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

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

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

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

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 Group's (ALK) CEO Brad Tilden on Q4 2020 Results - Earnings Call Transcript

Low passenger revenues dent Alaska Air's (ALK) Q4 results.

Alaska Air Group (ALK) Posts Q4 Loss, Suffers Revenue Dip Y/Y

Boeing

Alaska Airlines on Sunday inducted a new aircraft into its fleet, the Boeing 737 Max.  The first of a newly restructured order for a whopping 68 aircraft touched down at Seattle-Tacoma International Airport after an official handover at the Boeing Delivery Center on the grounds of the aptly-named Boeing Field, just six miles north of Alaska's Seattle home airport.

Alaska Airlines just took delivery of its first Boeing 737 Max, becoming the 4th in the US to fly the controversial jet

Alaska Air (ALK) delivered earnings and revenue surprises of 12.37% and 2.72%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Alaska Air Group (ALK) Reports Q4 Loss, Tops Revenue Estimates

Shares of Alaska Air Group (NYSE:ALK) rose 0.2% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 274.66% over the past year to ($2.55), which beat the estimate of ($2.87).

Recap: Alaska Air Group Q4 Earnings

Shares of Alaska Air Group Inc. tacked on 0.7% in premarket trading Tuesday, after the air carrier reported a narrower-than-expected fourth-quarter loss, but revenue and load factor that missed amid continued COVID-19-related challenges. The company swung to a net loss of $430 million, or $3.47 a share, from net income of $181 million, or $1.46 a share, in the year-ago period.

Alaska Air stock gains after loss was narrower than expected, while revenue and load factor fell shy

JetBlue Airways

Alaska and JetBlue were airline industry financial darlings in the decade of the 2010s. Both have navigated the covid-19 era using different strategies. Alaska and JetBlue each have high potential to grow revenues, but one will end up stronger than the other.

Alaska And JetBlue: Two Coasts, Two Strategies, Different Outcomes

Alaska Air Group Inc. disclosed Thursday that it will receive $533 million after it reached agreement last week with the U.S. Treasury on an extension of the Payroll Support Program (PSP), which is part of the Coronavirus Aid, Relief and Economic Security (CARES) Act. Alaska Air said its subsidiary's, Alaska Airline and Horizon Air, received $266 million on Jan. 15 and expects to receive the remainder sometime in February.

Alaska Air to receive $533 million as part of extension of payroll support loans

Low passenger revenues stemming from pandemic-induced woes are likely to get reflected in Alaska Air's (ALK) fourth-quarter top line.

What's in Store for Alaska Air (ALK) Stock in Q4 Earnings?

Alaska Air Group (ALK) expects revenues to decline 64% for fourth-quarter 2020.

Alaska Air Group's (ALK) January Load Factor View Bleak

The jump in passenger traffic for U.S. airlines during the Thanksgiving and Christmas holidays was a mirage, not a sustainable source of revenue for overcoming the coronavirus crisis. On Thursday, Alaska Airlines said passenger volume and revenue since October has retreated again and Delta Air Lines (NYSE: DAL) sounded less optimistic about the next few months.

Alaska Air warns of increased cash burn in January

Alaska Air Group Inc. reported fourth-quarter load factor that was below expectations, and provided a downbeat outlook for January, as the air carrier saw revenue passengers decline during the quarter after reaching a pandemic peak in October. Load factor for the quarter was 45%, below the FactSet consensus of 50.5%, as load factor declined to 43% in December from 45% in November and 49% in October.

Alaska Air load factor falls below Q4 expectations, and is expected to fall further this month

Cisco Systems

Intel

Micron Technology

The Parnassus Endeavor Fund (Trades, Portfolio) recently released its portfolio updates for the fourth quarter of 2020, which ended on Dec. 31.

Biggest 4th-Quarter Trades of the Parnassus Endeavor Fund

American Airlines

Delta Air Lines

Southwest Airlines

Spirit Airlines

United Continental Hlds

Airlines face a challenging wait for COVID-19 vaccines to end travel lockdowns, global industry body IATA said, as a recovery in traffic stalls and bookings dry up amid a resurgence of virus outbreaks and restrictions.

Airline traffic and bookings stall despite vaccine promise

Alaska Air Group's (ALK) subsidiary Alaska Airlines plans to add two new services from Southern California, as part of its efforts to attract additional traffic during spring.

Alaska Airlines (ALK) to Add 2 New Services for Spring Travel

AstraZeneca

Pfizer

The availability of vaccines is likely to boost air travel in 2021. As a result, Delta (DAL), American Airlines (AAL), Southwest Airlines (LUV) and United Airlines (UAL) are likely to be aided by the uptick in passenger revenues.

Airlines End 2020 on a Solid Note: More Rally Awaited in 2021?

A rebound in leisure travel demand could provide a big lift to certain airline stocks starting later this year.

2 Top Airline Stocks to Bet on a 2021 Recovery

Airbnb

American Express

Booking Hlds

Disney

Wyndham Hotels & Resorts Inc

Wynn Resorts

The recent vaccine news has many investors betting on the return of travel. Here are the best tourism stocks to buy right now.

7 Tourism Stocks To Buy Investors Should Reserve Now

Bear of the Day: Alaska Airlines (ALK)

Alaska Air (ALK) unit Alaska Airlines' move to ban emotional support animals on flights follows changes made by DOT regarding service animals on aircraft.

Alaska Air (ALK) Arm to Soon Ban Emotional Support Animals

SEATTLE, Dec. 29, 2020 /PRNewswire/ -- Following recent changes to U.S. Department of Transportation's (DOT) rules, Alaska Airlines will no longer accept emotional support animals on its flights. Effective Jan. 11, 2021, Alaska will only transport service dogs, which are specially trained...

Alaska Airlines announces revisions to its service animal policy

Increasing debt and low passenger revenue are denting Alaska Air's (ALK) stock.

Here's Why Alaska Air (ALK) Shares Have Lost 22.8% in a Year

Carnival

Host Hotels & Resorts

Pebblebrook Hotel Trust

Trip.com

TripAdvisor

Many travel companies will revive and even thrive, so take advantage of some exceptional bargains.

Time to Book Some Travel Stocks

Allstate

Chevron

HCA Healthcare

Hilton Worldwide Holdings

NextEra Energy

Realty Income Corp

Qorvo

Vale S.A.

Walmart

As they do each year, the major Wall Street firms we cover here at 24/7 Wall St. provide lists of stocks that they feel will be the top performers for the coming year.

11 BofA Securities Top Pick Stocks to Buy for 2021

Alaska Air (ALK) subsidiary Alaska Airlines' expanded deal to buy 23 more Boeing 737-9 airplanes moves the carrier toward an all-Boeing mainline fleet.

Alaska Air (ALK) Arm Upsizes Boeing 737 MAX Order by 23

News for Alaska Air Group Stock (ALK)