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Side-by-side financial comparison of Allegiant Travel CO (ALGT) and Public Storage (PSA). Click either name above to swap in a different company.
Public Storage is the larger business by last-quarter revenue ($1.2B vs $732.4M, roughly 1.7× Allegiant Travel CO). Public Storage runs the higher net margin — 41.7% vs 5.8%, a 35.9% gap on every dollar of revenue. On growth, Allegiant Travel CO posted the faster year-over-year revenue change (4.8% vs 3.3%). Over the past eight quarters, Allegiant Travel CO's revenue compounded faster (11.0% CAGR vs 2.5%).
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.
Public Storage, headquartered in Glendale, California, is a real estate investment trust that invests in self storage. It is the largest brand of self-storage services in the US and owns approximately 9% of the self storage square footage in the U.S. As of December 31, 2024, the company operated 3,073 self-storage facilities containing an aggregate of 221 million net rentable square feet of space.
ALGT vs PSA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $732.4M | $1.2B |
| Net Profit | $42.5M | $507.1M |
| Gross Margin | — | — |
| Operating Margin | 11.1% | 40.7% |
| Net Margin | 5.8% | 41.7% |
| Revenue YoY | 4.8% | 3.3% |
| Net Profit YoY | 32.4% | -17.5% |
| EPS (diluted) | $2.30 | $2.59 |
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 | $1.2B | ||
| Q3 25 | $494.1M | $1.2B | ||
| Q2 25 | $617.9M | $1.2B | ||
| Q1 25 | $616.8M | $1.2B | ||
| Q4 24 | $553.6M | $1.2B | ||
| Q3 24 | $489.0M | $1.2B | ||
| Q2 24 | $594.5M | $1.2B |
| Q1 26 | $42.5M | — | ||
| Q4 25 | $31.9M | $507.1M | ||
| Q3 25 | $-43.6M | $511.1M | ||
| Q2 25 | $-65.2M | $358.4M | ||
| Q1 25 | $32.1M | $407.8M | ||
| Q4 24 | $-216.2M | $614.6M | ||
| Q3 24 | $-36.8M | $430.3M | ||
| Q2 24 | $13.7M | $518.1M |
| Q1 26 | 11.1% | — | ||
| Q4 25 | 11.2% | 40.7% | ||
| Q3 25 | -5.5% | 42.3% | ||
| Q2 25 | -10.9% | 30.4% | ||
| Q1 25 | 10.5% | 34.8% | ||
| Q4 24 | -47.7% | 52.4% | ||
| Q3 24 | -5.4% | 36.7% | ||
| Q2 24 | 5.9% | 44.6% |
| Q1 26 | 5.8% | — | ||
| Q4 25 | 5.4% | 41.7% | ||
| Q3 25 | -8.8% | 41.8% | ||
| Q2 25 | -10.5% | 29.8% | ||
| Q1 25 | 5.2% | 34.5% | ||
| Q4 24 | -39.1% | 52.2% | ||
| Q3 24 | -7.5% | 36.2% | ||
| Q2 24 | 2.3% | 44.2% |
| Q1 26 | $2.30 | — | ||
| Q4 25 | $1.82 | $2.59 | ||
| Q3 25 | $-2.41 | $2.62 | ||
| Q2 25 | $-3.62 | $1.76 | ||
| Q1 25 | $1.73 | $2.04 | ||
| Q4 24 | $-12.12 | $3.22 | ||
| Q3 24 | $-2.05 | $2.16 | ||
| Q2 24 | $0.75 | $2.66 |
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 | $318.1M |
| Total DebtLower is stronger | — | $10.3B |
| Stockholders' EquityBook value | — | $9.2B |
| Total Assets | — | $20.2B |
| Debt / EquityLower = less leverage | — | 1.11× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $902.1M | — | ||
| Q4 25 | $805.7M | $318.1M | ||
| Q3 25 | $956.7M | $296.5M | ||
| Q2 25 | $842.8M | $1.1B | ||
| Q1 25 | $878.6M | $287.2M | ||
| Q4 24 | $781.1M | $447.4M | ||
| Q3 24 | $759.3M | $599.0M | ||
| Q2 24 | $791.9M | $542.3M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $10.3B | ||
| Q3 25 | $1.8B | $10.0B | ||
| Q2 25 | $1.8B | $10.4B | ||
| Q1 25 | $1.7B | $9.4B | ||
| Q4 24 | $1.6B | $9.4B | ||
| Q3 24 | $1.8B | $9.5B | ||
| Q2 24 | $1.7B | $9.4B |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $9.2B | ||
| Q3 25 | $1.0B | $9.3B | ||
| Q2 25 | $1.1B | $9.4B | ||
| Q1 25 | $1.1B | $9.6B | ||
| Q4 24 | $1.1B | $9.7B | ||
| Q3 24 | $1.3B | $9.6B | ||
| Q2 24 | $1.3B | $9.7B |
| Q1 26 | — | — | ||
| Q4 25 | $4.2B | $20.2B | ||
| Q3 25 | $4.4B | $20.1B | ||
| Q2 25 | $4.4B | $20.5B | ||
| Q1 25 | $4.5B | $19.6B | ||
| Q4 24 | $4.4B | $19.8B | ||
| Q3 24 | $4.8B | $19.8B | ||
| Q2 24 | $4.9B | $19.8B |
| Q1 26 | — | — | ||
| Q4 25 | 1.60× | 1.11× | ||
| Q3 25 | 1.76× | 1.08× | ||
| Q2 25 | 1.68× | 1.11× | ||
| Q1 25 | 1.57× | 0.99× | ||
| Q4 24 | 1.48× | 0.96× | ||
| Q3 24 | 1.36× | 0.99× | ||
| Q2 24 | 1.30× | 0.97× |
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 | — | $733.6M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.45× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $112.2M | $733.6M | ||
| Q3 25 | $-6.1M | $875.1M | ||
| Q2 25 | $92.2M | $872.7M | ||
| Q1 25 | $191.4M | $705.1M | ||
| Q4 24 | $84.4M | $768.6M | ||
| Q3 24 | $17.3M | $798.8M | ||
| Q2 24 | $68.9M | $895.3M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 3.51× | 1.45× | ||
| Q3 25 | — | 1.71× | ||
| Q2 25 | — | 2.43× | ||
| Q1 25 | 5.96× | 1.73× | ||
| Q4 24 | — | 1.25× | ||
| Q3 24 | — | 1.86× | ||
| Q2 24 | 5.03× | 1.73× |
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% |
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
