Allegiant Travel Company (ALGT) Financial Ratios
22 years of historical data (2004–2025) · Industrials · Airlines, Airports & Air Services
EV/EBITDA
↓
7.57
↓-84% vs avg
5yr avg: 46.13
30Y Low6.0·High13.2
P/FCF
↑
20.19
↓-20% vs avg
5yr avg: 25.10
30Y Low9.6·High103.7
P/B Ratio
↓
1.41
-9% vs avg
5yr avg: 1.55
30Y Low1.0·High9.1
ROE
↓
-4.2%
↑-1869% vs avg
5yr avg: 0.2%
30Y Low-23%·High96%
Debt/EBITDA
↑
4.40
↓-84% vs avg
5yr avg: 27.84
30Y Low0.2·High7.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ALGT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Allegiant Travel Company currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 20.2x P/FCF, 20% below the 5-year average of 25.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.5B | $1.5B | $1.7B | $1.5B | $1.2B | $3.2B | $3.0B | $2.8B | $1.6B | $2.5B | $2.7B |
| Enterprise Value | $3.2B | $3.2B | $3.5B | $3.7B | $3.2B | $4.7B | $4.6B | $4.1B | $2.8B | $3.6B | $3.5B |
| P/E Ratio → | -33.14 | — | — | 13.13 | 485.64 | 21.55 | — | 12.20 | 9.89 | 12.76 | 12.52 |
| P/S Ratio | 0.58 | 0.59 | 0.67 | 0.59 | 0.53 | 1.89 | 3.06 | 1.52 | 0.96 | 1.66 | 2.01 |
| P/B Ratio | 1.41 | 1.46 | 1.54 | 1.12 | 1.00 | 2.63 | 4.33 | 3.16 | 2.32 | 4.50 | 5.79 |
| P/FCF | 20.19 | 20.49 | 43.87 | — | — | 10.94 | — | — | 73.74 | — | 18.65 |
| P/OCF | 3.89 | 3.95 | 4.96 | 3.52 | 4.05 | 5.99 | 12.91 | 6.34 | 4.49 | 6.37 | 7.91 |
P/E links to full P/E history page with 30-year chart
ALGT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Allegiant Travel Company's enterprise value stands at 7.6x EBITDA, 84% below its 5-year average of 46.1x. The Industrials sector median is 13.8x, placing the stock at a 45% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.24 | 1.40 | 1.47 | 1.39 | 2.75 | 4.70 | 2.23 | 1.67 | 2.39 | 2.56 |
| EV / EBITDA | 7.57 | 7.62 | 193.02 | 8.31 | 11.09 | 10.58 | — | 7.89 | 7.48 | 10.31 | 7.33 |
| EV / EBIT | 18.35 | 41.55 | — | 13.82 | 29.70 | 17.73 | — | 10.85 | 11.03 | 15.11 | 9.26 |
| EV / FCF | — | 43.02 | 92.10 | — | — | 15.95 | — | — | 128.59 | — | 23.70 |
ALGT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Allegiant Travel Company earns an operating margin of 6.7%, roughly in line with the Industrials sector average. Operating margins have compressed from 8.8% to 6.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -4.2% indicates the company is currently destroying shareholder equity. ROIC of 4.6% represents below-average returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.4% | 15.4% | 62.4% | 26.5% | 14.8% | 13.6% | -0.4% | 29.5% | 25.0% | 27.1% | 34.7% |
| Operating Margin | 6.7% | 6.7% | -9.6% | 8.8% | 4.0% | 15.4% | -28.4% | 19.8% | 14.6% | 15.1% | 27.2% |
| Net Profit Margin | -1.7% | -1.7% | -9.6% | 4.7% | 0.1% | 8.9% | -18.6% | 12.6% | 9.7% | 13.0% | 16.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -4.2% | -4.2% | -19.9% | 9.2% | 0.2% | 15.8% | -23.3% | 29.5% | 26.0% | 38.0% | 53.3% |
| ROA | -1.0% | -1.0% | -5.1% | 2.5% | 0.1% | 4.2% | -5.9% | 8.4% | 6.9% | 10.1% | 14.5% |
| ROIC | 4.6% | 4.6% | -5.6% | 4.9% | 2.3% | 7.9% | -9.3% | 13.4% | 10.3% | 11.8% | 26.2% |
| ROCE | 5.4% | 5.4% | -6.9% | 6.0% | 2.6% | 8.9% | -11.3% | 16.6% | 13.4% | 15.6% | 33.2% |
ALGT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Allegiant Travel Company carries a Debt/EBITDA ratio of 4.4x, which is highly leveraged (38% above the sector average of 3.2x). Net debt stands at $1.7B ($1.9B total debt minus $173M cash). Interest coverage of just 0.6x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.77 | 1.77 | 1.97 | 1.78 | 1.81 | 1.53 | 2.54 | 1.64 | 1.84 | 2.11 | 1.71 |
| Debt / EBITDA | 4.40 | 4.40 | 117.63 | 5.32 | 7.65 | 4.23 | — | 2.78 | 3.41 | 3.34 | 1.70 |
| Net Debt / Equity | — | 1.61 | 1.70 | 1.66 | 1.62 | 1.21 | 2.32 | 1.48 | 1.72 | 2.00 | 1.57 |
| Net Debt / EBITDA | 3.99 | 3.99 | 101.08 | 4.96 | 6.85 | 3.32 | — | 2.52 | 3.19 | 3.17 | 1.56 |
| Debt / FCF | — | 22.53 | 48.23 | — | — | 5.01 | — | — | 54.85 | — | 5.05 |
| Interest Coverage | 0.59 | 0.59 | -1.78 | 2.47 | 1.05 | 3.87 | -5.26 | 4.92 | 4.71 | 6.10 | 13.07 |
ALGT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.95x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.83x to 0.95x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.95 | 0.95 | 0.78 | 0.83 | 1.46 | 2.02 | 1.37 | 0.92 | 0.96 | 0.99 | 1.07 |
| Quick Ratio | 0.92 | 0.92 | 0.75 | 0.80 | 1.42 | 1.98 | 1.33 | 0.87 | 0.93 | 0.96 | 1.03 |
| Cash Ratio | 0.79 | 0.79 | 0.62 | 0.69 | 1.10 | 1.84 | 0.99 | 0.77 | 0.77 | 0.76 | 0.85 |
| Asset Turnover | — | 0.62 | 0.55 | 0.51 | 0.51 | 0.43 | 0.30 | 0.61 | 0.67 | 0.69 | 0.82 |
| Inventory Turnover | 64.07 | 64.07 | 26.21 | 50.79 | 55.18 | 53.69 | 41.42 | 45.72 | 64.05 | 62.10 | 53.02 |
| Days Sales Outstanding | — | 8.00 | 13.13 | 10.29 | 16.90 | 13.39 | 70.86 | 5.06 | 7.88 | 17.25 | 10.89 |
ALGT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Allegiant Travel Company returns 0.9% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | 1.3% | 1.5% | — | — | 0.4% | 1.6% | 2.8% | 1.8% | 2.5% |
| Payout Ratio | — | — | — | 18.8% | — | — | — | 19.6% | 28.0% | 23.5% | 30.8% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 7.6% | 0.2% | 4.6% | — | 8.2% | 10.1% | 7.8% | 8.0% |
| FCF Yield | 5.0% | 4.9% | 2.3% | — | — | 9.1% | — | — | 1.4% | — | 5.4% |
| Buyback Yield | 0.9% | 0.9% | 0.4% | 2.0% | 2.4% | 0.0% | 1.1% | 0.7% | 0.2% | 3.6% | 2.4% |
| Total Shareholder Yield | 0.9% | 0.9% | 1.7% | 3.5% | 2.4% | 0.0% | 1.5% | 2.3% | 3.1% | 5.5% | 4.9% |
| Shares Outstanding | — | $18M | $18M | $18M | $18M | $17M | $16M | $16M | $16M | $16M | $16M |
Peer Comparison
Compare ALGT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ALGTYou | $2B | -33.1 | 7.6 | 20.2 | 15.4% | 6.7% | -4.2% | 4.6% | 4.4 |
 ULCC | $1B | -9.1 | — | — | 35.5% | -4.0% | -25.0% | -2.3% | — |
 SNCY | $914M | 17.6 | 6.8 | 10.9 | 66.9% | 8.9% | 8.8% | 6.9% | 3.0 |
 DAL | $48B | 9.5 | 7.8 | 12.4 | 22.8% | 9.2% | 27.8% | 12.0% | 2.6 |
 UAL | $32B | 9.8 | 7.5 | 12.7 | 64.1% | 8.0% | 24.0% | 9.1% | 4.1 |
 AAL | $9B | 77.5 | 12.5 | — | 19.2% | 2.7% | — | 3.5% | 10.5 |
 LUV | $20B | 52.4 | 11.6 | — | 17.4% | 1.5% | 4.8% | 3.0% | 3.0 |
 JBLU | $2B | -3.1 | 31.6 | — | 33.9% | -4.1% | -25.3% | -2.7% | 32.0 |
 BA | $182B | 93.2 | — | — | 4.8% | -6.1% | 289.7% | -9.5% | — |
 GE | $316B | 37.1 | 32.5 | 43.5 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 |
 AXON | $34B | 282.7 | 1664.9 | 458.1 | 59.7% | -2.2% | 4.5% | -1.3% | 90.6 |
| Industrials Median | — | 25.5 | 13.8 | 20.7 | 32.7% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 22 years · Updated daily
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Start ComparisonALGT — Frequently Asked Questions
Quick answers to the most common questions about buying ALGT stock.
What is Allegiant Travel Company's P/E ratio?
Allegiant Travel Company's current P/E ratio is -33.1x. The historical average is 19.8x.
What is Allegiant Travel Company's EV/EBITDA?
Allegiant Travel Company's current EV/EBITDA is 7.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.1x.
What is Allegiant Travel Company's ROE?
Allegiant Travel Company's return on equity (ROE) is -4.2%. The historical average is 24.1%.
Is ALGT stock overvalued?
Based on historical data, Allegiant Travel Company is trading at a P/E of -33.1x. Compare with industry peers and growth rates for a complete picture.
What are Allegiant Travel Company's profit margins?
Allegiant Travel Company has 15.4% gross margin and 6.7% operating margin.
How much debt does Allegiant Travel Company have?
Allegiant Travel Company's Debt/EBITDA ratio is 4.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.