Allegiant Travel Company (ALGT)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Gross profit (ttm) US$ in thousands 960,503 1,276,507 1,292,637 1,381,316 1,455,667 1,523,375 1,549,892 1,529,389 1,416,585 1,185,950 1,014,862 774,264 494,085 367,728 189,633 -106,915 -152,294 -3,092 201,464 524,212
Revenue (ttm) US$ in thousands 2,512,590 2,495,887 2,499,050 2,516,577 2,509,858 2,510,405 2,505,371 2,451,408 2,301,830 2,187,165 2,086,309 1,928,895 1,707,910 1,457,587 1,199,102 860,016 990,073 1,204,585 1,440,110 1,798,522
Gross profit margin 38.23% 51.14% 51.73% 54.89% 58.00% 60.68% 61.86% 62.39% 61.54% 54.22% 48.64% 40.14% 28.93% 25.23% 15.81% -12.43% -15.38% -0.26% 13.99% 29.15%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $960,503K ÷ $2,512,590K
= 38.23%

The gross profit margin of Allegiant Travel Company has shown fluctuations over the analyzed periods. The company's gross profit margin ranged from negative figures at the end of 2020 to a high of 62.39% at the end of March 2023.

From March 2023 to December 2024, the gross profit margin decreased gradually, reaching 38.23% at the end of December 2024. This declining trend may indicate potential challenges in managing costs and maintaining pricing strategies.

Overall, the gross profit margin trend for Allegiant Travel Company shows variability but with a general improvement from negative levels to higher percentages, signaling potential operational efficiency and profitability enhancements over the analyzed period.