Allegiant Travel Company (ALGT) 10-Year Financial Performance & Capital Metrics

ALGT • • Industrial / General

IndustrialsAirlines & AirportsLow-Cost & Ultra-Low-Cost CarriersUS Low-Cost Carriers

AboutAllegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 14, 2022, it operated a fleet of 110 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including baggage fees, advance seat assignments, travel protection products, priority boarding, a customer convenience fee, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms and ground transportation, such as rental cars and hotel shuttle products; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company operates a golf course. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.Show more

Revenue $2.51B +0.1%
EBITDA $18M -95.9%
Net Income -$240M -304.3%
EPS (Diluted) -13.49 -314.5%
Gross Margin 62.38% +135.7%
EBITDA Margin 0.73% -95.9%
Operating Margin -9.55% -208.5%
Net Margin -9.56% -304.1%
ROE -19.87% -315.4%
ROIC -5.56% -213.1%
Debt/Equity 1.97 +10.9%
Interest Coverage -2.16 -205.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 88 (top 12%)
✓Trading at only 1.5x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y8.25%

5Y6.42%

3Y13.73%

TTM3.29%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-1027.93%

EPS CAGR

10Y-

5Y-

3Y-

TTM-986.67%

ROCE

10Y Avg11.87%

5Y Avg-0.13%

3Y Avg0.59%

Latest-6.87%

Peer Comparison

US Low-Cost Carriers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LUVSouthwest Airlines Co.	22.29B	43.10	57.47	5.34%	1.38%	4.87%		0.78
SNCYSun Country Airlines Holdings, Inc.	925.67M	17.56	18.29	2.49%	5.25%	9.52%	12.7%	1.09
ULCCFrontier Group Holdings, Inc.	1.16B	5.08	13.37	5.18%	-3.65%	-31.34%		7.40
FLYYSpirit Aviation Holdings, Inc.		0.38	-0.03	-8.38%	-28.55%	-277.97%
JBLUJetBlue Airways Corporation	1.81B	4.98	-2.17	-3.49%	-5.16%	-20.66%		3.46
ALGTAllegiant Travel Company	1.63B	88.87	-6.59	0.11%	-11.36%	-28.84%	2.35%	1.97

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.26B	1.36B	1.5B	1.67B	1.84B	990.07M	1.71B	2.3B	2.51B	2.51B
Revenue Growth %	0.11%	0.08%	0.1%	0.11%	0.1%	-0.46%	0.73%	0.35%	0.09%	0%
Cost of Goods Sold+	803.49M	890.57M	1.1B	1.25B	1.3B	994.41M	1.48B	1.96B	1.85B	945.27M
COGS % of Revenue	0.64%	0.65%	0.73%	0.75%	0.7%	1%	0.86%	0.85%	0.74%	0.38%
Gross Profit+	458.7M	472.26M	407.97M	417.49M	543.71M	-4.34M	231.54M	340.47M	664.37M	1.57B
Gross Margin %	0.36%	0.35%	0.27%	0.25%	0.3%	-0%	0.14%	0.15%	0.26%	0.62%
Gross Profit Growth %	0.61%	0.03%	-0.14%	0.02%	0.3%	-1.01%	54.35%	0.47%	0.95%	1.36%
Operating Expenses+	87M	101.7M	145.55M	174.03M	179.75M	276.64M	-31.54M	248.82M	443.39M	1.81B
OpEx % of Revenue	0.07%	0.07%	0.1%	0.1%	0.1%	0.28%	-0.02%	0.11%	0.18%	0.72%
Selling, General & Admin	21.35M	20.53M	52.71M	73.51M	78.91M	43.52M	72.74M	100.68M	114.62M	106.34M
SG&A % of Revenue	0.02%	0.02%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.05%	0.04%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	136K	1.23M	1.56M	395K	100.84M	233.13M	-104.28M	148.14M	328.78M	1.7B
Operating Income+	371.7M	370.56M	227.17M	243.46M	363.95M	-280.99M	263.07M	91.65M	220.98M	-239.98M
Operating Margin %	0.29%	0.27%	0.15%	0.15%	0.2%	-0.28%	0.15%	0.04%	0.09%	-0.1%
Operating Income Growth %	1.36%	-0%	-0.39%	0.07%	0.49%	-1.77%	1.94%	-0.65%	1.41%	-2.09%
EBITDA+	469.8M	475.77M	348.88M	372.81M	519.8M	-104.72M	444.11M	289.19M	444.11M	18.27M
EBITDA Margin %	0.37%	0.35%	0.23%	0.22%	0.28%	-0.11%	0.26%	0.13%	0.18%	0.01%
EBITDA Growth %	0.95%	0.01%	-0.27%	0.07%	0.39%	-1.2%	5.24%	-0.35%	0.54%	-0.96%
D&A (Non-Cash Add-back)	98.1M	105.22M	121.71M	129.35M	155.85M	176.27M	181.03M	197.54M	223.13M	258.25M
EBIT	373.23M	376.8M	238M	253.08M	378.05M	-303.42M	265.09M	108.02M	267.11M	-197.39M
Net Interest Income+	-25.06M	-25.83M	-33.18M	-44.54M	-64.28M	-52.14M	-66.66M	-86.6M	-61.44M	-67.05M
Interest Income	1.39M	3.01M	5.81M	9.23M	12.52M	5.51M	1.81M	16.47M	46.62M	44.01M
Interest Expense	26.51M	28.84M	38.99M	53.76M	76.8M	57.65M	68.47M	103.07M	108.05M	111.06M
Other Income/Expense	-24.98M	-24.6M	-31.62M	-44.14M	-62.7M	-80.08M	-66.45M	-86.69M	-61.93M	-68.47M
Pretax Income+	346.72M	345.96M	195.55M	199.32M	301.25M	-361.07M	196.62M	4.95M	159.05M	-308.45M
Pretax Margin %	0.27%	0.25%	0.13%	0.12%	0.16%	-0.36%	0.12%	0%	0.06%	-0.12%
Income Tax+	126.39M	126.37M	644K	37.52M	69.13M	-176.97M	44.77M	2.46M	41.45M	-68.21M
Effective Tax Rate %	0.64%	0.63%	1%	0.81%	0.77%	0.51%	0.77%	0.5%	0.74%	0.78%
Net Income+	220.37M	219.59M	194.9M	161.8M	232.12M	-184.09M	151.85M	2.49M	117.6M	-240.24M
Net Margin %	0.17%	0.16%	0.13%	0.1%	0.13%	-0.19%	0.09%	0%	0.05%	-0.1%
Net Income Growth %	1.54%	-0%	-0.11%	-0.17%	0.43%	-1.79%	1.82%	-0.98%	46.17%	-3.04%
Net Income (Continuing)	220.33M	220.87M	198.15M	161.8M	232.12M	-184.09M	151.85M	2.49M	117.6M	-240.24M
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)+	12.94	13.29	12.13	10.13	14.26	-11.53	8.68	0.14	6.29	-13.49
EPS Growth %	1.66%	0.03%	-0.09%	-0.16%	0.41%	-1.81%	1.75%	-0.98%	43.93%	-3.14%
EPS (Basic)	12.97	13.31	12.14	10.15	14.27	-11.53	8.69	0.14	6.32	-13.49
Diluted Shares Outstanding	16.96M	16.49M	16.09M	15.97M	16.04M	15.99M	17.23M	18.03M	18.02M	17.85M
Basic Shares Outstanding	16.92M	16.46M	16.07M	15.94M	16.03M	15.99M	17.21M	17.96M	17.95M	17.85M
Dividend Payout Ratio	0.28%	0.31%	0.23%	0.28%	0.2%	-	-	-	0.19%	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	401.91M	422.05M	541.27M	495.25M	562.22M	943.63M	1.34B	1.27B	1B	991.61M
Cash & Short-Term Investments	332.69M	333.98M	412.13M	396M	472.71M	685.24M	1.22B	955.05M	831M	797.55M
Cash Only	87.11M	64.71M	59.45M	81.5M	136.78M	152.76M	400.7M	229.99M	159.58M	302.32M
Short-Term Investments	245.58M	269.27M	352.68M	314.5M	335.93M	532.48M	819.48M	725.06M	671.41M	495.23M
Accounts Receivable	21.82M	40.67M	71.06M	36.01M	25.52M	192.22M	62.66M	106.58M	70.74M	90.41M
Days Sales Outstanding	6.31	10.89	17.25	7.88	5.06	70.86	13.39	16.9	10.29	13.13
Inventory	15.58M	16.8M	17.65M	19.52M	28.38M	24.01M	27.5M	35.55M	36.34M	36.07M
Days Inventory Outstanding	7.08	6.88	5.88	5.7	7.98	8.81	6.8	6.61	7.19	13.93
Other Current Assets	13.54M	14.33M	16.51M	14.61M	1.01M	17.55M	28.07M	177.09M	63.05M	67.58M
Total Non-Current Assets+	956.42M	1.25B	1.64B	2B	2.45B	2.32B	2.67B	3.24B	3.92B	3.56B
Property, Plant & Equipment	885.94M	1.1B	1.51B	1.85B	2.26B	2.17B	2.39B	2.92B	3.53B	3.15B
Fixed Asset Turnover	1.42x	1.24x	0.99x	0.90x	0.81x	0.46x	0.71x	0.79x	0.71x	0.80x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	64.75M	124.83M	78.57M	51.53M	26.94M	0	14.63M	63.32M	73M	66.83M
Other Non-Current Assets	5.72M	29.37M	47.9M	104.63M	162.75M	149.07M	248.44M	251.34M	251.72M	220.26M
Total Assets+	1.35B	1.67B	2.18B	2.5B	3.01B	3.26B	4.01B	4.51B	4.92B	4.55B
Asset Turnover	0.93x	0.82x	0.69x	0.67x	0.61x	0.30x	0.43x	0.51x	0.51x	0.55x
Asset Growth %	0.09%	0.24%	0.3%	0.15%	0.2%	0.08%	0.23%	0.12%	0.09%	-0.08%
Total Current Liabilities+	395.14M	392.9M	544.29M	514M	612.58M	689.35M	663.04M	869.83M	1.2B	1.28B
Accounts Payable	6.8M	16.01M	20.11M	27.45M	27.67M	34.2M	43.57M	58.34M	54.48M	62.09M
Days Payables Outstanding	3.09	6.56	6.7	8.02	7.78	12.55	10.77	10.86	10.78	23.98
Short-Term Debt	74.07M	86.23M	214.76M	152.29M	175.94M	217.23M	149.13M	152.9M	460.81M	475.48M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	-1.42M	0	0	9.63M	114.59M	0	106.79M	0	292.33M	327.4M
Current Ratio	1.02x	1.07x	0.99x	0.96x	0.92x	1.37x	2.02x	1.46x	0.83x	0.78x
Quick Ratio	0.98x	1.03x	0.96x	0.93x	0.87x	1.33x	1.98x	1.42x	0.80x	0.75x
Cash Conversion Cycle	10.3	11.21	16.43	5.57	5.26	67.12	9.42	12.66	6.7	3.09
Total Non-Current Liabilities+	613.19M	805.06M	1.08B	1.29B	1.51B	1.87B	2.12B	2.42B	2.39B	2.18B
Long-Term Debt	567.61M	722.05M	950.13M	1.12B	1.14B	1.44B	1.31B	1.94B	1.39B	1.21B
Capital Lease Obligations	0	0	0	0	129.22M	102.29M	416.6M	94.97M	512.31M	465.45M
Deferred Tax Liabilities	45.58M	75.34M	118.49M	164.03M	232.52M	301.76M	365.22M	346.39M	448.74M	432.83M
Other Non-Current Liabilities	0	7.67M	13.41M	10.88M	12.28M	24.39M	8.08M	11.72M	9.45M	34.14M
Total Liabilities	1.01B	1.2B	1.63B	1.81B	2.13B	2.56B	2.79B	3.29B	3.59B	3.46B
Total Debt+	641.68M	808.27M	1.16B	1.27B	1.45B	1.78B	1.88B	2.21B	2.36B	2.15B
Net Debt	554.57M	743.56M	1.11B	1.19B	1.31B	1.62B	1.48B	1.98B	2.2B	1.85B
Debt / Equity	1.83x	1.71x	2.11x	1.84x	1.64x	2.54x	1.53x	1.81x	1.78x	1.97x
Debt / EBITDA	1.37x	1.70x	3.34x	3.41x	2.78x	-	4.23x	7.65x	5.32x	117.63x
Net Debt / EBITDA	1.18x	1.56x	3.17x	3.19x	2.52x	-	3.32x	6.85x	4.96x	101.08x
Interest Coverage	14.02x	12.85x	5.83x	4.53x	4.74x	-4.87x	3.84x	0.89x	2.05x	-2.16x
Total Equity+	350M	473.62M	553.31M	690.3M	883.55M	699.36M	1.22B	1.22B	1.33B	1.09B
Equity Growth %	0.19%	0.35%	0.17%	0.25%	0.28%	-0.21%	0.75%	-0%	0.09%	-0.18%
Book Value per Share	20.63	28.72	34.38	43.23	55.08	43.73	71.01	67.69	73.73	61.02
Total Shareholders' Equity	350M	473.62M	553.31M	690.3M	883.55M	699.36M	1.22B	1.22B	1.33B	1.09B
Common Stock	22K	22K	23K	23K	23K	23K	25K	25K	26K	26K
Retained Earnings	573.62M	753.4M	902.58M	1.03B	1.21B	1.02B	1.17B	1.17B	1.27B	1B
Treasury Stock	-453.42M	-517.8M	-605.65M	-605.04M	-617.58M	-646.01M	-638.06M	-660.02M	-681.93M	-678.43M
Accumulated OCI	834K	-230K	-2.84M	-661K	98K	-27K	2.06M	1.26M	3.99M	3.95M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	365.37M	346.86M	391.13M	356.5M	440.6M	234.5M	538.19M	303.05M	423.09M	338.46M
Operating CF Margin %	0.29%	0.25%	0.26%	0.21%	0.24%	0.24%	0.32%	0.13%	0.17%	0.13%
Operating CF Growth %	0.35%	-0.05%	0.13%	-0.09%	0.24%	-0.47%	1.3%	-0.44%	0.4%	-0.2%
Net Income	220.33M	219.59M	194.9M	161.8M	232.12M	-184.09M	151.85M	2.49M	117.6M	-240.24M
Depreciation & Amortization	98.1M	105.22M	121.71M	129.35M	155.85M	176.27M	181.03M	197.54M	223.13M	258.25M
Stock-Based Compensation	10.47M	9.39M	13.86M	15.1M	18.23M	19.29M	16.13M	15.2M	29.75M	22.57M
Deferred Taxes	8.98M	29.85M	42.47M	38.22M	68.47M	69.34M	43.76M	2.18M	38.21M	-69.01M
Other Non-Cash Items	3.47M	9.27M	50.52M	6.79M	-4.56M	309.99M	25.72M	48.51M	16.82M	307.76M
Working Capital Changes	24.02M	-26.45M	-32.33M	5.24M	-29.5M	-156.3M	119.69M	37.13M	-2.42M	59.13M
Change in Receivables	-930K	-18.2M	-30.57M	35.62M	10.5M	4.39M	128.91M	-33.89M	33.32M	-1.25M
Change in Inventory	32.76M	5.46M	17.78M	14.74M	53.57M	-123.19M	0	0	0	0
Change in Payables	-6.43M	9.21M	4.8M	8.63M	-2.1M	7.02M	10.4M	14.77M	-5.03M	8.74M
Cash from Investing+	-234.22M	-401.84M	-618.52M	-268.98M	-476.46M	-365.69M	-593.28M	-491.42M	-721.88M	5.58M
Capital Expenditures	-252.69M	-199.74M	-568.44M	-334.8M	-505.2M	-280.2M	-243.61M	-434.69M	-870.49M	-300.15M
CapEx % of Revenue	0.2%	0.15%	0.38%	0.2%	0.27%	0.28%	0.14%	0.19%	0.35%	0.12%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	2.2M	-118.64M	-6.7M	677K	11.81M	9.89M	-56.06M	-90.75M	62.69M	109.19M
Cash from Financing+	-133.65M	32.58M	222.13M	-62.36M	75.13M	164.6M	285.47M	33.12M	212.92M	-201.3M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-62.44M	-67.54M	-45.72M	-45.25M	-45.55M	-11.36M	0	0	-22.14M	-21.93M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	5.18M	-594K	-379K	7.54M	-29.93M	-484K	-30.23M	-99.01M	103.38M	25.2M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	112.68M	147.12M	-177.31M	21.7M	-64.6M	-45.7M	294.58M	-131.64M	-447.39M	38.3M
FCF Margin %	0.09%	0.11%	-0.12%	0.01%	-0.04%	-0.05%	0.17%	-0.06%	-0.18%	0.02%
FCF Growth %	12.69%	0.31%	-2.21%	1.12%	-3.98%	0.29%	7.45%	-1.45%	-2.4%	1.09%
FCF per Share	6.64	8.92	-11.02	1.36	-4.03	-2.86	17.10	-7.30	-24.83	2.15
FCF Conversion (FCF/Net Income)	1.66x	1.58x	2.01x	2.20x	1.90x	-1.27x	3.54x	121.56x	3.60x	-1.41x
Interest Paid	26.31M	26.45M	0	0	0	0	43.51M	82.9M	111.91M	107.38M
Taxes Paid	111.4M	110.61M	0	0	0	0	0	308K	1.01M	8.74M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	68.43%	53.32%	37.96%	26.02%	29.5%	-23.26%	15.79%	0.2%	9.23%	-19.87%
Return on Invested Capital (ROIC)	32.84%	26.2%	11.85%	10.32%	13.4%	-9.34%	7.86%	2.33%	4.92%	-5.56%
Gross Margin	36.34%	34.65%	27.13%	25.04%	29.53%	-0.44%	13.56%	14.79%	26.47%	62.38%
Net Margin	17.46%	16.11%	12.96%	9.7%	12.61%	-18.59%	8.89%	0.11%	4.69%	-9.56%
Debt / Equity	1.83x	1.71x	2.11x	1.84x	1.64x	2.54x	1.53x	1.81x	1.78x	1.97x
Interest Coverage	14.02x	12.85x	5.83x	4.53x	4.74x	-4.87x	3.84x	0.89x	2.05x	-2.16x
FCF Conversion	1.66x	1.58x	2.01x	2.20x	1.90x	-1.27x	3.54x	121.56x	3.60x	-1.41x
Revenue Growth	11.01%	7.97%	10.34%	10.88%	10.41%	-46.22%	72.5%	34.77%	9.04%	0.11%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Air-related revenue	621.94M	770.21M	453.55M	788.06M	1.03B	1.14B	1.13B
Air-related revenue Growth	-	23.84%	-41.11%	73.76%	30.14%	10.89%	-0.71%
Scheduled Service Revenue	898.65M	897.63M	435.67M	769.37M	1.06B	1.13B	1.03B
Scheduled Service Revenue Growth	-	-0.11%	-51.46%	76.60%	38.13%	6.61%	-9.02%
Co-brand Revenue	13.11M	15.12M	12.97M	21M	49.46M	54.17M	57.12M
Co-brand Revenue Growth	-	15.33%	-14.18%	61.87%	135.51%	9.52%	5.44%

Frequently Asked Questions

Growth & Financials

Allegiant Travel Company (ALGT) reported $2.58B in revenue for fiscal year 2024. This represents a 231% increase from $779.1M in 2011.

Allegiant Travel Company (ALGT) grew revenue by 0.1% over the past year. Growth has been modest.

Allegiant Travel Company (ALGT) reported a net loss of $292.9M for fiscal year 2024.

Dividend & Returns

Yes, Allegiant Travel Company (ALGT) pays a dividend with a yield of 1.38%. This makes it attractive for income-focused investors.

Allegiant Travel Company (ALGT) has a return on equity (ROE) of -19.9%. Negative ROE indicates the company is unprofitable.

Allegiant Travel Company (ALGT) generated $130.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Allegiant Travel Company (ALGT) 10-Year Financial Performance & Capital Metrics

ALGT • • Industrial / General

IndustrialsAirlines & AirportsLow-Cost & Ultra-Low-Cost CarriersUS Low-Cost Carriers

Revenue $2.51B +0.1%
EBITDA $18M -95.9%
Net Income -$240M -304.3%
EPS (Diluted) -13.49 -314.5%
Gross Margin 62.38% +135.7%
EBITDA Margin 0.73% -95.9%
Operating Margin -9.55% -208.5%
Net Margin -9.56% -304.1%
ROE -19.87% -315.4%
ROIC -5.56% -213.1%
Debt/Equity 1.97 +10.9%
Interest Coverage -2.16 -205.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 88 (top 12%)
✓Trading at only 1.5x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y8.25%

5Y6.42%

3Y13.73%

TTM3.29%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-1027.93%

EPS CAGR

10Y-

5Y-

3Y-

TTM-986.67%

ROCE

10Y Avg11.87%

5Y Avg-0.13%

3Y Avg0.59%

Latest-6.87%

Peer Comparison

US Low-Cost Carriers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LUVSouthwest Airlines Co.	22.29B	43.10	57.47	5.34%	1.38%	4.87%		0.78
SNCYSun Country Airlines Holdings, Inc.	925.67M	17.56	18.29	2.49%	5.25%	9.52%	12.7%	1.09
ULCCFrontier Group Holdings, Inc.	1.16B	5.08	13.37	5.18%	-3.65%	-31.34%		7.40
FLYYSpirit Aviation Holdings, Inc.		0.38	-0.03	-8.38%	-28.55%	-277.97%
JBLUJetBlue Airways Corporation	1.81B	4.98	-2.17	-3.49%	-5.16%	-20.66%		3.46
ALGTAllegiant Travel Company	1.63B	88.87	-6.59	0.11%	-11.36%	-28.84%	2.35%	1.97

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.26B	1.36B	1.5B	1.67B	1.84B	990.07M	1.71B	2.3B	2.51B	2.51B
Revenue Growth %	0.11%	0.08%	0.1%	0.11%	0.1%	-0.46%	0.73%	0.35%	0.09%	0%
Cost of Goods Sold+	803.49M	890.57M	1.1B	1.25B	1.3B	994.41M	1.48B	1.96B	1.85B	945.27M
COGS % of Revenue	0.64%	0.65%	0.73%	0.75%	0.7%	1%	0.86%	0.85%	0.74%	0.38%
Gross Profit+	458.7M	472.26M	407.97M	417.49M	543.71M	-4.34M	231.54M	340.47M	664.37M	1.57B
Gross Margin %	0.36%	0.35%	0.27%	0.25%	0.3%	-0%	0.14%	0.15%	0.26%	0.62%
Gross Profit Growth %	0.61%	0.03%	-0.14%	0.02%	0.3%	-1.01%	54.35%	0.47%	0.95%	1.36%
Operating Expenses+	87M	101.7M	145.55M	174.03M	179.75M	276.64M	-31.54M	248.82M	443.39M	1.81B
OpEx % of Revenue	0.07%	0.07%	0.1%	0.1%	0.1%	0.28%	-0.02%	0.11%	0.18%	0.72%
Selling, General & Admin	21.35M	20.53M	52.71M	73.51M	78.91M	43.52M	72.74M	100.68M	114.62M	106.34M
SG&A % of Revenue	0.02%	0.02%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.05%	0.04%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	136K	1.23M	1.56M	395K	100.84M	233.13M	-104.28M	148.14M	328.78M	1.7B
Operating Income+	371.7M	370.56M	227.17M	243.46M	363.95M	-280.99M	263.07M	91.65M	220.98M	-239.98M
Operating Margin %	0.29%	0.27%	0.15%	0.15%	0.2%	-0.28%	0.15%	0.04%	0.09%	-0.1%
Operating Income Growth %	1.36%	-0%	-0.39%	0.07%	0.49%	-1.77%	1.94%	-0.65%	1.41%	-2.09%
EBITDA+	469.8M	475.77M	348.88M	372.81M	519.8M	-104.72M	444.11M	289.19M	444.11M	18.27M
EBITDA Margin %	0.37%	0.35%	0.23%	0.22%	0.28%	-0.11%	0.26%	0.13%	0.18%	0.01%
EBITDA Growth %	0.95%	0.01%	-0.27%	0.07%	0.39%	-1.2%	5.24%	-0.35%	0.54%	-0.96%
D&A (Non-Cash Add-back)	98.1M	105.22M	121.71M	129.35M	155.85M	176.27M	181.03M	197.54M	223.13M	258.25M
EBIT	373.23M	376.8M	238M	253.08M	378.05M	-303.42M	265.09M	108.02M	267.11M	-197.39M
Net Interest Income+	-25.06M	-25.83M	-33.18M	-44.54M	-64.28M	-52.14M	-66.66M	-86.6M	-61.44M	-67.05M
Interest Income	1.39M	3.01M	5.81M	9.23M	12.52M	5.51M	1.81M	16.47M	46.62M	44.01M
Interest Expense	26.51M	28.84M	38.99M	53.76M	76.8M	57.65M	68.47M	103.07M	108.05M	111.06M
Other Income/Expense	-24.98M	-24.6M	-31.62M	-44.14M	-62.7M	-80.08M	-66.45M	-86.69M	-61.93M	-68.47M
Pretax Income+	346.72M	345.96M	195.55M	199.32M	301.25M	-361.07M	196.62M	4.95M	159.05M	-308.45M
Pretax Margin %	0.27%	0.25%	0.13%	0.12%	0.16%	-0.36%	0.12%	0%	0.06%	-0.12%
Income Tax+	126.39M	126.37M	644K	37.52M	69.13M	-176.97M	44.77M	2.46M	41.45M	-68.21M
Effective Tax Rate %	0.64%	0.63%	1%	0.81%	0.77%	0.51%	0.77%	0.5%	0.74%	0.78%
Net Income+	220.37M	219.59M	194.9M	161.8M	232.12M	-184.09M	151.85M	2.49M	117.6M	-240.24M
Net Margin %	0.17%	0.16%	0.13%	0.1%	0.13%	-0.19%	0.09%	0%	0.05%	-0.1%
Net Income Growth %	1.54%	-0%	-0.11%	-0.17%	0.43%	-1.79%	1.82%	-0.98%	46.17%	-3.04%
Net Income (Continuing)	220.33M	220.87M	198.15M	161.8M	232.12M	-184.09M	151.85M	2.49M	117.6M	-240.24M
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)+	12.94	13.29	12.13	10.13	14.26	-11.53	8.68	0.14	6.29	-13.49
EPS Growth %	1.66%	0.03%	-0.09%	-0.16%	0.41%	-1.81%	1.75%	-0.98%	43.93%	-3.14%
EPS (Basic)	12.97	13.31	12.14	10.15	14.27	-11.53	8.69	0.14	6.32	-13.49
Diluted Shares Outstanding	16.96M	16.49M	16.09M	15.97M	16.04M	15.99M	17.23M	18.03M	18.02M	17.85M
Basic Shares Outstanding	16.92M	16.46M	16.07M	15.94M	16.03M	15.99M	17.21M	17.96M	17.95M	17.85M
Dividend Payout Ratio	0.28%	0.31%	0.23%	0.28%	0.2%	-	-	-	0.19%	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	401.91M	422.05M	541.27M	495.25M	562.22M	943.63M	1.34B	1.27B	1B	991.61M
Cash & Short-Term Investments	332.69M	333.98M	412.13M	396M	472.71M	685.24M	1.22B	955.05M	831M	797.55M
Cash Only	87.11M	64.71M	59.45M	81.5M	136.78M	152.76M	400.7M	229.99M	159.58M	302.32M
Short-Term Investments	245.58M	269.27M	352.68M	314.5M	335.93M	532.48M	819.48M	725.06M	671.41M	495.23M
Accounts Receivable	21.82M	40.67M	71.06M	36.01M	25.52M	192.22M	62.66M	106.58M	70.74M	90.41M
Days Sales Outstanding	6.31	10.89	17.25	7.88	5.06	70.86	13.39	16.9	10.29	13.13
Inventory	15.58M	16.8M	17.65M	19.52M	28.38M	24.01M	27.5M	35.55M	36.34M	36.07M
Days Inventory Outstanding	7.08	6.88	5.88	5.7	7.98	8.81	6.8	6.61	7.19	13.93
Other Current Assets	13.54M	14.33M	16.51M	14.61M	1.01M	17.55M	28.07M	177.09M	63.05M	67.58M
Total Non-Current Assets+	956.42M	1.25B	1.64B	2B	2.45B	2.32B	2.67B	3.24B	3.92B	3.56B
Property, Plant & Equipment	885.94M	1.1B	1.51B	1.85B	2.26B	2.17B	2.39B	2.92B	3.53B	3.15B
Fixed Asset Turnover	1.42x	1.24x	0.99x	0.90x	0.81x	0.46x	0.71x	0.79x	0.71x	0.80x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	64.75M	124.83M	78.57M	51.53M	26.94M	0	14.63M	63.32M	73M	66.83M
Other Non-Current Assets	5.72M	29.37M	47.9M	104.63M	162.75M	149.07M	248.44M	251.34M	251.72M	220.26M
Total Assets+	1.35B	1.67B	2.18B	2.5B	3.01B	3.26B	4.01B	4.51B	4.92B	4.55B
Asset Turnover	0.93x	0.82x	0.69x	0.67x	0.61x	0.30x	0.43x	0.51x	0.51x	0.55x
Asset Growth %	0.09%	0.24%	0.3%	0.15%	0.2%	0.08%	0.23%	0.12%	0.09%	-0.08%
Total Current Liabilities+	395.14M	392.9M	544.29M	514M	612.58M	689.35M	663.04M	869.83M	1.2B	1.28B
Accounts Payable	6.8M	16.01M	20.11M	27.45M	27.67M	34.2M	43.57M	58.34M	54.48M	62.09M
Days Payables Outstanding	3.09	6.56	6.7	8.02	7.78	12.55	10.77	10.86	10.78	23.98
Short-Term Debt	74.07M	86.23M	214.76M	152.29M	175.94M	217.23M	149.13M	152.9M	460.81M	475.48M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	-1.42M	0	0	9.63M	114.59M	0	106.79M	0	292.33M	327.4M
Current Ratio	1.02x	1.07x	0.99x	0.96x	0.92x	1.37x	2.02x	1.46x	0.83x	0.78x
Quick Ratio	0.98x	1.03x	0.96x	0.93x	0.87x	1.33x	1.98x	1.42x	0.80x	0.75x
Cash Conversion Cycle	10.3	11.21	16.43	5.57	5.26	67.12	9.42	12.66	6.7	3.09
Total Non-Current Liabilities+	613.19M	805.06M	1.08B	1.29B	1.51B	1.87B	2.12B	2.42B	2.39B	2.18B
Long-Term Debt	567.61M	722.05M	950.13M	1.12B	1.14B	1.44B	1.31B	1.94B	1.39B	1.21B
Capital Lease Obligations	0	0	0	0	129.22M	102.29M	416.6M	94.97M	512.31M	465.45M
Deferred Tax Liabilities	45.58M	75.34M	118.49M	164.03M	232.52M	301.76M	365.22M	346.39M	448.74M	432.83M
Other Non-Current Liabilities	0	7.67M	13.41M	10.88M	12.28M	24.39M	8.08M	11.72M	9.45M	34.14M
Total Liabilities	1.01B	1.2B	1.63B	1.81B	2.13B	2.56B	2.79B	3.29B	3.59B	3.46B
Total Debt+	641.68M	808.27M	1.16B	1.27B	1.45B	1.78B	1.88B	2.21B	2.36B	2.15B
Net Debt	554.57M	743.56M	1.11B	1.19B	1.31B	1.62B	1.48B	1.98B	2.2B	1.85B
Debt / Equity	1.83x	1.71x	2.11x	1.84x	1.64x	2.54x	1.53x	1.81x	1.78x	1.97x
Debt / EBITDA	1.37x	1.70x	3.34x	3.41x	2.78x	-	4.23x	7.65x	5.32x	117.63x
Net Debt / EBITDA	1.18x	1.56x	3.17x	3.19x	2.52x	-	3.32x	6.85x	4.96x	101.08x
Interest Coverage	14.02x	12.85x	5.83x	4.53x	4.74x	-4.87x	3.84x	0.89x	2.05x	-2.16x
Total Equity+	350M	473.62M	553.31M	690.3M	883.55M	699.36M	1.22B	1.22B	1.33B	1.09B
Equity Growth %	0.19%	0.35%	0.17%	0.25%	0.28%	-0.21%	0.75%	-0%	0.09%	-0.18%
Book Value per Share	20.63	28.72	34.38	43.23	55.08	43.73	71.01	67.69	73.73	61.02
Total Shareholders' Equity	350M	473.62M	553.31M	690.3M	883.55M	699.36M	1.22B	1.22B	1.33B	1.09B
Common Stock	22K	22K	23K	23K	23K	23K	25K	25K	26K	26K
Retained Earnings	573.62M	753.4M	902.58M	1.03B	1.21B	1.02B	1.17B	1.17B	1.27B	1B
Treasury Stock	-453.42M	-517.8M	-605.65M	-605.04M	-617.58M	-646.01M	-638.06M	-660.02M	-681.93M	-678.43M
Accumulated OCI	834K	-230K	-2.84M	-661K	98K	-27K	2.06M	1.26M	3.99M	3.95M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	365.37M	346.86M	391.13M	356.5M	440.6M	234.5M	538.19M	303.05M	423.09M	338.46M
Operating CF Margin %	0.29%	0.25%	0.26%	0.21%	0.24%	0.24%	0.32%	0.13%	0.17%	0.13%
Operating CF Growth %	0.35%	-0.05%	0.13%	-0.09%	0.24%	-0.47%	1.3%	-0.44%	0.4%	-0.2%
Net Income	220.33M	219.59M	194.9M	161.8M	232.12M	-184.09M	151.85M	2.49M	117.6M	-240.24M
Depreciation & Amortization	98.1M	105.22M	121.71M	129.35M	155.85M	176.27M	181.03M	197.54M	223.13M	258.25M
Stock-Based Compensation	10.47M	9.39M	13.86M	15.1M	18.23M	19.29M	16.13M	15.2M	29.75M	22.57M
Deferred Taxes	8.98M	29.85M	42.47M	38.22M	68.47M	69.34M	43.76M	2.18M	38.21M	-69.01M
Other Non-Cash Items	3.47M	9.27M	50.52M	6.79M	-4.56M	309.99M	25.72M	48.51M	16.82M	307.76M
Working Capital Changes	24.02M	-26.45M	-32.33M	5.24M	-29.5M	-156.3M	119.69M	37.13M	-2.42M	59.13M
Change in Receivables	-930K	-18.2M	-30.57M	35.62M	10.5M	4.39M	128.91M	-33.89M	33.32M	-1.25M
Change in Inventory	32.76M	5.46M	17.78M	14.74M	53.57M	-123.19M	0	0	0	0
Change in Payables	-6.43M	9.21M	4.8M	8.63M	-2.1M	7.02M	10.4M	14.77M	-5.03M	8.74M
Cash from Investing+	-234.22M	-401.84M	-618.52M	-268.98M	-476.46M	-365.69M	-593.28M	-491.42M	-721.88M	5.58M
Capital Expenditures	-252.69M	-199.74M	-568.44M	-334.8M	-505.2M	-280.2M	-243.61M	-434.69M	-870.49M	-300.15M
CapEx % of Revenue	0.2%	0.15%	0.38%	0.2%	0.27%	0.28%	0.14%	0.19%	0.35%	0.12%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	2.2M	-118.64M	-6.7M	677K	11.81M	9.89M	-56.06M	-90.75M	62.69M	109.19M
Cash from Financing+	-133.65M	32.58M	222.13M	-62.36M	75.13M	164.6M	285.47M	33.12M	212.92M	-201.3M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-62.44M	-67.54M	-45.72M	-45.25M	-45.55M	-11.36M	0	0	-22.14M	-21.93M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	5.18M	-594K	-379K	7.54M	-29.93M	-484K	-30.23M	-99.01M	103.38M	25.2M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	112.68M	147.12M	-177.31M	21.7M	-64.6M	-45.7M	294.58M	-131.64M	-447.39M	38.3M
FCF Margin %	0.09%	0.11%	-0.12%	0.01%	-0.04%	-0.05%	0.17%	-0.06%	-0.18%	0.02%
FCF Growth %	12.69%	0.31%	-2.21%	1.12%	-3.98%	0.29%	7.45%	-1.45%	-2.4%	1.09%
FCF per Share	6.64	8.92	-11.02	1.36	-4.03	-2.86	17.10	-7.30	-24.83	2.15
FCF Conversion (FCF/Net Income)	1.66x	1.58x	2.01x	2.20x	1.90x	-1.27x	3.54x	121.56x	3.60x	-1.41x
Interest Paid	26.31M	26.45M	0	0	0	0	43.51M	82.9M	111.91M	107.38M
Taxes Paid	111.4M	110.61M	0	0	0	0	0	308K	1.01M	8.74M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	68.43%	53.32%	37.96%	26.02%	29.5%	-23.26%	15.79%	0.2%	9.23%	-19.87%
Return on Invested Capital (ROIC)	32.84%	26.2%	11.85%	10.32%	13.4%	-9.34%	7.86%	2.33%	4.92%	-5.56%
Gross Margin	36.34%	34.65%	27.13%	25.04%	29.53%	-0.44%	13.56%	14.79%	26.47%	62.38%
Net Margin	17.46%	16.11%	12.96%	9.7%	12.61%	-18.59%	8.89%	0.11%	4.69%	-9.56%
Debt / Equity	1.83x	1.71x	2.11x	1.84x	1.64x	2.54x	1.53x	1.81x	1.78x	1.97x
Interest Coverage	14.02x	12.85x	5.83x	4.53x	4.74x	-4.87x	3.84x	0.89x	2.05x	-2.16x
FCF Conversion	1.66x	1.58x	2.01x	2.20x	1.90x	-1.27x	3.54x	121.56x	3.60x	-1.41x
Revenue Growth	11.01%	7.97%	10.34%	10.88%	10.41%	-46.22%	72.5%	34.77%	9.04%	0.11%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Air-related revenue	621.94M	770.21M	453.55M	788.06M	1.03B	1.14B	1.13B
Air-related revenue Growth	-	23.84%	-41.11%	73.76%	30.14%	10.89%	-0.71%
Scheduled Service Revenue	898.65M	897.63M	435.67M	769.37M	1.06B	1.13B	1.03B
Scheduled Service Revenue Growth	-	-0.11%	-51.46%	76.60%	38.13%	6.61%	-9.02%
Co-brand Revenue	13.11M	15.12M	12.97M	21M	49.46M	54.17M	57.12M
Co-brand Revenue Growth	-	15.33%	-14.18%	61.87%	135.51%	9.52%	5.44%

Frequently Asked Questions

Growth & Financials

Allegiant Travel Company (ALGT) reported $2.58B in revenue for fiscal year 2024. This represents a 231% increase from $779.1M in 2011.

Allegiant Travel Company (ALGT) grew revenue by 0.1% over the past year. Growth has been modest.

Allegiant Travel Company (ALGT) reported a net loss of $292.9M for fiscal year 2024.

Dividend & Returns

Yes, Allegiant Travel Company (ALGT) pays a dividend with a yield of 1.38%. This makes it attractive for income-focused investors.

Allegiant Travel Company (ALGT) has a return on equity (ROE) of -19.9%. Negative ROE indicates the company is unprofitable.

Allegiant Travel Company (ALGT) generated $130.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.