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Spirit Airlines (Spirit Airlines) Revenue

: $5,363 Mil (TTM As of Dec. 2023)
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Spirit Airlines's revenue for the three months ended in Dec. 2023 was $1,322 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $5,363 Mil. Spirit Airlines's Revenue per Share for the three months ended in Dec. 2023 was $12.11. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $49.13.

During the past 12 months, the average Revenue per Share Growth Rate of Spirit Airlines was 5.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 32.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was -0.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 5.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Spirit Airlines's highest 3-Year average Revenue per Share Growth Rate was 32.00% per year. The lowest was -17.50% per year. And the median was 10.00% per year.


Spirit Airlines Revenue Historical Data

The historical data trend for Spirit Airlines's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spirit Airlines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,830.54 1,810.02 3,230.78 5,068.45 5,362.55

Spirit Airlines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,391.31 1,349.77 1,432.47 1,258.54 1,321.76

Competitive Comparison

For the Airlines subindustry, Spirit Airlines's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spirit Airlines Revenue Distribution

For the Transportation industry and Industrials sector, Spirit Airlines's Revenue distribution charts can be found below:

* The bar in red indicates where Spirit Airlines's Revenue falls into.



Spirit Airlines Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,363 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Spirit Airlines  (NYSE:SAVE) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Spirit Airlines Revenue Related Terms

Thank you for viewing the detailed overview of Spirit Airlines's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Spirit Airlines (Spirit Airlines) Business Description

Traded in Other Exchanges
Address
2800 Executive Way, Miramar, FL, USA, 33025
Spirit Airlines Inc serves the United States, Latin America, and Caribbean as an airline operator. It primarily offers customers unbundled base fares to strip out any unneeded travel amenities. If needed, a customer can elect for additional options at an extra charge. Flight crews are entirely interchangeable across all aircraft, and maintenance and other support services are simplified due to not having an overly complex fleet. The company has one operating segment, air transportation, owing to its system wide route structure. It may decide to expand its network if a market is underserved or overpriced. The majority of revenue is derived from the United States.
Executives
Rocky Wiggins officer: SVP and CIO C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Melinda C Grindle officer: SVP & CHRO C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Robert D Johnson director HONEYWELL, 1944 E SKY HARBOR CIRCLE, PHOENIX AZ 85034
Brian J. Mcmenamy officer: VP & Controller C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Laurie Villa officer: SVP and CHRO C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
John A. Bendoraitis officer: EVP and COO C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Thomas C Canfield officer: SVP, GC & Secretary C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Kevin Blake Vanier officer: VP of FP & A C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Christine P Richards director 942 SOUTH SHADY GROVE ROAD, MEMPHIS TN 38120
Mark B Dunkerley director
H. Mcintyre Gardner director C/O SPIRIT AIRLINES, 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Christie Edward M Iii officer: Chief Financial Officer S/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Robert L Fornaro director C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Matthew H Klein officer: SVP and CCO C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Dawn M. Zier director 600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034