Allegiant Travel Company (ALGT)
Net 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | -240,239 | -25,965 | -14,242 | 60,528 | 117,596 | 172,027 | 150,634 | 66,523 | 2,493 | -39,279 | 46,434 | 137,103 | 151,853 | 112,312 | 43,915 | -144,215 | -184,093 | -94,734 | -21,662 | 141,984 |
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 |
Net profit margin | -9.56% | -1.04% | -0.57% | 2.41% | 4.69% | 6.85% | 6.01% | 2.71% | 0.11% | -1.80% | 2.23% | 7.11% | 8.89% | 7.71% | 3.66% | -16.77% | -18.59% | -7.86% | -1.50% | 7.89% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-240,239K ÷ $2,512,590K
= -9.56%
Allegiant Travel Company's net profit margin has shown fluctuations over the past few years based on the provided data. The net profit margin, which represents the percentage of each dollar of revenue that results in profit after all expenses are deducted, experienced both positive and negative trends during the period.
From March 31, 2020, to December 31, 2021, the net profit margin exhibited a downward trend, starting at 7.89% in March 2020, decreasing to a low of -18.59% in December 2020, before gradually recovering to 8.89% by December 2021.
Subsequently, the net profit margin fluctuated between positive and negative figures from March 2022 to December 2024. Despite some periods of improvement, such as reaching 6.85% in September 2023, the margin decreased to negative values in some quarters, like -9.56% in December 2024.
Overall, Allegiant Travel Company's net profit margin has been variable, showcasing periods of profitability and challenges. It is essential for the company to monitor and manage its expenses and revenue effectively to sustain and improve its profitability in the future.
Peer comparison
Dec 31, 2024