Alaska Air Group Inc (ALK)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 545,000 | 470,000 | 335,000 | 344,000 | 323,000 | 354,000 | 226,000 | 86,000 | 79,000 | 73,000 | 253,000 | 596,000 | 629,000 | -21,000 | -855,000 | -1,674,000 | -1,818,000 | -954,000 | 51,000 | 693,000 |
| Revenue (ttm) | US$ in thousands | 11,735,000 | 10,754,000 | 10,521,000 | 10,462,000 | 10,426,000 | 10,352,000 | 10,341,000 | 10,161,000 | 9,646,000 | 9,066,000 | 8,191,000 | 7,060,000 | 6,176,000 | 5,085,000 | 3,833,000 | 2,727,000 | 3,566,000 | 4,986,000 | 6,674,000 | 8,541,000 |
| Pretax margin | 4.64% | 4.37% | 3.18% | 3.29% | 3.10% | 3.42% | 2.19% | 0.85% | 0.82% | 0.81% | 3.09% | 8.44% | 10.18% | -0.41% | -22.31% | -61.39% | -50.98% | -19.13% | 0.76% | 8.11% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $545,000K ÷ $11,735,000K
= 4.64%
The pretax margin of Alaska Air Group Inc has fluctuated over the past few years, exhibiting a volatile trend. The margin started positively at 8.11% in March 2020 but sharply declined to 0.76% in June 2020, and further plunged into negative territory with -19.13% in September 2020. The company faced significant challenges as the pretax margin continued to deteriorate, reaching a low of -61.39% in March 2021.
However, there was a notable turnaround in the performance, with the pretax margin improving to 10.18% by December 2021. The positive momentum was sustained, with the margin staying above zero in subsequent quarters, reaching a peak of 4.64% by December 2024. This recovery suggests that Alaska Air Group Inc successfully implemented strategic measures to enhance profitability and operational efficiency during the period under review.
Peer comparison
Dec 31, 2024