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ALK

47.41USD-0.03(-0.06%)Market Closed

Alaska Air Group Inc

Market Summary

USD47.41-0.03Market Closed
-0.06%

ALK Alerts

ALK Stock Price

RSI Chart

Valuation

Market Cap

5.6B

Price/Earnings

27.08

Price/Sales

0.67

Price/Cashflow

4.48

MarketCap/EBT

22.26

Price/Sales

Profitability

EBT Margin

3.02%

Return on Equity

5.48%

Return on Assets

1.41%

Fundamentals

Revenue

Revenue (TTM)

8.4B

Revenue Y/Y

74.07%

Revenue Q/Q

58.12%

Earnings

Earnings (TTM)

208.0M

Earnings Y/Y

-64.99%

Earnings Q/Q

197.2%

Price Action

52 Week Range

38.1961.55
(Low)(High)

Last 7 days

-0.4%

Last 30 days

7.2%

Last 90 days

7.1%

Trailing 12 Months

-5.7%

Financial Health

Current Ratio

0.86

Debt/Equity

0.61

Debt/Cashflow

0.55

Investor Care

Dividend Yield

0.79%

Shares Dilution (1Y)

1.22%

Diluted EPS (TTM)

1.97

Peers (Alternatives to Alaska Air Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
41.7B
94.8B
17.37% -22.01%
11.63
0.44
9.36% -29.60%
22.2B
41.8B
11.38% -2.54%
37.11
0.53
128.26% 109.00%
21.5B
22.7B
8.90% -12.33%
21.58
1.02
77.96% 41250.00%
14.3B
40.7B
6.76% 5.40%
-19.01
0.35
105.23% 76.61%
MID-CAP
9.1B
45.2B
2.87% -19.80%
-5.66
0.2
84.67% 50.37%
5.6B
8.4B
7.21% -5.69%
27.08
0.67
108.00% 133.99%
2.9B
4.4B
-0.69% 16.03%
6.13
0.65
22.32% 2.41%
2.5B
8.6B
2.72% -42.67%
-5.69
0.31
76.30% -20.89%
2.4B
4.7B
-0.75% -2.79%
-6.34
0.5
70.14% 31.71%
2.1B
2.0B
0.11% 6.12%
10.01
1.1
20.80% 5.98%
SMALL-CAP
1.3B
2.1B
13.40% -54.10%
28.58
0.64
73.99% 5.74%
894.9M
3.1B
5.10% -54.60%
10.44
0.29
22.76% 103.49%
734.8M
2.4B
-0.79% -26.79%
-3.09
0.34
92.16% -21.73%
60.5M
208.4M
14.33% -7.42%
10.8
0.32
14.05% -132.82%
52.6M
536.1M
-7.30% -82.11%
-0.71
0.1
11.50% -310.21%

Financials for Alaska Air Group

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q32021Q22021Q1
Revenue21.9%8,3896,8815,7034,0332,559
Operating Expenses52.2%8,7085,7223,8723,832
  S&GA Expenses25.0%24719716413181
Earnings Before Taxes-57.6%253596-43.00-877.00
Net Income-55.4%20846613-612.00
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets4.2%14,80014,21013,95113,88214,656
  Current Assets6.5%4,2323,9743,9204,0014,771
    Cash Equivalents23.9%7786284704951,025
  Inventory19.2%9378626252
  Net PPE3.7%6,4716,2426,1386,1206,128
  Goodwill0.0%2,0412,0422,0441,9431,943
  Current Liabilities7.3%4,9024,5703,9914,0244,846
  Long Term Debt-2.8%2,3032,3702,5392,6503,188
    LT Debt, Current17.1%342292366425869
    LT Debt, Non Current-5.6%1,9612,0782,1732,2252,319
Shareholder's Equity4.5%3,7993,6373,8013,5313,324
  Retained Earnings3.4%4,2384,0994,2424,2244,030
  Additional Paid-In Capital7.8%542503494462454
Accumulated Depreciation2.8%3,9223,8143,8623,7803,703
Shares Outstanding0.5%127126126125125
Float-7,500----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations9.4%1,2581,1501,030551452
  Share Based Compensation6.8%4744514541
Cashflow From Investing-54.7%-659.00-426.00-1,008.00-769.00-1,539.00
Cashflow From Financing27.9%-839.00-1,164.00-914.00-1,130.00609
  Dividend PaymentsNaN%000
  Buy BacksNaN%000
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on ALK?

83.8%


Probability that Alaska Air Group stock will be more than 20% underwater in next one year

52.7%


Probability that Alaska Air Group stock will be more than 30% underwater in next one year.

19.6%


Probability that Alaska Air Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ALK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Alaska Air Group was unfortunately bought at previous high price.

Returns

Cumulative Returns on ALK

9.4%


10-Year Cumulative Returns

-7.1%


7-Year Cumulative Returns

-6.0%


5-Year Cumulative Returns

-11%


3-Year Cumulative Returns

What are the long-term rolling returns for ALK?

FIve years rolling returns for Alaska Air Group.

Which funds bought or sold ALK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
ADDED
207.17
19,495
29,000
0.02%
2022-11-23
Toroso Investments, LLC
SOLD OFF
-100
-205,000
-
-%
2022-11-23
Gould Capital, LLC
UNCHANGED
-
-1,000
23,000
0.02%
2022-11-22
CONTINENTAL INVESTORS SERVICES, INC.
NEW
-
1,046,000
1,046,000
0.04%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-2,000
73,000
0.02%
2022-11-22
Coombe, Bender & Co LLC
ADDED
0.4
-41,000
2,201,000
1.96%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
431,000
431,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-6.89
-310,000
3,146,000
-%
2022-11-21
FourThought Financial, LLC
SOLD OFF
-100
-3,000
-
-%
2022-11-21
Parallax Volatility Advisers, L.P.
REDUCED
-55.88
-251,000
190,000
-%

1–10 of 43

Latest Funds Activity

Are funds buying ALK calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own ALK

Alaska Air Group News

Investing.com

2023 seen as 'Goldilocks' year for airlines, United Airlines upgraded - MS By Investing.com.63 minutes ago

ALK Fair Value

Recent SEC filings of Alaska Air Group

View All Filings
Date Filed Form Type Document
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 03, 2022
10-Q
Quarterly Report
Oct 31, 2022
4
Insider Trading

Latest Insider Trading transactions for ALK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-07
SPRAGUE JOSEPH A
ACQUIRED
-
-
1,131
PRESIDENT, HORIZON AIR
2022-11-07
SPRAGUE JOSEPH A
SOLD FOR TAXES
-12,431
45.04
-276
PRESIDENT, HORIZON AIR
2022-11-05
SPRAGUE JOSEPH A
SOLD FOR TAXES
-10,811.3
44.86
-241
PRESIDENT, HORIZON AIR
2022-11-05
HARRISON ANDREW R
SOLD FOR TAXES
-58,048.8
44.86
-1,294
EVP AND CCO
2022-11-05
MINICUCCI BENITO
SOLD FOR TAXES
-156,651
44.86
-3,492
CEO AND PRESIDENT
2022-11-05
VON MUEHLEN CONSTANCE E
ACQUIRED
-
-
987
EVP AND COO
2022-11-05
MINICUCCI BENITO
ACQUIRED
-
-
8,872
CEO AND PRESIDENT
2022-11-05
TACKETT SHANE R
SOLD FOR TAXES
-58,048.8
44.86
-1,294
EVP AND CFO
2022-11-05
LEVINE KYLE B
SOLD FOR TAXES
-10,811.3
44.86
-241
SVP LEGAL & GEN COUNSEL
2022-11-05
SCHNEIDER ANDREA L
ACQUIRED
-
-
987
SVP PEOPLE

1–10 of 50

Benito Minicucci
22800
Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It flies to approximately 120 destinations throughout North America. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.

ALK Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax$ 2,828$ 1,953$ 7,167$ 4,277
Operating Expenses    
Wages and benefits6865781,9311,581
Variable incentive pay4842140109
PSPGrantRecognized000(914)
Aircraft fuel, including hedging gains and losses8773762,000853
Aircraft maintenance9289331272
Aircraft rent7664222188
Landing fees and other rentals161141435414
Contracted services8362243167
Selling expenses8249218123
Depreciation and amortization10499310294
Food and beverage service523914397
Third-party regional carrier expense5339145106
Other207126536348
Special items - Impairment charges and other155(9)3765
Special items - labor ratification bonus900900
Restructuring Charges000(12)
Operating Expenses2,7661,6957,1203,631
Costs and Expenses, Total2,7661,6957,1203,631
Operating Income (Loss)6225847646
Nonoperating Income (Expense)    
Interest income1763519
Interest expense(31)(30)(84)(101)
Interest capitalized3389
Other—net1483827
Nonoperating Income (Expense) Total3(13)(3)(46)
Income (Loss) Before Income Tax6524544600
Income tax (benefit) expense25518140
Net Income (Loss)$ 40$ 194$ 36$ 460
Basic Earnings Per Share (usd per share)$ 0.32$ 1.55$ 0.28$ 3.69
Diluted Earnings Per Share (usd per share)$ 0.31$ 1.53$ 0.28$ 3.64
Shares used for computation:    
Basic shares (shares)126,783,000125,250,000126,440,000124,846,000
Diluted shares (shares)128,370,000127,188,000128,087,000.000126,325,000
Passenger [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax$ 2,615$ 1,774$ 6,544$ 3,785
Mileage plan other revenue [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax146120433332
Cargo and Freight [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax6759190160
Passenger Revenue [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax2,6151,7746,5443,785
Passenger Revenue [Member] | Passenger [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax2,6151,7746,5443,785
Mileage Plan Revenue [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax3823101,104760
Mileage Plan Revenue [Member] | Mileage plan other revenue [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax146120433332
Cargo and Other Revenue [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax6759190160
Cargo and Other Revenue [Member] | Cargo and Freight [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax$ 67$ 59$ 190$ 160

ALK Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets  
Cash and cash equivalents$ 688$ 470
Marketable securities2,4622,646
Total cash and marketable securities3,1503,116
Receivables - net345546
Inventories and supplies - net9462
Prepaid expenses, assets held-for-sale, and other current assets221196
Total Current Assets3,8103,920
Property and Equipment  
Aircraft and other flight equipment8,8118,127
Other property and equipment1,5891,489
Deposits for future flight equipment300384
Property and Equipment Total10,70010,000
Less accumulated depreciation and amortization4,0463,862
Total Property and Equipment - Net6,6546,138
Operating Lease, Right-of-Use Asset1,6051,453
Goodwill2,0402,044
Other noncurrent assets422396
Other Assets4,0673,893
Total Assets14,53113,951
Current Liabilities  
Accounts payable202200
Accrued wages, vacation and payroll taxes583457
Other accrued liabilities805625
Operating Lease, Liability, Current263268
Current portion of long-term debt321366
Total Current Liabilities4,7093,991
Long-Term Debt, Net of Current Portion1,8892,173
Noncurrent Liabilities  
Operating Lease, Liability, Noncurrent1,4821,279
Deferred Income Tax Liabilities, Net571578
Deferred revenue, noncurrent1,4131,446
Obligation for pension and postretirement medical benefits296305
Other liabilities345378
Other Liabilities and Credits Totals4,1073,986
Commitments and Contingencies
Shareholders' Equity  
Preferred stock, $0.01 par value, Authorized: 5,000,000 shares, none issued or outstanding00
Common stock, $0.01 par value, Authorized: 400,000,000 shares, Issued: 2021 - 133,792,045 shares; 2020 - 133,567,534 shares, Outstanding: 2021 - 124,442,101 shares; 2020 - 124,217,590 shares11
Capital in excess of par value549494
Treasury stock (common), at cost: 2020 - 9,349,944 shares; 2020 - 9,349,944 shares(674)(674)
Accumulated other comprehensive loss(328)(262)
Retained earnings4,2784,242
Total Shareholders' Equity3,8263,801
Total Liabilities and Shareholders' Equity14,53113,951
Mileage Plan Revenue [Member]  
Current Liabilities  
Contract with Customer, Liability, Current1,068912
Contract with Customer, Liability, Current1,068912
Passenger Revenue [Member]  
Current Liabilities  
Contract with Customer, Liability, Current1,4671,163
Contract with Customer, Liability, Current$ 1,467$ 1,163