Allegiant Travel Asset Turnover 2010-2024 | ALGT
Allegiant Travel asset turnover from 2010 to 2024. Asset turnover can be defined as the amount of sales or revenues generated per dollar of assets. The asset turnover ratio is an indicator of the efficiency with which a company is deploying its assets.
| Allegiant Travel Asset Turnover Historical Data | |||
|---|---|---|---|
| Date | |||
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Transportation | Transportation - Airlines | $1.006B | $2.510B |
| Allegiant Travel Company, through its subsidiary Allegiant Air LLC, operates a low-cost passenger airline. It focuses on linking leisure travelers in small and medium sized cities to world-class leisure destinations. The company focuses on unbundling its air-related products and services like baggage fees, advance seat assignment among others. Allegiant, which also offers air transportation through fixed fee flight arrangements, focuses on generating significant additional ancillary revenues thanks to its unique business model. By focusing on leisure travelers only, this unique business model enables the company to avoid heavy costs of serving a variety of customers. In order to reduce costs, Allegiant usually purchases used aircraft with useful remaining years. Additionally, this non-traditional approach also brings down distribution- related expenses. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| GE Aerospace (GE) | United States | $199.394B | 47.52 |
| Swire Pacific (SWRAY) | Hong Kong, SAR China | $32.348B | 0.00 |
| Delta Air Lines (DAL) | United States | $30.632B | 7.75 |
| Ryanair Holdings (RYAAY) | Ireland | $23.579B | 13.97 |
| United Airlines Holdings Inc (UAL) | United States | $18.290B | 5.77 |
| Southwest Airlines (LUV) | United States | $18.280B | 31.45 |
| Air China (AIRYY) | China | $9.351B | 0.00 |
| Deutsche Lufthansa AG (DLAKY) | Germany | $8.017B | 6.04 |
| LATAM Airlines Group S.A (LTM) | Chile | $7.552B | 0.00 |
| American Airlines Group (AAL) | United States | $7.106B | 7.62 |
| Cathay Pacific Airways (CPCAY) | Hong Kong, SAR China | $6.797B | 0.00 |
| Alaska Air (ALK) | United States | $5.384B | 11.35 |
| International Consolidated Airlines Group SA (ICAGY) | Spain | $4.793B | 1.80 |
| Air Canada (ACDVF) | Canada | $4.288B | 4.03 |
| Joby Aviation (JOBY) | United States | $4.018B | 0.00 |
| Flughafen Wien AG (VIAAY) | Austria | $3.999B | 19.23 |
| Copa Holdings, S.A (CPA) | Panama | $3.727B | 5.94 |
| SkyWest (SKYW) | United States | $3.349B | 19.70 |
| Air France-KLM SA (AFLYY) | France | $2.365B | 4.09 |
| JetBlue Airways (JBLU) | United States | $2.216B | 0.00 |
| AZUL (AZUL) | Brazil | $1.387B | 0.00 |
| Frontiers (ULCC) | United States | $1.120B | 0.00 |
| Bristow Group (VTOL) | United States | $1.016B | 33.50 |
| Controladora Vuela Compania De Aviacion, S.A.B De C.V (VLRS) | Mexico | $0.710B | 6.03 |
| Sun Country Airlines Holdings (SNCY) | United States | $0.526B | 10.16 |
| Spirit Airlines (SAVE) | United States | $0.245B | 0.00 |
| Gol Linhas Aereas Inteligentes S.A (GOLLQ) | Brazil | $0.105B | 0.00 |
| Mesa Air (MESA) | United States | $0.048B | 0.00 |
| Surf Air Mobility (SRFM) | United States | $0.021B | 0.00 |
| AirMedia Group Inc (ANTE) | China | $0.005B | 0.00 |
| China Eastern Airlines (CEA) | China | $0.000B | 0.00 |
| China Southern Airlines (ZNH) | China | $0.000B | 0.00 |
| Corporacion America Airports S.A (CAAP) | Luxembourg | $0.000B | 7.34 |