Spirit Operating Income from 2010 to 2024

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USD 0.13 0.02 13.33%

Spirit Airlines' Operating Income is decreasing over the years with slightly volatile fluctuation. Overall, Operating Income is projected to go to about -471 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Spirit Airlines generates from its operations. View All Fundamentals

Operating Income

First Reported

2009-03-31

Previous Quarter

-207.3 M

Current Value

-152.5 M

Quarterly Volatility

108.7 M

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Yuan Drop

Covid

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.

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.

Latest Spirit Airlines' Operating Income Growth Pattern

Below is the plot of the Operating Income of Spirit Airlines over the last few years. Operating Income is the amount of profit realized from Spirit Airlines operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Spirit Airlines is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Spirit Airlines' Operating Income 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.

Operating Income

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Operating Income

Timeline

Spirit Operating Income Regression Statistics

	Arithmetic Mean	68,753,657
	Coefficient Of Variation	583.11
	Mean Deviation	336,601,345
	Median	173,990,000
	Standard Deviation	400,906,352
	Sample Variance	160725.9T
	Range	1.1B
	R-Value	(0.60)
	Mean Square Error	109761.9T
	R-Squared	0.37
	Significance	0.02
	Slope	(54,223,654)
	Total Sum of Squares	2250162.6T

Spirit Operating Income History

	2024	-471 M
	2023	-495.8 M
	2022	-598.9 M
	2021	-56.9 M
	2020	-507.8 M
	2019	501 M
	2018	350.9 M

Other Fundumenentals of Spirit Airlines

Non Operating Income Net Other

Spirit Airlines Operating Income component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Short Term Investments	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Treasury Stock	Accumulated Depreciation	Short Long Term Debt	Long Term Debt Total	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.68	0.95	0.31	0.68	0.95	0.99	0.85	0.97	0.77	0.99	0.77	0.96	0.92	0.98	0.67	0.86	-0.36	0.51	0.93	0.94	0.91	-0.54	0.84
Total Stockholder Equity	0.68		0.42	0.88	0.37	0.54	0.55	0.86	0.57	0.53	0.67	0.68	0.76	0.81	0.54	0.18	0.72	-0.5	-0.07	0.69	0.61	0.63	0.0	0.3
Net Debt	0.95	0.42		0.01	0.68	0.94	0.99	0.66	0.96	0.72	0.93	0.67	0.88	0.78	0.98	0.74	0.75	-0.23	0.68	0.84	0.89	0.85	-0.7	0.91
Retained Earnings	0.31	0.88	0.01		0.09	0.14	0.15	0.59	0.2	0.11	0.32	0.55	0.48	0.48	0.12	-0.23	0.44	-0.47	-0.36	0.4	0.26	0.28	0.27	-0.15
Accounts Payable	0.68	0.37	0.68	0.09		0.63	0.7	0.6	0.7	0.61	0.69	0.52	0.64	0.7	0.64	0.65	0.66	-0.08	0.19	0.71	0.74	0.7	-0.39	0.64
Net Receivables	0.95	0.54	0.94	0.14	0.63		0.96	0.81	0.95	0.79	0.94	0.69	0.85	0.87	0.96	0.74	0.77	-0.25	0.52	0.89	0.91	0.87	-0.48	0.9
Total Liab	0.99	0.55	0.99	0.15	0.7	0.96		0.77	0.98	0.76	0.97	0.72	0.92	0.87	0.99	0.73	0.82	-0.29	0.6	0.9	0.93	0.9	-0.62	0.89
Total Current Assets	0.85	0.86	0.66	0.59	0.6	0.81	0.77		0.8	0.78	0.86	0.73	0.81	0.96	0.77	0.58	0.89	-0.42	0.14	0.91	0.86	0.85	-0.06	0.67
Short Term Debt	0.97	0.57	0.96	0.2	0.7	0.95	0.98	0.8		0.74	0.96	0.71	0.93	0.87	0.96	0.68	0.85	-0.27	0.54	0.94	0.92	0.92	-0.54	0.86
Common Stock	0.77	0.53	0.72	0.11	0.61	0.79	0.76	0.78	0.74		0.74	0.48	0.65	0.87	0.8	0.87	0.76	-0.24	0.5	0.75	0.85	0.7	-0.34	0.86
Long Term Debt	0.99	0.67	0.93	0.32	0.69	0.94	0.97	0.86	0.96	0.74		0.82	0.94	0.91	0.96	0.67	0.86	-0.35	0.46	0.93	0.95	0.93	-0.47	0.84
Short Term Investments	0.77	0.68	0.67	0.55	0.52	0.69	0.72	0.73	0.71	0.48	0.82		0.83	0.73	0.68	0.41	0.66	-0.53	0.26	0.8	0.79	0.66	-0.28	0.54
Property Plant Equipment	0.96	0.76	0.88	0.48	0.64	0.85	0.92	0.81	0.93	0.65	0.94	0.83		0.88	0.89	0.49	0.84	-0.37	0.44	0.91	0.88	0.86	-0.54	0.69
Current Deferred Revenue	0.92	0.81	0.78	0.48	0.7	0.87	0.87	0.96	0.87	0.87	0.91	0.73	0.88		0.86	0.68	0.91	-0.39	0.32	0.93	0.93	0.86	-0.3	0.77
Net Tangible Assets	0.98	0.54	0.98	0.12	0.64	0.96	0.99	0.77	0.96	0.8	0.96	0.68	0.89	0.86		0.76	0.8	-0.3	0.62	0.87	0.92	0.88	-0.6	0.92
Capital Surpluse	0.67	0.18	0.74	-0.23	0.65	0.74	0.73	0.58	0.68	0.87	0.67	0.41	0.49	0.68	0.76		0.65	-0.14	0.56	0.63	0.78	0.64	-0.39	0.94
Deferred Long Term Liab	0.86	0.72	0.75	0.44	0.66	0.77	0.82	0.89	0.85	0.76	0.86	0.66	0.84	0.91	0.8	0.65		-0.29	0.32	0.9	0.89	0.88	-0.24	0.74
Treasury Stock	-0.36	-0.5	-0.23	-0.47	-0.08	-0.25	-0.29	-0.42	-0.27	-0.24	-0.35	-0.53	-0.37	-0.39	-0.3	-0.14	-0.29		-0.06	-0.33	-0.24	-0.19	0.07	-0.14
Accumulated Depreciation	0.51	-0.07	0.68	-0.36	0.19	0.52	0.6	0.14	0.54	0.5	0.46	0.26	0.44	0.32	0.62	0.56	0.32	-0.06		0.38	0.51	0.29	-0.83	0.67
Short Long Term Debt	0.93	0.69	0.84	0.4	0.71	0.89	0.9	0.91	0.94	0.75	0.93	0.8	0.91	0.93	0.87	0.63	0.9	-0.33	0.38		0.95	0.9	-0.33	0.77
Long Term Debt Total	0.94	0.61	0.89	0.26	0.74	0.91	0.93	0.86	0.92	0.85	0.95	0.79	0.88	0.93	0.92	0.78	0.89	-0.24	0.51	0.95		0.89	-0.43	0.89
Net Invested Capital	0.91	0.63	0.85	0.28	0.7	0.87	0.9	0.85	0.92	0.7	0.93	0.66	0.86	0.86	0.88	0.64	0.88	-0.19	0.29	0.9	0.89		-0.27	0.8
Net Working Capital	-0.54	0.0	-0.7	0.27	-0.39	-0.48	-0.62	-0.06	-0.54	-0.34	-0.47	-0.28	-0.54	-0.3	-0.6	-0.39	-0.24	0.07	-0.83	-0.33	-0.43	-0.27		-0.52
Capital Stock	0.84	0.3	0.91	-0.15	0.64	0.9	0.89	0.67	0.86	0.86	0.84	0.54	0.69	0.77	0.92	0.94	0.74	-0.14	0.67	0.77	0.89	0.8	-0.52

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About Spirit Airlines Financial Statements

Spirit Airlines stakeholders use historical fundamental indicators, such as Spirit Airlines' Operating Income, 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
Operating Income	-495.8 M	-471 M
Non Operating Income Net Other	13.7 M	14.4 M

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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:

How To Invest In Spirit

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Is Spirit Stock a good investment?

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What is Spirit Airlines' Net Worth?

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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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.

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Spirit Operating Income from 2010 to 2024

Latest Spirit Airlines' Operating Income Growth Pattern

Spirit Operating Income Regression Statistics

Spirit Operating Income History

Other Fundumenentals of Spirit Airlines

Spirit Airlines Operating Income component correlations

About Spirit Airlines Financial Statements

Also Currently Popular

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