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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry
vs
history
Cash to Debt No Debt
SAVE's Cash to Debt is ranked higher than
97% of the 174 Companies
in the Global Airlines industry.

( Industry Median: 0.43 vs. SAVE: No Debt )
SAVE' s 10-Year Cash to Debt Range
Min: 0.22   Max: No Debt
Current: No Debt

Equity to Asset 0.67
SAVE's Equity to Asset is ranked higher than
99% of the 166 Companies
in the Global Airlines industry.

( Industry Median: 0.23 vs. SAVE: 0.67 )
SAVE' s 10-Year Equity to Asset Range
Min: -0.54   Max: 0.67
Current: 0.67

-0.54
0.67
Interest Coverage No Debt
SAVE's Interest Coverage is ranked lower than
72% of the 112 Companies
in the Global Airlines industry.

( Industry Median: 3.40 vs. SAVE: No Debt )
SAVE' s 10-Year Interest Coverage Range
Min: 0.46   Max: 9999.99
Current: No Debt

0.46
9999.99
F-Score: 6
Z-Score: 9.90
M-Score: -2.42
WACC vs ROIC
15.13%
78.93%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 17.76
SAVE's Operating margin (%) is ranked higher than
98% of the 173 Companies
in the Global Airlines industry.

( Industry Median: 4.90 vs. SAVE: 17.76 )
SAVE' s 10-Year Operating margin (%) Range
Min: 2.32   Max: 17.06
Current: 17.76

2.32
17.06
Net-margin (%) 11.33
SAVE's Net-margin (%) is ranked higher than
97% of the 173 Companies
in the Global Airlines industry.

( Industry Median: 2.35 vs. SAVE: 11.33 )
SAVE' s 10-Year Net-margin (%) Range
Min: 4.22   Max: 11.96
Current: 11.33

4.22
11.96
ROE (%) 25.80
SAVE's ROE (%) is ranked higher than
95% of the 166 Companies
in the Global Airlines industry.

( Industry Median: 6.91 vs. SAVE: 25.80 )
SAVE' s 10-Year ROE (%) Range
Min: 20.67   Max: 42.28
Current: 25.8

20.67
42.28
ROA (%) 16.70
SAVE's ROA (%) is ranked higher than
99% of the 176 Companies
in the Global Airlines industry.

( Industry Median: 1.75 vs. SAVE: 16.70 )
SAVE' s 10-Year ROA (%) Range
Min: 12.52   Max: 29.48
Current: 16.7

12.52
29.48
ROC (Joel Greenblatt) (%) 850.20
SAVE's ROC (Joel Greenblatt) (%) is ranked higher than
99% of the 176 Companies
in the Global Airlines industry.

( Industry Median: 8.26 vs. SAVE: 850.20 )
SAVE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 365.01   Max: 1210.38
Current: 850.2

365.01
1210.38
Revenue Growth (3Y)(%) -8.20
SAVE's Revenue Growth (3Y)(%) is ranked higher than
90% of the 147 Companies
in the Global Airlines industry.

( Industry Median: 4.50 vs. SAVE: -8.20 )
SAVE' s 10-Year Revenue Growth (3Y)(%) Range
Min: 0   Max: -8.2
Current: -8.2

EBITDA Growth (3Y)(%) 15.50
SAVE's EBITDA Growth (3Y)(%) is ranked higher than
92% of the 119 Companies
in the Global Airlines industry.

( Industry Median: 3.90 vs. SAVE: 15.50 )
SAVE' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0   Max: 15.5
Current: 15.5

0
15.5
EPS Growth (3Y)(%) -3.80
SAVE's EPS Growth (3Y)(%) is ranked higher than
94% of the 113 Companies
in the Global Airlines industry.

( Industry Median: -0.70 vs. SAVE: -3.80 )
SAVE' s 10-Year EPS Growth (3Y)(%) Range
Min: 0   Max: -3.8
Current: -3.8

» SAVE's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2014

SAVE Guru Trades in Q1 2014

Mariko Gordon 8,876 sh (New)
Ronald Muhlenkamp 185,885 sh (+114.34%)
PRIMECAP Management 782,624 sh (+6.05%)
Jeremy Grantham Sold Out
Steven Cohen Sold Out
Joel Greenblatt Sold Out
Jim Simons Sold Out
Robert Olstein 149,000 sh (-3.87%)
Paul Tudor Jones 4,923 sh (-53.56%)
Manning & Napier Advisors, Inc 14,620 sh (-98.92%)
» More
Q2 2014

SAVE Guru Trades in Q2 2014

RS Investment Management 613,260 sh (New)
Steve Mandel 3,500,760 sh (New)
Jim Simons 27,200 sh (New)
Robert Olstein 182,600 sh (+22.55%)
Steven Cohen 5,600 sh (unchged)
Manning & Napier Advisors, Inc Sold Out
Paul Tudor Jones Sold Out
Mariko Gordon Sold Out
PRIMECAP Management 737,824 sh (-5.72%)
Ronald Muhlenkamp 174,825 sh (-5.95%)
» More
Q3 2014

SAVE Guru Trades in Q3 2014

Steven Cohen 72,000 sh (+1185.71%)
Steve Mandel 4,262,432 sh (+21.76%)
Ronald Muhlenkamp 183,385 sh (+4.9%)
PRIMECAP Management 737,824 sh (unchged)
Pioneer Investments 55,689 sh (unchged)
Jim Simons Sold Out
Robert Olstein 108,000 sh (-40.85%)
RS Investment Management 343,120 sh (-44.05%)
» More
Q4 2014

SAVE Guru Trades in Q4 2014

Paul Tudor Jones 5,800 sh (New)
Steven Cohen 165,400 sh (+129.72%)
Robert Olstein 140,000 sh (+29.63%)
PRIMECAP Management 742,824 sh (+0.68%)
Steve Mandel Sold Out
Ronald Muhlenkamp 166,589 sh (-9.16%)
Pioneer Investments 46,990 sh (-15.62%)
RS Investment Management 199,267 sh (-41.92%)
» More
» Details

Insider Trades

Latest Guru Trades with SAVE

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Steve Mandel 2014-12-31 Sold Out 1.2%$53.31 - $84.47 $ 76.326%0
Robert Olstein 2014-12-31 Add 29.63%0.3%$53.31 - $84.47 $ 76.327%140000
Ronald Muhlenkamp 2014-12-31 Reduce -9.16%0.21%$53.31 - $84.47 $ 76.327%166589
Robert Olstein 2014-09-30 Reduce -40.85%0.65%$62.41 - $73.31 $ 76.3211%108000
Steve Mandel 2014-09-30 Add 21.76%0.21%$62.41 - $73.31 $ 76.3211%4262432
Ronald Muhlenkamp 2014-09-30 Add 4.9%0.11%$62.41 - $73.31 $ 76.3211%183385
Steve Mandel 2014-06-30 New Buy0.89%$54.22 - $63.8 $ 76.3229%3500760
Robert Olstein 2014-06-30 Add 22.55%0.29%$54.22 - $63.8 $ 76.3229%182600
Ronald Muhlenkamp 2014-06-30 Reduce -5.95%0.11%$54.22 - $63.8 $ 76.3229%174825
Mariko Gordon 2014-06-30 Sold Out 0.02%$54.22 - $63.8 $ 76.3229%0
Ronald Muhlenkamp 2014-03-31 Add 114.34%1.01%$44.76 - $63.05 $ 76.3246%185885
Joel Greenblatt 2014-03-31 Sold Out 0.16%$44.76 - $63.05 $ 76.3246%0
Mariko Gordon 2014-03-31 New Buy0.02%$44.76 - $63.05 $ 76.3246%8876
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
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Ratios

vs
industry
vs
history
P/E(ttm) 26.50
SAVE's P/E(ttm) is ranked higher than
86% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 29.90 vs. SAVE: 26.50 )
SAVE' s 10-Year P/E(ttm) Range
Min: 3.11   Max: 29.15
Current: 26.5

3.11
29.15
Forward P/E 13.51
SAVE's Forward P/E is ranked higher than
81% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 12.11 vs. SAVE: 13.51 )
N/A
PE(NRI) 26.40
SAVE's PE(NRI) is ranked higher than
86% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 29.90 vs. SAVE: 26.40 )
SAVE' s 10-Year PE(NRI) Range
Min: 3.1   Max: 29.15
Current: 26.4

3.1
29.15
P/B 5.80
SAVE's P/B is ranked higher than
73% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 2.22 vs. SAVE: 5.80 )
SAVE' s 10-Year P/B Range
Min: 1.84   Max: 6.49
Current: 5.8

1.84
6.49
P/S 2.90
SAVE's P/S is ranked higher than
71% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 0.68 vs. SAVE: 2.90 )
SAVE' s 10-Year P/S Range
Min: 0.34   Max: 3.29
Current: 2.9

0.34
3.29
PFCF 28.20
SAVE's PFCF is ranked higher than
89% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 0.00 vs. SAVE: 28.20 )
SAVE' s 10-Year PFCF Range
Min: 3.73   Max: 31.09
Current: 28.2

3.73
31.09
POCF 24.44
SAVE's POCF is ranked higher than
75% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 5.92 vs. SAVE: 24.44 )
SAVE' s 10-Year POCF Range
Min: 3.51   Max: 27
Current: 24.44

3.51
27
EV-to-EBIT 14.20
SAVE's EV-to-EBIT is ranked higher than
86% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 18.35 vs. SAVE: 14.20 )
SAVE' s 10-Year EV-to-EBIT Range
Min: 1.8   Max: 16.8
Current: 14.2

1.8
16.8
Current Ratio 1.78
SAVE's Current Ratio is ranked higher than
98% of the 171 Companies
in the Global Airlines industry.

( Industry Median: 0.88 vs. SAVE: 1.78 )
SAVE' s 10-Year Current Ratio Range
Min: 0.88   Max: 2.01
Current: 1.78

0.88
2.01
Quick Ratio 1.78
SAVE's Quick Ratio is ranked higher than
98% of the 171 Companies
in the Global Airlines industry.

( Industry Median: 0.84 vs. SAVE: 1.78 )
SAVE' s 10-Year Quick Ratio Range
Min: 0.88   Max: 2.01
Current: 1.78

0.88
2.01
Days Sales Outstanding 5.16
SAVE's Days Sales Outstanding is ranked higher than
98% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 19.26 vs. SAVE: 5.16 )
SAVE' s 10-Year Days Sales Outstanding Range
Min: 2.78   Max: 6.3
Current: 5.16

2.78
6.3

Valuation & Return

vs
industry
vs
history
Price/Net Cash 46.30
SAVE's Price/Net Cash is ranked higher than
99% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 0.00 vs. SAVE: 46.30 )
SAVE' s 10-Year Price/Net Cash Range
Min: 12.63   Max: 80.27
Current: 46.3

12.63
80.27
Price/Net Current Asset Value 39.50
SAVE's Price/Net Current Asset Value is ranked higher than
98% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 0.00 vs. SAVE: 39.50 )
SAVE' s 10-Year Price/Net Current Asset Value Range
Min: 10.96   Max: 54.5
Current: 39.5

10.96
54.5
Price/Tangible Book 5.90
SAVE's Price/Tangible Book is ranked higher than
76% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 3.24 vs. SAVE: 5.90 )
SAVE' s 10-Year Price/Tangible Book Range
Min: 2.21   Max: 5.48
Current: 5.9

2.21
5.48
Price/Median PS Value 2.20
SAVE's Price/Median PS Value is ranked higher than
74% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 1.31 vs. SAVE: 2.20 )
SAVE' s 10-Year Price/Median PS Value Range
Min: 0.28   Max: 1.96
Current: 2.2

0.28
1.96
Price/Graham Number 2.60
SAVE's Price/Graham Number is ranked higher than
84% of the 188 Companies
in the Global Airlines industry.

( Industry Median: 2.48 vs. SAVE: 2.60 )
SAVE' s 10-Year Price/Graham Number Range
Min: 0.92   Max: 2.37
Current: 2.6

0.92
2.37
Earnings Yield (Greenblatt) 7.00
SAVE's Earnings Yield (Greenblatt) is ranked higher than
85% of the 174 Companies
in the Global Airlines industry.

( Industry Median: 6.40 vs. SAVE: 7.00 )
SAVE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 6   Max: 54.5
Current: 7

6
54.5

Business Description

Industry: Airlines » Airlines
Compare: » details
Traded in other countries:S64.Germany,
Spirit Airlines Inc was founded in 1964 as Clippert Trucking Company, a Michigan corporation. It began air charter operations in 1990 and was renamed as Spirit Airlines, Inc. in 1992. In 1994, the Company was reincorporated in Delaware. The Company is an airline based in Miramar, Florida. The Company's all-Airbus fleet currently operates more than 250 daily flights to over 50 destinations in the United States, Caribbean and Latin America. Its route network included 130 markets served by 56 airports throughout North America, Central America, South America and the Caribbean. The majority of its tickets are sold through direct channels including online via www.spirit.com, its call center and the ticket counter with spirit.com being the primary channel. Its competitors include traditional network airlines, low-cost carriers, and regional airlines. The Company is subject to various federal, state and local laws and regulations relating to the protection of the environment and affecting matters such as aircraft engine emissions, aircraft noise emissions and the discharge or disposal of materials and chemicals, which laws and regulations are administered by numerous state and federal agencies.
» More Articles for SAVE

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