Allegiant Travel CO
ALGT · Air Transportation, Scheduled · 18.4M shares · +3%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: $329K (gross $30M, SBC $30M)
Reference price $113.52 · est. market cap ~$2.1B — last insider sale, 2026-02-10 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C60Low-cost leisure airline with strong growth and cash flow but a loss year, weak returns and high leverage.
Strengths
- Revenue growth 11.6% (87th pct), OCF margin 15% (71st pct) and EBITDA margin 11% (70th pct)
- Differentiated under-served-market network (433 monopoly city pairs) and rich co-brand card economics
Risks
- Net loss (margin -1.7%), ROE -4.2% and ROIC 1.1% (17th pct) on soft 2025 leisure demand
- Debt/equity 1.6x (93rd pct) plus integration/regulatory risk from the pending Sun Country acquisition
Notable findings
- No interest coverageInterest coverage 0.25 (cannot cover interest)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -1.7%)
- Weak liquidityCurrent ratio 0.95 (<1)
- Pending mergerThe Merger Agreement requires us to operate in the ordinary course of business and restricts us from taking specified actions without Sun Country’s consent until the proposed acquisition of Sun Countr
- Insider sellingInsider selling — 7 open-market sale(s) by 1 insider(s) (~$34M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
1.4%
Net margin
-1.7%
Return on equity
-4.2%
Return on assets
-1.1%
ROIC
1.1%
Revenue growth (QoQ)
11.6%
Debt / equity
1.6×
Net debt / EBITDA
2.9×
Interest coverage
0.2×
Current ratio
1.0×
Free cash flow
$75M
EBITDA
$286M
Tangible book value
$1.1B
Cash & investments
$838M
Stock comp / revenue
0.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-13 | Kennedy Thomas C | Grant | 1.0K | — |
| 2026-05-13 | Bricker Jude | Tax withheld | 40K | $75.21 |
| 2026-05-13 | Bricker Jude | Grant | 1.0K | — |
| 2026-05-13 | VOGEL JENNIFER L | Grant | 1.0K | — |
| 2026-04-12 | Hollingsworth Tyler Jay | Tax withheld | 87 | $85.58 |
| 2026-04-03 | Wells Drew Allen | Tax withheld | 179 | $82.84 |
| 2026-04-03 | Neal Robert James | Tax withheld | 179 | $82.84 |
| 2026-04-01 | Anderson Gregory Clark | Tax withheld | 4.8K | $83.12 |
| 2026-02-18 | Aretos Rebecca | Grant | 1.8K | — |
| 2026-02-10 | GALLAGHER MAURICE J JR | Sell | 19K | $113.52 |
| 2026-02-10 | GALLAGHER MAURICE J JR | Sell | 861 | $114.00 |
| 2026-02-09 | GALLAGHER MAURICE J JR | Sell | 56K | $114.81 |
| 2026-02-09 | GALLAGHER MAURICE J JR | Sell | 25K | $116.19 |
| 2026-02-09 | GALLAGHER MAURICE J JR | Sell | 24K | $114.79 |
| 2026-02-06 | Wells Drew Allen | Grant | 9.8K | — |
| 2026-02-06 | Neal Robert James | Grant | 10K | — |
| 2026-02-06 | Anderson Gregory Clark | Grant | 1.9K | — |
| 2026-02-06 | GALLAGHER MAURICE J JR | Sell | 100K | $113.67 |
| 2026-02-06 | GALLAGHER MAURICE J JR | Sell | 75K | $114.99 |
| 2026-02-06 | Wells Drew Allen | Grant | 9.7K | — |
| 2026-02-06 | Neal Robert James | Grant | 10K | — |
| 2026-02-06 | Anderson Gregory Clark | Grant | 1.9K | — |
| 2026-02-06 | Hollingsworth Tyler Jay | Grant | 6.7K | — |
| 2026-02-06 | Hollingsworth Tyler Jay | Grant | 6.8K | — |
| 2025-10-28 | Morgan Sandra Douglass | Sell | 350 | $65.00 |
| 2025-10-20 | Hollingsworth Tyler Jay | Tax withheld | 361 | $65.91 |
| 2025-10-20 | Wells Drew Allen | Tax withheld | 355 | $65.91 |
| 2025-10-20 | Neal Robert James | Tax withheld | 403 | $65.91 |
| 2025-10-20 | Aretos Rebecca | Tax withheld | 450 | $65.91 |
| 2025-10-01 | Anderson Gregory Clark | Tax withheld | 4.8K | $59.47 |
| 2025-09-23 | Richins Micah John | Tax withheld | 3.4K | $61.98 |
| 2025-09-23 | Wells Drew Allen | Tax withheld | 726 | $61.98 |
| 2025-09-23 | Hollingsworth Tyler Jay | Tax withheld | 330 | $61.98 |
| 2025-09-23 | Neal Robert James | Tax withheld | 726 | $61.98 |
| 2025-09-23 | Aretos Rebecca | Tax withheld | 405 | $61.98 |
| 2025-08-11 | ELLMER GARY | Sell | 2.0K | $49.00 |
| 2025-08-04 | Hollingsworth Tyler Jay | Tax withheld | 195 | $48.59 |
| 2025-08-04 | Aretos Rebecca | Tax withheld | 220 | $48.59 |
| 2025-08-04 | Wells Drew Allen | Tax withheld | 260 | $48.59 |
| 2025-08-04 | Neal Robert James | Tax withheld | 260 | $48.59 |
| 2025-08-04 | Richins Micah John | Tax withheld | 343 | $48.59 |
| 2025-08-01 | Anderson Gregory Clark | Tax withheld | 1.8K | $48.12 |
| 2025-04-29 | Morgan Sandra Douglass | Sell | 350 | $45.70 |
| 2025-04-07 | Wilper Keny Frank | Sell | 278 | $41.41 |
| 2025-04-03 | Richins Micah John | Tax withheld | 110 | $48.71 |
| 2025-04-03 | Wilper Keny Frank | Tax withheld | 179 | $48.71 |
| 2025-04-03 | Richins Micah John | Tax withheld | 110 | $48.71 |
| 2025-04-03 | Wells Drew Allen | Tax withheld | 179 | $48.71 |
| 2025-04-01 | Anderson Gregory Clark | Tax withheld | 4.9K | $50.85 |
| 2025-02-10 | Richins Micah John | Tax withheld | 315 | $88.35 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-26 | Shareholder vote | filing ↗ |
| 2026-06-10 | OtherExhibits | filing ↗ |
| 2026-06-09 | Reg FDOtherExhibits | filing ↗ |
| 2026-05-15 | Reg FDExhibits | filing ↗ |
| 2026-05-13 | Acquisition/dispositionExec/director change5.03Reg FDExhibits | filing ↗ |
| 2026-05-08 | Shareholder vote | filing ↗ |
| 2026-04-30 | ResultsDebt obligationReg FDExhibits | filing ↗ |
| 2026-04-28 | Other | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-26 | 2026-06-25 | 0001362468-26-000037 ↗ |
| 8-K | 2026-06-10 | 2026-06-09 | 0001140361-26-024689 ↗ |
| 8-K | 2026-06-09 | 2026-06-09 | 0001140361-26-024567 ↗ |
| 8-K | 2026-05-15 | 2026-05-15 | 0001362468-26-000032 ↗ |
| 8-K | 2026-05-13 | 2026-05-13 | 0001140361-26-021056 ↗ |
| 8-K | 2026-05-08 | 2026-05-08 | 0001362468-26-000025 ↗ |
| 10-Q | 2026-05-06 | 2026-03-31 | 0001362468-26-000022 ↗ |
| 8-K | 2026-04-30 | 2026-04-27 | 0001362468-26-000019 ↗ |
| 8-K | 2026-04-28 | 2026-04-28 | 0001140361-26-017516 ↗ |
| 8-K | 2026-04-20 | 2026-04-08 | 0001140361-26-015676 ↗ |
| 8-K | 2026-04-15 | 2026-04-15 | 0001140361-26-014834 ↗ |
| 10-K/A | 2026-03-26 | 2025-12-31 | 0001362468-26-000015 ↗ |