Spirit Airlines (SAVE) Net Income

Price: $1.08
Market Cap: $118.28M
Avg Volume: -
Country: US
Industry: Airlines, Airports & Air Services
Sector: Industrials
Beta: 1.366
52W Range: $None
Website: Spirit Airlines

What is Spirit Airlines's Net Income?

  • Spirit Airlines's annual net income as of FY 2023 is $-447.46M.
  • Spirit Airlines's quarterly net income as of Q2 2024 is $-192.93M.

What is Net Income?

Net income is the total profit of a company after all expenses and taxes have been deducted from revenue. It is also known as net profit or net earnings and is a key indicator of a company's financial performance and profitability.

Related Metrics

Other important metrics to assess Spirit Airlines's financial health include:

  • Net Income Growth - the rate at which a company's net income is growing:
    • Annual Growth: 19.25%
  • Net Income Ratio - net income divided by revenue:
    • Annual: -8.34%
    • Quarterly: -15.06%
  • Net Income Per Share - net income divided by the number of shares outstanding:
    • Annual: $-4.10

These metrics provide insights into Spirit Airlines's financial health and its profitability. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Net Income

$-447.46M

Quarterly Net Income

$-192.93M

Historical Annual Net Income
$600.00M$600.00M$400.00M$400.00M$200.00M$200.00M$0.00$0.00-$200.00M-$200.00M-$400.00M-$400.00M-$600.00M-$600.00MNet Income (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Net Income
$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.00-$100.00M-$100.00M-$200.00M-$200.00M-$300.00M-$300.00MNet Income (Quarterly)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Annual Net Income Growth
200.00%200.00%100.00%100.00%0.00%0.00%-100.00%-100.00%-200.00%-200.00%-300.00%-300.00%Net Income Growth (%)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Annual Net Income Per Share
$9.00$9.00$6.00$6.00$3.00$3.00$0.00$0.00$-3.00$-3.00$-6.00$-6.00Net Income Per Share20152015201620162017201720182018201920192020202020212021202220222023202320242024

Spirit Airlines Historical Net Income Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Net Income Net Income Growth Net Income Ratio Net Income Per Share
2023 $-447.46M 19.25% -8.34% $-4.10
2022 $-554.15M -17.26% -10.93% $-5.10
2021 $-472.57M -10.23% -14.63% $-4.50
2020 $-428.70M -227.87% -23.68% $-5.06
2019 $335.25M 115.25% 8.75% $4.90
2018 $155.75M -62.52% 4.69% $2.28
2017 $415.52M 57.70% 15.69% $6.00
2016 $263.48M -16.94% 11.35% $3.75
2015 $317.22M 40.70% 14.81% $4.39
2014 $225.46M 27.44% 11.67% $3.10