ALASKA AIR GROUP INC (ALK) Stock Fundamental Analysis

NYSE:ALK • US0116591092

52.51 USD
+1.88 (+3.71%)
At close: Feb 24, 2026
52.51 USD
0 (0%)
After Hours: 2/24/2026, 7:01:42 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall ALK gets a fundamental rating of 4 out of 10. We evaluated ALK against 22 industry peers in the Passenger Airlines industry. While ALK is still in line with the averages on profitability rating, there are concerns on its financial health. ALK is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year ALK was profitable.
  • ALK had a positive operating cash flow in the past year.
  • Each year in the past 5 years ALK has been profitable.
  • ALK had a positive operating cash flow in each of the past 5 years.
ALK Yearly Net Income VS EBIT VS OCF VS FCFALK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B

1.2 Ratios

  • With a Return On Assets value of 0.49%, ALK perfoms like the industry average, outperforming 59.09% of the companies in the same industry.
  • With a decent Return On Equity value of 2.43%, ALK is doing good in the industry, outperforming 63.64% of the companies in the same industry.
  • The Return On Invested Capital of ALK (2.83%) is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for ALK is significantly below the industry average of 20.69%.
Industry RankSector Rank
ROA 0.49%
ROE 2.43%
ROIC 2.83%
ROA(3y)1.37%
ROA(5y)1.59%
ROE(3y)5.73%
ROE(5y)6.25%
ROIC(3y)4.46%
ROIC(5y)N/A
ALK Yearly ROA, ROE, ROICALK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40

1.3 Margins

  • ALK has a Profit Margin (0.70%) which is in line with its industry peers.
  • In the last couple of years the Profit Margin of ALK has grown nicely.
  • Looking at the Operating Margin, with a value of 3.88%, ALK is in line with its industry, outperforming 54.55% of the companies in the same industry.
  • ALK's Operating Margin has declined in the last couple of years.
  • ALK has a Gross Margin (55.09%) which is in line with its industry peers.
  • In the last couple of years the Gross Margin of ALK has grown nicely.
Industry RankSector Rank
OM 3.88%
PM (TTM) 0.7%
GM 55.09%
OM growth 3Y-16.78%
OM growth 5YN/A
PM growth 3Y5.31%
PM growth 5YN/A
GM growth 3Y3.2%
GM growth 5Y7.36%
ALK Yearly Profit, Operating, Gross MarginsALK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • ALK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, ALK has less shares outstanding
  • Compared to 5 years ago, ALK has less shares outstanding
  • The debt/assets ratio for ALK is higher compared to a year ago.
ALK Yearly Shares OutstandingALK Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
ALK Yearly Total Debt VS Total AssetsALK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

2.2 Solvency

  • ALK has an Altman-Z score of 1.16. This is a bad value and indicates that ALK is not financially healthy and even has some risk of bankruptcy.
  • ALK has a better Altman-Z score (1.16) than 63.64% of its industry peers.
  • ALK has a Debt/Equity ratio of 1.17. This is a high value indicating a heavy dependency on external financing.
  • ALK has a better Debt to Equity ratio (1.17) than 63.64% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.17
Debt/FCF N/A
Altman-Z 1.16
ROIC/WACC0.34
WACC8.4%
ALK Yearly LT Debt VS Equity VS FCFALK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B 4B

2.3 Liquidity

  • A Current Ratio of 0.50 indicates that ALK may have some problems paying its short term obligations.
  • The Current ratio of ALK (0.50) is worse than 63.64% of its industry peers.
  • ALK has a Quick Ratio of 0.50. This is a bad value and indicates that ALK is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.46, ALK is in line with its industry, outperforming 45.45% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.5
Quick Ratio 0.46
ALK Yearly Current Assets VS Current LiabilitesALK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The earnings per share for ALK have decreased strongly by -48.66% in the last year.
  • The earnings per share for ALK have been decreasing by -16.71% on average. This is quite bad
  • Looking at the last year, ALK shows a very strong growth in Revenue. The Revenue has grown by 21.34%.
  • ALK shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 31.90% yearly.
EPS 1Y (TTM)-48.66%
EPS 3Y-16.71%
EPS 5YN/A
EPS Q2Q%-55.67%
Revenue 1Y (TTM)21.34%
Revenue growth 3Y13.86%
Revenue growth 5Y31.9%
Sales Q2Q%2.77%

3.2 Future

  • The Earnings Per Share is expected to grow by 59.19% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 6.15% on average over the next years.
EPS Next Y119.21%
EPS Next 2Y83.69%
EPS Next 3Y59.19%
EPS Next 5YN/A
Revenue Next Year7.55%
Revenue Next 2Y6.84%
Revenue Next 3Y6.15%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
ALK Yearly Revenue VS EstimatesALK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5B 10B 15B
ALK Yearly EPS VS EstimatesALK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 5 -5 10 -10

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 21.09 indicates a rather expensive valuation of ALK.
  • Based on the Price/Earnings ratio, ALK is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
  • When comparing the Price/Earnings ratio of ALK to the average of the S&P500 Index (26.98), we can say ALK is valued slightly cheaper.
  • The Price/Forward Earnings ratio is 9.62, which indicates a very decent valuation of ALK.
  • ALK's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ALK is cheaper than 77.27% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.01, ALK is valued rather cheaply.
Industry RankSector Rank
PE 21.09
Fwd PE 9.62
ALK Price Earnings VS Forward Price EarningsALK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ALK is valued cheaper than 86.36% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 5.78
ALK Per share dataALK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as ALK's earnings are expected to grow with 59.19% in the coming years.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y83.69%
EPS Next 3Y59.19%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • ALK does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ALASKA AIR GROUP INC

NYSE:ALK (2/24/2026, 7:01:42 PM)

After market: 52.51 0 (0%)

52.51

+1.88 (+3.71%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)01-22
Earnings (Next)04-21
Inst Owners91.48%
Inst Owner Change-0.62%
Ins Owners0.57%
Ins Owner Change15.55%
Market Cap6.07B
Revenue(TTM)14.24B
Net Income(TTM)100.00M
Analysts82.86
Price Target71.57 (36.3%)
Short Float %7.86%
Short Ratio2.55
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)120.98%
Min EPS beat(2)-7.79%
Max EPS beat(2)249.74%
EPS beat(4)2
Avg EPS beat(4)63.61%
Min EPS beat(4)-7.79%
Max EPS beat(4)249.74%
EPS beat(8)6
Avg EPS beat(8)49.07%
EPS beat(12)8
Avg EPS beat(12)36.3%
EPS beat(16)11
Avg EPS beat(16)28.77%
Revenue beat(2)0
Avg Revenue beat(2)-0.99%
Min Revenue beat(2)-1.28%
Max Revenue beat(2)-0.71%
Revenue beat(4)1
Avg Revenue beat(4)-0.95%
Min Revenue beat(4)-2%
Max Revenue beat(4)0.19%
Revenue beat(8)4
Avg Revenue beat(8)-0.17%
Revenue beat(12)5
Avg Revenue beat(12)-0.5%
Revenue beat(16)7
Avg Revenue beat(16)-0.43%
PT rev (1m)1.94%
PT rev (3m)5.57%
EPS NQ rev (1m)-22.63%
EPS NQ rev (3m)-63.64%
EPS NY rev (1m)-2.39%
EPS NY rev (3m)1.02%
Revenue NQ rev (1m)-0.51%
Revenue NQ rev (3m)-1.13%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)0.17%
Valuation
Industry RankSector Rank
PE 21.09
Fwd PE 9.62
P/S 0.43
P/FCF N/A
P/OCF 4.86
P/B 1.47
P/tB 10.46
EV/EBITDA 5.78
EPS(TTM)2.49
EY4.74%
EPS(NY)5.46
Fwd EY10.39%
FCF(TTM)-2.93
FCFYN/A
OCF(TTM)10.81
OCFY20.59%
SpS123.25
BVpS35.64
TBVpS5.02
PEG (NY)0.18
PEG (5Y)N/A
Graham Number44.69
Profitability
Industry RankSector Rank
ROA 0.49%
ROE 2.43%
ROCE 4.02%
ROIC 2.83%
ROICexc 3.35%
ROICexgc 4.81%
OM 3.88%
PM (TTM) 0.7%
GM 55.09%
FCFM N/A
ROA(3y)1.37%
ROA(5y)1.59%
ROE(3y)5.73%
ROE(5y)6.25%
ROIC(3y)4.46%
ROIC(5y)N/A
ROICexc(3y)5.4%
ROICexc(5y)N/A
ROICexgc(3y)7.56%
ROICexgc(5y)N/A
ROCE(3y)6.33%
ROCE(5y)N/A
ROICexgc growth 3Y-18.1%
ROICexgc growth 5YN/A
ROICexc growth 3Y-19%
ROICexc growth 5YN/A
OM growth 3Y-16.78%
OM growth 5YN/A
PM growth 3Y5.31%
PM growth 5YN/A
GM growth 3Y3.2%
GM growth 5Y7.36%
F-Score5
Asset Turnover0.7
Health
Industry RankSector Rank
Debt/Equity 1.17
Debt/FCF N/A
Debt/EBITDA 3.59
Cap/Depr 199.75%
Cap/Sales 11.15%
Interest Coverage 2.48
Cash Conversion 92.66%
Profit Quality N/A
Current Ratio 0.5
Quick Ratio 0.46
Altman-Z 1.16
F-Score5
WACC8.4%
ROIC/WACC0.34
Cap/Depr(3y)250.25%
Cap/Depr(5y)245.5%
Cap/Sales(3y)12.13%
Cap/Sales(5y)11.69%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-48.66%
EPS 3Y-16.71%
EPS 5YN/A
EPS Q2Q%-55.67%
EPS Next Y119.21%
EPS Next 2Y83.69%
EPS Next 3Y59.19%
EPS Next 5YN/A
Revenue 1Y (TTM)21.34%
Revenue growth 3Y13.86%
Revenue growth 5Y31.9%
Sales Q2Q%2.77%
Revenue Next Year7.55%
Revenue Next 2Y6.84%
Revenue Next 3Y6.15%
Revenue Next 5YN/A
EBIT growth 1Y-39.56%
EBIT growth 3Y-5.24%
EBIT growth 5YN/A
EBIT Next Year268.76%
EBIT Next 3Y61.4%
EBIT Next 5YN/A
FCF growth 1Y-285.25%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-14.69%
OCF growth 3Y-4.14%
OCF growth 5YN/A

ALASKA AIR GROUP INC / ALK FAQ

What is the ChartMill fundamental rating of ALASKA AIR GROUP INC (ALK) stock?

ChartMill assigns a fundamental rating of 4 / 10 to ALK.


Can you provide the valuation status for ALASKA AIR GROUP INC?

ChartMill assigns a valuation rating of 6 / 10 to ALASKA AIR GROUP INC (ALK). This can be considered as Fairly Valued.


How profitable is ALASKA AIR GROUP INC (ALK) stock?

ALASKA AIR GROUP INC (ALK) has a profitability rating of 5 / 10.


What are the PE and PB ratios of ALASKA AIR GROUP INC (ALK) stock?

The Price/Earnings (PE) ratio for ALASKA AIR GROUP INC (ALK) is 21.09 and the Price/Book (PB) ratio is 1.47.


Is the dividend of ALASKA AIR GROUP INC sustainable?

The dividend rating of ALASKA AIR GROUP INC (ALK) is 0 / 10 and the dividend payout ratio is 0%.