$1.08
+0.00%
N/A+$0.00
Industrials
Airlines, Airports & Air Services
NYSE
Inactive
Spirit Airlines, Inc. operates as a commercial air carrier, providing flight services to 85 destinations across 16 countries, including locations throughout the ...
Financial highlights
Latest / TTM · 6 periods
Snapshot
Latest / TTM: 2026-07-22
Gross Margin
—
Net Margin
—
P/E Ratio
—
Debt / Equity
—
Profitability
Profitability table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Gross MarginGross profit as a percentage of revenue. | 7.2% | 19.2% | 11.0% | 41.0% | 31.8% | — |
| Operating MarginOperating income as a percentage of revenue. | -1.8% | -11.8% | -9.2% | -22.5% | -20.2% | — |
| Net MarginNet income as a percentage of revenue. | -14.6% | -10.9% | -8.3% | -25.0% | -72.7% | — |
| EBITDA MarginEBITDA divided by revenue. | -3.2% | -5.7% | -2.1% | -15.2% | -60.5% | — |
| Pre-tax MarginPre-tax profit as a percentage of revenue. | -16.1% | -13.8% | -10.4% | -26.2% | -72.5% | — |
Liquidity & leverage
Liquidity & leverage table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Current RatioCurrent assets divided by current liabilities. | 1.44 | 1.25 | 0.90 | 1.19 | 0.97 | — |
| Quick RatioLiquid assets divided by current liabilities. | 1.44 | 1.25 | 0.90 | 1.19 | 0.97 | — |
| Cash RatioCash and equivalents divided by current liabilities. | 1.05 | 0.84 | 0.52 | 0.51 | 0.21 | — |
| Debt / AssetsDebt as a share of total assets. | 59.9% | 67.6% | 73.6% | 25.6% | 19.9% | — |
| Debt / EquityDebt compared with shareholder equity. | 2.42 | 3.95 | 6.11 | -30.64 | -0.57 | — |
Operating efficiency
Operating efficiency table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Receivables TurnoverHow often receivables are collected in a year. | 19.38x | 21.70x | 26.10x | 27.46x | 29.39x | — |
| Inventory TurnoverHow often inventory is sold in a year. | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | — |
| Payables TurnoverHow often payables are paid in a year. | 66.71x | 54.28x | 113.35x | 89.54x | 58.72x | — |
| Asset TurnoverRevenue generated per dollar of assets. | 0.38x | 0.55x | 0.57x | 0.51x | 0.63x | — |
| Working Capital TurnoverRevenue generated per dollar of working capital. | 4.09x | 10.51x | 45.08x | 54.51x | 25.16x | — |
Valuation ratios
Valuation ratios table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| P/E RatioPrice paid for each dollar of earnings. | -4.86x | -3.82x | -4.00x | -0.06x | -0.03x | — |
| P/B RatioPrice paid for each dollar of book value. | 1.09x | 1.35x | 1.58x | -0.94x | -0.04x | — |
| P/S RatioPrice paid for each dollar of sales. | 0.71x | 0.42x | 0.33x | 0.02x | 0.02x | — |
| P/FCF RatioPrice paid for each dollar of free cash flow. | -16.22x | -6.00x | -3.41x | -0.10x | -0.15x | — |
| Dividend YieldAnnual dividend divided by current share price. | 0.0% | 0.0% | 7.3% | 29.1% | 0.0% | — |