Alaska Air Group Inc (ALK)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 394,000 | 385,000 | 236,000 | 86,000 | 70,000 | 86,000 | 282,000 | 644,000 | 685,000 | 51,000 | -778,000 | -1,615,000 | -1,775,000 | -928,000 | 65,000 | 717,000 | 1,063,000 | 857,000 | 732,000 | 639,000 |
| 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 |
| Operating profit margin | 3.78% | 3.72% | 2.28% | 0.85% | 0.73% | 0.95% | 3.44% | 9.07% | 10.98% | 1.01% | -20.30% | -59.22% | -49.78% | -18.61% | 0.97% | 8.39% | 12.11% | 9.95% | 8.67% | 7.69% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $394,000K ÷ $10,426,000K
= 3.78%
The operating profit margin of Alaska Air Group Inc. has shown a relatively stable trend over the past eight quarters. The margin ranged from 2.49% in Q1 2022 to a peak of 8.74% in Q3 2023. This indicates that the company has been able to effectively manage its operating expenses and generate profits from its core business operations, with fluctuations in profitability levels reflecting potential changes in revenue generation or cost management strategies. Despite some variability, the overall trend suggests a positive performance in maintaining healthy operating margins over the analyzed period.
Peer comparison
Dec 31, 2023