Alaska Air Group Inc (ALK)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 545,000 | 323,000 | 79,000 | 629,000 | -1,818,000 |
| Revenue | US$ in thousands | 11,735,000 | 10,426,000 | 9,646,000 | 6,176,000 | 3,566,000 |
| Pretax margin | 4.64% | 3.10% | 0.82% | 10.18% | -50.98% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $545,000K ÷ $11,735,000K
= 4.64%
The pretax margin of Alaska Air Group Inc has shown significant fluctuations over the past five years. Starting at a dismal -50.98% in December 2020, the company managed to turn around its performance impressively by achieving a pretax margin of 10.18% in December 2021. However, in the following years, the pretax margin decreased to 0.82% in December 2022 before showing slight improvements to 3.10% in December 2023 and further to 4.64% in December 2024.
These fluctuations suggest that Alaska Air Group Inc has experienced challenges in maintaining consistent profitability before making some progress in recent years. It is important for the company to continue monitoring and managing its operational efficiency and cost structure to sustain and further improve its pretax margin in the future.
Peer comparison
Dec 31, 2024