ALASKA AIR GROUP INC (ALK) Stock Fundamental Analysis

NYSE:ALK • US0116591092

55.27 USD
-0.42 (-0.75%)
At close: Feb 13, 2026
55.35 USD
+0.08 (+0.14%)
After Hours: 2/13/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

ALK gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 22 industry peers in the Passenger Airlines industry. There are concerns on the financial health of ALK while its profitability can be described as average. ALK has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • ALK had positive earnings in the past year.
  • In the past year ALK had a positive cash flow from operations.
  • Each year in the past 5 years ALK has been profitable.
  • Each year in the past 5 years ALK had a positive operating cash flow.
ALK Yearly Net Income VS EBIT VS OCF VS FCFALK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B

1.2 Ratios

  • ALK has a Return On Assets of 0.49%. This is comparable to the rest of the industry: ALK outperforms 59.09% of its industry peers.
  • ALK has a Return On Equity of 2.43%. This is in the better half of the industry: ALK outperforms 63.64% of its industry peers.
  • ALK's Return On Invested Capital of 2.83% is in line compared to the rest of the industry. ALK outperforms 50.00% of its industry peers.
  • ALK had an Average Return On Invested Capital over the past 3 years of 4.46%. This is significantly below the industry average of 20.70%.
Industry RankSector Rank
ROA 0.49%
ROE 2.43%
ROIC 2.83%
ROA(3y)1.37%
ROA(5y)1.59%
ROE(3y)5.73%
ROE(5y)6.25%
ROIC(3y)4.46%
ROIC(5y)N/A
ALK Yearly ROA, ROE, ROICALK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40

1.3 Margins

  • ALK has a Profit Margin (0.70%) which is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of ALK has grown nicely.
  • ALK has a Operating Margin of 3.88%. This is comparable to the rest of the industry: ALK outperforms 54.55% of its industry peers.
  • ALK's Operating Margin has declined in the last couple of years.
  • The Gross Margin of ALK (55.09%) is comparable to the rest of the industry.
  • ALK's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 3.88%
PM (TTM) 0.7%
GM 55.09%
OM growth 3Y-16.78%
OM growth 5YN/A
PM growth 3Y5.31%
PM growth 5YN/A
GM growth 3Y2%
GM growth 5Y6.62%
ALK Yearly Profit, Operating, Gross MarginsALK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • ALK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, ALK has less shares outstanding
  • Compared to 5 years ago, ALK has less shares outstanding
  • Compared to 1 year ago, ALK has a worse debt to assets ratio.
ALK Yearly Shares OutstandingALK Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
ALK Yearly Total Debt VS Total AssetsALK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

2.2 Solvency

  • ALK has an Altman-Z score of 1.18. This is a bad value and indicates that ALK is not financially healthy and even has some risk of bankruptcy.
  • ALK's Altman-Z score of 1.18 is fine compared to the rest of the industry. ALK outperforms 63.64% of its industry peers.
  • ALK has a Debt/Equity ratio of 1.17. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of ALK (1.17) is better than 63.64% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.17
Debt/FCF N/A
Altman-Z 1.18
ROIC/WACC0.33
WACC8.7%
ALK Yearly LT Debt VS Equity VS FCFALK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B 4B

2.3 Liquidity

  • ALK has a Current Ratio of 0.50. This is a bad value and indicates that ALK is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of ALK (0.50) is worse than 63.64% of its industry peers.
  • ALK has a Quick Ratio of 0.50. This is a bad value and indicates that ALK is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.46, ALK is in line with its industry, outperforming 45.45% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.5
Quick Ratio 0.46
ALK Yearly Current Assets VS Current LiabilitesALK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The earnings per share for ALK have decreased strongly by -48.66% in the last year.
  • ALK shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -16.71% yearly.
  • Looking at the last year, ALK shows a very strong growth in Revenue. The Revenue has grown by 21.34%.
  • Measured over the past years, ALK shows a very strong growth in Revenue. The Revenue has been growing by 31.90% on average per year.
EPS 1Y (TTM)-48.66%
EPS 3Y-16.71%
EPS 5YN/A
EPS Q2Q%-55.67%
Revenue 1Y (TTM)21.34%
Revenue growth 3Y13.86%
Revenue growth 5Y31.9%
Sales Q2Q%2.77%

3.2 Future

  • Based on estimates for the next years, ALK will show a very strong growth in Earnings Per Share. The EPS will grow by 59.19% on average per year.
  • ALK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.15% yearly.
EPS Next Y119.21%
EPS Next 2Y83.69%
EPS Next 3Y59.19%
EPS Next 5YN/A
Revenue Next Year7.55%
Revenue Next 2Y6.77%
Revenue Next 3Y6.15%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
ALK Yearly Revenue VS EstimatesALK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5B 10B 15B
ALK Yearly EPS VS EstimatesALK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 5 -5 10 -10

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 22.20, which indicates a rather expensive current valuation of ALK.
  • Based on the Price/Earnings ratio, ALK is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
  • ALK is valuated rather cheaply when we compare the Price/Earnings ratio to 27.97, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 10.13 indicates a reasonable valuation of ALK.
  • Based on the Price/Forward Earnings ratio, ALK is valued a bit cheaper than 77.27% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of ALK to the average of the S&P500 Index (27.96), we can say ALK is valued rather cheaply.
Industry RankSector Rank
PE 22.2
Fwd PE 10.13
ALK Price Earnings VS Forward Price EarningsALK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
ALK Per share dataALK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as ALK's earnings are expected to grow with 59.19% in the coming years.
PEG (NY)0.19
PEG (5Y)N/A
EPS Next 2Y83.69%
EPS Next 3Y59.19%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • ALK does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

ALASKA AIR GROUP INC

NYSE:ALK (2/13/2026, 8:04:00 PM)

After market: 55.35 +0.08 (+0.14%)

55.27

-0.42 (-0.75%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)01-22
Earnings (Next)04-21
Inst Owners91.48%
Inst Owner Change1.41%
Ins Owners0.57%
Ins Owner Change-0.39%
Market Cap6.41B
Revenue(TTM)14.24B
Net Income(TTM)100.00M
Analysts82.86
Price Target71.57 (29.49%)
Short Float %6.45%
Short Ratio2.12
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)120.98%
Min EPS beat(2)-7.79%
Max EPS beat(2)249.74%
EPS beat(4)2
Avg EPS beat(4)63.61%
Min EPS beat(4)-7.79%
Max EPS beat(4)249.74%
EPS beat(8)6
Avg EPS beat(8)49.07%
EPS beat(12)8
Avg EPS beat(12)36.3%
EPS beat(16)11
Avg EPS beat(16)28.77%
Revenue beat(2)0
Avg Revenue beat(2)-0.99%
Min Revenue beat(2)-1.28%
Max Revenue beat(2)-0.71%
Revenue beat(4)1
Avg Revenue beat(4)-0.95%
Min Revenue beat(4)-2%
Max Revenue beat(4)0.19%
Revenue beat(8)4
Avg Revenue beat(8)-0.17%
Revenue beat(12)5
Avg Revenue beat(12)-0.5%
Revenue beat(16)7
Avg Revenue beat(16)-0.43%
PT rev (1m)7.12%
PT rev (3m)8.92%
EPS NQ rev (1m)-33.03%
EPS NQ rev (3m)-65.12%
EPS NY rev (1m)-2.9%
EPS NY rev (3m)1.02%
Revenue NQ rev (1m)-0.57%
Revenue NQ rev (3m)-1.07%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)0.18%
Valuation
Industry RankSector Rank
PE 22.2
Fwd PE 10.13
P/S 0.45
P/FCF N/A
P/OCF 5.13
P/B 1.56
P/tB 11.05
EV/EBITDA N/A
EPS(TTM)2.49
EY4.51%
EPS(NY)5.46
Fwd EY9.88%
FCF(TTM)-2.92
FCFYN/A
OCF(TTM)10.77
OCFY19.48%
SpS122.76
BVpS35.5
TBVpS5
PEG (NY)0.19
PEG (5Y)N/A
Graham Number44.6
Profitability
Industry RankSector Rank
ROA 0.49%
ROE 2.43%
ROCE 4.02%
ROIC 2.83%
ROICexc 3.35%
ROICexgc 4.81%
OM 3.88%
PM (TTM) 0.7%
GM 55.09%
FCFM N/A
ROA(3y)1.37%
ROA(5y)1.59%
ROE(3y)5.73%
ROE(5y)6.25%
ROIC(3y)4.46%
ROIC(5y)N/A
ROICexc(3y)5.4%
ROICexc(5y)N/A
ROICexgc(3y)7.56%
ROICexgc(5y)N/A
ROCE(3y)6.33%
ROCE(5y)N/A
ROICexgc growth 3Y-18.1%
ROICexgc growth 5YN/A
ROICexc growth 3Y-19%
ROICexc growth 5YN/A
OM growth 3Y-16.78%
OM growth 5YN/A
PM growth 3Y5.31%
PM growth 5YN/A
GM growth 3Y2%
GM growth 5Y6.62%
F-Score4
Asset Turnover0.7
Health
Industry RankSector Rank
Debt/Equity 1.17
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 11.15%
Interest Coverage 250
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.5
Quick Ratio 0.46
Altman-Z 1.18
F-Score4
WACC8.7%
ROIC/WACC0.33
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)12.13%
Cap/Sales(5y)11.69%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-48.66%
EPS 3Y-16.71%
EPS 5YN/A
EPS Q2Q%-55.67%
EPS Next Y119.21%
EPS Next 2Y83.69%
EPS Next 3Y59.19%
EPS Next 5YN/A
Revenue 1Y (TTM)21.34%
Revenue growth 3Y13.86%
Revenue growth 5Y31.9%
Sales Q2Q%2.77%
Revenue Next Year7.55%
Revenue Next 2Y6.77%
Revenue Next 3Y6.15%
Revenue Next 5YN/A
EBIT growth 1Y-39.56%
EBIT growth 3Y-5.24%
EBIT growth 5YN/A
EBIT Next Year268.76%
EBIT Next 3Y61.4%
EBIT Next 5YN/A
FCF growth 1Y-285.25%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-14.69%
OCF growth 3Y-4.14%
OCF growth 5YN/A

ALASKA AIR GROUP INC / ALK FAQ

What is the ChartMill fundamental rating of ALASKA AIR GROUP INC (ALK) stock?

ChartMill assigns a fundamental rating of 4 / 10 to ALK.


Can you provide the valuation status for ALASKA AIR GROUP INC?

ChartMill assigns a valuation rating of 5 / 10 to ALASKA AIR GROUP INC (ALK). This can be considered as Fairly Valued.


How profitable is ALASKA AIR GROUP INC (ALK) stock?

ALASKA AIR GROUP INC (ALK) has a profitability rating of 5 / 10.


What are the PE and PB ratios of ALASKA AIR GROUP INC (ALK) stock?

The Price/Earnings (PE) ratio for ALASKA AIR GROUP INC (ALK) is 22.2 and the Price/Book (PB) ratio is 1.56.


Is the dividend of ALASKA AIR GROUP INC sustainable?

The dividend rating of ALASKA AIR GROUP INC (ALK) is 0 / 10 and the dividend payout ratio is 0%.