Allegiant Travel (ALGT) FY2015 results: revenue $1.3 billion, up 11.0% on the year
Allegiant Travel Co. (ALGT) reported revenue of $1.3 billion for fiscal 2015, the year ended 31 December 2015, up 11.0% on the year before. Net income was $220 million, up 154.2%, and diluted earnings per share $12.94. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2016.
Revenue
$1.3 billion
+11.0% on the year
FY2009FY2015
Operating margin
29.4%
13.8% a year earlier
FY2009FY2015
Net income
$220 million
+154.2% on the year
FY2009FY2015
Diluted EPS
$12.94
+166.3% on the year
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
1,262
1,137
996
+11.0%
Operating income
372
157
155
+136.2%
Operating margin
29.4%
13.8%
15.5%
Interest expense
26.5
21.2
9.5
+25.0%
Pre-tax income
347
137
147
+152.8%
Income tax
126
50.8
54.9
+148.7%
Effective tax rate
36.5%
37.1%
37.4%
Net income
220
86.7
92.3
+154.2%
Net margin
17.5%
7.6%
9.3%
Diluted EPS
$12.94
$4.86
$4.82
+166.3%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
365
270
197
+35.4%
Capital expenditure
253
279
178
-9.6%
Free cash flow
113
-9.6
19.4
Free cash flow margin
8.9%
-0.8%
1.9%
Cash from investing
-234
-315
-193
Cash from financing
-134
37.4
4.1
Depreciation and amortisation
98.1
83.4
69.3
+17.6%
Share-based compensation
10.5
16.7
9.8
-37.4%
Buybacks
129
139
83.6
-6.9%
Dividends paid
62.4
41.8
0.0
+49.4%
Dividend per share
$2.75
$2.50
$2.25
+10.0%
Diluted shares, weighted
17m
18m
19m
-4.6%
Shares outstanding at period end
17m
17m
19m
-3.5%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
350
293
376
+19.5%
Non-controlling interest
0.0
1.2
1.6
Debt
642
589
234
+9.0%
Other liabilities
367
352
319
+4.1%
Total liabilities and equity
1,358
1,235
930
+10.0%
Fixed assets
886
739
452
+19.9%
Investments
310
327
289
-5.2%
Cash and equivalents
87.1
89.6
97.7
-2.8%
Receivables
21.8
14.2
16.9
+53.5%
Other assets
53.1
65.3
74.6
-18.6%
Total assets
1,358
1,235
930
+10.0%
10-K for the year ended 31 December 2015, filed 22 February 2016: the filing.