ALGT Allegiant Travel margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 47

Gross margin

25%

Operating margin

4.9%

EBITDA margin

10.8%

Net margin

0.9%

Recent Allegiant Travel shows a gross margin of 25%, an operating margin of 4.9%, an EBITDA margin of 10.8%, and a net margin of 0.9%. Operating margin showed the largest year-over-year gain at 16.3 percentage points, whereas gross margin showed the largest decline at 0.9 percentage points.

ALGT margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Allegiant Travel's margins averaged 25.77% gross, -1.28% operating, 9.62% EBITDA, and -3.35% net. The current figures show operating, EBITDA, and net margins are above their three-year averages, while gross margin is below its three-year average.

ALGT margin expansion

Year-over-year margin changes in percentage points

Allegiant Travel's operating margin expanded by 16.3 percentage points, EBITDA margin by 14.3 percentage points, and net margin by 12 percentage points, but gross margin contracted by 0.9 percentage points.

Gross margin expansion

-0.9pp

Operating margin expansion

16.3pp

EBITDA margin expansion

14.3pp

Net margin expansion

12pp

ALGT Gross margin

Reviewing the last 3 years, Allegiant Travel recorded an average gross margin of 25.77%. At present, Allegiant Travel's current gross margin is 25%, which is 0.8 percentage points below its three-year average. The highest gross margin for Allegiant Travel was 28.7% in Dec 2023, while the lowest was 24.5% in Sep 2024.

ALGT Operating margin

Over the last 3 years, Allegiant Travel recorded an average operating margin of -1.28%. The latest operating margin for Allegiant Travel is 4.9%, 6.2 percentage points above its three-year average. The highest operating margin for Allegiant Travel was 8.8% in Dec 2023, while the lowest was -11.4% in Jun 2025.

ALGT EBITDA margin

Over the last 3 years, the average EBITDA margin for Allegiant Travel was 9.62%. Allegiant Travel currently reports an EBITDA margin of 10.8%, 1.2 percentage points above its three-year average. Allegiant Travel's EBITDA margin ranged from a low of -4% in Sep 2025 to a high of 21.3% in Dec 2023.

ALGT Net margin

Looking back over the last 3 years, Allegiant Travel recorded an average net margin of -3.35%. Allegiant Travel's current net margin is 0.9% and is 4.3 percentage points above its three-year average. The highest net margin for Allegiant Travel was 4.7% in Dec 2023, while the lowest was -11.4% in Sep 2025.

ALGT margin group comparison

Margins compared with peer-group, industry and sector averages

Allegiant Travel's gross margin of 25% is below the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 32.7%, Allegiant Travel's gross margin is 24% lower.

ALGT margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Allegiant Travel's gross margin?

For the period ending Jun 30, 2026, ALGT recorded a gross margin of 25%.

What is Allegiant Travel's operating margin?

As of Jun 30, 2026, ALGT has an operating margin of 4.9%.

What is Allegiant Travel's EBITDA margin?

For the period ending Jun 30, 2026, ALGT recorded an EBITDA margin of 10.8%.

What is Allegiant Travel's net margin?

For the period ending Jun 30, 2026, ALGT recorded a net margin of 0.9%.

What are the average margins of ALGT?

Across the last 3 years, ALGT averaged 25.8% gross, -1.3% operating, 9.6% EBITDA, and -3.4% net.

What are the highest historical margins of ALGT?

Over this 5-year history, ALGT peaked at 30.6% gross in Sep 2023, 15.4% operating in Dec 2021, 26.1% EBITDA in Dec 2021, and 8.9% net in Dec 2021.

What are the lowest historical margins of ALGT?

Within the 5-year period, ALGT recorded its lowest margins at 22.1% gross in Sep 2022, -11.4% operating in Jun 2025, -4% EBITDA in Sep 2025, and -11.4% net in Sep 2025.