Alaska Historical Income Statement

ALK Stock  USD 53.81  0.02  0.04%   
Historical analysis of Alaska Air income statement accounts such as Interest Expense of 149.1 M, Selling General Administrative of 331.6 M or Total Revenue of 12.3 B can show how well Alaska Air Group performed in making a profits. Evaluating Alaska Air income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Alaska Air's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Alaska Air Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Alaska Air Group is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Alaska Income Statement Analysis

Alaska Air Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Alaska Air shareholders. The income statement also shows Alaska investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Alaska Air Income Statement Chart

At this time, Alaska Air's EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 1.3 B this year, although the value of Total Other Income Expense Net is projected to rise to (23.8 M).

Total Revenue

Total revenue comprises all receipts Alaska Air Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Alaska Air Group. It is also known as Alaska Air overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Alaska Air Group income statement and represents the costs associated with goods and services Alaska Air provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Alaska Air's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Alaska Air Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Alaska Air's EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 1.3 B this year, although the value of Total Other Income Expense Net is projected to rise to (23.8 M).
 2022 2023 2024 2025 (projected)
Total Operating Expenses1.0B2.1B1.5B1.6B
Cost Of Revenue8.0B8.0B9.4B9.8B

Alaska Air income statement Correlations

0.81-0.090.890.230.91-0.020.10.290.870.31-0.02-0.080.01-0.120.73-0.07-0.630.52-0.530.7-0.510.74-0.72
0.81-0.20.750.220.82-0.24-0.090.070.720.45-0.24-0.16-0.18-0.40.57-0.29-0.770.51-0.590.8-0.640.71-0.73
-0.09-0.20.010.4-0.090.480.330.3-0.150.170.43-0.440.430.410.180.530.030.040.2-0.18-0.18-0.460.21
0.890.750.010.420.980.260.440.60.910.430.23-0.010.280.080.91-0.04-0.70.45-0.290.68-0.320.7-0.64
0.230.220.40.420.320.60.640.660.00.90.57-0.270.630.390.670.61-0.040.390.150.17-0.10.010.16
0.910.82-0.090.980.320.090.30.460.930.40.06-0.010.11-0.080.86-0.17-0.730.46-0.420.72-0.370.76-0.72
-0.02-0.240.480.260.60.090.930.890.010.250.98-0.020.970.950.450.680.02-0.10.76-0.10.35-0.170.43
0.1-0.090.330.440.640.30.930.980.190.350.870.040.870.820.60.49-0.130.010.64-0.020.420.00.29
0.290.070.30.60.660.460.890.980.350.40.840.020.840.770.720.46-0.250.110.520.120.30.140.14
0.870.72-0.150.910.00.930.010.190.350.05-0.010.120.01-0.090.69-0.34-0.750.33-0.390.68-0.30.77-0.79
0.310.450.170.430.90.40.250.350.40.050.2-0.350.29-0.010.630.38-0.120.46-0.170.25-0.270.140.0
-0.02-0.240.430.230.570.060.980.870.84-0.010.20.080.990.960.420.660.04-0.090.77-0.050.3-0.180.39
-0.08-0.16-0.44-0.01-0.27-0.01-0.020.040.020.12-0.350.080.070.08-0.07-0.510.15-0.270.16-0.10.240.08-0.12
0.01-0.180.430.280.630.110.970.870.840.010.290.990.070.910.480.650.02-0.030.710.00.23-0.150.34
-0.12-0.40.410.080.39-0.080.950.820.77-0.09-0.010.960.080.910.220.650.13-0.230.84-0.180.46-0.260.5
0.730.570.180.910.670.860.450.60.720.690.630.42-0.070.480.220.17-0.440.5-0.140.48-0.230.52-0.44
-0.07-0.290.53-0.040.61-0.170.680.490.46-0.340.380.66-0.510.650.650.170.250.020.44-0.150.07-0.30.57
-0.63-0.770.03-0.7-0.04-0.730.02-0.13-0.25-0.75-0.120.040.150.020.13-0.440.25-0.340.31-0.80.46-0.610.64
0.520.510.040.450.390.46-0.10.010.110.330.46-0.09-0.27-0.03-0.230.50.02-0.34-0.510.58-0.550.39-0.55
-0.53-0.590.2-0.290.15-0.420.760.640.52-0.39-0.170.770.160.710.84-0.140.440.31-0.51-0.430.68-0.410.73
0.70.8-0.180.680.170.72-0.1-0.020.120.680.25-0.05-0.10.0-0.180.48-0.15-0.80.58-0.43-0.630.75-0.74
-0.51-0.64-0.18-0.32-0.1-0.370.350.420.3-0.3-0.270.30.240.230.46-0.230.070.46-0.550.68-0.63-0.330.62
0.740.71-0.460.70.010.76-0.170.00.140.770.14-0.180.08-0.15-0.260.52-0.3-0.610.39-0.410.75-0.33-0.65
-0.72-0.730.21-0.640.16-0.720.430.290.14-0.790.00.39-0.120.340.5-0.440.570.64-0.550.73-0.740.62-0.65
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Alaska Air Account Relationship Matchups

Alaska Air income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization420M394M415M451M583M612.2M
Interest Expense87M117M94M121M142M149.1M
Selling General Administrative101M2.5B3.2B308M349M331.6M
Total Revenue3.6B6.2B9.6B10.4B11.7B12.3B
Gross Profit(414M)1.4B1.7B2.5B2.4B1.4B
Other Operating Expenses4.5B5.5B9.0B10.0B11.2B11.7B
Operating Income(1.8B)341M338M394M570M598.5M
Ebit(1.8B)(257M)782M818M687M721.4M
Ebitda(1.3B)137M1.2B1.3B1.3B1.3B
Cost Of Revenue4.0B4.8B8.0B8.0B9.4B9.8B
Total Operating Expenses508M680M1.0B2.1B1.5B1.6B
Income Before Tax(1.8B)629M79M323M545M572.3M
Total Other Income Expense Net316M(65M)(56M)(71M)(25M)(23.8M)
Net Income(1.3B)478M58M235M395M414.8M
Income Tax Expense(511M)151M21M88M150M85.4M
Selling And Marketing Expenses101M173M295M303M349M366.5M
Net Income Applicable To Common Shares769M(1.3B)478M58M66.7M63.4M
Net Income From Continuing Ops62M478M58M259M395M339.7M
Tax Provision(511M)151M21M95M150M117.5M
Interest Income31M92M41M80M101M54.9M
Net Interest Income(21M)(56M)(92M)(41M)(7M)(43.1M)
Reconciled Depreciation420M394M415M435M583M473M

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When determining whether Alaska Air Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alaska Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alaska Air Group Stock. Highlighted below are key reports to facilitate an investment decision about Alaska Air Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alaska Air. If investors know Alaska will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alaska Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.704
Earnings Share
3.08
Revenue Per Share
93.035
Quarterly Revenue Growth
0.384
Return On Assets
0.0323
The market value of Alaska Air Group is measured differently than its book value, which is the value of Alaska that is recorded on the company's balance sheet. Investors also form their own opinion of Alaska Air's value that differs from its market value or its book value, called intrinsic value, which is Alaska Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alaska Air's market value can be influenced by many factors that don't directly affect Alaska Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alaska Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alaska Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alaska Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.