Spirit Airlines
SAVE
#3697
Rank
$2.15 B
Marketcap
$19.76
Share price
-1.98%
Change (1 day)
-4.73%
Change (1 year)

Operating Margin for Spirit Airlines (SAVE)

Operating Margin as of January 2023 (TTM): -7.51%

According to Spirit Airlines 's latest financial reports and stock price the company's current Operating Margin is -7.51%. At the end of 2021 the company had an Operating Margin of -12.36%.

Operating Margin history for Spirit Airlines from 2010 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-12.36%-56.44%
2020-28.37%-311.28%
201913.43%59.99%
20188.39%-44.05%
201715.00%-22.32%
201619.31%-19.11%
201523.87%30.63%
201418.27%7.06%
201317.07%28.91%
201213.24%-1.99%
201113.51%52.96%
20108.83%-52.86%
200918.74%100.08%
20089.36%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.80%-100.10%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.52%-100.03%๐Ÿ‡บ๐Ÿ‡ธ USA
3.78%-100.07%๐Ÿ‡บ๐Ÿ‡ธ USA
8.39%-100.13%๐Ÿ‡บ๐Ÿ‡ธ USA
2.20%-100.05%๐Ÿ‡บ๐Ÿ‡ธ USA
5.13%-100.04%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.67%-100.04%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.09%-100.10%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.60%-100.03%๐Ÿ‡บ๐Ÿ‡ธ 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.