alaska air group inc. - ALK

ALK

Close Chg Chg %
53.08 0.04 0.08%

Closed Market

53.12

+0.04 (0.08%)

Volume: 1.64M

Last Updated:

Nov 20, 2024, 3:59 PM EDT

Company Overview: alaska air group inc. - ALK

ALK Key Data

Open

$52.98

Day Range

52.21 - 53.38

52 Week Range

32.00 - 54.00

Market Cap

$6.74B

Shares Outstanding

126.95M

Public Float

126.39M

Beta

1.59

Rev. Per Employee

N/A

P/E Ratio

21.35

EPS

$2.55

Yield

0.00%

Dividend

$0.38

EX-DIVIDEND DATE

Feb 14, 2020

SHORT INTEREST

N/A

AVERAGE VOLUME

2.23M

 

ALK Performance

1 Week
 
-1.52%
 
1 Month
 
18.25%
 
3 Months
 
48.77%
 
1 Year
 
42.85%
 
5 Years
 
-22.72%
 

ALK Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 16
Full Ratings ➔

About alaska air group inc. - ALK

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.

ALK At a Glance

Alaska Air Group, Inc.
19300 International Boulevard
Seattle, Washington 98188-5304
Phone 1-206-392-5040 Revenue 10.43B
Industry Airlines Net Income 235.00M
Sector Transportation 2023 Sales Growth 8.086%
Fiscal Year-end 12 / 2024 Employees 26,043
View SEC Filings

ALK Valuation

P/E Current 21.349
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 21.399
Price to Sales Ratio 0.482
Price to Book Ratio 1.198
Price to Cash Flow Ratio 4.789
Enterprise Value to EBITDA 5.226
Enterprise Value to Sales 0.677
Total Debt to Enterprise Value 0.541

ALK Efficiency

Revenue/Employee 400,337.903
Income Per Employee 9,023.538
Receivables Turnover 27.222
Total Asset Turnover 0.669

ALK Liquidity

Current Ratio 0.607
Quick Ratio 0.581
Cash Ratio 0.402

ALK Profitability

Gross Margin 18.521
Operating Margin 8.623
Pretax Margin 3.098
Net Margin 2.254
Return on Assets 1.507
Return on Equity 5.928
Return on Total Capital 2.963
Return on Invested Capital 3.239

ALK Capital Structure

Total Debt to Total Equity 92.828
Total Debt to Total Capital 48.14
Total Debt to Total Assets 24.113
Long-Term Debt to Equity 80.404
Long-Term Debt to Total Capital 41.697
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Alaska Air Group Inc. - ALK

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
3.57B 6.18B 9.65B 10.43B
Sales Growth
-59.39% +73.19% +56.19% +8.09%
Cost of Goods Sold (COGS) incl D&A
4.75B 5.84B 8.08B 8.49B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
420.00M 394.00M 415.00M 451.00M
Depreciation
- - - -
-
Amortization of Intangibles
- - - -
-
COGS Growth
-30.05% +22.97% +38.30% +5.18%
Gross Income
(1.18B) 336.00M 1.57B 1.93B
Gross Income Growth
-159.39% +128.40% +366.96% +23.07%
Gross Profit Margin
-33.17% +5.44% +16.27% +18.52%
2020 2021 2022 2023 5-year trend
SG&A Expense
101.00M 173.00M 295.00M 303.00M
Research & Development
- - - -
-
Other SG&A
101.00M 173.00M 295.00M 303.00M
SGA Growth
-67.73% +71.29% +70.52% +2.71%
Other Operating Expense
407.00M 507.00M 717.00M 729.00M
Unusual Expense
89.00M (972.00M) 656.00M 459.00M
EBIT after Unusual Expense
(1.78B) 628.00M (99.00M) 440.00M
Non Operating Income/Expense
27.00M 118.00M 272.00M (23.00M)
Non-Operating Interest Income
31.00M 25.00M 53.00M 80.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
87.00M 117.00M 94.00M 94.00M
Interest Expense Growth
- +38.10% +34.48% -19.66%
Gross Interest Expense
98.00M 128.00M 108.00M 121.00M
Interest Capitalized
11.00M 11.00M 14.00M 27.00M
Pretax Income
(1.84B) 629.00M 79.00M 323.00M
Pretax Income Growth
-281.10% +134.18% -87.44% +308.86%
Pretax Margin
-51.60% +10.18% +0.82% +3.10%
Income Tax
(516.00M) 151.00M 21.00M 88.00M
Income Tax - Current - Domestic
(223.00M) 56.00M (14.00M) (7.00M)
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(293.00M) 95.00M 35.00M 95.00M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(1.32B) 478.00M 58.00M 235.00M
Minority Interest Expense
- - - -
-
Net Income
(1.32B) 478.00M 58.00M 235.00M
Net Income Growth
-272.17% +136.10% -87.87% +305.17%
Net Margin Growth
-37.13% +7.74% +0.60% +2.25%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(1.32B) 478.00M 58.00M 235.00M
Preferred Dividends
- - - -
-
Net Income Available to Common
(1.32B) 478.00M 58.00M 235.00M
EPS (Basic)
-10.725 3.8221 0.4579 1.845
EPS (Basic) Growth
-271.93% +135.64% -88.02% +302.93%
Basic Shares Outstanding
123.45M 125.06M 126.66M 127.38M
EPS (Diluted)
-10.725 3.7705 0.4535 1.8258
EPS (Diluted) Growth
-273.34% +135.16% -87.97% +302.60%
Diluted Shares Outstanding
123.45M 126.78M 127.90M 128.71M
EBITDA
(1.27B) 50.00M 972.00M 1.35B
EBITDA Growth
-182.37% +103.93% +1,844.00% +38.89%
EBITDA Margin
-35.64% +0.81% +10.08% +12.95%

Snapshot

Average Recommendation BUY Average Target Price 59.25
Number of Ratings 16 Current Quarters Estimate 0.485
FY Report Date 12 / 2024 Current Year's Estimate 4.012
Last Quarter’s Earnings 2.25 Median PE on CY Estimate N/A
Year Ago Earnings 4.53 Next Fiscal Year Estimate 5.467
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 14 7 14 14
Mean Estimate 0.48 -0.77 4.01 5.47
High Estimates 1.34 -0.41 5.22 6.61
Low Estimate 0.26 -1.29 1.38 3.67
Coefficient of Variance 66.83 -37.28 26.21 13.55

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 12 11 9
OVERWEIGHT 1 1 1
HOLD 3 3 4
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Overweight

Insider Actions for Alaska Air Group Inc. - ALK

Date Name Shares Transaction Value
Nov 8, 2024 Benito Minicucci CEO AND PRESIDENT; Director 142,796 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 8, 2024 Benito Minicucci CEO AND PRESIDENT; Director 141,244 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $48.56 per share 6,858,808.64
Nov 8, 2024 Benito Minicucci CEO AND PRESIDENT; Director 3,942 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 14, 2024 James A. Beer Director 17,651 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $43.86 per share 774,172.86
May 14, 2024 Patricia M. Bedient Director 59,729 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $43.86 per share 2,619,713.94
May 14, 2024 James Kenneth Thompson Director 35,949 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $43.86 per share 1,576,723.14
May 14, 2024 Raymond L. Conner Director 17,162 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $43.86 per share 752,725.32
May 14, 2024 Daniel K. Elwell Director 10,479 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $43.86 per share 459,608.94
May 14, 2024 Adrienne R. Lofton Director 9,413 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $43.86 per share 412,854.18
May 14, 2024 Eric K. Yeaman Director 24,833 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $43.86 per share 1,089,175.38
May 14, 2024 Helvi K. Sandvik Director 22,916 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $43.86 per share 1,005,095.76
May 14, 2024 Kathleen T. Hogan Director 14,686 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $43.86 per share 644,127.96
May 10, 2024 Constance E. von Muehlen EVP AND COO 430 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 8, 2024 Constance E. von Muehlen EVP AND COO 16,162 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $41.88 per share 676,864.56
Apr 8, 2024 Constance E. von Muehlen EVP AND COO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 8, 2024 Constance E. von Muehlen EVP AND COO 17,401 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 1, 2024 Andrew R. Harrison EVP AND CCO 26,048 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38.36 per share 999,201.28
Feb 16, 2024 Joseph A. Sprague 21,665 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $36.57 per share 792,289.05
Feb 16, 2024 Joseph A. Sprague 22,681 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 16, 2024 Shane R. Tackett EVP AND CFO 36,094 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Alaska Air Group Inc. in the News