Allegiant Travel Company (ALGT)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	-240,238	117,596	2,493	151,853	-184,093
Revenue	US$ in thousands	2,512,590	2,509,860	2,301,830	1,707,910	990,073
Net profit margin		-9.56%	4.69%	0.11%	8.89%	-18.59%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $-240,238K ÷ $2,512,590K
= -9.56%

The net profit margin of Allegiant Travel Company has exhibited variable performance over the years based on the provided data. In December 31, 2020, the company reported a negative net profit margin of -18.59%, indicating that its expenses exceeded its revenue, resulting in a loss. However, by December 31, 2021, there was a significant improvement in the net profit margin, reaching 8.89%, which suggests that the company was able to generate a profit relative to its revenue.

In the subsequent years, the net profit margin fluctuated. In December 31, 2022, the margin was a mere 0.11%, signaling a very slim profit margin. The following year, by December 31, 2023, there was a noticeable increase to 4.69%, indicating improved profitability compared to the previous year. However, this was followed by a decline in the net profit margin to -9.56% by December 31, 2024, signaling a return to loss-making territory.

Overall, these fluctuations in net profit margin indicate the company's changing ability to translate its revenue into profits over the years. It highlights the importance of closely monitoring and analyzing the company's financial performance to assess its profitability and financial health accurately.