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ALK

ALK - Alaska Air Group Inc Stock Price, Fair Value and News

43.31USD+0.03 (+0.07%)Market Closed

Market Summary

ALK
USD43.31+0.03
Market Closed
0.07%

ALK Alerts

  • Losses in recent quarter

ALK Stock Price

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ALK RSI Chart

ALK Valuation

Market Cap

5.5B

Price/Earnings (Trailing)

22.43

Price/Sales (Trailing)

0.53

EV/EBITDA

7.28

Price/Free Cashflow

-17.9

ALK Price/Sales (Trailing)

ALK Profitability

EBT Margin

3.29%

Return on Equity

6.16%

Return on Assets

1.65%

Free Cashflow Yield

-5.59%

ALK Fundamentals

ALK Revenue

Revenue (TTM)

10.5B

Rev. Growth (Yr)

1.64%

Rev. Growth (Qtr)

-12.57%

ALK Earnings

Earnings (TTM)

245.0M

Earnings Growth (Yr)

7.04%

Earnings Growth (Qtr)

-6.5K%

Breaking Down ALK Revenue

Last 7 days

-1.0%

Last 30 days

1.4%

Last 90 days

15.4%

Trailing 12 Months

-4.0%

How does ALK drawdown profile look like?

ALK Financial Health

Current Ratio

0.65

Debt/Equity

0.57

Debt/Cashflow

0.49

ALK Investor Care

Dividend Yield

0.88%

Dividend/Share (TTM)

0.38

Buy Backs (1Y)

0.80%

Diluted EPS (TTM)

1.89

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202410.5B000
202310.2B10.3B10.4B10.4B
20227.1B8.2B9.1B9.6B
20212.7B3.8B5.1B6.2B
20208.5B6.7B5.0B3.6B
20198.3B8.4B8.6B8.8B
20188.0B8.0B8.1B8.3B
20176.3B6.9B7.5B7.9B
20165.7B5.7B5.8B5.9B
20155.4B5.5B5.5B5.6B
20145.2B5.4B5.3B5.4B
20134.8B4.8B5.1B5.2B
20124.4B4.5B4.6B4.7B
20114.0B4.1B4.2B4.3B
20103.5B3.6B3.7B3.8B
200903.6B3.5B3.4B
20080003.7B

Tracking the Latest Insider Buys and Sells of Alaska Air Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 09, 2024
yeaman eric k
acquired
139,957
43.86
3,191
-
May 09, 2024
lofton adrienne rochelle
acquired
139,957
43.86
3,191
-
May 09, 2024
bedient patricia m
acquired
139,957
43.86
3,191
-
May 09, 2024
thompson j kenneth
acquired
139,957
43.86
3,191
-
May 09, 2024
sandvik helvi kay
acquired
139,957
43.86
3,191
-
May 09, 2024
elwell daniel kevin
acquired
139,957
43.86
3,191
-
May 09, 2024
beer james a
acquired
139,957
43.86
3,191
-
May 09, 2024
conner raymond l.
acquired
139,957
43.86
3,191
-
May 09, 2024
hogan kathleen t
acquired
139,957
43.86
3,191
-
Apr 03, 2024
von muehlen constance e
acquired
-
-
4,110
evp and coo

1–10 of 50

Which funds bought or sold ALK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-15.22
-133,632
1,857,300
-%
May 16, 2024
Tidal Investments LLC
reduced
-7.55
45,706
2,693,480
0.04%
May 16, 2024
Ancora Advisors LLC
unchanged
-
79.00
860
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-75.65
-9,307,020
3,405,500
-%
May 16, 2024
COMERICA BANK
added
88.01
3,868,270
7,487,910
0.03%
May 15, 2024
EVERGREEN CAPITAL MANAGEMENT LLC
new
-
342,711
342,711
0.01%
May 15, 2024
Voya Investment Management LLC
added
31.19
571,864
1,861,250
-%
May 15, 2024
PRELUDE CAPITAL MANAGEMENT, LLC
new
-
602,247
602,247
0.03%
May 15, 2024
Alberta Investment Management Corp
unchanged
-
117,208
1,285,400
0.01%
May 15, 2024
Graham Capital Management, L.P.
sold off
-100
-2,472,740
-
-%

1–10 of 38

Are Funds Buying or Selling ALK?

Are funds buying ALK calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ALK
No. of Funds

Unveiling Alaska Air Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.90%
13,954,409
SC 13G/A
Feb 06, 2024
victory capital management inc
-
7,441,510
SC 13G/A
Jan 08, 2024
blackrock inc.
12.9%
16,545,266
SC 13G/A
Feb 09, 2023
vanguard group inc
11.49%
14,571,902
SC 13G/A
Feb 06, 2023
blackrock inc.
5.7%
7,283,093
SC 13G/A
Feb 02, 2023
victory capital management inc
-
6,955,712
SC 13G
Feb 14, 2022
price t rowe associates inc /md/
0.5%
661,327
SC 13G/A
Feb 09, 2022
vanguard group inc
11.05%
13,848,376
SC 13G/A
Feb 07, 2022
blackrock inc.
6.2%
7,824,195
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
7.4%
9,163,490
SC 13G/A

Recent SEC filings of Alaska Air Group Inc

View All Filings
Date Filed Form Type Document
May 13, 2024
4
Insider Trading
May 13, 2024
4
Insider Trading
May 13, 2024
4
Insider Trading
May 13, 2024
4
Insider Trading
May 13, 2024
4
Insider Trading
May 13, 2024
4
Insider Trading
May 13, 2024
4
Insider Trading
May 13, 2024
4
Insider Trading
May 13, 2024
4
Insider Trading
May 13, 2024
8-K
Current Report

Peers (Alternatives to Alaska Air Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
34.0B
59.0B
10.07% 46.84%
6.79
0.58
9.34% 164.26%
18.1B
54.8B
12.80% 14.23%
6.73
0.33
12.31% 40.00%
16.7B
26.7B
-3.16% -6.98%
51.56
0.62
7.60% -43.44%
MID-CAP
9.7B
53.2B
6.12% -2.06%
19.34
0.18
1.74% -71.78%
5.5B
10.5B
1.38% -4.01%
22.43
0.53
2.96% 315.25%
2.1B
9.5B
-11.71% -16.48%
-2.46
0.22
-2.60% -178.93%
SMALL-CAP
965.4M
2.5B
-13.57% -48.49%
15.95
0.38
2.66% -9.01%
960.2M
2.1B
17.35% -12.72%
19.67
0.47
-0.28% -71.11%
705.7M
2.7B
2.72% 66.59%
-2.35
0.26
-0.99% -46.20%
415.0M
5.3B
-7.79% -75.98%
-0.85
0.08
-3.17% -4.93%
36.0M
498.1M
8.64% -52.43%
-0.27
0.07
-6.20% 34.25%

Alaska Air Group Inc News

Latest updates
MarketBeat • 5 hours ago
Markets Insider • 40 hours ago
Yahoo Finance • 14 May 2024 • 01:40 pm
Zacks Investment Research • 13 May 2024 • 07:22 pm
Yahoo Finance • 13 May 2024 • 01:40 pm

Alaska Air Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-12.6%2,2322,5532,8392,8382,1962,4792,8282,6581,6811,8991,9531,5277978087014211,6362,2282,3892,2881,876
Costs and Expenses-2,398-2,6282,5012,382-2,7662,4711,883-1,695978958-1,2727091,957-1,9671,9241,851
Operating Expenses-4.9%2,3982,5212,6282,5012,3822,4562,7662,4711,8831,8601,6959789581,4031,2727091,9571,9761,9671,9241,851
  S&GA Expenses6.9%77.0072.0084.0081.0066.0077.0082.0078.0058.0050.0049.0041.0033.0018.0024.004.0055.0077.0077.0087.0072.00
EBITDA Margin4.8%0.09*0.09*0.09*0.07*0.06*0.06*0.06*0.09*0.16*0.19*0.10*-0.08*---------
Interest Expenses-2.8%35.0036.0043.0010.0032.0036.0037.00-35.0028.0025.0039.0050.0060.008.0017.0013.0026.0018.0020.0018.00
Income Taxes-866.7%-46.006.0054.0085.00-57.0013.0025.0046.00-63.0011.0051.00131-42.00-196-158-77.00-85.0062.0094.0089.002.00
Earnings Before Taxes-4550.0%-1784.00193325-19935.0065.00185-20629.00245528-173-643-589-291-3172434163516.00
EBT Margin6.1%0.03*0.03*0.03*0.02*0.01*0.01*0.01*0.03*0.08*0.10*-0.01*-0.23*---------
Net Income-6500.0%-132-2.00139240-14222.0040.00139-14318.00194397-131-447-431-214-2321813222624.00
Net Income Margin3.9%0.02*0.02*0.03*0.02*0.01*0.01*0.01*0.03*0.07*0.08*0.00*-0.16*---------
Free Cashflow142.3%235-556-86.0010098.00-715-141604-1.0027.00-194765---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.4%14,81314,61315,16514,82914,29614,18614,53114,80014,21013,95113,88214,65614,26214,04614,74913,99813,36312,99312,98312,95112,640
  Current Assets15.7%3,1292,7053,6443,2443,0993,0403,8104,2323,9743,9204,0014,7714,2844,0064,4653,2442,5722,0372,2022,2182,001
    Cash Equivalents224.9%9132816475365163386887786284704951,0251,0761,3861,8551,509811232237244215
  Inventory-10.3%10411612210710510494.0093.0078.0062.0062.0052.0057.0057.0057.0056.0068.0072.0063.0055.0058.00
  Net PPE-2.3%8,1948,3888,0267,9637,2527,2576,6546,4716,2426,1386,1206,1286,1446,2116,3816,7956,8546,9026,8346,7446,629
  Goodwill0%2,0332,0332,0342,0362,0372,0382,0402,0412,0422,0441,9431,9431,9432,0501,9431,9431,9431,9431,9431,9431,943
  Current Liabilities8.3%4,8294,4595,0745,1764,8574,4934,7094,9024,5703,9914,0244,8464,7624,2934,2074,1203,7303,2013,3463,5343,386
  Long Term Debt3.8%2,2642,1822,1281,8891,7951,8831,8891,9612,0782,1732,2252,3192,3252,3572,6721,5491,2031,2641,4441,5381,664
    LT Debt, Non Current-100.0%-2,1822,1281,8891,7951,8831,8891,9612,0782,1732,2252,3192,3252,357---1,2641,4441,5381,664
Shareholder's Equity-3.3%3,9774,1134,0933,9513,6893,8163,8263,7993,6373,8013,5313,3242,8752,9883,4543,8614,0154,3314,2523,9733,746
  Retained Earnings-2.9%4,4034,5354,5374,3984,1584,3004,2784,2384,0994,2424,2244,0303,6333,7644,2114,6424,8565,1334,9964,7174,498
  Additional Paid-In Capital1.7%707695659648587577549542503494462454409391366350314305297270261
Accumulated Depreciation2.2%4,4394,3424,2834,2194,1784,1274,0463,9223,8143,8623,7803,7033,6163,5313,4603,4343,3073,4863,3933,3073,233
Shares Outstanding-0.3%126126127127127128127127126126125125---------
Float----6,700---5,100---7,500---4,500---7,900-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations650.9%292-53.002716102229.00174948287129-106840167-350-20528833.00341348565468
  Share Based Compensation58.3%19.0012.0017.0033.0023.009.0013.0015.005.0016.0011.0012.0012.0010.007.00-2.009.009.004.005.0011.00
Cashflow From Investing306.5%318-154-331-53960.00-330-167-76039.00-65.00127-527-543174-6433.00-127-83.00-178-344-186
Cashflow From Financing96.9%-5.00-159177-51.00-114-29.00-90.00-38.00-168-89.00-544-36382.00-3051,195407684-275-175-192-171
  Dividend Payments-----------------45.00120-33.0043.0043.00
  Buy Backs-68.7%21.0067.0013.0039.0018.00-----------31.00-32728.0012.0013.00
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ALK Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Revenues  
Revenue from Contract with Customer, Excluding Assessed Tax$ 2,232$ 2,196
Operating Expenses  
Wages and benefits804723
Variable incentive pay4447
Aircraft fuel, including hedging gains and losses565665
Aircraft maintenance122124
Aircraft rent4759
Landing fees and other rentals165152
Contracted services9795
Selling expenses7766
Depreciation and amortization126104
Food and beverage service5854
Third-party regional carrier expense5452
Other205177
Special items - Impairment charges and other2613
Special items - merger-related costs80
Special items - labor and related 51
Costs and Expenses, Total2,3982,382
Operating Income (Loss)(166)(186)
Nonoperating Income (Expense)  
Interest income1717
Interest expense(35)(28)
Interest capitalized67
Other—net0(9)
Nonoperating Income (Expense) Total(12)(13)
Income (Loss) Before Income Tax(178)(199)
Income tax (benefit) expense(46)(57)
Net Income (Loss)$ (132)$ (142)
Basic Earnings Per Share (usd per share)$ (1.05)$ (1.11)
Diluted Earnings Per Share (usd per share)$ (1.05)$ (1.11)
Shares used for computation:  
Basic shares (shares)125,970,000127,501,000
Diluted shares (shares)125,970,000127,501,000
Passenger [Member]  
Operating Revenues  
Revenue from Contract with Customer, Excluding Assessed Tax$ 2,004$ 1,984
Mileage plan other revenue [Member]  
Operating Revenues  
Revenue from Contract with Customer, Excluding Assessed Tax164154
Cargo and Freight [Member]  
Operating Revenues  
Revenue from Contract with Customer, Excluding Assessed Tax6458
Passenger Revenue [Member]  
Operating Revenues  
Revenue from Contract with Customer, Excluding Assessed Tax2,0041,984
Passenger Revenue [Member] | Passenger [Member]  
Operating Revenues  
Revenue from Contract with Customer, Excluding Assessed Tax2,0041,984
Mileage Plan Revenue [Member]  
Operating Revenues  
Revenue from Contract with Customer, Excluding Assessed Tax412386
Mileage Plan Revenue [Member] | Mileage plan other revenue [Member]  
Operating Revenues  
Revenue from Contract with Customer, Excluding Assessed Tax164154
Cargo and Other Revenue [Member]  
Operating Revenues  
Revenue from Contract with Customer, Excluding Assessed Tax6458
Cargo and Other Revenue [Member] | Cargo and Freight [Member]  
Operating Revenues  
Revenue from Contract with Customer, Excluding Assessed Tax$ 64$ 58

ALK Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current Assets  
Cash and cash equivalents$ 885$ 281
Marketable securities1,3931,510
Total cash and marketable securities2,2781,791
Receivables - net384383
Inventories and supplies - net104116
Prepaid expenses177176
Other Assets, Current186239
Total Current Assets3,1292,705
Property and Equipment  
Aircraft and other flight equipment10,36310,425
Other property and equipment1,8391,814
Deposits for future flight equipment431491
Property and Equipment Total12,63312,730
Less accumulated depreciation and amortization4,4394,342
Total Property and Equipment - Net8,1948,388
Operating Lease, Right-of-Use Asset1,1741,195
Goodwill2,0332,033
Other noncurrent assets283292
Other Assets3,4903,520
Total Assets14,81314,613
Current Liabilities  
Accounts payable181207
Accrued wages, vacation and payroll taxes481584
Other accrued liabilities791800
Operating Lease, Liability, Current158158
Current portion of long-term debt301353
Total Current Liabilities4,8294,459
Long-Term Debt, Net of Current Portion2,2642,182
Noncurrent Liabilities  
Operating Lease, Liability, Noncurrent1,0981,125
Deferred Income Tax Liabilities, Net649695
Deferred revenue, noncurrent1,3201,382
Obligation for pension and postretirement medical benefits365362
Other liabilities311295
Other Liabilities and Credits Totals3,7433,859
Commitments and Contingencies
Shareholders' Equity  
Preferred stock, $0.01 par value, Authorized: 5,000,000 shares, none issued or outstanding00
Common stock, $0.01 par value, Authorized: 400,000,000 shares, Issued: 2021 - 133,792,045 shares; 2020 - 133,567,534 shares, Outstanding: 2021 - 124,442,101 shares; 2020 - 124,217,590 shares11
Capital in excess of par value$ 707$ 695
Treasury Stock, Common, Shares13,431,56312,870,477
Treasury stock (common), at cost: 2020 - 9,349,944 shares; 2020 - 9,349,944 shares$ (840)$ (819)
Accumulated other comprehensive loss(294)(299)
Retained earnings4,4034,535
Total Shareholders' Equity3,9774,113
Total Liabilities and Shareholders' Equity14,81314,613
Mileage Plan Revenue [Member]  
Current Liabilities  
Contract with Customer, Liability, Current1,3131,221
Contract with Customer, Liability, Current1,3131,221
Passenger Revenue [Member]  
Current Liabilities  
Contract with Customer, Liability, Current1,6041,136
Contract with Customer, Liability, Current$ 1,604$ 1,136
ALK
Alaska Air Group, Inc., through its subsidiaries, operated airlines. The company operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing and Airbus jet aircraft for passengers and cargo throughout the United States, and in parts of Mexico, Costa Rica, and Belize; and for passengers across a shorter distance network within the United States and Canada. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.
 CEO
 WEBSITEalaskaair.com
 INDUSTRYAirlines
 EMPLOYEES23140

Alaska Air Group Inc Frequently Asked Questions


What is the ticker symbol for Alaska Air Group Inc? What does ALK stand for in stocks?

ALK is the stock ticker symbol of Alaska Air Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Alaska Air Group Inc (ALK)?

As of Fri May 17 2024, market cap of Alaska Air Group Inc is 5.5 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ALK stock?

You can check ALK's fair value in chart for subscribers.

What is the fair value of ALK stock?

You can check ALK's fair value in chart for subscribers. The fair value of Alaska Air Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Alaska Air Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ALK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Alaska Air Group Inc a good stock to buy?

The fair value guage provides a quick view whether ALK is over valued or under valued. Whether Alaska Air Group Inc is cheap or expensive depends on the assumptions which impact Alaska Air Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ALK.

What is Alaska Air Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, ALK's PE ratio (Price to Earnings) is 22.43 and Price to Sales (PS) ratio is 0.53. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ALK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Alaska Air Group Inc's stock?

In the past 10 years, Alaska Air Group Inc has provided 0 (multiply by 100 for percentage) rate of return.