Spirit Airlines Overview

  • Year Founded
  • 1964

Year Founded

  • Status
  • Public

  • Employees
  • 13,167

Employees

  • Stock Symbol
  • SAVEQ

Stock Symbol

  • 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.com
Formerly Known As
Charter One, Clipper Trucking Company, Ground Air Transfer, Inc.
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • 1731 Radiant Drive
  • Dania Beach, FL 33004
  • United States
+1 (866)
Primary Industry
Air
Stock Exchange
PINX
Vertical(s)
Industrials
Corporate Office
  • 1731 Radiant Drive
  • Dania Beach, FL 33004
  • United States
+1 (866)

Spirit Airlines Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Spirit Airlines Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Spirit Airlines Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Spirit Airlines Inc serves the United States, Latin America, and Caribbean as an airline operator. It primarily offers c
Air
Dania Beach, FL
13,167 As of 2023

Denver, CO
 

Swords, Ireland
 
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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
You’re viewing 5 of 14 competitors. Get the full list »

Spirit Airlines Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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

To view Spirit Airlines’s complete esg history, request access »

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.

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