FLYY - Spirit Aviation Holdings, Inc.
Price:
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| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||
| Revenue | 4,913.4 | 5,362.5 | 5,068.4 | 3,230.8 | 1,810.0 | 3,830.5 | 3,323.0 | 2,643.6 | 2,320.0 | 2,141.5 | 1,931.6 | 1,654.4 | 1,318.4 | 1,071.2 | 781.3 | 700.0 | 787.3 |
| Cost of Revenue | 4,704.2 | 4,771.7 | 4,311.8 | 2,998.7 | 2,178.0 | 2,666.2 | 2,357.1 | 1,780.6 | 1,473.1 | 1,335.9 | 1,348.2 | 1,159.3 | 967.3 | 780.8 | 586.8 | 340.7 | 472.3 |
| Gross Profit | 209.2 | 590.9 | 756.6 | 232.1 | (368.0) | 1,164.3 | 966.0 | 862.9 | 846.9 | 805.5 | 583.4 | 495.1 | 351.1 | 290.3 | 194.5 | 359.4 | 315.0 |
| Operating Expenses | |||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 197.2 | 190.9 | 177.6 | 132.5 | 85.1 | 153.8 | 137.0 | 113.5 | 96.9 | 86.6 | 74.8 | 67.5 | 56.7 | 51.3 | 41.2 | 169.5 | 184.8 |
| Other Expenses | 1,117.4 | 895.7 | 1,178.0 | 156.4 | 54.7 | 509.5 | 478.0 | 364.6 | 308.6 | 209.8 | 153.3 | 145.3 | 120.4 | 94.6 | 84.4 | 78.5 | 111.9 |
| Operating Expenses | 1,314.6 | 1,086.6 | 1,355.6 | 288.9 | 139.7 | 663.3 | 615.0 | 478.1 | 405.5 | 296.4 | 228.1 | 212.8 | 177.1 | 146.0 | 125.6 | 247.9 | 296.7 |
| Operating Income | |||||||||||||||||
| Operating Income | (1,105.4) | (495.8) | (598.9) | (56.9) | (507.8) | 501.0 | 350.9 | 384.8 | 441.5 | 509.1 | 355.3 | 282.3 | 174.0 | 144.4 | 68.9 | 111.4 | 18.3 |
| Interest Expense | 186.6 | 122.5 | 100.8 | 121.1 | 118.5 | 88.9 | 73.9 | 43.5 | 28.9 | 8.8 | 0 | 0 | 0 | 21.9 | 48.8 | 45.9 | 40.1 |
| Interest Income | 48.3 | 65.4 | 20.2 | 5.4 | 6.3 | 25.1 | 19.1 | 8.7 | 5.3 | 2.1 | 0.3 | 0.4 | 0.9 | 0.6 | 0.3 | 0.3 | 2.0 |
| Profitability | |||||||||||||||||
| EBITDA | (777.9) | (115.2) | (286.9) | (102.0) | (223.1) | 750.6 | 455.6 | 533.3 | 547.3 | 585.1 | 400.0 | 314.4 | 189.8 | 152.5 | 74.6 | 136.1 | 78.0 |
| EBIT | (1,103.1) | (436.1) | (600.0) | (399.2) | (501.7) | 525.3 | 278.9 | 393.2 | 446.2 | 511.2 | 353.0 | 282.4 | 174.6 | 144.7 | 69.0 | 131.2 | 73.7 |
| Income Before Tax | (1,289.7) | (558.6) | (700.7) | (520.3) | (620.2) | 436.4 | 205.0 | 349.7 | 417.3 | 502.4 | 353.0 | 282.4 | 174.6 | 122.8 | 20.2 | 85.2 | 33.6 |
| Income Tax Expense | (60.2) | (111.1) | (146.6) | (47.8) | (191.5) | 101.2 | 49.2 | (65.8) | 153.8 | 185.2 | 127.5 | 105.5 | 66.1 | 46.4 | (52.3) | 1.5 | 0.4 |
| Net Income | (1,229.5) | (447.5) | (554.1) | (472.6) | (428.7) | 335.3 | 155.7 | 415.5 | 263.5 | 317.2 | 225.5 | 176.9 | 108.5 | 76.4 | 72.5 | 83.7 | 33.3 |
| Per Share Data | |||||||||||||||||
| EPS (Basic) | -11.23 | -4.09 | -5.06 | -4.32 | -3.92 | – | – | – | – | – | – | – | – | – | – | – | – |
| EPS (Diluted) | -11.23 | -4.09 | -5.06 | -4.32 | -3.92 | – | – | – | – | – | – | – | – | – | – | – | – |
| Shares Outstanding | 109.5 | 109.5 | 109.5 | 109.5 | 109.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||
| Cash & Cash Equivalents | 902.1 | 865.2 | 1,346.3 | 1,333.5 | 1,789.7 | 979.0 | 1,004.7 | 800.8 | 700.9 | 803.6 | 632.8 | 530.6 | 416.8 | 343.3 | 82.7 | 86.1 | 16.2 |
| Short-Term Investments | 118.3 | 112.5 | 107.1 | 106.3 | 106.3 | 105.3 | 102.8 | 100.9 | 100.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 179.0 | 205.5 | 233.5 | 166.7 | 190.4 | 94.8 | 47.7 | 119.2 | 41.1 | 28.3 | 22.7 | 23.2 | 22.7 | 15.4 | 9.5 | 8.3 | 6.0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 909.8 | 328.9 | 119.4 | 95.4 | 71.4 | 0 | 0 | 0 | 0 | 0 | 0 | 16.2 | 12.6 | 84.0 | 159.0 | 69.3 | 83.7 |
| Total Current Assets | 2,109.1 | 1,512.1 | 1,994.0 | 1,842.5 | 2,356.0 | 1,385.4 | 1,345.5 | 1,282.1 | 975.8 | 1,026.3 | 721.5 | 649.1 | 547.4 | 442.7 | 251.2 | 163.8 | 106.0 |
| Non-Current Assets | |||||||||||||||||
| Property, Plant & Equipment | 7,190.0 | 7,560.9 | 6,936.6 | 6,291.9 | 5,658.8 | 5,259.5 | 3,491.5 | 2,642.8 | 1,990.3 | 1,337.5 | 681.4 | 354.8 | 247.5 | 235.3 | 19.3 | 18.4 | 20.8 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 296.0 | 344.2 | 254.2 | 405.6 | 384.0 | 398.5 | 328.5 | 220.9 | 185.8 | 166.7 | 189.9 | 176.9 | 125.1 | 67.8 | 203.9 | 145.7 | 113.2 |
| Total Non-Current Assets | 7,486.1 | 7,905.1 | 7,190.8 | 6,697.5 | 6,042.8 | 5,658.0 | 3,820.0 | 2,863.7 | 2,176.1 | 1,504.2 | 871.3 | 531.7 | 372.5 | 303.1 | 224.5 | 164.1 | 134.0 |
| Total Assets | 9,595.2 | 9,417.2 | 9,184.8 | 8,540.0 | 8,398.8 | 7,043.4 | 5,165.5 | 4,145.8 | 3,151.9 | 2,530.5 | 1,592.8 | 1,180.8 | 919.9 | 745.8 | 475.8 | 327.9 | 240.0 |
| Current Liabilities | |||||||||||||||||
| Account Payables | 32.4 | 42.1 | 75.4 | 45.0 | 28.5 | 43.6 | 39.3 | 22.8 | 15.2 | 17.0 | 13.4 | 23.1 | 24.2 | 15.9 | 13.4 | 15.3 | 21.1 |
| Short-Term Debt | 436.5 | 315.6 | 346.9 | 208.9 | 384.2 | 258.9 | 163.6 | 115.4 | 84.4 | 49.6 | 10.4 | 0 | 0 | 0 | 23.2 | 3.2 | 5.1 |
| Deferred Revenue | 436.8 | 383.8 | 429.6 | 382.3 | 402.0 | 315.4 | 292.0 | 263.7 | 206.4 | 216.8 | 188.9 | 167.6 | 131.4 | 112.3 | 0 | 0 | 0 |
| Other Current Liabilities | 47.5 | 104.1 | 29.2 | 32.8 | 31.5 | 34.7 | 25.7 | 23.1 | 21.4 | 14.4 | 16.9 | 10.6 | 11.3 | 10.7 | 151.9 | 124.6 | 152.1 |
| Total Current Liabilities | 1,769.4 | 1,671.6 | 1,596.6 | 1,275.6 | 1,342.0 | 1,112.0 | 834.5 | 664.3 | 532.0 | 466.2 | 365.6 | 336.0 | 276.9 | 227.1 | 214.4 | 163.9 | 178.3 |
| Non-Current Liabilities | |||||||||||||||||
| Long-Term Debt | 1,761.2 | 3,055.2 | 3,200.4 | 2,975.8 | 3,066.6 | 1,960.5 | 2,024.8 | 1,387.5 | 897.4 | 596.7 | 135.2 | 0 | 0 | 0 | 12.0 | 12.0 | 209.4 |
| Deferred Tax Liabilities | 51.9 | 107.8 | 226.8 | 375.5 | 439.9 | 469.3 | 355.1 | 308.8 | 308.1 | 221.5 | 66.4 | 48.9 | 33.2 | 12.1 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1,757.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 354.4 | 330.1 | 114.2 |
| Total Non-Current Liabilities | 7,905.9 | 6,611.3 | 6,016.5 | 5,150.4 | 4,807.1 | 3,670.0 | 2,402.4 | 1,718.9 | 1,225.4 | 839.0 | 224.1 | 75.7 | 60.5 | 52.0 | 366.4 | 342.1 | 323.6 |
| Total Liabilities | 9,675.3 | 8,282.9 | 7,613.1 | 6,426.0 | 6,149.1 | 4,782.1 | 3,237.0 | 2,383.2 | 1,757.3 | 1,305.2 | 589.7 | 411.6 | 337.3 | 279.1 | 580.8 | 506.0 | 501.9 |
| Stockholders' Equity | |||||||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (1,172.7) | 56.8 | 504.2 | 1,058.4 | 1,524.9 | 1,955.2 | 1,625.5 | 1,469.7 | 1,063.6 | 798.8 | 481.5 | 256.1 | 79.2 | (29.3) | (105.8) | (178.2) | (261.9) |
| Accumulated Other Comprehensive Income | 0.2 | (0.1) | (0.6) | (0.5) | (0.6) | (0.8) | (1.2) | (1.5) | (1.3) | (1.5) | (0.7) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | (80.1) | 1,134.3 | 1,571.7 | 2,114.0 | 2,249.7 | 2,261.3 | 1,928.5 | 1,762.6 | 1,394.6 | 1,225.3 | 1,003.1 | 769.1 | 582.5 | 466.7 | (105.1) | (178.1) | (261.9) |
| Total Liabilities & Equity | 9,595.2 | 9,417.2 | 9,184.8 | 8,540.0 | 8,398.8 | 7,043.4 | 5,165.5 | 4,145.8 | 3,151.9 | 2,530.5 | 1,592.8 | 1,180.8 | 919.9 | 745.8 | 475.8 | 327.9 | 240.0 |
| Debt Metrics | |||||||||||||||||
| Total Debt | 6,814.6 | 6,930.7 | 6,213.2 | 5,117.8 | 4,900.5 | 3,578.6 | 2,203.5 | 1,519.9 | 992.1 | 670.3 | 155.8 | 8.0 | 8.0 | 7.2 | 35.2 | 15.2 | 214.5 |
| Net Debt | 5,912.5 | 6,065.4 | 4,866.9 | 3,784.3 | 3,110.8 | 2,599.7 | 1,198.7 | 719.1 | 291.2 | (133.3) | (477.0) | (522.6) | (408.8) | (336.1) | (47.5) | (70.9) | 198.3 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||
| Net Income | (1,229.5) | (447.5) | (554.1) | (472.6) | (428.7) | 335.3 | 155.7 | 415.5 | 263.5 | 317.2 | 225.5 | 176.9 | 108.5 | 76.4 | 72.5 | 83.7 | 33.3 |
| Depreciation & Amortization | 325.3 | 320.9 | 313.1 | 297.2 | 278.6 | 225.3 | 176.7 | 140.2 | 101.1 | 73.9 | 47.0 | 31.9 | 15.3 | 7.8 | 5.6 | 4.9 | 4.2 |
| Stock-Based Compensation | 7.2 | 12.0 | 11.5 | 12.5 | 11.6 | 8.2 | 11.0 | 8.5 | 7.1 | 9.2 | 8.8 | 5.7 | 4.3 | 0.5 | 0.6 | 0.1 | 0.0 |
| Change in Working Capital | (187.2) | (74.3) | (120.2) | 71.2 | (63.9) | (158.5) | 8.0 | (163.9) | (33.0) | (88.1) | (56.3) | (31.4) | (33.5) | 21.0 | (37.7) | (36.2) | (100.4) |
| Other Non-Cash Items | 384.3 | 61.5 | 409.3 | 350.0 | 23.3 | 25.5 | 108.7 | 25.4 | 47.7 | 5.1 | 2.8 | 0.2 | (10.2) | 21.3 | 38.8 | 16.5 | 11.0 |
| Operating Cash Flow | (758.1) | (246.7) | (89.0) | 208.9 | (225.3) | 551.3 | 506.5 | 425.2 | 471.8 | 473.0 | 261.8 | 195.4 | 113.6 | 171.2 | 27.0 | 69.1 | (51.9) |
| Investing Activities | |||||||||||||||||
| Capital Expenditure | (131.9) | (363.7) | (444.7) | (350.4) | (548.8) | (447.4) | (793.1) | (641.2) | (724.0) | (701.3) | (303.7) | (90.1) | (36.4) | (67.4) | (30.8) | (14.8) | (14.0) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (161.7) | (127.6) | (110.7) | (105.4) | (118.9) | (122.4) | (124.4) | (107.2) | (103.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 160.3 | 125.6 | 109.5 | 104.5 | 117.7 | 120.8 | 122.9 | 105.9 | 2.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 582.4 | 307.4 | 162.2 | (18.5) | (16.2) | (18.7) | 2.2 | (161.8) | (10.8) | (10.2) | (1.3) | 0 | 9.1 | 0.1 | 0.3 | 17.1 | 23.7 |
| Investing Cash Flow | 463.6 | (36.5) | (265.4) | (352.4) | (554) | (456.9) | (783.7) | (792.0) | (824.4) | (701.3) | (303.7) | (90.1) | (27.3) | (67.2) | (30.5) | 2.3 | 9.7 |
| Financing Activities | |||||||||||||||||
| Net Debt Issuance | 537.7 | 120.0 | 397.1 | (343.1) | 1,332.7 | (117.4) | 489.1 | 527.0 | 352.9 | 517.7 | 154.0 | 6.9 | 12.5 | (13.7) | 0 | (0.2) | 4.1 |
| Stock Repurchased | (0.7) | (2.6) | (2.4) | (1.5) | (1.7) | (5.4) | (1.2) | (46.6) | (102.5) | (112.3) | (1.6) | (1.1) | (1.0) | (0.9) | 0 | (0.0) | (0.0) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (156.8) | (315.3) | (3.5) | (319.7) | (36.4) | 2.7 | (6.8) | (13.7) | (0.5) | (6.3) | (8.3) | 2.8 | (24.3) | 0.4 | 0 | (1.2) | (0.3) |
| Financing Cash Flow | 380.3 | (198.0) | 391.3 | (288.7) | 1,661.4 | (120.2) | 481.1 | 466.7 | 249.9 | 399.1 | 144.0 | 8.5 | (12.8) | 156.6 | 0 | (1.5) | 3.8 |
| Cash Position | |||||||||||||||||
| Net Change in Cash | 85.8 | (481.1) | 36.8 | (432.2) | 882.2 | (25.8) | 203.9 | 99.9 | (102.7) | 170.8 | 102.2 | 113.8 | 73.5 | 260.6 | (3.4) | 69.9 | (38.4) |
| Cash at Beginning | 984.6 | 1,465.7 | 1,428.9 | 1,861.1 | 979.0 | 1,004.7 | 800.8 | 700.9 | 803.6 | 632.8 | 530.6 | 416.8 | 343.3 | 82.7 | 86.1 | 16.2 | 54.6 |
| Cash at End | 1,070.4 | 984.6 | 1,465.7 | 1,428.9 | 1,861.1 | 979.0 | 1,004.7 | 800.8 | 700.9 | 803.6 | 632.8 | 530.6 | 416.8 | 343.3 | 82.7 | 86.1 | 16.2 |
| Free Cash Flow | (890.0) | (610.3) | (533.7) | (141.5) | (774.1) | 103.9 | (286.7) | (215.9) | (252.2) | (228.3) | (41.9) | 105.3 | 77.2 | 103.8 | (3.8) | 54.3 | (65.9) |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||
| Revenue | 4,913.4 | 5,362.5 | 5,068.4 | 3,230.8 | 1,810.0 | 3,830.5 | 3,323.0 | 2,643.6 | 2,320.0 | 2,141.5 | 1,931.6 | 1,654.4 | 1,318.4 | 1,071.2 | 781.3 | 700.0 | 787.3 |
| Gross Profit | 209.2 | 590.9 | 756.6 | 232.1 | (368.0) | 1,164.3 | 966.0 | 862.9 | 846.9 | 805.5 | 583.4 | 495.1 | 351.1 | 290.3 | 194.5 | 359.4 | 315.0 |
| Operating Income | (1,105.4) | (495.8) | (598.9) | (56.9) | (507.8) | 501.0 | 350.9 | 384.8 | 441.5 | 509.1 | 355.3 | 282.3 | 174.0 | 144.4 | 68.9 | 111.4 | 18.3 |
| Net Income | (1,229.5) | (447.5) | (554.1) | (472.6) | (428.7) | 335.3 | 155.7 | 415.5 | 263.5 | 317.2 | 225.5 | 176.9 | 108.5 | 76.4 | 72.5 | 83.7 | 33.3 |
| EPS (Diluted) | -11.23 | -4.09 | -5.06 | -4.32 | -3.92 | – | – | – | – | – | – | – | – | – | – | – | – |
| Balance Sheet | |||||||||||||||||
| Cash & Equivalents | 902.1 | 865.2 | 1,346.3 | 1,333.5 | 1,789.7 | 979.0 | 1,004.7 | 800.8 | 700.9 | 803.6 | 632.8 | 530.6 | 416.8 | 343.3 | 82.7 | 86.1 | 16.2 |
| Total Assets | 9,595.2 | 9,417.2 | 9,184.8 | 8,540.0 | 8,398.8 | 7,043.4 | 5,165.5 | 4,145.8 | 3,151.9 | 2,530.5 | 1,592.8 | 1,180.8 | 919.9 | 745.8 | 475.8 | 327.9 | 240.0 |
| Total Debt | 6,814.6 | 6,930.7 | 6,213.2 | 5,117.8 | 4,900.5 | 3,578.6 | 2,203.5 | 1,519.9 | 992.1 | 670.3 | 155.8 | 8.0 | 8.0 | 7.2 | 35.2 | 15.2 | 214.5 |
| Stockholders' Equity | (80.1) | 1,134.3 | 1,571.7 | 2,114.0 | 2,249.7 | 2,261.3 | 1,928.5 | 1,762.6 | 1,394.6 | 1,225.3 | 1,003.1 | 769.1 | 582.5 | 466.7 | (105.1) | (178.1) | (261.9) |
| Cash Flow | |||||||||||||||||
| Operating Cash Flow | (758.1) | (246.7) | (89.0) | 208.9 | (225.3) | 551.3 | 506.5 | 425.2 | 471.8 | 473.0 | 261.8 | 195.4 | 113.6 | 171.2 | 27.0 | 69.1 | (51.9) |
| Capital Expenditure | (131.9) | (363.7) | (444.7) | (350.4) | (548.8) | (447.4) | (793.1) | (641.2) | (724.0) | (701.3) | (303.7) | (90.1) | (36.4) | (67.4) | (30.8) | (14.8) | (14.0) |
| Free Cash Flow | (890.0) | (610.3) | (533.7) | (141.5) | (774.1) | 103.9 | (286.7) | (215.9) | (252.2) | (228.3) | (41.9) | 105.3 | 77.2 | 103.8 | (3.8) | 54.3 | (65.9) |