Alaska Air Group, Inc. (ALK) is a publicly traded company in the Industrials — Airlines, Airports & Air Services industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Alaska Air Group, Inc. operates via its subsidiaries, providing comprehensive air transportation solutions for both passengers and freight. Its business is organized into three principal segments: Mainline, Regional, and Horizon. The airline extends its services to approximately 120 destinations throughout North America. Originally established in Seattle, Washington, in 1932, the company maintains its corporate base in that city.
Is Alaska Air Group, Inc. stock overvalued or undervalued in 2026?
As of October 29, 2026, Alaska Air Group, Inc. (ALK) trades at $36.15 with no positive earnings over the last twelve months, according to Kaplio. No valuation verdict: it has no earnings to calculate a P/E from.
Kaplio overview: Alaska Air Group, Inc.
Market cap $4B · 52 weeks $34 – $60 (41 % below the high) · P/E no earnings · 2027 expected P/E 11.2× · Dividend none · Next earnings January 28, 2027 · expected EPS $-2.03 · Closing price, Oct 29 · accounts published Oct 20.
- Valuation: EV/EBITDA 17.9× (no earnings).
- Business: ROIC −2 % (weak).
- Balance sheet: Net debt/EBITDA 4.8× (fragile).
- Earnings: 4 of 8 (uneven).
What would it be worth at its usual multiples?
No valuation verdict: it has no earnings to calculate a P/E from.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in industrials: 3 of 10 pass
- Operating margin 2.1 %, fails.
- ROIC −1.6 %, fails.
- FCF conversion −339.0 %, fails.
- Net debt / EBITDA 4.8×, fails.
- Capex / Revenue 11.2 %, fails.
- Altman Z-Score 1.1, fails.
- P/E vs own 10y history 59.2×, fails.
- 5y revenue growth 33.7 %, passes.
- Piotroski F-Score 6 de 9, passes.
- Cycle-adjusted EV/EBITDA 17.9×, passes.
Against its peers (reference peers) — Alaska Air Group, Inc.: P/E —; EV/EBITDA 17.9×; ROIC -1.6 %; $4.0B. SkyWest, Inc. (P/E 9.6×; EV/EBITDA 6.0×; ROIC 7.3 %; $3.7B), Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (P/E 17.2×; EV/EBITDA 8.9×; ROIC 23.6 %; $4.9B), Copa Holdings, S.A. (P/E 8.6×; EV/EBITDA 4.6×; ROIC 12.2 %; $5.4B).
Profitability
| Return on Equity | -10.50% |
| Return on Invested Capital | -1.65% |
| Return on Assets | -1.88% |
| Gross Margin | 72.93% |
| Operating Margin | -1.89% |
| Net Margin | -2.58% |
Financial Health
| Debt / Equity | 2.07 |
| Current Ratio | 0.46 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 1.11 |
Price Performance
| 1 month | -10.89% |
| 3 months | -25.02% |
| Year-to-date | -29.26% |
| 1 year | -14.82% |
| 3 years | +11.89% |
| 5 years | -32.61% |
| 10 years | -50.73% |
Dividend History
| Date | Amount |
|---|---|
| 2020-02-14 | $0.3750 |
| 2019-11-18 | $0.3500 |
| 2019-08-19 | $0.3500 |
| 2019-05-20 | $0.3500 |
| 2019-02-15 | $0.3500 |
| 2018-11-19 | $0.3200 |
| 2018-08-20 | $0.3200 |
| 2018-05-21 | $0.3200 |
| 2018-02-16 | $0.3200 |
| 2017-11-20 | $0.3000 |
Amounts adjusted for stock splits.
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Explore sector: Industrials · Airlines, Airports & Air Services
More sections of ALK: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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