Spirit Airlines Inc

NYSE SAVE

Data sourced from

and

Daily

Download Data

Spirit Airlines Inc Price to Earnings Ratio (P/E) on June 03, 2024: -2.53

Spirit Airlines Inc Price to Earnings Ratio (P/E) is -2.53 on June 03, 2024, a 29.86% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.

Spirit Airlines Inc 52-week high Price to Earnings Ratio (P/E) is -1.16 on January 18, 2024, which is 53.93% above the current Price to Earnings Ratio (P/E).
Spirit Airlines Inc 52-week low Price to Earnings Ratio (P/E) is -5.16 on July 11, 2023, which is -104.14% below the current Price to Earnings Ratio (P/E).
Spirit Airlines Inc average Price to Earnings Ratio (P/E) for the last 52 weeks is -3.42.

NYSE: SAVE

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.

Key trends