Alaska Air Group, Inc. (ALK) stock
ALKNYSEAir Transportation, ScheduledFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 5/3048% below fair value
$39.05−1.98 (-4.83%)
Close on Nov 12, 2026Market cap $4.36BP/E –Yield –
Alaska Air profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Alaska Air's profit margin for the twelve months ending Sep 30, 2026 was -2.6%. For fiscal 2025 it was 0.7%, against 3.4% the year before. The highest annual figure on record is 13.5% in fiscal 2016.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0.7% | −2.7 |
| FY2024 | Dec 31, 2024 | 3.4% | +1.1 |
| FY2023 | Dec 31, 2023 | 2.3% | +1.7 |
| FY2022 | Dec 31, 2022 | 0.6% | −7.1 |
| FY2021 | Dec 31, 2021 | 7.7% | +44.9 |
| FY2020 | Dec 31, 2020 | -37.1% | −45.9 |
| FY2019 | Dec 31, 2019 | 8.8% | +3.5 |
| FY2018 | Dec 31, 2018 | 5.3% | −6.9 |
| FY2017 | Dec 31, 2017 | 12.2% | −1.3 |
| FY2016 | Dec 31, 2016 | 13.5% | +6.9 |
| FY2010 | Dec 31, 2010 | 6.6% | +3.0 |
| FY2009 | Dec 31, 2009 | 3.6% | +7.3 |
| FY2008 | Dec 31, 2008 | -3.7% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | -3.4% | −5.4 |
| Q2 FY2026 | Jun 30, 2026 | -1.9% | −6.5 |
| Q1 FY2026 | Mar 31, 2026 | -5.8% | −0.6 |
| Q4 FY2025 | Dec 31, 2025 | 0.6% | −1.4 |
| Q3 FY2025 | Sep 30, 2025 | 1.9% | −5.7 |
| Q2 FY2025 | Jun 30, 2025 | 4.6% | −3.0 |
| Q1 FY2025 | Mar 31, 2025 | -5.3% | +0.6 |
| Q4 FY2024 | Dec 31, 2024 | 2.0% | +2.1 |
| Q3 FY2024 | Sep 30, 2024 | 7.7% | +2.8 |
| Q2 FY2024 | Jun 30, 2024 | 7.6% | −0.9 |
| Q1 FY2024 | Mar 31, 2024 | -5.9% | +0.6 |
| Q4 FY2023 | Dec 31, 2023 | -0.1% | −1.0 |
| Q3 FY2023 | Sep 30, 2023 | 4.9% | +3.5 |
| Q2 FY2023 | Jun 30, 2023 | 8.5% | +3.2 |
| Q1 FY2023 | Mar 31, 2023 | -6.5% | +2.0 |
| Q4 FY2022 | Dec 31, 2022 | 0.9% | −0.1 |
| Q3 FY2022 | Sep 30, 2022 | 1.4% | −8.5 |
| Q2 FY2022 | Jun 30, 2022 | 5.2% | −20.8 |
| Q1 FY2022 | Mar 31, 2022 | -8.5% | +7.9 |
| Q4 FY2021 | Dec 31, 2021 | 0.9% | +56.3 |
| Q3 FY2021 | Sep 30, 2021 | 9.9% | +71.4 |
| Q2 FY2021 | Jun 30, 2021 | 26.0% | +76.8 |
| Q1 FY2021 | Mar 31, 2021 | -16.4% | −2.3 |
| Q4 FY2020 | Dec 31, 2020 | -55.3% | −63.4 |
| Q3 FY2020 | Sep 30, 2020 | -61.5% | −75.0 |
| Q2 FY2020 | Jun 30, 2020 | -50.8% | −62.3 |
| Q1 FY2020 | Mar 31, 2020 | -14.2% | −14.4 |
| Q4 FY2019 | Dec 31, 2019 | 8.1% | +7.0 |
| Q3 FY2019 | Sep 30, 2019 | 13.5% | +3.7 |
| Q2 FY2019 | Jun 30, 2019 | 11.5% | +2.5 |
| Q1 FY2019 | Mar 31, 2019 | 0.2% | −0.0 |
| Q4 FY2018 | Dec 31, 2018 | 1.1% | −15.1 |
| Q3 FY2018 | Sep 30, 2018 | 9.8% | −2.5 |
| Q2 FY2018 | Jun 30, 2018 | 9.0% | −5.0 |
| Q1 FY2018 | Mar 31, 2018 | 0.2% | −5.1 |
| Q4 FY2017 | Dec 31, 2017 | 16.2% | +9.8 |
| Q3 FY2017 | Sep 30, 2017 | 12.3% | – |
| Q2 FY2017 | Jun 30, 2017 | 13.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 5.3% | – |
| Q4 FY2016 | Dec 31, 2016 | 6.4% | – |
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