Spirit Aviation Holdings, Inc.(FLYY)Earnings, Financials & Key Ratios
FLYY•AMEX
$0.38
·Price updated Apr 24, 2026
AboutSpirit Aviation Holdings, Inc. engages in providing passenger air transportation services. The company serves destinations throughout the United States, Latin America and the Caribbean with its all-Airbus Fit Fleet. The company was founded in 1964 and is based in Dania Beach, Florida.Show more
- Revenue$4.91B-8.4%
- EBITDA-$780M-346.1%
- Net Income-$1.23B-174.8%
- EPS (Diluted)-11.23-174.6%
- Gross Margin4.26%-61.4%
- EBITDA Margin-15.88%-386.8%
- Operating Margin-22.5%-143.3%
- Net Margin-25.02%-199.9%
- ROE-233.25%-605.3%
- ROIC-12.72%-133.3%
- Interest Coverage-5.92-46.4%
FLYY Key Insights
Spirit Aviation Holdings, Inc. (FLYY) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
No significant strengths identified
✗Weaknesses
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 18 (bottom 18%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
FLYY Price & Volume
Spirit Aviation Holdings, Inc. (FLYY) stock price & volume — 10-year historical chart
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FLYY Growth Metrics
Spirit Aviation Holdings, Inc. (FLYY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years9.79%
5 Years5.11%
3 Years15%
TTM-11.57%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-174.11%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years4.38%
5 Years-7.47%
3 Years-9.58%
Last Year-14.2%
FLYY Peer Comparison
Spirit Aviation Holdings, Inc. (FLYY) competitors in Commercial passenger airlines — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ULCC | 1.1B | 4.78 | -7.97 | -1.35% | -9.62% | -88.57% | 11.13 | |
 SKY | 4.2B | 75.92 | 22.20 | 22.65% | 8.1% | 13.41% | 0.08 | |
 AAL | 8.54B | 12.94 | 76.12 | 0.78% | 0.36% | |||
 UAL | 32.48B | 100.03 | 9.79 | 3.52% | 6.06% | 24.91% | 2.03 | |
 DAL | 47.89B | 73.32 | 9.57 | 2.79% | 7.9% | 24.12% | 1.02 | |
 LUV | 20.38B | 41.50 | 52.53 | 2.11% | 2.83% | 10.67% | 0.75 | |
 ALK | 4.64B | 40.51 | 46.56 | 21.34% | 0.7% | 2.43% | 1.67 | |
 BA | 181.25B | 229.93 | 92.71 | 34.49% | 2.46% | 289.7% | 9.97 |
Compare FLYY vs Peers
Spirit Aviation Holdings, Inc. (FLYY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FLYY Income Statement
Spirit Aviation Holdings, Inc. (FLYY) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.32B | 2.64B | 3.32B | 3.83B | 1.81B | 3.23B | 5.07B | 5.36B | 4.91B | 4.67B |
| Revenue Growth % | 8.34% | 13.95% | 25.7% | 15.27% | -52.75% | 78.49% | 56.88% | 5.8% | -8.38% | -11.57% |
| Cost of Goods Sold | 1.47B | 1.78B | 2.36B | 2.67B | 2.18B | 3B | 4.31B | 4.77B | 4.7B | 4.49B |
| COGS % of Revenue | 63.5% | 67.36% | 70.93% | 69.6% | 120.33% | 92.82% | 85.07% | 88.98% | 95.74% | - |
| Gross Profit | 846.92M▲ 0% | 862.91M▲ 1.9% | 965.95M▲ 11.9% | 1.16B▲ 20.5% | -368.01M▼ 131.6% | 232.06M▲ 163.1% | 756.65M▲ 226.1% | 590.87M▼ 21.9% | 209.21M▼ 64.6% | 177.89M▲ 0% |
| Gross Margin % | 36.5% | 32.64% | 29.07% | 30.4% | -20.33% | 7.18% | 14.93% | 11.02% | 4.26% | 3.81% |
| Gross Profit Growth % | 5.14% | 1.89% | 11.94% | 20.54% | -131.61% | 163.06% | 226.06% | -21.91% | -64.59% | - |
| Operating Expenses | 405.46M | 478.09M | 615.04M | 663.27M | 139.75M | 288.93M | 1.36B | 1.09B | 1.31B | 1.26B |
| OpEx % of Revenue | 17.48% | 18.09% | 18.51% | 17.32% | 7.72% | 8.94% | 26.75% | 20.26% | 26.76% | - |
| Selling, General & Admin | 96.89M | 113.47M | 137M | 153.77M | 85.06M | 132.5M | 177.56M | 190.89M | 197.2M | 199.16M |
| SG&A % of Revenue | 4.18% | 4.29% | 4.12% | 4.01% | 4.7% | 4.1% | 3.5% | 3.56% | 4.01% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 308.57M | 364.62M | 478.04M | 509.5M | 54.69M | 156.43M | 1.18B | 895.74M | 1.12B | 4M |
| Operating Income | 441.46M▲ 0% | 384.82M▼ 12.8% | 350.91M▼ 8.8% | 501.05M▲ 42.8% | -507.76M▼ 201.3% | -56.87M▲ 88.8% | -598.92M▼ 953.1% | -495.76M▲ 17.2% | -1.11B▼ 123.0% | -1.08B▲ 0% |
| Operating Margin % | 19.03% | 14.56% | 10.56% | 13.08% | -28.05% | -1.76% | -11.82% | -9.24% | -22.5% | -23.18% |
| Operating Income Growth % | -13.29% | -12.83% | -8.81% | 42.78% | -201.34% | 88.8% | -953.06% | 17.22% | -122.97% | - |
| EBITDA | 542.59M | 524.98M | 527.64M | 726.31M | -229.17M | 240.34M | -285.83M | -174.88M | -780.11M | -763.75M |
| EBITDA Margin % | 23.39% | 19.86% | 15.88% | 18.96% | -12.66% | 7.44% | -5.64% | -3.26% | -15.88% | -16.36% |
| EBITDA Growth % | -6.94% | -3.25% | 0.51% | 37.65% | -131.55% | 204.87% | -218.93% | 38.81% | -346.07% | -186.62% |
| D&A (Non-Cash Add-back) | 101.14M | 140.15M | 176.73M | 225.26M | 278.59M | 297.21M | 313.09M | 320.87M | 325.27M | 318.41M |
| EBIT | 446.21M | 393.19M | 278.91M | 525.3M | -501.66M | -399.23M | -599.95M | -436.09M | -1.1B | -1.19B |
| Net Interest Income | -23.67M | -34.77M | -54.83M | -63.75M | -112.21M | -131.24M | -97M | -74.18M | -152.68M | -175.87M |
| Interest Income | 5.28M | 8.74M | 19.11M | 25.13M | 6.31M | 5.37M | 20.15M | 65.42M | 48.32M | 41.88M |
| Interest Expense | 28.95M | 43.51M | 73.94M | 88.88M | 118.53M | 121.09M | 100.79M | 122.5M | 186.57M | 194.18M |
| Other Income/Expense | -24.2M | -35.14M | -145.94M | -64.62M | -112.42M | -463.45M | -101.82M | -62.84M | -184.32M | -300.3M |
| Pretax Income | 417.26M▲ 0% | 349.69M▼ 16.2% | 204.98M▼ 41.4% | 436.43M▲ 112.9% | -620.18M▼ 242.1% | -520.32M▲ 16.1% | -700.74M▼ 34.7% | -558.6M▲ 20.3% | -1.29B▼ 130.9% | -1.38B▲ 0% |
| Pretax Margin % | 17.99% | 13.23% | 6.17% | 11.39% | -34.26% | -16.11% | -13.83% | -10.42% | -26.25% | -29.62% |
| Income Tax | 153.77M | -65.84M | 49.23M | 101.17M | -191.48M | -47.75M | -146.59M | -111.13M | -60.21M | -49.77M |
| Effective Tax Rate % | 36.85% | -18.83% | 24.02% | 23.18% | 30.88% | 9.18% | 20.92% | 19.89% | 4.67% | 3.6% |
| Net Income | 263.48M▲ 0% | 415.52M▲ 57.7% | 155.75M▼ 62.5% | 335.25M▲ 115.3% | -428.7M▼ 227.9% | -472.57M▼ 10.2% | -554.15M▼ 17.3% | -447.46M▲ 19.3% | -1.23B▼ 174.8% | -1.33B▲ 0% |
| Net Margin % | 11.36% | 15.72% | 4.69% | 8.75% | -23.68% | -14.63% | -10.93% | -8.34% | -25.02% | -28.55% |
| Net Income Growth % | -16.94% | 57.7% | -62.52% | 115.25% | -227.87% | -10.23% | -17.26% | 19.25% | -174.77% | -174.11% |
| Net Income (Continuing) | 263.48M | 415.52M | 155.75M | 335.25M | -428.7M | -472.57M | -554.15M | -447.46M | -1.23B | -1.33B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.00▲ 0% | 0.00▲ 0% | 0.00▲ 0% | 0.00▲ 0% | -3.92▲ 0% | -4.32▼ 10.2% | -5.06▼ 17.1% | -4.09▲ 19.2% | -11.23▼ 174.6% | -39.23▲ 0% |
| EPS Growth % | - | - | - | - | - | -10.2% | -17.13% | 19.17% | -174.57% | - |
| EPS (Basic) | 0.00 | 0.00 | 0.00 | 0.00 | -3.92 | -4.32 | -5.06 | -4.09 | -11.23 | - |
| Diluted Shares Outstanding | 0 | 0 | 0 | 0 | 109.5M | 109.5M | 109.5M | 109.5M | 109.5M | 33.97M |
| Basic Shares Outstanding | 0 | 0 | 0 | 0 | 109.5M | 109.5M | 109.5M | 109.5M | 109.5M | 33.97M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
FLYY Balance Sheet
Spirit Aviation Holdings, Inc. (FLYY) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 975.85M | 1.28B | 1.35B | 1.39B | 2.36B | 1.84B | 1.99B | 1.51B | 2.11B | 1.48B |
| Cash & Short-Term Investments | 801.05M | 901.79M | 1.11B | 1.08B | 1.9B | 1.44B | 1.45B | 977.71M | 1.02B | 407.51M |
| Cash Only | 700.9M | 800.85M | 1B | 978.96M | 1.79B | 1.33B | 1.35B | 865.21M | 902.06M | 407.51M |
| Short-Term Investments | 100.16M | 100.94M | 102.79M | 105.32M | 106.34M | 106.31M | 107.11M | 112.5M | 118.33M | 0 |
| Accounts Receivable | 41.14M | 119.17M | 47.66M | 94.82M | 190.4M | 166.72M | 233.54M | 205.47M | 178.96M | 219.41M |
| Days Sales Outstanding | 6.47 | 16.45 | 5.23 | 9.04 | 38.4 | 18.84 | 16.82 | 13.99 | 13.29 | 16.52 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 71.4M | 95.4M | 119.39M | 328.95M | 909.78M | 854.29M |
| Total Non-Current Assets | 2.18B | 2.86B | 3.82B | 5.66B | 6.04B | 6.7B | 7.19B | 7.91B | 7.49B | 7.1B |
| Property, Plant & Equipment | 1.99B | 2.64B | 3.49B | 5.26B | 5.66B | 6.29B | 6.94B | 7.56B | 7.19B | 6.82B |
| Fixed Asset Turnover | 1.17x | 1.00x | 0.95x | 0.73x | 0.32x | 0.51x | 0.73x | 0.71x | 0.68x | 0.63x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83.48M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 185.76M | 220.92M | 328.47M | 398.5M | 384.03M | 405.6M | 254.17M | 344.24M | 296.05M | 1.16B |
| Total Assets | 3.15B▲ 0% | 4.15B▲ 31.5% | 5.17B▲ 24.6% | 7.04B▲ 36.4% | 8.4B▲ 19.2% | 8.54B▲ 1.7% | 9.18B▲ 7.5% | 9.42B▲ 2.5% | 9.6B▲ 1.9% | 8.58B▲ 0% |
| Asset Turnover | 0.74x | 0.64x | 0.64x | 0.54x | 0.22x | 0.38x | 0.55x | 0.57x | 0.51x | 0.50x |
| Asset Growth % | 24.56% | 31.53% | 24.59% | 36.36% | 19.24% | 1.68% | 7.55% | 2.53% | 1.89% | -4.99% |
| Total Current Liabilities | 531.95M | 664.33M | 834.53M | 1.11B | 1.34B | 1.28B | 1.6B | 1.67B | 1.77B | 1.45B |
| Accounts Payable | 15.19M | 22.82M | 39.32M | 43.6M | 28.45M | 44.95M | 75.45M | 42.1M | 32.38M | 147.68M |
| Days Payables Outstanding | 3.76 | 4.68 | 6.09 | 5.97 | 4.77 | 5.47 | 6.39 | 3.22 | 2.51 | 6.09 |
| Short-Term Debt | 84.35M | 115.43M | 163.56M | 258.85M | 384.2M | 208.95M | 346.89M | 315.58M | 436.53M | 121.19M |
| Deferred Revenue (Current) | 206.39M | 263.71M | 291.98M | 315.41M | 401.97M | 382.32M | 429.62M | 383.75M | 436.81M | 1.8B |
| Other Current Liabilities | 21.44M | 23.12M | 25.74M | 34.71M | 31.47M | 32.82M | 29.19M | 104.05M | 47.51M | 34.03M |
| Current Ratio | 1.83x | 1.93x | 1.61x | 1.25x | 1.76x | 1.44x | 1.25x | 0.90x | 1.19x | 1.19x |
| Quick Ratio | 1.83x | 1.93x | 1.61x | 1.25x | 1.76x | 1.44x | 1.25x | 0.90x | 1.19x | 1.19x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | 10.43 |
| Total Non-Current Liabilities | 1.23B | 1.72B | 2.4B | 3.67B | 4.81B | 5.15B | 6.02B | 6.61B | 7.91B | 6.64B |
| Long-Term Debt | 897.36M | 1.39B | 2.02B | 1.96B | 3.07B | 2.98B | 3.2B | 3.06B | 1.76B | 2.24B |
| Capital Lease Obligations | 0 | 0 | 0 | 1.22B | 1.25B | 1.75B | 2.46B | 3.3B | 4.34B | 16.73B |
| Deferred Tax Liabilities | 308.14M | 308.81M | 355.14M | 469.29M | 439.89M | 375.47M | 226.84M | 107.76M | 51.93M | 284.77M |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.76B | 2.11B |
| Total Liabilities | 1.76B | 2.38B | 3.24B | 4.78B | 6.15B | 6.43B | 7.61B | 8.28B | 9.68B | 8.1B |
| Total Debt | 992.09M | 1.52B | 2.2B | 3.58B | 4.9B | 5.12B | 6.21B | 6.93B | 6.81B | 6.86B |
| Net Debt | 291.19M | 719.07M | 1.2B | 2.6B | 3.11B | 3.78B | 4.87B | 6.07B | 5.91B | 6.45B |
| Debt / Equity | 0.71x | 0.86x | 1.14x | 1.58x | 2.18x | 2.42x | 3.95x | 6.11x | - | 14.31x |
| Debt / EBITDA | 1.83x | 2.90x | 4.18x | 4.93x | - | 21.29x | - | - | - | -8.98x |
| Net Debt / EBITDA | 0.54x | 1.37x | 2.27x | 3.58x | - | 15.75x | - | - | - | -8.45x |
| Interest Coverage | 15.25x | 8.84x | 4.75x | 5.64x | -4.28x | -0.47x | -5.94x | -4.05x | -5.92x | -6.12x |
| Total Equity | 1.39B▲ 0% | 1.76B▲ 26.4% | 1.93B▲ 9.4% | 2.26B▲ 17.3% | 2.25B▼ 0.5% | 2.11B▼ 6.0% | 1.57B▼ 25.7% | 1.13B▼ 27.8% | -80.13M▼ 107.1% | 479.44M▲ 0% |
| Equity Growth % | 13.82% | 26.38% | 9.41% | 17.26% | -0.51% | -6.03% | -25.66% | -27.82% | -107.06% | -254.53% |
| Book Value per Share | - | - | - | - | 20.55 | 19.31 | 14.35 | 10.36 | -0.73 | 14.11 |
| Total Shareholders' Equity | 1.39B | 1.76B | 1.93B | 2.26B | 2.25B | 2.11B | 1.57B | 1.13B | -80.13M | 479.44M |
| Common Stock | 7K | 7K | 7K | 7K | 10K | 11K | 11K | 11K | 11K | 2K |
| Retained Earnings | 1.06B | 1.47B | 1.63B | 1.96B | 1.52B | 1.06B | 504.22M | 56.76M | -1.17B | -256.77M |
| Treasury Stock | -218.69M | -65.85M | -67.02M | -72.45M | -74.12M | -75.64M | -78M | -80.64M | -81.28M | 0 |
| Accumulated OCI | -1.34M | -1.46M | -1.19M | -787K | -618K | -532K | -596K | -67K | 188K | -2K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
FLYY Cash Flow Statement
Spirit Aviation Holdings, Inc. (FLYY) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 471.76M | 425.24M | 506.46M | 551.32M | -225.27M | 208.89M | -89.02M | -246.66M | -758.09M | -758.09M |
| Operating CF Margin % | 20.33% | 16.09% | 15.24% | 14.39% | -12.45% | 6.47% | -1.76% | -4.6% | -15.43% | - |
| Operating CF Growth % | -0.26% | -9.86% | 19.1% | 8.86% | -140.86% | 192.73% | -142.62% | -177.08% | -207.34% | -1364.21% |
| Net Income | 263.48M | 415.52M | 155.75M | 335.25M | -428.7M | -472.57M | -554.15M | -447.46M | -1.23B | -1.33B |
| Depreciation & Amortization | 101.14M | 140.15M | 176.73M | 225.26M | 278.59M | 297.21M | 313.09M | 320.87M | 325.27M | 318.41M |
| Stock-Based Compensation | 7.11M | 8.52M | 11.02M | 8.15M | 11.57M | 12.54M | 11.48M | 11.96M | 7.21M | 5.97M |
| Deferred Taxes | 85.34M | -492K | 46.3M | 115.69M | -46.09M | -49.5M | -148.61M | -119.24M | -58.22M | -47.86M |
| Other Non-Cash Items | 47.75M | 25.4M | 108.69M | 25.5M | 23.27M | 350M | 409.32M | 61.49M | 384.35M | 390.75M |
| Working Capital Changes | -33.05M | -163.87M | 7.98M | -158.54M | -63.93M | 71.21M | -120.16M | -74.28M | -187.21M | -194.42M |
| Change in Receivables | -12.95M | -77.98M | 71.52M | -47.16M | -95.96M | 23.77M | -66.71M | 27.91M | 26.7M | 16.8M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -6.82M | 6.03M | 15.32M | 569K | -17.05M | 13.06M | 9.03M | -34.05M | -40.12M | 22.16M |
| Cash from Investing | -824.36M | -792M | -783.71M | -456.93M | -554M | -352.44M | -265.44M | -36.51M | 463.6M | 485.23M |
| Capital Expenditures | -713.16M | -628.88M | -784.39M | -436.64M | -536.6M | -333.12M | -426.49M | -341.81M | -117.43M | -69.99M |
| CapEx % of Revenue | 30.74% | 23.79% | 23.6% | 11.4% | 29.65% | 10.31% | 8.41% | 6.37% | 2.39% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -10.78M | -161.78M | 2.17M | -18.71M | -16.18M | -18.46M | 162.24M | 307.36M | 582.42M | 436.1M |
| Cash from Financing | 249.86M | 466.71M | 481.13M | -120.17M | 1.66B | -288.66M | 391.3M | -197.96M | 380.32M | 551.99M |
| Debt Issued (Net) | 352.85M | 526.99M | 489.1M | -117.44M | 1.33B | -343.12M | 397.13M | 119.98M | 537.74M | 714.99M |
| Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | -1000K | -650K | -14K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -102.51M | -46.58M | -1.16M | -5.44M | -1.67M | -1.51M | -2.36M | -2.64M | -650K | -14K |
| Other Financing | -485K | -13.7M | -6.81M | 2.71M | -36.36M | -319.68M | -3.47M | -315.3M | -156.77M | -162.98M |
| Net Change in Cash | -102.73M▲ 0% | 99.95M▲ 197.3% | 203.88M▲ 104.0% | -25.78M▼ 112.6% | 882.17M▲ 3522.4% | -432.22M▼ 149.0% | 36.84M▲ 108.5% | -481.13M▼ 1406.2% | 85.84M▲ 117.8% | 166.45M▲ 0% |
| Free Cash Flow | -252.22M▲ 0% | -215.95M▲ 14.4% | -286.66M▼ 32.7% | 103.91M▲ 136.2% | -774.1M▼ 845.0% | -141.49M▲ 81.7% | -533.68M▼ 277.2% | -610.33M▼ 14.4% | -889.99M▼ 45.8% | -949.77M▲ 0% |
| FCF Margin % | -10.87% | -8.17% | -8.63% | 2.71% | -42.77% | -4.38% | -10.53% | -11.38% | -18.11% | -20.35% |
| FCF Growth % | -10.48% | 14.38% | -32.75% | 136.25% | -844.99% | 81.72% | -277.19% | -14.36% | -45.82% | -9.51% |
| FCF per Share | - | - | - | - | -7.07 | -1.29 | -4.87 | -5.57 | -8.13 | -8.13 |
| FCF Conversion (FCF/Net Income) | 1.79x | 1.02x | 3.25x | 1.64x | 0.53x | -0.44x | 0.16x | 0.55x | 0.62x | 0.71x |
| Interest Paid | 39.96M | 37.9M | 65.12M | 80.25M | 80.84M | 135.5M | 107.44M | 138.38M | 176.19M | 158.14M |
| Taxes Paid | 0 | 5.83M | 0 | 5.84M | 17.79M | 112.46M | 82K | 0 | 3.55M | 4.95M |
FLYY Key Ratios
Spirit Aviation Holdings, Inc. (FLYY) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 20.11% | 26.32% | 8.44% | 16% | -19.01% | -21.66% | -30.07% | -33.07% | -233.25% | -277.97% |
| Return on Invested Capital (ROIC) | 23.84% | 13.85% | 9.38% | 9.41% | -7.45% | -0.76% | -7.28% | -5.45% | -12.72% | -12.72% |
| Gross Margin | 36.5% | 32.64% | 29.07% | 30.4% | -20.33% | 7.18% | 14.93% | 11.02% | 4.26% | 3.81% |
| Net Margin | 11.36% | 15.72% | 4.69% | 8.75% | -23.68% | -14.63% | -10.93% | -8.34% | -25.02% | -28.55% |
| Debt / Equity | 0.71x | 0.86x | 1.14x | 1.58x | 2.18x | 2.42x | 3.95x | 6.11x | - | 14.31x |
| Interest Coverage | 15.25x | 8.84x | 4.75x | 5.64x | -4.28x | -0.47x | -5.94x | -4.05x | -5.92x | -6.12x |
| FCF Conversion | 1.79x | 1.02x | 3.25x | 1.64x | 0.53x | -0.44x | 0.16x | 0.55x | 0.62x | 0.71x |
| Revenue Growth | 8.34% | 13.95% | 25.7% | 15.27% | -52.75% | 78.49% | 56.88% | 5.8% | -8.38% | -11.57% |
FLYY Frequently Asked Questions
Spirit Aviation Holdings, Inc. (FLYY) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Spirit Aviation Holdings, Inc. (FLYY) reported $4.67B in revenue for fiscal year 2024. This represents a 493% increase from $787.3M in 2008.
Spirit Aviation Holdings, Inc. (FLYY) saw revenue decline by 8.4% over the past year.
Spirit Aviation Holdings, Inc. (FLYY) reported a net loss of $1.33B for fiscal year 2024.
Dividend & Returns
Spirit Aviation Holdings, Inc. (FLYY) has a return on equity (ROE) of -233.3%. Negative ROE indicates the company is unprofitable.
Spirit Aviation Holdings, Inc. (FLYY) had negative free cash flow of $949.8M in fiscal year 2024, likely due to heavy capital investments.
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Spirit Aviation Holdings, Inc. (FLYY) financial analysis — history, returns, DCA and operating performance tools
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