ALGTNasdaqAir Transportation, ScheduledFiscal year ends December 31
Allegiant Travel CO
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$66.31−0.67 (-1.00%)
Close on Oct 19, 2026
- Market cap
- $1.52B
- P/E (TTM)
- 46.0
- Dividend yield
- 0.00%
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
1.4%+29.8 pts over 5 years
Net margin
-1.7%+16.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.7% | +4.2% | +21.4% | +7.5% | |
| Operating income | – | -26.0% | – | -20.6% | |
| Free cash flow | +96.1% | – | – | -4.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 53.6% | -23.3% | -4.2% | |
| Return on assets | 14.6% | -5.9% | -1.0% | |
| Current ratio | 1.07 | 1.37 | 0.95 | |
| Debt to equity | 1.71 | 2.37 | 1.71 | |
| Net debt to EBITDA | 1.53× | -14.22× | 5.68× | |
| Interest coverage | 12.9× | -4.6× | 0.2× | |
| Capex to revenue | 14.5% | 28.4% | 12.1% | |
| Diluted shares | 16M | 16M | 18M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Allegiant Travel generated $1.99B from operations and spent $1.95B on capital expenditure, dividends and share buybacks. 94% of that went back into the business.
Generated
$1.99B
Used
$1.95B
Capital expenditure$1.82B94%Dividends$44.08M2%Share buybacks$79.60M4%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-1.7%
×Asset turnover0.60×
×Equity multiplier4.03×
=Return on equity, FY2025-4.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -1.7% | 0.60× | 4.03× | -4.2% |
| FY2024 | -9.6% | 0.54× | 3.84× | -19.9% |
| FY2023 | 4.7% | 0.54× | 3.67× | 9.2% |
| FY2022 | 0.1% | 0.54× | 3.48× | 0.2% |
| FY2021 | 8.9% | 0.47× | 3.77× | 15.8% |
| FY2020 | -18.6% | 0.32× | 3.96× | -23.3% |
| FY2019 | 12.6% | 0.67× | 3.50× | 29.5% |
| FY2018 | 9.7% | 0.71× | 3.76× | 26.0% |
| FY2017 | 13.1% | 0.78× | 3.75× | 38.6% |
| FY2016 | 16.0% | 0.91× | 3.68× | 53.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$44.70M
- Cash generatingOperating cash flow above zero$389.77M
- Return on assets improvedROA up on the prior year-4.9% → -1.0%
- Earnings backed by cashOperating cash flow above net income$389.77M vs -$44.70M
- Less leverageLong-term debt to assets fell36.4% → 39.9%
- Better liquidityCurrent ratio rose0.78 → 0.95
- No dilutionShare count did not rise18M → 18M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.52 → 0.59