Overview Dividends

(ALK) Alaska Air - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0116591092

Airline Services, Passenger Transportation, Cargo Transportation

Passenger Airlines
Market Cap in USD: 5,815m

IPO / Inception: 2001-01-02
Return 12m vs S&P 500: -35.9%

EPS (Earnings per Share)

EPS CAGR: 48.23%
EPS Trend: 10.6%

Last SUE: -0.25
Qual. Beats: 0

Revenue

Rev. CAGR: 20.03%
Rev. Trend: 81.2%

Last SUE: 0.19
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	42.0%
Value at Risk 5%th	61.8%
Relative Tail Risk	-10.53%

Reward TTM
Sharpe Ratio	-0.32
Alpha	-49.26
CAGR/Max DD	0.03

Character TTM
Hurst Exponent	0.583
Beta	1.676
Beta Downside	1.744

Drawdowns 3y
Max DD	50.63%
Mean DD	25.03%
Median DD	28.30%

Description: ALK Alaska Air January 08, 2026

Alaska Air Group Inc. (NYSE: ALK) operates three airline segments-Alaska Airlines, Hawaiian Airlines, and a Regional carrier-providing scheduled passenger and cargo services on Boeing jets across the United States, Canada, Mexico, and select Central American and Caribbean destinations.

Key performance indicators from the most recent fiscal year (2023) show a load factor of 84.2 % and revenue passenger miles (RPM) growth of +7 % YoY, while operating margin improved to 5.6 % after a multi-year recovery from pandemic lows. The fleet now comprises roughly 340 aircraft, with a strategic focus on fuel-efficient 737-900ER and 737-MAX models.

The airline’s outlook is tightly linked to three macro drivers: (1) jet fuel price volatility, which accounts for about 30 % of operating costs; (2) labor market tightness in the U.S. that pressures wage growth; and (3) the rebound in discretionary travel demand, especially leisure trips to Hawaii and Mexico, which historically outpaces business travel growth.

Given the sector’s ongoing consolidation and the potential for network synergies, analysts should monitor Alaska’s slot acquisitions at major hubs and its partnership extensions with on-demand travel platforms. For a deeper quantitative breakdown, you might explore the ValueRay platform.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (150.0m TTM) > 0 and > 6% of Revenue (6% = 848.5m TTM)

FCFTA -0.00 (>2.0%) and ΔFCFTA 0.84pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -22.58% (prev -23.35%; Δ 0.77pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.07 (>3.0%) and CFO 1.34b > Net Income 150.0m (YES >=105%, WARN >=100%)

Net Debt (5.67b) to EBITDA (1.30b) ratio: 4.37 <= 3.0 (WARN <= 3.5)

Current Ratio 0.52 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (121.2m) change vs 12m ago -5.75% (target <= -2.0% for YES)

Gross Margin 41.31% (prev 23.93%; Δ 17.39pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 71.47% (prev 54.98%; Δ 16.49pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.54 (EBITDA TTM 1.30b / Interest Expense TTM 219.0m) >= 6 (WARN >= 3)

Altman Z'' 0.27

(A) -0.16 = (Total Current Assets 3.47b - Total Current Liabilities 6.66b) / Total Assets 20.01b

(B) 0.25 = Retained Earnings (Balance) 5.01b / Total Assets 20.01b

(D) 0.30 = Book Value of Equity 4.79b / Total Liabilities 15.98b

Total Rating: 0.27 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 51.81

1. Piotroski 4.0pt

2. FCF Yield -0.47%

3. FCF Margin -0.38%

4. Debt/Equity 1.61

5. Debt/Ebitda 4.37

6. ROIC - WACC (= -2.05)%

7. RoE 3.64%

8. Rev. Trend 81.23%

9. EPS Trend 10.55%

What is the price of ALK shares?

As of January 08, 2026, the stock is trading at USD 49.80 with a total of 3,025,653 shares traded.
Over the past week, the price has changed by -0.99%, over one month by +1.24%, over three months by +1.63% and over the past year by -23.99%.

Is ALK a buy, sell or hold?

Alaska Air has received a consensus analysts rating of 4.44. Therefore, it is recommended to buy ALK.

Strong Buy: 9
Buy: 5
Hold: 2
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the ALK price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	65.9	32.3%
Analysts Target Price	65.9	32.3%
ValueRay Target Price	48.4	-2.8%

ALK Fundamental Data Overview January 01, 2026

Market Cap USD = 5.81b (5.81b USD * 1.0 USD.USD)
P/E Trailing = 41.4298
P/E Forward = 8.5543
P/S = 0.4112
P/B = 1.4432
P/EG = 1.3
Beta = 1.238
Revenue TTM = 14.14b USD
EBIT TTM = 557.0m USD
EBITDA TTM = 1.30b USD
Long Term Debt = 4.49b USD (from longTermDebt, last quarter)
Short Term Debt = 744.0m USD (from shortTermDebt, last quarter)
Debt = 6.47b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.67b USD (from netDebt column, last quarter)
Enterprise Value = 11.51b USD (5.81b + Debt 6.47b - CCE 778.0m)
Interest Coverage Ratio = 2.54 (Ebit TTM 557.0m / Interest Expense TTM 219.0m)
FCF Yield = -0.47% (FCF TTM -54.0m / Enterprise Value 11.51b)
FCF Margin = -0.38% (FCF TTM -54.0m / Revenue TTM 14.14b)
Net Margin = 1.06% (Net Income TTM 150.0m / Revenue TTM 14.14b)
Gross Margin = 41.31% ((Revenue TTM 14.14b - Cost of Revenue TTM 8.30b) / Revenue TTM)
Gross Margin QoQ = 95.99% (prev 25.54%)
Tobins Q-Ratio = 0.58 (Enterprise Value 11.51b / Total Assets 20.01b)
Interest Expense / Debt = 0.96% (Interest Expense 62.0m / Debt 6.47b)
Taxrate = 34.23% (38.0m / 111.0m)
NOPAT = 366.3m (EBIT 557.0m * (1 - 34.23%))
Current Ratio = 0.52 (Total Current Assets 3.47b / Total Current Liabilities 6.66b)
Debt / Equity = 1.61 (Debt 6.47b / totalStockholderEquity, last quarter 4.03b)
Debt / EBITDA = 4.37 (Net Debt 5.67b / EBITDA 1.30b)
Debt / FCF = -104.9 (out of range, set to none) (Net Debt 5.67b / FCF TTM -54.0m)
Total Stockholder Equity = 4.12b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.75% (Net Income 150.0m / Total Assets 20.01b)
RoE = 3.64% (Net Income TTM 150.0m / Total Stockholder Equity 4.12b)
RoCE = 6.47% (EBIT 557.0m / Capital Employed (Equity 4.12b + L.T.Debt 4.49b))
RoIC = 4.05% (NOPAT 366.3m / Invested Capital 9.04b)
WACC = 6.10% (E(5.81b)/V(12.29b) * Re(12.19%) + D(6.47b)/V(12.29b) * Rd(0.96%) * (1-Tc(0.34)))
Discount Rate = 12.19% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -2.46%
Fair Price DCF = unknown (Cash Flow -54.0m)
EPS Correlation: 10.55 | EPS CAGR: 48.23% | SUE: -0.25 | # QB: 0
Revenue Correlation: 81.23 | Revenue CAGR: 20.03% | SUE: 0.19 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.62 | Chg30d=-0.053 | Revisions Net=-2 | Analysts=11
EPS next Year (2026-12-31): EPS=5.62 | Chg30d=+0.111 | Revisions Net=-1 | Growth EPS=+160.8% | Growth Revenue=+7.5%

Additional Sources for ALK Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle