Alaska Air Group Stock Net Income
| ALK Stock | USD 52.30 0.84 1.58% |
Alaska Air Group fundamentals help investors to digest information that contributes to Alaska Air's financial success or failures. It also enables traders to predict the movement of Alaska Stock. The fundamental analysis module provides a way to measure Alaska Air's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alaska Air stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 235 M | 173.4 M | |
| Net Income Applicable To Common Shares | 66.7 M | 63.4 M | |
| Net Income From Continuing Ops | 259 M | 341.4 M | |
| Net Income Per Share | 1.84 | 1.94 | |
| Net Income Per E B T | 0.73 | 0.81 |
Alaska | Net Income |
Alaska Air Group Company Net Income Analysis
Alaska Air's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Alaska Air Net Income | 235 M |
Most of Alaska Air's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alaska Air Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Alaska Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Alaska Air is extremely important. It helps to project a fair market value of Alaska Stock properly, considering its historical fundamentals such as Net Income. Since Alaska Air's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Alaska Air's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Alaska Air's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Alaska Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Alaska Air Group reported net income of 235 M. This is 9.42% lower than that of the Passenger Airlines sector and 74.01% lower than that of the Industrials industry. The net income for all United States stocks is 58.84% higher than that of the company.
Alaska Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alaska Air's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alaska Air could also be used in its relative valuation, which is a method of valuing Alaska Air by comparing valuation metrics of similar companies.Alaska Air is currently under evaluation in net income category among its peers.
Alaska Air ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Alaska Air's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Alaska Air's managers, analysts, and investors.Environmental | Governance | Social |
Alaska Air Institutional Holders
Institutional Holdings refers to the ownership stake in Alaska Air that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alaska Air's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Alaska Air's value.| Shares | Capital Research Global Investors | 2024-09-30 | 2.7 M | Alliancebernstein L.p. | 2024-06-30 | 2.4 M | Geode Capital Management, Llc | 2024-06-30 | 2 M | Massachusetts Financial Services Company | 2024-09-30 | 1.6 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.4 M | Bank Of America Corp | 2024-06-30 | 1.3 M | Frontier Capital Management Co Inc | 2024-09-30 | 1.2 M | Brandywine Global Investment Mgmt Llc | 2024-06-30 | 1.1 M | Millennium Management Llc | 2024-06-30 | 1.1 M | Blackrock Inc | 2024-06-30 | 16.2 M | Vanguard Group Inc | 2024-09-30 | 13.6 M |
Alaska Fundamentals
| Return On Equity | 0.0751 | ||||
| Return On Asset | 0.0286 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 10.38 B | ||||
| Shares Outstanding | 126.94 M | ||||
| Shares Owned By Insiders | 0.45 % | ||||
| Shares Owned By Institutions | 88.01 % | ||||
| Number Of Shares Shorted | 8.87 M | ||||
| Price To Earning | 112.95 X | ||||
| Price To Book | 1.51 X | ||||
| Price To Sales | 0.62 X | ||||
| Revenue | 10.43 B | ||||
| Gross Profit | 2.36 B | ||||
| EBITDA | 1.27 B | ||||
| Net Income | 235 M | ||||
| Cash And Equivalents | 338 M | ||||
| Cash Per Share | 24.83 X | ||||
| Total Debt | 3.82 B | ||||
| Debt To Equity | 1.03 % | ||||
| Current Ratio | 0.81 X | ||||
| Book Value Per Share | 35.51 X | ||||
| Cash Flow From Operations | 1.05 B | ||||
| Short Ratio | 3.94 X | ||||
| Earnings Per Share | 2.51 X | ||||
| Price To Earnings To Growth | 1.30 X | ||||
| Target Price | 59.77 | ||||
| Number Of Employees | 23.78 K | ||||
| Beta | 1.59 | ||||
| Market Capitalization | 6.64 B | ||||
| Total Asset | 15.83 B | ||||
| Retained Earnings | 4.54 B | ||||
| Working Capital | (1.47 B) | ||||
| Current Asset | 1.66 B | ||||
| Current Liabilities | 1.8 B | ||||
| Five Year Return | 1.95 % | ||||
| Net Asset | 15.83 B |
About Alaska Air Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alaska Air Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alaska Air using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alaska Air Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alaska Air. If investors know Alaska will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alaska Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.704 | Earnings Share 2.51 | Revenue Per Share 85.034 | Quarterly Revenue Growth 0.082 | Return On Assets 0.0286 |
The market value of Alaska Air Group is measured differently than its book value, which is the value of Alaska that is recorded on the company's balance sheet. Investors also form their own opinion of Alaska Air's value that differs from its market value or its book value, called intrinsic value, which is Alaska Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alaska Air's market value can be influenced by many factors that don't directly affect Alaska Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alaska Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alaska Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alaska Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.