Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Allegiant Travel Co's share price for the quarter that ended in Sep. 2024 was $55.06. Allegiant Travel Co's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 18 Mil. Therefore, Allegiant Travel Co's market cap for the quarter that ended in Sep. 2024 was $1,011 Mil.
Allegiant Travel Co's quarterly market cap
declined
from Mar. 2024 ($1,375 Mil) to Jun. 2024 ($920 Mil) but then
increased
from Jun. 2024 ($920 Mil) to Sep. 2024 ($1,011 Mil).
Allegiant Travel Co's annual market cap
declined
from Dec. 2021 ($3,388 Mil) to Dec. 2022 ($1,233 Mil) but then
increased
from Dec. 2022 ($1,233 Mil) to Dec. 2023 ($1,509 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Allegiant Travel Co's Enterprise Value for Today is $3,120 Mil.
Allegiant Travel Co Market Cap Historical Data
The historical data trend for Allegiant Travel Co's Market Cap 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.
Competitive Comparison of Allegiant Travel Co's Market Cap
For the Airlines subindustry, Allegiant Travel Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Allegiant Travel Co's Market Cap Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Allegiant Travel Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Allegiant Travel Co's Market Cap falls into.
Allegiant Travel Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Allegiant Travel Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Allegiant Travel Co (NAS:ALGT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Allegiant Travel Co Market Cap Related Terms
Thank you for viewing the detailed overview of Allegiant Travel Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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-airlines. Customers purchase travel tickets at airport ticket counters, online, or through its telephone reservation center.
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