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GuruFocus has detected 3 Warning Signs with Spirit Airlines Inc $SAVE.
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Spirit Airlines Inc (NAS:SAVE)
Pre-Tax Income
$373 Mil (TTM As of Mar. 2017)

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 Mar. 2017 was $52 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2017 was $373 Mil. Spirit Airlines Inc's pretax margin was 8.76%.

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 Mar. 2017 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=59.405+-0.003+-8.893+1.313+0
=52

Spirit Airlines Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2017 was 115.73 (Jun. 2016 ) + 127.963 (Sep. 2016 ) + 77.707 (Dec. 2016 ) + 51.822 (Mar. 2017 ) = $373 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 Mar. 2017 is calculated as

Pretax Margin=Pretax Income/Revenue
=51.822/591.746
=8.76%

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

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Pretax Income 89109121154118981161287852
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