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Side-by-side financial comparison of Allegiant Travel CO (ALGT) and BXP, Inc. (BXP). Click either name above to swap in a different company.

BXP, Inc. is the larger business by last-quarter revenue ($872.1M vs $595.5M, roughly 1.5× Allegiant Travel CO). BXP, Inc. runs the higher net margin — 15.3% vs 5.4%, a 9.9% gap on every dollar of revenue. On growth, Allegiant Travel CO posted the faster year-over-year revenue change (7.6% vs 0.8%). Over the past eight quarters, Allegiant Travel CO's revenue compounded faster (1.3% CAGR vs 1.3%).

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.

BXP Inc., operating as Boston Properties, is a leading U.S. real estate investment trust focused on owning, managing and developing high-quality Class A commercial office properties across major U.S. metro markets, serving diverse corporate, tech and professional service tenants.

ALGT vs BXP — Head-to-Head

Bigger by revenue
BXP
BXP
1.5× larger
BXP
$872.1M
$595.5M
ALGT
Growing faster (revenue YoY)
ALGT
ALGT
+6.8% gap
ALGT
7.6%
0.8%
BXP
Higher net margin
BXP
BXP
9.9% more per $
BXP
15.3%
5.4%
ALGT
Faster 2-yr revenue CAGR
ALGT
ALGT
Annualised
ALGT
1.3%
1.3%
BXP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ALGT
ALGT
BXP
BXP
Revenue
$595.5M
$872.1M
Net Profit
$31.9M
$133.0M
Gross Margin
Operating Margin
11.2%
Net Margin
5.4%
15.3%
Revenue YoY
7.6%
0.8%
Net Profit YoY
114.8%
53.0%
EPS (diluted)
$1.82
$1.69

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
BXP
BXP
Q1 26
$872.1M
Q4 25
$595.5M
$877.1M
Q3 25
$494.1M
$871.5M
Q2 25
$617.9M
$868.5M
Q1 25
$616.8M
$865.2M
Q4 24
$553.6M
$858.6M
Q3 24
$489.0M
$859.2M
Q2 24
$594.5M
$850.5M
Net Profit
ALGT
ALGT
BXP
BXP
Q1 26
$133.0M
Q4 25
$31.9M
$248.4M
Q3 25
$-43.6M
$-121.7M
Q2 25
$-65.2M
$89.0M
Q1 25
$32.1M
$61.2M
Q4 24
$-216.2M
$-228.9M
Q3 24
$-36.8M
$83.6M
Q2 24
$13.7M
$79.6M
Gross Margin
ALGT
ALGT
BXP
BXP
Q1 26
Q4 25
58.8%
Q3 25
59.3%
Q2 25
59.2%
Q1 25
59.2%
Q4 24
59.7%
Q3 24
59.5%
Q2 24
59.8%
Operating Margin
ALGT
ALGT
BXP
BXP
Q1 26
Q4 25
11.2%
Q3 25
-5.5%
Q2 25
-10.9%
Q1 25
10.5%
Q4 24
-47.7%
Q3 24
-5.4%
Q2 24
5.9%
Net Margin
ALGT
ALGT
BXP
BXP
Q1 26
15.3%
Q4 25
5.4%
28.3%
Q3 25
-8.8%
-14.0%
Q2 25
-10.5%
10.2%
Q1 25
5.2%
7.1%
Q4 24
-39.1%
-26.7%
Q3 24
-7.5%
9.7%
Q2 24
2.3%
9.4%
EPS (diluted)
ALGT
ALGT
BXP
BXP
Q1 26
$1.69
Q4 25
$1.82
$1.56
Q3 25
$-2.41
$-0.77
Q2 25
$-3.62
$0.56
Q1 25
$1.73
$0.39
Q4 24
$-12.12
$-1.46
Q3 24
$-2.05
$0.53
Q2 24
$0.75
$0.51

Balance Sheet & Financial Strength

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

Metric
ALGT
ALGT
BXP
BXP
Cash + ST InvestmentsLiquidity on hand
$805.7M
$512.8M
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$1.1B
$7.7B
Total Assets
$4.2B
$25.1B
Debt / EquityLower = less leverage
1.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALGT
ALGT
BXP
BXP
Q1 26
$512.8M
Q4 25
$805.7M
$1.5B
Q3 25
$956.7M
$861.1M
Q2 25
$842.8M
$447.0M
Q1 25
$878.6M
$398.1M
Q4 24
$781.1M
$1.3B
Q3 24
$759.3M
$1.4B
Q2 24
$791.9M
$685.4M
Total Debt
ALGT
ALGT
BXP
BXP
Q1 26
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
Stockholders' Equity
ALGT
ALGT
BXP
BXP
Q1 26
$7.7B
Q4 25
$1.1B
$5.1B
Q3 25
$1.0B
$5.0B
Q2 25
$1.1B
$5.3B
Q1 25
$1.1B
$5.3B
Q4 24
$1.1B
$5.4B
Q3 24
$1.3B
$5.8B
Q2 24
$1.3B
$5.8B
Total Assets
ALGT
ALGT
BXP
BXP
Q1 26
$25.1B
Q4 25
$4.2B
$26.2B
Q3 25
$4.4B
$26.0B
Q2 25
$4.4B
$25.6B
Q1 25
$4.5B
$25.4B
Q4 24
$4.4B
$26.1B
Q3 24
$4.8B
$26.4B
Q2 24
$4.9B
$25.5B
Debt / Equity
ALGT
ALGT
BXP
BXP
Q1 26
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×

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
BXP
BXP
Operating Cash FlowLast quarter
$112.2M
Free Cash FlowOCF − Capex
$90.4M
FCF MarginFCF / Revenue
15.2%
Capex IntensityCapex / Revenue
3.7%
1.5%
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
BXP
BXP
Q1 26
Q4 25
$112.2M
$407.8M
Q3 25
$-6.1M
$274.2M
Q2 25
$92.2M
$353.1M
Q1 25
$191.4M
$210.0M
Q4 24
$84.4M
$383.7M
Q3 24
$17.3M
$286.1M
Q2 24
$68.9M
$367.1M
Free Cash Flow
ALGT
ALGT
BXP
BXP
Q1 26
Q4 25
$90.4M
$362.7M
Q3 25
$-121.7M
$231.6M
Q2 25
$-10.5M
$281.5M
Q1 25
$116.9M
$152.6M
Q4 24
$24.0M
$312.5M
Q3 24
$-28.7M
$234.5M
Q2 24
$7.0M
$332.4M
FCF Margin
ALGT
ALGT
BXP
BXP
Q1 26
Q4 25
15.2%
41.4%
Q3 25
-24.6%
26.6%
Q2 25
-1.7%
32.4%
Q1 25
19.0%
17.6%
Q4 24
4.3%
36.4%
Q3 24
-5.9%
27.3%
Q2 24
1.2%
39.1%
Capex Intensity
ALGT
ALGT
BXP
BXP
Q1 26
1.5%
Q4 25
3.7%
5.1%
Q3 25
23.4%
4.9%
Q2 25
16.6%
8.2%
Q1 25
12.1%
6.6%
Q4 24
10.9%
8.3%
Q3 24
9.4%
6.0%
Q2 24
10.4%
4.1%
Cash Conversion
ALGT
ALGT
BXP
BXP
Q1 26
Q4 25
3.51×
1.64×
Q3 25
Q2 25
3.97×
Q1 25
5.96×
3.43×
Q4 24
Q3 24
3.42×
Q2 24
5.03×
4.61×

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%

BXP
BXP

Lease$818.2M94%
Parking and other$30.8M4%
Development and management services$9.2M1%

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