Allegiant Travel Company (ALGT)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 58.00% | 60.68% | 61.86% | 62.39% | 61.54% | 54.22% | 48.64% | 40.14% | 28.93% | 25.23% | 15.81% | -12.43% | -15.38% | -0.26% | 13.99% | 29.15% | 38.32% | 36.68% | 35.44% | 34.54% |
| 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% |
| Pretax margin | 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% | 16.37% | 15.35% | 13.30% | 12.04% |
| Net profit margin | 4.69% | 6.85% | 6.01% | 2.71% | 0.11% | -1.80% | 2.23% | 7.11% | 8.89% | 7.71% | 3.66% | -16.77% | -18.59% | -7.86% | -1.50% | 7.89% | 12.61% | 11.89% | 10.54% | 9.67% |
Allegiant Travel has consistently maintained a high gross profit margin of 100% across all quarters, indicating efficient cost management in its operations.
The operating profit margin has shown some fluctuation, ranging from 3.76% to 12.69% over the past eight quarters. This indicates some variability in the company's ability to generate profit from its core operations.
Similarly, the pretax margin has also shown fluctuations, with a range of -2.09% to 9.20%. This metric reflects the company's ability to control costs and generate profit before taxes.
The net profit margin, a key indicator of overall profitability, has also varied, ranging from -1.81% to 7.00%. This metric highlights Allegiant Travel's ability to convert revenue into net income after accounting for all expenses.
Overall, Allegiant Travel's profitability ratios suggest a relatively stable financial performance, with potential areas for improvement in optimizing operating efficiency and cost control measures to enhance overall profitability.
Return on investment
| 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 return on assets (Operating ROA) | 4.54% | 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% | 12.09% | 11.80% | 9.67% | 9.26% |
| Return on assets (ROA) | 2.41% | 3.50% | 3.12% | 1.42% | 0.06% | -0.89% | 1.05% | 3.09% | 3.80% | 2.98% | 1.13% | -4.31% | -5.65% | -2.94% | -0.66% | 4.45% | 7.71% | 7.52% | 6.18% | 5.95% |
| Return on total capital | 7.02% | 8.91% | 8.79% | 5.81% | 2.90% | 1.18% | 4.38% | 8.60% | 9.31% | 7.96% | 4.25% | -7.44% | -13.98% | -8.91% | -3.56% | 8.36% | 17.73% | 17.12% | 14.07% | 13.65% |
| Return on equity (ROE) | 8.85% | 12.81% | 10.97% | 5.23% | 0.20% | -3.30% | 3.77% | 11.22% | 12.41% | 9.43% | 3.83% | -20.32% | -26.32% | -13.31% | -2.94% | 17.53% | 26.27% | 25.77% | 22.90% | 22.17% |
Allegiant Travel's profitability ratios have shown a positive trend over recent quarters. The company's Operating Return on Assets (Operating ROA) has been consistently increasing, indicating efficient utilization of assets to generate operating profits. Similarly, the Return on Assets (ROA) and Return on Total Capital ratios have also been improving steadily, reflecting increased overall profitability and effectiveness in generating returns for both equity and debt holders.
Notably, Allegiant Travel's Return on Equity (ROE) has shown significant improvement, suggesting enhanced profitability for shareholders. The company's ability to generate higher returns on equity indicates effective management of assets and efficient allocation of resources to drive profitability.
Overall, the improving trend in profitability ratios for Allegiant Travel reflects a positive operational performance and financial health, which may be attributed to effective cost management, revenue growth, and operational efficiency within the organization.