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Side-by-side financial comparison of Allegiant Travel CO (ALGT) and BLUE OWL CAPITAL INC. (OWL). Click either name above to swap in a different company.
BLUE OWL CAPITAL INC. is the larger business by last-quarter revenue ($755.6M vs $732.4M, roughly 1.0× Allegiant Travel CO). BLUE OWL CAPITAL INC. runs the higher net margin — 6.3% vs 5.8%, a 0.5% gap on every dollar of revenue. On growth, BLUE OWL CAPITAL INC. posted the faster year-over-year revenue change (19.7% vs 4.8%). Over the past eight quarters, BLUE OWL CAPITAL INC.'s revenue compounded faster (21.3% CAGR vs 11.0%).
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.
Blue Owl Capital Inc. is an American alternative investment asset management company that is listed on the New York Stock Exchange under the ticker symbol: "OWL". Headquartered in New York City, it has additional offices around the world, including London, Dubai, and Hong Kong.
ALGT vs OWL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $732.4M | $755.6M |
| Net Profit | $42.5M | $47.7M |
| Gross Margin | — | — |
| Operating Margin | 11.1% | 22.2% |
| Net Margin | 5.8% | 6.3% |
| Revenue YoY | 4.8% | 19.7% |
| Net Profit YoY | 32.4% | 129.8% |
| EPS (diluted) | $2.30 | $0.07 |
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.
| Q1 26 | $732.4M | — | ||
| Q4 25 | $595.5M | $755.6M | ||
| Q3 25 | $494.1M | $728.0M | ||
| Q2 25 | $617.9M | $703.1M | ||
| Q1 25 | $616.8M | $683.5M | ||
| Q4 24 | $553.6M | $631.4M | ||
| Q3 24 | $489.0M | $600.9M | ||
| Q2 24 | $594.5M | $549.8M |
| Q1 26 | $42.5M | — | ||
| Q4 25 | $31.9M | $47.7M | ||
| Q3 25 | $-43.6M | $6.3M | ||
| Q2 25 | $-65.2M | $17.4M | ||
| Q1 25 | $32.1M | $7.4M | ||
| Q4 24 | $-216.2M | $20.7M | ||
| Q3 24 | $-36.8M | $29.8M | ||
| Q2 24 | $13.7M | $33.9M |
| Q1 26 | 11.1% | — | ||
| Q4 25 | 11.2% | 22.2% | ||
| Q3 25 | -5.5% | 7.6% | ||
| Q2 25 | -10.9% | 12.0% | ||
| Q1 25 | 10.5% | 5.9% | ||
| Q4 24 | -47.7% | 11.7% | ||
| Q3 24 | -5.4% | 18.7% | ||
| Q2 24 | 5.9% | 28.4% |
| Q1 26 | 5.8% | — | ||
| Q4 25 | 5.4% | 6.3% | ||
| Q3 25 | -8.8% | 0.9% | ||
| Q2 25 | -10.5% | 2.5% | ||
| Q1 25 | 5.2% | 1.1% | ||
| Q4 24 | -39.1% | 3.3% | ||
| Q3 24 | -7.5% | 5.0% | ||
| Q2 24 | 2.3% | 6.2% |
| Q1 26 | $2.30 | — | ||
| Q4 25 | $1.82 | $0.07 | ||
| Q3 25 | $-2.41 | $0.01 | ||
| Q2 25 | $-3.62 | $0.02 | ||
| Q1 25 | $1.73 | $0.00 | ||
| Q4 24 | $-12.12 | $0.06 | ||
| Q3 24 | $-2.05 | $0.04 | ||
| Q2 24 | $0.75 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $902.1M | $194.5M |
| Total DebtLower is stronger | — | $3.3B |
| Stockholders' EquityBook value | — | $2.2B |
| Total Assets | — | $12.5B |
| Debt / EquityLower = less leverage | — | 1.51× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $902.1M | — | ||
| Q4 25 | $805.7M | $194.5M | ||
| Q3 25 | $956.7M | $137.3M | ||
| Q2 25 | $842.8M | $117.6M | ||
| Q1 25 | $878.6M | $97.6M | ||
| Q4 24 | $781.1M | $152.1M | ||
| Q3 24 | $759.3M | $115.9M | ||
| Q2 24 | $791.9M | $436.8M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $3.3B | ||
| Q3 25 | $1.8B | $3.2B | ||
| Q2 25 | $1.8B | $3.2B | ||
| Q1 25 | $1.7B | $3.2B | ||
| Q4 24 | $1.6B | $2.6B | ||
| Q3 24 | $1.8B | $2.5B | ||
| Q2 24 | $1.7B | $2.5B |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $2.2B | ||
| Q3 25 | $1.0B | $2.3B | ||
| Q2 25 | $1.1B | $2.4B | ||
| Q1 25 | $1.1B | $2.3B | ||
| Q4 24 | $1.1B | $2.1B | ||
| Q3 24 | $1.3B | $2.0B | ||
| Q2 24 | $1.3B | $1.7B |
| Q1 26 | — | — | ||
| Q4 25 | $4.2B | $12.5B | ||
| Q3 25 | $4.4B | $12.5B | ||
| Q2 25 | $4.4B | $12.3B | ||
| Q1 25 | $4.5B | $12.3B | ||
| Q4 24 | $4.4B | $11.0B | ||
| Q3 24 | $4.8B | $10.8B | ||
| Q2 24 | $4.9B | $9.7B |
| Q1 26 | — | — | ||
| Q4 25 | 1.60× | 1.51× | ||
| Q3 25 | 1.76× | 1.41× | ||
| Q2 25 | 1.68× | 1.38× | ||
| Q1 25 | 1.57× | 1.37× | ||
| Q4 24 | 1.48× | 1.22× | ||
| Q3 24 | 1.36× | 1.27× | ||
| Q2 24 | 1.30× | 1.41× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $382.9M |
| Free Cash FlowOCF − Capex | — | $359.1M |
| FCF MarginFCF / Revenue | — | 47.5% |
| Capex IntensityCapex / Revenue | — | 3.1% |
| Cash ConversionOCF / Net Profit | — | 8.03× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $112.2M | $382.9M | ||
| Q3 25 | $-6.1M | $433.1M | ||
| Q2 25 | $92.2M | $422.5M | ||
| Q1 25 | $191.4M | $17.6M | ||
| Q4 24 | $84.4M | $324.0M | ||
| Q3 24 | $17.3M | $326.0M | ||
| Q2 24 | $68.9M | $302.3M |
| Q1 26 | — | — | ||
| Q4 25 | $90.4M | $359.1M | ||
| Q3 25 | $-121.7M | $422.5M | ||
| Q2 25 | $-10.5M | $412.5M | ||
| Q1 25 | $116.9M | $4.2M | ||
| Q4 24 | $24.0M | $310.1M | ||
| Q3 24 | $-28.7M | $314.8M | ||
| Q2 24 | $7.0M | $269.4M |
| Q1 26 | — | — | ||
| Q4 25 | 15.2% | 47.5% | ||
| Q3 25 | -24.6% | 58.0% | ||
| Q2 25 | -1.7% | 58.7% | ||
| Q1 25 | 19.0% | 0.6% | ||
| Q4 24 | 4.3% | 49.1% | ||
| Q3 24 | -5.9% | 52.4% | ||
| Q2 24 | 1.2% | 49.0% |
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 3.1% | ||
| Q3 25 | 23.4% | 1.5% | ||
| Q2 25 | 16.6% | 1.4% | ||
| Q1 25 | 12.1% | 2.0% | ||
| Q4 24 | 10.9% | 2.2% | ||
| Q3 24 | 9.4% | 1.9% | ||
| Q2 24 | 10.4% | 6.0% |
| Q1 26 | — | — | ||
| Q4 25 | 3.51× | 8.03× | ||
| Q3 25 | — | 68.64× | ||
| Q2 25 | — | 24.25× | ||
| Q1 25 | 5.96× | 2.37× | ||
| Q4 24 | — | 15.62× | ||
| Q3 24 | — | 10.94× | ||
| Q2 24 | 5.03× | 8.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALGT
| Passenger | $671.8M | 92% |
| Third party products | $42.3M | 6% |
| Fixed fee contracts | $18.1M | 2% |
| Resort and other | $175.0K | 0% |
OWL
| Credit Platform | $455.0M | 60% |
| GP Strategic Capital Platform | $157.0M | 21% |
| Administrative Service | $87.6M | 12% |
| IPI Partners LLC | $33.8M | 4% |
| Other | $22.2M | 3% |