Allegiant Travel Company (ALGT)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 4,429,850 | 4,788,250 | 4,903,610 | 4,935,130 | 4,856,670 | 4,912,340 | 4,829,550 | 4,680,420 | 4,511,300 | 4,410,960 | 4,410,960 | 4,437,870 | 3,991,070 | 3,766,750 | 3,874,710 | 3,345,200 | 3,258,920 | 3,223,090 | 3,272,970 | 3,191,910 |
| Operating ROA | -5.42% | 0.72% | 0.88% | 2.87% | 4.55% | 6.10% | 5.93% | 3.83% | 2.03% | 0.81% | 3.01% | 5.54% | 6.59% | 5.47% | 2.75% | -4.35% | -8.83% | -5.32% | -2.03% | 4.86% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-239,975K ÷ $4,429,850K
= -5.42%
Allegiant Travel Company's operating return on assets (Operating ROA) has shown fluctuations over the given period. It started at 4.86% on March 31, 2020, and experienced negative values until June 30, 2021, indicating a period of underperformance. However, from September 30, 2021, onwards, the trend reversed, showing positive values and reaching a peak of 6.59% on December 31, 2021.
The improvement continued into the following periods, with operating ROA fluctuating between 2.87% and 6.10% until September 30, 2023. However, in the latter part of the period, the operating ROA decreased to 0.72% on September 30, 2024, and further dipped to -5.42% on December 31, 2024.
Overall, Allegiant Travel Company's operating ROA exhibited a mix of positive and negative trends, indicating periods of both strengths and weaknesses in utilizing its assets to generate operating income. Investors and stakeholders would need to monitor future financial performance to assess the company's asset efficiency and profitability.
Peer comparison
Dec 31, 2024