Allegiant Travel COALGT

NasdaqIndustrialsAir Transportation, Scheduled
Price (close)
$79.09
Market cap
$2.2B
P/E
83.2x
Revenue (TTM)
$2.9B
Net income
$26.0M
Dividend yield
—
1-year total return
33.5%
Net margin
0.9%
Revenue growth
12.2%
Debt / equity
1.56x

What Allegiant Travel CO does.

We are a leisure travel company focused on providing travel and leisure services and products to residents of under-served cities in the United States. Our vision is to be the leading airline in the communities we serve, offering reliable, nonstop travel at unbeatable value. We were founded in 1997 and, in conjunction with our initial public offering in 2006, we incorporated in the state of Nevada. Our unique business model provides diversified revenue streams from various travel services and product offerings which distinguish us from other travel companies. We operate a low-cost, low utilization passenger airline marketed primarily to leisure travelers in under-served cities, allowing us to sell air transportation both on a stand-alone basis and bundled with the sale of air-related and third party services and products. In addition, we provide air transportation under fixed fee flight arrangements. Our developed nation-wide route network, pricing philosophy, direct distribution, award-winning loyalty programs, advertising, and product offerings built around relationships with premier leisure companies, are all intended to appeal to leisure travelers and make it attractive for them to purchase air travel and related services and products from us.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$990.1M$1.7B$2.3B$2.5B$2.5B$2.6B
Net income-$184.1M$151.9M$2.5M$117.6M-$240.2M-$44.7M
Free cash flow-$46.5M$294.6M-$131.6M-$105.2M$38.3M$75.1M

More on ALGT.

Figures from Allegiant Travel CO's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.