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Allegiant Travel Co (Allegiant Travel Co) Retained Earnings : $1,265 Mil (As of Dec. 2023)


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What is Allegiant Travel Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Allegiant Travel Co's retained earnings for the quarter that ended in Dec. 2023 was $1,265 Mil.

Allegiant Travel Co's quarterly retained earnings declined from Jun. 2023 ($1,315 Mil) to Sep. 2023 ($1,278 Mil) and declined from Sep. 2023 ($1,278 Mil) to Dec. 2023 ($1,265 Mil).

Allegiant Travel Co's annual retained earnings increased from Dec. 2021 ($1,167 Mil) to Dec. 2022 ($1,170 Mil) and increased from Dec. 2022 ($1,170 Mil) to Dec. 2023 ($1,265 Mil).


Allegiant Travel Co Retained Earnings Historical Data

The historical data trend for Allegiant Travel Co's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Allegiant Travel Co Retained Earnings Chart

Allegiant Travel Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,211.08 1,015.62 1,167.48 1,169.97 1,265.42

Allegiant Travel Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,226.12 1,314.59 1,278.44 1,265.42 -

Allegiant Travel Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Allegiant Travel Co  (NAS:ALGT) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Allegiant Travel Co (Allegiant Travel Co) Business Description

Traded in Other Exchanges
N/A
Address
1201 North Town Center Drive, Las Vegas, NV, USA, 89144
Allegiant Travel Co provides travel services in the United States. It sells air transportation on a stand-alone basis or bundled with air-related and third-party services and products. Customers may also purchase fixed-fee flying arrangements to receive charter service on a year-round and ad hoc basis. Additionally, customers may purchase hotel rooms, ground transportation, and other attractions (for example, entertainment show tickets) to accommodate a trip. The company's operating segment includes Airline, Sunseeker Resort, and other non-airline. Customers purchase travel tickets at airport ticket counters, online, or through its telephone reservation center.
Executives
Scott Wayne Deangelo officer: EVP, Marketing 1201 N TOWN CENTER DRIVE, LAS VEGAS NV 89144
Keny Frank Wilper officer: Interim COO 1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Gary Ellmer director 448 LANG ROAD, PORTSMOUTH NH 03801
Gregory Clark Anderson officer: Chief Accounting Officer 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Wilson Robert Paul Iii officer: EVP and CIO 1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Drew Allen Wells officer: SVP, Chief Revenue Officer 1201 N. TOWN CENTER DRIVE, LAS VEGAS NV 89144
Scott Sheldon officer: Principal Accounting Officer 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Robert James Neal officer: CFO 1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Gallagher Maurice J Jr director, 10 percent owner, officer: CEO and President 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Rebecca Aretos officer: Principal Accounting Officer 1201 N. TOWN CENTER DRIVE., LAS VEGAS NV 89144
Sandra Douglass Morgan director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
John Redmond director 1201 N. TOWN CENTER DRIVE, LAS VEGAS NV 89144
Linda A Marvin officer: CFO and Managing Director 9057 WATERFIELD COURT, LAS VEGAS NV 89134
Charles W. Pollard director 50 CRESCENT AVENUE, SECOND CLIFF, SCITUATE MA 02066
Jude Bricker officer: SVP - Planning 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144