Allegiant Travel (ALGT) financial statements
Allegiant Travel reported revenue of $2.3B in fiscal 2025, up 7.0% a year over 9 years.
Net income was -$45M and the operating margin 1.6%, against 29.4% in 2016.
Free cash flow was $75M, and the company returned $14M in net buybacks.
The diluted share count rose 9% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Allegiant Travel's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | $1.5B | $1.7B | $902M | $1.6B | $2.1B | $2.3B | $2.2B | $2.3B |
| Operating income | $373M | $231M | $243M | $364M | -$281M | $263M | $92M | $221M | -$240M | $37M |
| Interest expense | $29M | $42M | $56M | $77M | $62M | $68M | $116M | $153M | $156M | $150M |
| Pre-tax income | $348M | $199M | $199M | $301M | -$361M | $197M | $5M | $159M | -$308M | -$55M |
| Income tax | $127M | $859,000 | $38M | $69M | -$177M | $45M | $2M | $41M | -$68M | -$10M |
| Net income | $220M | $195M | $162M | $232M | -$184M | $152M | $2M | $118M | -$240M | -$45M |
| EPS (diluted) | $13.29 | $12.13 | $10.00 | $14.26 | -$11.53 | $8.68 | $0.14 | $6.29 | -$13.49 | -$2.48 |
| Diluted shares | 16M | 16M | 16M | 16M | 16M | 17M | 18M | 18M | 18M | 18M |
| Operating margin | 29.4% | 16.8% | 15.9% | 21.6% | -31.1% | 16.7% | 4.3% | 9.5% | -10.8% | 1.6% |
| Net margin | 17.3% | 14.2% | 10.5% | 13.8% | -20.4% | 9.6% | 0.1% | 5.1% | -10.8% | -1.9% |
Balance sheet
Fiscal years, from Allegiant Travel's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $334M | $412M | $396M | $458M | $685M | $1.2B | $955M | $815M | $781M | $806M |
| Receivables | $41M | $71M | $36M | $26M | $192M | $63M | $107M | $71M | $90M | $57M |
| Total current assets | $422M | $541M | $495M | $562M | $944M | $1.3B | $1.3B | $1.0B | $992M | $968M |
| Property, plant and equipment | $1.1B | $1.5B | $1.8B | $2.2B | $2.1B | $2.3B | $2.8B | $3.4B | $3.1B | $2.9B |
| Total assets | $1.7B | $2.2B | $2.5B | $3.0B | $3.3B | $4.0B | $4.5B | $4.9B | $4.4B | $4.2B |
| Total current liabilities | $393M | $544M | $514M | $613M | $689M | $663M | $870M | $1.2B | $1.3B | $1.0B |
| Long-term debt | $722M | $950M | $1.1B | $1.2B | $1.4B | $1.6B | $1.9B | $1.8B | $1.6B | $1.7B |
| Total liabilities | $1.2B | $1.6B | $1.8B | $2.1B | $2.6B | $2.8B | $3.3B | $3.5B | $3.3B | $3.2B |
| Shareholders' equity | $474M | $553M | $690M | $884M | $699M | $1.2B | $1.2B | $1.3B | $1.1B | $1.1B |
| Net debt | $744M | $1.1B | $1.2B | $1.3B | $1.5B | $1.4B | $1.9B | $2.1B | $1.8B | $1.6B |
Cash flow
Fiscal years, from Allegiant Travel's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $348M | $391M | $357M | $442M | $235M | $538M | $303M | $423M | $338M | $390M |
| Capital spending | $200M | $580M | $335M | $507M | $281M | $244M | $435M | $528M | $300M | $315M |
| Free cash flow | $148M | -$190M | $22M | -$65M | -$47M | $295M | -$132M | -$105M | $38M | $75M |
| Stock-based compensation | $9M | $14M | $15M | $18M | $19M | $16M | $15M | $30M | $23M | $11M |
| Dividends paid | $68M | $46M | $45M | $46M | $11M | $0 | $0 | $22M | $22M | $0 |
| Share buybacks (net) | -$66M | -$90M | -$4M | -$19M | -$34M | $0 | -$30M | -$30M | -$6M | -$14M |
| Net borrowing | $167M | $359M | -$21M | $169M | $210M | -$19M | $162M | $162M | -$199M | -$267M |
| Free cash flow margin | 11.7% | -13.8% | 1.4% | -3.8% | -5.2% | 18.7% | -6.2% | -4.5% | 1.7% | 3.2% |
| Dividends per share | $4.10 | $2.84 | $2.83 | $2.84 | $0.71 | — | — | $1.23 | $1.23 | — |
Questions
What was Allegiant Travel's revenue in 2025?
$2.3B in fiscal 2025, from its 10-K filing.
How much free cash flow does Allegiant Travel generate?
$75M in fiscal 2025 (operating cash flow minus capital spending).
From Allegiant Travel's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.