ALASKA AIR GROUP, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that ALASKA AIR GROUP, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $10.43B | Feb 14, 2024 |
| FY2023 | Dec 31, 2022 | $9.65B | Feb 14, 2024 |
| FY2023 | Dec 31, 2021 | $6.18B | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | $3.57B | Feb 13, 2023 |
| FY2021 | Dec 31, 2019 | $8.78B | Feb 11, 2022 |
| FY2020 | Dec 31, 2018 | $8.26B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $7.89B | Feb 12, 2020 |
| FY2018 | Dec 31, 2016 | $5.93B | Feb 15, 2019 |
| FY2017 | Dec 31, 2015 | $0 | Feb 15, 2018 |
| FY2016 | Dec 31, 2014 | $0 | Feb 28, 2017 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $14.24B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $11.74B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $10.43B | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $9.65B | Feb 14, 2025 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $7.93B | Feb 15, 2018 |
| FY2017 | Dec 31, 2016 | $5.93B | Feb 15, 2018 |
| FY2017 | Dec 31, 2015 | $5.60B | Feb 15, 2018 |
| FY2016 | Dec 31, 2014 | $5.37B | Feb 28, 2017 |
| FY2015 | Dec 31, 2013 | $5.16B | Feb 11, 2016 |
| FY2014 | Dec 31, 2012 | $4.66B | Feb 11, 2015 |
| FY2013 | Dec 31, 2011 | $4.32B | Feb 13, 2014 |
| FY2012 | Dec 31, 2010 | $3.83B | Feb 14, 2013 |
| FY2011 | Dec 31, 2009 | $3.40B | Feb 21, 2012 |
| FY2010 | Dec 31, 2008 | $3.66B | Feb 23, 2011 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $100.00M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $395.00M | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $235.00M | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $58.00M | Feb 14, 2025 |
| FY2023 | Dec 31, 2021 | $478.00M | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | ($1.32B) | Feb 13, 2023 |
| FY2021 | Dec 31, 2019 | $769.00M | Feb 11, 2022 |
| FY2020 | Dec 31, 2018 | $437.00M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $960.00M | Feb 12, 2020 |
| FY2018 | Dec 31, 2016 | $797.00M | Feb 15, 2019 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $303.00M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $570.00M | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $394.00M | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $70.00M | Feb 14, 2025 |
| FY2023 | Dec 31, 2021 | $685.00M | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | ($1.78B) | Feb 13, 2023 |
| FY2021 | Dec 31, 2019 | $1.06B | Feb 11, 2022 |
| FY2020 | Dec 31, 2018 | $643.00M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $1.21B | Feb 12, 2020 |
| FY2018 | Dec 31, 2016 | $1.31B | Feb 15, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.25B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $1.46B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $1.05B | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $1.42B | Feb 14, 2025 |
| FY2023 | Dec 31, 2021 | $1.03B | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | ($234.00M) | Feb 13, 2023 |
| FY2021 | Dec 31, 2019 | $1.72B | Feb 11, 2022 |
| FY2020 | Dec 31, 2018 | $1.20B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $1.59B | Feb 12, 2020 |
| FY2018 | Dec 31, 2016 | $1.39B | Feb 15, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $1.49B | Feb 14, 2024 |
| FY2023 | Dec 31, 2022 | $1.67B | Feb 14, 2024 |
| FY2023 | Dec 31, 2021 | $292.00M | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | $222.00M | Feb 13, 2023 |
| FY2021 | Dec 31, 2019 | $696.00M | Feb 11, 2022 |
| FY2020 | Dec 31, 2018 | $960.00M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $1.03B | Feb 12, 2020 |
| FY2018 | Dec 31, 2016 | $678.00M | Feb 15, 2019 |
| FY2017 | Dec 31, 2015 | $831.00M | Feb 15, 2018 |
| FY2016 | Dec 31, 2014 | $694.00M | Feb 28, 2017 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $20.36B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $19.77B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $14.61B | Feb 14, 2025 |
| FY2023 | Dec 31, 2022 | $14.19B | Feb 14, 2024 |
| FY2022 | Dec 31, 2021 | $13.95B | Feb 13, 2023 |
| FY2021 | Dec 31, 2020 | $14.05B | Feb 11, 2022 |
| FY2020 | Dec 31, 2019 | $12.99B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $10.91B | Feb 12, 2020 |
| FY2018 | Dec 31, 2017 | $10.75B | Feb 15, 2019 |
| FY2017 | Dec 31, 2016 | $9.96B | Feb 15, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.12B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $4.37B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $4.11B | Feb 12, 2026 |
| FY2025 | Dec 31, 2022 | $3.82B | Feb 12, 2026 |
| FY2024 | Dec 31, 2021 | $3.80B | Feb 14, 2025 |
| FY2023 | Dec 31, 2020 | $2.99B | Feb 14, 2024 |
| FY2022 | Dec 31, 2019 | $4.33B | Feb 13, 2023 |
| FY2021 | Dec 31, 2018 | $3.75B | Feb 11, 2022 |
| FY2020 | Dec 31, 2017 | $3.46B | Feb 26, 2021 |
| FY2019 | Dec 31, 2016 | $2.74B | Feb 12, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.72B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $2.72B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $1.94B | Feb 14, 2025 |
| FY2023 | Dec 31, 2022 | $2.04B | Feb 14, 2024 |
| FY2022 | Dec 31, 2021 | $2.04B | Feb 13, 2023 |
| FY2021 | Dec 31, 2020 | $2.05B | Feb 11, 2022 |
| FY2020 | Dec 31, 2019 | $1.94B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $1.94B | Feb 12, 2020 |
| FY2018 | Dec 31, 2017 | $1.94B | Feb 15, 2019 |
| FY2017 | Dec 31, 2016 | $1.93B | Feb 15, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.03B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $4.93B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $4.54B | Feb 14, 2025 |
| FY2023 | Dec 31, 2022 | $4.30B | Feb 14, 2024 |
| FY2022 | Dec 31, 2021 | $4.24B | Feb 13, 2023 |
| FY2021 | Dec 31, 2020 | $3.76B | Feb 11, 2022 |
| FY2020 | Dec 31, 2019 | $5.13B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $4.53B | Feb 12, 2020 |
| FY2018 | Dec 31, 2017 | $4.19B | Feb 15, 2019 |
| FY2017 | Dec 31, 2016 | $3.57B | Feb 15, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $627.00M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $1.20B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $281.00M | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $338.00M | Feb 14, 2025 |
| FY2023 | Dec 31, 2021 | $470.00M | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | $1.37B | Feb 13, 2023 |
| FY2021 | Dec 31, 2019 | $221.00M | Feb 11, 2022 |
| FY2020 | Dec 31, 2018 | $105.00M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $194.00M | Feb 12, 2020 |
| FY2018 | Dec 31, 2016 | $328.00M | Feb 15, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.31B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $4.93B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $2.47B | Feb 14, 2025 |
| FY2023 | Dec 31, 2022 | $2.16B | Feb 14, 2024 |
| FY2022 | Dec 31, 2021 | $2.54B | Feb 13, 2023 |
| FY2021 | Dec 31, 2020 | $3.50B | Feb 11, 2022 |
| FY2020 | Dec 31, 2019 | $1.50B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $2.10B | Feb 12, 2020 |
| FY2018 | Dec 31, 2017 | $2.57B | Feb 15, 2019 |
| FY2017 | Dec 31, 2016 | $2.96B | Feb 15, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | 3 | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | 1 | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Feb 14, 2025 |
| FY2023 | Dec 31, 2021 | 3 | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | (10) | Feb 13, 2023 |
| FY2021 | Dec 31, 2019 | 6 | Feb 11, 2022 |
| FY2020 | Dec 31, 2018 | 3 | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | 7 | Feb 12, 2020 |
| FY2018 | Dec 31, 2016 | 6 | Feb 15, 2019 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | 3 | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | 1 | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Feb 14, 2025 |
| FY2023 | Dec 31, 2021 | 3 | Feb 14, 2024 |
| FY2022 | Dec 31, 2020 | (10) | Feb 13, 2023 |
| FY2021 | Dec 31, 2019 | 6 | Feb 11, 2022 |
| FY2020 | Dec 31, 2018 | 3 | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | 7 | Feb 12, 2020 |
| FY2018 | Dec 31, 2016 | 6 | Feb 15, 2019 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 115.53M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | 123.12M | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | 126.09M | Feb 14, 2025 |
| FY2023 | Dec 31, 2022 | 127.53M | Feb 14, 2024 |
| FY2022 | Dec 31, 2021 | 125.91M | Feb 13, 2023 |
| FY2021 | Dec 31, 2020 | 124.22M | Feb 11, 2022 |
| FY2019 | Dec 31, 2019 | 123.00M | Feb 12, 2020 |
| FY2019 | Dec 31, 2018 | 123.19M | Feb 12, 2020 |
| FY2018 | Dec 31, 2017 | 123.06M | Feb 15, 2019 |
| FY2017 | Dec 31, 2016 | 123.33M | Feb 15, 2018 |