Spirit Earnings Yield from 2010 to 2024
| SAVE Stock | USD 0.13 0.02 13.33% |
Earnings Yield | First Reported 2010-12-31 | Previous Quarter (0.25) | Current Value (0.24) | Quarterly Volatility 0.15825333 |
Check Spirit Airlines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spirit Airlines' main balance sheet or income statement drivers, such as Depreciation And Amortization of 336.9 M, Interest Expense of 128.6 M or Selling General Administrative of 164.2 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.021 or PTB Ratio of 1.16. Spirit financial statements analysis is a perfect complement when working with Spirit Airlines Valuation or Volatility modules.
Spirit | Earnings Yield |
Latest Spirit Airlines' Earnings Yield Growth Pattern
Below is the plot of the Earnings Yield of Spirit Airlines over the last few years. It is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. Spirit Airlines' Earnings Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spirit Airlines' overall financial position and show how it may be relating to other accounts over time.
| Earnings Yield | 10 Years Trend |
|
Earnings Yield |
| Timeline |
Spirit Earnings Yield Regression Statistics
| Arithmetic Mean | (0.02) | |
| Coefficient Of Variation | (760.80) | |
| Mean Deviation | 0.14 | |
| Median | 0.05 | |
| Standard Deviation | 0.16 | |
| Sample Variance | 0.03 | |
| Range | 0.3954 | |
| R-Value | (0.81) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.66 | |
| Significance | 0.0002 | |
| Slope | (0.03) | |
| Total Sum of Squares | 0.35 |
Spirit Earnings Yield History
About Spirit Airlines Financial Statements
Spirit Airlines stakeholders use historical fundamental indicators, such as Spirit Airlines' Earnings Yield, to determine how well the company is positioned to perform in the future. Although Spirit Airlines investors may analyze each financial statement separately, they are all interrelated. For example, changes in Spirit Airlines' assets and liabilities are reflected in the revenues and expenses on Spirit Airlines' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Spirit Airlines. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Earnings Yield | (0.25) | (0.24) |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Spirit Airlines is a strong investment it is important to analyze Spirit Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Spirit Airlines' future performance. For an informed investment choice regarding Spirit Stock, refer to the following important reports:Check out the analysis of Spirit Airlines Correlation against competitors. For information on how to trade Spirit Stock refer to our How to Trade Spirit Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spirit Airlines. If investors know Spirit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spirit Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Earnings Share (6.20) | Revenue Per Share 46.897 | Quarterly Revenue Growth (0.11) | Return On Assets (0.05) |
The market value of Spirit Airlines is measured differently than its book value, which is the value of Spirit that is recorded on the company's balance sheet. Investors also form their own opinion of Spirit Airlines' value that differs from its market value or its book value, called intrinsic value, which is Spirit Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spirit Airlines' market value can be influenced by many factors that don't directly affect Spirit Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spirit Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spirit Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spirit Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.