Spirit Airlines
SAVE
$16.50
Share price
2.61%
Change (1 day)
-32.71%
Change (1 year)
Categories
Operating Margin for Spirit Airlines (SAVE)
Operating Margin as of September 2023 (TTM): -8.52%
According to Spirit Airlines 's latest financial reports and stock price the company's current Operating Margin is -8.52%. At the end of 2022 the company had an Operating Margin of -11.52%.
Operating Margin history for Spirit Airlines from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -11.52% | -3.04% |
| 2021 | -11.88% | -57.15% |
| 2020 | -27.72% | -302.1% |
| 2019 | 13.71% | 63.39% |
| 2018 | 8.39% | -44.05% |
| 2017 | 15.00% | -22.32% |
| 2016 | 19.31% | -19.11% |
| 2015 | 23.87% | 30.63% |
| 2014 | 18.27% | 7.06% |
| 2013 | 17.07% | 28.91% |
| 2012 | 13.24% | -1.99% |
| 2011 | 13.51% | 52.96% |
| 2010 | 8.83% | -52.86% |
| 2009 | 18.74% | 100.08% |
| 2008 | 9.36% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Alaska Airlines
ALK | 2.18% | -125.59% | 🇺🇸 USA |
 American Airlines AAL | 0.37% | -104.34% | 🇺🇸 USA |
 Delta Air Lines DAL | 3.78% | -144.37% | 🇺🇸 USA |
 Southwest Airlines LUV | 3.05% | -135.80% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 2.20% | -125.82% | 🇺🇸 USA |
 SkyWest SKYW | 1.40% | -116.43% | 🇺🇸 USA |
 Jetblue Airways
JBLU | -1.33% | -84.39% | 🇺🇸 USA |
 Allegiant Air
ALGT | 3.66% | -142.96% | 🇺🇸 USA |
 Hawaiian Airlines HA | -11.60% | 36.15% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.