Allegiant Travel Company (ALGT) vs JetBlue Airways Corporation (JBLU)

Allegiant Travel Company and JetBlue Airways Corporation are both Airlines companies. Allegiant Travel Company is the larger, with a market value of $2.1B against $1.7B — 1.3× the size. JetBlue Airways Corporation has negative trailing earnings, so its P/E is not meaningful; Allegiant Travel Company trades at 55.7×. Allegiant Travel Company grew revenue faster over the last twelve months: 12.2% against 3.99%. Allegiant Travel Company has the higher net margin (0.91% vs −9.32%) and the higher return on invested capital (2.56% vs −4.40%). Across the 19 metrics below, Allegiant Travel Company leads on 15 and JetBlue Airways Corporation on 4.

Valuation

Metric ALGT JBLU Airlines median
P/E 55.70 n/m 10.32
P/S 0.62 0.17 0.57
P/B 1.02 1.04 2.06
Price to free cash flow 9.34 n/m 13.20
EV/EBITDA 13.54 55.48 9.68
EV/Sales 1.21 0.85 0.89
Earnings yield 1.80% (54.32%) 2.85%
Free cash flow yield 10.71% (71.28%) 3.17%

Profitability

Metric ALGT JBLU Airlines median
Gross margin 25.04% 57.16% 42.57%
Operating margin 4.90% (5.95%) 4.18%
Net margin 0.91% (9.32%) 1.85%
Free cash flow margin 6.69% (12.41%) 4.31%
Return on equity 1.85% (44.36%) 10.75%
Return on assets 0.48% (5.33%) 1.67%
Return on invested capital 2.56% (4.40%) 3.19%

Growth

Metric ALGT JBLU Airlines median
Revenue growth (TTM) 12.24% 3.99% 9.79%
EPS growth (last fiscal year) 81.58% 27.83% —
Revenue growth, 5-year CAGR 21.36% 25.10% 25.83%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ALGT JBLU Airlines median
Debt to equity 1.56 5.34 0.81
Current ratio 0.83 0.70 0.60
Net debt to EBITDA 3.41 19.50 1.42

Dividend

Metric ALGT JBLU Airlines median
Dividend yield 0.77% — 0.82%
Payout ratio 0.00 0.00 0.00

Size

Metric ALGT JBLU Airlines median
Market cap 2.10b 1.66b 3.91b

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