Forensic Analysis · General / Diversified · as of Jun 27, 2026
Allegiant Travel CO (ALGT)
A forensic read on Allegiant Travel CO built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Distress
Financial health
1.1
Altman Z-score
Clean
Earnings quality
3
Forensic signals
-3.2%
ROE
$2.1B
Market cap
3.45%
Dividend yield
Allegiant Travel CO earns a D (Weak — demands caution) forensic quality grade, and its Altman Z-score is 1.1, placing it in the Distress zone. 3 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
1%Return on invested capital.Return on invested capital is 1% and steady — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
suspendedDividend — suspended.The dividend has been SUSPENDED — $22M paid in FY2024, then $0 in FY2025. A suspension is a major signal the board is conserving cash; the prior payment history doesn't offset it.
+0.0%/yrShare-count dilution.Diluted share count changed +0% over the last 3 years to FY2025 (+0.0%/yr). Roughly flat — buybacks are about offsetting stock comp, not shrinking the count. Per-share value isn't being meaningfully helped or hurt by the count.
Key fundamentals
Net Margin-1.7%
Debt / Equity1.71x
Free Cash Flow$75.1M
Latest Revenue$2.61B
Return on Equity-4.2%
Revenue Growth YoY+3.7%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on Allegiant Travel CO:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about ALGT's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown