Allegiant Travel (ALGT) FY2021 results: revenue $1.7 billion, up 72.5% on the year
Allegiant Travel Co. (ALGT) reported revenue of $1.7 billion for fiscal 2021, the year ended 31 December 2021, up 72.5% on the year before. Net income was $152 million, and diluted earnings per share $8.68. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2022.
Revenue
$1.7 billion
+72.5% on the year
FY2014FY2021
Operating margin
15.4%
-28.4% a year earlier
FY2014FY2021
Net income
$152 million
FY2014FY2021
Diluted EPS
$8.68
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
538
235
442
+129.4%
Capital expenditure
244
281
507
-13.4%
Free cash flow
295
-46.5
-64.6
Free cash flow margin
17.2%
-4.7%
-3.5%
Cash from investing
-593
-366
-476
Cash from financing
285
165
75.1
+73.4%
Depreciation and amortisation
181
176
156
+2.7%
Share-based compensation
16.1
19.3
18.2
-16.4%
Buybacks
0.0
33.8
18.6
Dividends paid
0.0
11.4
45.6
Dividend per share
$0.00
$0.70
$2.80
Diluted shares, weighted
17m
16m
16m
+7.7%
Shares outstanding at period end
18m
16m
16m
+10.4%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,224
699
884
+75.0%
Debt
1,743
1,659
1,422
+5.0%
Operating lease liabilities
115
102
21.3
+12.5%
Finance lease liabilities
302
117
108
+157.6%
Other liabilities
608
681
576
-10.7%
Total liabilities and equity
3,991
3,259
3,011
+22.5%
Fixed assets
2,260
2,050
2,237
+10.2%
Investments
822
532
351
+54.3%
Cash and equivalents
363
153
122
+137.9%
Receivables
62.7
192
25.5
-67.4%
Other assets
484
331
275
+46.1%
Total assets
3,991
3,259
3,011
+22.5%
10-K for the year ended 31 December 2021, filed 1 March 2022: the filing.