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GuruFocus has detected 2 Warning Signs with Spirit Airlines Inc \$SAVE.
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Spirit Airlines Inc (NAS:SAVE)
Pre-Tax 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

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

 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Pretax Income 0 34 85 20 123 175 282 353 502 419

Spirit Airlines Inc Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Pretax Income 100 89 109 121 154 118 98 116 128 78
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