Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Allegiant Travel Co's 3-Year RORE % for the quarter that ended in Sep. 2024 was 21.36%.
The industry rank for Allegiant Travel Co's 3-Year RORE % or its related term are showing as below:
ALGT's 3-Year RORE % is ranked better than 69.68% of 907
companies
in the Transportation industry
Industry Median: -2.89
vs ALGT: 21.36
Allegiant Travel Co 3-Year RORE % Historical Data
The historical data trend for Allegiant Travel Co's 3-Year RORE % 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 3-Year RORE %
For the Airlines subindustry, Allegiant Travel Co's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Allegiant Travel Co's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Allegiant Travel Co's 3-Year RORE % falls into.
Allegiant Travel Co 3-Year RORE % Calculation
Allegiant Travel Co's 3-Year RORE % for the quarter that ended in Sep. 2024 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.
In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 3-year before.
Allegiant Travel Co (NAS:ALGT) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Allegiant Travel Co 3-Year RORE % Related Terms
Thank you for viewing the detailed overview of Allegiant Travel Co's 3-Year RORE % 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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