Alaska Air Group, Inc. (ALK)
NYSE: ALK · Real-Time Price · USD
42.72
+0.52 (1.23%)
Aug 28, 2026, 2:31 PM EDT - Market open
Alaska Air Group Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 1,064 | 627 | 1,201 | 281 | 338 | 470 |
Short-Term Investments | 1,598 | 1,496 | 1,274 | 1,510 | 2,079 | 2,646 |
Trading Asset Securities | - | - | - | - | 8 | - |
Cash & Short-Term Investments | 2,662 | 2,123 | 2,475 | 1,791 | 2,425 | 3,116 |
Cash Growth | 25.33% | -14.22% | 38.19% | -26.14% | -22.18% | -6.87% |
Receivables | 681 | 565 | 558 | 383 | 296 | 546 |
Inventory | 253 | 203 | 199 | 116 | 104 | 62 |
Prepaid Expenses | 261 | 278 | 307 | 176 | 163 | 120 |
Restricted Cash | 33 | 28 | 29 | - | - | - |
Other Current Assets | 46 | 69 | 192 | 239 | 52 | 76 |
Total Current Assets | 3,936 | 3,266 | 3,760 | 2,705 | 3,040 | 3,920 |
Property, Plant & Equipment | 13,354 | 12,394 | 11,194 | 9,092 | 8,058 | 7,207 |
Long-Term Investments | - | - | - | - | 7 | - |
Goodwill | 2,723 | 2,723 | 2,724 | 1,943 | - | - |
Other Intangible Assets | 787 | 815 | 873 | 90 | 2,038 | 2,044 |
Other Long-Term Assets | 446 | 1,163 | 1,217 | 783 | 1,043 | 780 |
Total Assets | 21,246 | 20,361 | 19,768 | 14,613 | 14,186 | 13,951 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 403 | 324 | 186 | 207 | 221 | 200 |
Accrued Expenses | 1,901 | 1,931 | 1,978 | 1,272 | 1,279 | 1,023 |
Current Portion of Long-Term Debt | 324 | 540 | 442 | 289 | 276 | 372 |
Current Portion of Leases | 345 | 378 | 215 | 222 | 228 | 268 |
Current Unearned Revenue | 4,176 | 3,411 | 3,304 | 2,357 | 2,303 | 2,075 |
Other Current Liabilities | 43 | 5 | 20 | 112 | 186 | 53 |
Total Current Liabilities | 7,192 | 6,589 | 6,145 | 4,459 | 4,493 | 3,991 |
Long-Term Debt | 5,724 | 4,769 | 4,491 | 2,182 | 1,883 | 2,176 |
Long-Term Leases | 1,223 | 1,206 | 1,245 | 1,125 | 1,393 | 1,279 |
Long-Term Unearned Revenue | 1,752 | 1,711 | 1,664 | 1,382 | 1,374 | 1,446 |
Pension & Post-Retirement Benefits | 349 | 369 | 460 | 362 | 348 | 305 |
Long-Term Deferred Tax Liabilities | 739 | 1,004 | 934 | 695 | 574 | 578 |
Other Long-Term Liabilities | 597 | 595 | 457 | 295 | 305 | 375 |
Total Liabilities | 17,576 | 16,243 | 15,396 | 10,500 | 10,370 | 10,150 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 1 | 1 | 1 | 1 | 1 | 1 |
Additional Paid-In Capital | 1,034 | 961 | 811 | 695 | 577 | 494 |
Retained Earnings | 4,761 | 5,030 | 4,930 | 4,535 | 4,300 | 4,242 |
Treasury Stock | -1,951 | -1,701 | -1,131 | -819 | -674 | -674 |
Comprehensive Income & Other | -175 | -173 | -239 | -299 | -388 | -262 |
Shareholders' Equity | 3,670 | 4,118 | 4,372 | 4,113 | 3,816 | 3,801 |
Total Liabilities & Equity | 21,246 | 20,361 | 19,768 | 14,613 | 14,186 | 13,951 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 7,616 | 6,893 | 6,393 | 3,818 | 3,780 | 4,095 |
Net Cash (Debt) | -4,954 | -4,770 | -3,918 | -2,027 | -1,355 | -979 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -43.44 | -39.77 | -30.52 | -15.75 | -10.59 | -7.72 |
Filing Date Shares Outstanding | 111.6 | 114.64 | 123.08 | 126.05 | 127.54 | 125.91 |
Total Common Shares Outstanding | 111.57 | 115.53 | 123.12 | 126.09 | 127.53 | 125.91 |
Working Capital | -3,256 | -3,323 | -2,385 | -1,754 | -1,453 | -71 |
Book Value Per Share | 32.90 | 35.64 | 35.51 | 32.62 | 29.92 | 30.19 |
Tangible Book Value | 160 | 580 | 775 | 2,080 | 1,778 | 1,757 |
Tangible Book Value Per Share | 1.43 | 5.02 | 6.29 | 16.50 | 13.94 | 13.95 |
Machinery | - | 13,647 | 12,273 | 10,425 | 9,053 | 8,127 |