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Alaska Air Group (ALK)

NYSE Industrials Passenger Airlines S&P MidCap 400
$38.94
+0.24 (+0.62%)
Close of Nov 06, 2026 · end-of-day data
Source: Alaska Air Group's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$5.92B$7.89B$8.26B$8.78B$3.57B$6.18B$9.65B$10.43B$11.73B$14.24B
Operating income$1.31B$1.21B$643.00M$1.06B-$1.77B$685.00M$70.00M$394.00M$570.00M$303.00M
Interest expense$55.00M$103.00M$91.00M$78.00M$98.00M$128.00M$108.00M$121.00M$171.00M$272.00M
Pre-tax income$1.32B$1.16B$585.00M$1.02B-$1.84B$629.00M$79.00M$323.00M$545.00M$146.00M
Income tax$519.00M$199.00M$148.00M$247.00M-$516.00M$151.00M$21.00M$88.00M$150.00M$46.00M
Net income$797.00M$960.00M$437.00M$769.00M-$1.32B$478.00M$58.00M$235.00M$395.00M$100.00M
EBITDA$1.67B$1.58B$1.04B$1.49B-$1.35B$1.08B$485.00M$845.00M$1.15B$1.10B
EPS (basic)$6.45$7.79$3.55$6.24$-10.72$3.82$0.46$1.84$3.13$0.85
EPS (diluted)$6.41$7.75$3.52$6.19$-10.72$3.77$0.45$1.83$3.08$0.83
Diluted shares124.39M123.85M123.97M124.29M123.45M126.78M127.90M128.71M128.37M119.93M
Operating margin22.0%15.3%7.8%12.1%-49.8%11.1%0.7%3.8%4.9%2.1%
Net margin13.5%12.2%5.3%8.8%-37.1%7.7%0.6%2.3%3.4%0.7%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$328.00M$194.00M$105.00M$221.00M$1.37B$470.00M$338.00M$281.00M$1.20B$627.00M
Short-term investments$1.25B$1.43B$1.13B$1.30B$1.98B$2.65B$2.08B$1.51B$1.27B$1.50B
Receivables$302.00M$341.00M$366.00M$323.00M$480.00M$546.00M$296.00M$383.00M$558.00M$565.00M
Inventory$47.00M$57.00M$60.00M$72.00M$57.00M$62.00M$104.00M$116.00M$199.00M$203.00M
Total current assets$2.05B$2.15B$1.79B$2.04B$4.01B$3.92B$3.04B$2.71B$3.76B$3.27B
Goodwill$1.93B$1.94B$1.94B$1.94B$2.05B$2.04B$2.04B$1.94B$2.72B$2.72B
Total assets$9.96B$10.75B$10.91B$12.99B$14.05B$13.95B$14.19B$14.61B$19.77B$20.36B
Total current liabilities$2.54B$2.69B$2.94B$3.20B$4.29B$3.99B$4.49B$4.46B$6.14B$6.59B
Short-term debt$319.00M$307.00M$486.00M$235.00M$1.14B$366.00M$276.00M$353.00M$442.00M$540.00M
Long-term debt$2.65B$2.26B$1.62B$1.26B$2.36B$2.17B$1.88B$2.18B$4.49B$4.77B
Total debt$2.96B$2.57B$2.10B$1.50B$3.50B$2.54B$2.16B$2.54B$4.93B$5.31B
Total liabilities$7.22B$7.29B$7.16B$8.66B$11.06B$10.15B$10.37B$10.50B$15.40B$16.24B
Shareholders' equity$2.74B$3.46B$3.75B$4.33B$2.99B$3.80B$3.82B$4.11B$4.37B$4.12B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$1.39B$1.59B$1.20B$1.72B-$234.00M$1.03B$1.42B$1.05B$1.46B$1.25B
Capital expenditures$678.00M$1.03B$960.00M$696.00M$222.00M$292.00M$1.67B$1.49B——
Free cash flow$708.00M$564.00M$235.00M$1.03B-$456.00M$738.00M-$253.00M-$444.00M$1.46B$1.25B
Investing cash flow-$2.62B-$1.13B-$631.00M-$791.00M-$593.00M-$1.01B-$1.22B-$964.00M-$634.00M-$1.62B
Financing cash flow$1.49B-$592.00M-$647.00M-$813.00M$1.98B-$914.00M-$325.00M-$147.00M$119.00M-$199.00M
Dividends paid$136.00M$148.00M$158.00M$173.00M$45.00M$0$0———
Share buybacks$193.00M$75.00M$50.00M$75.00M$31.00M$0$0$137.00M$312.00M$570.00M
Stock-based compensation$26.00M$55.00M$47.00M$29.00M$24.00M$51.00M$42.00M$85.00M$63.00M$10.00M
Depreciation & amortization$363.00M$372.00M$398.00M$423.00M$420.00M$394.00M$415.00M$451.00M$583.00M$795.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.