SAVE
Price:
$2.51
Market Cap:
$274.89M
Spirit Airlines, Inc. provides airline services. It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2021, the company had a fleet of 173 Airbus single-aisle aircraft. It sells tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various third parties, including online, traditional travel agents, and electronic global distribution systems. 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.[Read more]
Industry
Airlines, Airports & Air Services
IPO Date
2011-05-26
Stock Exchange
NYSE
Ticker
SAVE
According to Spirit Airlines, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -0.40. This represents a change of -76.21% compared to the average of -1.68 of the last 4 quarters.
The mean historical PE Ratio of Spirit Airlines, Inc. over the last ten years is 7.25. The current -0.40 PE Ratio has changed -651.91% with respect to the historical average. Over the past ten years (40 quarters), SAVE's PE Ratio was at its highest in in the June 2018 quarter at 55.11. The PE Ratio was at its lowest in in the June 2023 quarter at -199.36.
Average
7.25
Median
7.85
Minimum
-4.85
Maximum
25.38
Discovering the peaks and valleys of Spirit Airlines, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 239.70%
Maximum Annual PE Ratio = 25.38
Minimum Annual Increase = -158.71%
Minimum Annual PE Ratio = -4.85
Year | PE Ratio | Change |
---|---|---|
2023 | -4.00 | 4.58% |
2022 | -3.82 | -21.26% |
2021 | -4.85 | 0.51% |
2020 | -4.83 | -158.71% |
2019 | 8.23 | -67.58% |
2018 | 25.38 | 239.70% |
2017 | 7.47 | -51.63% |
2016 | 15.45 | 70.29% |
2015 | 9.07 | -62.80% |
2014 | 24.38 | 30.86% |
The current PE Ratio of Spirit Airlines, Inc. (SAVE) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-4.23
5-year avg
-1.86
10-year avg
7.25
Spirit Airlines, Inc.’s PE Ratio is greater than American Airlines Group Inc. (-58.64), less than Delta Air Lines, Inc. (5.79), less than Southwest Airlines Co. (231.04), less than United Airlines Holdings, Inc. (5.15), less than Sun Country Airlines Holdings, Inc. (11.71), greater than JetBlue Airways Corporation (-1.93), greater than Hawaiian Holdings, Inc. (-2.49), greater than Allegiant Travel Company (-48.48),
Company | PE Ratio | Market cap |
---|---|---|
-58.64 | $7.09B | |
5.79 | $27.13B | |
231.04 | $17.79B | |
5.15 | $15.13B | |
11.71 | $590.91M | |
-1.93 | $1.84B | |
-2.49 | $886.77M | |
-48.48 | $743.58M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Spirit Airlines, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Spirit Airlines, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the PE Ratio?
How can you use the PE Ratio?
What is Spirit Airlines, Inc.'s PE Ratio?
How is the PE Ratio calculated for Spirit Airlines, Inc. (SAVE)?
What is the highest PE Ratio for Spirit Airlines, Inc. (SAVE)?
What is the 3-year average PE Ratio for Spirit Airlines, Inc. (SAVE)?
What is the 5-year average PE Ratio for Spirit Airlines, Inc. (SAVE)?
How does the current PE Ratio for Spirit Airlines, Inc. (SAVE) compare to its historical average?