Spirit Airlines Overview
- Year Founded
-
1964

- Status
-
Public
- Employees
-
13,167

- Stock Symbol
-
SAVEQ

- Share Price
-
$0.62
- (As of Friday Closing)
Spirit Airlines General Information
Description
Spirit Airlines Inc serves the United States, Latin America, and Caribbean as an airline operator. It primarily offers customers unbundled base fares to strip out any unneeded travel amenities. If needed, a customer can elect for additional options at an extra charge. Flight crews are entirely interchangeable across all aircraft, and maintenance and other support services are simplified due to not having an overly complex fleet. The company has one operating segment, air transportation, owing to its system wide route structure. It may decide to expand its network if a market is underserved or overpriced. The majority of revenue is derived from the United States.
Contact Information
Website
www.spirit.comCorporate Office
- 1731 Radiant Drive
- Dania Beach, FL 33004
- United States
Corporate Office
- 1731 Radiant Drive
- Dania Beach, FL 33004
- United States
Spirit Airlines Timeline
Spirit Airlines Stock Performance
As of 14-Feb-2025, Spirit Airlines’s stock price is $0.62. Its current market cap is $67.6M with 110M shares.
(As of Friday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$0.62 | $0.58 | $0.01 - $6.81 | $67.6M | 110M | 6.26M | -$7.56 |
Spirit Airlines Financials Summary
As of 30-Sep-2024, Spirit Airlines has a trailing 12-month revenue of $5.07B.
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
---|---|---|---|---|
EV | 6,847,380 | 7,483,999 | 6,375,449 | 5,707,897 |
Revenue | 5,065,290 | 5,362,549 | 5,068,447 | 3,230,775 |
EBITDA | (463,620) | (180,647) | (307,011) | (107,395) |
Net Income | (827,457) | (447,464) | (554,150) | (472,569) |
Total Assets | 9,493,049 | 9,417,237 | 9,184,774 | 8,540,025 |
Total Debt | 7,785,938 | 6,930,652 | 6,213,247 | 5,117,802 |
Spirit Airlines Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Spirit Airlines Comparisons
Industry
Financing
Details
Spirit Airlines Competitors (14)
One of Spirit Airlines’s 14 competitors is Frontier Airlines, a Formerly PE-Backed company based in Denver, CO.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Frontier Airlines | Formerly PE-Backed | Denver, CO | ||||
Ryanair | Formerly PE-Backed | Swords, Ireland | ||||
Southwest Airlines | Corporation | Dallas, TX | ||||
Skywest | Corporation | Saint George, UT | ||||
Interjet | Corporate Backed or Acquired | Mexico City, Mexico |
Spirit Airlines Signals
Spirit Airlines ESG
Risk Overview
Risk Rating
Updated November, 29, 2024
33.78 | High Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,120
Rank
Percentile

Transportation
Industry
of 384
Rank
Percentile

Airlines
Subindustry
of 70
Rank
Percentile

Spirit Airlines FAQs
-
When was Spirit Airlines founded?
Spirit Airlines was founded in 1964.
-
Where is Spirit Airlines headquartered?
Spirit Airlines is headquartered in Dania Beach, FL.
-
What is the size of Spirit Airlines?
Spirit Airlines has 13,167 total employees.
-
What industry is Spirit Airlines in?
Spirit Airlines’s primary industry is Air.
-
Is Spirit Airlines a private or public company?
Spirit Airlines is a Public company.
-
What is Spirit Airlines’s stock symbol?
The ticker symbol for Spirit Airlines is SAVEQ.
-
What is the current stock price of Spirit Airlines?
As of 14-Feb-2025 the stock price of Spirit Airlines is $0.62.
-
What is the current market cap of Spirit Airlines?
The current market capitalization of Spirit Airlines is $67.6M.
-
What is Spirit Airlines’s current revenue?
The trailing twelve month revenue for Spirit Airlines is $5.07B.
-
Who are Spirit Airlines’s competitors?
Frontier Airlines, Ryanair, Southwest Airlines, Skywest, and Interjet are some of the 14 competitors of Spirit Airlines.
-
What is Spirit Airlines’s annual earnings per share (EPS)?
Spirit Airlines’s EPS for 12 months was -$7.56.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »