Allegiant Travel Company (ALGT)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -308,451 | -28,547 | -15,024 | 83,296 | 159,051 | 226,695 | 200,452 | 89,965 | 4,980 | -45,724 | 60,669 | 177,382 | 196,619 | 142,255 | 47,316 | -221,671 | -361,067 | -243,199 | -141,562 | 96,643 |
| 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 |
| Pretax margin | -12.28% | -1.14% | -0.60% | 3.31% | 6.34% | 9.03% | 8.00% | 3.67% | 0.22% | -2.09% | 2.91% | 9.20% | 11.51% | 9.76% | 3.95% | -25.78% | -36.47% | -20.19% | -9.83% | 5.37% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-308,451K ÷ $2,512,590K
= -12.28%
The pretax margin of Allegiant Travel Company has fluctuated over the past few years, reflecting the company's performance before accounting for taxes. The pretax margin provides insight into the company's ability to generate profit from its operations.
From March 2020 to December 2020, the company experienced negative pretax margins, indicating challenges in profitability. However, there was a significant turnaround in the first half of 2021, with pretax margins improving to positive territory.
Throughout 2022 and 2023, the pretax margins showed some volatility but generally remained positive, indicating improved financial performance. Notably, the pretax margin reached its peak in September 2023 at 9.03%.
However, by the end of 2024, the pretax margin declined again into negative territory, suggesting potential challenges faced by the company in generating profits.
Overall, the trend in the pretax margin for Allegiant Travel Company indicates a mix of positive and negative performance periods, highlighting the company's varying levels of profitability over the analyzed period.
Peer comparison
Dec 31, 2024