Alaska Air (ALK)

Company Profile

alaska airlines has been flying since 1932 and is notably recognized as a stand-out performer among domestic carriers in the united states. we provide an exceptional travel experience to our customers with an unwavering commitment to a safe and reliable operation and our award-winning customer service. we were born in a state where aviation is a way of life, not a choice, and where people help each other because they believe it's the right thing to do — not because they're supposed to. much has changed over the years, but our unique heritage continues to serve as our compass point — our own magnetic "north." our values have been a part of who we are since our early beginnings in the state of alaska. we believe this combination of pride in our heritage and passion for our shared values has led to our success in setting the standard for genuine and caring service. alaska airlines and our sister carrier, horizon air, together serve 90 destinations in the lower 48, alaska, hawaii, ca

Company profile

Ticker

ALK

Exchange

NYSE

Website

investor.alaskaair.com/

CEO

Bradley Tilden

Incorporated

Delaware

Location

Washington

Fiscal year end

Dec 31

Sector

Transportation and Warehousing > Scheduled Passenger Air Transportation

Industry (SIC)

Air Transportation, Scheduled

Delta Air Lines • American Airlines • United Airlines • Southwest Airlines • Jetblue Airways • Skywest • Frontier • Mesa Air • Spirit Airlines • Sun Country Airlines ...

Former names

ALASKA AIR GROUP INC

SEC CIK

0000766421

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Alaska Airlines, Inc. • Horizon Air Industries, Inc. • McGee Air Services, Inc. • ASA Assurance, Inc. • AAG Leasing, Inc. ...

IRS number

911292054

ALK stock data

1M 1Y 5Y

Latest filings (excl ownership)

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8-K

Entry into a Material Definitive Agreement

2 Nov 23

Alaska Air Group reports third quarter 2023 results

18 Oct 23

8-K

Regulation FD Disclosure

Prospectus with selling stockholder info

4 Aug 23

424B7

Prospectus with selling stockholder info

4 Aug 23

424B7

Prospectus with selling stockholder info

4 Aug 23

424B7

Prospectus with selling stockholder info

4 Aug 23

S-3ASR

Automatic shelf registration

4 Aug 23

Transcripts

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ALK

Earnings call transcript

2023 Q3

19 Oct 23

ALK

Earnings call transcript

2023 Q2

25 Jul 23

ALK

Earnings call transcript

2023 Q2

25 Jul 23

ALK

Earnings call transcript

2023 Q1

20 Apr 23

ALK

Earnings call transcript

2022 Q4

26 Jan 23

ALK

Earnings call transcript

2022 Q3

20 Oct 22

ALK

Earnings call transcript

2022 Q2

21 Jul 22

ALK

Earnings call transcript

2022 Q1

21 Apr 22

ALK

Earnings call transcript

2021 Q4

27 Jan 22

ALK

Earnings call transcript

2021 Q3

21 Oct 21

Latest ownership filings

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EMILY HALVERSON

5 Dec 23

MUEHLEN CONSTANCE E VON

Financial summary

Financial statements Chart ALK financial data

Quarter (USD)	Sep 23	Jun 23	Mar 23	Dec 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	674.00 mm	674.00 mm	674.00 mm	674.00 mm	674.00 mm	674.00 mm
Cash burn (monthly)	(no burn)	3.75 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	8.65 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	665.35 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	177.4	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Alaska Air earnings reports.

Institutional ownership, Q3 2023

ALK institutional ownership history Ownership history

77.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	459	487	-5.7%
Opened positions	66	56	+17.9%
Closed positions	94	75	+25.3%
Increased positions	145	154	-5.8%
Reduced positions	169	180	-6.1%

13F shares	Current	Prev Q	Change
Total value	3.67 tn	5.43 tn	-32.5%
Total shares	99.36 mm	102.40 mm	-3.0%
Total puts	2.47 mm	1.67 mm	+48.1%
Total calls	1.46 mm	1.36 mm	+7.8%
Total put/call ratio	1.7	1.2	+37.3%

Largest owners	Shares	Value	Change
Vanguard	14.46 mm	$536.22 bn	+0.3%
Victory Capital Management	7.98 mm	$295.84 bn	-0.6%
BLK Blackrock	7.80 mm	$289.34 bn	-1.9%
Dimensional Fund Advisors	4.78 mm	$177.22 bn	+12.6%
STT State Street	4.06 mm	$150.61 bn	-1.1%
Primecap Management	3.88 mm	$143.88 bn	-0.4%
IVZ Invesco	3.45 mm	$127.83 bn	+18.5%
LSV Asset Management	3.41 mm	$125.57 bn	-0.5%
Geode Capital Management	2.81 mm	$104.03 bn	+2.2%
MS Morgan Stanley	2.59 mm	$96.00 bn	-11.2%

Largest transactions	Shares	Bought/sold	Change
Point72 Asset Management	177.50 k	-2.00 mm	-91.8%
JPM JPMorgan Chase & Co.	325.47 k	-1.30 mm	-80.0%
Citadel Advisors	1.15 mm	+1.15 mm	+115373300.0%
Los Angeles Capital Management & Equity Research	302.07 k	-648.27 k	-68.2%
BMO Bank of Montreal	270.04 k	-548.57 k	-67.0%
IVZ Invesco	3.45 mm	+537.15 k	+18.5%
Dimensional Fund Advisors	4.78 mm	+534.31 k	+12.6%
Jupiter Asset Management	0.00	-511.67 k	EXIT
Boston Partners	2.32 mm	-497.10 k	-17.7%
PRU Prudential Financial	622.59 k	-471.51 k	-43.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

ALK insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Dec 23	Emily Halverson	COMMON STOCK	Payment of exercise	Dispose F	No	No	39.73	42	1.67 k	6,020
1 Dec 23	Emily Halverson	COMMON STOCK	Option exercise	Acquire M	No	No	0	170	0.00	6,062
1 Dec 23	Emily Halverson	RSU COMMON STOCK	Option exercise	Dispose M	No	No	0	170	0.00	0
5 Nov 23	Rakow Diana Birkett	COMMON STOCK	Payment of exercise	Dispose F	No	No	33.56	389	13.05 k	7,521
5 Nov 23	Rakow Diana Birkett	COMMON STOCK	Option exercise	Acquire M	No	No	0	987	0.00	7,910
5 Nov 23	Rakow Diana Birkett	RSU COMMON STOCK	Option exercise	Dispose M	No	No	0	987	0.00	0
5 Nov 23	Andrew R Harrison	COMMON STOCK	Payment of exercise	Dispose F	No	No	33.56	1,294	43.43 k	21,240
5 Nov 23	Andrew R Harrison	COMMON STOCK	Option exercise	Acquire M	No	No	0	3,287	0.00	22,534
5 Nov 23	Andrew R Harrison	RSU COMMON STOCK	Option exercise	Dispose M	No	No	0	3,287	0.00	0
5 Nov 23	Benito Minicucci	COMMON STOCK	Payment of exercise	Dispose F	No	No	33.56	1,552	52.09 k	119,886