Spirit Airlines Inc

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Spirit Airlines Inc Beginning Cash 5 year CAGR for the year ending December 31, 2023: 12.85%

Spirit Airlines Inc Beginning Cash 5 year CAGR is 12.85% for the year ending December 31, 2023, a -16.07% change year over year. Beginning Cash is the amount of cash held by a company at the beginning of a specific period. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Spirit Airlines Inc Beginning Cash for the year ending December 31, 2022 was USD 1.43 B, a -23.22% change year over year.
Spirit Airlines Inc Beginning Cash for the year ending December 31, 2021 was USD 1.86 B, a 90.11% change year over year.
Spirit Airlines Inc Beginning Cash for the year ending December 31, 2020 was USD 978.96 M, a -2.57% change year over year.
Spirit Airlines Inc Beginning Cash for the year ending December 31, 2019 was USD 1.00 B, a 25.46% change year over year.

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Spirit Airlines Inc

CEO	Mr. Edward M. Christie III
IPO Date	May 26, 2011
Location	United States
Headquarters	2800 Executive Way, Miramar, FL, United States, 33025
Employees	13,167
Sector	Industrials
Industry	Airlines

Description

Spirit Airlines, Inc. provides airline services. The company also offers hotels and rental cars services. It serves 93 destinations in 15 countries in the United States, Latin America, and the Caribbean. As of December 31, 2023, the company operated a fleet of 205 Airbus single-aisle aircraft. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was incorporated in 1964 and is headquartered in Miramar, Florida.

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