ALGT Historical PE Ratio Notes

— Allegiant Travel Company (ALGT) is best known for its budget-friendly airline, Allegiant Air, which connects smaller U.S. cities to popular vacation destinations using a low-cost, leisure-focused business model. Unlike major carriers, Allegiant targets price-sensitive travelers & operates flights on less congested routes with low frequency, maximizing efficiency & minimizing overhead. Additionally, the company offers bundled travel services such as hotel and car rentals. This unique approach has led to periods of strong profitability, but also exposes ALGT to volatility during times of fluctuating travel demand or economic downturns, directly impacting earnings. As you review historical PE ratio charts and tables, keep in mind that periods of robust travel demand and tight cost control often correspond to lower PE ratios, signaling investor confidence in stable earnings. Conversely, economic shocks, spikes in fuel prices, or disruptions to leisure travel typically lead to lower earnings and elevated PE ratios, as the stock price may lag behind rapidly falling profits. Understanding how Allegiant's leisure-oriented, cost-driven strategy influences the consistency and predictability of its earnings is key to interpreting its historical PE ratio movements.

On this page we presented the ALGT Historical PE Ratio information for Allegiant Travel' stock. The average ALGT historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 23.2. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average ALGT historical PE based on this TTM earnings result method is 23.2. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this ALGT historical PE result, against the recent PE: when this page was posted on 10/8/2026, the most recent closing price for ALGT had been 76.42, and the most recent quarterly earnings result, annualized, was 8.76. Meanwhile, the most recent TTM earnings summed to 6.72. From these numbers, we calculate the recent ALGT PE on 10/8/2026 based on annualized quarterly EPS was 8.7. Based on ALGT's history, that recent PE is low relative to the historical average, with the recent PE 62.5% lower than the historical average PE across our data set for Allegiant Travel. Looking at the recent ALGT PE on 10/8/2026 based on TTM EPS, we calculate the ratio at 11.4. Based on ALGT's history, that recent PE is low relative to the historical average, with the recent PE 50.9% lower than the average PE across our Allegiant Travel data set with TTM EPS used in the calculation at each period.

Another interesting ALGT historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for ALGT, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for ALGT, we start with the past four EPS numbers and we first sort them from lowest to highest: -2.09, 2.19, 2.85, and 3.77. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 2.19 and 2.85 — which gives us the median of 2.52. Basically the way to think about this 2.52 number is this: for the trailing four earnings reports, 2.52 marks the "middle ground" number where ALGT has reported a value higher than 2.52 half the time, and has reported a value lower than 2.52 half the time. Annualizing that median value then gets us to 10.08/share, which we use as the denominator in our next PE calculation. With 76.42 as the numerator (as of 10/8/2026), the calculation is then 76.42 / 10.08 = 7.6 as the ALGT PE ratio as of 10/8/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on ALGT or any other given stock, valuation analysis for ALGT can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Allegiant Travel PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for ALGT. Thanks for visiting, and the next time you need to research ALGT Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.