Alaska Air Group Inc (ALK)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 20.14% | 19.78% | 17.92% | 18.43% | 18.21% | 18.72% | 18.35% | 16.73% | 17.23% | 16.67% | 16.35% | 20.27% | 21.92% | 15.85% | 9.60% | -16.43% | -11.61% | 7.46% | 15.39% | 20.58% |
| Operating profit margin | 6.43% | 7.26% | 6.19% | 4.92% | 5.04% | 4.71% | 4.94% | 4.17% | 4.34% | 4.37% | 5.13% | 10.18% | 11.09% | 1.44% | -19.72% | -58.42% | -49.16% | -18.61% | 0.97% | 8.39% |
| 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% |
| Net profit margin | 3.37% | 2.99% | 2.14% | 2.34% | 2.25% | 2.50% | 1.55% | 0.58% | 0.60% | 0.60% | 2.54% | 6.60% | 7.74% | 0.59% | -15.52% | -44.22% | -36.65% | -13.96% | 0.85% | 6.24% |
Alaska Air Group Inc's profitability ratios have shown fluctuations over the years. The gross profit margin has improved steadily from negative figures in 2020 to around 19-20% in recent periods, indicating better efficiency in generating revenue after accounting for the cost of goods sold.
The company's operating profit margin, after facing significant negative margins in 2020, has shown a positive trend, standing at around 6-7% by the end of 2024. This indicates improved operational efficiency and cost management.
Similarly, the pretax margin and net profit margin have also shown an upward trend, moving from negative margins to positive figures by the end of 2024. This reflects the company's ability to generate profits before and after tax on its total revenue over time.
Overall, Alaska Air Group Inc has made significant progress in improving its profitability margins from challenging levels in 2020 to more stable and positive margins by the end of 2024, showcasing a positive trajectory in their financial performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.82% | 3.99% | 4.24% | 3.48% | 3.32% | 3.22% | 3.45% | 2.97% | 2.93% | 2.73% | 2.84% | 5.06% | 4.91% | 0.53% | -5.16% | -11.17% | -12.48% | -6.29% | 0.46% | 5.37% |
| Return on assets (ROA) | 2.00% | 1.65% | 1.47% | 1.65% | 1.48% | 1.71% | 1.08% | 0.41% | 0.41% | 0.37% | 1.41% | 3.28% | 3.43% | 0.22% | -4.06% | -8.46% | -9.31% | -4.72% | 0.41% | 3.99% |
| Return on total capital | 18.41% | 16.90% | 17.13% | 19.61% | 18.26% | 19.77% | 24.22% | 22.34% | 21.51% | 19.60% | 13.87% | 3.30% | 4.13% | -14.08% | -39.50% | -54.54% | -57.60% | -25.97% | 2.12% | 17.96% |
| Return on equity (ROE) | 9.03% | 7.19% | 5.32% | 6.16% | 5.71% | 6.33% | 4.05% | 1.60% | 1.52% | 1.41% | 5.48% | 12.81% | 12.58% | 0.85% | -17.90% | -41.95% | -43.49% | -20.15% | 1.48% | 13.28% |
Alaska Air Group Inc's profitability ratios show a mix of performance over the reported periods.
- Operating return on assets (Operating ROA) ranged from negative values in late 2020 and early 2021 to positive figures in 2024, indicating a recovery in operational efficiency and profitability. The ratio improved steadily from 2021 to 2024, reaching a modest 4.24% in June 2024.
- Return on assets (ROA) followed a similar trend, starting from negative values and gradually increasing to positive levels by the end of 2024. The ratio showed a consistent improvement over the years, with a notable increase to 2.00% by December 2024.
- Return on total capital exhibited a significant recovery, with negative figures in 2020 turning positive in the following years. The ratio increased steadily, reflecting improved capital utilization and profitability, reaching 18.41% by the end of 2024.
- Return on equity (ROE) displayed a similar trend to ROA and ROA, starting from negative values and showing a gradual improvement. ROE increased consistently from 2021 onwards, reaching 9.03% by December 2024, indicating enhanced profitability and efficiency in generating returns for equity holders.
Overall, the profitability ratios of Alaska Air Group Inc demonstrate a positive trajectory, suggesting an improving financial performance and operational efficiency over the analyzed periods.