Allegiant Travel Company (ALGT) financial statements (2022 and earlier)

Company profile

Business Address 1201 N. TOWN CENTER DRIVE
LAS VEGAS, NV 89144
State of Incorp. NV
Fiscal Year End December 31
SIC 4512 - Air Transportation, Scheduled (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,183153122396412334333
Cash and cash equivalents36315312282596587
Short-term investments819  314353269246
Restricted cash and investments37   111210
Receivables631922636714115
Inventory, net of allowances, customer advances and progress billings(6)(4)(3)(14)(14)(7)(1)
Inventory(6)(4)(3)(14)(14)(7)(1)
Prepaid expense  3529241618
Deferred costs(75)(57)(34)(14)(8)  
Other current assets  10533
Other undisclosed current assets13766041662402416
Total current assets:1,338944562495541422395
Noncurrent Assets
Finance lease, right-of-use asset  112
Operating lease, right-of-use asset13011622
Property, plant and equipment2,2602,0502,2371,8471,5121,095886
Long-term investments and receivables2 27648513365
Long-term investments2 16527912565
Accounts and financing receivable, after allowance for credit loss  111368 
Other noncurrent assets1142244371712 
Other undisclosed noncurrent assets1471277552596
Total noncurrent assets:2,6532,3152,4492,0031,6391,250956
TOTAL ASSETS:3,9913,2593,0112,4992,1801,6721,352
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities206150189149174163162
Accounts payable4434282720167
Accrued liabilities16311616212210597109
Employee-related liabilities    363938
Interest and dividends payable    13128
Deferred revenue307308 
Debt1302171731522158674
Deferred revenue and credits212   
Other undisclosed current liabilities1914250 161143153
Total current liabilities:663689613514550393388
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,6121,4421,2491,119950722568
Long-term debt, excluding current maturities1,6121,4421,2491,119950722568
Finance lease, liability302117108
Operating lease, liability11510221
Other undisclosed long-term debt and lease obligation(417)(219)(129)    
Liabilities, other than long-term debt37724341751328346
Deferred tax liabilities, net1641187546
Deferred income tax liabilities346  
Other liabilities31243411138 
Other undisclosed noncurrent liabilities115404233    
Total noncurrent liabilities:2,1041,8701,5151,2941,082805613
Total liabilities:2,7682,5602,1271,8081,6321,1981,002
Stockholders' equity
Stockholders' equity attributable to parent1,224699884690548474350
Common stock0000000
Treasury stock, value(638)(646)(618)(605)(606)(518)(453)
Additional paid in capital692330290271254238229
Accumulated other comprehensive income (loss)2(0)0(1)(3)(0)1
Retained earnings1,1671,0161,2111,025903753574
Total stockholders' equity:1,224699884690548474350
TOTAL LIABILITIES AND EQUITY:3,9913,2593,0112,4992,1801,6721,352

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,7089901,8411,6671,5041,3631,262
Revenue, net818753736
Cost of revenue
(Cost of Goods and Services Sold)
(440)(222)(428)(446)(343)(257)(278)
Gross profit:1,2687681,4131,2221,1601,105984
Operating expenses(1,445)(1,271)(1,477)(1,424)(1,277)(992)(890)
Other undisclosed operating income440222428446343257278
Operating income (loss):263(281)364243227371372
Nonoperating income (expense)66(80)(63)(44)(32)(25)(25)
Investment income, nonoperating26139631
Interest and debt expense(0)(1)(4)(54)(39)(29)(27)
Income (loss) from continuing operations before equity method investments, income taxes:329(362)298146157317320
Other undisclosed income (loss) from continuing operations before income taxes(133)1454392927
Income (loss) from continuing operations before income taxes:197(361)301199196346347
Income tax expense (benefit)(45)177(69)(38)(1)(126)(126)
Net income (loss):152(184)232162195220220
Net income attributable to noncontrolling interest      0
Net income (loss) attributable to parent:152(184)232162195220220
Undistributed earnings (loss) allocated to participating securities, basic20323
Net income (loss) available to common stockholders, basic:154(184)236164198220220
Other undisclosed net loss available to common stockholders, diluted(4)(0)(7)(4)(6)(2)(1)
Net income (loss) available to common stockholders, diluted:150(184)229160192218219

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):152(184)232162195220220
Other comprehensive income (loss)2(0)12(3)(1)(0)
Comprehensive income (loss):154(184)233164192219220
Comprehensive income, net of tax, attributable to noncontrolling interest      0
Comprehensive income (loss), net of tax, attributable to parent:154(184)233164192219220

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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