Spirit Airlines
SAVE
#6793
Rank
$0.30 B
Marketcap
$2.79
Share price
0.36%
Change (1 day)
-85.37%
Change (1 year)

Operating Margin for Spirit Airlines (SAVE)

Operating Margin as of July 2024 (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%
201913.71%63.39%
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
3.05%-135.80%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.60% 36.15%๐Ÿ‡บ๐Ÿ‡ธ USA
2.20%-125.82%๐Ÿ‡บ๐Ÿ‡ธ USA
1.40%-116.43%๐Ÿ‡บ๐Ÿ‡ธ USA
2.18%-125.59%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.33%-84.39%๐Ÿ‡บ๐Ÿ‡ธ USA
3.78%-144.37%๐Ÿ‡บ๐Ÿ‡ธ USA
3.66%-142.96%๐Ÿ‡บ๐Ÿ‡ธ USA
0.37%-104.34%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.