SAVE
Price:
$1.08
Market Cap:
$118.28M
Spirit Airlines, Inc. operates as a commercial air carrier, providing flight services to 85 destinations across 16 countries, including locations throughout the United States, Latin America, and the Caribbean. As of December 31, 2021, its fleet consisted of 173 single-aisle Airbus aircraft. The airline distributes tickets through direct channels like its call centers, airport counters, and its website, spirit.com, as well as via numerous third-party platforms, including online travel agencies, traditional travel agents, and electronic global distribution systems. Established in 1964, the company was initially known as Clippert Trucking Company before officially changing its name to Spirit Ai...[Read more]
Industry
Airlines, Airports & Air Services
IPO Date
2011-05-26
Stock Exchange
NYSE
Ticker
SAVE
According to Spirit Airlines, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -0.17. This represents a change of 533.67% compared to the average of -0.03 of the last 4 quarters.
The mean historical PE Ratio of Spirit Airlines, Inc. over the last ten years is 3.88. The current -0.17 PE Ratio has changed -549.41% with respect to the historical average. Over the past ten years (40 quarters), SAVE's PE Ratio was at its highest in in the June 2018 quarter at 56.80. The PE Ratio was at its lowest in in the June 2023 quarter at -199.53.
Average
3.88
Median
-0.04
Minimum
-4.86
Maximum
25.40
Discovering the peaks and valleys of Spirit Airlines, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 244.38%
Maximum Annual PE Ratio = 25.40
Minimum Annual Increase = -158.74%
Minimum Annual PE Ratio = -4.86
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | -0.03 | -55.44% |
| 2024 | -0.06 | -98.47% |
| 2023 | -4.00 | 4.66% |
| 2022 | -3.82 | -21.34% |
| 2021 | -4.86 | 0.49% |
| 2020 | -4.83 | -158.74% |
| 2019 | 8.23 | -67.62% |
| 2018 | 25.40 | 244.38% |
| 2017 | 7.38 | -51.94% |
| 2016 | 15.35 | 69.07% |
The current PE Ratio of Spirit Airlines, Inc. (SAVE) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-1.36
5-year avg
-2.55
10-year avg
3.88
Spirit Airlines, Inc.’s PE Ratio is greater than Azul S.A. (-23.30), greater than Servotronics, Inc. (-101.64), less than Manitex International, Inc. (15.93), less than Orbital Infrastructure Group, Inc. (-0.00), less than The L.S. Starrett Company (5.19), greater than Arq, Inc. (-2.21), greater than Intevac, Inc. (-2.69), greater than SunPower Inc. (-1.34), greater than RYTHM, Inc. (-1.98), greater than Singularity Future Technology Ltd. (-0.21),
| Company | PE Ratio | Market cap |
|---|---|---|
| -23.30 | $155.88M | |
| -101.64 | $120.00M | |
| 15.93 | $118.30M | |
| -0.00 | $1.78M | |
| 5.19 | $113.38M | |
| -2.21 | $121.91M | |
| -2.69 | $108.60M | |
| -1.34 | $76.52M | |
| -1.98 | $60.13M | |
| -0.21 | $1.42M |
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