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

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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.

Low cash burn, an improving revenue trajectory, and substantial cost-cutting opportunities all point to a quick post-pandemic rebound for the Alaska Airlines parent.

Alaska Air Is Poised to Lead the Airline Recovery

Alaska Air (ALK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Alaska Air Group (ALK) Q3 Earnings Expected to Decline

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The Parnassus Endeavor Fund (Trades, Portfolio) released its third-quarter portfolio earlier this week, revealing potential value opportunities as the Covid-19 pandemic continues to impact the market.

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The airline furloughed about 400 workers on Oct. 1 as it tries to adjust to pandemic-related demand issues.

Alaska Air's Cash Burn Ticks Higher as More Cuts Loom

With improvement in leisure-travel demand, Alaska Air's (ALK) year-over-year revenue declines show an improving trend. However, the airline expects capacity reductions to continue into 2021.

Alaska Air's Revenue Trends Improve, Q4 Capacity to Fall 40%

Alaska Air Group Inc. predicted more capacity reductions in the current quarter and said 4,000 employees took leaves of absence as the airline downsizes.

Alaska Air forecasts 40% capacity cuts in Q4, more cuts into 2021

Boeing

Boeing Co is in discussions to sell 737 MAX jets to Alaska Air Group Inc once the plane returns to service following a lengthy grounding, three people familiar with the matter said.

Exclusive: Boeing in talks with Alaska Air for potential 737 MAX order after jet's return to service - sources

Alaska Airlines has announced the retirement of 22 Airbus aircraft so far.

Alaska Airlines Closer To Single Fleet Solution

JetBlue Airways

Southwest Airlines

In light of President Trump urging Congress to promote aid for airlines, three airline stocks that have a cash-to-debt ratio of at least 0.5 and are modestly undervalued based on the GuruFocus Value Line are Southwest Airlines Co. (NYSE:LUV), Alaska Air Group Inc. (NYSE:ALK) and JetBlue Airways Corp. (NASDAQ:JBLU) according to the All-in-One Screener, a Premium feature of GuruFocus.

3 Airline Stocks to Consider on Stimulus Hopes

American Airlines

Delta Air Lines

Spirit Airlines

United Continental Hlds

President Trump is on board for a new round of industry-specific aid.

Why Airline Shares Took Off at the Open Today

Recent decisions to retire Airbus A320s ahead of schedule point toward Alaska Airlines transitioning back to an all-Boeing mainline fleet.

Alaska Airlines Just Gave a Big Hint That It's Going All-Boeing Again

A tough year for airlines and their workers is about to get worse.

What's Next for These 3 Airline Stocks After Government Restrictions Expire in October?

Ryanair Hlds

With traffic taking a massive hit, August global load factor of 58.5% touched an all-time low for the month.

IATA's 2020 Traffic Forecast Deteriorates Due to Dull Summer

Alaska Air (ALK) unit Alaska Airlines' coronavirus-testing facility for Hawaii-bound customers is aimed at offering ease to customers to avoid the state's quarantine rules in case they test negative.

Alaska Airlines to Offer Hawaii-Bound Flyers COVID-19 Tests

SEATTLE, Sept. 30, 2020 /PRNewswire/ -- To help guests prepare for Hawaii's pre-travel testing program, Alaska Airlines will partner with Carbon Health to offer rapid COVID-19 testing at its pop-up clinics across the West Coast, starting Oct. 12 in Seattle. Hawaii will begin to welcome...

Alaska Airlines to offer rapid COVID-19 testing for Hawaii-bound guests

Owing to an improved scenario on the leisure-travel demand front, Alaska Air (ALK) aims to unveil additional routes.

Alaska Air Rides on Higher Ticket Sales & Low Fuel Costs

Hawaiian Hlds

SkyWest

American Airlines (AAL) is currently eligible to borrow up to $5.5 billion from the government under the CARES Act.

7 U.S. Carriers Choose Treasury Loans: More Federal Aid Ahead?

And the Treasury secretary backs further aid for airline workers

Seven Airlines Snag U.S. Treasury Loans

The Treasury Department says it plans to upsize loans to airlines under a $25 billion federal program after major carriers Delta and Southwest decided to stick with the private market.

Treasury Department could upsize airline loans as Delta, Southwest opt out, freeing up funds

The U.S. Treasury said on Tuesday it had closed loans to seven large airlines hit hard by the coronavirus pandemic and urged Congress to save tens of thousands of airline jobs by extending billions in payroll assistance.

U.S. Treasury says it has closed loans to seven major airlines

Allegiant Travel Company

Times are anything but normal for airlines. But the possibility of a vaccine has analysts issuing new opinions on airline stocks to buy.

3 Airline Stocks That Are Set to Soar

Despite a slow travel year, some airlines are showing early signs of recovery as travel around the globe picks up. Here are three airline stocks that you should stay bullish on.

3 Airline Stocks That Are Making the Right Moves

Alaska Air's (ALK) subsidiary Alaska Airlines plans to add two and three new services from Los Angeles and Palm Springs respectively, starting Dec 17, 2020.

Alaska Airlines to Add 5 New Services for Winter Travel

The air travel market has shifted toward last-minute bookings, one-way flights and more domestic trips as consumers grapple with fast-moving changes due to the coronavirus pandemic, a report from online search and booking site Skyscanner shows.

Airline travel shifts toward last-minute bookings, domestic trips: Skyscanner

Alaska Air Group Inc. ALK, -2.63% said Monday it is blocking middle seats through Nov.

News for Alaska Air Group Stock (ALK)