Spirit Airlines, Inc. Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Spirit Airlines, Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Spirit Airlines, Inc. Operating Margin for the quarter ending June 30, 2024 was -14.9 %, a 89.2% decline year-over-year.
  • Spirit Airlines, Inc. annual Operating Margin for 2023 was -9.24 %, a 21.7% increase from 2022.
  • Spirit Airlines, Inc. annual Operating Margin for 2022 was -11.8 %, a 571% decline from 2021.
  • Spirit Airlines, Inc. annual Operating Margin for 2021 was -1.76 %, a 93.7% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -9.24 +2.57 +21.7% Jan 1, 2023 Dec 31, 2023
2022 -11.8 -10.1 -571% Jan 1, 2022 Dec 31, 2022
2021 -1.76 +26.3 +93.7% Jan 1, 2021 Dec 31, 2021
2020 -28.1 -41.1 -314% Jan 1, 2020 Dec 31, 2020
2019 13.1 +2.52 +23.9% Jan 1, 2019 Dec 31, 2019
2018 10.6 -4 -27.5% Jan 1, 2018 Dec 31, 2018
2017 14.6 -4.47 -23.5% Jan 1, 2017 Dec 31, 2017
2016 19 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.