Company Quick10K Filing
Alaska Air Group
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 124 $7,759
10-Q 2019-11-07 Quarter: 2019-09-30
10-Q 2019-08-06 Quarter: 2019-06-30
10-Q 2019-05-09 Quarter: 2019-03-31
10-K 2019-02-15 Annual: 2018-12-31
10-Q 2018-11-02 Quarter: 2018-09-30
10-Q 2018-08-08 Quarter: 2018-06-30
10-Q 2018-05-04 Quarter: 2018-03-31
10-K 2018-02-15 Annual: 2017-12-31
10-Q 2017-11-02 Quarter: 2017-09-30
10-Q 2017-08-03 Quarter: 2017-06-30
10-Q 2017-05-05 Quarter: 2017-03-31
10-K 2017-02-28 Annual: 2016-12-31
10-Q 2016-11-02 Quarter: 2016-09-30
10-Q 2016-08-02 Quarter: 2016-06-30
10-Q 2016-05-09 Quarter: 2016-03-31
10-K 2016-02-11 Annual: 2015-12-31
10-Q 2015-11-04 Quarter: 2015-09-30
10-Q 2015-08-05 Quarter: 2015-06-30
10-Q 2015-05-07 Quarter: 2015-03-31
10-K 2015-02-11 Annual: 2014-12-31
10-Q 2014-11-05 Quarter: 2014-09-30
10-Q 2014-08-06 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-02-13 Annual: 2013-12-31
10-Q 2013-11-06 Quarter: 2013-09-30
10-Q 2013-08-07 Quarter: 2013-06-30
10-Q 2013-05-08 Quarter: 2013-03-31
10-Q 2012-11-07 Quarter: 2012-09-30
10-Q 2012-08-08 Quarter: 2012-06-30
10-Q 2012-05-03 Quarter: 2012-03-31
10-K 2012-02-21 Annual: 2011-12-31
10-Q 2011-11-03 Quarter: 2011-09-30
10-Q 2011-08-04 Quarter: 2011-06-30
10-Q 2011-05-04 Quarter: 2011-03-31
10-K 2011-02-23 Annual: 2010-12-31
10-Q 2010-11-05 Quarter: 2010-09-30
10-Q 2010-08-05 Quarter: 2010-08-05
10-Q 2010-05-05 Quarter: 2010-03-31
10-K 2010-02-19 Annual: 2010-02-18
8-K 2020-01-13 Regulation FD, Exhibits
8-K 2020-01-06 Officers, Exhibits
8-K 2019-12-16 Regulation FD, Exhibits
8-K 2019-10-24 Earnings, Regulation FD, Exhibits
8-K 2019-10-10 Regulation FD, Exhibits
8-K 2019-09-04 Regulation FD, Exhibits
8-K 2019-08-07 Officers, Regulation FD, Exhibits
8-K 2019-07-25 Earnings, Regulation FD, Exhibits
8-K 2019-07-11 Regulation FD, Exhibits
8-K 2019-06-13 Regulation FD, Exhibits
8-K 2019-05-15 Shareholder Vote
8-K 2019-04-25 Earnings, Regulation FD, Exhibits
8-K 2019-04-11 Regulation FD, Exhibits
8-K 2019-03-14 Regulation FD, Exhibits
8-K 2019-03-05 Regulation FD, Exhibits
8-K 2019-02-13 Regulation FD, Exhibits
8-K 2019-01-24 Earnings, Regulation FD, Exhibits
8-K 2019-01-14 Regulation FD, Exhibits
8-K 2018-12-14 Regulation FD, Exhibits
8-K 2018-11-27 Regulation FD, Exhibits
8-K 2018-11-16 Regulation FD, Exhibits
8-K 2018-10-25 Earnings, Regulation FD, Exhibits
8-K 2018-10-12 Regulation FD, Exhibits
8-K 2018-09-17 Regulation FD, Exhibits
8-K 2018-08-14 Regulation FD, Exhibits
8-K 2018-07-26 Earnings, Regulation FD, Exhibits
8-K 2018-07-16 Regulation FD, Exhibits
8-K 2018-06-19 Officers
8-K 2018-06-15 Regulation FD, Exhibits
8-K 2018-05-15 Regulation FD, Exhibits
8-K 2018-05-08 Shareholder Vote, Other Events
8-K 2018-05-04 Regulation FD, Exhibits
8-K 2018-04-23 Earnings, Regulation FD, Exhibits
8-K 2018-04-13 Regulation FD, Exhibits
8-K 2018-03-13 Regulation FD, Exhibits
8-K 2018-02-15 Regulation FD, Exhibits
8-K 2018-01-25 Earnings, Regulation FD, Exhibits
8-K 2018-01-22 Officers, Regulation FD, Exhibits
8-K 2018-01-12 Regulation FD, Exhibits
8-K 2018-01-12 Officers, Regulation FD, Exhibits
8-K 2018-01-04 Officers

Alaska Air Group Financials

ALK Metrics, Comps, Filings

Annual | Quarterly

Business

Alaska Air Group is a Delaware corporation incorporated in 1985 that operates two airlines, Alaska and Horizon. Alaska was organized in 1932 and incorporated in 1937 in the state of Alaska. Horizon Air is a Washington corporation that was incorporated and began service in 1981. It was acquired by Air Group in 1986. Virgin America has been a member of Air Group since it was acquired in 2016. In 2018, Virgin America and Alaska combined operating certificates to become a single airline, and legally merged into a single entity. The Company also includes McGee Air Services, an aviation services provider that was established as a wholly-owned subsidiary of Alaska in 2016.

Alaska and Horizon operate as separate airlines, with individual business plans, competitive factors and economic risks. Together with our regional partner airlines, we fly to 115 destinations with over 1,200 daily departures through an expansive network across the United States, Mexico, Canada, and Costa Rica. With global airline partners, we provide our guests with a network of more than 900 destinations worldwide. During 2018, we carried an all-time high 46 million guests and earned consolidated net income under Generally Accepted Accounting Principles (GAAP) of $437 million compared to net income of $960 million in 2017. Our adjusted net income was $554 million, which excludes merger-related costs, special items and mark-to-market fuel hedge adjustments. Refer to "Results of Operations" in Management's Discussion and Analysis for our reconciliation of Non-GAAP measures to the most directly comparable GAAP measure.

We organize the business and review financial operating performance by aggregating our business in three operating segments, which are as follows:


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Azul (AZUL) 25,036 0% 11,793 0 0 0 0 24,665
United Continental (UAL) 22,604 0% 5.3 5% 52,150 41,830 42,485 0 2,644 6,344 33,657
American Airlines Group (AAL) 14,452 0% 8.0 2% 61,967 61,989 45,041 0 1,513 4,881 38,977
Alaska Air Group (ALK) 7,759 0% 6.8 4% 12,951 7,440 8,440 0 506 1,166 7,967
Jetblue Airways (JBLU) 5,513 0% 5.7 4% 11,236 6,539 7,952 0 440 1,130 6,462
Spirit Airlines (SAVE) 3,222 0% 7.8 5% 6,663 4,568 3,636 0 360 562 4,354
Skywest (SKYW) 3,001 16% 10.3 0% 6,580 4,528 3,101 500 0 566 5,836
Life Time Fitness (LTM) 2,775 9% 11.8 4% 2,729 1,599 1,310 124 111 333 3,942
Allegiant Travel (ALGT) 2,322 0% 7.3 6% 2,982 2,178 1,749 0 184 438 3,192
Air Transport Services (ATSG) 1,362 0% 8.8 1% 2,703 2,333 1,168 0 25 313 2,750
Hawaiian Holdings (HA) 1,263 71% 3.5 5% 3,768 2,761 2,825 2,007 188 408 1,437
Mesa Air (MESA) 328 0% 5.7 4% 1,466 1,053 713 0 55 205 1,161
Air T (AIRT) 52 0% 5.9 2% 134 106 261 0 3 17 100
Ryanair Holdings (RYAAY)
EHang Holdings (EH)
China Southern Airlines (ZNH) 0% 246,949 168,480 0 0 0 0 -6,909
Volaris (VLRS) 0% 22,311 13,139 0 0 0 0 -0
Copa Holdings (CPA) 0% 4,087 2,247 0 0 0 0 -0
China Eastern Airlines (CEA) 0% 239,017 177,416 0 0 0 0 -0
Avianca Holdings (AVH) 0% 7,119 6,126 0 0 0 0 -265

Balance Sheet ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash901,1411,2521,3301,2171,328328194114
Accounts Receivable
Inventory454458605851475760
PP&E3,1173,4023,6095,9614,2994,8025,6666,2846,781
Assets5,0175,1955,5055,8386,1816,5339,96210,74010,912
Accounts Payable601046564626392120132
Long-Term Debt1,3131,3071,0328718036862,9642,5692,113
Liabilities2,5982,9233,2133,0553,3684,1227,0317,0197,161
Stockholders' Equity1,1051,1731,4212,0292,1272,4112,9313,7213,751
Income Statement ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue3,8324,3184,6575,1565,3685,5985,9317,9338,264
Cost of Revenue
Gross Profit
R&D
SG&A154175168179199211225357326
Tax155149198308326349459177148
Net Income2512443165086058488141,034437
Cash Flow ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating5546967539811,0301,5841,3861,5901,195
Cash Investing-295-403-645-698-541-930-2,622-1,132-631
Cash Financing-333-280-88-325-462-6881,491-592-647