profit from every $100 of sales.

Alaska Air Group
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $47.03 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Alaska Air Group sold, what it kept, and what it did with the cash.
Sales went from $9.65 billion in 2022 to $14.2 billion in 2025, with $100 million of profit last year.
Alaska Air Group vs. similar companies
Alaska Air Group grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Alaska Air Group | 47.0× · Expensive | ||
United Airlines Holdings | 11.7× · Cheap | ||
Ryanair Holdings | 13.1× · Cheap | ||
Southwest Airlines | 51.4× · Expensive | ||
LATAM Airlines Group | 9.9× · Cheap |
AI analysis
An AI analyst reads Alaska Air Group's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 3,566 | 6,176 | 9,646 | 10,426 | 11,735 | 14,239 | |
| – | – | 1,662 | 1,869 | 2,118 | 2,018 | |
| – | – | 650 | 837 | 915 | 553 | |
| – | – | 588 | 868 | 1,270 | 1,176 | |
| -1,324 | 478 | 58 | 235 | 395 | 100 | |
| -10.72 | 3.77 | 0.45 | 1.83 | 3.08 | 0.83 | |
| – | – | 17.2% | 17.9% | 18.0% | 14.2% | |
| – | – | 6.7% | 8.0% | 7.8% | 3.9% | |
| -37.1% | 7.7% | 0.6% | 2.3% | 3.4% | 0.7% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 14,046 | 13,951 | 14,186 | 14,613 | 19,768 | 20,361 |
| Cash | 1,370 | 470 | 338 | 281 | 1,201 | 627 |
| Total debt | 4,763 | 3,818 | 3,780 | 3,818 | 6,393 | 6,893 |
| Total liabilities | – | – | 10,370 | 10,500 | 15,396 | 16,243 |
| 2,988 | 3,801 | 3,816 | 4,113 | 4,372 | 4,118 | |
| 123 | 127 | 128 | 129 | 128 | 120 | |
| – | – | 1.8% | 4.2% | 5.0% | 2.7% | |
| -44.3% | 12.6% | 1.5% | 5.7% | 9.0% | 2.4% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| -234 | 1,030 | 1,418 | 1,050 | 1,464 | 1,249 | |
| 222 | 292 | 1,671 | 1,494 | 1,281 | 1,588 | |
| -456 | 738 | -253 | -444 | 183 | -339 | |
| Dividends paid | 45 | 0 | 0 | – | – | – |
| 31 | 0 | 0 | 137 | 312 | 570 | |
| 24 | 51 | 42 | 85 | 63 | 10 |
Valuation
- 47.0×
- –
- –
- 1.1×
- 0.3×
- –
- 9.3×
- -7.2%
- 2.1%
- 0.0%
Profitability
- 14.2%
- 3.9%
- 0.7%
- 7.7%
- 1.6%
- 2.9%
- 1.8%
- 0.4%
- 1.7%
- –
Growth
- +31.9%
- –
- −285.2%
- −14.1%
- −2.0%
Financial health
- 5.6×
- 1.79
- 32.9%
- 0.8×
- 0.43
- 0.39
- 0.71
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $67.00
- Range
- $54.00 – $77.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 20, 2026 | -1.68 | -1.61 | −4.3% |
| Jan 22, 2026 | 0.43 | 0.11 | +290.9% |
| Oct 23, 2025 | 1.05 | 1.09 | −3.7% |
| Jul 23, 2025 | 1.78 | 1.56 | +14.1% |
| Apr 23, 2025 | -0.77 | -0.77 | −0.0% |
| Jan 22, 2025 | 0.97 | 0.45 | +115.6% |
| Oct 31, 2024 | 2.25 | 2.17 | +3.7% |
| Jul 17, 2024 | 2.55 | 2.36 | +8.1% |
News
U.S. executives quit Alaska gas venture over alleged Russian funding: WSJSeeking Alpha · Oct 25, 2026American Airlines, Alaska Air lead list of undervalued industrial stocksSeeking Alpha · Oct 21, 2026Alaska Air Non-GAAP EPS of $0.36 beats by $0.08, revenue of $4.31B misses by $10MSeeking Alpha · Oct 21, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Alaska Air Group
Is Alaska Air Group a good stock to buy?
A business with weak numbers, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Alaska Air Group AI analysis
What does Alaska Air Group do?
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. It is in Airlines, Airports & Air Services, based in Seattle, WA, United States, with 31,465 employees.
Does Alaska Air Group pay a dividend?
No. Alaska Air Group does not pay a dividend at the moment; in 2025 it returned $570 million to shareholders by buying back its own shares.
Is Alaska Air Group stock halal?
No. Alaska Air Group does not pass our halal screen: its debt is 147% of its market value, at or above the 33% limit. How we check
How has Alaska Air Group stock done over the past year?
Down 2.9% over the past twelve months, to $41.70. It traded between $33.54 and $60.21 and is 30.7% below its high.
Who are Alaska Air Group's competitors?
The largest listed companies in the same industry are United Airlines Holdings, Ryanair Holdings, Southwest Airlines and LATAM Airlines Group. The peers table on this page compares their profit, growth and price with Alaska Air Group's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



