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

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Special items - impairment charges and other

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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.

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Cost of revenue

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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.

Boeing

Boeing Co (NYSE:BA, ETR:BCO) climbed 6% to $213 after quarterly earnings beat Wall Street expectations but management refrained from giving guidance around expected costs of issues with its 737 Max 9 jets, after a mid-air blowout on an Alaska Airlines flight this month.  Financial guidance for 2024 was suspended, with some of its planes currently grounded by regulators.

Boeing drops guidance as it tries to navigates safety worries after Alaska Air blowout

Alaska Air (NYSE: ALK) recently reported its Q4 results, with revenues and earnings above the street estimates. The company reported revenue of $2.6 billion, reflecting a 3% growth from the prior year period and marginally above the $2.5 billion street estimate.

Should You Pick Alaska Air Stock At $37 After Q4 Beat?

The Alaska Airlines jet whose door blew off in mid-air was apparently missing bolts that should have been installed by Boeing employees when it rolled off of the aircraft manufacturer's assembly line, according to a report.

Alaska Airlines plane whose door blew off mid-flight was missing bolts when it left factory: report

New advisory board will enable a stronger connection with Hawai'i communities HONOLULU , Jan. 29, 2024 /PRNewswire/ -- In an effort to continue cultivating a deep and enduring relationship with local Hawai'i communities, Alaska Airlines announced today the establishment of the Hawaiʻi Community Advisory Board (HICAB). The HICAB will support Alaska's ongoing commitment to developing a true and authentic understanding of Hawai'i's people and culture as the airline combines with Hawaiian Airlines – honoring the legacy and significance of this beloved brand and reinforcing Alaska's expanded role in Hawai'i.

Alaska Airlines creates Hawai'i Community Advisory Board to deepen local ties

Regulators put limits on Boeing 737 MAX production, while grounded MAX 9 jets have resumed flying after required inspections.

Signs Suggest Alaska Airlines Plane Lacked Bolts When It Left Boeing Factory

Alaska Airlines has begun flying Boeing 737 Max 9 jetliners again since they were grounded after a panel blew out of the side of one of the airline's planes.

Alaska Airlines has begun flying Boeing Max 9 jetliners again and United flies plane on Saturday

Alaska Airlines ALK, -1.74% has begun flying Boeing 737 Max 9 jetliners again for the first time since they were grounded after a panel blew out of the side of one of the airline's planes.

Alaska Airlines has begun flying Boeing Max 9 jetliners again for the first time Friday

Jennifer Homendy of the National Transportation Safety Board says people get mad at her “all the time.”

The Outspoken Safety Chief Probing the Alaska Airlines Blowout

Alaska Airlines Earnings Soar Despite Boeing 737 MAX 9 Headwinds

Alaska Airlines will resume service of its Boeing 737 Max 9 fleet on Friday after the aircraft were grounded nationwide due to an issue with the door plug panel.

Alaska Airlines to resume first Boeing 737 Max 9 flight since grounding

Alaska Airlines on Friday said it has completed inspections on the first group of its Boeing 737 MAX 9 aircraft, clearing the carrier to put the MAX 9 back in service after an in-flight cabin blowout earlier this month.

Alaska Airlines completes inspections on first group of Boeing 737 MAX 9 aircraft

Alaska Air Group, Inc. (ALK) Q4 2023 Earnings Call Transcript

Alaska Airlines said Thursday that the grounding of its Boeing 737 Max 9 jetliners will reduce full-year profit by $150 million and slow down the airline's planned growth.

Alaska Airlines says the grounding of some Boeing planes will cost the airline $150 million

Alaska Air's (ALK) fourth-quarter 2023 revenues benefit from contributions from passenger revenues.

Alaska Air (ALK) Q4 Earnings & Revenues Surpass Estimates

Alaska Air Group (NYSE:ALK) expects its profits to take a $150 million hit from the grounding of Boeing Co (NYSE:BA, ETR:BCO)'s 737 Max 9 aircraft which was taken out of service after a January 5 incident which blew a hole in the side of an Alaska Airlines plane. The two-week grounding significantly impacted the airline which has 65 of these jets in its fleet.

Alaska Air Group sees $150M hit to profits from Boeing 737 Max 9 grounding

While the top- and bottom-line numbers for Alaska Air (ALK) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Alaska Air (ALK) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

The company posted upbeat results for the last three months of 2023 but said the start to 2024 had been challenging after a door plug blew off a Boeing-made plane.

Alaska Airlines Confronts Challenging Start to Year

Alaska said the first Max 9 flights would resume as early as Friday and that it would gradually return the aircraft to service through early February.

Alaska Airlines says Boeing 737 Max 9 grounding will cost it $150 million

Alaska Air Group Inc. ALK, -0.03%, which was at the heart of the issues surrounding the grounding of Boeing Co.'s BA, +1.24% 737 Max 9 planes, said Thursday it was “preparing to complete” the final inspections of all of those planes in its fleet. Regarding the Boeing 737-900ER model planes, which the Federal Aviation Administration said should also be “visually” inspected, Alaska Air said it has completed inspections of all those aircraft it has, “with only one minor finding which was immediately corrected.

Alaska Air found ‘one minor' issue following inspections of Boeing 737-900ER planes

Alaska Airlines said it will return its first few 737 Max 9 jets to service on Friday. United will also bring the Boeing plane back to service from Sunday.

United and Alaska Airlines will start flying the stricken Boeing 737 Max 9 again within days

Alaska Air says it has initiated a thorough review of Boeing's production quality and control systems after a panel blew off a plane this month.

Alaska Air Tops Profit Estimates. It's Taking a Hard Look at Boeing.

Alaska Air Group , the operator of the Boeing plane that suffered a mid-air incident earlier this month, said on Thursday that it swung to a fourth-quarter loss, from a year-ago profit, hurt by an increase in fuel and labor expenses.

Alaska Air posts Q4 loss on higher expenses

Announced agreement to acquire Hawaiian Airlines Achieved record annual operating revenue of $10.4 billion SEATTLE , Jan. 25, 2024 /PRNewswire/ -- Alaska Air Group Inc. (NYSE: ALK) today reported financial results for the fourth quarter and full year ended December 31, 2023. "Air Group's 2023 accomplishments were significant," said CEO Ben Minicucci.

Alaska Air Group reports fourth quarter and full year 2023 results

The National Transportation Safety Board (NTSB) will travel to Boeing's 737 factory in Renton, Washington, on Friday to examine documents related to the production of the Alaska Airlines 737 MAX 9 plane that suffered a mid-air cabin panel blowout.

NTSB to review production documents on Alaska Airlines 737 MAX 9

Boeing Co.'s shares moved higher Wednesday as its chief executive arrived in Washington, D.C., for meetings with U.S. lawmakers, but the company's bonds have not yet recovered from a recent wobble.

News for Alaska Air Group Stock (ALK)