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

Non-current assets

Net PPE

Intangibles

Total liabilities

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Short term debt

Income tax payable

Non-current liabilities

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

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Purchase/sale of investments

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Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Alaska Air's (ALK) CEO Benito Minicucci on Q4 2021 Results - Earnings Call Transcript

JetBlue Airways

Southwest Airlines

Southwest Airlines reports its first quarterly profit since the pandemic began.

Southwest, JetBlue, and Alaska Air Earnings Tell the Same Story

Alaska Air (ALK) delivered earnings and revenue surprises of 41.18% and 3.06%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Alaska Air Group (ALK) Beats Q4 Earnings and Revenue Estimates

Alaska Air Group Inc (NYSE: ALK) reported fourth-quarter FY21 operating revenue growth of 135% year-over-year to $1.899 billion, marginally ahead of the consensus of $1.89 billion. Passenger revenues improved by 161% Y/Y to $1.72 billion.

Alaska Air Reports Q4 Results, EPS Misses Street View

SEATTLE, Jan. 27, 2022 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today announced another quarter of improvement in its financial results for the fourth quarter and full year ended December 31, 2021, and provided an outlook for the first quarter ending March 31, 2022. "While recovery in our industry is never linear, our caring and dedicated people and the strength of our competitive advantages position us for success no matter what challenges we face," said CEO Ben Minicucci.

Alaska Air Group delivers strong fourth quarter 2021 and full-year results

Escalated fuel costs are likely to have dampened the Q4 performance of Alaska Air (ALK), JetBlue (JBLU) and Southwest Airlines (LUV).

Airline Stocks to Watch for Earnings on Jan 27: ALK, JBLU & LUV

A surge in fuel prices is expected to have hurt Alaska Air's (ALK) Q4 performance.

Will Omicron-Led Woes Mar Alaska Air's (ALK) Q4 Earnings?

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2022 is a stock pickers market and the recent dip provides us with some favorable pricing for these winning picks.

Top Stock Picks For 2022

SEATTLE, Jan. 10, 2022 /PRNewswire/ -- Alaska Airlines named Neil Thwaites as the new regional vice president of California. In this role, Thwaites will develop and deliver upon Alaska's strategic objectives for California, a market critical to Alaska's long-term growth plan.

Alaska Airlines names new regional vice president of California

Alaska Air Group (ALK) unit Alaska Airlines plans to cut January flights by roughly 10% due to a spike in coronavirus cases among its staff.

Alaska Air (ALK) Arm Trims January Schedule Amid Omicron Woes

The industry has been struggling in recent weeks due to a high number of employees calling off sick with COVID-19 or being forced to isolate after getting in close contact with someone with the virus.

Omicron surge prompts Alaska Airlines to trim January flight schedule

Airline stocks lagged the broad market recovery in 2021, and the COVID-19 omicron variant outbreak in the fourth quarter negatively impacted the global travel industry for the holiday season. One analyst said Friday that some airline stocks may finally be cleared for takeoff in 2022.

Analyst Upgrades Delta, Names Alaska Air Top Airline Pick For 2022

The airline's external affairs manager, Tim Thompson, told Alaska's New Source that most of the reductions would focus on the Lower 48.

Alaska Airlines is cutting 10% of its January flights due to 'unprecedented employee sick calls'

Alaska Airlines, a unit of Alaska Air Group, said on Thursday it will reduce its flight departures by about 10% through the end of January, due to a surge in Omicron infections and a rise in employees calling in sick.

Alaska Airlines reduces January flight schedule by about 10%

US flight cancellations topped 1,000 for the 12th straight day Thursday.

US flight cancellations continue as Omicron, extreme weather rages on

MKM Partners analyst Conor Cunningham believes that the new year will be a key moment of transition for airlines as they seek to turn a modest profit despite continued COVID-19 headwinds. Cunningham mentions that while U.S. airlines have been trading in tandem during the pandemic, they will begin to bifurcate in a post-pandemic environment.

MKM Partners' Top Picks In Airline Sector For 2022

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Wall Street believes there are better days ahead for this sector.

Why Airline Stocks Are Flying High Today

MKM says carriers benefiting from international and corporate recovery or have a compelling cost story will be this year's winners.

Delta and Alaska Air Are MKM's Top Picks. The Analysts Don't Like JetBlue.

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As the coronavirus pandemic has stretched out, investors have continued to pour money into stocks, in part because the alternatives have been dismal. Why bother with 10-year U.S. Treasury bonds that yield a paltry 1.52% when the S&P 500 index has a dividend yield of 1.30% to go along with its growth potential?

Deep Dive: Wall Street analysts' favorite stocks for 2022 include Alaska Air, Caesar's and Lithia Motors

Shares of Alaska Air Group Inc. ALK, +0.53% fell 0.8% in premarket trading Wednesday, after the air carrier said overnight that it will cut departures from Seattle by about 20%, as it continues to be feel the impact of severe winter weather and staffing shortages related to COVID-19. The company said decision to cut capacity, to allow for additional time to de-ice its planes, comes after 170 flights were canceled on Tuesday.

Alaska Air stock falls after departures from Seattle hub are cut by 20%

SEATTLE, Dec. 29, 2021 /PRNewswire/ -- Winter weather, displaced crew members and aircraft, and the continued impact of the omicron variant on staffing levels are converging to cause more canceled and delayed flights for Alaska Airlines this week. Today, 170 flights were canceled across Alaska's network, with more cancellations and delays expected throughout the week.

Winter weather impacts - what to know if you're flying on Alaska Airlines

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XPO Logistics

The pros love several value-oriented sectors for 2022, including industrials. Read on as we highlight 12 top industrial stocks for the year to come.

The 12 Best Industrial Stocks to Buy for 2022

Alaska Air has a superior competitive position. But the stock trades at a discount.

Alaska Air Is Ripe For Re-Rating And Distributions

Alaska Airlines' revenue has recovered impressively over the past few quarters and could reach pre-pandemic levels by mid-2022. Higher unit costs have weighed on Alaska's margins in 2021.

News for Alaska Air Group Stock (ALK)