Allegiant Travel Co Financials
This page shows Allegiant Travel Co (ALGT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Allegiant Travel Co has an operating margin of -9.6%, meaning the company retains $-10 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 8.8% the prior year.
Allegiant Travel Co's revenue grew a modest 0.1% year-over-year to $2.5B. This slow but positive growth earns a score of 29/100.
Allegiant Travel Co has a moderate D/E ratio of 1.48. This balance of debt and equity financing earns a leverage score of 56/100.
Allegiant Travel Co's current ratio of 0.78 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 11/100, which could limit financial flexibility.
While Allegiant Travel Co generated $338.5M in operating cash flow, capex of $300.2M consumed most of it, leaving $38.3M in free cash flow. This results in a low score of 8/100, reflecting heavy capital investment rather than weak cash generation.
Allegiant Travel Co passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Allegiant Travel Co generates $-1.41 in operating cash flow ($338.5M OCF vs -$240.2M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Allegiant Travel Co earns $-1.5 in operating income for every $1 of interest expense (-$240.0M vs $156.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Allegiant Travel Co generated $2.5B in revenue in fiscal year 2024. This represents an increase of 0.1% from the prior year.
Allegiant Travel Co's EBITDA was $18.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 95.9% from the prior year.
Allegiant Travel Co generated $38.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 136.4% from the prior year.
Allegiant Travel Co reported -$240.2M in net income in fiscal year 2024. This represents a decrease of 304.3% from the prior year.
Allegiant Travel Co earned $-13.49 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 314.5% from the prior year.
Allegiant Travel Co held $285.9M in cash against $1.6B in long-term debt as of fiscal year 2024.
Allegiant Travel Co paid $1.20 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Allegiant Travel Co's operating margin was -9.6% in fiscal year 2024, reflecting core business profitability. This is down 18.4 percentage points from the prior year.
Allegiant Travel Co's net profit margin was -9.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 14.3 percentage points from the prior year.
Allegiant Travel Co spent $6.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 80.0% from the prior year.
Allegiant Travel Co invested $300.2M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 43.2% from the prior year.
ALGT Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $561.9M-18.5% | $689.4M-1.4% | $699.1M+11.4% | $627.7M-5.8% | $666.3M+1.5% | $656.4M+7.4% | $611.0M+8.1% | $565.4M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | -$27.2M+59.7% | -$67.5M-203.8% | $65.0M+124.6% | -$264.0M-856.5% | $34.9M+125.9% | $15.4M+45.6% | $10.6M+159.3% | -$17.9M |
| Interest Expense | $38.1M+6.6% | $35.8M-12.3% | $40.8M+8.3% | $37.7M-4.7% | $39.5M-1.5% | $40.2M-0.8% | $40.5M+3.2% | $39.2M |
| Income Tax | -$8.6M+63.3% | -$23.4M-337.8% | $9.8M+115.0% | -$65.5M-1613.3% | $4.3M+1134.9% | -$418K-356.4% | $163K+103.4% | -$4.9M |
| Net Income | -$43.6M+33.1% | -$65.2M-303.0% | $32.1M+114.8% | -$216.2M-1678.4% | $13.7M+1590.6% | -$919K+53.0% | -$2.0M+92.2% | -$25.1M |
| EPS (Diluted) | $-2.41+33.4% | $-3.62-309.2% | $1.73+114.3% | $-12.12-1716.0% | $0.75+1171.4% | $-0.07+56.3% | $-0.16+88.9% | $-1.44 |
ALGT Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.4B+0.1% | $4.4B-2.5% | $4.5B+1.7% | $4.4B-9.7% | $4.9B-0.6% | $4.9B+1.6% | $4.9B-1.1% | $4.9B |
| Current Assets | $1.1B-7.6% | $1.2B+11.9% | $1.1B+8.7% | $991.6M+1.1% | $980.5M-2.6% | $1.0B+0.6% | $1.0B-12.4% | $1.1B |
| Cash & Equivalents | $316.2M+50.7% | $209.9M-26.0% | $283.8M-0.7% | $285.9M+32.5% | $215.8M+11.6% | $193.4M+35.0% | $143.3M-49.6% | $284.2M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $3.4B+1.3% | $3.3B-1.7% | $3.4B+1.5% | $3.3B-6.4% | $3.6B-1.2% | $3.6B+2.4% | $3.5B-1.2% | $3.6B |
| Current Liabilities | $1.1B+4.4% | $1.1B-8.7% | $1.2B-6.2% | $1.3B-3.4% | $1.3B+0.1% | $1.3B+10.1% | $1.2B+14.3% | $1.0B |
| Long-Term Debt | $1.8B+0.4% | $1.8B+1.8% | $1.7B+8.4% | $1.6B-7.0% | $1.7B-3.1% | $1.8B-1.7% | $1.8B-9.9% | $2.0B |
| Total Equity | $1.0B-3.8% | $1.1B-5.1% | $1.1B+2.1% | $1.1B-18.3% | $1.3B+0.8% | $1.3B-0.5% | $1.3B-1.1% | $1.3B |
| Retained Earnings | $926.6M-4.5% | $970.2M-6.3% | $1.0B+3.2% | $1.0B-20.1% | $1.3B+0.2% | $1.3B-0.9% | $1.3B-1.0% | $1.3B |
ALGT Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$6.1M-106.6% | $92.2M-51.8% | $191.4M+126.8% | $84.4M+22.4% | $68.9M-58.9% | $167.8M+212.9% | $53.6M+134.8% | $22.8M |
| Capital Expenditures | $129.3M-6.8% | $138.8M+86.3% | $74.5M+23.4% | $60.3M+40.0% | $43.1M-67.3% | $131.9M+8.9% | $121.1M-48.7% | $235.8M |
| Free Cash Flow | -$135.3M-191.0% | -$46.5M-139.8% | $116.9M+386.3% | $24.0M-7.0% | $25.8M-28.1% | $35.9M+153.3% | -$67.5M+68.3% | -$213.0M |
| Investing Cash Flow | $32.0M+126.7% | -$119.9M+1.6% | -$121.9M-362.6% | $46.4M+387.1% | -$16.2M+82.7% | -$93.6M+49.3% | -$184.4M-839.7% | -$19.6M |
| Financing Cash Flow | $91.0M+292.8% | -$47.2M+31.6% | -$69.0M+42.2% | -$119.4M-286.3% | -$30.9M-31.3% | -$23.5M-44.4% | -$16.3M-112.1% | $134.8M |
| Dividends Paid | $0 | $0 | $0+100.0% | -$1K-100.0% | $11.0M+0.3% | $11.0M-1.0% | $11.1M-0.2% | $11.1M |
| Share Buybacks | $1.5M+324.6% | $350K-96.9% | $11.1M+1155.1% | $886K-69.2% | $2.9M+1914.0% | $143K-98.9% | $13.2M+832.0% | $1.4M |
ALGT Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -4.8%+5.0pp | -9.8%-19.1pp | 9.3%+51.3pp | -42.0%-47.3pp | 5.2%+2.9pp | 2.4%+0.6pp | 1.7%+4.9pp | -3.2% |
| Net Margin | -7.8%+1.7pp | -9.4%-14.0pp | 4.6%+39.0pp | -34.4%-36.5pp | 2.1%+2.2pp | -0.1%+0.2pp | -0.3%+4.1pp | -4.4% |
| Return on Equity | N/A | N/A | 2.9% | N/A | 1.0% | N/A | N/A | N/A |
| Return on Assets | -1.0%+0.5pp | -1.5%-2.2pp | 0.7%+5.6pp | -4.9%-5.2pp | 0.3%+0.3pp | -0.0%+0.0pp | -0.0%+0.5pp | -0.5% |
| Current Ratio | 0.98-0.1 | 1.10+0.2 | 0.90+0.1 | 0.78+0.0 | 0.74-0.0 | 0.76-0.1 | 0.83-0.3 | 1.09 |
| Debt-to-Equity | 1.76+0.1 | 1.68+0.1 | 1.57+0.1 | 1.48+0.2 | 1.30-0.1 | 1.35-0.0 | 1.37-0.1 | 1.50 |
| FCF Margin | -24.1%-17.3pp | -6.8%-23.5pp | 16.7%+12.9pp | 3.8%-0.1pp | 3.9%-1.6pp | 5.5%+16.5pp | -11.0%+26.6pp | -37.7% |
Note: The current ratio is below 1.0 (0.78), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Allegiant Travel Co's annual revenue?
Allegiant Travel Co (ALGT) reported $2.5B in total revenue for fiscal year 2024. This represents a 0.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Allegiant Travel Co's revenue growing?
Allegiant Travel Co (ALGT) revenue grew by 0.1% year-over-year, from $2.5B to $2.5B in fiscal year 2024.
Is Allegiant Travel Co profitable?
No, Allegiant Travel Co (ALGT) reported a net income of -$240.2M in fiscal year 2024, with a net profit margin of -9.6%.
What is Allegiant Travel Co's earnings per share (EPS)?
Allegiant Travel Co (ALGT) reported diluted earnings per share of $-13.49 for fiscal year 2024. This represents a -314.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Allegiant Travel Co's EBITDA?
Allegiant Travel Co (ALGT) had EBITDA of $18.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Allegiant Travel Co have?
As of fiscal year 2024, Allegiant Travel Co (ALGT) had $285.9M in cash and equivalents against $1.6B in long-term debt.
What is Allegiant Travel Co's operating margin?
Allegiant Travel Co (ALGT) had an operating margin of -9.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Allegiant Travel Co's net profit margin?
Allegiant Travel Co (ALGT) had a net profit margin of -9.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Allegiant Travel Co pay dividends?
Yes, Allegiant Travel Co (ALGT) paid $1.20 per share in dividends during fiscal year 2024.
What is Allegiant Travel Co's free cash flow?
Allegiant Travel Co (ALGT) generated $38.3M in free cash flow during fiscal year 2024. This represents a 136.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Allegiant Travel Co's operating cash flow?
Allegiant Travel Co (ALGT) generated $338.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Allegiant Travel Co's total assets?
Allegiant Travel Co (ALGT) had $4.4B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Allegiant Travel Co's capital expenditures?
Allegiant Travel Co (ALGT) invested $300.2M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Allegiant Travel Co buy back shares?
Yes, Allegiant Travel Co (ALGT) spent $6.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
What is Allegiant Travel Co's current ratio?
Allegiant Travel Co (ALGT) had a current ratio of 0.78 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Allegiant Travel Co's debt-to-equity ratio?
Allegiant Travel Co (ALGT) had a debt-to-equity ratio of 1.48 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Allegiant Travel Co's return on assets (ROA)?
Allegiant Travel Co (ALGT) had a return on assets of -5.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Allegiant Travel Co's Piotroski F-Score?
Allegiant Travel Co (ALGT) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Allegiant Travel Co's earnings high quality?
Allegiant Travel Co (ALGT) has an earnings quality ratio of -1.41x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Allegiant Travel Co cover its interest payments?
Allegiant Travel Co (ALGT) has an interest coverage ratio of -1.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Allegiant Travel Co?
Allegiant Travel Co (ALGT) scores 21 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.