Alaska Air Group (ALK) Financial Statements
Price: $44.51
Market Cap: $5.46B
Avg Volume: 3.52M
Market Cap: $5.46B
Avg Volume: 3.52M
Country: US
Industry: Airlines, Airports & Air Services
Sector: Industrials
Industry: Airlines, Airports & Air Services
Sector: Industrials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Alaska Air Group.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.73B | $10.43B | $9.65B | $6.18B | $3.57B | $8.78B | $8.26B | $7.89B | $5.93B | $5.60B |
| Cost of Revenue | $9.37B | $7.96B | $7.98B | $4.82B | $3.98B | $6.80B | $6.59B | $1.93B | $3.88B | $3.70B |
| Gross Profit | $2.36B | $2.46B | $1.66B | $1.35B | $-414.00M | $1.98B | $1.67B | $5.96B | $2.06B | $1.90B |
| Gross Profit Ratio | 20.12% | 23.62% | 17.23% | 21.92% | -11.61% | 22.54% | 20.24% | 75.54% | 34.67% | 33.89% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $349.00M | $303.00M | $295.00M | $173.00M | $101.00M | $313.00M | $326.00M | $368.00M | $225.00M | $211.00M |
| Selling General and Administrative Expenses | $349.00M | $303.00M | $295.00M | $173.00M | $101.00M | $313.00M | $326.00M | $368.00M | $225.00M | $211.00M |
| Other Expenses | $1.20B | $1.77B | $717.00M | $507.00M | $407.00M | $559.00M | $-23.00M | $-49.00M | $-1.00M | $1.00M |
| Operating Expenses | $1.55B | $2.07B | $1.01B | $680.00M | $508.00M | $872.00M | $898.00M | $4.64B | $590.00M | $567.00M |
| Cost and Expenses | $11.16B | $10.03B | $9.00B | $5.50B | $4.49B | $7.67B | $7.49B | $6.57B | $4.46B | $4.27B |
| Interest Income | $101.00M | $80.00M | $53.00M | $25.00M | $31.00M | $42.00M | $38.00M | $34.00M | $27.00M | $21.00M |
| Interest Expense | $142.00M | $121.00M | $94.00M | $117.00M | $87.00M | $63.00M | $73.00M | $86.00M | $30.00M | $8.00M |
| Depreciation and Amortization | $583.00M | $451.00M | $415.00M | $394.00M | $420.00M | $423.00M | $398.00M | $372.00M | $363.00M | $320.00M |
| EBITDA | $1.27B | $1.27B | $1.20B | $137.00M | $-1.33B | $1.49B | $1.19B | $1.70B | $1.77B | $1.65B |
| EBITDA Ratio | 10.82% | 12.17% | 12.41% | 2.22% | -37.38% | 17.01% | 14.41% | 21.48% | 29.89% | 29.47% |
| Operating Income | $570.00M | $394.00M | $338.00M | $341.00M | $-1.75B | $700.00M | $643.00M | $1.21B | $1.35B | $1.30B |
| Operating Income Ratio | 4.86% | 3.78% | 3.50% | 5.52% | -49.16% | 7.97% | 7.78% | 15.30% | 22.74% | 23.19% |
| Total Other Income Expenses Net | $-25.00M | $-71.00M | $9.00M | $-56.00M | $-65.00M | $-47.00M | $-58.00M | $-49.00M | $39.00M | $14.00M |
| Income Before Tax | $545.00M | $323.00M | $79.00M | $629.00M | $-1.82B | $1.02B | $585.00M | $1.16B | $1.34B | $1.31B |
| Income Before Tax Ratio | 4.64% | 3.10% | 0.82% | 10.18% | -50.98% | 11.57% | 7.08% | 14.68% | 22.68% | 23.44% |
| Income Tax Expense | $150.00M | $88.00M | $21.00M | $151.00M | $-511.00M | $247.00M | $148.00M | $199.00M | $531.00M | $464.00M |
| Net Income | $395.00M | $235.00M | $58.00M | $478.00M | $-1.31B | $769.00M | $437.00M | $960.00M | $814.00M | $848.00M |
| Net Income Ratio | 3.37% | 2.25% | 0.60% | 7.74% | -36.65% | 8.76% | 5.29% | 12.16% | 13.72% | 15.15% |
| EPS | $3.13 | $1.84 | $0.46 | $3.82 | $-10.59 | $6.24 | $3.55 | $7.79 | $6.45 | $6.61 |
| EPS Diluted | $3.08 | $1.83 | $0.45 | $3.77 | $-10.59 | $6.19 | $3.52 | $7.75 | $6.41 | $6.56 |
| Weighted Average Shares Outstanding | 126.14M | 127.38M | 126.66M | 125.06M | 123.45M | 123.28M | 123.23M | 123.21M | 123.56M | 128.37M |
| Weighted Average Shares Outstanding Diluted | 128.37M | 128.71M | 127.90M | 126.78M | 123.45M | 124.29M | 123.97M | 123.85M | 124.39M | 129.37M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.20B | $281.00M | $338.00M | $470.00M | $1.37B | $221.00M | $105.00M | $194.00M | $328.00M | $73.00M |
| Short Term Investments | $1.27B | $1.51B | $2.08B | $2.65B | $1.98B | $1.30B | $1.13B | $1.43B | $1.25B | $1.25B |
| Cash and Short Term Investments | $2.48B | $1.80B | $2.42B | $3.12B | $3.35B | $1.52B | $1.24B | $1.62B | $1.58B | $1.33B |
| Net Receivables | $558.00M | $383.00M | $296.00M | $546.00M | $480.00M | $323.00M | $366.00M | $341.00M | $302.00M | $212.00M |
| Inventory | $199.00M | $116.00M | $104.00M | $62.00M | $57.00M | $72.00M | $60.00M | $57.00M | $47.00M | $51.00M |
| Other Current Assets | $528.00M | $409.00M | $223.00M | $196.00M | $123.00M | $121.00M | $125.00M | $133.00M | $121.00M | $72.00M |
| Total Current Assets | $3.76B | $2.71B | $3.04B | $3.92B | $4.01B | $2.04B | $1.79B | $2.15B | $2.05B | $1.66B |
| Property Plant Equipment Net | $12.08B | $9.58B | $8.82B | $7.59B | $7.61B | $8.61B | $6.78B | $6.28B | $5.69B | $4.80B |
| Goodwill | $2.72B | $- | $2.04B | $2.04B | $1.94B | $1.94B | $1.94B | $1.94B | $1.92B | $- |
| Intangible Assets | $873.00M | $2.03B | $2.04B | $2.04B | $107.00M | $122.00M | $127.00M | $133.00M | $155.00M | $- |
| Goodwill and Intangible Assets | $3.59B | $2.03B | $2.04B | $2.04B | $2.05B | $2.06B | $2.07B | $2.08B | $2.07B | $- |
| Long Term Investments | $-87.00M | $2.00M | $49.00M | $-578.00M | $-407.00M | $-715.00M | $-512.00M | $-1.78B | $304.00M | $- |
| Tax Assets | $90.00M | $1.22B | $574.00M | $578.00M | $407.00M | $715.00M | $512.00M | $-300.00M | $-304.00M | $682.00M |
| Other Non-Current Assets | $247.00M | $290.00M | $-243.00M | $396.00M | $379.00M | $278.00M | $274.00M | $2.31B | $169.00M | $-614.00M |
| Total Non-Current Assets | $16.01B | $13.13B | $11.24B | $10.03B | $10.04B | $10.96B | $9.12B | $8.59B | $7.93B | $4.87B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $19.77B | $15.83B | $14.28B | $13.95B | $14.05B | $12.99B | $10.91B | $10.75B | $9.98B | $6.53B |
| Account Payables | $186.00M | $207.00M | $221.00M | $200.00M | $108.00M | $146.00M | $132.00M | $120.00M | $92.00M | $63.00M |
| Short Term Debt | $657.00M | $511.00M | $504.00M | $634.00M | $1.44B | $509.00M | $486.00M | $307.00M | $319.00M | $114.00M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $688.00M | $2.30B | $2.08B | $1.07B | $900.00M | $788.00M | $1.44B | $849.00M | $669.00M |
| Other Current Liabilities | $5.30B | $3.05B | $2.31B | $1.71B | $2.75B | $2.55B | $2.32B | $818.00M | $1.27B | $959.00M |
| Total Current Liabilities | $6.14B | $4.46B | $4.51B | $3.99B | $4.27B | $3.20B | $2.94B | $2.69B | $2.54B | $1.81B |
| Long Term Debt | $5.74B | $3.31B | $3.28B | $3.45B | $3.62B | $2.70B | $1.62B | $2.26B | $2.65B | $569.00M |
| Deferred Revenue Non-Current | $- | $- | $1.37B | $1.45B | $1.54B | $1.24B | $1.17B | $1.09B | $640.00M | $431.00M |
| Deferred Tax Liabilities Non-Current | $- | $- | $574.00M | $578.00M | $407.00M | $715.00M | $512.00M | $370.00M | $463.00M | $682.00M |
| Other Non-Current Liabilities | $3.52B | $3.96B | $653.00M | $683.00M | $1.19B | $803.00M | $921.00M | $878.00M | $748.00M | $630.00M |
| Total Non-Current Liabilities | $9.25B | $7.26B | $5.95B | $6.16B | $6.77B | $5.46B | $4.22B | $4.60B | $4.51B | $2.32B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $15.40B | $11.72B | $10.46B | $10.15B | $11.04B | $8.66B | $7.16B | $7.29B | $7.05B | $4.12B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M |
| Retained Earnings | $4.93B | $4.54B | $4.30B | $4.24B | $3.76B | $5.13B | $4.53B | $4.19B | $3.57B | $2.89B |
| Accumulated Other Comprehensive Income Loss | $-239.00M | $-299.00M | $-388.00M | $-262.00M | $-494.00M | $-465.00M | $-448.00M | $-380.00M | $-305.00M | $-303.00M |
| Other Total Stockholders Equity | $-320.00M | $-124.00M | $-97.00M | $-180.00M | $-283.00M | $-338.00M | $-336.00M | $-354.00M | $-333.00M | $-177.00M |
| Total Stockholders Equity | $4.37B | $4.11B | $3.82B | $3.80B | $3.00B | $4.33B | $3.75B | $3.46B | $2.93B | $2.41B |
| Total Equity | $4.37B | $4.11B | $3.82B | $3.80B | $3.00B | $4.33B | $3.75B | $3.46B | $2.93B | $2.41B |
| Total Liabilities and Stockholders Equity | $19.77B | $14.61B | $14.28B | $13.95B | $14.05B | $12.99B | $10.91B | $10.75B | $9.98B | $6.53B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $19.77B | $14.61B | $14.28B | $13.95B | $14.05B | $12.99B | $10.91B | $10.75B | $9.98B | $6.53B |
| Total Investments | $1.27B | $1.51B | $2.08B | $2.65B | $1.98B | $1.30B | $1.13B | $1.43B | $1.25B | $1.25B |
| Total Debt | $6.39B | $3.82B | $3.88B | $4.09B | $5.05B | $3.21B | $2.10B | $2.26B | $2.96B | $686.00M |
| Net Debt | $5.19B | $3.54B | $3.54B | $3.62B | $3.68B | $2.99B | $2.00B | $2.07B | $2.63B | $613.00M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $395.00M | $235.00M | $58.00M | $478.00M | $-1.32B | $769.00M | $437.00M | $1.03B | $814.00M | $848.00M |
| Depreciation and Amortization | $583.00M | $451.00M | $415.00M | $394.00M | $420.00M | $423.00M | $398.00M | $372.00M | $363.00M | $320.00M |
| Deferred Income Tax | $- | $- | $22.00M | $-445.00M | $627.00M | $209.00M | $146.00M | $45.00M | $94.00M | $- |
| Stock Based Compensation | $- | $59.00M | $42.00M | $51.00M | $24.00M | $29.00M | $47.00M | $55.00M | $26.00M | $25.00M |
| Change in Working Capital | $492.00M | $-286.00M | $407.00M | $118.00M | $-201.00M | $501.00M | $313.00M | $129.00M | $183.00M | $391.00M |
| Accounts Receivables | $- | $- | $-45.00M | $-66.00M | $-160.00M | $43.00M | $-25.00M | $-39.00M | $-46.00M | $47.00M |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $492.00M | $-286.00M | $452.00M | $184.00M | $-41.00M | $458.00M | $338.00M | $168.00M | $229.00M | $344.00M |
| Other Non Cash Items | $-6.00M | $591.00M | $474.00M | $434.00M | $220.00M | $-209.00M | $868.00M | $838.00M | $798.00M | $159.00M |
| Net Cash Provided by Operating Activities | $1.46B | $1.05B | $1.42B | $1.03B | $-234.00M | $1.72B | $1.20B | $1.59B | $1.39B | $1.58B |
| Investments in Property Plant and Equipment | $-1.28B | $-1.49B | $-1.67B | $-292.00M | $-206.00M | $-696.00M | $-960.00M | $-1.03B | $-678.00M | $-831.00M |
| Acquisitions Net | $-659.00M | $- | $4.00M | $706.00M | $279.00M | $- | $47.00M | $78.00M | $-1.95B | $- |
| Purchases of Investments | $- | $- | $-1.80B | $-4.30B | $-2.96B | $-1.81B | $-834.00M | $-1.57B | $-960.00M | $-1.33B |
| Sales Maturities of Investments | $- | $- | $2.25B | $3.60B | $2.32B | $1.67B | $1.12B | $1.39B | $962.00M | $1.18B |
| Other Investing Activities | $1.31B | $530.00M | $-6.00M | $-716.00M | $-22.00M | $41.00M | $47.00M | $75.00M | $5.00M | $53.00M |
| Net Cash Used for Investing Activities | $-634.00M | $-964.00M | $-1.22B | $-1.01B | $-593.00M | $-791.00M | $-631.00M | $-1.13B | $-2.62B | $-930.00M |
| Debt Repayment | $- | $129.00M | $-385.00M | $-971.00M | $2.00B | $-608.00M | $-468.00M | $-397.00M | $1.79B | $-116.00M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $-137.00M | $- | $- | $-31.00M | $-75.00M | $-50.00M | $-75.00M | $-193.00M | $-505.00M |
| Dividends Paid | $- | $- | $- | $- | $-45.00M | $-173.00M | $-158.00M | $-148.00M | $-136.00M | $-102.00M |
| Other Financing Activities | $119.00M | $-139.00M | $60.00M | $57.00M | $58.00M | $43.00M | $29.00M | $28.00M | $25.00M | $35.00M |
| Net Cash Used Provided by Financing Activities | $119.00M | $-147.00M | $-325.00M | $-914.00M | $1.98B | $-813.00M | $-647.00M | $-592.00M | $1.49B | $-688.00M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $949.00M | $-61.00M | $-125.00M | $-892.00M | $1.15B | $118.00M | $-83.00M | $-134.00M | $255.00M | $-34.00M |
| Cash at End of Period | $1.26B | $308.00M | $369.00M | $494.00M | $1.39B | $232.00M | $114.00M | $194.00M | $328.00M | $73.00M |
| Cash at Beginning of Period | $308.00M | $369.00M | $494.00M | $1.39B | $232.00M | $114.00M | $197.00M | $328.00M | $73.00M | $107.00M |
| Operating Cash Flow | $1.46B | $1.05B | $1.42B | $1.03B | $-234.00M | $1.72B | $1.20B | $1.59B | $1.39B | $1.58B |
| Capital Expenditure | $-1.28B | $-1.49B | $-1.67B | $-292.00M | $-206.00M | $-696.00M | $-960.00M | $-1.03B | $-678.00M | $-831.00M |
| Free Cash Flow | $183.00M | $-444.00M | $-253.00M | $738.00M | $-440.00M | $1.03B | $235.00M | $564.00M | $708.00M | $753.00M |