Spirit Airlines Inc
NYSE:SAVE
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Spirit Airlines Inc
NYSE:SAVE
|
118.3m USD |
Loading...
|
|
| US |
|
Delta Air Lines Inc
NYSE:DAL
|
45.1B USD |
Loading...
|
|
| US |
|
United Airlines Holdings Inc
NASDAQ:UAL
|
35.5B USD |
Loading...
|
|
| UK |
|
International Consolidated Airlines Group SA
LSE:IAG
|
20.3B GBP |
Loading...
|
|
| US |
|
Southwest Airlines Co
NYSE:LUV
|
26.4B USD |
Loading...
|
|
| CH |
|
Kinarus Therapeutics Holding AG
SIX:KNRS
|
19.5B CHF |
Loading...
|
|
| CN |
|
Air China Ltd
SSE:601111
|
150.8B CNY |
Loading...
|
|
| IE |
R
|
Ryanair Holdings PLC
LSE:RYA
|
15.4B EUR |
Loading...
|
|
| IN |
|
Interglobe Aviation Ltd
NSE:INDIGO
|
1.9T INR |
Loading...
|
|
| CN |
|
China Southern Airlines Co Ltd
SSE:600029
|
140.6B CNY |
Loading...
|
|
| CN |
|
China Eastern Airlines Corp Ltd
SSE:600115
|
132.5B CNY |
Loading...
|
Market Distribution
| Min | -24 813% |
| 30th Percentile | 28.9% |
| Median | 43% |
| 70th Percentile | 60.5% |
| Max | 10 905 714.3% |
Other Profitability Ratios
Spirit Airlines Inc
Glance View
Spirit Airlines, Inc. is an airline that offers travel to customers. The company is headquartered in Miramar, Florida and currently employs 9,823 full-time employees. The company went IPO on 2011-05-26. The firm flies to approximately 85+ destinations across 16 countries in the United States, Latin America, and the Caribbean, primarily targeted toward leisure travelers and those looking to visit friends and relatives. The company focuses on value-conscious travelers who pay for their own travel and compete based on total price. The firm offers unbundled base fares with a range of optional services. The company allows passengers to save by paying only for the options they choose, such as checked and carry-on bags, wireless fidelity (Wi-Fi), advance seat assignments, priority boarding and refreshments. The company has a fleet of approximately 175+ Airbus A320 family aircraft. The company also operates Spirit Saver$ Club, which is a subscription-based loyalty program that allows members access to unpublished, low fares as well as discounted prices on bags, offers on hotels, rental cars, and other travel necessities.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Spirit Airlines Inc is 11.9%, which is below its 3-year median of 18.5%.
Over the last 3 years, Spirit Airlines Inc’s Gross Margin has increased from 2.7% to 11.9%. During this period, it reached a low of 2.7% on Jun 30, 2021 and a high of 23.4% on Jun 30, 2023.
