Allegiant Travel (ALGT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Allegiant Travel

NasdaqGS•Industrials•Airlines

$78.64+0.48(0.01%)Pre-market

Market Cap

$1.81B

P/E

69.6x

P/S

0.6x

P/B

1.0x

Allegiant Travel Company, a leisure travel company, provides travel and leisure services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between underserved cities and leisure destinations. As of February 1, 2026, it operated a fleet of 106 Airbus A320 series aircraft and 16 Boeing 737 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including larger seats, baggage fees, advance seat assignments, travel protection products, change fees, priority boarding, customer convenience fee, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms, rental cars, and travel insurance from a third-party insurer; air transportation services; and charter services on a year-round and ad-hoc basis. Further, the company owns and operates a golf course. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.

How this company scores

WeakMetricSide Score: 60/100

Grade capped at D — Interest coverage below 1× (0.5x) — earnings cannot cover interest. Strongest: Growth (20/25); weakest: Profitability (10/25).

Profitability10/25

Growth20/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality19/25

Strengths

Rising earningsCash-backed earningsProfit converts from growthImproving leverage

Grade capped at D

Interest coverage below 1× (0.5x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 69.6x5y range 13.1x – 257.3x

Currently above its 11-quarter median.

P/S · 0.6x5y range 0.4x – 2.7x

Currently near its 20-quarter median.

P/B · 1.0x5y range 0.7x – 3.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $1.81B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.89B
Q. Revenue: $943.49M
TTM EBITDA: $141.87M
TTM Op. Income: $141.87M
Q. Op. Income: $21.11M
TTM Net Income: $25.98M
Q. Net Income: $-4.86M
EPS: $-0.21
Shares Out.: $22.85M

$2.89B in TTM revenue grew 12.2% YoY, reaching $943.49M last quarter. TTM EBITDA of $141.87M and TTM operating income of $141.87M show growth is flowing through to the bottom line. TTM net income of $25.98M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 2.2%
Op. Margin: 2.2%
Net Margin: -0.5%

Op. margin of 2.2% is up 12.0% YoY — cost efficiency is improving. Net margin at -0.5% Over the past year, operating margin is up 123% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 69.6x
P/S Ratio: 0.6x
P/B Ratio: 1.0x

At 69.6x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 0.6x and P/B of 1.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $6.44B
Cash: $508.68M
Long-Term Debt: $2.46B
Book Value: $1.78B
D/E Ratio: 1.4
Debt/EBITDA: 116.5

With $6.44B in assets and $2.46B in long-term debt, D/E is 1.4and book value is $1.78B — moderate leverage. Across the last 8 quarters, debt/equity has fallen for 3 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $46.08M
TTM Free Cash Flow: $116.69M
FCF Margin: 4.0%
FCF / Net Income: 4.5

TTM FCF of $116.69M on $46.08M in operating cash flow. The FCF / Net Income ratio of 4.5x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 15% — a weakening trend.