Revenue segments as reported by the company.

Passenger revenues

Mileage Plan other revenues

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Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Alaska Air Group

Alaska Air Group, Inc. is a holding company, which engages in the provision of air transportation services. It operates through the following segments: Mainline, Regional and Horizon. The Mainline segment includes Alaska's Boeing or Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Canada, Mexico, and Costa Rica. The Regional segment consists of Horizon's and other third-party carriers’ scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPAs). The Horizon segment includes the capacity sold to Alaska under CPA. The company was founded in 1985 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Alaska Air Group posts strong earnings, eyes growth and efficiency

Alaska Air Group delivered robust financial performance in Q4 2022 and outlined ambitious plans for 2023, focusing on profitability, growth, and operational enhancements.
While facing challenges in fuel hedging strategies and uncertainties in revenue guidance, the company remains poised to capitalize on opportunities in revenue growth and operational improvements.
By addressing challenges, leveraging strengths, and seizing opportunities, Alaska Air Group aims to navigate market dynamics effectively and drive sustainable value for shareholders and stakeholders.
The company's strategic focus on network expansion, cost discipline, and customer engagement positions it well to achieve its financial targets and enhance competitiveness in the airline industry.

Alaska Air Group reports Q1 loss but eyes strong margins and growth opportunities

Alaska Air Group navigated Q1 challenges with improvements in operational metrics and a focus on efficiency. The company's strong balance sheet, strategic partnerships, and proactive measures position it well for peak summer flying. Despite economic uncertainties, Alaska Air Group remains confident in achieving strong margins and driving growth through operational resiliency and strategic initiatives.

Alaska Air Group excels in Q2 earnings, eyes cost reductions

Alaska Air Group's Q2 performance reflects strong earnings, operational excellence, and strategic focus on stability and cost control amidst industry challenges.
The company's financial strength, liquidity, and operational efficiency position it well for future growth, with opportunities for cost reductions and revenue growth in 2024.
Challenges in fare softness and pricing pressures require strategic adjustments, while opportunities in capacity reallocation and market expansion offer avenues for sustained growth.
Alaska Air Group's adaptability to changing market dynamics, focus on customer demand, and operational resilience underscore its competitive positioning and growth potential.

Alaska Air Group reports robust Q3 earnings amidst industry challenges

Alaska Air Group delivered strong financial performance in Q3, driving down unit costs and maintaining liquidity amidst challenging headwinds.
The airline's strategic focus on market share, premium offerings, and cost discipline positions it well for long-term success despite near-term challenges.
Positive trends in corporate travel, revenue generation, and margin improvement highlight growth opportunities for Alaska Air Group in a recovering travel market.

Alaska Air Group reports record revenue despite 737 MAX challenges

Alaska Air Group navigated challenges from the 737 MAX 9 grounding to achieve strong financial performance and record revenue. The company is focused on improving operational efficiency, reducing losses, and capitalizing on opportunities in premium loyalty and ancillary revenues.

Alaska Air Group exceeds Q1 goals, raises full-year guidance

Alaska Air Group navigated challenges to achieve improved performance and outlook. Strategic focus on growth areas and cost management. Ongoing efforts to optimize operations and explore new revenue streams.

Alaska Air Group posts record revenue, navigates challenges for growth

Alaska Air Group's Q2 performance reflects strong financial results, driven by record revenue and cost management, with a strategic focus on margin and profitability.
The company's strengths lie in operational excellence, premium exposure, and margin targets, while challenges include adjusting EPS guidance and balancing growth with profitability.
Opportunities for Alaska Air Group include the planned acquisition of Hawaiian Airlines, market competitiveness, and revenue growth through premium segment investments.
Overall, Alaska Air Group aims to maintain its position as a top margin producer, deliver exceptional guest experiences, and drive revenue growth through strategic initiatives.

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Alaska Air Group, Inc. is a holding company, which engages in the provision of air transportation services. It operates through the following segments: Mainline, Regional, and Horizon. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, Costa Rica and Belize. The Regional segment consists of Horizon's and other third-party carriers’ scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment encompasses the capacity sold to Alaska under a CPA. The company was founded in 1985 and is headquartered in Seattle, WA.

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The carrier reported its second-quarter results on Tuesday. It beat on both the top and bottom lines, but third-quarter guidance wasn't as impressive.

Why Alaska Air Stock Was Diving This Week

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Southwest, Alaska and American have forecast weaker fare growth

Airlines say domestic fares are sliding and threatening to chill record revenue growth

Alaska Air Group, Inc. (NYSE:ALK ) Q2 2023 Results Conference Call July 25, 2023 11:30 AM ET Company Participants Ryan St. John - VP, Finance, Planning and IR Ben Minicucci - President and CEO Andrew Harrison - EVP and Chief Commercial Officer Shane Tackett - EVP, Finance and CFO Nat Pieper - SVP, Fleet, Finance and Alliances, and Treasurer Conference Call Participants Jamie Baker - JPMorgan Andrew Didora - Bank of America Global Research Helane Becker - TD Cowen Conor Cunningham - Melius Research Brandon Oglenski - Barclays Savi Syth - Raymond James Catherine O'Brien - Goldman Sachs Mike Linenberg - Deutsche Bank Duane Pfennigwerth - Evercore Stephen Trent - Citi Dan McKenzie - Seaport Global Chris Stathoulopoulos - Susquehanna Group Operator Good morning, ladies and gentlemen, and welcome to the Alaska Air Group 2023 Second Quarter Earnings Call. At this time all participants have been placed on mute to prevent background noise.

Alaska Air Group, Inc. (ALK) Q2 2023 Earnings Call Transcript

Alaska Air's (ALK) second-quarter 2023 revenues benefit from contributions from passenger revenues.

Alaska Air (ALK) Q2 Earnings & Revenues Beat Estimates, Up Y/Y

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General Motors

The U.S. equities rally continued at midday on Tuesday, July 25, 2023, after more positive earnings news.

Markets Rally at Midday on Earnings Enthusiasm

Alaska Air beat on the top and bottom lines, but revenue guidance for the current quarter was tepid. Lower fuel costs are having an impact on fares.

Why Alaska Air Stock Is Losing Altitude Today

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U.S. airlines stocks tumbled on Tuesday as investors were spooked by downbeat forecasts from Alaska Air Group and a warning on jet engines by aerospace giant RTX.

Airlines shares hit turbulence on Alaska's dour forecast, RTX engine problem

It's been a red hot summer for travel and for airline stocks. But the inevitable turbulence has arrived in the slightly surprising form of Alaska Air's earnings.

Alaska Air Posts Record Quarterly Revenue. Why Airline Stocks Are Tumbling.

Alaska Air Group (ALK) came out with quarterly earnings of $3 per share, beating the Zacks Consensus Estimate of $2.70 per share. This compares to earnings of $2.19 per share a year ago.

Alaska Air Group (ALK) Q2 Earnings and Revenues Beat Estimates

Delivered industry-leading adjusted pre-tax margins of 18.3% on record quarterly revenue Adjusted pre-tax margin exceeds 2019 second quarter results despite higher fuel costs Achieved industry's best on-time performance and completion rate in June SEATTLE , July 25, 2023 /PRNewswire/ -- Alaska Air Group (NYSE: ALK) today reported financial results for the second quarter ending June 30, 2023, and provided outlook for the third quarter ending September 30, 2023. "People are hungry to travel and our frontline employees are delivering the safe, reliable and caring experience that people expect when they fly with us," said CEO Ben Minicucci.

Alaska Air Group reports second quarter 2023 results

Alaska Airlines is recommended as a 'Hold' due to its solid financial outlook, despite a 40% run from March lows and nearing double-digit multiples on 2023 estimated earnings. The airline has a strong balance sheet, with gross debt expected to be around two times EBITDAR by year-end, and plans to resume share repurchases in 2023 with remaining authorization of $438 million. Risks to the investment thesis include economic recession, labor costs, elevated fuel prices, and interest rates and inflation; however, the company's financial strength and growth strategy will help manage these.

Alaska Air: Value Remains, But Is Now The Time To Buy?

Alaska Air's strong margins, growth potential, and balance sheet strength make it the most compelling investment opportunity in the U.S. airline industry. The airline is likely to report an industry-leading adjusted pre-tax margin of 18%-19% for Q2, due to strong demand and falling fuel prices. 2023 adjusted EPS could reach the high end of the company's $5.50-$7.50 guidance range, easily beating analysts' expectations.

Alaska Air Stock: Still A Strong Buy Ahead Of Earnings

Alaska Air (ALK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Alaska Air (ALK)

Alaska Air (ALK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Alaska Air Group (ALK) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Earnings will likely come in at about $2.60 on a per-share and adjusted basis, slightly below the $2.68 consensus estimate.

What's In The Cards For Alaska Air's Q2?

We'll fly nonstop daily between Los Angeles and Guatemala City starting this December;  plus, new flights to coastal getaway Ixtapa-Zihuatanejo from San Diego and Chicago SEATTLE , July 13, 2023 /PRNewswire/ -- Alaska Airlines is expanding where we fly in Latin America with the addition of daily, year-round service between Los Angeles and Guatemala City, Guatemala – an all-new destination for us. We've also added new flights from both San Diego and Chicago O'Hare to Ixtapa-Zihuatanejo, a popular resort destination along Mexico's Pacific Coast, as we increase our seasonal leisure routes for wintertime travel.

Hola, Guatemala! Alaska Airlines, LAX's largest carrier to Latin America, expands to a new destination, Guatemala City

SEATTLE , July 10, 2023 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2023 second quarter financial results at 11:30 a.m. EDT/ 8:30 a.m.

Alaska Air Group announces webcast of second-quarter 2023 financial results

Alaska Air (ALK) benefits from the upbeat air-travel demand.

Alaska Air (ALK) Reaches 52-Week High: What's Driving It?

Cyclical industrial stock Alaska Air Group offers investors a sound balance sheet, strong franchise, cash earnings, and shareholder-friendly management. The airline's stock is cheap based on 2023 projected earnings and cash flow. I believe The Street is overlooking a gem with over a 40 percent upside.

Alaska Airlines Flying Under The Radar: Best-Of-Breed Bargain

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The US airline industry is expected to regain pre-pandemic profitability due to lower oil prices and higher utilization rates. Airlines trade at a historically cheap multiple of revenue to enterprise value. Growing demand and rationalized competition should lead to better returns on capital in the future.

U.S. Airlines Are Too Cheap, Why This Rebound Looks Real

Alaska Airlines, the wholly owned subsidiary of Alaska Air Group (ALK), aims to launch non-stop seasonal flights to Nassau, Cabo San Lucas and Puerto Vallarta beginning mid-December.

Alaska Air (ALK) Arm to Add New Routes for Winter Travel

Airlines stocks, in general, have fared well this year, with inflation easing and the Federal Reserve moderating the pace of its interest rate hikes.

Should You Buy Or Avoid Alaska Air Stock At $52?

Hundreds of thousands of summer travelers suffered through another day of delayed and canceled flights Wednesday, a troubling glimpse into what could happen over the long July 4 holiday weekend as airlines struggle to keep up with surging numbers of passengers.

Travelers suffer through another day of cancellations. It may get worse as July 4 approaches.

The mean of analysts' price targets for Alaska Air (ALK) points to a 25.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

News for Alaska Air Group Stock (ALK)