Is Allegiant Travel CO (ALGT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 146.5% / 30% | 53.2% / 30% | 6.2% / 30% | 1.75% / 5% | ✗ NOT HALAL |
| DJIM | 146.5% / 33% | 53.2% / 33% | 6.2% / 33% | 1.75% / 5% | ✗ NOT HALAL |
| MSCI | 48.5% / 33% | 17.6% / 33% | 2.0% / 33% | 1.75% / 5% | ✗ NOT HALAL |
| S&P | 146.5% / 33% | 53.2% / 33% | 6.2% / 33% | 1.75% / 5% | ✗ NOT HALAL |
| FTSE | 48.5% / 33% | 17.6% / 33% | 2.0% / 50% | 1.75% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 22.5% | |
| Operating Margin | 7.2% | |
| Net Margin | -1.7% | |
| Return on Equity (ROE) | -4.2% | |
| Return on Assets (ROA) | 2.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $390M |
| Free Cash Flow | $75M |
| Total Debt | $1.9B |
| Debt-to-Equity | 177.1 |
| Current Ratio | 0.9 |
| Total Assets | $4.2B |
Price & Trading
| Last Close | $83.93 |
| 50-Day MA | $92.76 |
| 200-Day MA | $71.96 |
| Avg Volume | 536K |
| Beta | 1.6 |
|
52-Week Range
$39.80
| |
About Allegiant Travel CO (ALGT)
Allegiant Travel Company, a leisure travel company, provides travel and leisure services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between underserved cities and leisure destinations. As of February 1, 2026, it operated a fleet of 106 Airbus A320 series aircraft and 16 Boeing 737 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including larger seats, baggage fees, advance seat assignments, travel protection products, change fees, priority boarding, customer convenience fee, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms, rental cars, and travel insurance from a third-party insurer; air transportation services; and charter services on a year-round and ad-hoc basis. Further, the company owns and operates a golf course. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.
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Frequently Asked Questions
Is Allegiant Travel CO (ALGT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Allegiant Travel CO is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Allegiant Travel CO's debt ratio?
Allegiant Travel CO's debt ratio is 146.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 48.5%.
What are Allegiant Travel CO's key financial metrics?
Allegiant Travel CO has a market capitalization of $1.5B, and revenue of $2.6B. The company maintains a gross margin of 22.5% and a net margin of -1.7%. Return on equity stands at -4.2%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.