Allegiant Travel Co (ALGT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 26	$3.49	$3.77	+8.0%	—	$732.4M	—
Q4 25	$1.61	$1.87	+16.1%	—	$656.2M	—
Q3 25	-$1.8	-$2.09	-16.1%	—	$561.9M	—
Q2 25	$0.85	$1.23	+44.7%	—	$689.4M	—
Q1 25	$1.55	$1.81	+16.8%	—	$699.1M	—
Q4 24	$2.07	$2.1	+1.4%	—	$627.7M	—
Q3 24	-$1.87	-$2.02	-8.0%	—	$562.2M	—
Q2 24	$0.76	$1.77	+132.9%	—	$666.3M	—
Q1 24	$0.45	$0.57	+26.7%	—	$656.4M	—
Q4 23	-$0.2	$0.11	+155.0%	—	$611M	—
Q3 23	$0.15	$0.09	-40.0%	—	$565.4M	—
Q2 23	$3.73	$4.35	+16.6%	—	$683.8M	—
Q1 23	$2.3	$3.04	+32.2%	—	$649.7M	—
Q4 22	$0.69	$3.17	+359.4%	—	$611.5M	—
Q3 22	-$0.4	-$0.38	+5.0%	—	$560.3M	—
Q2 22	$0.92	$0.62	-32.6%	—	$629.8M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$2.48	—	—	$2.6B	—
FY24	—	-$13.5	—	—	$2.5B	—
FY23	—	$6.32	—	—	$2.5B	—
FY22	—	$0.14	—	—	$2.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.4B	$1.5B	$1.7B	$1.8B	$990.1M	$1.7B	$2.3B	$2.5B	$2.5B	$2.6B
YoY change	+9.25%	+9.59%	+10.3%	+10.4%	-46.2%	+72.5%	+34.8%	+9.04%	+0.11%	+3.74%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.4B	1.5B	1.7B	1.8B	990.1M	1.7B	2.3B	2.5B	2.5B	2.6B
Cost of revenue	890.6M	1.1B	1.2B	1.3B	994.4M	1.5B	2B	2B	2.1B	2.2B
Gross profit	488.4M	415.4M	417.5M	543.7M	-4.3M	231.5M	340.5M	497.7M	384.9M	400.7M
Gross margin	35.4%	27.5%	25%	29.5%	-0.44%	13.6%	14.8%	19.8%	15.3%	15.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	34.6M	56.7M	73.5M	78.9M	43.5M	72.7M	100.7M	114.6M	106.3M	99.4M
Operating expenses	115.8M	149.5M	174M	179.8M	-29.7M	-45.5M	214.2M	248.1M	256.7M	225.8M
Operating income	372.6M	265.9M	243.5M	363.9M	25.3M	277.1M	126.3M	249.6M	128.2M	174.9M
Operating margin	27%	17.6%	14.6%	19.8%	2.56%	16.2%	5.49%	9.95%	5.1%	6.71%
Non-operating income, net	1.2M	-33.7M	395K	1.6M	-334.2M	-13.8M	-34.7M	-29.1M	-369.6M	-138.8M
Pretax income	348M	199M	199.3M	301.2M	-361.1M	196.6M	5M	159.1M	-308.4M	-54.9M
Income tax	127.1M	859K	37.5M	69.1M	-177M	44.8M	2.5M	41.5M	-68.2M	-10.2M
Net income	220.9M	198.1M	161.8M	232.1M	-184.1M	151.9M	2.5M	117.6M	-240.2M	-44.7M
Net margin	16%	13.1%	9.7%	12.6%	-18.6%	8.89%	0.11%	4.69%	-9.56%	-1.71%
EBITDA	482M	395M	382.4M	537.6M	205.8M	460.1M	340.2M	518.9M	429M	464.6M
EPS	13.2	11.9	10	14.3	-11.5	8.69	0.14	6.32	-13.5	-2.48
Diluted EPS	13.2	11.9	10	14.3	-11.5	8.68	0.14	6.29	-13.5	-2.48

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	565.4M	611M	656.4M	666.3M	562.2M	627.7M	699.1M	689.4M	561.9M	656.2M	732.4M	943.5M
Cost of revenue	492.7M	520.5M	550M	551.6M	514.3M	511.8M	575.4M	571M	529M	530.5M	575.4M	780.5M
Gross profit	72.7M	90.5M	106.4M	114.6M	47.9M	116M	123.7M	118.4M	32.9M	125.7M	157M	163M
Gross margin	12.9%	14.8%	16.2%	17.2%	8.52%	18.5%	17.7%	17.2%	5.86%	19.1%	21.4%	17.3%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	28.5M	29.4M	30.4M	27.5M	24.9M	23.1M	25.1M	26.8M	23M	24.5M	28.2M	35.2M
Operating expenses	57.9M	71.1M	77.9M	61.6M	65.4M	51.8M	60.3M	67.9M	56.7M	41M	48.1M	75.9M
Operating income	14.8M	19.4M	28.5M	53M	-17.6M	64.2M	63.4M	50.4M	-23.7M	84.7M	108.9M	87.1M
Operating margin	2.61%	3.18%	4.35%	7.96%	-3.12%	10.2%	9.08%	7.32%	-4.22%	12.9%	14.9%	9.23%
Non-operating income, net	-32.8M	-9.1M	-13.2M	-18.2M	-8.8M	-329.4M	853K	-118.2M	-3.6M	-17.9M	-26.6M	-66M
Pretax income	-29.9M	-1.8M	-1.3M	18M	-43.4M	-281.7M	41.9M	-88.6M	-52.2M	43.9M	66M	-5.2M
Income tax	-4.9M	163K	-418K	4.3M	-6.7M	-65.5M	9.8M	-23.4M	-8.6M	12M	23.5M	-360K
Net income	-25.1M	-2M	-919K	13.7M	-36.8M	-216.2M	32.1M	-65.2M	-43.6M	31.9M	42.5M	-4.9M
Net margin	-4.43%	-0.32%	-0.14%	2.06%	-6.54%	-34.4%	4.59%	-9.45%	-7.75%	4.87%	5.8%	-0.52%
EBITDA	82.9M	90M	104.6M	129.4M	56.4M	138.6M	138M	129.1M	-13.7M	152.4M	176.7M	95.9M
EPS	-1.44	-0.13	-0.07	0.75	-2.05	-12	1.74	-3.62	-2.41	1.74	2.3	-0.21
Diluted EPS	-1.44	-0.13	-0.07	0.75	-2.05	-12	1.73	-3.62	-2.41	1.73	2.3	-0.21

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	2.7B	2.5B	1.6B	2.8B	3B	3.2B	1.2B	1.5B	1.7B	1.5B	2.1B
Enterprise value	3.2B	3.2B	2.5B	3.8B	4.1B	3.9B	2.5B	3B	3B	2.6B	3.9B
Shares outstanding	16.5M	16.1M	15.9M	16M	16M	17.2M	18M	17.9M	17.9M	18.1M	18.1M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	12.4	12.6	9.87	12	—	21.2	489.8	12.6	—	—	68.2
P/S	1.99	1.65	0.96	1.52	3.06	1.88	0.53	0.59	0.67	0.59	0.75
P/B	5.78	4.5	2.31	3.16	4.33	2.63	1	1.12	1.54	1.46	1.21
EV/EBITDA	6.67	8.2	6.47	7.03	20	8.5	7.28	5.84	7.11	5.59	10.3
EV/Sales	2.33	2.14	1.48	2.05	4.16	2.29	1.08	1.21	1.21	1	1.36
Earnings yield	8.06%	7.97%	10.1%	8.32%	—	4.72%	0.2%	7.93%	—	—	1.47%
FCF yield	5.42%	-7.62%	1.37%	-2.32%	-1.54%	9.15%	-10.8%	-7.1%	2.28%	4.88%	9.3%
PEG	—	—	—	—	—	—	—	—	—	—	-0.72

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	35.4%	27.5%	25%	29.5%	-0.44%	13.6%	14.8%	19.8%	15.3%	15.4%	17.3%
Operating margin	27%	17.6%	14.6%	19.8%	2.56%	16.2%	5.49%	9.95%	5.1%	6.71%	9.23%
Net margin	16%	13.1%	9.7%	12.6%	-18.6%	8.89%	0.11%	4.69%	-9.56%	-1.71%	0.9%
ROE	46.6%	35.8%	23.4%	26.3%	-26.3%	12.4%	0.2%	8.85%	-22.1%	-4.25%	1.83%
ROA	13.2%	9.09%	6.48%	7.71%	-5.65%	3.8%	0.06%	2.41%	-5.42%	-1.06%	2.53%
ROIC	24.9%	20.3%	12.6%	15%	1.41%	11.2%	2.56%	6.42%	5.21%	8.28%	17.5%
Return on tangible assets	13.2%	9.09%	6.48%	7.71%	-5.65%	3.8%	0.06%	2.41%	-5.42%	-1.06%	0.44%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.07	0.99	0.96	0.92	1.37	2.02	1.46	0.83	0.78	0.95	0.83
Quick ratio	1.03	0.96	0.93	0.87	1.33	1.98	1.42	0.8	0.75	0.92	0.83
Debt / equity	1.71	2.11	1.84	1.64	2.54	1.53	1.81	1.78	1.97	1.77	1.6
Debt / assets	0.48	0.53	0.51	0.48	0.54	0.47	0.49	0.49	0.49	0.44	0.44
Net debt / EBITDA	0.98	1.91	2.29	1.84	5.3	1.51	3.69	2.98	3.19	2.28	3.87
Interest coverage	13.1	6.1	4.71	4.92	-5.26	3.87	1.05	2.47	-1.78	0.59	1.41
Effective tax rate	36.5%	0.43%	18.8%	22.9%	0%	22.8%	49.7%	26.1%	0%	0%	50.6%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	83.7	94	104.6	114.9	61.9	99.2	128.2	139.9	140.7	144.4	149.7
EPS (basic)	13.2	11.9	10	14.3	-11.5	8.69	0.14	6.32	-13.5	-2.48	-2.48
EPS (diluted)	13.2	11.9	10	14.3	-11.5	8.68	0.14	6.29	-13.5	-2.48	1.16
Book value per share	28.8	34.4	43.3	55.1	43.7	71.1	68	74	61	58.3	65.4
FCF per share	9.01	-11.8	1.37	-4.03	-2.91	17.1	-7.33	-5.86	2.15	4.16	5.11
Cash per share	20.3	25.6	24.8	28.6	42.8	68.7	53.2	45.4	43.8	44.6	38.8
Capex per share	12.1	36.1	21	31.6	12.1	14.2	24.2	29.4	12	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	14.5%	38.4%	20.1%	27.5%	19.6%	14.3%	18.9%	21%	8.52%	—	—
Capex / operating cash flow	59.9%	152.8%	96.4%	116.6%	76.6%	49%	171.7%	153.5%	74.2%	—	—
Payout ratio	30.6%	23.1%	28%	19.6%	-6.17%	0%	0%	18.8%	-9.13%	0%	0%
Dividend yield	2.47%	1.84%	2.83%	1.63%	0.38%	0%	0%	1.49%	1.31%	0%	1.57%

Yield

1.57%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.60

ex-dividend May 14, 2024

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
May 14, 2024	$0.60
Feb 14, 2024	$0.60
Nov 14, 2023	$0.60
Aug 14, 2023	$0.60
Feb 28, 2020	$0.70
Nov 21, 2019	$0.70
Sep 19, 2019	$0.70
Jun 13, 2019	$0.70

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$565.4M	$611M	$656.4M	$666.3M	$562.2M	$627.7M	$699.1M	$689.4M	$561.9M	$656.2M	$732.4M	$943.5M
YoY change	+0.9%	-0.09%	+1.03%	-2.56%	-0.56%	+2.73%	+6.5%	+3.47%	-0.05%	+4.54%	+4.77%	+36.9%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	334M	412.1M	396M	457.8M	685.2M	1.2B	955.1M	814.7M	781.1M	805.7M
Receivables	40.7M	71.1M	36M	25.5M	192.2M	62.7M	106.6M	70.7M	90.4M	57.1M
Inventory	16.8M	17.6M	19.5M	28.4M	24M	27.5M	35.5M	36.3M	36.1M	34.4M
Total current assets	422.1M	541.3M	495.2M	562.2M	943.6M	1.3B	1.3B	1B	991.6M	967.7M
Property, plant & equipment	-282.5M	-27M	-57.9M	-30.3M	-165.3M	-184.1M	-15.4M	201.6M	-194.3M	-573.3M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	1.7B	2.2B	2.5B	3B	3.3B	4B	4.5B	4.9B	4.4B	4.2B
Accounts payable	16M	20.1M	27.5M	27.7M	34.2M	43.6M	58.3M	54.5M	62.1M	64.5M
Short-term debt	86.2M	214.8M	152.3M	175.9M	231.5M	149.1M	172.9M	460.8M	475.5M	129M
Total current liabilities	392.9M	544.3M	514M	612.6M	689.3M	663M	869.8M	1.2B	1.3B	1B
Long-term debt	722M	950.1M	1.1B	1.3B	1.5B	1.7B	2B	1.9B	1.7B	1.7B
Total liabilities	1.2B	1.6B	1.8B	2.1B	2.6B	2.8B	3.3B	3.5B	3.3B	3.2B
Shareholders' equity	473.6M	553.3M	690.3M	883.6M	699.4M	1.2B	1.2B	1.3B	1.1B	1.1B
Total debt	808.3M	1.2B	1.3B	1.4B	1.8B	1.9B	2.2B	2.4B	2.1B	1.9B
Net debt	743.6M	1.1B	1.2B	1.3B	1.6B	1.5B	2B	2.2B	1.9B	1.7B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	—	—	—	—	—	—	—	842.8M	956.7M	805.7M	902.2M	1.1B
Receivables	—	—	—	—	—	—	—	74.9M	57.2M	57.1M	49.7M	107.3M
Inventory	—	—	—	—	—	—	—	33.8M	33.8M	34.4M	43.8M	—
Total current assets	—	—	—	—	—	—	—	1.2B	1.1B	967.7M	1.1B	1.4B
Property, plant & equipment	—	—	—	—	—	—	—	-524.8M	-533.3M	-573.3M	-620.8M	103.8M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	485.9M
Total assets	—	—	—	—	—	—	—	4.4B	4.4B	4.2B	4.4B	6.4B
Accounts payable	—	—	—	—	—	—	—	69.4M	55.3M	64.5M	75.3M	139.8M
Short-term debt	—	—	—	—	—	—	—	198.3M	283.3M	129M	131.7M	—
Total current liabilities	—	—	—	—	—	—	—	1.1B	1.1B	1B	1.2B	1.6B
Long-term debt	—	—	—	—	—	—	—	1.8B	1.8B	1.7B	1.7B	—
Total liabilities	—	—	—	—	—	—	—	3.3B	3.4B	3.2B	3.3B	4.7B
Shareholders' equity	—	—	—	—	—	—	—	1.1B	1B	1.1B	1.1B	1.8B
Total debt	—	—	—	—	—	—	—	2B	2.1B	1.9B	1.9B	—
Net debt	—	—	—	—	—	—	—	1.8B	1.8B	1.7B	1.6B	—

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	220.9M	198.1M	161.8M	232.1M	-184.1M	151.9M	2.5M	117.6M	-240.2M	-44.7M
Depreciation & amortization	105.2M	121.7M	129.4M	155.9M	176.3M	181M	197.5M	223.1M	258.3M	249.2M
Stock-based compensation	9.4M	13.9M	15.1M	18.2M	19.3M	16.1M	15.2M	29.7M	22.6M	10.9M
Change in working capital	-36.8M	-37.8M	-1.6M	-45.3M	-140.1M	75.7M	-10.6M	-80.5M	-25.9M	5.5M
Operating cash flow	333.6M	379.7M	347.4M	434.8M	252.6M	497.2M	253.2M	344.1M	288.4M	389.8M
Capital expenditure	-199.7M	-580.2M	-334.8M	-506.8M	-193.6M	-243.6M	-434.7M	-528.3M	-214M	—
Investing cash flow	-401.8M	-618.5M	-269M	-476.5M	-365.7M	-593.3M	-491.4M	-721.9M	5.6M	17.4M
Dividends paid	-67.5M	-45.7M	-45.2M	-45.6M	-11.4M	0	0	-22.1M	-21.9M	0
Share repurchases	-66.4M	-90.5M	-3.6M	-18.6M	-33.8M	0	-29.9M	-30.1M	-6M	-13.6M
Financing cash flow	32.6M	222.1M	-62.4M	75.1M	164.6M	285.5M	33.1M	212.9M	-201.3M	-280.9M
Net change in cash	-35.7M	-16.6M	16.1M	33.5M	51.5M	189.4M	-205.1M	-164.8M	92.7M	126.3M
Free cash flow	148.4M	-189.6M	21.8M	-64.6M	-46.5M	294.6M	-131.6M	-105.2M	38.3M	75.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	—	—	—	—	—	—	—	—	-43.6M	31.9M	42.5M	—
Depreciation & amortization	—	—	—	—	—	—	—	—	59M	58.4M	57.9M	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	—	—	—	—	—	—	—	—	16.6M	-58.2M	120.2M	—
Operating cash flow	—	—	—	—	—	—	—	—	-6.1M	112.2M	268.1M	46.1M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	—	—	—	—	—	—	—	—	97M	-14.9M	-99.9M	61.9M
Dividends paid	—	—	—	—	—	—	—	—	0	0	—	—
Share repurchases	—	—	—	—	—	—	—	—	-1.5M	-632K	-55K	-783K
Financing cash flow	272.7M	161.7M	18.8M	0	75.2M	293M	224.5M	99.3M	91M	-255.6M	-9M	428.9M
Net change in cash	272.7M	161.7M	18.8M	0	75.2M	293M	224.5M	99.3M	181.9M	-158.4M	159.2M	536.8M
Free cash flow	—	—	—	—	—	—	—	—	-121.7M	90.4M	222.6M	-74.6M

Allegiant Travel Co Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement