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

Allegiant Travel CO is the larger business by last-quarter revenue ($732.4M vs $335.6M, roughly 2.2× Natural Grocers by Vitamin Cottage, Inc.). Allegiant Travel CO runs the higher net margin — 5.8% vs 3.4%, a 2.4% gap on every dollar of revenue. On growth, Allegiant Travel CO posted the faster year-over-year revenue change (4.8% vs 1.6%). Over the past eight quarters, Allegiant Travel CO's revenue compounded faster (11.0% CAGR vs 4.4%).

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.

Natural Grocers by Vitamin Cottage, Inc. is a U.S.-based specialty retail chain that offers certified organic groceries, dietary supplements, natural personal care items, and eco-friendly household products. It serves health-conscious consumers across multiple U.S. states, following strict quality standards that exclude artificial preservatives, colors, flavors and harmful additives.

ALGT vs NGVC — Head-to-Head

Bigger by revenue
ALGT
ALGT
2.2× larger
ALGT
$732.4M
$335.6M
NGVC
Growing faster (revenue YoY)
ALGT
ALGT
+3.1% gap
ALGT
4.8%
1.6%
NGVC
Higher net margin
ALGT
ALGT
2.4% more per $
ALGT
5.8%
3.4%
NGVC
Faster 2-yr revenue CAGR
ALGT
ALGT
Annualised
ALGT
11.0%
4.4%
NGVC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALGT
ALGT
NGVC
NGVC
Revenue
$732.4M
$335.6M
Net Profit
$42.5M
$11.3M
Gross Margin
29.5%
Operating Margin
11.1%
4.4%
Net Margin
5.8%
3.4%
Revenue YoY
4.8%
1.6%
Net Profit YoY
32.4%
14.0%
EPS (diluted)
$2.30
$0.49

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
NGVC
NGVC
Q1 26
$732.4M
Q4 25
$595.5M
$335.6M
Q3 25
$494.1M
$336.1M
Q2 25
$617.9M
$328.7M
Q1 25
$616.8M
$335.8M
Q4 24
$553.6M
$330.2M
Q3 24
$489.0M
$322.7M
Q2 24
$594.5M
$309.1M
Net Profit
ALGT
ALGT
NGVC
NGVC
Q1 26
$42.5M
Q4 25
$31.9M
$11.3M
Q3 25
$-43.6M
$11.8M
Q2 25
$-65.2M
$11.6M
Q1 25
$32.1M
$13.1M
Q4 24
$-216.2M
$9.9M
Q3 24
$-36.8M
$9.0M
Q2 24
$13.7M
$9.2M
Gross Margin
ALGT
ALGT
NGVC
NGVC
Q1 26
Q4 25
29.5%
Q3 25
29.5%
Q2 25
29.9%
Q1 25
30.3%
Q4 24
29.9%
Q3 24
29.6%
Q2 24
29.2%
Operating Margin
ALGT
ALGT
NGVC
NGVC
Q1 26
11.1%
Q4 25
11.2%
4.4%
Q3 25
-5.5%
4.6%
Q2 25
-10.9%
4.7%
Q1 25
10.5%
5.2%
Q4 24
-47.7%
4.0%
Q3 24
-5.4%
3.7%
Q2 24
5.9%
4.2%
Net Margin
ALGT
ALGT
NGVC
NGVC
Q1 26
5.8%
Q4 25
5.4%
3.4%
Q3 25
-8.8%
3.5%
Q2 25
-10.5%
3.5%
Q1 25
5.2%
3.9%
Q4 24
-39.1%
3.0%
Q3 24
-7.5%
2.8%
Q2 24
2.3%
3.0%
EPS (diluted)
ALGT
ALGT
NGVC
NGVC
Q1 26
$2.30
Q4 25
$1.82
$0.49
Q3 25
$-2.41
$0.51
Q2 25
$-3.62
$0.50
Q1 25
$1.73
$0.56
Q4 24
$-12.12
$0.43
Q3 24
$-2.05
$0.38
Q2 24
$0.75
$0.40

Balance Sheet & Financial Strength

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

Metric
ALGT
ALGT
NGVC
NGVC
Cash + ST InvestmentsLiquidity on hand
$902.1M
$23.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$220.0M
Total Assets
$668.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALGT
ALGT
NGVC
NGVC
Q1 26
$902.1M
Q4 25
$805.7M
$23.2M
Q3 25
$956.7M
$17.1M
Q2 25
$842.8M
$13.2M
Q1 25
$878.6M
$21.2M
Q4 24
$781.1M
$6.3M
Q3 24
$759.3M
$8.9M
Q2 24
$791.9M
$13.9M
Total Debt
ALGT
ALGT
NGVC
NGVC
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
NGVC
NGVC
Q1 26
Q4 25
$1.1B
$220.0M
Q3 25
$1.0B
$212.4M
Q2 25
$1.1B
$202.5M
Q1 25
$1.1B
$193.0M
Q4 24
$1.1B
$181.9M
Q3 24
$1.3B
$174.3M
Q2 24
$1.3B
$167.8M
Total Assets
ALGT
ALGT
NGVC
NGVC
Q1 26
Q4 25
$4.2B
$668.6M
Q3 25
$4.4B
$670.5M
Q2 25
$4.4B
$659.0M
Q1 25
$4.5B
$664.6M
Q4 24
$4.4B
$648.9M
Q3 24
$4.8B
$655.5M
Q2 24
$4.9B
$654.4M
Debt / Equity
ALGT
ALGT
NGVC
NGVC
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
NGVC
NGVC
Operating Cash FlowLast quarter
$21.1M
Free Cash FlowOCF − Capex
$11.6M
FCF MarginFCF / Revenue
3.4%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
1.86×
TTM Free Cash FlowTrailing 4 quarters
$42.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALGT
ALGT
NGVC
NGVC
Q1 26
Q4 25
$112.2M
$21.1M
Q3 25
$-6.1M
$15.6M
Q2 25
$92.2M
$2.9M
Q1 25
$191.4M
$34.1M
Q4 24
$84.4M
$2.7M
Q3 24
$17.3M
$24.5M
Q2 24
$68.9M
$12.4M
Free Cash Flow
ALGT
ALGT
NGVC
NGVC
Q1 26
Q4 25
$90.4M
$11.6M
Q3 25
$-121.7M
$7.5M
Q2 25
$-10.5M
$-4.2M
Q1 25
$116.9M
$27.6M
Q4 24
$24.0M
$-6.9M
Q3 24
$-28.7M
$18.0M
Q2 24
$7.0M
$3.6M
FCF Margin
ALGT
ALGT
NGVC
NGVC
Q1 26
Q4 25
15.2%
3.4%
Q3 25
-24.6%
2.2%
Q2 25
-1.7%
-1.3%
Q1 25
19.0%
8.2%
Q4 24
4.3%
-2.1%
Q3 24
-5.9%
5.6%
Q2 24
1.2%
1.2%
Capex Intensity
ALGT
ALGT
NGVC
NGVC
Q1 26
Q4 25
3.7%
2.9%
Q3 25
23.4%
2.4%
Q2 25
16.6%
2.2%
Q1 25
12.1%
1.9%
Q4 24
10.9%
2.9%
Q3 24
9.4%
2.0%
Q2 24
10.4%
2.9%
Cash Conversion
ALGT
ALGT
NGVC
NGVC
Q1 26
Q4 25
3.51×
1.86×
Q3 25
1.32×
Q2 25
0.25×
Q1 25
5.96×
2.60×
Q4 24
0.27×
Q3 24
2.72×
Q2 24
5.03×
1.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALGT
ALGT

Passenger$671.8M92%
Third party products$42.3M6%
Fixed fee contracts$18.1M2%
Resort and other$175.0K0%

NGVC
NGVC

Grocery$243.8M73%
Dietary Supplements$60.7M18%
Manufactured Product Other$31.0M9%

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