Sector: Industrials | Industry: Airlines |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1201 N. Town Center Drive LAS VEGAS NV 89144 |
Tel: | N/A |
Website: | https://www.allegiantair.com |
IR: | See website |
Key People | ||
Maurice J. Gallagher Executive Chairman of the Board, Chief Executive Officer | Gregory Clark Anderson President | Robert Neal Chief Financial Officer, Senior Vice President |
Keny Wilper Chief Operating Officer, Senior Vice President | Robert Paul Wilson Executive Vice President, Chief Information Officer | Scott Wayne Deangelo Executive Vice President, Chief Marketing Officer |
Drew Wells Senior Vice President, Chief Revenue Officer | Robert B. Goldberg Company Secretary |
Business Overview |
Allegiant Travel Company is a leisure travel company focused on providing travel and leisure services and products to residents of under-served cities in the United States. The Company provides various travel services and products, including scheduled service air transportation, ancillary air-related products and services, third party products and services, and fixed-fee contract air transportation. The Company operates through two segments: Airline and Sunseeker Resort. The Airline segment operates as a single business unit and includes all scheduled service air transportation, ancillary air-related products and services, third party products and services, fixed fee contract air transportation and other airline-related revenue. The Sunseeker Resort segment operates as a single business unit and includes hotel rooms and suites for occupancy, group meeting facilities, food and beverage options, the Aileron Golf Course and other resort amenities. |
Financial Overview |
For the fiscal year ended 31 December 2023, Allegiant Travel Company revenues increased 9% to $2.51B. Net income applicable to common stockholders increased from $2.5M to $113.4M. Revenues reflect Sunseeker Resort segment increase from $2K to $2.9M, Load Factor, Total -% increase of 1% to 83.3%. Net income benefited from Airline segment income increase of 84% to $251.5M, Sunseeker Resort segment loss decrease of 33% to $30.5M. |
Employees: | 6,686 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,525M as of Dec 31, 2023 |
Annual revenue (TTM): | $2,510M as of Dec 31, 2023 |
EBITDA (TTM): | $472.76M as of Dec 31, 2023 |
Net annual income (TTM): | $113.42M as of Dec 31, 2023 |
Free cash flow (TTM): | -$116.29M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,445M as of Dec 31, 2023 |
Shares outstanding: | 18,286,324 as of Feb 23, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |