Allegiant Travel Company (ALGT)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	-239,976	220,981	91,646	263,075	-280,985
Revenue	US$ in thousands	2,512,590	2,509,860	2,301,830	1,707,910	990,073
Operating profit margin		-9.55%	8.80%	3.98%	15.40%	-28.38%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-239,976K ÷ $2,512,590K
= -9.55%

The operating profit margin of Allegiant Travel Company has shown significant fluctuations over the years based on the provided data.

As of December 31, 2020, the operating profit margin was -28.38%, indicating that the company was operating at a loss, with expenses exceeding its operating income. However, by December 31, 2021, the operating profit margin improved significantly to 15.40%, reflecting a stronger profitability with a substantial increase in operating income relative to revenue.

By December 31, 2022, the operating profit margin decreased to 3.98%, suggesting a lower level of profitability compared to the previous year. However, there was a notable improvement by December 31, 2023, with the operating profit margin rising to 8.80%. This indicates that the company was able to enhance its operational efficiency and profitability during that period.

Subsequently, by December 31, 2024, the operating profit margin declined to -9.55%, signaling a return to a negative profitability trajectory. This downturn could be attributed to various factors such as increased operating expenses or a decrease in revenue generation.

Overall, the fluctuating trend in Allegiant Travel Company's operating profit margin highlights the importance of closely monitoring and managing the company's operating efficiency and cost structure to sustain and improve profitability levels over time.