Alaska Air Group (ALK)
(Real Time Quote from BATS)
$43.84 USD
-0.71 (-1.59%)
Updated Apr 26, 2024 10:59 AM ET
2-Buy of 5 2
A Value D Growth A Momentum B VGM
Company Summary
Alaska Air Group, together with its partner regional carriers, serves more than 120 cities across North America. The carrier’s mainline operating fleet included 203 B737 jet aircrafts and 22 Airbus A320 family jets as of Dec 31, 2022. ALK's regional operations include flights operated by Horizon Air, which was acquired in 1986 and SkyWest. The carrier's mainline and regional fleet strength at the end of 2022 was 225 and 86respectively. The carrier serves more than 115 destinations.
Horizon Air, which serves nearly 7 million passengers annually, sells its entire capacity to Alaska Airlines under a capacity purchase arrangement. Alaska Airlines ...
Company Summary
Alaska Air Group, together with its partner regional carriers, serves more than 120 cities across North America. The carrier’s mainline operating fleet included 203 B737 jet aircrafts and 22 Airbus A320 family jets as of Dec 31, 2022. ALK's regional operations include flights operated by Horizon Air, which was acquired in 1986 and SkyWest. The carrier's mainline and regional fleet strength at the end of 2022 was 225 and 86respectively. The carrier serves more than 115 destinations.
Horizon Air, which serves nearly 7 million passengers annually, sells its entire capacity to Alaska Airlines under a capacity purchase arrangement. Alaska Airlines was founded in 1932. The regional fleet operated by SkyWest had 42 E175 planes at the end of 2022.
Alaska Air Group, through its mainline operations, covers western United States, Canada and Mexico. It also offers passenger and cargo services to/within Alaska.
Furthermore, the company operates on long-haul east/west routes to Hawaii and multiple cities in the mid-continental and eastern United States, primarily from Seattle.
The bulk of the company’s revenue is generated through passenger operations. In 2022, passenger revenues contributed 91.3% (of which 84.4% came from passenger tickets,10.6% from mileage plan passenger revenues and the rest from passenger ancilliary revenues) to the company’s top line of $6,176 million. Mileage Plan and cargo and other revenues contributed 7.5% and 3.5% respectively to the company’s top line in 2022. For 2022, passenger revenues from mainline and regional operations were 84.4% and 15.6%, respectively.
In 2020, the carrier announced the West Coast International Alliance with American Airlines, which will provide more destinations, greater utility and more value for ALK's guests and loyalty members. The alliance allows Alaska Mileage Plan members to enjoy benefits across both airlines.
Such customer-friendly arrangements boost the top line of Alaska Air Group. The acquisition of Virgin America, completed in Dec 2016, has significantly expanded Alaska Air Group's presence.
Alaska Air Group is based in Seattle, WA. The company's fiscal year coincides with the calendar year.
General Information
Alaska Air Group, Inc
19300 INTERNATIONAL BOULEVARD
SEATTLE, WA 98188
Phone: 206-392-5040
Fax: 302-636-5454
Email: alkinvestorrelations@alaskaair.com
| Industry | Transportation - Airline |
| Sector | Transportation |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Exp Earnings Date | 7/23/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 2.33 |
| Current Year EPS Consensus Estimate | 4.68 |
| Estimated Long-Term EPS Growth Rate | 16.00 |
| Exp Earnings Date | 7/23/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 44.55 |
| 52 Week High | 57.18 |
| 52 Week Low | 30.75 |
| Beta | 1.63 |
| 20 Day Moving Average | 2,507,050.50 |
| Target Price Consensus | 55.58 |
| 4 Week | 3.63 |
| 12 Week | 22.86 |
| YTD | 14.03 |
| 4 Week | 7.86 |
| 12 Week | 19.40 |
| YTD | 7.73 |
| Shares Outstanding (millions) | 125.80 |
| Market Capitalization (millions) | 5,604.36 |
| Short Ratio | NA |
| Last Split Date | 7/10/2014 |
| Dividend Yield | 0.00% |
| Annual Dividend | $0.00 |
| Payout Ratio | 0.00 |
| Change in Payout Ratio | -0.06 |
| Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
| P/E (F1) | 9.51 |
| Trailing 12 Months | 10.58 |
| PEG Ratio | 0.60 |
| vs. Previous Year | -48.39% |
| vs. Previous Quarter | -406.67% |
| vs. Previous Year | 1.64% |
| vs. Previous Quarter | -12.57% |
| Price/Book | 1.41 |
| Price/Cash Flow | 5.52 |
| Price / Sales | 0.54 |
| 3/31/24 | 13.54 |
| 12/31/23 | 14.72 |
| 9/30/23 | 17.06 |
| 3/31/24 | 3.68 |
| 12/31/23 | 3.96 |
| 9/30/23 | 4.54 |
| 3/31/24 | 0.65 |
| 12/31/23 | 0.61 |
| 9/30/23 | 0.72 |
| 3/31/24 | 0.63 |
| 12/31/23 | 0.58 |
| 9/30/23 | 0.69 |
| 3/31/24 | 5.22 |
| 12/31/23 | 5.59 |
| 9/30/23 | 6.40 |
| 3/31/24 | 2.34 |
| 12/31/23 | 2.25 |
| 9/30/23 | 2.50 |
| 3/31/24 | 3.29 |
| 12/31/23 | 3.10 |
| 9/30/23 | 3.42 |
| 3/31/24 | 31.61 |
| 12/31/23 | 32.12 |
| 9/30/23 | 32.17 |
| 3/31/24 | 40.55 |
| 12/31/23 | 41.31 |
| 9/30/23 | 41.50 |
| 3/31/24 | 0.85 |
| 12/31/23 | 0.53 |
| 9/30/23 | 0.79 |
| 3/31/24 | 45.81 |
| 12/31/23 | 34.66 |
| 9/30/23 | 44.19 |