Financials Alaska Air Group, Inc.

Equities

ALK

US0116591092

Airlines

Market Closed - Nyse 01:30:01 15/06/2024 am IST 5-day change 1st Jan Change
40.33 USD -1.66% Intraday chart for Alaska Air Group, Inc. -1.01% +3.22%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 8,345 6,431 6,529 5,446 5,003 5,118 - -
Enterprise Value (EV) 1 8,323 6,580 7,499 6,904 7,030 7,204 6,970 6,556
P/E ratio 10.9 x -4.91 x 13.8 x 95.4 x 21.3 x 8.75 x 6.68 x 5.68 x
Yield 2.07% 0.72% - - - - - -
Capitalization / Revenue 0.95 x 1.8 x 1.06 x 0.56 x 0.48 x 0.47 x 0.44 x 0.41 x
EV / Revenue 0.95 x 1.85 x 1.21 x 0.72 x 0.67 x 0.66 x 0.6 x 0.53 x
EV / EBITDA 4.49 x -6.8 x 20.8 x 4.82 x 4.65 x 4.6 x 3.76 x 3.16 x
EV / FCF 8.32 x -15 x 10.2 x -27.3 x -15.8 x -28.3 x 34 x -
FCF Yield 12% -6.69% 9.84% -3.66% -6.32% -3.54% 2.94% -
Price to Book 1.93 x 2.15 x 1.73 x 1.44 x 1.2 x 1.11 x 0.93 x 0.8 x
Nbr of stocks (in thousands) 1,23,173 1,23,664 1,25,311 1,26,838 1,28,053 1,26,892 - -
Reference price 2 67.75 52.00 52.10 42.94 39.07 40.33 40.33 40.33
Announcement Date 28/01/20 26/01/21 27/01/22 26/01/23 25/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,781 3,566 6,176 9,646 10,426 10,921 11,608 12,387
EBITDA 1 1,855 -967 361 1,432 1,512 1,565 1,854 2,077
EBIT 1 1,101 -1,686 -287 726 853 842.6 1,117 1,317
Operating Margin 12.54% -47.28% -4.65% 7.53% 8.18% 7.72% 9.62% 10.63%
Earnings before Tax (EBT) 1 1,016 -1,818 629 79 323 804.2 1,052 1,230
Net income 1 769 -1,307 478 58 235 587.6 785.6 913.6
Net margin 8.76% -36.65% 7.74% 0.6% 2.25% 5.38% 6.77% 7.38%
EPS 2 6.190 -10.59 3.770 0.4500 1.830 4.610 6.037 7.100
Free Cash Flow 1 1,000 -440 738 -253 -444 -255 205 -
FCF margin 11.39% -12.34% 11.95% -2.62% -4.26% -2.33% 1.77% -
FCF Conversion (EBITDA) 53.91% - 204.43% - - - 11.06% -
FCF Conversion (Net income) 130.04% - 154.39% - - - 26.1% -
Dividend per Share 2 1.400 0.3750 - - - - - -
Announcement Date 28/01/20 26/01/21 27/01/22 26/01/23 25/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,899 1,681 2,658 2,828 2,479 2,196 2,838 2,839 2,553 2,232 2,971 3,003 2,705 2,444
EBITDA 1 222 -59 550 618 323 61 691 501 253 28 591.6 572.4 373.7 -
EBIT 1 56 -234 373 438 149 -102 524 340 85 -145 407.6 384.9 182.5 35.71
Operating Margin 2.95% -13.92% 14.03% 15.49% 6.01% -4.64% 18.46% 11.98% 3.33% -6.5% 13.72% 12.82% 6.75% 1.46%
Earnings before Tax (EBT) 1 29 -206 185 65 35 -199 325 193 4 -178 396.3 408.2 158.9 -
Net income 1 18 -143 139 40 22 -142 240 139 -2 -132 293 303 118.2 23.33
Net margin 0.95% -8.51% 5.23% 1.41% 0.89% -6.47% 8.46% 4.9% -0.08% -5.91% 9.86% 10.09% 4.37% 0.95%
EPS 2 0.1400 -1.140 1.090 0.3100 0.1700 -1.110 1.860 1.080 -0.0200 -1.050 2.300 2.377 0.9300 -
Dividend per Share 2 - - - - - - - - - - - - - -
Announcement Date 27/01/22 21/04/22 21/07/22 20/10/22 26/01/23 20/04/23 25/07/23 19/10/23 25/01/24 18/04/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 149 970 1,458 2,027 2,087 1,852 1,438
Net Cash position 1 22 - - - - - - -
Leverage (Debt/EBITDA) - -0.1541 x 2.687 x 1.018 x 1.341 x 1.333 x 0.9993 x 0.6923 x
Free Cash Flow 1 1,000 -440 738 -253 -444 -255 205 -
ROE (net income / shareholders' equity) 19.7% -34.2% -7.54% 14.6% 14.7% 13.4% 15.4% 15.6%
ROA (Net income/ Total Assets) 6.43% -9.29% -1.83% 3.94% 4.05% 3.65% 4.71% 5.58%
Assets 1 11,953 14,068 -26,137 1,472 5,804 16,108 16,691 16,388
Book Value Per Share 2 35.10 24.20 30.20 29.90 32.60 36.20 43.20 50.40
Cash Flow per Share 2 13.70 -1.900 8.120 11.10 8.160 8.490 11.80 11.60
Capex 1 696 206 292 1,671 1,494 1,313 1,190 1,809
Capex / Sales 7.93% 5.78% 4.73% 17.32% 14.33% 12.02% 10.25% 14.6%
Announcement Date 28/01/20 26/01/21 27/01/22 26/01/23 25/01/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
40.33 USD
Average target price
55.73 USD
Spread / Average Target
+38.18%
Consensus
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  4. Financials Alaska Air Group, Inc.