ALKALASKA AIR GROUP, INC.
Air Transportation, Scheduled
- Revenue
- $14.2B
- 21% YoY
- Operating margin
- 2.1%
- 56% YoY
- EBITDA
- $1.1B
- 4.8% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 4.3×
- $4.7B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear12× net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear46% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear13% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $6.2B | $9.6B | $10.4B | $11.7B | $14.2B | 21% |
| Operating income | $685M | $70M | $394M | $570M | $303M | 47% |
| Net income | $478M | $58M | $235M | $395M | $100M | 75% |
| Operating cash flow | $1.0B | $1.4B | $1.1B | $1.5B | $1.2B | 15% |
| Capex | $292M | $1.7B | $1.5B | — | — | |
| Stock-based comp | $51M | $42M | $85M | $63M | $10M | 84% |
| Buybacks | $0 | $0 | $137M | $312M | $570M | 83% |
| Dividends | $0 | $0 | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $1M · 1
- Net
- −$1M
Pay vs performance
No pay-versus-performance disclosure yet.