Allegiant Travel Company (ALGT)

Operating 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
Operating income (ttm)	US$ in thousands	-239,975	34,616	43,074	141,606	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
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
Operating profit margin		-9.55%	1.39%	1.72%	5.63%	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%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-239,975K ÷ $2,512,590K
= -9.55%

Allegiant Travel Company's operating profit margin has shown fluctuations over the data period provided.

1. Between March 31, 2020, and December 31, 2020, the operating profit margin declined significantly from 8.62% to -29.07%. This suggests a sharp decrease in profitability during this period.

2. The trend reversed in the subsequent quarters with the operating profit margin improving to 15.40% by December 31, 2021. This indicates a recovery in profitability.

3. However, from March 31, 2022, to June 30, 2024, the operating profit margin experienced fluctuations, ranging from a low of 1.39% to a high of 12.74%. This indicates a level of volatility in the company's profitability during these quarters.

4. The operating profit margin ended at -9.55% on December 31, 2024, showing a decline from the previous quarter.

Overall, Allegiant Travel Company's operating profit margin displayed both positive and negative trends over the data period, suggesting varying levels of profitability and operational efficiency throughout the quarters analyzed.