Allegiant Travel (ALGT) vs SkyWest (SKYW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Allegiant Travel (ALGT) has outperformed SkyWest (SKYW) over the past year, gaining 25.8% versus a loss of 2.9%. Over five years, SKYW leads with a +95.7% price change compared with -59.8% for ALGT. SkyWest is the larger company by market cap ($3.75 billion vs $2.09 billion), about 1.8 times the size.
On valuation, Allegiant Travel trades at a lower forward P/E (7.8x vs 8.0x for SkyWest). SkyWest converts more of its revenue into profit, with a net margin of 10.6% versus -1.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ALGT | SKYW |
|---|---|---|
| Share price | $76.43 | $96.52 |
| Market cap | $2.09B | $3.75B |
| 1-day change | +0.02% | -0.22% |
| YTD return | -10.37% | -3.66% |
| 1-year return | +25.83% | -2.85% |
| 5-year return | -59.79% | +95.73% |
| P/E ratio (TTM) | 65.32 | 9.59 |
| Forward P/E | 7.76 | 7.97 |
| EPS (TTM) | $1.17 | $10.06 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $2.61B | $4.06B |
| Revenue growth (YoY) | +3.74% | +15.03% |
| Net income (latest FY) | $-44.70M | $428.33M |
| Operating margin | 1.43% | 15.22% |
| Net margin | -1.71% | 10.55% |
| 52-week high | $123.63 | $117.72 |
| 52-week low | $57.11 | $77.89 |
| Distance from 52-week high | -38.18% | -18.01% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +57.28% | +29.85% |
| Average volume | 499.80K | 360.14K |
| Shares outstanding | 27.34M | 38.83M |
| Employees | 8,484 | 13,818 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Air Freight/Delivery Services | Air Freight/Delivery Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ALGT has outperformed SKYW by 28.7 percentage points over the past year.
- Allegiant Travel trades at a higher earnings multiple (65.3x vs 9.6x trailing P/E).
- SkyWest is more profitable, keeping 10.6 cents of every revenue dollar as net income versus -1.7 cents for Allegiant Travel.
- SkyWest grew revenue faster in its latest fiscal year (+15.03% vs +3.74%).
About Allegiant Travel
ALGT stock →Allegiant Travel Company, a leisure travel company, provides travel and leisure services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between underserved cities and leisure destinations.
Consumer Discretionary · Air Freight/Delivery Services · 8,484 employees
About SkyWest
SKYW stock →SkyWest, Inc., through its subsidiaries, engages in the operation of a regional airline in the United States. It operates through SkyWest Airlines and SWC; and SkyWest Leasing segments.
Consumer Discretionary · Air Freight/Delivery Services · 13,818 employees
ALGT vs SKYW FAQ
Which is bigger, Allegiant Travel or SkyWest?
SkyWest (SKYW) is larger, with a market capitalization of $3.75B compared with $2.09B for Allegiant Travel (ALGT).
Which stock has performed better over the past year, ALGT or SKYW?
ALGT returned +25.83% over the past 12 months, compared with -2.85% for SKYW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ALGT or SKYW?
SKYW has the lower trailing P/E at 9.6, versus 65.3 for ALGT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Allegiant Travel and SkyWest in the same industry?
Yes. Both are classified in the Air Freight/Delivery Services industry within the Consumer Discretionary sector.