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

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Earnings per share

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Minority interest

Total liabilities & equity

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Book value per share

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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 (ALK) delivered earnings and revenue surprises of 13.95% and 1.09%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Alaska Air Group (ALK) Beats Q3 Earnings and Revenue Estimates

American Airlines

Southwest Airlines

Major U.S. airlines are largely unanimous in expecting robust holiday demand in the months ahead, but rising fuel prices could put a spanner in the works.

American, Southwest, and Alaska Air Just Reported Earnings. What to Know.

Alaska Air Group, Inc. (NYSE: ALK) reported third-quarter FY21 operating revenue growth of 179% year-over-year to $1.95 billion, beating the consensus of $1.93 billion. Passenger revenue improved by 210% Y/Y to $1.77 billion.

Alaska Air Q3 Earnings Beat Estimates

SEATTLE, Oct. 21, 2021 /PRNewswire/ -- Alaska Air Group (NYSE: ALK) today reported financial results for its third quarter ending Sept. 30, 2021, and provided outlook for the fourth quarter ending Dec. 31, 2021.

Alaska Air Group reports third quarter 2021 results

Alaska Air Group (NYSE:ALK) is set to give its latest quarterly earnings report on Thursday, 2021-10-21. Here's what investors need to know before the announcement.

Alaska Air Group Earnings Preview

SEATTLE, Oct. 20, 2021 /PRNewswire/ -- We just can't help ourselves. Alaska Airlines is growing again in Boise with a pair of new nonstops we know our guests have been eager to see.

Alaska Airlines brings Boise and Idaho Falls a little closer with new nonstop flight

Escalated fuel costs are likely to have dented the Q3 performances of Alaska Air (ALK), American Airlines (AAL) and Southwest Airlines (LUV).

Airline Stocks to Watch for Earnings on Oct 21: ALK, AAL, LUV

The shares of Alaska Air Group have lost 8% in value over the past two weeks largely due to concerns of high operational costs from pent-up benchmark prices. Government aid supported payroll related expenses, even in the third quarter, shielding against the negative impact of the fourth wave of.

Alaska Air Group Stock Poised For Long-Term Gains?

Wichita Airport said Alaska was cutting two flights from Wichita, Kansas, to Seattle, Washington, each week in December "due to labor shortages."

Alaska Airlines is cutting some of its November and December flights because of understaffing, suggesting it doesn't expect the labor shortage to end any time soon

Alaska Airlines has become the latest major airline to enter corporate investing with the launch of a new venture capital arm, dubbed Alaska Star Ventures, as the aviation industry looks to emerging technologies to help decarbonize air travel. Alaska Star Ventures' first investment, to the tune of $15 million, is in Los Angeles-based UP.Partners' inaugural […]

Alaska Airlines launches new venture arm, with first investment in UP.Partners' $230M fund

SANTA MONICA, Calif., Oct. 18, 2021 /PRNewswire/ -- UP.Partners today announced the final close of its inaugural $230M early stage venture capital fund dedicated to supporting companies that are transforming the moving world.

UP.Partners Launches $230M Venture Fund to Transform the Moving World

SEATTLE, Oct. 18, 2021 /PRNewswire/ -- Today, Alaska Airlines announced the formation of a new LLC, Alaska Star Ventures, to advance emerging technology that will accelerate the airline's progress toward net zero carbon emissions.  "To live our purpose and create an airline people love, we must operate every day in a way that cares for both people and the environment," said Alaska Airlines CEO Ben Minicucci.

Alaska Airlines launches investment arm to accelerate progress to net zero

Alaska Air's (ALK) Q3 performance might have been hurt by softness in bookings, induced by a spike in coronavirus cases.

Will Delta-Variant-Led Woes Mar Alaska Air's (ALK) Q3 Earnings?

SEATTLE, Oct. 14, 2021 /PRNewswire/ -- Alaska Air Group, Inc. announced today the appointment of Adrienne Lofton to the company's board of directors. Lofton, a marketing and retail omnichannel veteran who has extensive experience transforming some of the nation's best-known consumer brands, will also serve on the boards of the company's airline subsidiaries Alaska Airlines, Inc. and Horizon Air Industries, Inc. Lofton is the vice president of global brand marketing at Google, where she oversees the integrated consumer experience for Google's platforms & ecosystems portfolio (inclusive of Android, Chrome, Google Play and Education).

Alaska Air Group appoints tech executive to board of directors

Alaska Air's (ALK) unit, Alaska Airlines, expands its foothold in Anchorage with new nonstop service to Salt Lake City, set to begin next June.

Alaska Air (ALK) Arm to Begin Anchorage-Salt Lake City Service

After beating back a raid on American Airlines mechanics, Emerging national labor leader John Samuelsen wants to launch a counter-raid on mechanics at Southwest and Alaska Airlines.

After Big Win At American Airlines And Re-Election, Transport Workers Leader Wants To Raid Southwest And Alaska Mechanics.

SEATTLE, Oct. 7, 2021 /PRNewswire/ -- Alaska Airlines announced today the start of new nonstop service between Anchorage, our key hub in the state of Alaska, and Salt Lake City. With this flight – and our new one between Anchorage and Minneapolis-St. Paul – we will offer nonstop service connecting Alaska to the top 10 travel destinations in the continental U.S. this summer.

Alaska Airlines adds new nonstop service between Anchorage and Salt Lake City

Alaska Air (ALK) unit Alaska Airlines offers customers easy access to international destinations in Europe, through the codeshare agreement, effective Oct 7.

Alaska Air (ALK) Arm Inks Codeshare Deal With Iberia Airlines

Alaska Air Group, Inc's (NYSE: ALK) subsidiary Alaska Airlines entered a new codeshare agreement with Iberia Airlines. This agreement strengthens the existing partnership between the two airlines by providing flyers with travel options.

Alaska Airlines Enters New Codeshare Agreement With Iberia Airlines

SEATTLE, Oct. 5, 2021 /PRNewswire/ -- Alaska Airlines further expanded its global reach today with the announcement of a new codeshare agreement with Iberia Airlines, a fellow member of the oneworld alliance . The agreement further strengthens the existing partnership between the two airlines by providing flyers with exciting and convenient travel options.

Alaska Airlines launches new codeshare agreement with Iberia Airlines

Delta Air Lines

JetBlue Airways

Merck

Spirit Airlines

United Continental Hlds

Delta Air Lines (DAL) management's commentary that its ticket sales are improving bodes well.

U.S. Aviation Stocks Gain After Update on Merk's COVID-19 Pill

Alaska Airlines told its 22,000 employees they must get Covid vaccinations under federal rules.

Alaska Airlines tells employees they must get Covid vaccinations under federal rules

Frontier Group Holdings

JPMorgan analyst Jamie Baker upgraded Frontier Group Holdings Inc (NASDAQ:ULCC) to Overweight from Neutral and raised the price target to $22 (implying an upside of 32%), from $20.  Southwest Airlines Co (NYSE:LUV) upgraded to Overweight from Neutral and raised the price target to $70 (implying an upside of 30%) from $64.

JPMorgan Raises Price Target For Frontier Group, Southwest, Alaska Air; Downgrades Spirit Airlines

Alaska Air Group is poised to soar with further signs as traffic is not only rebounding, but ultimately returning to record levels. The company is already cash flow positive while still struggling with demand down 20% in Q3'21.

Alaska Air Group: Ready To Soar

Air Lease

Boeing

Air Lease (AL) delivers the first of 13 Boeing 737-9 aircraft to be delivered to Alaska Airlines as part of a previously announced agreement.

News for Alaska Air Group Stock (ALK)