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Allegiant Travel ALGT Loyalty program liability

Loyalty program liability at other companies

Choice Hotels International logo
Choice Hotels InternationalCHH
$114.9M+4.1%
Wyndham Hotels & Resorts, Inc. logo
Wyndham Hotels & Resorts, Inc.WH
$118M+12.4%
Papa John's International logo
Papa John's InternationalPZZA
$3.18M-46.6%
Deckers Outdoor Corporation logo
Deckers Outdoor CorporationDECK
$21M+13.1%
Delta Air Lines logo
Delta Air LinesDAL
$108.75M+6.9%
Delta Air Lines logo
Delta Air LinesDAL
$4.45B-2.3%

Other financials

Income statement

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Revenue$732.4M+4.8%
Operating income$81.1M+24.8%
Net income$42.5M+32.3%
EPS (diluted)$2.30+32.9%

Balance sheet

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Cash & equivalents$304.6M+0.6%
Total debt$595.0M-23.8%
Total equity$1.1B-1.5%
Total assets$4.4B-2.0%

Cash flow

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Operating cash flow$268.1M+40.0%
CapEx$45.4M-39.0%
Free cash flow$222.6M+90.4%

Valuation

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Market cap$2.96B+223%
Enterprise value$3.25B+133%
P/S1.1×+0.8×

Profitability

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Operating margin2%+1.1pp
Net margin-11.4%-12.5pp
FCF margin-5%+3.3pp

Returns & leverage

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Return on equity-25.3%-27.4pp
Debt / equity0.5×-0.2×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Allegiant Travel in its filing.

Tagged under the XBRL concept algt:IncreaseDecreaseLoyaltyProgramLiability.

The official record: Allegiant Travel’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Allegiant Travel's loyalty program liability?
Allegiant Travel (ALGT) reported loyalty program liability of -$769.75K in Q4 2025.
How has Allegiant Travel's loyalty program liability changed year-over-year?
Allegiant Travel's loyalty program liability decreased by 131.1% year-over-year, from $2.47M to -$769.75K.
What is the long-term trend for Allegiant Travel's loyalty program liability?
Over 3 years (2022 to 2025), Allegiant Travel's loyalty program liability has grown at a -41.9% compound annual growth rate (CAGR), from $15.7M to -$3.08M.
What does loyalty program liability mean?
This represents the change in deferred revenue associated with points or rewards earned by customers that have not yet been redeemed. It serves as a measure of customer engagement and future service obligations. An increase suggests growing loyalty program activity, while a decrease indicates higher redemption rates.