Alaska Air Group (ALK)
(Delayed Data from NYSE)
$39.56 USD
-0.20 (-0.50%)
Updated Sep 19, 2024 04:00 PM ET
After-Market: $39.56 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value C Growth A Momentum A VGM
Company Summary
Alaska Air Group, together with its partner regional carriers, serves more than 120 cities across North America. Alaska Air Group operates two airlines, Alaska and Horizon.
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.
Through its mainline operations, Alaska Air Group 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 ...
Company Summary
Alaska Air Group, together with its partner regional carriers, serves more than 120 cities across North America. Alaska Air Group operates two airlines, Alaska and Horizon.
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.
Through its mainline operations, Alaska Air Group 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 carrier’s mainline operating fleet included 231 B737 jet aircrafts as of Dec 31, 2023. In 2023, ALK retired all Airbus aircraft and completed the transition of its mainline operations to an all-Boeing 737 fleet.
In 2023, ALK transitioned its regional operations to an all-Embraer E175 fleet. At Dec 31, 2023, Horizon’s operating fleet consisted of 41 E175 aircraft. The regional fleet operated by SkyWest consisted of 42 E175 aircraft. All Bombardier Q400 aircraft were retired from ALK's fleet by January 2023
The bulk of the company’s revenue is generated through passenger operations. In 2023, passenger revenues contributed 91% (of which 84.1% came from passenger tickets,10.9% from mileage plan passenger revenues and the rest from passenger ancilliary revenues) to the company’s top line of $10.43 billion. Mileage Plan and cargo and other revenues contributed 6% and 3% respectively to the company’s top line in 2023. For 2023, passenger revenues from mainline and regional operations were 85.7% and 14.2%, respectively. Balance was accounted for by Its wholly-owned regional operator Horizon Air.
In 2020, the carrier announced the West Coast International Alliance with American Airlines, which has provided 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.
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 calender 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 | 6/30/2024 |
Exp Earnings Date | 10/17/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.89 |
Current Year EPS Consensus Estimate | 4.55 |
Estimated Long-Term EPS Growth Rate | 16.80 |
Exp Earnings Date | 10/17/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 39.76 |
52 Week High | 46.15 |
52 Week Low | 30.75 |
Beta | 1.59 |
20 Day Moving Average | 2,374,906.25 |
Target Price Consensus | 54.20 |
4 Week | 13.63 |
12 Week | -2.26 |
YTD | 1.77 |
4 Week | 13.69 |
12 Week | -4.70 |
YTD | -13.60 |
Shares Outstanding (millions) | 126.16 |
Market Capitalization (millions) | 5,016.09 |
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 | -0.04 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 8.74 |
Trailing 12 Months | 10.57 |
PEG Ratio | 0.52 |
vs. Previous Year | -15.00% |
vs. Previous Quarter | 377.17% |
vs. Previous Year | 2.08% |
vs. Previous Quarter | 29.79% |
Price/Book | 1.19 |
Price/Cash Flow | 4.92 |
Price / Sales | 0.48 |
6/30/24 | 11.85 |
3/31/24 | 13.54 |
12/31/23 | 14.72 |
6/30/24 | 3.24 |
3/31/24 | 3.68 |
12/31/23 | 3.96 |
6/30/24 | 0.68 |
3/31/24 | 0.65 |
12/31/23 | 0.61 |
6/30/24 | 0.66 |
3/31/24 | 0.63 |
12/31/23 | 0.58 |
6/30/24 | 4.62 |
3/31/24 | 5.22 |
12/31/23 | 5.59 |
6/30/24 | 2.14 |
3/31/24 | 2.34 |
12/31/23 | 2.25 |
6/30/24 | 3.18 |
3/31/24 | 3.29 |
12/31/23 | 3.10 |
6/30/24 | 33.30 |
3/31/24 | 31.61 |
12/31/23 | 32.12 |
6/30/24 | 41.20 |
3/31/24 | 40.55 |
12/31/23 | 41.31 |
6/30/24 | 0.55 |
3/31/24 | 0.57 |
12/31/23 | 0.53 |
6/30/24 | 35.37 |
3/31/24 | 36.28 |
12/31/23 | 34.66 |