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

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Wages and benefits

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Aircraft fuel, including hedging gains and losses

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Year over year growth in Revenue and Operating Expenses.

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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.

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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.

Flight attendants at Alaska Airlines have rejected a three-year tentative labor agreement, their union said on Wednesday.

Alaska Air flight attendants reject tentative contract deal

Hawaiian Hlds

Shares of Hawaiian Holdings (HA) surged 6% in intraday trading Wednesday after the Hawaiian Airlines parent agreed to extend the U.S. Department of Justice's review period of its proposed acquisition by Alaska Air Group (ALK).

Hawaiian Holdings Stock Surges on Extended Review of Alaska Airlines Takeover

We've invested in new technology in Portland to improve our guests' travel experience; we've been the largest carrier at PDX for more than 20 years, now with 110 peak daily flights SEATTLE , Aug. 14, 2024 /PRNewswire/ -- Alaska Airlines is excited to partner with Portland International Airport for the grand opening today of its beautifully renovated, world-class terminal that has been years in the making. In conjunction with the terminal opening, Portland is our first location where we're using our new proprietary and innovative technology and processes to transform the airport experience and move our guests more seamlessly through the lobby and into security in five minutes or less.

Alaska Airlines celebrates the opening of Portland's spectacular new terminal

Alaska Air said on Wednesday it had agreed to extend by a day the review period of its proposed $1.9 billion acquisition of peer Hawaiian Holdings.

Alaska Air, Hawaiian extend review period of proposed deal by a day

A U.S. judge has dismissed a lawsuit that sought to block Alaska Airlines' plan to buy Hawaiian Airlines for $1.9 billion, a deal the consumer plaintiffs said would cut routes and raise prices.

US judge throws out consumer lawsuit over Alaska Airlines, Hawaiian merger

JetZero's pioneering blended wing body aircraft contributes to aviation's sustainability journey with significant improvements in fuel efficiency SEATTLE , Aug. 13, 2024 /PRNewswire/ -- Alaska Airlines announced today an investment in JetZero, a pioneering company developing a new blended-wing body (BWB) aircraft that will provide up to 50% less fuel burn and lower emissions. The investment reflects Alaska's commitment to advance new technology that will benefit the future of aviation, including those that enable the airlines' path to net zero carbon emissions.

Alaska Airlines announces investment in JetZero to propel innovative aircraft technology and design

Given the bright prospects associated with artificial intelligence, the decision of Alaska Airlines, the subsidiary of Alaska Air Group (ALK), to renew its partnership with Air Space Intelligence is highly prudent.

Alaska Air Group's (ALK) Arm Renews AI-Related Partnership

Our partnership with Chef Brandon Jew of Michelin-starred  Mister Jiu's takes our First Class menu to new heights SAN FRANCISCO , Aug. 12, 2024 /PRNewswire/ -- Alaska Airlines is set to redefine its First Class dining experience with the launch of an exciting chef partnership starting this month. The collaboration with Brandon Jew, an acclaimed chef and owner of San Francisco's Michelin-starred Mister Jiu's restaurant, will bring an exclusive menu to our guests seated in First Class between San Francisco International Airport (SFO) and New York's John F.

Alaska Airlines partners with James Beard award-winning chef to reimagine First Class menu

Alaska's pioneering use of AI in flight operations continues to yield benefits, reinforcing its legacy of innovation, and facilitating more fuel-efficient air travel. SEATTLE , Aug. 9, 2024 /PRNewswire/ -- Alaska Airlines today announced the renewal of its partnership with Air Space Intelligence (ASI), creator of Flyways.

Alaska Airlines Renews Partnership with Air Space Intelligence, Solidifying Commitment to AI-Powered Innovation & Driving Fuel Efficiency Goals

Alaska Air Group's (ALK) top line benefits from an uptick in air travel demand. The company's efforts to expand are a major tailwind.

Here's Why You Should Retain Alaska Air Group (ALK) Stock Now

Boeing

US transportation officials on Tuesday began a two-day hearing into a near-catastrophic January incident on a Boeing 737 MAX operated by Alaska Airlines that required an emergency landing.

US officials press for answers on Boeing emergency on Alaska Airlines

Alaska Airlines flight attendants feared passengers had been sucked out of the plane in the chaos following the Jan. 5 mid-air panel blowout on a Boeing 737 MAX 9 jet, according to harrowing testimony released by safety experts on Tuesday.

New testimony shows Alaska Air crew feared passengers were lost in mid-air blowout

US investigators will on Tuesday open a two-day hearing into a near-catastrophic January incident on a Boeing 737 MAX operated by Alaska Airlines that required an emergency landing.

Hearing to probe Alaska Airlines emergency on Boeing jet

Zacks.com users have recently been watching Alaska Air (ALK) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Is Most-Watched Stock Alaska Air Group, Inc. (ALK) Worth Betting on Now?

Southwest Airlines

United Continental Hlds

Airlines stocks and the broader industry were rocked back on July 19 by the CrowdStrike (NASDAQ: CRWD ) outage that brought computer systems across the world to a grinding halt. For one, this outage underscored just how reliant the world's transportation systems are on a single company's cybersecurity systems.

3 Airline Stocks That Were Unscathed by the CrowdStrike Outage

Alaska Air Group has agreed to extend the review period for the proposed $1.9 billion acquisition of rival Hawaiian Airlines amid antitrust scrutiny from the U.S. Department of Justice, the carrier said in a filing on Tuesday.

Alaska Airlines, Hawaiian Airlines extend review period of deal amid antitrust scrutiny

Our newest Alaska Lounge boasts a contemporary bar with premium beverages, spacious seating areas and hand-crafted espresso beverages SAN FRANCISCO , July 24, 2024 /PRNewswire/ -- Alaska Airlines is proud to announce the grand opening of its newest Alaska Lounge at San Francisco International Airport's Harvey Milk Terminal 1. The modern and spacious 11,000 square foot space delivers on our promise to enhance our network of lounges and offers an unparalleled pre-flight experience with a welcoming West Coast vibe, open spaces bathed in natural light and warm finishes.

Alaska Airlines unveils stunning lounge, completing transition to renovated world-class terminal in San Francisco

HF Sinclair Corp

Ironwood Pharma

ALK, DINO and IRWD have been added to the Zacks Rank #5 (Strong Sell) List on July 23, 2024.

New Strong Sell Stocks for July 23rd

American Airlines

Delta Air Lines

Spirit Airlines

United Airlines, Alaska Air, Spirit Airlines, Delta Air and American Airlines are included in this Analyst Blog.

The Zacks Analyst Blog United Airlines, Alaska Air, Spirit Airlines, Delta Air and American Airlines

Airline stocks are always in focus as summer travel season picks up, even more so with earnings season in high gear.

3 Airline Stocks With New Post-Earnings Setups

Alaska Air Group, Inc. (NYSE:ALK ) Q2 2024 Earnings Conference Call June 18, 2024 11:30 AM ET Company Participants Ryan St. John - Vice President, Finance, Planning and IR Ben Minicucci - President and CEO Andrew Harrison - Chief Revenue Officer and CCO Shane Tackett - Chief Financial Officer Conference Call Participants Jamie Baker - JPMorgan Duane Pfennigwerth - Evercore ISI Scott Group - Wolfe Research Andrew Didora - BofA Global Research Dan McKenzie - Seaport Global Ravi Shanker - Morgan Stanley Conor Cunningham - Melius Research Mike Linenberg - Deutsche Bank Savi Syth - Raymond James Tom Fitzgerald - Cowen & Company Stephen Trent - Citigroup Chris Stathoulopoulos - Susquehanna Financial Group Operator Good morning, ladies and gentlemen. And welcome to the Alaska Air Group 2024 Second Quarter Earnings Call.

Alaska Air Group, Inc. (ALK) Q2 2024 Earnings Call Transcript

Alaska Air's (ALK) second-quarter 2024 revenues benefit from contributions from passenger revenues.

Alaska Air (ALK) Q2 Earnings Top Estimates, Revenues Lag

The headline numbers for Alaska Air (ALK) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Alaska Air (ALK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Alaska Air Group (ALK) came out with quarterly earnings of $2.55 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $3 per share a year ago.

Alaska Air Group (ALK) Q2 Earnings Top Estimates

Expected to lead the industry with adjusted pretax margin of 15.8% Achieved a completion rate of 99.5%, among the highest in the industry Reached tentative agreement with Alaska flight attendants represented by AFA SEATTLE , July 17, 2024 /PRNewswire/ -- Alaska Air Group (NYSE: ALK) today reported financial results for the second quarter ending June 30, 2024, and provided outlook for the third quarter ending September 30, 2024 and full year 2024. "It's clear that premium airlines are rising above the rest of the industry, and Alaska's product and performance put us in that top tier, with a strong long-term outlook to grow and compete," said CEO Ben Minicucci.

News for Alaska Air Group Stock (ALK)