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Alaska Air Group, Inc.(ALK)Earnings, Financials & Key Ratios
ALK•NYSE
$40.51
$4.64B mkt cap·46.6× P/E·Price updated May 6, 2026
AboutAlaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It flies to approximately 120 destinations throughout North America. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.Show more
- Revenue$14.24B+21.3%
- EBITDA$1.1B-0.7%
- Net Income$100M-74.7%
- EPS (Diluted)0.87-71.8%
- Gross Margin59.66%+144.7%
- EBITDA Margin7.71%-18.2%
- Operating Margin2.13%-56.2%
- Net Margin0.7%-79.1%
- ROE2.36%-74.7%
- ROIC2.28%-54.1%
- Debt/Equity1.67+14.5%
- Interest Coverage1.25-68.9%
ALK Key Insights
Alaska Air Group, Inc. (ALK) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 31.9%
- ✓Share count reduced 8.6% through buybacks
- ✓Trading at only 1.2x book value
✗Weaknesses
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 16 (bottom 16%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
ALK Price & Volume
Alaska Air Group, Inc. (ALK) stock price & volume — 10-year historical chart
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ALK Growth Metrics
Alaska Air Group, Inc. (ALK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years9.79%
5 Years31.9%
3 Years13.86%
TTM21.34%
Profit CAGR
10 Years-19.25%
5 Years-
3 Years19.91%
TTM-74.68%
EPS CAGR
10 Years-18.29%
5 Years-
3 Years24.58%
TTM-71.48%
Return on Capital
10 Years5.67%
5 Years3.51%
3 Years3.44%
Last Year2.21%
ALK Recent Earnings
Alaska Air Group, Inc. (ALK) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 20, 2026EPS
$1.68
Est $1.61
-4.3%
Revenue
$3.3B
Est $3.3B
+0.2%
Q1 2026
Jan 22, 2026EPS
$0.43
Est $0.11
+290.9%
Revenue
$3.6B
Est $3.6B
-0.3%
Q4 2025
Oct 23, 2025EPS
$1.05
Est $1.09
-3.7%
Revenue
$3.8B
Est $3.8B
+0.2%
Q3 2025
Jul 23, 2025EPS
$1.78
Est $1.56
+14.1%
Revenue
$3.7B
Est $3.8B
-1.3%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 20, 2026 | $1.68vs $1.61-4.3% | $3.3Bvs $3.3B+0.2% |
| Q1 2026 | Jan 22, 2026 | $0.43vs $0.11+290.9% | $3.6Bvs $3.6B-0.3% |
| Q4 2025 | Oct 23, 2025 | $1.05vs $1.09-3.7% | $3.8Bvs $3.8B+0.2% |
| Q3 2025 | Jul 23, 2025 | $1.78vs $1.56+14.1% | $3.7Bvs $3.8B-1.3% |
Based on last 12 quarters of dataView full earnings history →
ALK Peer Comparison
Alaska Air Group, Inc. (ALK) competitors in Commercial passenger airlines — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 DAL | 47.89B | 73.32 | 9.57 | 2.79% | 7.9% | 24.12% | 1.02 | |
 UAL | 32.48B | 100.03 | 9.79 | 3.52% | 6.06% | 24.91% | 2.03 | |
 AAL | 8.54B | 12.94 | 76.12 | 0.78% | 0.36% | |||
 LUV | 20.38B | 41.50 | 52.53 | 2.11% | 2.83% | 10.67% | 0.75 | |
 JBLU | 1.87B | 5.04 | -3.04 | -2.34% | -7.78% | -33.13% | 4.84 | |
 ULCC | 1.1B | 4.78 | -7.97 | -1.35% | -9.62% | -88.57% | 11.13 | |
 MESA | 879.48M | 21.00 | -0.04 | -19.93% | -43.64% | -5.29% | ||
 SKYW | 3.53B | 87.82 | 8.49 | 15.03% | 10.42% | 16% | 0.87 |
Compare ALK vs Peers
Alaska Air Group, Inc. (ALK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ALK Income Statement
Alaska Air Group, Inc. (ALK) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 7.89B | 8.26B | 8.78B | 3.57B | 6.18B | 9.65B | 10.43B | 11.73B | 14.24B |
| Revenue Growth % | 33.1% | 4.69% | 6.26% | -59.39% | 73.19% | 56.19% | 8.09% | 12.56% | 21.34% |
| Cost of Goods Sold | 5.27B | 6.17B | 6.42B | 4.35B | 5.36B | 7.51B | 7.96B | 8.87B | 5.74B |
| COGS % of Revenue | 66.73% | 74.72% | 73.06% | 121.96% | 86.77% | 77.89% | 76.38% | 75.62% | 40.34% |
| Gross Profit | 2.63B▲ 0% | 2.09B▼ 20.4% | 2.37B▲ 13.3% | -783M▼ 133.1% | 817M▲ 204.3% | 2.13B▲ 161.1% | 2.46B▲ 15.5% | 2.86B▲ 16.2% | 8.49B▲ 196.9% |
| Gross Margin % | 33.27% | 25.28% | 26.94% | -21.96% | 13.23% | 22.11% | 23.62% | 24.38% | 59.66% |
| Gross Profit Growth % | 6.57% | -20.45% | 13.26% | -133.09% | 204.34% | 161.08% | 15.47% | 16.16% | 196.92% |
| Operating Expenses | 1.42B | 1.45B | 1.3B | 992M | 132M | 2.06B | 2.07B | 2.29B | 8.19B |
| OpEx % of Revenue | 17.96% | 17.5% | 14.84% | 27.82% | 2.14% | 21.39% | 19.84% | 19.52% | 57.53% |
| Selling, General & Admin | 368M | 326M | 313M | 101M | 173M | 295M | 303M | 349M | 407M |
| SG&A % of Revenue | 4.66% | 3.94% | 3.56% | 2.83% | 2.8% | 3.06% | 2.91% | 2.97% | 2.86% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1.05B | 1.12B | 990M | 891M | -41M | 1.77B | 1.77B | 1.94B | 7.79B |
| Operating Income | 1.21B▲ 0% | 643M▼ 46.8% | 1.06B▲ 65.3% | -1.77B▼ 267.0% | 685M▲ 138.6% | 70M▼ 89.8% | 394M▲ 462.9% | 570M▲ 44.7% | 303M▼ 46.8% |
| Operating Margin % | 15.3% | 7.78% | 12.11% | -49.78% | 11.09% | 0.73% | 3.78% | 4.86% | 2.13% |
| Operating Income Growth % | -7.5% | -46.77% | 65.32% | -266.98% | 138.59% | -89.78% | 462.86% | 44.67% | -46.84% |
| EBITDA | 1.58B | 1.04B | 1.49B | -1.35B | 1.08B | 468M | 820M | 1.11B | 1.1B |
| EBITDA Margin % | 20.02% | 12.6% | 16.92% | -38% | 17.47% | 4.85% | 7.87% | 9.42% | 7.71% |
| EBITDA Growth % | -5.33% | -34.11% | 42.75% | -191.18% | 179.63% | -56.63% | 75.21% | 34.88% | -0.72% |
| D&A (Non-Cash Add-back) | 372M | 398M | 423M | 420M | 394M | 398M | 426M | 536M | 795M |
| EBIT | 1.32B | 793M | 1.07B | -2.34B | -257M | 706M | 818M | 889M | 499M |
| Net Interest Income | -52M | -35M | -21M | -56M | -92M | -41M | -41M | -41M | -149M |
| Interest Income | 34M | 38M | 42M | 31M | 25M | 53M | 80M | 101M | 94M |
| Interest Expense | 86M | 73M | 63M | 87M | 117M | 94M | 121M | 142M | 243M |
| Other Income/Expense | -49M | -58M | -47M | -65M | -56M | 9M | -71M | -25M | -157M |
| Pretax Income | 1.16B▲ 0% | 585M▼ 49.5% | 1.02B▲ 73.7% | -1.84B▼ 281.1% | 629M▲ 134.2% | 79M▼ 87.4% | 323M▲ 308.9% | 545M▲ 68.7% | 146M▼ 73.2% |
| Pretax Margin % | 14.68% | 7.08% | 11.57% | -51.6% | 10.18% | 0.82% | 3.1% | 4.64% | 1.03% |
| Income Tax | 199M | 148M | 247M | -516M | 151M | 21M | 88M | 150M | 46M |
| Effective Tax Rate % | 17.17% | 25.3% | 24.31% | 28.04% | 24.01% | 26.58% | 27.24% | 27.52% | 31.51% |
| Net Income | 960M▲ 0% | 437M▼ 54.5% | 769M▲ 76.0% | -1.32B▼ 272.2% | 478M▲ 136.1% | 58M▼ 87.9% | 235M▲ 305.2% | 395M▲ 68.1% | 100M▼ 74.7% |
| Net Margin % | 12.16% | 5.29% | 8.76% | -37.13% | 7.74% | 0.6% | 2.25% | 3.37% | 0.7% |
| Net Income Growth % | 20.45% | -54.48% | 75.97% | -272.17% | 136.1% | -87.87% | 305.17% | 68.09% | -74.68% |
| Net Income (Continuing) | 960M | 437M | 769M | -1.32B | 478M | 58M | 235M | 395M | 100M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 7.75▲ 0% | 3.52▼ 54.6% | 6.19▲ 75.9% | -10.59▼ 271.1% | 3.77▲ 135.6% | 0.45▼ 88.1% | 1.83▲ 306.7% | 3.08▲ 68.3% | 0.87▼ 71.8% |
| EPS Growth % | 20.9% | -54.58% | 75.85% | -271.08% | 135.6% | -88.06% | 306.67% | 68.31% | -71.75% |
| EPS (Basic) | 7.79 | 3.55 | 6.24 | -10.59 | 3.82 | 0.46 | 1.84 | 3.13 | 0.91 |
| Diluted Shares Outstanding | 123.85M | 123.97M | 124.29M | 123.45M | 126.78M | 127.9M | 128.71M | 128.37M | 117.36M |
| Basic Shares Outstanding | 123.21M | 123.23M | 123.28M | 123.45M | 125.06M | 126.66M | 127.38M | 126.14M | 115.53M |
| Dividend Payout Ratio | 15.42% | 36.16% | 22.5% | - | - | - | - | - | - |
ALK Balance Sheet
Alaska Air Group, Inc. (ALK) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 2.15B | 1.79B | 2.04B | 4.01B | 3.92B | 3.04B | 2.71B | 3.76B | 3.27B |
| Cash & Short-Term Investments | 1.62B | 1.24B | 1.52B | 3.35B | 3.12B | 2.42B | 1.79B | 2.48B | 2.12B |
| Cash Only | 194M | 105M | 221M | 1.37B | 470M | 338M | 281M | 1.2B | 627M |
| Short-Term Investments | 1.43B | 1.13B | 1.3B | 1.98B | 2.65B | 2.08B | 1.51B | 1.27B | 1.5B |
| Accounts Receivable | 341M | 366M | 323M | 480M | 546M | 296M | 383M | 558M | 565M |
| Days Sales Outstanding | 15.77 | 16.17 | 13.43 | 49.13 | 32.27 | 11.2 | 13.41 | 17.36 | 14.48 |
| Inventory | 57M | 60M | 72M | 57M | 62M | 104M | 116M | 199M | 203M |
| Days Inventory Outstanding | 3.95 | 3.55 | 4.1 | 4.78 | 4.22 | 5.05 | 5.32 | 8.19 | 12.9 |
| Other Current Assets | 0 | 0 | 121M | 0 | 196M | 60M | 239M | 221M | 97M |
| Total Non-Current Assets | 8.59B | 9.13B | 11.96B | 10.04B | 11.04B | 12.31B | 13.13B | 16.01B | 17.09B |
| Property, Plant & Equipment | 6.28B | 6.78B | 8.61B | 7.61B | 7.59B | 8.73B | 9.58B | 12.08B | 11.86B |
| Fixed Asset Turnover | 1.26x | 1.22x | 1.02x | 0.47x | 0.81x | 1.11x | 1.09x | 0.97x | 1.20x |
| Goodwill | 1.94B | 1.94B | 1.94B | 1.94B | 2.04B | 2.04B | 2.03B | 2.72B | 2.72B |
| Intangible Assets | 133M | 127M | 122M | 107M | 0 | 0 | 0 | 873M | 815M |
| Long-Term Investments | -1.78B | -512M | 16M | 0 | 34M | 49M | 30M | 0 | 0 |
| Other Non-Current Assets | 2.31B | 274M | 262M | 379M | 362M | 331M | 262M | 247M | 1.7B |
| Total Assets | 10.75B▲ 0% | 10.91B▲ 1.5% | 14B▲ 28.3% | 14.05B▲ 0.3% | 14.96B▲ 6.5% | 15.35B▲ 2.6% | 15.83B▲ 3.2% | 19.77B▲ 24.8% | 20.36B▲ 3.0% |
| Asset Turnover | 0.73x | 0.76x | 0.63x | 0.25x | 0.41x | 0.63x | 0.66x | 0.59x | 0.70x |
| Asset Growth % | 7.71% | 1.54% | 28.31% | 0.32% | 6.54% | 2.55% | 3.18% | 24.85% | 3% |
| Total Current Liabilities | 2.69B | 2.94B | 3.2B | 4.29B | 3.99B | 4.49B | 4.46B | 6.14B | 6.59B |
| Accounts Payable | 120M | 132M | 146M | 108M | 200M | 221M | 207M | 186M | 324M |
| Days Payables Outstanding | 8.31 | 7.8 | 8.31 | 9.06 | 13.62 | 10.74 | 9.49 | 7.65 | 20.59 |
| Short-Term Debt | 307M | 486M | 504M | 1.15B | 634M | 504M | 511M | 442M | 721M |
| Deferred Revenue (Current) | 1.44B | 788M | 1.65B | 1.81B | 2.08B | 2.3B | 2.36B | 3.3B | 1.72B |
| Other Current Liabilities | 0 | 1.49B | 431M | 0 | 625M | 846M | 800M | 0 | 2.74B |
| Current Ratio | 0.80x | 0.61x | 0.64x | 0.93x | 0.98x | 0.68x | 0.61x | 0.61x | 0.50x |
| Quick Ratio | 0.78x | 0.59x | 0.61x | 0.92x | 0.97x | 0.65x | 0.58x | 0.58x | 0.46x |
| Cash Conversion Cycle | 11.4 | 11.91 | 9.22 | 44.85 | 22.87 | 5.52 | 9.24 | 17.89 | 6.79 |
| Total Non-Current Liabilities | 4.6B | 4.22B | 6.47B | 6.77B | 7.17B | 7.04B | 7.26B | 9.25B | 9.65B |
| Long-Term Debt | 2.26B | 1.62B | 1.26B | 2.36B | 2.17B | 1.88B | 2.18B | 4.49B | 4.83B |
| Capital Lease Obligations | 0 | 0 | 1.44B | 1.27B | 1.28B | 1.39B | 1.13B | 1.25B | 1.14B |
| Deferred Tax Liabilities | 370M | 512M | 1.72B | 407M | 1.59B | 1.73B | 1.92B | 934M | 1B |
| Other Non-Current Liabilities | 878M | 921M | 803M | 1.19B | 683M | 653M | 657M | 917M | 964M |
| Total Liabilities | 7.29B | 7.16B | 9.67B | 11.06B | 11.16B | 11.53B | 11.72B | 15.4B | 16.24B |
| Total Debt | 2.26B | 2.1B | 3.21B | 5.05B | 4.09B | 3.78B | 3.82B | 6.39B | 6.89B |
| Net Debt | 2.07B | 2B | 2.99B | 3.68B | 3.62B | 3.44B | 3.54B | 5.19B | 6.27B |
| Debt / Equity | 0.65x | 0.56x | 0.74x | 1.69x | 1.07x | 0.99x | 0.93x | 1.46x | 1.67x |
| Debt / EBITDA | 1.43x | 2.02x | 2.16x | - | 3.79x | 8.08x | 4.66x | 5.78x | 6.28x |
| Net Debt / EBITDA | 1.31x | 1.92x | 2.01x | - | 3.35x | 7.35x | 4.31x | 4.69x | 5.71x |
| Interest Coverage | 14.05x | 8.81x | 16.87x | -20.40x | 5.85x | 0.74x | 3.26x | 4.01x | 1.25x |
| Total Equity | 3.46B▲ 0% | 3.75B▲ 8.4% | 4.33B▲ 15.5% | 2.99B▼ 31.0% | 3.8B▲ 27.2% | 3.82B▲ 0.4% | 4.11B▲ 7.8% | 4.37B▲ 6.3% | 4.12B▼ 5.8% |
| Equity Growth % | 18.05% | 8.41% | 15.46% | -31.01% | 27.21% | 0.39% | 7.78% | 6.3% | -5.81% |
| Book Value per Share | 27.94 | 30.26 | 34.85 | 24.20 | 29.98 | 29.84 | 31.96 | 34.06 | 35.09 |
| Total Shareholders' Equity | 3.46B | 3.75B | 4.33B | 2.99B | 3.8B | 3.82B | 4.11B | 4.37B | 4.12B |
| Common Stock | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
| Retained Earnings | 4.19B | 4.53B | 5.13B | 3.76B | 4.24B | 4.3B | 4.54B | 4.93B | 5.03B |
| Treasury Stock | -518M | -568M | -643M | -674M | -674M | -674M | -819M | -1.13B | -1.7B |
| Accumulated OCI | -380M | -448M | -465M | -494M | -262M | -388M | -299M | -239M | -173M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ALK Cash Flow Statement
Alaska Air Group, Inc. (ALK) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 1.59B | 1.2B | 1.72B | -234M | 1.03B | 1.42B | 1.05B | 1.46B | 1.25B |
| Operating CF Margin % | 20.14% | 14.46% | 19.61% | -6.56% | 16.68% | 14.7% | 10.07% | 12.48% | 8.77% |
| Operating CF Growth % | 14.72% | -24.84% | 44.1% | -113.59% | 540.17% | 37.67% | -25.95% | 39.43% | -14.69% |
| Net Income | 1.03B | 437M | 769M | -1.32B | 478M | 58M | 235M | 395M | 100M |
| Depreciation & Amortization | 372M | 398M | 423M | 420M | 394M | 415M | 451M | 583M | 0 |
| Stock-Based Compensation | 55M | 47M | 29M | 24M | 51M | 35M | 59M | 63M | 0 |
| Deferred Taxes | 45M | 146M | 209M | 0 | -445M | 22M | 0 | 0 | 0 |
| Other Non-Cash Items | 0 | 0 | -209M | 847M | 434M | 481M | 591M | -69M | 1.15B |
| Working Capital Changes | 129M | 313M | 501M | -201M | 118M | 407M | -286M | 492M | 0 |
| Change in Receivables | -39M | -25M | 43M | -160M | -66M | 250M | 0 | -128M | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -1.13B | -631M | -791M | -593M | -1.01B | -1.22B | -964M | -634M | -1.62B |
| Capital Expenditures | -1.03B | -960M | -696M | -206M | -292M | -1.67B | -1.49B | -1.28B | -1.59B |
| CapEx % of Revenue | 13% | 11.62% | 7.93% | 5.78% | 4.73% | 17.32% | 14.33% | 10.92% | 11.15% |
| Acquisitions | 78M | 47M | 0 | 279M | 2M | 4M | 0 | -659M | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 75M | 47M | 41M | -22M | -10M | -6M | 530M | 377M | -35M |
| Cash from Financing | -592M | -647M | -813M | 1.98B | -914M | -325M | -147M | 119M | -199M |
| Debt Issued (Net) | -397M | -468M | -608M | 2B | -971M | -385M | 129M | 395M | 0 |
| Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | 0 | 0 | -1000K | -1000K | 0 |
| Dividends Paid | -148M | -158M | -173M | -45M | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -75M | -50M | -75M | -31M | 0 | 0 | -137M | -312M | 0 |
| Other Financing | 28M | 29M | 43M | 58M | 57M | 60M | -139M | 36M | -199M |
| Net Change in Cash | -134M▲ 0% | -83M▲ 38.1% | 118M▲ 242.2% | 1.15B▲ 878.0% | -892M▼ 177.3% | -125M▲ 86.0% | -61M▲ 51.2% | 949M▲ 1655.7% | -573M▼ 160.4% |
| Free Cash Flow | 564M▲ 0% | 235M▼ 58.3% | 1.03B▲ 336.6% | -440M▼ 142.9% | 738M▲ 267.7% | -253M▼ 134.3% | -444M▼ 75.5% | 183M▲ 141.2% | -339M▼ 285.2% |
| FCF Margin % | 7.14% | 2.84% | 11.68% | -12.34% | 11.95% | -2.62% | -4.26% | 1.56% | -2.38% |
| FCF Growth % | -20.34% | -58.33% | 336.6% | -142.88% | 267.73% | -134.28% | -75.49% | 141.22% | -285.25% |
| FCF per Share | 4.55 | 1.90 | 8.25 | -3.56 | 5.82 | -1.98 | -3.45 | 1.43 | -2.89 |
| FCF Conversion (FCF/Net Income) | 1.66x | 2.73x | 2.24x | 0.18x | 2.15x | 24.45x | 4.47x | 3.71x | 12.49x |
| Interest Paid | 84M | 0 | 60M | 0 | 109M | 0 | 0 | 148M | 0 |
| Taxes Paid | 177M | 0 | 31M | 0 | 48M | 0 | 0 | 22M | 0 |
ALK Key Ratios
Alaska Air Group, Inc. (ALK) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 29.84% | 30.04% | 12.12% | 19.03% | -36.18% | 14.08% | 1.52% | 5.93% | 9.31% | 2.36% |
| Return on Invested Capital (ROIC) | 22.83% | 16.34% | 8.55% | 12.2% | -19.03% | 7.29% | 0.72% | 3.96% | 4.97% | 2.28% |
| Gross Margin | 41.54% | 33.27% | 25.28% | 26.94% | -21.96% | 13.23% | 22.11% | 23.62% | 24.38% | 59.66% |
| Net Margin | 13.44% | 12.16% | 5.29% | 8.76% | -37.13% | 7.74% | 0.6% | 2.25% | 3.37% | 0.7% |
| Debt / Equity | 1.01x | 0.65x | 0.56x | 0.74x | 1.69x | 1.07x | 0.99x | 0.93x | 1.46x | 1.67x |
| Interest Coverage | 43.53x | 14.05x | 8.81x | 16.87x | -20.40x | 5.85x | 0.74x | 3.26x | 4.01x | 1.25x |
| FCF Conversion | 1.74x | 1.66x | 2.73x | 2.24x | 0.18x | 2.15x | 24.45x | 4.47x | 3.71x | 12.49x |
| Revenue Growth | 5.95% | 33.1% | 4.69% | 6.26% | -59.39% | 73.19% | 56.19% | 8.09% | 12.56% | 21.34% |
ALK SEC Filings & Documents
Alaska Air Group, Inc. (ALK) SEC filings — annual & quarterly reports (10-K, 10-Q)
ALK Frequently Asked Questions
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Growth & Financials
Alaska Air Group, Inc. (ALK) reported $14.24B in revenue for fiscal year 2025. This represents a 794% increase from $1.59B in 1996.
Alaska Air Group, Inc. (ALK) grew revenue by 21.3% over the past year. This is strong growth.
Yes, Alaska Air Group, Inc. (ALK) is profitable, generating $100.0M in net income for fiscal year 2025 (0.7% net margin).
Dividend & Returns
Alaska Air Group, Inc. (ALK) has a return on equity (ROE) of 2.4%. This is below average, suggesting room for improvement.
Alaska Air Group, Inc. (ALK) had negative free cash flow of $339.0M in fiscal year 2025, likely due to heavy capital investments.
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