Switch to:

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 : 7/10

vs
industry
vs
history
Cash to Debt 1.80
SAVE's Cash to Debt is ranked higher than
83% of the 72 Companies
in the Global Airlines industry.

( Industry Median: 0.43 vs. SAVE: 1.80 )
Ranked among companies with meaningful Cash to Debt only.
SAVE' s 10-Year Cash to Debt Range
Min: 0.22  Med: 10000.00 Max: No Debt
Current: 1.8
Equity to Asset 0.51
SAVE's Equity to Asset is ranked higher than
97% of the 71 Companies
in the Global Airlines industry.

( Industry Median: 0.25 vs. SAVE: 0.51 )
Ranked among companies with meaningful Equity to Asset only.
SAVE' s 10-Year Equity to Asset Range
Min: -0.54  Med: 0.60 Max: 0.67
Current: 0.51
-0.54
0.67
F-Score: 6
Z-Score: 4.80
M-Score: -2.73
WACC vs ROIC
15.30%
52.46%
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 (%) 20.66
SAVE's Operating margin (%) is ranked higher than
96% of the 73 Companies
in the Global Airlines industry.

( Industry Median: 6.01 vs. SAVE: 20.66 )
Ranked among companies with meaningful Operating margin (%) only.
SAVE' s 10-Year Operating margin (%) Range
Min: 2.32  Med: 13.48 Max: 18.39
Current: 20.66
2.32
18.39
Net-margin (%) 13.16
SAVE's Net-margin (%) is ranked higher than
93% of the 73 Companies
in the Global Airlines industry.

( Industry Median: 2.63 vs. SAVE: 13.16 )
Ranked among companies with meaningful Net-margin (%) only.
SAVE' s 10-Year Net-margin (%) Range
Min: 4.22  Med: 9.28 Max: 11.96
Current: 13.16
4.22
11.96
ROE (%) 26.99
SAVE's ROE (%) is ranked higher than
80% of the 69 Companies
in the Global Airlines industry.

( Industry Median: 10.68 vs. SAVE: 26.99 )
Ranked among companies with meaningful ROE (%) only.
SAVE' s 10-Year ROE (%) Range
Min: 20.67  Med: 25.81 Max: 42.28
Current: 26.99
20.67
42.28
ROA (%) 15.94
SAVE's ROA (%) is ranked higher than
96% of the 74 Companies
in the Global Airlines industry.

( Industry Median: 2.17 vs. SAVE: 15.94 )
Ranked among companies with meaningful ROA (%) only.
SAVE' s 10-Year ROA (%) Range
Min: 12.52  Med: 16.52 Max: 29.48
Current: 15.94
12.52
29.48
ROC (Joel Greenblatt) (%) 158.58
SAVE's ROC (Joel Greenblatt) (%) is ranked higher than
99% of the 74 Companies
in the Global Airlines industry.

( Industry Median: 7.60 vs. SAVE: 158.58 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
SAVE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 270.51  Med: 678.47 Max: 1425.03
Current: 158.58
270.51
1425.03
Revenue Growth (3Y)(%) 9.60
SAVE's Revenue Growth (3Y)(%) is ranked higher than
69% of the 54 Companies
in the Global Airlines industry.

( Industry Median: 2.70 vs. SAVE: 9.60 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
SAVE' s 10-Year Revenue Growth (3Y)(%) Range
Min: 0  Med: -10.05 Max: 9.6
Current: 9.6
0
9.6
EBITDA Growth (3Y)(%) 24.20
SAVE's EBITDA Growth (3Y)(%) is ranked higher than
74% of the 43 Companies
in the Global Airlines industry.

( Industry Median: 4.00 vs. SAVE: 24.20 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
SAVE' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0  Med: -2.40 Max: 24.2
Current: 24.2
0
24.2
EPS Growth (3Y)(%) 29.10
SAVE's EPS Growth (3Y)(%) is ranked higher than
76% of the 34 Companies
in the Global Airlines industry.

( Industry Median: 4.80 vs. SAVE: 29.10 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
SAVE' s 10-Year EPS Growth (3Y)(%) Range
Min: 0  Med: -13.05 Max: 29.1
Current: 29.1
0
29.1
» SAVE's 10-Y Financials

Financials


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

» Details

Guru Trades

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 (+4.90%)
Pioneer Investments 55,689 sh (unchged)
PRIMECAP Management 737,824 sh (unchged)
Steve Mandel 4,373,632 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
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
Q1 2015

SAVE Guru Trades in Q1 2015

Lee Ainslie 9,150 sh (New)
Jim Chanos 68,310 sh (New)
Robert Olstein 197,000 sh (+40.71%)
Ronald Muhlenkamp 168,159 sh (+0.94%)
PRIMECAP Management 742,824 sh (unchged)
Paul Tudor Jones Sold Out
RS Investment Management Sold Out
Pioneer Investments Sold Out
Steven Cohen 19,000 sh (-88.51%)
» More
Q2 2015

SAVE Guru Trades in Q2 2015

Manning & Napier Advisors, Inc 838,510 sh (New)
» 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%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 16.37
SAVE's P/E(ttm) is ranked lower than
58% of the 48 Companies
in the Global Airlines industry.

( Industry Median: 16.80 vs. SAVE: 16.37 )
Ranked among companies with meaningful P/E(ttm) only.
SAVE' s 10-Year P/E(ttm) Range
Min: 3.11  Med: 16.83 Max: 28.61
Current: 16.37
3.11
28.61
Forward P/E 10.76
SAVE's Forward P/E is ranked lower than
61% of the 46 Companies
in the Global Airlines industry.

( Industry Median: 9.12 vs. SAVE: 10.76 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 16.30
SAVE's PE(NRI) is ranked lower than
58% of the 48 Companies
in the Global Airlines industry.

( Industry Median: 16.70 vs. SAVE: 16.30 )
Ranked among companies with meaningful PE(NRI) only.
SAVE' s 10-Year PE(NRI) Range
Min: 3.1  Med: 16.84 Max: 28.61
Current: 16.3
3.1
28.61
P/B 4.04
SAVE's P/B is ranked lower than
83% of the 64 Companies
in the Global Airlines industry.

( Industry Median: 1.93 vs. SAVE: 4.04 )
Ranked among companies with meaningful P/B only.
SAVE' s 10-Year P/B Range
Min: 1.84  Med: 3.49 Max: 6.37
Current: 4.04
1.84
6.37
P/S 2.16
SAVE's P/S is ranked lower than
95% of the 73 Companies
in the Global Airlines industry.

( Industry Median: 0.56 vs. SAVE: 2.16 )
Ranked among companies with meaningful P/S only.
SAVE' s 10-Year P/S Range
Min: 0.34  Med: 1.58 Max: 3.23
Current: 2.16
0.34
3.23
POCF 10.63
SAVE's POCF is ranked lower than
92% of the 61 Companies
in the Global Airlines industry.

( Industry Median: 5.23 vs. SAVE: 10.63 )
Ranked among companies with meaningful POCF only.
SAVE' s 10-Year POCF Range
Min: 3.51  Med: 14.47 Max: 26.5
Current: 10.63
3.51
26.5
EV-to-EBIT 9.41
SAVE's EV-to-EBIT is ranked higher than
58% of the 53 Companies
in the Global Airlines industry.

( Industry Median: 12.71 vs. SAVE: 9.41 )
Ranked among companies with meaningful EV-to-EBIT only.
SAVE' s 10-Year EV-to-EBIT Range
Min: 1.8  Med: 8.80 Max: 16.4
Current: 9.41
1.8
16.4
PEG 3.79
SAVE's PEG is ranked lower than
83% of the 23 Companies
in the Global Airlines industry.

( Industry Median: 0.85 vs. SAVE: 3.79 )
Ranked among companies with meaningful PEG only.
SAVE' s 10-Year PEG Range
Min: 0.73  Med: 0.88 Max: 0.98
Current: 3.79
0.73
0.98
Shiller P/E 24.31
SAVE's Shiller P/E is ranked lower than
58% of the 38 Companies
in the Global Airlines industry.

( Industry Median: 22.85 vs. SAVE: 24.31 )
Ranked among companies with meaningful Shiller P/E only.
SAVE' s 10-Year Shiller P/E Range
Min: 24.27  Med: 31.41 Max: 33.38
Current: 24.31
24.27
33.38
Current Ratio 1.65
SAVE's Current Ratio is ranked higher than
89% of the 72 Companies
in the Global Airlines industry.

( Industry Median: 0.79 vs. SAVE: 1.65 )
Ranked among companies with meaningful Current Ratio only.
SAVE' s 10-Year Current Ratio Range
Min: 0.88  Med: 1.78 Max: 2.01
Current: 1.65
0.88
2.01
Quick Ratio 1.65
SAVE's Quick Ratio is ranked higher than
92% of the 72 Companies
in the Global Airlines industry.

( Industry Median: 0.72 vs. SAVE: 1.65 )
Ranked among companies with meaningful Quick Ratio only.
SAVE' s 10-Year Quick Ratio Range
Min: 0.88  Med: 1.78 Max: 2.01
Current: 1.65
0.88
2.01
Days Sales Outstanding 5.52
SAVE's Days Sales Outstanding is ranked higher than
92% of the 61 Companies
in the Global Airlines industry.

( Industry Median: 19.11 vs. SAVE: 5.52 )
Ranked among companies with meaningful Days Sales Outstanding only.
SAVE' s 10-Year Days Sales Outstanding Range
Min: 2.78  Med: 4.42 Max: 6.3
Current: 5.52
2.78
6.3

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 4.03
SAVE's Price/Tangible Book is ranked lower than
74% of the 58 Companies
in the Global Airlines industry.

( Industry Median: 2.32 vs. SAVE: 4.03 )
Ranked among companies with meaningful Price/Tangible Book only.
SAVE' s 10-Year Price/Tangible Book Range
Min: 2.05  Med: 3.22 Max: 5.48
Current: 4.03
2.05
5.48
Price/Projected FCF 2.57
SAVE's Price/Projected FCF is ranked lower than
76% of the 33 Companies
in the Global Airlines industry.

( Industry Median: 1.43 vs. SAVE: 2.57 )
Ranked among companies with meaningful Price/Projected FCF only.
SAVE' s 10-Year Price/Projected FCF Range
Min: 3.27  Med: 3.36 Max: 3.45
Current: 2.57
3.27
3.45
Price/Median PS Value 1.36
SAVE's Price/Median PS Value is ranked lower than
68% of the 65 Companies
in the Global Airlines industry.

( Industry Median: 1.07 vs. SAVE: 1.36 )
Ranked among companies with meaningful Price/Median PS Value only.
SAVE' s 10-Year Price/Median PS Value Range
Min: 0.25  Med: 0.94 Max: 1.83
Current: 1.36
0.25
1.83
Price/Peter Lynch Fair Value 0.78
SAVE's Price/Peter Lynch Fair Value is ranked higher than
50% of the 16 Companies
in the Global Airlines industry.

( Industry Median: 0.71 vs. SAVE: 0.78 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
SAVE' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.91  Med: 0.95 Max: 0.99
Current: 0.78
0.91
0.99
Price/Graham Number 1.71
SAVE's Price/Graham Number is ranked lower than
72% of the 39 Companies
in the Global Airlines industry.

( Industry Median: 1.40 vs. SAVE: 1.71 )
Ranked among companies with meaningful Price/Graham Number only.
SAVE' s 10-Year Price/Graham Number Range
Min: 0.92  Med: 1.52 Max: 2.44
Current: 1.71
0.92
2.44
Earnings Yield (Greenblatt) (%) 10.66
SAVE's Earnings Yield (Greenblatt) (%) is ranked higher than
69% of the 71 Companies
in the Global Airlines industry.

( Industry Median: 6.10 vs. SAVE: 10.66 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
SAVE' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 6.1  Med: 11.35 Max: 54.5
Current: 10.66
6.1
54.5
Forward Rate of Return (Yacktman) (%) 23.53
SAVE's Forward Rate of Return (Yacktman) (%) is ranked higher than
77% of the 40 Companies
in the Global Airlines industry.

( Industry Median: 11.86 vs. SAVE: 23.53 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
SAVE' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: 2.2  Med: 26.40 Max: 30.4
Current: 23.53
2.2
30.4

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

Headlines

Articles On GuruFocus.com
Why Volaris Aviation is the Best Stock in the Airline Industry Jul 13 2015 
The Two Best Airline Stocks that Investors Should Buy Jul 07 2015 
Virgin America's Dip Provides an Opportunity for Long-term Investors May 15 2015 
Seven Airline Stocks that are a Must Have May 13 2015 
Is Beaten Down Spirit Airlines a Buy? May 11 2015 
Analyzing Why Spirit Airlines is a Value Play May 08 2015 
Virgin America Stock Outlook Mar 24 2015 
Imperial Capital and Barclays Remain Bullish on Spirit Airlines Following Q4 Results Feb 12 2015 
Spirit Airlines: Ready to Take Off Nov 13 2014 
How Are Airlines Building On Their Bottom Line? Sep 10 2014 

More From Other Websites
Airlines: Time to Unleash 'Cash Flow Hell' Jul 31 2015
Two planes evacuated at Dallas airport, three injured Jul 30 2015
SPIRIT AIRLINES, INC. Financials Jul 30 2015
Southwest Airlines Co. Earnings Analysis: By the Numbers Jul 30 2015
JetBlue Reports Surprisingly Strong June Traffic Jul 29 2015
Good news for LaGuardia Airport Jul 27 2015
Spirit Airlines (SAVE) Beats Q2 Earnings, Revenues in Line - Analyst Blog Jul 27 2015
Spirit Airlines (SAVE) Earnings Report: Q2 2015 Conference Call Transcript Jul 27 2015
10-Q for Spirit Airlines, Inc. Jul 26 2015
Edited Transcript of SAVE earnings conference call or presentation 24-Jul-15 2:00pm GMT Jul 24 2015
Bernard Selz’s Top New Picks For Q3 Jul 24 2015
Spirit Airlines CEO: Bullish summer Jul 24 2015
Spirit Airlines Inc Earnings Call scheduled for 10:00 am ET today Jul 24 2015
Spirit Airlines Q2 Earnings Top, Capacity Jumps 30% Jul 24 2015
Spirit Airlines (SAVE) Beats on Earnings in Q2 - Tale of the Tape Jul 24 2015
SPIRIT AIRLINES, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Jul 24 2015
Will Spirit Airlines Remain the Most Profitable US Carrier? Jul 24 2015
Investor Update Jul 24 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK