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Alaska Air Group Inc Stock Research

ALK

35.80USD-1.03(-2.80%)Market Closed
Watchlist

Market Summary

USD35.80-1.03
Market Closed
-2.80%

ALK Alerts

  • Big jump in Earnings (Y/Y)

ALK Stock Price

ALK RSI Chart

ALK Valuation

Market Cap

4.6B

Price/Earnings (Trailing)

28.49

Price/Sales (Trailing)

0.44

EV/EBITDA

5.25

Price/Free Cashflow

-6.93

ALK Price/Sales (Trailing)

ALK Profitability

EBT Margin

0.85%

Return on Equity

1.6%

Return on Assets

0.41%

Free Cashflow Yield

-14.43%

ALK Fundamentals

ALK Revenue

Revenue (TTM)

10.3B

Revenue Y/Y

6.77%

Revenue Q/Q

29.23%

ALK Earnings

Earnings (TTM)

160.0M

Earnings Y/Y

72.66%

Earnings Q/Q

269.01%

Price Action

52 Week Range

35.5857.18
(Low)(High)

Last 7 days

-1.4%

Last 30 days

-11.8%

Last 90 days

-30.8%

Trailing 12 Months

-5.9%

ALK Financial Health

Current Ratio

0.64

ALK Investor Care

Shares Dilution (1Y)

0.64%

Diluted EPS (TTM)

1.23

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for ALK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-06-08
MINICUCCI BENITO
sold
-243,659
48.7318
-5,000
ceo and president
2023-05-04
Hogan Kathleen T
acquired
-
-
2,851
-
2023-05-04
LOFTON ADRIENNE ROCHELLE
acquired
-
-
2,851
-
2023-05-04
Bedient Patricia M
acquired
-
-
2,851
-
2023-05-04
SANDVIK HELVI KAY
acquired
-
-
2,851
-
2023-05-04
Conner Raymond L.
acquired
-
-
2,851
-
2023-05-04
Fonseca Dhiren R.
acquired
-
-
2,851
-
2023-05-04
ELWELL DANIEL KEVIN
acquired
-
-
2,851
-
2023-05-04
BEER JAMES A
acquired
-
-
2,851
-
2023-05-04
THOMPSON J KENNETH
acquired
-
-
2,851
-

1–10 of 50

Which funds bought or sold ALK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
M Holdings Securities, Inc.
sold off
-100
-373,000
-
-%
2023-09-20
BARCLAYS PLC
added
61.93
5,934,000
11,574,000
0.01%
2023-09-14
IMS Capital Management
sold off
-100
-1,039,770
-
-%
2023-09-12
Farther Finance Advisors, LLC
added
5.29
7,957
31,748
0.01%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
added
448
36,972
43,182
0.01%
2023-09-07
JAG CAPITAL MANAGEMENT, LLC
added
1.73
392,316
1,748,500
0.20%
2023-08-29
Garde Capital, Inc.
reduced
-44.77
-336,000
782,000
0.06%
2023-08-25
Gould Capital, LLC
added
16.67
12,050
37,226
0.03%
2023-08-24
Alberta Investment Management Corp
sold off
-100
-394,016
-
-%
2023-08-23
WOLVERINE TRADING, LLC
reduced
-0.56
237,969
1,122,970
-%

1–10 of 48

Latest Funds Activity

Are funds buying ALK calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ALK
No. of Funds

Schedule 13G FIlings of Alaska Air Group

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

Recent SEC filings of Alaska Air Group

View All Filings
Date Filed Form Type Document
Sep 06, 2023
8-K
Current Report
Aug 04, 2023
S-3ASR
S-3ASR
Aug 04, 2023
8-K
Current Report
Aug 04, 2023
424B7
Prospectus Filed
Aug 04, 2023
424B7
Prospectus Filed
Aug 04, 2023
424B7
Prospectus Filed
Aug 04, 2023
424B7
Prospectus Filed
Aug 02, 2023
10-Q
Quarterly Report
Jul 25, 2023
8-K
Current Report

ALK Fair Value

Loading...

Peers (Alternatives to Alaska Air Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
59.7B
88.6B
1.59% 78.56%
17.9
0.63
-6.50% 16.33%
24.5B
55.7B
-14.96% 29.90%
298.7
0.53
33.38% 398.83%
16.0B
25.1B
-13.46% -10.91%
36.76
0.63
18.83% -71.05%
13.3B
50.9B
-16.29% 27.94%
4.99
0.26
42.85% 318.35%
8.0B
52.9B
-13.15% 5.90%
3.05
0.15
29.91% 237.04%
MID-CAP
4.6B
10.3B
-11.85% -5.93%
28.49
0.44
26.25% -23.08%
2.9B
4.5B
0.24% 22.01%
8.22
0.64
12.86% -27.86%
1.5B
9.9B
-21.75% -30.02%
55.62
0.15
24.14% 106.11%
SMALL-CAP
2.0B
5.5B
-0.55% -11.38%
-4.4
0.37
29.98% -29.36%
1.8B
2.9B
-7.08% 153.63%
-327.47
0.61
-5.50% -106.28%
1.5B
2.1B
-3.79% -13.66%
9.66
0.71
7.02% -29.07%
1.3B
2.5B
-15.37% 3.75%
8.68
0.52
20.09% 224.40%
284.5M
2.8B
-30.66% -55.97%
-1.67
0.1
28.49% 34.24%
63.4M
267.9M
7.39% 35.81%
-5.56
0.24
40.28% -223.76%
34.5M
509.3M
-38.36% -47.70%
-0.17
0.07
-5.00% -178.26%

Alaska Air Group News

Morningstar
These 10 stocks in the S&P 500 are expected to -2-.
Morningstar,
10 hours ago
Zacks Investment Research

Returns for ALK

Cumulative Returns on ALK

2.4%


10-Year Cumulative Returns

-7.3%


7-Year Cumulative Returns

-10.6%


5-Year Cumulative Returns

-0.6%


3-Year Cumulative Returns

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

48.9%


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

Financials for Alaska Air Group

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue1.8%10,34110,1619,6469,0668,1917,0606,1765,0853,8332,7273,5664,9866,6748,5418,7818,6178,4408,3088,2648,1428,040
Operating Expenses0.3%10,10510,0759,5768,9807,9096,4165,4914,8413,8723,8325,341---7,7187,7607,7087,6697,6217,4087,176
  S&GA Expenses1.0%30630329526823519817314111679.00101160213296313317319320326336349
EBITDA-100.0%-6086025837601,0891,132463-391-1,196-1,370-4725391,1831,517------
EBITDA Margin-100.0%-0.06*0.06*0.06*0.09*0.16*0.20*0.08*-0.10*-0.47*-0.27*-0.09*0.08*0.14*0.17*------
Interest Expenses9.5%11510510810010211312816013413998.0068.0073.0077.0078.0076.0080.0085.0091.0097.00101
Earnings Before Taxes162.8%22686.0079.0073.00253596629-43.00-877-1,696-1,840-95451.006931,016809677585585675808
EBT Margin-100.0%-0.01*0.01*0.01*0.03*0.09*0.11*-0.01*-0.22*-0.66*-0.37*-0.19*0.01*0.08*0.12*------
Net Income171.2%16059.0058.0054.0020846647813.00-612-1,223-1,324-69657.00533769611506437437729771
Net Income Margin-100.0%-0.01*0.01*0.01*0.03*0.07*0.08*0.00*-0.15*-0.48*-0.27*-0.14*0.01*0.06*0.09*------
Free Cashflow100.0%--154-253489436597738343296-214-44084.004795871,026------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets3.7%14,82914,29614,18614,53114,80014,21013,95113,88214,65614,26214,04614,74913,99813,36312,99312,98312,95112,64010,91210,89311,055
  Current Assets4.7%3,2443,0993,0403,8104,2323,9743,9204,0014,7714,2844,0064,4653,2442,5722,0372,2022,2182,0011,7872,0562,216
    Cash Equivalents3.9%5365163386887786284944951,0251,0761,3701,8551,509811232237244215114174174
  Inventory1.9%10710510494.0093.0078.0062.0062.0052.0057.0057.0057.0056.0068.0072.0063.0055.0058.0060.0057.0057.00
  Net PPE9.8%7,9637,2527,2576,6546,4716,2426,1386,1206,1286,1446,2116,3816,7956,8546,9026,8346,7446,6296,7816,4956,493
  Goodwill0.0%2,0362,0372,0382,0402,0412,0422,0441,9431,9431,9432,0501,9431,9431,9431,9431,9431,9431,9431,9431,9431,943
  Current Liabilities6.6%5,1764,8574,4934,7094,9024,5703,9914,0244,8464,7624,2934,2074,1203,7303,2013,3463,5343,3862,9422,8883,036
  Long Term Debt------------2,6721,5491,2031,264------
    LT Debt, Non Current5.2%1,8891,7951,8831,8891,9612,0782,1732,2252,3192,3252,357---1,2641,4441,5381,6641,6171,6841,998
Shareholder's Equity7.1%3,9513,6893,8163,8263,7993,6373,8013,5313,3242,8752,9883,4543,8614,0154,3314,2523,9733,7463,7513,7913,593
  Retained Earnings5.8%4,3984,1584,3004,2784,2384,0994,2424,2244,0303,6333,7644,2114,6424,8565,1334,9964,7174,4984,5344,5504,373
  Additional Paid-In Capital10.4%648587577549542503494462454409391366350314305297270261232224198
Accumulated Depreciation1.0%4,2194,1784,1274,0463,9223,8143,8623,7803,7033,6163,5313,4603,4343,3073,4863,3933,3073,2333,2423,1673,091
Shares Outstanding0.1%127127128127127126126125125124124124123123123123123123123123123
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-25.0%1,0151,3531,4181,5381,2581,1501,030551452-100-2344571,0101,2871,7221,5901,5021,3571,1951,2191,232
  Share Based Compensation30.0%78.0060.0042.0049.0047.0044.0051.0045.0041.0027.0024.0023.0020.0027.0029.0033.0046.0050.0047.0046.0047.00
Cashflow From Investing18.5%-976-1,197-1,218-953-659-426-1,008-769-1,539-1,009-593-850-385-732-791-1,006-693-653-631-320-626
Cashflow From Financing-4.8%-284-271-325-385-839-1,164-914-1,1306091,3791,9812,01164142.00-813-519-663-662-647-859-696
  Dividend Payments-----------45.0016513217517393.00165162158156154
  Buy Backs216.7%11436.00--------31.00-646-618-60675.0066.0050.0051.0050.0063.0079.00

ALK Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax$ 2,838$ 2,658$ 5,034$ 4,339
Operating Expenses    
Wages and benefits7546391,4771,245
Variable incentive pay575610492
Aircraft fuel, including hedging gains and losses5737761,2381,123
Aircraft maintenance125104249239
Aircraft rent5473113146
Landing fees and other rentals167136319274
Contracted services9582190160
Selling expenses8178147136
Depreciation and amortization113104217206
Food and beverage service605011491
Third-party regional carrier expense545010692
Other182177359329
Special items - Impairment charges and other186146199221
Special items - labor and related  510
Operating Expenses2,5012,4714,8834,354
Costs and Expenses, Total2,5012,4714,8834,354
Operating Income (Loss)337187151(15)
Nonoperating Income (Expense)    
Interest income22113918
Interest expense(28)(26)(56)(53)
Interest capitalized73145
Special items - net non-operating(6)0(6)0
Other—net(7)10(16)24
Nonoperating Income (Expense) Total(12)(2)(25)(6)
Income (Loss) Before Income Tax325185126(21)
Income tax (benefit) expense854628(17)
Net Income (Loss)$ 240$ 139$ 98$ (4)
Basic Earnings Per Share (usd per share)$ 1.88$ 1.10$ 0.77$ (0.03)
Diluted Earnings Per Share (usd per share)$ 1.86$ 1.09$ 0.76$ (0.03)
Shares used for computation:    
Basic shares (shares)127,440,000126,543,000127,470,000126,265,000
Diluted shares (shares)128,919,000127,795,000128,860,000126,265,000
Passenger [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax$ 2,598$ 2,418$ 4,582$ 3,929
Mileage plan other revenue [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax170175324287
Cargo and Freight [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax7065128123
Passenger Revenue [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax2,5982,4184,5823,929
Passenger Revenue [Member] | Passenger [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax2,5982,4184,5823,929
Mileage Plan Revenue [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax438422824722
Mileage Plan Revenue [Member] | Mileage plan other revenue [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax170175324287
Cargo and Other Revenue [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax7065128123
Cargo and Other Revenue [Member] | Cargo and Freight [Member]    
Operating Revenues    
Revenue from Contract with Customer, Excluding Assessed Tax$ 70$ 65$ 128$ 123

ALK Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets  
Cash and cash equivalents$ 536$ 338
Marketable securities1,9062,079
Total cash and marketable securities2,4422,417
Receivables - net351296
Inventories and supplies - net107104
Prepaid expenses187163
Other Assets, Current15760
Total Current Assets3,2443,040
Property and Equipment  
Aircraft and other flight equipment9,9189,053
Other property and equipment1,7141,661
Deposits for future flight equipment550670
Property and Equipment Total12,18211,384
Less accumulated depreciation and amortization4,2194,127
Total Property and Equipment - Net7,9637,257
Operating Lease, Right-of-Use Asset1,3181,471
Goodwill2,0362,038
Other noncurrent assets268380
Other Assets3,6223,889
Total Assets14,82914,186
Current Liabilities  
Accounts payable212221
Accrued wages, vacation and payroll taxes463619
Other accrued liabilities871846
Operating Lease, Liability, Current277228
Current portion of long-term debt572276
Total Current Liabilities5,1764,493
Long-Term Debt, Net of Current Portion1,8891,883
Noncurrent Liabilities  
Operating Lease, Liability, Noncurrent1,1481,393
Deferred Income Tax Liabilities, Net606574
Deferred revenue, noncurrent1,3701,374
Obligation for pension and postretirement medical benefits362348
Other liabilities327305
Other Liabilities and Credits Totals3,8133,994
Commitments and Contingencies
Shareholders' Equity  
Preferred stock, $0.01 par value, Authorized: 5,000,000 shares, none issued or outstanding00
Common stock, $0.01 par value, Authorized: 400,000,000 shares, Issued: 2021 - 133,792,045 shares; 2020 - 133,567,534 shares, Outstanding: 2021 - 124,442,101 shares; 2020 - 124,217,590 shares11
Capital in excess of par value$ 648$ 577
Treasury Stock, Common, Shares10,635,4859,349,944
Treasury stock (common), at cost: 2020 - 9,349,944 shares; 2020 - 9,349,944 shares$ (731)$ (674)
Accumulated other comprehensive loss(365)(388)
Retained earnings4,3984,300
Total Shareholders' Equity3,9513,816
Total Liabilities and Shareholders' Equity14,82914,186
Mileage Plan Revenue [Member]  
Current Liabilities  
Contract with Customer, Liability, Current1,2071,123
Contract with Customer, Liability, Current1,2071,123
Passenger Revenue [Member]  
Current Liabilities  
Contract with Customer, Liability, Current1,5741,180
Contract with Customer, Liability, Current$ 1,574$ 1,180
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.