Alaska Air Group
Financial Performance
Alaska Air Group Revenue & Financials
Revenue
$10.8B (FY2024)
Market Cap
$6.3B
Employees
31,000
What is Alaska Air Group's revenue?
Alaska Air Group had $10.8B in revenue for fiscal year 2024, up 3.1% from 2023.
- Latest revenue
- $10.8B (FY2024)
- Year-over-year
- +3.1%
- Growth rate (CAGR)
- 20.3% over 3 years
- Peak revenue
- $10.8B (FY2024)
- Years of data
- 4
- Employees
- 31,000
- How many employees does Alaska Air Group have?
- Alaska Air Group has about 31,000 employees.
Financial Analysis
Alaska Air Group delivers standout financial performance relative to the commercial airline industry, characterized by industry-leading pretax profit margins, conservative balance sheet debt, and robust operational cash flow. In fiscal 2024, Alaska Air Group generated operating revenue of $10.75 billion, supported by record passenger traffic, strong premium seat load factors, and expanding co-branded credit card remuneration. Adjusted pretax margin stood at 5.5%, among the highest of any traditional mainline US airline. Operating cash flow totaled $1.15 billion, enabling the company to fund new Boeing 737 MAX deliveries and finance the Hawaiian Airlines acquisition while maintaining an investment-grade balance sheet with an adjusted net debt-to-EBITDAR ratio below 2.5x.
Revenue Trend Analysis
YoY Change
+3.1%
3-Year CAGR
+20.3%
Peak Year
2024
Trend
Consistent Growth
Alaska Air Group has 4 full fiscal year figures on this page, compounding at +20.3% annually over 3 years. The most recent year saw a 3.1% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $10.8B. Of 3 comparable year-over-year steps, 3 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | $10.8B | +3.1% |
| FY2023 | $10.4B | +8.1% |
| FY2022 | $9.6B | +56.2% |
| FY2021 | $6.2B | — |
Click any row to see year details.
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Alaska Air Group Revenue and Financial FAQ
What was Alaska Air Group's revenue in 2024?
Alaska Air Group achieved $10.75 billion in revenue for fiscal year 2024.
Is Alaska Air Group profitable?
Alaska Air Group's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is Alaska Air Group growing?
Alaska Air Group has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does Alaska Air Group fund its capital expenditures?
Alaska Air Group funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is Alaska Air Group's debt profile?
Alaska Air Group maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does Alaska Air Group reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Alaska Air Group Revenue & Financials." CorpDigest, https://corpdigest.com/company/alaska-air-group/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Alaska Air Group reported $10.8B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/alaska-air-group/financials" target="_blank" rel="noopener">CorpDigest — Alaska Air Group financials</a></div>Explore Alaska Air Group
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