Alaska Air Group, Inc. (ALK)

Alaska Air Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	12,640	11,735	10,426	9,646	6,176	3,566
Revenue	12,640	11,735	10,426	9,646	6,176	3,566
Revenue Growth (YoY)	20.82%	12.55%	8.09%	56.18%	73.19%	-59.39%
Cost of Revenue	9,576	8,874	7,963	7,513	5,359	4,349
Gross Profit	3,064	2,861	2,463	2,133	817	-783
Selling, General & Admin	372	349	303	295	173	101
Other Operating Expenses	1,117	1,040	891	717	507	1,034
Operating Expenses	2,140	1,972	1,645	1,427	1,074	1,555
Operating Income	924	889	818	706	-257	-2,338
Interest Expense	-167	-142	-94	-94	-117	-87
Interest & Investment Income	110	101	80	53	25	31
Other Non Operating Income (Expenses)	-9	-2	-22	-6	6	16
EBT Excluding Unusual Items	858	846	782	659	-343	-2,378
Merger & Restructuring Charges	-240	-208	-7	-	-	-6
Asset Writedown	-11	-11	-385	-481	-	-
Legal Settlements	-53	-53	-	-15	-	-
Other Unusual Items	-64	-29	-67	-84	972	544
Pretax Income	490	545	323	79	629	-1,840
Income Tax Expense	129	150	88	21	151	-516
Net Income	361	395	235	58	478	-1,324
Net Income to Common	361	395	235	58	478	-1,324
Net Income Growth	47.35%	68.08%	305.17%	-87.87%	-	-
Shares Outstanding (Basic)	125	126	127	127	125	123
Shares Outstanding (Diluted)	128	128	129	128	127	123
Shares Change (YoY)	-0.52%	-0.26%	0.63%	0.89%	2.69%	-0.68%
EPS (Basic)	2.88	3.13	1.84	0.46	3.82	-10.72
EPS (Diluted)	2.83	3.08	1.83	0.45	3.77	-10.72
EPS Growth	48.41%	68.31%	306.67%	-88.06%	-	-
Free Cash Flow	200	183	-444	-253	738	-456
Free Cash Flow Per Share	1.57	1.43	-3.45	-1.98	5.82	-3.69
Dividend Per Share	-	-	-	-	-	0.375
Dividend Growth	-	-	-	-	-	-73.21%
Gross Margin	24.24%	24.38%	23.62%	22.11%	13.23%	-21.96%
Operating Margin	7.31%	7.58%	7.85%	7.32%	-4.16%	-65.56%
Profit Margin	2.86%	3.37%	2.25%	0.60%	7.74%	-37.13%
Free Cash Flow Margin	1.58%	1.56%	-4.26%	-2.62%	11.95%	-12.79%
EBITDA	1,528	1,425	1,244	1,104	137	-1,918
EBITDA Margin	12.09%	12.14%	11.93%	11.45%	2.22%	-53.79%
D&A For EBITDA	604	536	426	398	394	420
EBIT	924	889	818	706	-257	-2,338
EBIT Margin	7.31%	7.58%	7.85%	7.32%	-4.16%	-65.56%
Effective Tax Rate	26.33%	27.52%	27.25%	26.58%	24.01%	-
Revenue as Reported	12,640	11,735	10,426	9,646	6,176	3,566

Updated Apr 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q