Allegiant Travel's return on equity stands at 1461.97%. That is above the Consumer Discretionary sector average of 22.61%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Allegiant Travel sits higher the Consumer Discretionary benchmark (22.61%) with a ROE of 1461.97%. That is roughly 6366.0% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A ROE of 1461.97% for Allegiant Travel means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Allegiant Travel's ROE evolved across reporting periods, while the comparison chart places ALGT next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
Yes — within Consumer Discretionary, ROE is commonly used to spot outliers. Allegiant Travel's reading of 1461.97% (sector avg 22.61%) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.