Market Summary
USD41.96+0.98
Market Closed2.39%
ALK Stock Price
ALK RSI Chart
ALK Valuation
ALK Price/Sales (Trailing)
ALK Profitability
ALK Fundamentals
ALK Revenue
ALK Earnings
Price Action
52 Week Range
37.2061.55
(Low)(High)
Last 7 days
10.0%
Last 30 days
-13.0%
Last 90 days
-2.3%
Trailing 12 Months
-27.7%
ALK Financial Health
ALK Investor Care
Peers (Alternatives to Alaska Air Group)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
FDX | 59.5B | 94.1B | 11.82% | -0.75% | 17.84 | 0.63 | 5.07% | -32.20% |
DAL | 24.5B | 50.6B | -9.32% | -11.75% | 298.7 | 0.53 | 69.18% | 370.71% |
LUV | 19.3B | 23.8B | -2.78% | -28.20% | 20.18 | 0.81 | 50.82% | -2.15% |
UAL | 14.5B | 45.0B | -15.54% | -4.55% | 19.63 | 0.32 | 82.49% | 137.53% |
AAL | 9.6B | 49.0B | -7.99% | -19.18% | 75.57 | 0.2 | 63.88% | 106.37% |
| MID-CAP | ||||||||
ALK | 5.4B | 9.6B | -12.98% | -27.67% | 92.26 | 0.55 | 56.19% | -87.87% |
AAWW | 2.9B | 4.5B | 0.24% | 22.01% | 8.22 | 0.64 | 12.86% | -27.86% |
JBLU | 2.4B | 9.2B | -11.76% | -51.30% | -6.58 | 0.26 | 51.67% | -98.90% |
| SMALL-CAP | ||||||||
SAVE | 1.9B | 5.1B | -4.04% | -20.21% | -3.38 | 0.37 | 56.88% | -17.26% |
ALGT | 1.7B | 2.3B | -10.85% | -43.36% | 664.63 | 0.72 | 34.77% | -98.36% |
ATSG | 1.5B | 2.0B | -0.95% | -37.73% | 7.59 | 0.74 | 17.94% | -14.19% |
SKYW | 1.1B | 3.0B | 14.99% | -23.15% | 15.37 | 0.37 | 10.74% | -34.81% |
HA | 471.3M | 2.6B | -16.35% | -53.50% | -1.96 | 0.18 | 65.43% | -65.83% |
MESA | 86.2M | 530.4M | -24.52% | -46.14% | -0.49 | 0.16 | 5.88% | -1403.68% |
AIRT | 70.7M | 224.4M | -1.03% | 10.11% | -28.11 | 0.32 | 30.18% | -139.59% |
Financials for Alaska Air Group
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 6.4% | 9,646 | 9,066 | 8,191 | 7,060 | 6,176 |
| Operating Expenses | 6.6% | 9,576 | 8,980 | 7,909 | 6,416 | 5,491 |
| S&GA Expenses | 10.1% | 295 | 268 | 235 | 198 | 173 |
| EBITDA | 3.3% | 602 | 583 | 760 | 1,089 | - |
| EBITDA Margin | -2.9% | 0.06* | 0.06* | 0.09* | 0.16* | - |
| Earnings Before Taxes | 8.2% | 79.00 | 73.00 | 253 | 596 | 629 |
| EBT Margin | 1.7% | 0.01* | 0.01* | 0.03* | 0.09* | - |
| Interest Expenses | 8.0% | 108 | 100 | 102 | 113 | 128 |
| Net Income | 7.4% | 58.00 | 54.00 | 208 | 466 | 478 |
| Net Income Margin | 1.0% | 0.01* | 0.01* | 0.03* | 0.07* | - |
| Free Cahsflow | -151.7% | -253 | 489 | 436 | 597 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -2.4% | 14,186 | 14,531 | 14,800 | 14,210 | 13,951 |
| Current Assets | -20.2% | 3,040 | 3,810 | 4,232 | 3,974 | 3,920 |
| Cash Equivalents | -50.9% | 338 | 688 | 778 | 628 | 470 |
| Inventory | 10.6% | 104 | 94.00 | 93.00 | 78.00 | 62.00 |
| Net PPE | 9.1% | 7,257 | 6,654 | 6,471 | 6,242 | 6,138 |
| Goodwill | -0.1% | 2,038 | 2,040 | 2,041 | 2,042 | 2,044 |
| Current Liabilities | -4.6% | 4,493 | 4,709 | 4,902 | 4,570 | 3,991 |
| LT Debt, Current | 17.1% | 342 | 292 | 366 | - | - |
| LT Debt, Non Current | -0.3% | 1,883 | 1,889 | 1,961 | 2,078 | 2,173 |
| Shareholder's Equity | -0.3% | 3,816 | 3,826 | 3,799 | 3,637 | 3,801 |
| Retained Earnings | 0.5% | 4,300 | 4,278 | 4,238 | 4,099 | 4,242 |
| Additional Paid-In Capital | 5.1% | 577 | 549 | 542 | 503 | 494 |
| Accumulated Depreciation | 2.0% | 4,127 | 4,046 | 3,922 | 3,814 | 3,862 |
| Shares Outstanding | 0.6% | 128 | 127 | 127 | 126 | 126 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -7.8% | 1,418 | 1,538 | 1,258 | 1,150 | 1,030 |
| Share Based Compensation | -14.3% | 42.00 | 49.00 | 47.00 | 44.00 | 51.00 |
| Cashflow From Investing | -27.8% | -1,218 | -953 | -659 | -426 | -1,008 |
| Cashflow From Financing | 15.6% | -325 | -385 | -839 | -1,164 | -914 |
| Dividend Payments | NaN% | 0.00 | 0.00 | - | - | - |
| Buy Backs | NaN% | 0.00 | 0.00 | - | - | - |
Risks for ALK
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.
Drawdowns
Returns for ALK
Cumulative Returns on ALK
4.7%
10-Year Cumulative Returns
-8.2%
7-Year Cumulative Returns
-6.7%
5-Year Cumulative Returns
13.8%
3-Year Cumulative Returns
What are the long-term rolling returns for ALK?
FIve years rolling returns for Alaska Air Group.
Annualized Returns
Which funds bought or sold ALK recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-24 | Freemont Management S.A. | unchanged | - | 355,772 | 4,027,770 | 0.63% |
2023-03-23 | ETF MANAGERS GROUP, LLC | sold off | -100 | -561,000 | - | -% |
2023-03-23 | MetLife Investment Management, LLC | reduced | -1.56 | 104,729 | 1,419,420 | 0.01% |
2023-03-17 | American Portfolios Advisors | added | 46.15 | 19,864 | 66,213 | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 7.53 | 45,422,300 | 298,678,000 | 0.33% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -6.93 | 19,000 | 895,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 5.04 | 255,771 | 1,939,770 | -% |
2023-02-27 | Parallax Volatility Advisers, L.P. | reduced | -5.11 | 7,825 | 197,825 | -% |
2023-02-24 | Garde Capital, Inc. | added | 3.08 | 135,000 | 1,172,000 | 0.14% |
2023-02-24 | NATIXIS | sold off | -100 | -1,398,000 | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Alaska Air Group News
Schedule 13G FIlings of Alaska Air Group
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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 | |
| Feb 10, 2021 | vanguard group inc | 10.22% | 12,641,851 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 7.5% | 9,247,416 | SC 13G/A | |
| Feb 14, 2020 | price t rowe associates inc /md/ | 7.1% | 8,856,905 | SC 13G/A |
ALK Fair Value
Alaska Air Group fair value in different scenarios
The table shows the Fair Value estimates for Alaska Air Group for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 43.85 4.50% | 54.17 29.10% | 100.90 140.47% | 135.06 221.88% | 165.47 294.35% |
| Current Inflation | 40.86 -2.62% | 49.89 18.90% | 90.22 115.01% | 119.19 184.06% | 144.88 245.28% |
| Very High Inflation | 37.09 -11.61% | 44.59 6.27% | 77.46 84.60% | 100.53 139.59% | 120.89 188.11% |
Historical Alaska Air Group Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Alaska Air Group
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 31, 2023 | ARS | ARS | |
| Mar 24, 2023 | DEF 14A | DEF 14A | |
| Mar 24, 2023 | DEFA14A | DEFA14A | |
| Mar 14, 2023 | 8-K | Current Report | |
| Mar 13, 2023 | 4 | Insider Trading | |
| Mar 07, 2023 | 4 | Insider Trading | |
| Mar 07, 2023 | 4 | Insider Trading | |
| Feb 28, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for ALK
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-09 | THOMPSON J KENNETH | gifted | - | - | -2,500 | - |
2023-03-09 | THOMPSON J KENNETH | sold | -170,017 | 48.5762 | -3,500 | - |
2023-03-06 | HALVERSON EMILY | acquired | - | - | 264 | vp fin and controller |
2023-03-06 | HALVERSON EMILY | sold (taxes) | -3,113 | 47.9 | -65.00 | vp fin and controller |
2023-02-25 | HALVERSON EMILY | sold (taxes) | -4,635 | 47.3 | -98.00 | vp fin and controller |
2023-02-25 | HALVERSON EMILY | acquired | - | - | 400 | vp fin and controller |
2023-02-13 | HARRISON ANDREW R | acquired | - | - | 5,255 | evp and cco |
2023-02-13 | TACKETT SHANE R | acquired | - | - | 5,255 | evp and cfo |
2023-02-13 | SPRAGUE JOSEPH A | sold (taxes) | -5,166 | 50.16 | -103 | president, horizon air |
2023-02-13 | SPRAGUE JOSEPH A | acquired | - | - | 420 | president, horizon air |
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
2022-09-30CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions | 3 Months Ended | 9 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 benefits | 686 | 578 | 1,931 | 1,581 |
| Variable incentive pay | 48 | 42 | 140 | 109 |
| PSPGrantRecognized | 0 | 0 | 0 | (914) |
| Aircraft fuel, including hedging gains and losses | 877 | 376 | 2,000 | 853 |
| Aircraft maintenance | 92 | 89 | 331 | 272 |
| Aircraft rent | 76 | 64 | 222 | 188 |
| Landing fees and other rentals | 161 | 141 | 435 | 414 |
| Contracted services | 83 | 62 | 243 | 167 |
| Selling expenses | 82 | 49 | 218 | 123 |
| Depreciation and amortization | 104 | 99 | 310 | 294 |
| Food and beverage service | 52 | 39 | 143 | 97 |
| Third-party regional carrier expense | 53 | 39 | 145 | 106 |
| Other | 207 | 126 | 536 | 348 |
| Special items - Impairment charges and other | 155 | (9) | 376 | 5 |
| Special items - labor ratification bonus | 90 | 0 | 90 | 0 |
| Restructuring Charges | 0 | 0 | 0 | (12) |
| Operating Expenses | 2,766 | 1,695 | 7,120 | 3,631 |
| Costs and Expenses, Total | 2,766 | 1,695 | 7,120 | 3,631 |
| Operating Income (Loss) | 62 | 258 | 47 | 646 |
| Nonoperating Income (Expense) | ||||
| Interest income | 17 | 6 | 35 | 19 |
| Interest expense | (31) | (30) | (84) | (101) |
| Interest capitalized | 3 | 3 | 8 | 9 |
| Other—net | 14 | 8 | 38 | 27 |
| Nonoperating Income (Expense) Total | 3 | (13) | (3) | (46) |
| Income (Loss) Before Income Tax | 65 | 245 | 44 | 600 |
| Income tax (benefit) expense | 25 | 51 | 8 | 140 |
| 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) | 126,783,000 | 125,250,000 | 126,440,000 | 124,846,000 |
| Diluted shares (shares) | 128,370,000 | 127,188,000 | 128,087,000.000 | 126,325,000 |
| 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 Tax | 146 | 120 | 433 | 332 |
| Cargo and Freight [Member] | ||||
| Operating Revenues | ||||
| Revenue from Contract with Customer, Excluding Assessed Tax | 67 | 59 | 190 | 160 |
| Passenger Revenue [Member] | ||||
| Operating Revenues | ||||
| Revenue from Contract with Customer, Excluding Assessed Tax | 2,615 | 1,774 | 6,544 | 3,785 |
| Passenger Revenue [Member] | Passenger [Member] | ||||
| Operating Revenues | ||||
| Revenue from Contract with Customer, Excluding Assessed Tax | 2,615 | 1,774 | 6,544 | 3,785 |
| Mileage Plan Revenue [Member] | ||||
| Operating Revenues | ||||
| Revenue from Contract with Customer, Excluding Assessed Tax | 382 | 310 | 1,104 | 760 |
| Mileage Plan Revenue [Member] | Mileage plan other revenue [Member] | ||||
| Operating Revenues | ||||
| Revenue from Contract with Customer, Excluding Assessed Tax | 146 | 120 | 433 | 332 |
| Cargo and Other Revenue [Member] | ||||
| Operating Revenues | ||||
| Revenue from Contract with Customer, Excluding Assessed Tax | 67 | 59 | 190 | 160 |
| 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
2022-09-30CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Sep. 30, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current Assets | ||
| Cash and cash equivalents | $ 688 | $ 470 |
| Marketable securities | 2,462 | 2,646 |
| Total cash and marketable securities | 3,150 | 3,116 |
| Receivables - net | 345 | 546 |
| Inventories and supplies - net | 94 | 62 |
| Prepaid expenses, assets held-for-sale, and other current assets | 221 | 196 |
| Total Current Assets | 3,810 | 3,920 |
| Property and Equipment | ||
| Aircraft and other flight equipment | 8,811 | 8,127 |
| Other property and equipment | 1,589 | 1,489 |
| Deposits for future flight equipment | 300 | 384 |
| Property and Equipment Total | 10,700 | 10,000 |
| Less accumulated depreciation and amortization | 4,046 | 3,862 |
| Total Property and Equipment - Net | 6,654 | 6,138 |
| Operating Lease, Right-of-Use Asset | 1,605 | 1,453 |
| Goodwill | 2,040 | 2,044 |
| Other noncurrent assets | 422 | 396 |
| Other Assets | 4,067 | 3,893 |
| Total Assets | 14,531 | 13,951 |
| Current Liabilities | ||
| Accounts payable | 202 | 200 |
| Accrued wages, vacation and payroll taxes | 583 | 457 |
| Other accrued liabilities | 805 | 625 |
| Operating Lease, Liability, Current | 263 | 268 |
| Current portion of long-term debt | 321 | 366 |
| Total Current Liabilities | 4,709 | 3,991 |
| Long-Term Debt, Net of Current Portion | 1,889 | 2,173 |
| Noncurrent Liabilities | ||
| Operating Lease, Liability, Noncurrent | 1,482 | 1,279 |
| Deferred Income Tax Liabilities, Net | 571 | 578 |
| Deferred revenue, noncurrent | 1,413 | 1,446 |
| Obligation for pension and postretirement medical benefits | 296 | 305 |
| Other liabilities | 345 | 378 |
| Other Liabilities and Credits Totals | 4,107 | 3,986 |
| Commitments and Contingencies | ||
| Shareholders' Equity | ||
| Preferred stock, $0.01 par value, Authorized: 5,000,000 shares, none issued or outstanding | 0 | 0 |
| 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 shares | 1 | 1 |
| Capital in excess of par value | 549 | 494 |
| Treasury stock (common), at cost: 2020 - 9,349,944 shares; 2020 - 9,349,944 shares | (674) | (674) |
| Accumulated other comprehensive loss | (328) | (262) |
| Retained earnings | 4,278 | 4,242 |
| Total Shareholders' Equity | 3,826 | 3,801 |
| Total Liabilities and Shareholders' Equity | 14,531 | 13,951 |
| Mileage Plan Revenue [Member] | ||
| Current Liabilities | ||
| Contract with Customer, Liability, Current | 1,068 | 912 |
| Contract with Customer, Liability, Current | 1,068 | 912 |
| Passenger Revenue [Member] | ||
| Current Liabilities | ||
| Contract with Customer, Liability, Current | 1,467 | 1,163 |
| Contract with Customer, Liability, Current | $ 1,467 | $ 1,163 |