Allegiant Travel Company
- Open
- 114.68
- Day high
- 114.68
- Day low
- 111.85
- Prev close
- 116.10
- Volume
- 802K
- Mkt cap
- $3.2B
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- 3.0
- P/S
- 1.2
- Yield
- —
- Per share
- —
Allegiant Travel Company (ALGT) is a Industrials company listed on NASDAQ. The stock is up 101% over the past year. Drillr has 1 published research article covering ALGT.
Allegiant Travel Company (ALGT) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 5 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
ALGT earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $3.40 | $3.77 | +10.9% | $732M | +3.0% |
| Feb 4, 2026 | $2.01 | $2.86 | +42.3% | $656M | -4.7% |
| Nov 4, 2025 | $-1.84 | $-2.09 | -13.6% | $562M | -12.0% |
| Feb 4, 2025 | $0.48 | $2.10 | +337.5% | $628M | -12.6% |
| Jul 31, 2024 | $0.84 | $1.77 | +110.7% | $666M | +1.3% |
| Nov 2, 2023 | $0.13 | $0.09 | -30.8% | $565M | -2.5% |
| Aug 2, 2023 | $3.73 | $4.35 | +16.6% | $684M | +3.3% |
| May 3, 2023 | $2.30 | $3.04 | +32.2% | $650M | +3.3% |
| Feb 1, 2023 | $0.69 | $3.17 | +359.4% | $612M | +5.7% |
| Nov 2, 2022 | $-0.47 | $-0.54 | -14.9% | $560M | +0.7% |
| Aug 3, 2022 | $0.62 | $0.62 | +0.0% | $630M | +0.1% |
| May 4, 2022 | $0.10 | $-0.12 | -220.0% | $500M | +41.4% |
ALGT insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| May 15, 2026 | VOGEL JENNIFER Ldirector | Grant | 1,000 | — |
| May 15, 2026 | Bricker Judedirector | Grant | 1,000 | — |
| May 15, 2026 | Kennedy Thomas Cdirector | Grant | 1,000 | — |
| May 15, 2026 | Bricker Judedirector | Tax | 40,437 | $75.21 |
| Apr 14, 2026 | Hollingsworth Tyler Jayofficer: SVP, Chief Operating Officer | Tax | 87 | $85.58 |
| Apr 6, 2026 | Anderson Gregory Clarkdirector, officer: CEO | Tax | 4,832 | $83.12 |
| Apr 6, 2026 | Neal Robert Jamesofficer: President & CFO | Tax | 179 | $82.84 |
| Apr 6, 2026 | Wells Drew Allenofficer: EVP, Chief Commercial Officer | Tax | 179 | $82.84 |
| Mar 6, 2026 | Neal Robert Jamesofficer: President & CFO | Grant | 10,428 | — |
| Mar 6, 2026 | Anderson Gregory Clarkdirector, officer: CEO | Grant | 1,947 | — |
| Mar 6, 2026 | Wells Drew Allenofficer: EVP, Chief Commercial Officer | Grant | 9,748 | — |
| Mar 6, 2026 | Hollingsworth Tyler Jayofficer: SVP, Chief Operating Officer | Grant | 6,681 | — |
| Feb 20, 2026 | Aretos Rebeccaofficer: SVP, Chief Accounting Officer | Grant | 1,822 | — |
| Feb 10, 2026 | GALLAGHER MAURICE J JRdirector, 10 percent owner, officer: Executive Chairman | Sell | 56,243 | $114.81 |
| Feb 10, 2026 | Hollingsworth Tyler Jayofficer: SVP, Chief Operating Officer | Grant | 6,812 | — |
Source: ALGT SEC Form 4 filings, latest May 15, 2026. For informational purposes only — not investment advice.
See the full ALGT insider & 13F page →Allegiant Travel Company company profile
Overview
Allegiant Travel Company (NASDAQ:ALGT) is a Las Vegas-based leisure travel company founded in 1997 that specializes in providing low-cost air travel to underserved markets across the United States. The company went public in December 2006 and has built its business model around connecting smaller cities to popular vacation destinations through scheduled, limited-frequency flights. Beyond its core airline operations, Allegiant has expanded into the hospitality sector with the development of Sunseeker Resort, which opened in December 2023 in Florida's Charlotte Harbor.
Business
Allegiant operates primarily in the leisure travel industry, focusing on what is known as the ultra-low-cost carrier (ULCC) segment of commercial aviation. The company's core business revolves around providing scheduled air transportation services between smaller, underserved cities and popular leisure destinations such as Las Vegas, Florida, and other vacation hotspots. The airline operates with a unique business model compared to traditional carriers. Rather than offering frequent daily flights between major hub cities, Allegiant provides limited-frequency service, typically flying routes only a few times per week. This approach allows them to serve markets that larger airlines find unprofitable while maintaining cost efficiency. As of recent reports, the company operates a fleet of approximately 110 Airbus A320 series aircraft, with plans to integrate Boeing 737 MAX aircraft into their operations. **Business Segments:** 1. **Airline Operations (Primary Revenue Driver - approximately 95% of total revenue):** This includes scheduled passenger service, ancillary services like baggage fees, seat assignments, priority boarding, food and beverage sales, and travel protection products. The airline also generates revenue from its co-branded credit card program and call center services. 2. **Sunseeker Resort Operations (approximately 2-3% of revenue):** The company owns and operates a luxury resort in Florida's Charlotte Harbor, featuring 785 rooms when fully operational. The resort targets Allegiant's customer base and aims to create a vertically integrated leisure travel experience. 3. **Third-Party Travel Products (approximately 2-3% of revenue):** Allegiant acts as a distributor for hotel accommodations, rental cars, and other ground transportation services, earning commissions on bookings made through their platform.
Revenue model
Allegiant generates revenue through multiple streams within its integrated leisure travel ecosystem. The primary revenue source comes from airline ticket sales, where customers pay base fares for flights between underserved cities and leisure destinations. However, the company's profitability heavily depends on ancillary revenue, which has grown to over $79 per passenger as of Q1 2025, representing nearly 40% of total passenger revenue. The ancillary revenue model includes baggage fees, advance seat assignments (including premium "Allegiant Extra" seating with additional legroom), priority boarding, travel protection products, onboard food and beverage purchases, and booking fees. The company also earns revenue from its co-branded credit card program, which has grown significantly, and from third-party travel bookings where Allegiant receives commissions on hotel rooms, rental cars, and other travel services sold to its passengers. Sunseeker Resort operates on a traditional hospitality model, generating revenue from room bookings, food and beverage services, meeting and event spaces, and recreational activities. The resort particularly focuses on group bookings and targets Allegiant's existing customer base for cross-selling opportunities. **Factors Affecting Profitability:** Margins are significantly influenced by fuel costs, which represent one of the largest expense categories for the airline. The company benefits from lower fuel prices but faces margin pressure when oil prices rise. Seasonal demand patterns also impact profitability, with peak leisure travel periods (summer and winter holidays) driving higher utilization and pricing power, while off-peak periods can pressure margins. Competition from other low-cost carriers and major airlines entering Allegiant's routes can compress pricing power. Labor costs, particularly pilot wages and benefits, represent another significant margin factor, especially given ongoing industry-wide pilot shortages. Aircraft utilization rates directly impact unit costs, with higher utilization during peak periods improving overall economics. External factors like weather disruptions, regulatory changes, and economic downturns affecting discretionary leisure spending can also materially impact margins.
Competitive moat
Allegiant's competitive moat is relatively narrow but defensible within its specific market niche. The company's primary competitive advantage lies in its focus on underserved, smaller metropolitan areas where it often operates as the only carrier providing nonstop service to popular leisure destinations. This geographic specialization creates local monopoly-like conditions on many routes, allowing for higher pricing power and customer loyalty in these markets. The company's integrated approach to leisure travel, combining flights with hotel bookings, rental cars, and now its own resort property, creates some customer stickiness and operational synergies that competitors would find difficult to replicate quickly. Allegiant's deep knowledge of leisure travel patterns from smaller cities and its established relationships with airports in these underserved markets provide additional barriers to entry. However, the moat faces several vulnerabilities. The company's routes are not particularly complex to replicate - other low-cost carriers could potentially enter these markets if they prove sufficiently profitable. Major airlines with larger fleets and financial resources could also choose to serve these routes, particularly during economic upturns when capacity expansion is attractive. The leisure travel focus makes the business cyclical and vulnerable to economic downturns, as vacation spending is typically among the first expenses consumers cut during financial stress. The ultra-low-cost carrier model also faces increasing competition from Spirit Airlines, Frontier Airlines, and other budget carriers, while major airlines have introduced basic economy fares that compete directly with Allegiant's price points. Additionally, the company's heavy reliance on ancillary fees makes it vulnerable to regulatory changes that could limit such revenue streams.
Risks & safety
**Overall Assessment:** Allegiant presents moderate financial risk with concerning liquidity metrics but manageable debt levels and improving operational performance. **Debt and Solvency:** - Current ratio of 0.90 indicates potential short-term liquidity challenges - Debt-to-equity ratio of 1.88 shows moderate leverage but within acceptable ranges for capital-intensive airline industry - Cash position of $284 million provides reasonable buffer - Free cash flow of $117 million in Q1 2025 demonstrates improving cash generation **Valuation Metrics:** - P/E ratio of 7.2 suggests potential undervaluation relative to earnings - Price-to-book ratio of 0.83 indicates trading below book value - EV/EBITDA of 4.68 appears reasonable for airline industry - Graham number of $49.85 vs. current price of $51.22 suggests fair to slight overvaluation **Other Considerations:** - Seasonal cash flow volatility typical of leisure travel business - Sunseeker Resort sale process could improve balance sheet if completed successfully - Boeing MAX integration and capacity expansion plans require careful capital management
Recent development
Over the past few years, Allegiant has undergone significant strategic transformation focused on operational improvement and diversification. The company has prioritized restoring peak period aircraft utilization, which had declined during the pandemic, with management targeting 9+ hours per aircraft during peak leisure travel periods by implementing better scheduling and operational efficiency measures. A major strategic initiative has been the integration of Boeing 737 MAX aircraft into the fleet, with the first aircraft entering service in September 2024. The MAX aircraft offer approximately 35% better EBITDA performance per aircraft compared to older Airbus A320s, while providing similar depreciation profiles. The company plans to take delivery of 12 MAX aircraft in 2025, representing a significant fleet modernization effort. The launch of Sunseeker Resort in December 2023 marked Allegiant's most ambitious diversification move, creating a vertically integrated leisure travel experience. However, the resort has underperformed initial expectations, leading management to initiate a strategic review process in 2024 with the goal of completing a sale or bringing in strategic partners by summer 2025. Technology upgrades have been another key focus, with the implementation of the Navitaire revenue management system enabling better pricing optimization and the introduction of enhanced ancillary products. The company has retrofitted over 50% of its fleet with "Allegiant Extra" premium seating and expanded payment options including PayPal and buy-now-pay-later services. The co-branded credit card program has shown strong growth, with cardholders increasing 11% year-over-year. Cost management initiatives have included approximately $20 million in annual cost savings and a $15 million reduction in fixed costs for 2025, while the company suspended its dividend to preserve liquidity and focus on operational improvements.
ALGT company profile · for informational purposes only — not investment advice.
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