Allegiant Travel Company
We are a leisure travel company focused on providing travel and leisure services and products to residents of under-served cities in the United States. Our vision is to be the leading airline in the communities we serve, offering reliable, nonstop travel at unbeatable value.
$70.36
+$0.31 (+0.44%)
EOD Oct 22, 2026
Operating margin is thin at 4.90%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 3.7% in the fiscal year ended Dec 2025, steady but not accelerating.
At 47x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Net debt of $2.45B represents 21.0x FCF, leverage limits flexibility.
46.9x earnings, 16.5x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$2.89B
▲ +3.7% YoY
Net Income (TTM)
$26M
▲ +81.4% YoY
Op. Margin
4.90%
▲ +11.0pp YoY
ROIC
2.98%
▲ +5.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$117M
▲ +96.1% YoY
Op. Cash Flow (TTM)
$420M
▲ +15.2% YoY
Net Debt
$2.45B
Cash & Equiv.
$1.05B
5Y CAGR: +21.4%
Continue Research
SourceComputed from the 10-Q filed 31 Jul 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 11 Aug 2026. How this is calculated.
Price from market data, last close as of 22 Oct 2026. Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is Allegiant Travel (ALGT) overvalued?
At a P/E of 46.9 and a price-to-free-cash-flow of 16.5, Allegiant Travel (ALGT) trades above a two-stage DCF intrinsic value of about $-18.61 per share, so at $70.36 the stock looks overvalued (126.4% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Allegiant Travel scores 43/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Allegiant Travel's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $-18.61 per share for ALGT, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $-13.95. At today's $70.36, that puts the stock about 126.4% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Allegiant Travel a high-quality business?+
Allegiant Travel scores 43 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 4.9% operating margin and a 3.0% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Allegiant Travel a good stock to buy right now?+
That depends on valuation and quality together, not either alone. ALGT currently trades above its estimated intrinsic value and scores 43/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Air Transportation, Scheduled
Spot a number that looks wrong? Check it in ALGT's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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