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

Camping World Holdings, Inc. is the larger business by last-quarter revenue ($1.2B vs $595.5M, roughly 2.0× Allegiant Travel CO). Allegiant Travel CO runs the higher net margin — 5.4% vs -9.3%, a 14.7% gap on every dollar of revenue. On growth, Allegiant Travel CO posted the faster year-over-year revenue change (7.6% vs -2.6%). Over the past eight quarters, Allegiant Travel CO's revenue compounded faster (1.3% CAGR vs -7.2%).

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.

Camping World Holdings, Inc. is an American corporation specializing in selling recreational vehicles (RVs), recreational vehicle parts, and recreational vehicle service. They also sell supplies for camping. The company has its headquarters in Lincolnshire, Illinois. In October 2016 it became a publicly traded company when it raised $251 million in an IPO. Camping World has 202 locations. In addition to its RV dealerships and accessories stores, the company sells goods through phone order and...

ALGT vs CWH — Head-to-Head

Bigger by revenue
CWH
CWH
2.0× larger
CWH
$1.2B
$595.5M
ALGT
Growing faster (revenue YoY)
ALGT
ALGT
+10.1% gap
ALGT
7.6%
-2.6%
CWH
Higher net margin
ALGT
ALGT
14.7% more per $
ALGT
5.4%
-9.3%
CWH
Faster 2-yr revenue CAGR
ALGT
ALGT
Annualised
ALGT
1.3%
-7.2%
CWH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALGT
ALGT
CWH
CWH
Revenue
$595.5M
$1.2B
Net Profit
$31.9M
$-109.1M
Gross Margin
28.8%
Operating Margin
11.2%
-4.3%
Net Margin
5.4%
-9.3%
Revenue YoY
7.6%
-2.6%
Net Profit YoY
114.8%
-83.3%
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
CWH
CWH
Q4 25
$595.5M
$1.2B
Q3 25
$494.1M
$1.8B
Q2 25
$617.9M
$2.0B
Q1 25
$616.8M
$1.4B
Q4 24
$553.6M
$1.2B
Q3 24
$489.0M
$1.7B
Q2 24
$594.5M
$1.8B
Q1 24
$579.9M
$1.4B
Net Profit
ALGT
ALGT
CWH
CWH
Q4 25
$31.9M
$-109.1M
Q3 25
$-43.6M
$-40.4M
Q2 25
$-65.2M
$30.2M
Q1 25
$32.1M
$-12.3M
Q4 24
$-216.2M
$-59.5M
Q3 24
$-36.8M
$5.5M
Q2 24
$13.7M
$9.8M
Q1 24
$-919.0K
$-22.3M
Gross Margin
ALGT
ALGT
CWH
CWH
Q4 25
28.8%
Q3 25
28.6%
Q2 25
30.0%
Q1 25
30.4%
Q4 24
31.3%
Q3 24
28.9%
Q2 24
30.3%
Q1 24
29.5%
Operating Margin
ALGT
ALGT
CWH
CWH
Q4 25
11.2%
-4.3%
Q3 25
-5.5%
4.4%
Q2 25
-10.9%
6.6%
Q1 25
10.5%
1.5%
Q4 24
-47.7%
-1.3%
Q3 24
-5.4%
3.7%
Q2 24
5.9%
5.3%
Q1 24
2.7%
0.3%
Net Margin
ALGT
ALGT
CWH
CWH
Q4 25
5.4%
-9.3%
Q3 25
-8.8%
-2.2%
Q2 25
-10.5%
1.5%
Q1 25
5.2%
-0.9%
Q4 24
-39.1%
-4.9%
Q3 24
-7.5%
0.3%
Q2 24
2.3%
0.5%
Q1 24
-0.2%
-1.6%
EPS (diluted)
ALGT
ALGT
CWH
CWH
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
CWH
CWH
Cash + ST InvestmentsLiquidity on hand
$805.7M
$215.0M
Total DebtLower is stronger
$1.7B
$1.5B
Stockholders' EquityBook value
$1.1B
$228.6M
Total Assets
$4.2B
$5.0B
Debt / EquityLower = less leverage
1.60×
6.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALGT
ALGT
CWH
CWH
Q4 25
$805.7M
$215.0M
Q3 25
$956.7M
$230.5M
Q2 25
$842.8M
$118.1M
Q1 25
$878.6M
$20.9M
Q4 24
$781.1M
$208.4M
Q3 24
$759.3M
$28.4M
Q2 24
$791.9M
$23.7M
Q1 24
$809.9M
$29.7M
Total Debt
ALGT
ALGT
CWH
CWH
Q4 25
$1.7B
$1.5B
Q3 25
$1.8B
$1.5B
Q2 25
$1.8B
$1.5B
Q1 25
$1.7B
$1.5B
Q4 24
$1.6B
$1.5B
Q3 24
$1.8B
$1.5B
Q2 24
$1.7B
$1.5B
Q1 24
$1.8B
$1.6B
Stockholders' Equity
ALGT
ALGT
CWH
CWH
Q4 25
$1.1B
$228.6M
Q3 25
$1.0B
$296.2M
Q2 25
$1.1B
$340.5M
Q1 25
$1.1B
$310.5M
Q4 24
$1.1B
$326.6M
Q3 24
$1.3B
$151.6M
Q2 24
$1.3B
$149.7M
Q1 24
$1.3B
$142.8M
Total Assets
ALGT
ALGT
CWH
CWH
Q4 25
$4.2B
$5.0B
Q3 25
$4.4B
$5.0B
Q2 25
$4.4B
$5.2B
Q1 25
$4.5B
$5.1B
Q4 24
$4.4B
$4.9B
Q3 24
$4.8B
$4.7B
Q2 24
$4.9B
$5.0B
Q1 24
$4.9B
$5.1B
Debt / Equity
ALGT
ALGT
CWH
CWH
Q4 25
1.60×
6.44×
Q3 25
1.76×
5.00×
Q2 25
1.68×
4.42×
Q1 25
1.57×
4.87×
Q4 24
1.48×
4.64×
Q3 24
1.36×
10.09×
Q2 24
1.30×
10.28×
Q1 24
1.35×
11.00×

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
CWH
CWH
Operating Cash FlowLast quarter
$112.2M
$-227.2M
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
CWH
CWH
Q4 25
$112.2M
$-227.2M
Q3 25
$-6.1M
$139.8M
Q2 25
$92.2M
$187.9M
Q1 25
$191.4M
$-232.5M
Q4 24
$84.4M
$-163.4M
Q3 24
$17.3M
$324.2M
Q2 24
$68.9M
$152.3M
Q1 24
$167.8M
$-68.0M
Free Cash Flow
ALGT
ALGT
CWH
CWH
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
CWH
CWH
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
CWH
CWH
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
CWH
CWH
Q4 25
3.51×
Q3 25
Q2 25
6.22×
Q1 25
5.96×
Q4 24
Q3 24
58.93×
Q2 24
5.03×
15.59×
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%

CWH
CWH

New Vehicles$457.8M39%
Used Vehicles$386.5M33%
Products Service And Other$160.5M14%
Finance And Insurance Net$111.4M9%
Good Sam Services And Plans$48.0M4%
Good Sam Club$10.5M1%

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