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Side-by-side financial comparison of Allegiant Travel CO (ALGT) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $732.4M, roughly 1.9× Allegiant Travel CO). Allegiant Travel CO runs the higher net margin — 5.8% vs 3.1%, a 2.7% gap on every dollar of revenue. On growth, Allegiant Travel CO posted the faster year-over-year revenue change (4.8% vs 2.6%). Over the past eight quarters, Allegiant Travel CO's revenue compounded faster (11.0% CAGR vs 2.7%).
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.
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
ALGT vs SEE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $732.4M | $1.4B |
| Net Profit | $42.5M | $43.8M |
| Gross Margin | — | 28.6% |
| Operating Margin | 11.1% | 11.4% |
| Net Margin | 5.8% | 3.1% |
| Revenue YoY | 4.8% | 2.6% |
| Net Profit YoY | 32.4% | 700.0% |
| EPS (diluted) | $2.30 | $0.30 |
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 | $1.4B | ||
| Q3 25 | $494.1M | $1.3B | ||
| Q2 25 | $617.9M | $1.3B | ||
| Q1 25 | $616.8M | $1.3B | ||
| Q4 24 | $553.6M | $1.4B | ||
| Q3 24 | $489.0M | $1.3B | ||
| Q2 24 | $594.5M | $1.3B |
| Q1 26 | $42.5M | — | ||
| Q4 25 | $31.9M | $43.8M | ||
| Q3 25 | $-43.6M | $255.1M | ||
| Q2 25 | $-65.2M | $93.1M | ||
| Q1 25 | $32.1M | $113.5M | ||
| Q4 24 | $-216.2M | $-7.3M | ||
| Q3 24 | $-36.8M | $91.7M | ||
| Q2 24 | $13.7M | $98.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 28.6% | ||
| Q3 25 | — | 29.8% | ||
| Q2 25 | — | 30.7% | ||
| Q1 25 | — | 30.9% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | — | 30.1% | ||
| Q2 24 | — | 31.2% |
| Q1 26 | 11.1% | — | ||
| Q4 25 | 11.2% | 11.4% | ||
| Q3 25 | -5.5% | 13.8% | ||
| Q2 25 | -10.9% | 15.0% | ||
| Q1 25 | 10.5% | 14.5% | ||
| Q4 24 | -47.7% | 11.7% | ||
| Q3 24 | -5.4% | 13.9% | ||
| Q2 24 | 5.9% | 15.4% |
| Q1 26 | 5.8% | — | ||
| Q4 25 | 5.4% | 3.1% | ||
| Q3 25 | -8.8% | 19.0% | ||
| Q2 25 | -10.5% | 7.0% | ||
| Q1 25 | 5.2% | 9.0% | ||
| Q4 24 | -39.1% | -0.5% | ||
| Q3 24 | -7.5% | 6.9% | ||
| Q2 24 | 2.3% | 7.4% |
| Q1 26 | $2.30 | — | ||
| Q4 25 | $1.82 | $0.30 | ||
| Q3 25 | $-2.41 | $1.73 | ||
| Q2 25 | $-3.62 | $0.63 | ||
| Q1 25 | $1.73 | $0.77 | ||
| Q4 24 | $-12.12 | $-0.05 | ||
| Q3 24 | $-2.05 | $0.63 | ||
| Q2 24 | $0.75 | $0.67 |
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 | $344.0M |
| Total DebtLower is stronger | — | $3.3B |
| Stockholders' EquityBook value | — | $1.2B |
| Total Assets | — | $7.0B |
| Debt / EquityLower = less leverage | — | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $902.1M | — | ||
| Q4 25 | $805.7M | $344.0M | ||
| Q3 25 | $956.7M | $282.5M | ||
| Q2 25 | $842.8M | $354.4M | ||
| Q1 25 | $878.6M | $335.2M | ||
| Q4 24 | $781.1M | $371.8M | ||
| Q3 24 | $759.3M | $386.0M | ||
| Q2 24 | $791.9M | $388.6M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $3.3B | ||
| Q3 25 | $1.8B | $4.0B | ||
| Q2 25 | $1.8B | $4.0B | ||
| Q1 25 | $1.7B | $4.2B | ||
| Q4 24 | $1.6B | $4.2B | ||
| Q3 24 | $1.8B | $4.3B | ||
| Q2 24 | $1.7B | $4.4B |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.0B | $1.2B | ||
| Q2 25 | $1.1B | $953.1M | ||
| Q1 25 | $1.1B | $797.9M | ||
| Q4 24 | $1.1B | $624.5M | ||
| Q3 24 | $1.3B | $771.2M | ||
| Q2 24 | $1.3B | $650.1M |
| Q1 26 | — | — | ||
| Q4 25 | $4.2B | $7.0B | ||
| Q3 25 | $4.4B | $7.1B | ||
| Q2 25 | $4.4B | $7.2B | ||
| Q1 25 | $4.5B | $7.0B | ||
| Q4 24 | $4.4B | $7.0B | ||
| Q3 24 | $4.8B | $7.3B | ||
| Q2 24 | $4.9B | $7.3B |
| Q1 26 | — | — | ||
| Q4 25 | 1.60× | 2.65× | ||
| Q3 25 | 1.76× | 3.34× | ||
| Q2 25 | 1.68× | 4.18× | ||
| Q1 25 | 1.57× | 5.26× | ||
| Q4 24 | 1.48× | 6.72× | ||
| Q3 24 | 1.36× | 5.62× | ||
| Q2 24 | 1.30× | 6.81× |
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 | — | $293.6M |
| Free Cash FlowOCF − Capex | — | $257.7M |
| FCF MarginFCF / Revenue | — | 18.5% |
| Capex IntensityCapex / Revenue | — | 2.6% |
| Cash ConversionOCF / Net Profit | — | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | — | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $112.2M | $293.6M | ||
| Q3 25 | $-6.1M | $165.9M | ||
| Q2 25 | $92.2M | $136.6M | ||
| Q1 25 | $191.4M | $31.9M | ||
| Q4 24 | $84.4M | $244.2M | ||
| Q3 24 | $17.3M | $170.5M | ||
| Q2 24 | $68.9M | $188.2M |
| Q1 26 | — | — | ||
| Q4 25 | $90.4M | $257.7M | ||
| Q3 25 | $-121.7M | $119.6M | ||
| Q2 25 | $-10.5M | $93.2M | ||
| Q1 25 | $116.9M | $-12.0M | ||
| Q4 24 | $24.0M | $185.1M | ||
| Q3 24 | $-28.7M | $115.2M | ||
| Q2 24 | $7.0M | $129.5M |
| Q1 26 | — | — | ||
| Q4 25 | 15.2% | 18.5% | ||
| Q3 25 | -24.6% | 8.9% | ||
| Q2 25 | -1.7% | 7.0% | ||
| Q1 25 | 19.0% | -0.9% | ||
| Q4 24 | 4.3% | 13.6% | ||
| Q3 24 | -5.9% | 8.6% | ||
| Q2 24 | 1.2% | 9.7% |
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 2.6% | ||
| Q3 25 | 23.4% | 3.4% | ||
| Q2 25 | 16.6% | 3.3% | ||
| Q1 25 | 12.1% | 3.5% | ||
| Q4 24 | 10.9% | 4.4% | ||
| Q3 24 | 9.4% | 4.1% | ||
| Q2 24 | 10.4% | 4.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.51× | 6.70× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | — | 1.47× | ||
| Q1 25 | 5.96× | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.86× | ||
| Q2 24 | 5.03× | 1.91× |
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% |
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
