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Side-by-side financial comparison of Allegiant Travel CO (ALGT) and OCEANEERING INTERNATIONAL INC (OII). Click either name above to swap in a different company.

Allegiant Travel CO is the larger business by last-quarter revenue ($732.4M vs $692.4M, roughly 1.1× OCEANEERING INTERNATIONAL INC). Allegiant Travel CO runs the higher net margin — 5.8% vs 5.2%, a 0.6% gap on every dollar of revenue. On growth, Allegiant Travel CO posted the faster year-over-year revenue change (4.8% vs 3.6%). Over the past eight quarters, Allegiant Travel CO's revenue compounded faster (11.0% CAGR vs 1.8%).

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.

Oceaneering International, Inc. is a subsea engineering and applied technology company based in Houston, Texas, U.S. that provides engineered services and hardware to customers who operate in marine, space, and other environments.

ALGT vs OII — Head-to-Head

Bigger by revenue
ALGT
ALGT
1.1× larger
ALGT
$732.4M
$692.4M
OII
Growing faster (revenue YoY)
ALGT
ALGT
+1.2% gap
ALGT
4.8%
3.6%
OII
Higher net margin
ALGT
ALGT
0.6% more per $
ALGT
5.8%
5.2%
OII
Faster 2-yr revenue CAGR
ALGT
ALGT
Annualised
ALGT
11.0%
1.8%
OII

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALGT
ALGT
OII
OII
Revenue
$732.4M
$692.4M
Net Profit
$42.5M
$36.1M
Gross Margin
Operating Margin
11.1%
Net Margin
5.8%
5.2%
Revenue YoY
4.8%
3.6%
Net Profit YoY
32.4%
-28.3%
EPS (diluted)
$2.30
$0.36

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
OII
OII
Q1 26
$732.4M
$692.4M
Q4 25
$595.5M
$668.6M
Q3 25
$494.1M
$742.9M
Q2 25
$617.9M
$698.2M
Q1 25
$616.8M
$674.5M
Q4 24
$553.6M
$713.5M
Q3 24
$489.0M
$679.8M
Q2 24
$594.5M
$668.8M
Net Profit
ALGT
ALGT
OII
OII
Q1 26
$42.5M
$36.1M
Q4 25
$31.9M
$177.7M
Q3 25
$-43.6M
$71.3M
Q2 25
$-65.2M
$54.4M
Q1 25
$32.1M
$50.4M
Q4 24
$-216.2M
$56.1M
Q3 24
$-36.8M
$41.2M
Q2 24
$13.7M
$35.0M
Gross Margin
ALGT
ALGT
OII
OII
Q1 26
Q4 25
19.8%
Q3 25
20.6%
Q2 25
21.3%
Q1 25
20.0%
Q4 24
19.9%
Q3 24
19.3%
Q2 24
18.0%
Operating Margin
ALGT
ALGT
OII
OII
Q1 26
11.1%
Q4 25
11.2%
9.8%
Q3 25
-5.5%
11.6%
Q2 25
-10.9%
11.3%
Q1 25
10.5%
10.9%
Q4 24
-47.7%
10.9%
Q3 24
-5.4%
10.5%
Q2 24
5.9%
9.0%
Net Margin
ALGT
ALGT
OII
OII
Q1 26
5.8%
5.2%
Q4 25
5.4%
26.6%
Q3 25
-8.8%
9.6%
Q2 25
-10.5%
7.8%
Q1 25
5.2%
7.5%
Q4 24
-39.1%
7.9%
Q3 24
-7.5%
6.1%
Q2 24
2.3%
5.2%
EPS (diluted)
ALGT
ALGT
OII
OII
Q1 26
$2.30
$0.36
Q4 25
$1.82
$1.75
Q3 25
$-2.41
$0.71
Q2 25
$-3.62
$0.54
Q1 25
$1.73
$0.49
Q4 24
$-12.12
$0.55
Q3 24
$-2.05
$0.40
Q2 24
$0.75
$0.34

Balance Sheet & Financial Strength

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

Metric
ALGT
ALGT
OII
OII
Cash + ST InvestmentsLiquidity on hand
$902.1M
Total DebtLower is stronger
$488.8M
Stockholders' EquityBook value
$1.1B
Total Assets
$2.6B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALGT
ALGT
OII
OII
Q1 26
$902.1M
Q4 25
$805.7M
$695.9M
Q3 25
$956.7M
$7.0M
Q2 25
$842.8M
$7.0M
Q1 25
$878.6M
$7.0M
Q4 24
$781.1M
$504.5M
Q3 24
$759.3M
Q2 24
$791.9M
Total Debt
ALGT
ALGT
OII
OII
Q1 26
$488.8M
Q4 25
$1.7B
$487.4M
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
$1.7B
Q4 24
$1.6B
$482.0M
Q3 24
$1.8B
Q2 24
$1.7B
Stockholders' Equity
ALGT
ALGT
OII
OII
Q1 26
$1.1B
Q4 25
$1.1B
$1.1B
Q3 25
$1.0B
$907.7M
Q2 25
$1.1B
$842.1M
Q1 25
$1.1B
$773.1M
Q4 24
$1.1B
$714.3M
Q3 24
$1.3B
$698.0M
Q2 24
$1.3B
$651.0M
Total Assets
ALGT
ALGT
OII
OII
Q1 26
$2.6B
Q4 25
$4.2B
$2.7B
Q3 25
$4.4B
$2.5B
Q2 25
$4.4B
$2.3B
Q1 25
$4.5B
$2.3B
Q4 24
$4.4B
$2.3B
Q3 24
$4.8B
$2.4B
Q2 24
$4.9B
$2.3B
Debt / Equity
ALGT
ALGT
OII
OII
Q1 26
0.44×
Q4 25
1.60×
0.46×
Q3 25
1.76×
Q2 25
1.68×
Q1 25
1.57×
Q4 24
1.48×
0.67×
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
OII
OII
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-76.5M
FCF MarginFCF / Revenue
-11.1%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$238.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALGT
ALGT
OII
OII
Q1 26
Q4 25
$112.2M
$221.1M
Q3 25
$-6.1M
$101.3M
Q2 25
$92.2M
$77.2M
Q1 25
$191.4M
$-80.7M
Q4 24
$84.4M
$128.4M
Q3 24
$17.3M
$91.9M
Q2 24
$68.9M
$52.6M
Free Cash Flow
ALGT
ALGT
OII
OII
Q1 26
$-76.5M
Q4 25
$90.4M
$190.7M
Q3 25
$-121.7M
$77.0M
Q2 25
$-10.5M
$46.9M
Q1 25
$116.9M
$-106.8M
Q4 24
$24.0M
$94.5M
Q3 24
$-28.7M
$67.0M
Q2 24
$7.0M
$29.8M
FCF Margin
ALGT
ALGT
OII
OII
Q1 26
-11.1%
Q4 25
15.2%
28.5%
Q3 25
-24.6%
10.4%
Q2 25
-1.7%
6.7%
Q1 25
19.0%
-15.8%
Q4 24
4.3%
13.2%
Q3 24
-5.9%
9.9%
Q2 24
1.2%
4.5%
Capex Intensity
ALGT
ALGT
OII
OII
Q1 26
2.5%
Q4 25
3.7%
4.6%
Q3 25
23.4%
3.3%
Q2 25
16.6%
4.3%
Q1 25
12.1%
3.9%
Q4 24
10.9%
4.7%
Q3 24
9.4%
3.7%
Q2 24
10.4%
3.4%
Cash Conversion
ALGT
ALGT
OII
OII
Q1 26
Q4 25
3.51×
1.24×
Q3 25
1.42×
Q2 25
1.42×
Q1 25
5.96×
-1.60×
Q4 24
2.29×
Q3 24
2.23×
Q2 24
5.03×
1.50×

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%

OII
OII

Segment breakdown not available.

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