Alaska Air Group Inc (ALK)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 395,000 | 322,000 | 225,000 | 245,000 | 235,000 | 259,000 | 160,000 | 59,000 | 58,000 | 54,000 | 208,000 | 466,000 | 478,000 | 30,000 | -595,000 | -1,206,000 | -1,307,000 | -696,000 | 57,000 | 533,000 |
| Total stockholders’ equity | US$ in thousands | 4,372,000 | 4,479,000 | 4,226,000 | 3,977,000 | 4,113,000 | 4,093,000 | 3,951,000 | 3,689,000 | 3,816,000 | 3,826,000 | 3,799,000 | 3,637,000 | 3,801,000 | 3,531,000 | 3,324,000 | 2,875,000 | 3,005,000 | 3,454,000 | 3,861,000 | 4,015,000 |
| 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $395,000K ÷ $4,372,000K
= 9.03%
The return on equity (ROE) of Alaska Air Group Inc has exhibited fluctuations over the analyzed period. From March 31, 2020, to September 30, 2021, the company experienced negative ROE figures, indicating challenges in generating profits relative to shareholders' equity.
Starting from December 31, 2021, the ROE turned positive and increased steadily, reaching a peak of 9.03% by December 31, 2024. This positive trend suggests a more effective utilization of shareholders' equity to generate profits.
Overall, the company has shown improvement in ROE from negative figures to positive values, indicating a potential enhancement in profitability and efficiency in utilizing equity capital for the benefit of shareholders. It would be essential for the company to sustain this positive trend in ROE to enhance shareholder value in the future.
Peer comparison
Dec 31, 2024