Alaska Air Group Inc (ALK)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 235,000 | 259,000 | 160,000 | 59,000 | 58,000 | 54,000 | 208,000 | 466,000 | 478,000 | 13,000 | -612,000 | -1,223,000 | -1,324,000 | -696,000 | 57,000 | 533,000 | 769,000 | 611,000 | 506,000 | 437,000 |
| 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 |
| Net profit margin | 2.25% | 2.50% | 1.55% | 0.58% | 0.60% | 0.59% | 2.53% | 6.56% | 7.66% | 0.26% | -15.97% | -44.85% | -37.13% | -13.96% | 0.85% | 6.24% | 8.76% | 7.09% | 6.00% | 5.26% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $235,000K ÷ $10,426,000K
= 2.25%
The net profit margin of Alaska Air Group Inc. has exhibited fluctuating trends over the past eight quarters. In Q1 2023, the net profit margin was at its lowest level at 0.58%, indicating that the company generated a profit of only 0.58 cents for every dollar of revenue. This was a significant drop from the previous quarter's net profit margin of 1.55%.
The net profit margin improved in Q2 and Q3 2023, reaching 2.50% and 2.25%, respectively, which suggests that the company was able to control its expenses and increase its profitability relative to revenue during these periods.
Looking back at the previous year, Alaska Air Group Inc. experienced a relatively higher net profit margin in Q1 and Q2 2022, at 6.60% and 2.54% respectively. However, the net profit margin decreased in Q3 and Q4 2022 to 0.60%.
Overall, the net profit margin of Alaska Air Group Inc. has shown variability, with fluctuations indicating changes in the company's efficiency in managing costs and generating profits. Further analysis is recommended to understand the factors driving these fluctuations and to assess the company's financial performance in a broader context.
Peer comparison
Dec 31, 2023