Spirit Airlines Inc
NYSE:SAVE
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Spirit Airlines Inc
Operating Margin
Spirit Airlines Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | US |
| Market Cap | 15.3m USD |
| Operating Margin |
-13%
|
| Country | US |
| Market Cap | 40.9B USD |
| Operating Margin |
9%
|
| Country | US |
| Market Cap | 31.3B USD |
| Operating Margin |
8%
|
| Country | CH |
| Market Cap | 19.5B CHF |
| Operating Margin | N/A |
| Country | IE |
| Market Cap | 15.4B EUR |
| Operating Margin |
15%
|
| Country | US |
| Market Cap | 19.2B USD |
| Operating Margin |
-1%
|
| Country | IN |
| Market Cap | 1.6T INR |
| Operating Margin |
12%
|
| Country | CN |
| Market Cap | 116.3B CNY |
| Operating Margin |
1%
|
| Country | UK |
| Market Cap | 12.1B GBP |
| Operating Margin |
10%
|
| Country | SG |
| Market Cap | 18.9B SGD |
| Operating Margin |
14%
|
| Country | CN |
| Market Cap | 88.7B CNY |
| Operating Margin |
2%
|
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company also operates Spirit Saver$ Club, which is a subscription-based loyalty program that allows members access to unpublished, low fares as well as discounted prices on bags, offers on hotels, rental cars, and other travel necessities.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
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Spirit Airlines Inc's most recent financial statements, the company has Operating Margin of -13.3%.
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