Touchstone
Last syncNov 1, 2026, 6:55 PM ET

ALK

Alaska Air Group, Inc. Industrials Air Transportation, Scheduled Russell 3000
$35.71Close $4.1BMarket cap $33.54 – $60.2152-week range Jan 19, 2027Next report · estimated

Highlights

Cautions

  • Not in an uptrend 0 of 8 trend conditions
  • Lagging the market RS 14 · weaker than 86% of stocks over 12 months
  • Far from its high 41% below its 52-week high
  • Earnings shrinking EPS −148% year on year
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 4, 2026
Off 12-month high 41%
1wk up 3.8% price change
1mo down 7.7% price change
12-month return down 12% market up 11% · its own down 25%
F-score — — Not assessed
Altman Z″ 0.10 Elevated risk
P/E 41.3× price / earnings
PEG — P/E / EPS growth
P/B 1.0× price / book
Earnings yield up 3.7% EBIT / enterprise value
Cheaper than 81% of the market · markedly cheap
Revenue growth up 21% year on year
EPS growth down 148% latest quarter
Sales growth up 10% latest quarter · +5 pts
ROE up 2% return on equity
Free cash margin up 9% $1.2B FCF
D/E 1.16 long-term debt / equity
Net debt / EBITDA 3.8×
Interest cover —EBIT / interest

Trade setup

ATR% 4.5% $1.62 a day · 2×ATR $32.48
RS 14 / 99 vs the universe
Trend 0 / 8 trend template
Relative volume 0.9× vs 50-day average
Up/down volume 0.83 50 sessions
Implied move — no scheduled report
Trend template · 0 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
Last reported Oct 20, 2026
Results reaction Oct 20, 2026-2% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $14.2B +21% on FY2024
$0 $20B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $3.6B FY2021 · $6.2B FY2022 · $9.6B FY2023 · $10.4B FY2024 · $11.7B FY2025 · $14.2B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $100.0M -75% on FY2024
-$2B $0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$1.3B FY2021 · $478.0M FY2022 · $58.0M FY2023 · $235.0M FY2024 · $395.0M FY2025 · $100.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $1.2B -15% on FY2024
-$500M $0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$456.0M FY2021 · $738.0M FY2022 · -$253.0M FY2023 · -$444.0M FY2024 · $1.5B FY2025 · $1.2B
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net 1%
  • Free cash 9%
-50% 0% 20% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net -37% · Free cash -13% FY2021 · Net 8% · Free cash 12% FY2022 · Net 1% · Free cash -3% FY2023 · Net 2% · Free cash -4% FY2024 · Net 3% · Free cash 12% FY2025 · Net 1% · Free cash 9%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $4.1B net debt
  • Cash
  • Long-term debt
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $1.4B · Long-term debt $2.4B FY2021 · Cash $470.0M · Long-term debt $2.2B FY2022 · Cash $338.0M · Long-term debt $1.9B FY2023 · Cash $281.0M · Long-term debt $2.2B FY2024 · Cash $1.2B · Long-term debt $4.5B FY2025 · Cash $627.0M · Long-term debt $4.8B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 115.53m -7.0% since FY2020
127.53m 115.53m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 124.22m FY2021 · 125.91m FY2022 · 127.53m FY2023 · 126.09m FY2024 · 123.12m FY2025 · 115.53m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $3.6B $6.2B $9.6B $10.4B $11.7B $14.2B
Operating income -$1.8B $685.0M $70.0M $394.0M $570.0M $303.0M
Net income -$1.3B $478.0M $58.0M $235.0M $395.0M $100.0M
Net margin -37% 8% 1% 2% 3% 1%
Earnings per share -$10.72 $3.77 $0.45 $1.83 $3.08 $0.83
Free cash flow -$456.0M $738.0M -$253.0M -$444.0M $1.5B $1.2B
Free cash margin -13% 12% -3% -4% 12% 9%
Cash $1.4B $470.0M $338.0M $281.0M $1.2B $627.0M
Long-term debt $2.4B $2.2B $1.9B $2.2B $4.5B $4.8B
Shareholders' equity $3.0B $3.8B $3.8B $4.1B $4.4B $4.1B
Shares outstanding 124.22m 125.91m 127.53m 126.09m 123.12m 115.53m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 4, 2026 Quarterly ↗ Jun 30, 2026 35d
May 7, 2026 Quarterly ↗ Mar 31, 2026 37d
Feb 12, 2026 Annual ↗ Dec 31, 2025 43d
Nov 6, 2025 Quarterly ↗ Sep 30, 2025 37d
Aug 7, 2025 Quarterly ↗ Jun 30, 2025 38d
May 8, 2025 Quarterly ↗ Mar 31, 2025 38d
Feb 14, 2025 Annual ↗ Dec 31, 2024 45d
Nov 8, 2024 Quarterly ↗ Sep 30, 2024 39d
Aug 2, 2024 Quarterly ↗ Jun 30, 2024 33d
May 3, 2024 Quarterly ↗ Mar 31, 2024 33d
Feb 14, 2024 Annual ↗ Dec 31, 2023 45d
Nov 2, 2023 Quarterly ↗ Sep 30, 2023 33d

Current reports

FiledDisclosed
Oct 20, 2026 Results · Regulation FD ↗
Sep 29, 2026 Regulation FD ↗
Jul 21, 2026 Results · Regulation FD ↗
Jun 17, 2026 Director or officer change · Regulation FD ↗
Jun 3, 2026 Director or officer change · Regulation FD ↗
May 14, 2026 Shareholder vote ↗
May 12, 2026 Material agreement · New obligation ↗
May 7, 2026 Other events ↗
May 6, 2026 Other events ↗
Apr 20, 2026 Material agreement · Results · Regulation FD ↗
Mar 30, 2026 Regulation FD ↗
Jan 22, 2026 Results · Regulation FD ↗