Spirit Airlines, Inc.

SAVE
SAVE logo

Statistics

gray dotBusiness Model Rating
$43.64Share Price
$3.0 BMarket Cap
10.8%EBIT / EV
7.7%FCF / EV
14.9%ROIC
10.6%Cash ROIC
12.0%3yr Avg Revenue Growth
1.88Current Ratio
star logo

Business Model Diligence

We have a Business Model Diligence rating and review for this stock, but you must have a MagicDiligence Membership to view it. If you are already a member, you need to log in first.

Statistical Diligence

check mark The EBIT / Enterprise Value of 10.8% ranks as Very High.
check mark The Free Cash Flow / Enterprise Value of 7.7% ranks as Very High.
check mark The Return on Invested Capital Value of 14.9% ranks as Above Average.
check mark The Cash Return on Capital Value of 10.6% ranks as Average.
check mark The 3 Year Average Revenue Growth Value of 12.0% ranks as Above Average.
check mark Near-term Financial Health appears to be Very Good. The Current Ratio is 1.88.

Company Description

Spirit Airlines, Inc. is an ultra low-cost, low-fare airline that offers affordable travel to price-conscious customers. The company's ultra low-cost carrier, business model allows it to compete principally by offering customers its Bare Fares, which are unbundled base fares that remove components traditionally included in the price of an airline ticket. It gives customers Frill Control, which provides customers the freedom to save by paying only for the options they choose such as bags, advance seat assignments and refreshments. The company, with its all-Airbus Fit Fleet, operates more than 420 daily flights to 59 destinations in the United States, Caribbean and Latin America. Spirit Airlines was founded by Ned Homfeld in 1964 and is headquartered in Miramar, FL.

Calculations

You must have a MagicDiligence Membership to view the Calculations for this stock. If you are already a member, you need to log in first.