Allegiant Travel (ALGT) FY2022 results: revenue $2.3 billion, up 34.8% on the year
Allegiant Travel Co. (ALGT) reported revenue of $2.3 billion for fiscal 2022, the year ended 31 December 2022, up 34.8% on the year before. Net income was $2 million, down 98.4%, and diluted earnings per share $0.14. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2023.
Revenue
$2.3 billion
+34.8% on the year
FY2015FY2022
Operating margin
4.0%
15.4% a year earlier
FY2015FY2022
Net income
$2 million
-98.4% on the year
FY2015FY2022
Diluted EPS
$0.14
-98.4% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
303
538
235
-43.7%
Capital expenditure
435
244
281
+78.4%
Free cash flow
-132
295
-46.5
Free cash flow margin
-5.7%
17.2%
-4.7%
Cash from investing
-491
-593
-366
Cash from financing
33.1
285
165
-88.4%
Depreciation and amortisation
198
181
176
+9.1%
Share-based compensation
15.2
16.1
19.3
-5.8%
Buybacks
29.9
0.0
33.8
Dividends paid
0.0
0.0
11.4
Dividend per share
$0.00
$0.00
$0.70
Diluted shares, weighted
18m
17m
16m
+4.7%
Shares outstanding at period end
n/a
18m
16m
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,221
1,224
699
-0.2%
Debt
2,097
1,743
1,659
+20.3%
Operating lease liabilities
95.0
115
102
-17.5%
Finance lease liabilities
455
302
117
+51.0%
Other liabilities
643
608
681
+5.8%
Total liabilities and equity
4,511
3,991
3,259
+13.0%
Fixed assets
2,811
2,260
2,050
+24.4%
Investments
788
822
532
-4.1%
Cash and equivalents
230
363
153
-36.7%
Receivables
107
62.7
192
+70.1%
Other assets
576
484
331
+19.0%
Total assets
4,511
3,991
3,259
+13.0%
10-K for the year ended 31 December 2022, filed 27 February 2023: the filing.