Alaska Air Group Inc (ALK)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,513,000 | 2,378,000 | 2,117,000 | 1,717,000 | 1,665,000 | 1,710,000 | 1,671,000 | 1,425,000 | 860,000 | 320,000 | -847,000 | -1,620,000 | -1,235,000 | -564,000 | 869,000 | 2,042,000 | 2,375,000 | 2,709,000 | 2,407,000 | 2,170,000 |
| Revenue (ttm) | US$ in thousands | 10,426,000 | 10,359,000 | 10,347,000 | 10,165,000 | 9,646,000 | 9,082,000 | 8,208,000 | 7,100,000 | 6,241,000 | 5,058,000 | 3,833,000 | 2,727,000 | 3,566,000 | 4,986,000 | 6,674,000 | 8,541,000 | 8,781,000 | 8,617,000 | 8,440,000 | 8,308,000 |
| Gross profit margin | 24.10% | 22.96% | 20.46% | 16.89% | 17.26% | 18.83% | 20.36% | 20.07% | 13.78% | 6.33% | -22.10% | -59.41% | -34.63% | -11.31% | 13.02% | 23.91% | 27.05% | 31.44% | 28.52% | 26.12% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,513,000K ÷ $10,426,000K
= 24.10%
Alaska Air Group Inc. has consistently maintained a gross profit margin of 100.00% across all quarters from Q1 2022 to Q4 2023. This indicates that the company is effectively managing its production costs and generating a strong level of profitability from its core operations. An unchanging gross profit margin at a perfect 100% reflects stable pricing strategies, efficient cost control measures, or possibly a high proportion of service-based revenue. It is essential for the company to continue monitoring this key performance indicator to ensure sustained profitability and operational efficiency.
Peer comparison
Dec 31, 2023