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← CockpitCompetitor Analysis › ALGT Allegiant Travel CompanyOpen in the cockpit ↗

Allegiant Travel CompanyALGTCompetitor analysis, valuation and peers

United States · USD·Industrials›Airlines

Operates Allegiant Air, an ultra-low-cost US leisure airline connecting small cities to vacation destinations; also owns Sunseeker Resort.

Momentum strong 78
Mkt cap
$2.51B
US dollars, full cap
Free float
90%
of shares outstanding
$/day
$40.5M
20-day average traded
Fwd P/E
12.7×
forward earnings
ROIC−WACC
-4.1 pp
WACC 9.0%
Hurdle
n/a
no reverse DCF
Official | Implied
BB / BB-
agencies · bond market
Next earnings
89 days
3 Feb 2027
Close · USD$91.97
1D+5.0%
1W+28.9%
1M+20.4%
3M+2.7%
6M+10.8%
YTD+7.9%
1Y+26.7%
ATR %5.2%
Beta1.88
52w lowhigh25.6% off high

What Allegiant Travel does

Operates Allegiant Air, an ultra-low-cost US leisure airline connecting small cities to vacation destinations; also owns Sunseeker Resort.

Sells low base fares and adds paid extras such as bags, seats, and hotel and rental-car bundles, largely on its own website rather than through travel-agent systems. Flights run only on selected days between small-city airports and vacation spots, often with no rival nonstop service, so planes fly mainly when they can be filled.

Products and services

  • Allegiant Air leisure flights
  • Sunseeker Resort (Florida)
  • Ancillary fees (bags, seats)

Customers

  • Leisure travelers from small/mid-size US cities

Where it sits in the supply chain

  • Industrials
  • Ultra-low-cost airline
  • Leisure air travel + resort

What could go right

  • Leisure travel demand from underserved markets

What could go wrong

  • Sunseeker Resort execution/capex risk
  • Fuel price volatility

Moat: narrow (cost advantage, distribution). Point-to-point routes to underserved small cities avoid direct competition with larger low-cost carriers.

Headquarters: Las Vegas, Nevada, US · Founded: 1997 · Employees: 6,000

Named competitors

Allegiant Travel at a glance

Size Allegiant Travel (ALGT) is a United States Industrials company (Airlines) with a market value of $2.51B, the 1654th largest of 3,117 United States companies the cockpit tracks. Shares closed at $91.97 on 6 Nov 2026.

Performance Over six months the shares gained 10.8%, against +9.3% for the median peer and -1.1% for the United States market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue grew 12.2% over the last twelve months (peer median +9.5%); the operating margin is 8.6% (peer median 4.7%).

Valuation It trades at 12.7× forward earnings against a peer median of 16.8× (8th cheapest of 16).

Capital Return on invested capital runs 4.1 points below its cost of capital (9.0% WACC).

Credit Allegiant Travel has 1 bond outstanding ($650M), rated BB by the agencies and trading like BB- at a weighted spread of 245 bp.

Short interest Short interest is 7.8% of the free float (15 Oct 2026).

Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012014011 May 202611 Aug 20266 Nov 2026ALGT 116Peer median 111
Six months, rebased to 100: Allegiant Travel against the median of its 20 peers (local-currency closes).

Allegiant Travel financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$2.89B$2.61B$2.51B$2.51B$2.30B
Revenue growth—+4%0%+9%—
Gross profit$368M$274M$234M$364M$227M
EBITDA$496M$424M$386M$473M$324M
Net income$25.0M-$44.7M-$241M$113M$2.46M
Free cash flow-$166M$2.16M$3.25M-$447M-$132M
Capital expenditure$587M$388M$335M$870M$435M
Total debt$2.85B$1.86B$2.15B$2.36B$2.21B

Quarterly statements and history in the cockpit →

Allegiant Travel competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%+40%0%+20%AEROSKYW6037136038852646ULCC2610ACAFVGNWIZZNASALK000099JBLU002928EIF020560FIA1SALGT6-month return →1-month return →
Up and to the right = strong over both horizons. Allegiant Travel is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%+30%0×1,000×AEROSKYW6037132646ULCCAFNAS000099002928EIFCPAALGTRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Allegiant Travel is the large dot.

Allegiant Travel competitors and peer comparison

Head to head with its named competitors (ALGT vs ULCC vs LUV vs JBLU)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Allegiant Travel ALGT$2.51B+11%+12%9%12.7×n/a
Frontier ULCC$1.71B+40%+24%-15%1,818.4×31.6%
Southwest Airlines LUV$21.8B+8%+14%5%13.7×n/a
JetBlue Airways JBLU$1.38B-28%+10%-6%n/an/a
Alaska Air ALK$4.35B-5%+8%-1%n/an/a

How Allegiant Travel compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Allegiant Travel against its 20 peers (data as of 6 Nov 2026)
MeasureALGTPeer medianRank in peer set
1-month return+20.4%+4.8%3rd highest of 21
6-month return+10.8%+9.3%10th highest of 21
Distance from 52-week high-25.6%-24.1%11th highest of 21
Revenue growth (TTM)+12.2%+9.5%7th highest of 21
Operating margin8.6%4.7%7th highest of 21
Forward P/E12.7×16.8×8th cheapest of 16
ROIC minus cost of capital-4.1 pp+0.0 pp8th lowest of 21
EV / EBITDA9.6×4.7×3rd most expensive of 13
Net debt / EBITDA3.5×2.1×6th most indebted of 16
Bond spread245 bp181 bp2nd widest of 4

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Allegiant Travel ALGTUnited States$2.51B+11%+12%9%12.7×n/an/a
Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR AEROUnited States$2.32B+1%+10%11%10.4×-6.6%+32.3%
SkyWest SKYWUnited States$3.02B-10%+7%14%7.5×2.2%+13.8%
Milkyway Intelligent Supply Chain Service 603713.SSChina$1.90B+29%+15%8%16.8×n/an/a
Juneyao Airlines 603885.SSChina$3.42B-8%+8%1%69.5×0.4%+17.4%
Starlux Airlines 2646.TWTaiwan$1.76B-6%+23%1%52.3×n/an/a
Frontier ULCCUnited States$1.71B+40%+24%-15%1,818.4×31.6%+24.4%
China Airlines 2610.TWTaiwan$3.94B+17%+8%8%9.9×n/an/a
Air Canada AC.TOCanada$3.95B+10%+13%2%n/a14.3%+30.8%
Air France-KLM AF.PAFrance$3.99B+34%+5%6%4.7×-6.3%+24.4%
Virgin Australia VGN.AXAustralia$1.48B+18%+9%11%6.6×-13.4%+4.9%
Wizz Air WIZZ.LUnited Kingdom$1.48B+8%+11%-2%n/a3.4%+49.5%
Norwegian Air Shuttle NAS.OLNorway$1.47B-11%+3%6%22.0×-16.5%+35.8%
Alaska Air ALKUnited States$4.35B-5%+8%-1%n/an/an/a
CITIC Offshore Helicopter 000099.SZChina$1.41B-31%-9%12%30.3×1.8%+7.5%
JetBlue Airways JBLUUnited States$1.38B-28%+10%-6%n/an/an/a
China Express Airlines 002928.SZChina$1.34B-12%+4%-17%155.2×n/an/a
Exchange Income EIF.TOCanada$4.77B+13%+33%11%24.6×n/an/a
Asiana Airlines 020560.KSSouth Korea$1.21B+13%-17%-12%n/an/an/a
Finnair FIA1S.HEFinland$1.14B+38%+11%4%9.4×-9.6%+30.2%
Copa CPAUnited States$5.87B+16%+15%19%9.0×n/an/a

Allegiant Travel bonds and credit

Allegiant Travel has 1 bond outstanding with $650M face value. The agencies rate it BB; its bonds trade like BB-. Weighted yield 7.02%, a spread of 245 bp over government bonds.

Every bond, yield and spread in the cockpit →

Questions

Who are Allegiant Travel's main competitors?
Named competitors: Spirit Airlines (private or unlisted), Frontier Group Holdings (ULCC), Southwest Airlines (LUV), Sun Country Airlines (private or unlisted), JetBlue Airways (JBLU), Alaska Air Group (ALK). The cockpit's measured peer set (industry) also includes Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR (AERO), SkyWest (SKYW), Milkyway Intelligent Supply Chain Service (603713.SS), Juneyao Airlines (603885.SS), Starlux Airlines (2646.TW), Frontier (ULCC).
Is Allegiant Travel expensive compared with its peers?
On forward p/e it trades at 12.7× against a peer median of 16.8×, 8th cheapest of 16 in its peer set.
How has Allegiant Travel stock performed?
Over six months to 6 Nov 2026 the shares returned +10.8% against +9.3% for the median peer; over one year +26.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.