Alaska Air Group Inc (ALK)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 395,000 | 235,000 | 58,000 | 478,000 | -1,307,000 |
| Revenue | US$ in thousands | 11,735,000 | 10,426,000 | 9,646,000 | 6,176,000 | 3,566,000 |
| Net profit margin | 3.37% | 2.25% | 0.60% | 7.74% | -36.65% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $395,000K ÷ $11,735,000K
= 3.37%
The net profit margin of Alaska Air Group Inc has shown variability over the past five years. In December 2020, the company had a negative net profit margin of -36.65%, indicating that its expenses exceeded its revenues, resulting in a loss. Subsequently, in December 2021, the net profit margin improved significantly to 7.74%, suggesting that the company was able to generate a profit after covering all expenses. However, in the following years, the net profit margin fluctuated, with values of 0.60% in December 2022, 2.25% in December 2023, and 3.37% in December 2024.
Overall, the positive trend from 2020 to 2021 signifies an improvement in the company's profitability, though the subsequent fluctuations imply some level of volatility in its financial performance. It is essential for Alaska Air Group Inc to closely monitor its expenses and revenue generation strategies to maintain and potentially enhance its net profit margin in the future.
Peer comparison
Dec 31, 2024