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Side-by-side financial comparison of Allegiant Travel CO (ALGT) and Brookfield Infrastructure Corp (BIPC). Click either name above to swap in a different company.

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $595.5M, roughly 1.5× Allegiant Travel CO). Allegiant Travel CO runs the higher net margin — 5.4% vs -35.7%, a 41.0% gap on every dollar of revenue. On growth, Allegiant Travel CO posted the faster year-over-year revenue change (7.6% vs -4.6%).

Allegiant Air, styled as allegiant, is an American low-cost airline headquartered in Las Vegas, Nevada. The airline focuses on serving leisure traffic from small and medium-sized cities which it considers to be underserved, using an ultra low-cost business model with minimal inclusions in fares and a greater number of add-on fees.

Brookfield Infrastructure Partners L.P. is a publicly traded limited partnership with corporate headquarters in Toronto, Canada, that engages in the acquisition and management of infrastructure assets on a global basis.

ALGT vs BIPC — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.5× larger
BIPC
$866.0M
$595.5M
ALGT
Growing faster (revenue YoY)
ALGT
ALGT
+12.2% gap
ALGT
7.6%
-4.6%
BIPC
Higher net margin
ALGT
ALGT
41.0% more per $
ALGT
5.4%
-35.7%
BIPC

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
ALGT
ALGT
BIPC
BIPC
Revenue
$595.5M
$866.0M
Net Profit
$31.9M
$-309.0M
Gross Margin
65.0%
Operating Margin
11.2%
62.7%
Net Margin
5.4%
-35.7%
Revenue YoY
7.6%
-4.6%
Net Profit YoY
114.8%
-148.1%
EPS (diluted)
$1.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALGT
ALGT
BIPC
BIPC
Q4 25
$595.5M
Q3 25
$494.1M
Q2 25
$617.9M
$866.0M
Q1 25
$616.8M
Q4 24
$553.6M
Q3 24
$489.0M
Q2 24
$594.5M
$908.0M
Q1 24
$579.9M
Net Profit
ALGT
ALGT
BIPC
BIPC
Q4 25
$31.9M
Q3 25
$-43.6M
Q2 25
$-65.2M
$-309.0M
Q1 25
$32.1M
Q4 24
$-216.2M
Q3 24
$-36.8M
Q2 24
$13.7M
$643.0M
Q1 24
$-919.0K
Gross Margin
ALGT
ALGT
BIPC
BIPC
Q4 25
Q3 25
Q2 25
65.0%
Q1 25
Q4 24
Q3 24
Q2 24
63.8%
Q1 24
Operating Margin
ALGT
ALGT
BIPC
BIPC
Q4 25
11.2%
Q3 25
-5.5%
Q2 25
-10.9%
62.7%
Q1 25
10.5%
Q4 24
-47.7%
Q3 24
-5.4%
Q2 24
5.9%
61.9%
Q1 24
2.7%
Net Margin
ALGT
ALGT
BIPC
BIPC
Q4 25
5.4%
Q3 25
-8.8%
Q2 25
-10.5%
-35.7%
Q1 25
5.2%
Q4 24
-39.1%
Q3 24
-7.5%
Q2 24
2.3%
70.8%
Q1 24
-0.2%
EPS (diluted)
ALGT
ALGT
BIPC
BIPC
Q4 25
$1.82
Q3 25
$-2.41
Q2 25
$-3.62
Q1 25
$1.73
Q4 24
$-12.12
Q3 24
$-2.05
Q2 24
$0.75
Q1 24
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALGT
ALGT
BIPC
BIPC
Cash + ST InvestmentsLiquidity on hand
$805.7M
$1.2B
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$1.1B
$2.2B
Total Assets
$4.2B
$23.9B
Debt / EquityLower = less leverage
1.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALGT
ALGT
BIPC
BIPC
Q4 25
$805.7M
Q3 25
$956.7M
Q2 25
$842.8M
$1.2B
Q1 25
$878.6M
Q4 24
$781.1M
Q3 24
$759.3M
Q2 24
$791.9M
$466.0M
Q1 24
$809.9M
Total Debt
ALGT
ALGT
BIPC
BIPC
Q4 25
$1.7B
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
$1.7B
Q4 24
$1.6B
Q3 24
$1.8B
Q2 24
$1.7B
Q1 24
$1.8B
Stockholders' Equity
ALGT
ALGT
BIPC
BIPC
Q4 25
$1.1B
Q3 25
$1.0B
Q2 25
$1.1B
$2.2B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.3B
Q2 24
$1.3B
$3.5B
Q1 24
$1.3B
Total Assets
ALGT
ALGT
BIPC
BIPC
Q4 25
$4.2B
Q3 25
$4.4B
Q2 25
$4.4B
$23.9B
Q1 25
$4.5B
Q4 24
$4.4B
Q3 24
$4.8B
Q2 24
$4.9B
$23.7B
Q1 24
$4.9B
Debt / Equity
ALGT
ALGT
BIPC
BIPC
Q4 25
1.60×
Q3 25
1.76×
Q2 25
1.68×
Q1 25
1.57×
Q4 24
1.48×
Q3 24
1.36×
Q2 24
1.30×
Q1 24
1.35×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALGT
ALGT
BIPC
BIPC
Operating Cash FlowLast quarter
$112.2M
$478.0M
Free Cash FlowOCF − Capex
$90.4M
FCF MarginFCF / Revenue
15.2%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
3.51×
TTM Free Cash FlowTrailing 4 quarters
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALGT
ALGT
BIPC
BIPC
Q4 25
$112.2M
Q3 25
$-6.1M
Q2 25
$92.2M
$478.0M
Q1 25
$191.4M
Q4 24
$84.4M
Q3 24
$17.3M
Q2 24
$68.9M
$511.0M
Q1 24
$167.8M
Free Cash Flow
ALGT
ALGT
BIPC
BIPC
Q4 25
$90.4M
Q3 25
$-121.7M
Q2 25
$-10.5M
Q1 25
$116.9M
Q4 24
$24.0M
Q3 24
$-28.7M
Q2 24
$7.0M
Q1 24
$35.9M
FCF Margin
ALGT
ALGT
BIPC
BIPC
Q4 25
15.2%
Q3 25
-24.6%
Q2 25
-1.7%
Q1 25
19.0%
Q4 24
4.3%
Q3 24
-5.9%
Q2 24
1.2%
Q1 24
6.2%
Capex Intensity
ALGT
ALGT
BIPC
BIPC
Q4 25
3.7%
Q3 25
23.4%
Q2 25
16.6%
Q1 25
12.1%
Q4 24
10.9%
Q3 24
9.4%
Q2 24
10.4%
Q1 24
22.7%
Cash Conversion
ALGT
ALGT
BIPC
BIPC
Q4 25
3.51×
Q3 25
Q2 25
Q1 25
5.96×
Q4 24
Q3 24
Q2 24
5.03×
0.79×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALGT
ALGT

Airrelatedrevenue$307.1M52%
Scheduled Service Revenue$267.1M45%
Cobrand Revenue$21.3M4%
Other$1.0K0%

BIPC
BIPC

Segment breakdown not available.

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