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AL

Allegiant Travel Company

ALGTIndustrialsNASDAQ

Airlines

PriceMA150MA200
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Financials · Annual
Revenue
$2.61B
+3.7% YoY
Net Income
-$44.7M
+81.4% YoY
EBITDA
$326.9M
+437.2% YoY
Free Cash Flow
-$27.6M

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About Allegiant Travel Company

Allegiant Travel Company, a leisure travel company, provides travel and leisure services and products to residents of under-served cities in the United States. Valued at $2.46B, ALGT is a mid-cap name in its sector. The company offers scheduled air transportation on limited-frequency, nonstop flights between underserved cities and leisure destinations.

Key stats
Market Cap$2.46B
Fwd P/E9.21
EPS$-1.92
Beta1.50
52W Change+66.1%
ROE-3.1%
Analysis

Allegiant Travel Company carries $1.85B in total debt against $902.2M in cash reserves — debt is roughly 2.1x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$27.6M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -3.1% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.6% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $1.71B (2021) to $2.61B (2025), reflecting a 53% increase over the period.

The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing ALGT.

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