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.

Allegiant Travel Company

Some major passenger carriers are being forced to trim their flying schedules due to the uptick in jet fuel prices, which have been driving by an increase in oil prices.

Airlines slash flights amid rising fuel, oil prices

Volatility in fuel prices, caused by Russia-Ukraine tensions and conflict in Europe, force Alaska Air (ALK) to raise fuel cost estimate for the first quarter.

Alaska Air (ALK) Ups Q1 Fuel Cost View Amid Russia-Ukraine War

PORTLAND, Ore., March 9, 2022 /PRNewswire/ -- Alaska Airlines and its regional partner Horizon Air are teaming up with Hillsboro Aero Academy, a premier flight school in the Pacific Northwest, to launch the Ascend Pilot Academy (APA).

Training the next generation of pilots: Alaska Airlines and Horizon Air launch Ascend Pilot Academy

Alaska Air Group Inc. ALK, -11.09% disclosed Tuesday that it raised it guidance for first-quarter economic fuel cost to $2.60 to $2.65 per gallon from $2.45 to $2.50 per gallon. The air carrier's stock, which has tumbled 17.0% over the past three days to close Monday at a 16-month low, was indicated up more than 3% in premarket trading.

Alaska Air boosts fuel cost estimate, moderates capacity outlook

American Airlines

Delta Air Lines

JetBlue Airways

Southwest Airlines

Spirit Airlines

United Continental Hlds

Oil prices will cause near-term issues. Is that a long-term opportunity?

Airline Stocks Are Plunging: Is Now the Right Time to Buy In?

Boeing

After building up a sizable order book for the 737-9, Alaska Airlines has added two other Boeing 737 MAX variants to its fleet plan.

Alaska Air Optimizes Its Boeing 737 MAX Fleet

SEATTLE, March 3, 2022 /PRNewswire/ -- Marking a new era at Seattle-Tacoma International Airport, Alaska Airlines joined with the Port of Seattle today to celebrate the completion of the new International Arrivals Facility (IAF) – a state-of-the-art, world-class facility for passengers arriving from around the globe on international flights into Seattle.   The IAF will accommodate the Puget Sound region's increasing demand for international air travel on Alaska, our fellow oneworld member airlines and our additional global airline partners.

Alaska Airlines and our oneworld partners celebrate arriving in style at our home airport

Alaska Air (ALK) subsidiary Alaska Airlines' modified Boeing order of bigger MAX 10s and longer-range MAX 8s is expected to maximize revenues by offering more seats and helping reduce unit costs.

Alaska Air (ALK) Subsidiary Modifies Boeing 737 MAX Order

SEATTLE, March 2, 2022 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., today announced it will webcast a fireside chat with CFO Shane Tackett at 8:40 a.m. EDT, March 8, 2022, from the Raymond James Institutional Investors Conference.

Alaska Air Group to participate in Raymond James 43rd Annual Institutional Investors Conference

SEATTLE, March 2, 2022 /PRNewswire/ -- Alaska Airlines announced plans today to broaden our mainline fleet by adjusting our current 737-9 aircraft order with Boeing to include the bigger 737-10 and longer-range 737-8, which are all part of the 737 MAX family of planes. These additional 737 models will enhance Alaska's ability to meet specific market requirements with optimal aircraft size and capability.

Putting our best fleet forward: Alaska Airlines recalibrates Boeing 737-9 order

Alaska Airlines has launched a subscription-based pass program that offers a fixed number of flights for a prescribed monthly fee, While some customers will save some money from this, the program is destined to fail because the people who will buy it would otherwise have paid them more.

Debunking The Alaska Airlines Flight Pass Subscription Plan

Alaska Air Group has long been one of the best-performing airlines, so it was no surprise to see it turn a profit in 2021 ahead of its peers. The company has been working to transform its fleet to a single aircraft type and will be accelerating lease returns and new deliveries in 2022.

Alaska Air Group: Shareholder Returns On The Horizon

Alaska Air Group on Wednesday (Feb. 16) rolled out Flight Pass, a new subscription service offering six, 12 or 24 round-trip flights for a fixed trip price, MarketWatch reported. Subscriptions will start at $49 per month.

Alaska Air Launches $49-Per-Month Flight Subscription Program

The standard Flight Pass plan, which requires booking at least 14 days before travel, starts at $49 per month. Meanwhile, the Flight Pass Pro plan, which allows same-day booking up to two hours before departure, starts at $199 per month.

Alaska Airlines launches subscription service for West Coast travel

Alaska Air Group Inc. ALK, +1.29% announced the launch of Flight Pass on Wednesday, a subscription service that offers 6, 12 or 24 round-trip flights for a fixed price. Subscriptions start at $49 per month.

Alaska Air launches flight subscription program that starts at $49 per month

SEATTLE, Feb. 16, 2022 /PRNewswire/ -- As the only major airline headquartered on the West Coast, Alaska Airlines is blazing a new path for travel with the debut of Flight Pass, an innovative, subscription-based travel offering that takes value and flexibility to the next level. Available starting today, Flight Pass members can fly up to 24 roundtrip flights a year to the most popular routes within California, as well as nonstop service from California airports to Reno, Phoenix and Las Vegas, for a fixed monthly rate.

Alaska Airlines launches first-ever flight subscription service in the US - say yes to more adventures with Flight Pass

Amazon

Alexandria Real Estate Equities

Constellation Energy Corp

Caesars Entertainment

Alphabet

IQVIA Hlds

Monolithic Power Systems

Microsoft

Signature Bank

Analysts are upbeat toward S&P 500 stocks for 2022, though some of the optimism has moderated following a volatile start to the year. Between talk of higher interest rates on the way to the wind-down of the "stay-at-home trade" that drove returns in 2021, investors have repositioned themselves for what could turn out to be a very different year on Wall Street.

The Pros' 10 Best S&P 500 Stocks to Buy Now

The shares of Alaska Air Group observed another round of sell-off after WHO declared the Omicron mutation as a variant of concern and investors became wary of a decline in air travel demand. However, the passenger numbers at TSA checkpoints regained strength as infection numbers quickly ticked.

Alaska Airlines Stock Supported By Strong Fundamentals

SEATTLE, Feb. 11, 2022 /PRNewswire/ -- Alaska Air Group's (AAG) Board of Directors announced today that Lead Independent Director Patricia Bedient will replace Brad Tilden as chair of the company's Board of Directors, effective May 5, 2022. Ms. Bedient will serve as independent non-executive chair, while Mr.

Alaska Air Group names Patricia Bedient board chair as Brad Tilden retires

SEATTLE, Feb. 9, 2022 /PRNewswire/ -- Alaska Airlines has targeted a significant, multi-million dollar renovation and expansion of our most popular Lounges with plans for all-new locations at both at Seattle and Portland airports in the coming years. The revitalization of two current Lounges – scheduled to get underway this spring – will eventually pave the way for completely new spaces in 2025-26.

More space to lounge? We're on it!

Last week, an Alaska Airlines executive walked slowly past about three dozen protesting pilots, stopping briefly to engage with each one,. To some, the effort was intimidating.

Alaska Airlines Exec Confronts Pilots As They Stand Silently On Picket Line

On Jan. 27, Alaska Air Group Inc. ( ALK , Financial) announced encouraging earnings results for its fourth quarter and full year ended Dec. 31, 2021. It also provided a solid outlook for 2022's first quarter, which ends March 31.

Alaska Air Undaunted by Omicron, Severe Weather

SEATTLE, Feb. 1, 2022 /PRNewswire/ -- Alaska Airlines has announced today a significant codeshare expansion with our European oneworld partner Finnair, the latest in a series of partnership expansions for Alaska since joining the global alliance in March 2021. Beginning now, Finnair passengers can book connecting flights through Seattle – our hometown airport – to more than 60 destinations throughout Alaska's network for travel beginning June 1, 2022.

Alaska Airlines expands Finnair codeshare agreement for deeper global reach

ACM Research

ARK Innovation ETF

CrowdStrike

Splunk

Taiwan Semiconductor Manufacturing

Twilio

Has fear caused the stock market to overdo this high-growth correction?

Is It Time To Buy High-Growth Stocks?

Alaska Air's return to profitability in the second half of 2021 bodes well for its earnings power a few years down the road.

News for Alaska Air Group Stock (ALK)