Alaska Air Group Inc (ALK)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 570,000 | 394,000 | 338,000 | 341,000 | -1,753,000 |
| Revenue | US$ in thousands | 11,735,000 | 10,426,000 | 9,646,000 | 6,176,000 | 3,566,000 |
| Operating profit margin | 4.86% | 3.78% | 3.50% | 5.52% | -49.16% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $570,000K ÷ $11,735,000K
= 4.86%
The operating profit margin of Alaska Air Group Inc has shown significant improvement over the years. Starting at a negative 49.16% in December 2020, the company managed to turn around its profitability and achieve a positive operating profit margin of 5.52% by December 2021. However, there was a slight dip to 3.50% by December 2022, but the company was able to maintain and improve its profitability further to 3.78% by December 2023 and 4.86% by December 2024. This indicates the company's efforts to control costs and improve operational efficiency, resulting in a healthier margin over the years.
Peer comparison
Dec 31, 2024