Alaska Air Group, Inc. (ALK)

Alaska Air Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	10,462	10,426	9,646	6,176	3,566	8,781
Revenue Growth (YoY)	2.96%	8.09%	56.19%	73.19%	-59.39%	6.26%
Cost of Revenue	4,749	4,847	4,747	2,977	2,161	3,843
Gross Profit	5,713	5,579	4,899	3,199	1,405	4,938
Selling, General & Admin	3,436	3,344	2,935	2,391	2,154	2,683
Other Operating Expenses	1,863	1,841	1,894	123	1,026	1,192
Operating Expenses	5,299	5,185	4,829	2,514	3,180	3,875
Operating Income	414	394	70	685	-1,775	1,063
Interest Expense / Income	128	121	108	128	98	78
Other Expense / Income	-58	-50	-117	-72	-33	-31
Pretax Income	344	323	79	629	-1,840	1,016
Income Tax	99	88	21	151	-516	247
Net Income	245	235	58	478	-1,324	769
Net Income Growth	315.25%	305.17%	-87.87%	-	-	75.97%
Shares Outstanding (Basic)	126	127	127	125	123	123
Shares Outstanding (Diluted)	126	129	128	127	123	124
Shares Change	-1.20%	0.63%	0.89%	2.69%	-0.68%	0.25%
EPS (Basic)	1.90	1.84	0.46	3.82	-10.72	6.24
EPS (Diluted)	1.88	1.83	0.45	3.77	-10.72	6.19
EPS Growth	308.70%	306.67%	-88.06%	-	-	75.85%
Free Cash Flow	-307	-444	-253	738	-456	1,026
Free Cash Flow Per Share	-2.44	-3.49	-2.00	5.90	-3.69	8.32
Dividend Per Share	-	-	-	-	0.375	1.400
Dividend Growth	-	-	-	-	-73.21%	9.38%
Gross Margin	54.61%	53.51%	50.79%	51.80%	39.40%	56.24%
Operating Margin	3.96%	3.78%	0.73%	11.09%	-49.78%	12.11%
Profit Margin	2.34%	2.25%	0.60%	7.74%	-37.13%	8.76%
Free Cash Flow Margin	-2.93%	-4.26%	-2.62%	11.95%	-12.79%	11.68%
Effective Tax Rate	28.78%	27.24%	26.58%	24.01%	-	24.31%
EBITDA	945	895	602	1,151	-1,322	1,517
EBITDA Margin	9.03%	8.58%	6.24%	18.64%	-37.07%	17.28%
Depreciation & Amortization	473	451	415	394	420	423
EBIT	472	444	187	757	-1,742	1,094
EBIT Margin	4.51%	4.26%	1.94%	12.26%	-48.85%	12.46%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).