Revenue segments as reported by the company.

Passenger revenues

Mileage Plan other revenues

Cargo and other

Revenue Segments

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

Operating Margin

Profit Margin

Margins

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

Wages and benefits

Variable incentive pay

Payroll support program wage offset

Aircraft fuel, including hedging gains and losses

Aircraft maintenance

Aircraft rent

Landing fees and other rentals

Contracted services

Selling expenses

Depreciation and amortization

Food and beverage service

Third-party regional carrier expense

Other

Special items - impairment charges and other

Special items - restructuring charges

Special items - merger-related costs

Special items - labor ratification bonus

Special items - integration costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

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Net PPE

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Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

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Change in working capital

Cash from investing

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Net change in cash

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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.

Delta Air Lines

Southwest Airlines

Upbeat passenger revenues are likely to aid the Q2 results of DAL, LUV and ALK.

3 Airline Stocks to Take a Stake in Amid Upbeat Travel Demand

Rising load factor owing to uptick in air-travel demand boosts Alaska Air's (ALK) stock.

Here's Why Investors Should Buy Alaska Air (ALK) Stock Now

JetBlue Airways

JetBlue turned hostile in a bid for Spirit Airlines. There are major doubts about JetBlue being able to acquire Spirit Airlines.

JetBlue And Alaska Airlines: A Superior Match?

ALK stock declined 2.2% over a five-day trading period ending 5/16/2022, compared to the broader market (S&P500) which remained fairly stable.

Should You Buy The Dip In Alaska Air Stock?

SEATTLE, May 18, 2022 /PRNewswire/ -- Alaska Airlines' board of directors has promoted 30-year airline veteran Wayne Newton to senior vice president of airport operations and customer services. In addition to overseeing airport and cargo operations across 125 locations and a team of employees and contractors, Newton will now lead Alaska's largest hub in Seattle.

Alaska Airlines names 30-year industry veteran new senior vice president of airport operations

SEATTLE, May 13, 2022 /PRNewswire/ -- Horizon Air aircraft technicians and fleet service agents, who are represented by the Aircraft Mechanics Fraternal Association (AMFA), have ratified a new two-year contract. The contract was approved by 91% of those employees who voted.

Aircraft technicians at Horizon Air ratify new two-year contract

It probably won't make the Kessel Run in less than 12 parsecs, but Han Solo should definitely be piloting this new plane from Alaska Airlines.

Jump to lightspeed! Alaska Airlines celebrates May the Fourth with Star Wars-themed aircraft

Fans wearing their favorite Star Wars clothing today enjoy early boarding on their flights SEATTLE , May 4, 2022 /PRNewswire/ -- Alaska Airlines joined forces with Disneyland Resort today, May the Fourth, to unveil a new, one-of-its-kind Star Wars-themed aircraft that even Chewbacca would be proud of. The plane, painted space black with the iconic Millennium Falcon emblazoned on the tail chased by TIE fighters, celebrates Star Wars: Galaxy's Edge, the newest land of adventure inside Disneyland Park in Anaheim, Calif.

Alaska Airlines launches new Star Wars-themed aircraft to celebrate adventures to 'Star Wars: Galaxy's Edge' at Disneyland Resort

Guests wearing their favorite Star Wars clothing on any May 4 flight will enjoy priority boarding SEATTLE , May 2, 2022 /PRNewswire/ -- Attention all Star Wars fans: If you have a flight on Alaska Airlines on May 4, 2022, you might want to break out your vintage Luke Skywalker T-shirt, way too cool BB-8 ballcap or even that Darth Vader cape. To celebrate the Star Wars fan day of "May the Fourth (be with you)," we're offering guests who wear their favorite Star Wars gear the chance to board early.

Show your Star Wars spirit on Alaska Airlines and board early this 'May the Fourth'

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Alaska Air Group (ALK) a Great Value Stock Right Now?

U.S. airlines are reporting very strong demand as the pandemic wanes and Americans return to the skies. Alaska Air Group used the pandemic to sharpen its strategic focus.

Alaska Air Group Poised To Regain Financial Leadership

Alaska Air Group, Inc. (NYSE:ALK ) Q1 2022 Results Conference Call April 21, 2022 11:30 AM ET Company Participants Emily Halverson - Managing Director-Investor Relations Ben Minicucci - Chief Executive Officer Andrew Harrison - Executive Vice President and Chief Commercial Officer Shane Tackett - Chief Financial Officer and Executive Vice President-Finance Nat Pieper - Senior Vice President-Fleet, Finance and Alliances, and Treasurer Joe Sprague - President-Horizon Air Conference Call Participants Jamie Baker - JPMorgan Helane Becker - Cowen Scott Group - Wolfe Research Duane Pfennigwerth - Evercore ISI Ravi Shanker - Morgan Stanley Andrew Didora - Bank of America Mike Linenberg - Deutsche Bank Savi Syth - Raymond James Brandon Oglenski - Barclays Conor Cunningham - MKM Partners Myles Walton - UBS Catie O'Brien - Goldman Sachs Dan McKenzie - Seaport Global Operator Good morning. My name is Charlie, and I will be your conference operator today.

Alaska Air Group, Inc. (ALK) CEO Ben Minicucci on Q1 2022 Results - Earnings Call Transcript

Alaska Air's (ALK) Q1 results benefit from higher passenger revenues, thanks to continued improvement in air-travel demand from the pandemic-led lows.

Alaska Air (ALK) Q1 Loss Narrower Than Expected, Revenues Beat

American Airlines

These airline stocks are back in focus amid the lifting of mask mandates.

Good Stocks To Invest In Right Now? 4 Airline Stocks To Watch Today

Alaska Air Group, Inc.(NYSE: ALK) reported first-quarter FY22 operating revenue growth of 111% year-over-year to $1.68 billion, beating the consensus of $1.66 billion. Passenger revenues improved by 129% Y/Y to $1.51 billion.

Alaska Air Stock Gains On Q1 Beat

SEATTLE , April 21, 2022 /PRNewswire/ -- Alaska Airlines has named Emily Halverson vice president of finance and controller for Alaska Airlines and Alaska Air Group. As Alaska's vice president of finance and controller, Halverson will set the strategy for and oversee financial reporting, payroll, investor relations and accounting operations.

Alaska Airlines names new vice president of finance and controller

SEATTLE , April 21, 2022 /PRNewswire/ -- Alaska Air Group (NYSE: ALK) today reported financial results for its first quarter ending March 31, 2022 and provided outlook for the second quarter ending June 30, 2022. "Alaska has a proven track record and a resilient business model that delivers in good times and through challenging ones.

Alaska Air Group reports first quarter 2022 results

Allegiant Travel Company

Air Transport Services Group

Copa Hlds

SkyWest

Rebounding travel demand and climbing air travel fares should push airline stocks to fresh highs. ATSG, CPA, and ALGT can make great investments.

7 Airline Stocks to Buy That Should Keep Flying

SEATTLE , April 19, 2022 /PRNewswire/ -- Alaska Airlines' 100 dispatchers, who are represented by the Transport Workers Union (TWU), have ratified a new five-year contract. The contract was approved by 81% of those employees who voted.

Dispatchers at Alaska Airlines ratify new five-year contract

More people are taking to the skies than at any point since the start of the COVID-19 pandemic. And it's costing them more as a result.

Airfares are soaring — will the end of the mask mandate make flying even more expensive?

United Continental Hlds

The Biden administration will no longer enforce a U.S. mask mandate on public transportation, after a federal judge in Florida ruled that directive was unlawful, overturning a key White House effort to reduce the spread of COVID-19.

Factbox-U.S. airlines drop mask requirements for passengers, employees

Declining capacity and rising fuel cost are likely to hurt Alaska Air's (ALK) first-quarter 2022 results.

What's in the Cards for Alaska Air (ALK) This Earnings Season?

C.H. Robinson Worldwide

Expeditors International of Washington

FedEx

The Dow Jones Transportation Average has long been considered a good forward indicator of the direction of the U.S. economy. With early signs that an economic slowdown is coming, this might be an obvious portion of the stock market to avoid.

Deep Dive: Why consider the Dow transports when they point to a slowing economy? Because these 7 stocks are cheap

Hawaiian Hlds

The outlook for summer travel remains upbeat even as oil prices move higher.

Why Airline Stocks Soared This Week

Our guests can fly on 18 peak daily departures this summer, including San Francisco flights; Everett airport north of Seattle saves time and offers added convenience for many flyers SEATTLE , April 14, 2022 /PRNewswire/ -- After an exceptionally long two years, our guests are flying again – ready to go places and see people. At the newest commercial airport in the Seattle area, Alaska Airlines is making it easier to get going by adding more convenient flights as we ramp up to resuming our full schedule at Paine Field in Everett this summer.

News for Alaska Air Group Stock (ALK)