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Alaska Air Group

ALK

Alaska Air Group is a major American airline holding company that provides scheduled air transportation for passengers and cargo across North America, Latin America, Asia, and the Pacific.

Market cap
$5.29B-15.0%
Revenue$14.8B+9.8%
Net income-$175.0M-156%
Free cash flow$624.0M-45.7%
EPS (diluted)-$1.57-164%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$4.3B
EPS estimate$0.82

Financials

Q2 2026

Income statement

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Revenue$4.1B+9.7%
Operating income-$168.0M-161%
Net income-$76.0M-144%
EPS (diluted)-$0.68-148%

Balance sheet

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Cash & equivalents$1.1B+32.8%
Total debt$6.2B-2.2%
Total equity$3.7B-6.9%
Total assets$21.2B+6.8%

Cash flow

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Operating cash flow$185.0M-50.8%
CapEx-$185.0M-315%
Free cash flow--100%

Valuation & ratios

Valuation

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Market cap$5.29B-15.0%
Enterprise value$10.46B-10.0%
P/S0.4×-0.1×

Profitability

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Operating margin-1.5%-5.2pp
Net margin-1.2%-3.5pp
FCF margin4.2%-4.3pp

Returns & leverage

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Return on equity-4.6%-12.3pp
Debt / equity1.7×+0.1×
Current ratio0.5×0.0×

Competitors

Profile

Alaska Air Group is a major American airline holding company that provides scheduled air transportation for passengers and cargo across North America, Latin America, Asia, and the Pacific. The company operates a multi-brand strategy featuring Alaska Airlines and Hawaiian Airlines as distinct guest-facing brands, supported by a regional network and a comprehensive global alliance membership. Its value proposition centers on safety, guest service, and extensive connectivity through primary hubs in Seattle, Honolulu, and across the U.S. West Coast.

Competitive position

The company is the fourth largest global carrier in the U.S. and maintains a dominant position in the Pacific Northwest and Hawaiian markets.

GeographiesNorth America, Latin America, Asia, Pacific
Customer segmentsRetail consumers, Corporate travelers, Logistics and freight companies
Business modelAsset-heavy service provider, B2C service, Loyalty program monetization, Capacity Purchase Agreement (CPA)
SuppliersAircraft manufacturers (Boeing, Airbus, Embraer), Jet fuel refiners, Airport authorities, FAA and regulatory bodies
CustomersIndividual travelers, Corporate travel departments, E-commerce and freight forwarders
Listed1972
Employees23.0K
CEOBenito Minicucci
FilingsSEC EDGAR

FAQ

What is Alaska Air Group's market cap?
Alaska Air Group (ALK) has a market capitalization of $5.3B and trades on NYSE.
What is Alaska Air Group's revenue and profitability?
Alaska Air Group generated $14.8B in trailing twelve-month revenue with a net loss of $175.0M, representing a net margin of -1.2%, with free cash flow of $624.0M. These figures are based on the Q2 2026 filing.
Who are Alaska Air Group's competitors?
Alaska Air Group's key competitors include Delta Air Lines, JetBlue Airways, United Airlines, and others. These companies compete in similar markets and product categories.
Who does Alaska Air Group partner with?
Alaska Air Group's notable partners include SkyWest Airlines, Bank of America, Barclays, and others.
What subsidiaries does Alaska Air Group have?
Alaska Air Group's subsidiaries include Alaska Airlines, Hawaiian Airlines, Horizon Air, and others.
Where is Alaska Air Group headquartered?
Alaska Air Group is headquartered in United States of America and employs approximately 23,013 people. It has been publicly traded since 1972.