Allegiant Travel Co Financials
Allegiant Travel Co (ALGT) reported $2.9B in revenue over the twelve months to Jun 30, 2026, up 12.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Cash generation is recovering, but a debt-heavy, capital-intensive model keeps accounting profit pinned below breakeven.
By FY2025, operating cash flow was$390M and free cash flow stayed positive at$75M even with a net loss, which points to depreciation and lower reinvestment carrying more weight than earnings alone suggest. But interest expense of$150M still ran well above operating income of$37M , so the operating recovery is being absorbed by financing costs before it can reach the bottom line.
The business looks less like a demand problem than a margin-shape problem: revenue in FY2025 was only modestly above FY2023, yet operating margin shrank from
The balance sheet is doing less buffering than it once did. A current ratio of 0.95x and cash of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Allegiant Travel Co's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Allegiant Travel Co has an operating margin of 1.4%, meaning the company retains $1 of operating profit per $100 of revenue. This results in a moderate score of 30/100, indicating healthy but not exceptional operating efficiency. This is up from -9.6% the prior year.
Allegiant Travel Co's revenue grew a modest 3.7% year-over-year to $2.6B. This slow but positive growth earns a score of 38/100.
Allegiant Travel Co has elevated debt relative to equity (D/E of 1.60), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 10/100, reflecting increased financial risk.
Allegiant Travel Co's current ratio of 0.95 is below the typical benchmark, resulting in a score of 17/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While Allegiant Travel Co generated $389.8M in operating cash flow, capex of $314.7M consumed most of it, leaving $75.1M in free cash flow. This results in a low score of 32/100, reflecting heavy capital investment rather than weak cash generation.
Allegiant Travel Co posts a -4.3% return on equity (ROE), meaning it loses $4 for every $100 of shareholders' equity. This results in a returns score of 29/100. This is up from -22.1% the prior year.
Allegiant Travel Co scores 1.38, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Allegiant Travel Co passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Allegiant Travel Co reported a net loss of $44.7M while generating $389.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Allegiant Travel Co earns $0.25 in operating income for every $1 of interest expense ($37.2M vs $150.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Allegiant Travel Co generated $2.6B in revenue in fiscal year 2025. This represents an increase of 3.7% from the prior year.
Allegiant Travel Co's EBITDA was $286.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1466.9% from the prior year.
Allegiant Travel Co reported -$44.7M in net income in fiscal year 2025. This represents an increase of 81.4% from the prior year.
Allegiant Travel Co earned -$2.48 per diluted share (EPS) in fiscal year 2025. This represents an increase of 81.6% from the prior year.
Cash & Balance Sheet
Allegiant Travel Co generated $75.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 96.1% from the prior year.
Allegiant Travel Co held $172.7M in cash against $1.7B in long-term debt as of fiscal year 2025.
Allegiant Travel Co paid $0.00 per share in dividends in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Margins & Returns
Allegiant Travel Co's operating margin was 1.4% in fiscal year 2025, reflecting core business profitability. This is up 11.0 percentage points from the prior year.
Allegiant Travel Co's net profit margin was -1.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 7.8 percentage points from the prior year.
Allegiant Travel Co's ROE was -4.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 17.8 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Allegiant Travel Co spent $13.6M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 125.3% from the prior year.
Allegiant Travel Co invested $314.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 4.8% from the prior year.
Not reported for fiscal year 2025.
ALGT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $943.5M+28.8% | $732.4M+11.6% | $656.2M+16.8% | $561.9M-18.5% | $689.4M-1.4% | $699.1M+11.4% | $627.7M+11.7% | $562.2M |
| SG&A Expenses | $250.3M+14.8% | $218.1M+14.1% | $191.1M-2.7% | $196.4M-8.3% | $214.1M-7.5% | $231.4M+15.0% | $201.2M+3.0% | $195.3M |
| Operating Income | $21.1M-74.0% | $81.1M+21.3% | $66.8M+345.8% | -$27.2M+59.7% | -$67.5M-203.8% | $65.0M+124.6% | -$264.0M-902.2% | -$26.3M |
| Interest Expense | $40.1M | N/A | $35.6M-6.7% | $38.1M+6.6% | $35.8M-12.3% | $40.8M+8.3% | $37.7M-3.6% | $39.1M |
| Income Tax | -$360K-101.5% | $23.5M+96.8% | $12.0M+239.4% | -$8.6M+63.3% | -$23.4M-337.8% | $9.8M+115.0% | -$65.5M-884.0% | -$6.7M |
| Net Income | -$4.9M-111.4% | $42.5M+33.0% | $31.9M+173.3% | -$43.6M+33.1% | -$65.2M-303.0% | $32.1M+114.8% | -$216.2M-487.7% | -$36.8M |
| EPS (Diluted) | -$0.21-109.1% | $2.30+29.2% | $1.78+173.9% | -$2.41+33.4% | -$3.62-309.2% | $1.73+114.3% | -$12.11-490.7% | -$2.05 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
ALGT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.4B+46.0% | $4.4B+4.9% | $4.2B-4.2% | $4.4B+0.1% | $4.4B-2.5% | $4.5B+1.7% | $4.4B-7.5% | $4.8B |
| Current Assets | $1.4B+27.2% | $1.1B+10.3% | $967.7M-13.2% | $1.1B-7.6% | $1.2B+11.9% | $1.1B+8.7% | $991.6M+6.6% | $930.6M |
| Cash & Equivalents | $508.7M+79.5% | $283.4M+64.1% | $172.7M-45.4% | $316.2M+50.7% | $209.9M-26.0% | $283.8M-0.7% | $285.9M+7.5% | $265.9M |
| Total Liabilities | $4.7B+40.6% | $3.3B+5.1% | $3.2B-6.5% | $3.4B+1.3% | $3.3B-1.7% | $3.4B+1.5% | $3.3B-4.2% | $3.5B |
| Current Liabilities | $1.6B+38.5% | $1.2B+15.7% | $1.0B-10.8% | $1.1B+4.4% | $1.1B-8.7% | $1.2B-6.2% | $1.3B+3.5% | $1.2B |
| Long-Term Debt | $2.5B+47.3% | $1.7B-0.7% | $1.7B-5.8% | $1.8B+0.4% | $1.8B+1.8% | $1.7B+8.4% | $1.6B-8.8% | $1.8B |
| Total Equity | $1.8B+62.2% | $1.1B+4.1% | $1.1B+3.7% | $1.0B-3.8% | $1.1B-5.1% | $1.1B+2.1% | $1.1B-16.2% | $1.3B |
| Retained Earnings | $996.2M-0.5% | $1.0B+4.4% | $958.6M+3.4% | $926.6M-4.5% | $970.2M-6.3% | $1.0B+3.2% | $1.0B-17.7% | $1.2B |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill.
ALGT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $46.1M-82.8% | $268.1M+139.0% | $112.2M+1953.8% | -$6.1M-106.6% | $92.2M-51.8% | $191.4M+126.8% | $84.4M+386.6% | $17.3M |
| Capital Expenditures | $120.7M+165.7% | $45.4M+108.8% | $21.8M-83.2% | $129.3M-6.8% | $138.8M+86.3% | $74.5M+23.4% | $60.3M+44.4% | $41.8M |
| Free Cash Flow | -$74.6M-133.5% | $222.6M+146.2% | $90.4M+166.8% | -$135.3M-191.0% | -$46.5M-139.8% | $116.9M+386.3% | $24.0M+198.3% | -$24.5M |
| Investing Cash Flow | -$225.9M-55.5% | -$145.3M-1271.0% | -$10.6M-133.1% | $32.0M+126.7% | -$119.9M+1.6% | -$121.9M-362.6% | $46.4M-32.6% | $68.9M |
| Financing Cash Flow | $420.0M+4784.8% | -$9.0M+96.5% | -$255.6M-381.0% | $91.0M+292.8% | -$47.2M+31.6% | -$69.0M+42.2% | -$119.4M-334.2% | -$27.5M |
| Dividends Paid | N/A | N/A | $0 | $0 | $0 | $0+100.0% | -$1K-200.0% | $1K |
| Share Buybacks | $783K+1323.6% | $55K-91.3% | $632K-57.5% | $1.5M+324.6% | $350K-96.9% | $11.1M+1155.1% | $886K-58.2% | $2.1M |
ALGT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 2.2%-8.8pp | 11.1%+0.9pp | 10.2%+15.0pp | -4.8%+5.0pp | -9.8%-19.1pp | 9.3%+51.3pp | -42.0%-37.4pp | -4.7% |
| Net Margin | -0.5%-6.3pp | 5.8%+0.9pp | 4.9%+12.6pp | -7.8%+1.7pp | -9.4%-14.0pp | 4.6%+39.0pp | -34.4%-27.9pp | -6.5% |
| Return on Equity | -0.3%-4.2pp | 3.9%+0.9pp | 3.0%+7.3pp | -4.3%+1.9pp | -6.2%-9.0pp | 2.9%+22.7pp | -19.8%-17.0pp | -2.8% |
| Return on Assets | -0.1%-1.0pp | 1.0%+0.2pp | 0.8%+1.8pp | -1.0%+0.5pp | -1.5%-2.2pp | 0.7%+5.6pp | -4.9%-4.1pp | -0.8% |
| Current Ratio | 0.83-0.1x | 0.910.0x | 0.950.0x | 0.98-0.1x | 1.10+0.2x | 0.90+0.1x | 0.780.0x | 0.75 |
| Debt-to-Equity | 1.38-0.1x | 1.52-0.1x | 1.60-0.2x | 1.76+0.1x | 1.68+0.1x | 1.57+0.1x | 1.48+0.1x | 1.36 |
| FCF Margin | -7.9%-38.3pp | 30.4%+16.6pp | 13.8%+37.9pp | -24.1%-17.3pp | -6.8%-23.5pp | 16.7%+12.9pp | 3.8%+8.2pp | -4.3% |
Not reported in any period shown, so not listed: Gross Margin.
Note: The current ratio is below 1.0 (0.95), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Allegiant Travel Co Ranks
Frequently Asked Questions
What is Allegiant Travel Co's annual revenue?
Allegiant Travel Co (ALGT) reported $2.6B in total revenue for fiscal year 2025. This represents a 3.7% 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 3.7% year-over-year, from $2.5B to $2.6B in fiscal year 2025.
Is Allegiant Travel Co profitable?
No, Allegiant Travel Co (ALGT) reported a net income of -$44.7M in fiscal year 2025, with a net profit margin of -1.7%.
What is Allegiant Travel Co's EBITDA?
Allegiant Travel Co (ALGT) had EBITDA of $286.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Allegiant Travel Co have?
As of fiscal year 2025, Allegiant Travel Co (ALGT) had $172.7M in cash and equivalents against $1.7B in long-term debt.
What is Allegiant Travel Co's operating margin?
Allegiant Travel Co (ALGT) had an operating margin of 1.4% in fiscal year 2025, 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 -1.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Allegiant Travel Co's return on equity (ROE)?
Allegiant Travel Co (ALGT) has a return on equity of -4.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Allegiant Travel Co's free cash flow?
Allegiant Travel Co (ALGT) generated $75.1M in free cash flow during fiscal year 2025. This represents a 96.1% 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 $389.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Allegiant Travel Co's total assets?
Allegiant Travel Co (ALGT) had $4.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Allegiant Travel Co's capital expenditures?
Allegiant Travel Co (ALGT) invested $314.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Allegiant Travel Co's current ratio?
Allegiant Travel Co (ALGT) had a current ratio of 0.95 as of fiscal year 2025, 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 1.60 as of fiscal year 2025, 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 -1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Allegiant Travel Co's Altman Z-Score?
Allegiant Travel Co (ALGT) has an Altman Z-Score of 1.38, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Allegiant Travel Co's Piotroski F-Score?
Allegiant Travel Co (ALGT) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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) reported a net loss of $44.7M while generating $389.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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 0.25x, 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 26 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.