Spirit Airlines, Inc.

Spirit Airlines, Inc.verified

SAVE

Price:

$1.08

Market Cap:

$118.28M

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

The ROE as of December 2024 (TTM) for Spirit Airlines, Inc. (SAVE) is -63.51%

According to Spirit Airlines, Inc.’s latest financial reports and current stock price. The company's current ROE is -63.51%. This represents a change of 283.63% compared to the average of -16.56% of the last 4 quarters.

Spirit Airlines, Inc. (SAVE) Historical ROE (quarterly & annually)

How has SAVE ROE performed in the past?

The mean historical ROE of Spirit Airlines, Inc. over the last ten years is -0.26%. The current -63.51% ROE has changed 24.59% with respect to the historical average. Over the past ten years (40 quarters), SAVE's ROE was at its highest in in the December 2017 quarter at 14.09%. The ROE was at its lowest in in the June 2024 quarter at -23.83%.

Quarterly (TTM)
Annual

Average

-0.26%

Median

11.45%

Minimum

-39.45%

Maximum

25.89%

Spirit Airlines, Inc. (SAVE) ROE by Quarter and Year

Discovering the peaks and valleys of Spirit Airlines, Inc. ROE, 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 = 83.57%

Maximum Annual ROE = 25.89%

Minimum Annual Increase = -228.53%

Minimum Annual ROE = -39.45%

Quarterly (TTM)
Annual
YearROEChange
2023-39.45%11.88%
2022-35.26%57.73%
2021-22.35%17.31%
2020-19.06%-228.53%
201914.83%83.57%
20188.08%-65.46%
201723.38%23.76%
201618.89%-27.02%
201525.89%15.18%
201422.48%-2.28%

Spirit Airlines, Inc. (SAVE) Average ROE

How has SAVE ROE performed in the past?

The current ROE 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

-32.35%

5-year avg

-20.26%

10-year avg

-0.26%

Spirit Airlines, Inc. (SAVE) ROE vs. Peers

How is SAVE’s ROE compared to its peers?

Spirit Airlines, Inc.’s ROE is greater than American Airlines Group Inc. (-5.42%), less than Delta Air Lines, Inc. (39.94%), less than Southwest Airlines Co. (-0.47%), less than United Airlines Holdings, Inc. (27.31%), less than Sun Country Airlines Holdings, Inc. (8.37%), greater than JetBlue Airways Corporation (-30.20%), greater than Hawaiian Holdings, Inc. (-1105.51%), greater than Allegiant Travel Company (-2.02%),

Build a custom stock screener for Spirit Airlines, Inc. (SAVE) and other stocks

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:

Custom stock screener in Wisesheets

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.

Spirit Airlines, Inc. (SAVE) and other stocks custom spreadsheet templates

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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Spirit Airlines, Inc.'s ROE?

How is the ROE calculated for Spirit Airlines, Inc. (SAVE)?

What is the highest ROE for Spirit Airlines, Inc. (SAVE)?

What is the 3-year average ROE for Spirit Airlines, Inc. (SAVE)?

What is the 5-year average ROE for Spirit Airlines, Inc. (SAVE)?

How does the current ROE for Spirit Airlines, Inc. (SAVE) compare to its historical average?