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GuruFocus has detected 2 Warning Signs with Spirit Airlines Inc $SAVE.
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Spirit Airlines Inc (NAS:SAVE)
Pretax Income
$419 Mil (TTM As of Dec. 2016)

Pretax income is the income that a company earns before paying income taxes. Spirit Airlines Inc's pretax income for the three months ended in Dec. 2016 was $78 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2016 was $419 Mil. Spirit Airlines Inc's pretax margin was 13.44%.

During the past 9 years, Spirit Airlines Inc's highest Pretax Margin was 23.46%. The lowest was 2.58%. And the median was 13.24%.


Definition

This is the income that a company earns before paying income taxes.

Spirit Airlines Inc's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=443.661+-0.528+-28.949+5.276+0
=419

Spirit Airlines Inc's Pretax Income for the quarter that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=85.311+-0.121+-8.524+1.041+-1.42108547152E-14
=78

Spirit Airlines Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2016 was 98.06 (Mar. 2016 ) + 115.73 (Jun. 2016 ) + 127.963 (Sep. 2016 ) + 77.707 (Dec. 2016 ) = $419 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Spirit Airlines Inc's Pretax Margin for the quarter that ended in Dec. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=77.707/578.351
=13.44%

During the past 9 years, Spirit Airlines Inc's highest Pretax Margin was 23.46%. The lowest was 2.58%. And the median was 13.24%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Spirit Airlines Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 0348520123175282353502419

Spirit Airlines Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Pretax Income 100891091211541189811612878
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