Allegiant Travel vs SkyWest
SkyWest reported revenue of $4.1 billion in fiscal 2025, 1.6 times Allegiant Travel's $2.6 billion in fiscal 2025. Allegiant Travel's revenue grew 3.7% in its latest year, and SkyWest's grew 15.0%. Allegiant Travel had an operating margin of 1.4%, against 15.2% at SkyWest. Free cash flow was $75 million at Allegiant Travel and $908 million at SkyWest.
Side by side
| Allegiant Travel | SkyWest | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $2.6B | $4.1B |
| Revenue growth | 3.7% | 15.0% |
| Revenue growth a year, last 5 years | 21.4% | 13.8% |
| Gross margin | — | — |
| Operating margin | 1.4% | 15.2% |
| Net margin | −1.7% | 10.6% |
| Free cash flow | $75M | $908M |
| Free cash flow margin | 2.9% | 22.4% |
| Return on capital | 1.1% | 10.7% |
| Net debt to EBITDA | 4.9x | 1.7x |
| Dividends and buybacks | $14M | $0M |
| Change in diluted share count | 1.1% | −0.3% |
| Last close | $91.97 | $79.38 |
| P/E at the last close | 27.8× | 7.7× |
| Insider trades, last 12 months | sold $35.3 million | sold $16.3 million |
| Piotroski F-score | 6 of 8 | 7 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Allegiant TravelSkyWest
Operating margin
Percent of revenue
Allegiant TravelSkyWest
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Allegiant TravelSkyWest
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Allegiant Travel and SkyWest pages.