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Companies / Industrials / Alaska Air Group, Inc.
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Alaska Air Group, Inc.

IndustrialsAir Transportation
Ticker ALKSEATTLE, WAFiscal year ends DecemberBook value per share $32.56Diluted shares 112.7M

Alaska Air Group, Inc. (NYSE: ALK) is an airline holding company whose operations include scheduled passenger and cargo air transportation through Alaska Airlines, Hawaiian Airlines and regional services operated by Horizon Air and SkyWest. Alaska and Hawaiian serve destinations across North America, Latin America,… From the company’s description.

In fiscal 2025, Alaska Air Group, Inc. reported revenue of $14.24B, up 21.3% from fiscal 2024, and net income of $100.00M. Its operating margin was 2.1%, and operations generated $1.25B in cash. Over the twelve months to Jun 30, 2026, revenue was $14.76B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$14.24BFY2025
+21.3% year over year
Last 12 mo $14.76B
2.13%FY2025
−2.7 percentage points
Last 12 mo -1.52%
$100.00MFY2025
−74.7% year over year
Last 12 mo $-175.00M
2.43%FY2025
−6.6 percentage points
Last 12 mo -4.77%
Cash & financing
$1.25BFY2025
−14.7% year over year
Last 12 mo $1.02B
$-339.00MFY2025
−285.2% year over year
Last 12 mo $-873.00M
1.35FY2025
Was 1.14× a year earlier
Last 12 mo 1.70
119.9MFY2025
−6.6% year over year
Last 12 mo 112.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Alaska Air Group, Inc. does

In the company’s own words

Alaska Air Group, Inc. (NYSE: ALK) is an airline holding company whose operations include scheduled passenger and cargo air transportation through Alaska Airlines, Hawaiian Airlines and regional services operated by Horizon Air and SkyWest. Alaska and Hawaiian serve destinations across North America, Latin America, Asia and the Pacific, while regional flights operate mainly in western North America, with capacity sold to Alaska under capacity purchase agreements. The company also provides cargo services, including dedicated freighter operations and aircraft service for Amazon, and earns revenue from its Atmos Rewards loyalty program, lounges and travel-related services. Following its 2024 acquisition of Hawaiian Holdings, Alaska and Hawaiian combined operations under Alaska’s FAA certificate in October 2025, while Hawaiian remains a distinct guest-facing brand. Other key brands include Horizon Air and McGee Air Services, an aviation services provider. Air Group carried 47 million Alaska and Hawaiian revenue passengers and about 11 million regional passengers in 2025, and employed 35,951 people at year-end. Its website is www.alaskaair.com.

Company details
Sector
Industrials
Industry (SIC)
Air Transportation
Headquarters
SEATTLE, WA
Fiscal year end
December
CIK
766421
SIC
4512

Financial performance, year by year

Fiscal 2013–2025 · USD
$-2.93B$1.89B$6.72B$11.55B$16.37B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Alaska Air Group, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

350
funds hold it
1 of 35
superinvestors hold it
$2.40B
held by funds, at market
44.5%
of shares held by funds
2
bond issues held by funds

Superinvestors in Alaska Air Group, Inc. · what they did last quarter

Chris BloomstranINCREASED +5.8%
Semper Augustus Investments Group
10.6%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Alaska Air Group, Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.16%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
0.18%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.64%of fund net assets
VANGUARD PRIMECAP FUND
VPMCX · VANGUARD CHESTER FUNDS
0.16%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Alaska Air Group, Inc.’s bonds, as funds hold them

Funds report holding 2 issues of Alaska Air Group, Inc.’s debt, $111.85M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.42%, maturing 2027 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Alaska Air Group, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Alaska Air Group, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Alaska Air Group, Inc.'s last four quarterly filings that the numbers alone won't show?”
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