,871	2,455,619
Deferred income taxes	107,761	226,843
Deferred gains and other long-term liabilities	149,450	133,704
Shareholders’ equity:
Common stock: Common stock, $0.0001 par value, 240,000,000 shares authorized at December 31, 2023 and 2022, respectively; 111,303,660 and 110,840,751 issued and 109,263,005 and 108,941,920 outstanding as of December 31, 2023 and 2022, respectively	11	11
Additional paid-in-capital	1,158,278	1,146,015
Treasury stock, at cost: 2,040,655 and 1,898,831 as of December 31, 2023 and 2022, respectively	(80,635)	(77,998)
Retained earnings	56,755	504,219
Accumulated other comprehensive income (loss)	(67)	(596)
Total shareholders’ equity	1,134,342	1,571,651
Total liabilities and shareholders’ equity	$ 9,417,237	$ 9,184,774

About Spirit Airlines Inc

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.

CEO	Mr. Edward M. Christie III
WEBSITE	spirit.com
INDUSTRY	Airlines
EMPLOYEES	12025

Spirit Airlines Inc Frequently Asked Questions

What is the ticker symbol for Spirit Airlines Inc? What does SAVE stand for in stocks?

SAVE is the stock ticker symbol of Spirit Airlines Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Spirit Airlines Inc (SAVE)?

As of Wed Apr 24 2024, market cap of Spirit Airlines Inc is 402.88 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SAVE stock?

You can check SAVE's fair value in chart for subscribers.

What is the fair value of SAVE stock?

You can check SAVE's fair value in chart for subscribers. The fair value of Spirit Airlines Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Spirit Airlines Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SAVE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Spirit Airlines Inc a good stock to buy?

The fair value guage provides a quick view whether SAVE is over valued or under valued. Whether Spirit Airlines Inc is cheap or expensive depends on the assumptions which impact Spirit Airlines Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SAVE.

What is Spirit Airlines Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, SAVE's PE ratio (Price to Earnings) is -0.9 and Price to Sales (PS) ratio is 0.08. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SAVE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Spirit Airlines Inc's stock?

In the past 10 years, Spirit Airlines Inc has provided -0.241 (multiply by 100 for percentage) rate of return.