Alaska Air Group, Inc.
ALK · Price history
Price at last available close
$35.58
−$4.35 (-10.89%) 1M
2026-10-28
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Company & revenue
About Alaska Air Group, Inc.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Alaska Air Group, Inc. operates via its subsidiaries, providing comprehensive air transportation solutions for both passengers and freight. Its business is organized into three principal segments: Mainline, Regional, and Horizon. The airline extends its services to approximately 120 destinations throughout North America.
How they make money
Alaska Air Group generates revenue primarily through the scheduled air transportation of passengers and cargo. The company operates a network of airlines, including Alaska Airlines, Hawaiian Airlines, and Horizon Air, utilizing a fleet of aircraft to provide connectivity across North America, Latin America, Asia, and the Pacific, while also leveraging loyalty programs and aviation services.
Products & services
Scheduled passenger and cargo air transportation, regional flight operations via capacity purchase agreements, and aviation support services.
Brands & revenue mix
Primary airline brand for the company.
Separate brand revenue is not available in this research.Source
Distinct brand providing guest experience to and from the Hawaiian Islands.
Separate brand revenue is not available in this research.Source
Regional airline subsidiary.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
Period ended 2025-12-31Source
Period ended 2025-12-31Source
Period ended 2025-12-31Source
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Customer concentration
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
Business relationships & partnerships
- oneworld alliance — A global airline alliance providing guests access to an extensive network of international destinations and shared benefits.Source
Competitors
- Major U.S. Airlines — The company competes in a highly competitive industry against other major global U.S. carriers.Source
Strengths
Financial risk observations and what to check
These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-09-30.
Quarterly EPS turned negative at -1.32 versus 0.62 a year earlier.
Separate recurring operating losses from noncash or one-time charges, and check cash flow rather than interpreting negative EPS as a cash-outflow amount.
Quarterly net income turned from a profit to a loss versus the same quarter last year.
Identify the causes in the interim report and distinguish operating cash use from accounting charges. Prior profitability is not a guarantee of recovery.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
31
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
36
Poor
Financial Strength
36
Business Quality / Moat
51
Management
7
Growth Quality
42
Risk / Durability
52
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
28
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
42/100
Building Historical Record
Model Score 42/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
- •Recent buyback activity is present
- •Elevated debt risk
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for ALK
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can ALK maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •How long can ALK fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •Is ALK's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •What specifically needs to improve for ALK to reach sustainable profitability?
- •What future growth or profitability would be needed to justify ALK's current valuation?
Essential Investment Snapshot
Wall Street Score
31
Opportunity Score
28
Market Cap
$3.97B
P/E Ratio
-10.0
EPS
$-3.53
52-Week High
$60.63
52-Week Low
$32.33
Beta
1.33
Analyst Target
$51.00
Shares Outstanding
117.4M
Total Revenue
$15.30B
Total Debt
$7.30B
Dividend
No current dividend
Liquidation Value / Share
$30.08
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Weakening momentum
Normal movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for ALK
Detected from reported data — verify before acting.Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Elevated debt risk
Interest coverage is below 2x • Free cash flow is negative • Cash covers less than 20% of total debt
Community Sentiment
0 active · 0 total callsNo personal call yet on ALK.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Prioritization of safety as a core value.
- +Extensive network connectivity through oneworld alliance.
Potential downside factors
- −Debt risk (elevated): Interest coverage is below 2x.
- −Free cash flow is negative.
- −Cash covers less than 20% of total debt.
- −Operational risks inherent in the airline industry.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
6 historical score records availablePrevious Score
31
Oct 1, 2026
Change
+0.4
points
Current Score
31
Oct 23, 2026
Category Changes
ALK increased 0.4 points because Revenue improved by 3.8 points.
Positive Contributors
- + Revenue improved by 3.8 points
Projected Score
Projected Score
25
Projected Change
-6.4 points
Preliminary comparable-period financial changes suggest decline of approximately 6.4 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailableCurrent Price
$35.58
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.30B | $14.24B | $11.73B | $10.43B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $4.14B | $5.74B | $8.87B | $7.96B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $11.16B | $8.49B | $2.86B | $2.46B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $427.0M | $407.0M | $349.0M | $303.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $11.45B | $8.19B | $2.29B | $2.07B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $582.0M | $1.29B | $1.47B | $1.27B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | -$290.0M | $303.0M | $570.0M | $394.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | -$9.0M | $243.0M | $142.0M | $121.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | -$483.0M | $146.0M | $545.0M | $323.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | -$88.0M | $46.0M | $150.0M | $88.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | -$395.0M | $100.0M | $395.0M | $235.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $-3.53 | $0.85 | $3.13 | $1.84 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 112M | 116M | 126M | 127M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 112M | 117M | 128M | 129M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$4.31B
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$1.32
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+12.8%
Cash Change
+3.6%
Margin Change
-5.4 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Cash position grew
What Weakened
- Margins contracted
- Debt increased
Potential Score Impact
Positive indicators included revenue growth, cash levels. Pressure indicators included EPS growth, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 14.4%. EPS declined 312.9%. Cash increased 3.6%. Total debt increased 12.8%. Net income margin declined by 5.4 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
7
Smart Money
7
Number of Gurus
1
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Log in to view dividend history.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
6 historical recordsHistorical Score Chart
3 of 6 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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Rumor Mill · ALK
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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