Alaska Air Group (ALK)
Industrials · Scheduled air transportation and airline operations
Alaska Air Group operates the fourth-largest U.S. airline carrier across three brands, serving 140+ destinations with a modernizing fleet and recently consolidated operations after acquiring Hawaiian Airlines.
What Alaska Air Group does
Alaska Air Group operates three airlines—Alaska Airlines, Hawaiian Airlines, and Horizon Air—providing scheduled air transportation of passengers and cargo throughout North America, Latin America, Asia, and the Pacific. The company is the fourth-largest global carrier in the United States and the fifth-largest provider of air transportation overall, flying to more than 140 destinations from hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego, and San Francisco. In October 2025, Alaska and Hawaiian received a single operating certificate from the FAA, consolidating operations while preserving Hawaiian as a distinct brand.
Themes: ["Regional and domestic air travel","International air transportation","Airline fleet modernization","Loyalty programs and customer rewards","Pacific and Hawaiian islands air service","Aviation safety and operations","Post-merger integration (Hawaiian Airlines acquisition)","Cargo and freight transportation"]
Fundamentals
- Price$50.14 as of 2026-07-09 close
- Market cap$5.6B as of 2026-07-10
- 1-year return-5.1% as of 2026-07-09 close
- P/E76.11 as of 2026-07-10
- Net margin+0.5% as of 2026-07-10
- Gross margin+54.4% as of 2026-07-10
- ROE+1.8% as of 2026-07-10
- Debt / equity1.43 as of 2026-07-10
- Revenue growth (YoY)+13.9% as of 2026-07-10
- Revenue CAGR (3y)+13.9% SEC XBRL
- Beta1.30 as of 2026-07-10
Dividend: 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Integration risks from Hawaiian Holdings acquisition, including uncertainties regarding realization of anticipated cost savings, synergies, or growth; ability to achieve joint collective bargaining agreements for union-represented employees","Volatile operating costs, particularly aircraft fuel prices and labor costs, with exposure to general economic conditions affecting demand for air travel","Competitive industry pressures from major U.S. carriers and other airlines operating in North America and the Pacific"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.