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Alaska Air Group (ALK)

(Delayed Data from NYSE)

$43.96 USD

43.96
2,032,405

-0.59 (-1.32%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $43.54 -0.42 (-0.96%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value D Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 43% (143 out of 252)

Industry: Transportation - Airline

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Balance Sheet

Research for ALK

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Alaska Air Group, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,791 2,417 3,116 3,346 1,521
Receivables 383 296 546 480 323
Notes Receivable 0 0 0 0 0
Inventories 116 104 62 57 72
Other Current Assets 415 223 196 123 121
Total Current Assets 2,705 3,040 3,920 4,006 2,037
Net Property & Equipment 8,388 7,257 6,138 6,211 6,902
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 2,033 2,038 2,440 2,050 2,065
Deposits & Other Assets 292 380 0 379 278
Total Assets 14,613 14,186 13,951 14,046 12,993
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 1,343 1,401 1,363 1,181 1,046
Current Portion Long-Term Debt 353 276 366 1,138 235
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 1,384 1,465 1,082 951 901
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 1,221 1,123 912 733 750
Total Current Liabilities 4,459 4,493 3,991 4,293 3,201
Mortgages 0 0 0 0 0
Deferred Taxes/Income 2,077 1,948 2,024 1,951 1,955
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,182 3,276 2,173 2,357 2,703
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 657 653 683 1,189 803
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 10,500 10,370 10,150 11,058 8,662
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 695 577 494 391 305
Retained Earnings 4,535 4,300 4,242 3,764 5,133
Other Equity -299 -388 -262 -494 -465
Treasury Stock 819 674 674 674 643
Total Shareholder's Equity 4,113 3,816 3,801 2,988 4,331
Total Liabilities & Shareholder's Equity 14,613 14,186 13,951 14,046 12,993
Total Common Equity 4,113 3,816 3,801 2,988 4,331
Shares Outstanding 128.00 126.80 125.30 123.60 123.10
Book Value Per Share 32.13 30.09 30.34 24.17 35.18

Fiscal Year End for Alaska Air Group, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents 2,278 1,791 2,451 2,442 2,429
Receivables 384 383 341 351 340
Notes Receivable NA 0 0 0 0
Inventories 104 116 122 107 105
Other Current Assets 363 415 730 344 225
Total Current Assets 3,129 2,705 3,644 3,244 3,099
Net Property & Equipment 8,194 8,388 8,026 7,963 7,252
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles 2,033 2,033 2,034 2,036 2,037
Deposits & Other Assets 283 292 290 268 374
Total Assets 14,813 14,613 15,165 14,829 14,296
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable 1,785 1,343 1,588 1,786 1,819
Current Portion Long-Term Debt 301 353 736 572 268
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses 1,272 1,384 1,367 1,334 1,339
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities 1,313 1,221 1,233 1,207 1,218
Total Current Liabilities 4,829 4,459 5,074 5,176 4,857
Mortgages NA 0 0 0 0
Deferred Taxes/Income 1,969 2,077 2,028 1,976 1,848
Convertible Debt NA 0 0 0 0
Long-Term Debt 3,362 2,182 3,241 1,889 1,795
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities 676 729 689 652
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 10,836 10,500 11,072 10,878 10,607
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 707 695 659 648 587
Retained Earnings 4,403 4,535 4,537 4,398 4,158
Other Equity -294 -299 -360 -365 -365
Treasury Stock 840 819 744 731 692
Total Shareholder's Equity 3,977 4,113 4,093 3,951 3,689
Total Liabilities & Shareholder's Equity 14,813 14,613 15,165 14,829 14,296
Total Common Equity 103,976 4,113 4,093 3,951 3,689
Shares Outstanding 125.80 128.00 127.20 127.90 127.40
Book Value Per Share 826.52 32.13 32.18 30.89 28.96