Alaska Air (ALK) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
11.7B
Gross Profit
2.1B
18.05%
Operating Income
915.0M
7.80%
Net Income
395.0M
3.37%
EPS (Diluted)
$3.08
Balance Sheet Metrics
Total Assets
19.8B
Total Liabilities
15.4B
Shareholders Equity
4.4B
Debt to Equity
3.52
Cash Flow Metrics
Operating Cash Flow
1.5B
Free Cash Flow
183.0M
Revenue & Profitability Trend
Alaska Air Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 11.7B | - | 9.6B | 6.2B | 3.6B |
| Cost of Goods Sold | 9.6B | - | 8.0B | 4.8B | 4.0B |
| Gross Profit | 2.1B | - | 1.7B | 1.4B | -414.0M |
| Operating Expenses | 1.2B | 0 | 1.0B | 680.0M | 508.0M |
| Operating Income | 915.0M | - | 650.0M | 674.0M | -922.0M |
| Pre-tax Income | 545.0M | - | 79.0M | 629.0M | -1.8B |
| Income Tax | 150.0M | - | 21.0M | 151.0M | -516.0M |
| Net Income | 395.0M | - | 58.0M | 478.0M | -1.3B |
| EPS (Diluted) | $3.08 | $1.83 | $0.45 | $3.77 | -$10.59 |
Income Statement Trend
Alaska Air Balance Sheet From 2019 to 2024
| Metric | 2024 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 3.8B | 3.0B | 3.9B | 4.0B | 2.0B |
| Non-Current Assets | 16.0B | 11.1B | 10.0B | 10.0B | 11.0B |
| Total Assets | 19.8B | 14.2B | 14.0B | 14.0B | 13.0B |
| Liabilities | |||||
| Current Liabilities | 6.1B | 4.5B | 4.0B | 4.3B | 3.2B |
| Non-Current Liabilities | 9.3B | 5.9B | 6.2B | 6.8B | 5.5B |
| Total Liabilities | 15.4B | 10.4B | 10.2B | 11.1B | 8.7B |
| Equity | |||||
| Total Shareholders Equity | 4.4B | 3.8B | 3.8B | 3.0B | 4.3B |
Balance Sheet Composition
Alaska Air Cash Flow Statement From 2019 to 2024
| Metric | 2024 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 395.0M | 58.0M | 478.0M | -1.3B | 769.0M |
| Operating Cash Flow | 1.5B | 922.0M | 1.0B | -861.0M | 1.7B |
| Investing Activities | |||||
| Capital Expenditures | -1.3B | -1.7B | -292.0M | -222.0M | -696.0M |
| Investing Cash Flow | -634.0M | -1.2B | -1.0B | -593.0M | -791.0M |
| Financing Activities | |||||
| Dividends Paid | - | 0 | 0 | -45.0M | -173.0M |
| Financing Cash Flow | 119.0M | -325.0M | -914.0M | 2.0B | -813.0M |
| Free Cash Flow | 183.0M | -253.0M | 738.0M | -456.0M | 1.0B |
Cash Flow Trend
Alaska Air Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
17.17
Forward P/E
8.84
Price to Book
1.42
Price to Sales
0.46
PEG Ratio
8.84
Profitability Ratios
Profit Margin
2.86%
Operating Margin
-3.51%
Return on Equity
8.90%
Return on Assets
3.34%
Financial Health
Current Ratio
0.56
Debt to Equity
151.70
Beta
1.44
Per Share Data
EPS (TTM)
$2.78
Book Value per Share
$33.67
Revenue per Share
$100.78
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| alk | 5.8B | 17.17 | 1.42 | 8.90% | 2.86% | 151.70 |
| Delta Air Lines | 32.1B | 8.72 | 2.06 | 27.52% | 5.91% | 151.36 |
| United Airlines | 25.8B | 7.19 | 2.05 | 33.57% | 6.34% | 260.98 |
| American Airlines | 7.3B | 11.06 | -1.59 | -21.27% | 1.26% | -8.12 |
| Copa Holdings S.A | 4.2B | 7.01 | 1.71 | 26.06% | 17.64% | 78.15 |
| SkyWest | 4.0B | 11.19 | 1.60 | 15.66% | 9.89% | 106.83 |
Financial data is updated regularly. All figures are in the company's reporting currency.