Allegiant Travel Company (ALGT)

Operating profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	220,983	299,570	286,542	179,243	91,647	35,779	132,979	245,700	263,073	206,094	106,724	-145,379	-287,786	-171,486	-66,289	155,068	363,951	334,387	288,452	254,569
Revenue (ttm)	US$ in thousands	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	1,840,963	1,792,004	1,748,604	1,693,625
Operating profit margin		8.80%	11.93%	11.44%	7.31%	3.98%	1.64%	6.37%	12.74%	15.40%	14.14%	8.90%	-16.90%	-29.07%	-14.24%	-4.60%	8.62%	19.77%	18.66%	16.50%	15.03%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $220,983K ÷ $2,509,858K
= 8.80%

Allegiant Travel's operating profit margin has shown variability over the past eight quarters, ranging from 3.76% to 12.69%. The trend indicates fluctuations in the company's ability to generate profits from its core operations. The highest operating profit margin was observed in Q3 2023 at 12.69%, signaling a strong performance in that period. In contrast, the lowest margin of 3.76% was recorded in Q3 2022, reflecting a comparatively weaker financial performance at that time. Overall, Allegiant Travel's operating profit margin has displayed both highs and lows, suggesting varying levels of operational efficiency and profitability during the analyzed quarters.