Allegiant Travel Company (ALGT)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -240,239 | -25,965 | -14,242 | 60,528 | 117,596 | 172,027 | 150,634 | 66,523 | 2,493 | -39,279 | 46,434 | 137,103 | 151,853 | 112,312 | 43,915 | -144,215 | -184,093 | -94,734 | -21,662 | 141,984 |
| Total stockholders’ equity | US$ in thousands | 1,089,390 | 1,299,900 | 1,333,040 | 1,322,160 | 1,328,560 | 1,343,140 | 1,373,560 | 1,271,400 | 1,220,700 | 1,188,970 | 1,232,370 | 1,222,300 | 1,223,550 | 1,191,060 | 1,147,130 | 709,654 | 699,363 | 711,698 | 736,560 | 809,902 |
| ROE | -22.05% | -2.00% | -1.07% | 4.58% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-240,239K ÷ $1,089,390K
= -22.05%
Allegiant Travel Company's Return on Equity (ROE) experienced fluctuations over the analyzed period. The ROE was positive in most quarters, indicating the company's ability to generate profit from shareholders' equity. However, there were some quarters where the ROE turned negative, suggesting that the company's profitability relative to shareholders' equity was not optimal during those periods.
The highest ROE was observed in the March 31, 2020 quarter at 17.53%, indicating a strong performance in generating returns for shareholders at that time. Subsequently, the ROE entered negative territory in the following quarters, reaching its lowest point of -26.32% by December 31, 2020. This negative trend persisted until the June 30, 2021 quarter, where the ROE turned positive again at 3.83%.
From that point onwards, the ROE showed a generally improving trend, with fluctuations in the positive range, reaching 12.81% by September 30, 2023. However, the ROE dipped back into negative territory in the following quarters, demonstrating inconsistency in the company's ability to deliver returns on equity.
Overall, the analysis of Allegiant Travel Company's ROE indicates a mix of positive and negative trends, highlighting periods of strong profitability and challenges in generating returns relative to shareholders' equity. Further evaluation of the underlying factors affecting the company's financial performance would be necessary to fully understand the drivers behind these fluctuations in ROE.
Peer comparison
Dec 31, 2024