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.

Delta Air Lines

United Continental Hlds

JetBlue Airways

Southwest Airlines

The airlines are the next group of carriers to strike deals with the Treasury Department for billions in coronavirus loans.

Delta, United and other airlines strike deal for federal coronavirus loans

American Airlines

Hawaiian Hlds

Spirit Airlines

SkyWest

American Airlines and four smaller carriers have reached agreement with the government for billions more in federal loans, a sign of the industry’s desperate fight to survive a downturn in air travel caused by the virus pandemic. The Treasury Department said Thursday that it had signed letters of intent for new loans to American, Spirit.

American Airlines, four other US carriers to receive billions more federal aid

The funds are available as part of the CARES Act stimulus plan.

U.S. Treasury Finalizes Loans for Five Airlines

Alaska Air Group Inc. ALK, -1.54% said Thursday that it has secured $1.2 billion in private funding while a subsidiary, McGee Air Services, a ground services company that operates independently, has received $30 million in loans from the Payroll Support Program (PSP) under the Coronavirus Aid, Relief and Economic Security (CARES) Act.

Alaska Air secures $1.2 billion in private funding and a subsidiary receives $30 million from CARES Act

A dip in airline bookings in the second half of June give grounds for caution about the prospects for the industry in the coming months as COVID-19 cases start to spike again in certain countries, the chief economist of airline body IATA said.

Drop in June airline bookings give reason for caution: IATA

The collapse of the biggest regional airline in Alaska could open up new opportunities for the fifth largest U.S. airline.

Alaska Airlines Brings Regional Jets to Alaska

Goldman Sachs is optimistic about the airlines.

Why Airline Shares Are Up Today (June 29)

Labor unions for aviation workers want Congress to pass another $32 billion bailout to protect hundreds of thousands of jobs as the coronavirus pandemic keeps airlines in a chokehold.

Airline unions seek another $32B coronavirus bailout

Allegiant Travel Company

Evidence is mounting that COVID-19 is regaining the upper hand in key tourism markets.

Why Airline Shares Are Falling Today (June 24)

Embraer

Alaska Air Group's (ALK) decision to deploy the smaller Embraer 175 jets in Alaska will enable it to operate additional flights between Anchorage and Fairbanks.

Alaska Air (ALK) Plans to Fly Embraer 175 Jets From October

Alaska Air (ALK) has been seeing improvement in demand since May. Revenues in June are expected to decline 80%, indicating a betterment from 87% and 83% decline in April and May respectively.

Alaska Air Sees June Revenues Dropping 80%, Less Than May

Alaska Air (ALK) faces dwindling air-travel demand due to the COVID-19 pandemic. However, lower fuel costs bode well.

Alaska Air Rides on Low Fuel Costs amid Travel Demand Woes

Alaska Air Group Inc.  said Monday that it expects June revenue to improve to being down about 80% from a year ago, following May revenue being down 83% and April revenue down 87%.

Alaska sees revenue, load factor continuing to improve in June

The Dow and S&P edged lower as coronavirus fears amped up.

Airlines Lead Losers as Stock Markets Limp Into the Weekend

Apple sounds the alarm on new COVID-19 cases and the sector goes tumbling down.

Why Airline Shares Are Falling Today (June 19)

Positive news on the economic and COVID-19 fronts has investors buying into the beaten-down sector.

Why Airline Shares Are Flying High Today (June 16)

ABofA Securities survey of U.S. consumers supports a thesis that three airliners will benefit from a domestic and leisure-led recovery.

3 Airline Stocks That Could Benefit From Leisure-Led Recovery

Alaska Airlines will be adding a passenger health questionnaire as part of its check-in process. The assessment is part of the airline’s “Next-Level Care” initiative and will ask travelers to confirm they have not exhibited COVID symptoms in the past 72 hours and have not traveled with someone who is symptomatic.

Alaska Airlines adds passenger health screening to check-in

Why Airline Shares Are Soaring Today (June 12)

A second wave of the pandemic would be very bad news for airlines.

Why Airline Shares Are Down Today (June 11)

A prominent analyst warns the recent gains are not sustainable.

Why Airline Shares Are Down Again Today (June 10)

The impressive June airline rally is taking a breather. Is it time to reassess the outlook for the stocks?

Why Airline Shares Are Falling Today (June 9)

Warren Buffett is one of the greatest investors in the history of the stock market.

Warren Buffett Was Wrong: 3 Airline Stocks to Buy as Americans Fly Again

A Wall Street analyst declares the recovery is real.

Why Airline Shares Are Flying Higher Today (June 8)

Alaska Air Group (ALK) closed at $42.72 in the latest trading session, marking a +0.95% move from the prior day.

News for Alaska Air Group Stock (ALK)