Alaska Air Group is an airline holding company based in SeaTac, Washington, United States.
| Revenue (TTM) | $15.30B |
| Gross Profit (TTM) | $2.55B |
| EBITDA | $600.00M |
| Operating Margin | 2.48% |
| Return on Equity | -10.40% |
| Return on Assets | -0.45% |
| Revenue/Share (TTM) | $135.94 |
| Book Value | $31.62 |
| Price-to-Book | 1.22 |
| Price-to-Sales (TTM) | 0.28 |
| EV/Revenue | 0.628 |
| EV/EBITDA | 12.81 |
| Quarterly Earnings Growth (YoY) | -68.30% |
| Quarterly Revenue Growth (YoY) | 14.40% |
| Shares Outstanding | $111.60M |
| Float | $110.88M |
| % Insiders | 0.60% |
| % Institutions | 94.53% |
Volatility is currently expanding
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Alaska Air (ALK) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
We assess the investment worthiness of ALK stock post its third-quarter 2026 earnings release.
US airlines favor higher fares over fuller planes as fuel costs squeeze profits
Alaska Air Group, Inc. ( ALK ) Q3 2026 Earnings Call October 21, 2026 11:30 AM EDT Company Participants Ryan St. John - Vice President of Finance, Planning & Investor Relations Benito Minicucci - President, CEO & Director and CEO of Alaska Airlines Andrew Harrison - Executive VP & Chief Commercial Officer of Alaska Airlines Inc Shane Tackett - CFO & President of Alaska Airlines Jason Berry - Executive VP & COO Conference Call Participants Michael Linenberg - Deutsche Bank AG, Research Division Ravi Shanker - Morgan Stanley, Research Division Jamie Baker - JPMorgan Chase & Co, Research Division John Godyn - Citigroup Inc., Research Division Savanthi Syth - Raymond James Ltd., Research Division Atul Maheswari - UBS Investment Bank, Research Division Duane Pfennigwerth - Evercore ISI Institutional Equities, Research Division Conor Cunningham - Melius Research LLC Catherine O'Brien - Goldman Sachs Group, Inc., Research Division Thomas Fitzgerald - TD Cowen, Research Division Brandon Oglenski - Barclays Bank PLC, Research Division Presentation Operator Good morning, ladies and gentlemen, and welcome to the Alaska Air Group 2026 Third Quarter Earnings Call.
Diversified revenues reached 54% of total mix in the third quarter. Premium traffic grew 24.5% year over year.
Alaska Air Group NYSE: ALK reported a third-quarter GAAP net loss of $147 million, or $1.32 per share, as elevated fuel costs weighed on profitability despite higher revenue and improving unit-revenue trends.
Alaska Air beats Q3 earnings estimates on strong yields and revenue growth, but surging fuel costs squeeze profits and weigh on its Q4 outlook.
While the top- and bottom-line numbers for Alaska Air (ALK) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Earnings season rolls on this week, with reports from businesses ranging from air travel to consumer goods scheduled to be released in the coming days. But tech will take the spotlight.
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